Auddia Other Assets vs Net Invested Capital Analysis
AUUD Stock | USD 0.58 0.03 5.45% |
Auddia financial indicator trend analysis is way more than just evaluating Auddia Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auddia Inc is a good investment. Please check the relationship between Auddia Other Assets and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auddia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Other Assets vs Net Invested Capital
Other Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Auddia Inc Other Assets account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Auddia's Other Assets and Net Invested Capital is 0.44. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Auddia Inc, assuming nothing else is changed. The correlation between historical values of Auddia's Other Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Auddia Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Assets i.e., Auddia's Other Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Auddia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auddia Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auddia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Auddia's Sales General And Administrative To Revenue is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.4M | 173.0K | 1.3M | 2.4M | Depreciation And Amortization | 166.7K | 991.6K | 25.4K | 24.1K |
Auddia fundamental ratios Correlations
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Auddia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Auddia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9M | 2.3M | 9.6M | 6.1M | 4.4M | 4.3M | |
Short Long Term Debt Total | 6M | 9.2M | 11.9M | 1.8M | 3.0M | 5.1M | |
Other Current Liab | 1.1M | 2.4M | 12.3K | 195.5K | 533.1K | 684.9K | |
Total Current Liabilities | 11.1M | 15.4M | 223.2K | 2.3M | 4.0M | 5.3M | |
Total Stockholder Equity | (9.2M) | (13.1M) | 9.4M | 3.9M | 420.4K | 441.4K | |
Net Tangible Assets | (10.6M) | (14.9M) | 6.2M | (284.1K) | (326.8K) | (343.1K) | |
Property Plant And Equipment Net | 13.6K | 12.3K | 72.8K | 41.1K | 18.1K | 31.0K | |
Net Debt | 8.9M | 11.8M | (6.3M) | 114.5K | 2.2M | 3.3M | |
Retained Earnings | (49.5M) | (51.4M) | (64.8M) | (71.7M) | (80.5M) | (84.6M) | |
Accounts Payable | 772.0K | 1.1M | 210.9K | 290.0K | 424.5K | 449.7K | |
Cash | 290.2K | 117.9K | 6.3M | 1.7M | 804.6K | 1.5M | |
Non Current Assets Total | 1.6M | 2.2M | 3.3M | 4.4M | 3.6M | 2.7M | |
Non Currrent Assets Other | 202.0K | 343.9K | 52.9K | 274.7K | 203.0K | 175.6K | |
Other Assets | 202.0K | 2.2M | 52.9K | 274.7K | 315.8K | 504.6K | |
Cash And Short Term Investments | 290.2K | 117.9K | 6.3M | 1.7M | 804.6K | 1.5M | |
Net Receivables | 16.5K | 128.0 | 87.0 | 137.0 | 494.0 | 469.3 | |
Common Stock Shares Outstanding | 451.7K | 19.4K | 415.9K | 500.1K | 681.2K | 647.2K | |
Liabilities And Stockholders Equity | 1.9M | 2.3M | 9.6M | 6.1M | 4.4M | 4.3M | |
Non Current Liabilities Total | 875.5K | 9.9M | 13.0M | 210.9K | 2.1M | 0.0 | |
Other Stockholder Equity | 5.0M | 38.3M | 74.2M | 75.6M | 81.0M | 44.1M | |
Total Liab | 11.1M | 15.4M | 223.2K | 2.3M | 4.0M | 5.5M | |
Net Invested Capital | (33.1M) | (1.2M) | 9.4M | 5.6M | 3.4M | 3.6M | |
Property Plant And Equipment Gross | 13.6K | 12.3K | 779.8K | 107.2K | 109.6K | 166.9K | |
Short Long Term Debt | 6M | 9.2M | 11.9M | 1.8M | 3.0M | 5.1M | |
Total Current Assets | 306.7K | 118.0K | 6.3M | 1.7M | 834.0K | 1.6M | |
Net Working Capital | (10.8M) | (15.3M) | 6.1M | (599.9K) | (3.1M) | (3.3M) | |
Short Term Debt | 6M | 9.2M | 11.9M | 1.8M | 3.0M | 5.1M | |
Intangible Assets | 1.3M | 1.8M | 3.2M | 4.1M | 3.3M | 2.5M | |
Common Stock | 2.3M | 486.0 | 12.4K | 12.7K | 854.0 | 811.3 | |
Property Plant Equipment | 13.6K | 12.3K | 72.8K | 41.1K | 47.2K | 32.9K | |
Capital Stock | 35.4M | 486.0 | 12.4K | 12.7K | 854.0 | 811.3 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Auddia Inc is a strong investment it is important to analyze Auddia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Auddia's future performance. For an informed investment choice regarding Auddia Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auddia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Auddia. If investors know Auddia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Auddia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.16) | Quarterly Revenue Growth (1.00) | Return On Assets (0.75) | Return On Equity (2.03) |
The market value of Auddia Inc is measured differently than its book value, which is the value of Auddia that is recorded on the company's balance sheet. Investors also form their own opinion of Auddia's value that differs from its market value or its book value, called intrinsic value, which is Auddia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Auddia's market value can be influenced by many factors that don't directly affect Auddia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Auddia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Auddia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Auddia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.