Guardforce Cash vs Total Assets Analysis
| GFAI Stock | USD 1.30 0.08 6.56% |
Guardforce financial indicator trend analysis is much more than just examining Guardforce AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardforce AI is a good investment. Please check the relationship between Guardforce Cash and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardforce AI Cash account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guardforce's Cash and Total Assets is 0.62. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Guardforce AI Co, assuming nothing else is changed. The correlation between historical values of Guardforce's Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Guardforce AI Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Guardforce's Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Guardforce AI, which is listed under current asset account on Guardforce AI Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Guardforce customers. The amounts must be unrestricted with restricted cash listed in a different Guardforce account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Assets
Total assets refers to the total amount of Guardforce assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Guardforce AI books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Guardforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardforce AI 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of now, Guardforce's Tax Provision is increasing as compared to previous years. The Guardforce's current Sales General And Administrative To Revenue is estimated to increase to 0.31, while Selling General Administrative is projected to decrease to under 6.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 984.8K | 1.1M | 653.4K | 936.4K | Depreciation And Amortization | 5.0M | 6.0M | 5.2M | 4.9M |
Guardforce fundamental ratios Correlations
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Guardforce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guardforce fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 39.8M | 36.4M | 42.1M | 61.3M | 45.8M | 44.6M | |
| Short Long Term Debt Total | 27.9M | 26.5M | 24.3M | 28.4M | 6.6M | 6.3M | |
| Other Current Liab | 2.3M | 249.4K | 2.6M | 6.1M | 6.6M | 3.7M | |
| Total Current Liabilities | 26.6M | 8.1M | 22.5M | 19.2M | 14.0M | 14.8M | |
| Total Stockholder Equity | 1.3M | (2.2M) | 6.5M | 19.2M | 25.2M | 26.5M | |
| Other Liab | 5.6M | 6.4M | 6.8M | 5.9M | 6.8M | 6.6M | |
| Net Tangible Assets | 1.0M | (2.4M) | 6.0M | 10.7M | 12.3M | 12.9M | |
| Property Plant And Equipment Net | 15.3M | 12.1M | 12.3M | 12.2M | 6.7M | 8.9M | |
| Net Debt | 21.8M | 18.1M | 10.0M | 21.5M | (13.6M) | (12.9M) | |
| Retained Earnings | (1.6M) | (4.7M) | (10.2M) | (28.8M) | (58.3M) | (55.4M) | |
| Accounts Payable | 1.4M | 1.4M | 675.2K | 2.1M | 2.1M | 1.7M | |
| Cash | 6.1M | 8.4M | 14.3M | 6.9M | 20.2M | 21.2M | |
| Non Current Assets Total | 26.4M | 19.3M | 20.1M | 26.3M | 14.7M | 22.4M | |
| Non Currrent Assets Other | 7.4M | 3.9M | 3.6M | (78.3K) | 3.6M | 3.3M | |
| Cash And Short Term Investments | 6.1M | 8.4M | 14.3M | 6.9M | 20.2M | 21.2M | |
| Net Receivables | 5.9M | 6.7M | 5.1M | 5.4M | 8.8M | 7.0M | |
| Liabilities And Stockholders Equity | 39.8M | 36.4M | 42.1M | 61.3M | 45.8M | 44.6M | |
| Non Current Liabilities Total | 11.7M | 30.4M | 13.0M | 22.9M | 6.7M | 6.3M | |
| Other Current Assets | 1.4M | 1.5M | 2.9M | 2.0M | 1.5M | 1.8M | |
| Total Liab | 38.4M | 38.5M | 35.5M | 42.2M | 20.7M | 36.2M | |
| Total Current Assets | 13.4M | 17.0M | 21.9M | 35.0M | 31.1M | 22.2M | |
| Accumulated Other Comprehensive Income | 497.1K | 427.7K | 1.3M | 1.6M | 1.2M | 898.5K | |
| Short Term Debt | 23.0M | 6.2M | 19.2M | 10.4M | 4.9M | 4.7M | |
| Intangible Assets | 253.5K | 223.4K | 493.9K | 8.5M | 2.8M | 2.0M | |
| Property Plant Equipment | 15.3M | 12.1M | 12.3M | 12.2M | 14.1M | 13.1M |
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When determining whether Guardforce AI is a strong investment it is important to analyze Guardforce'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 Guardforce's future performance. For an informed investment choice regarding Guardforce Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Electronic Equipment, Instruments & Components 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 Guardforce. If investors know Guardforce 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 Guardforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 3.606 | Quarterly Revenue Growth (0.05) | Return On Assets (0.16) | Return On Equity (0.73) |
The market value of Guardforce AI is measured differently than its book value, which is the value of Guardforce that is recorded on the company's balance sheet. Investors also form their own opinion of Guardforce's value that differs from its market value or its book value, called intrinsic value, which is Guardforce'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 Guardforce's market value can be influenced by many factors that don't directly affect Guardforce'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 Guardforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardforce'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.