AirIQ Intangible Assets vs Short Term Debt Analysis

IQ Stock  CAD 0.41  0.02  5.13%   
AirIQ financial indicator trend analysis is way more than just evaluating AirIQ Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AirIQ Inc is a good investment. Please check the relationship between AirIQ Intangible Assets and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AirIQ 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 board of governors.

Intangible Assets vs Short Term Debt

Intangible Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AirIQ Inc Intangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AirIQ's Intangible Assets and Short Term Debt is -0.25. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of AirIQ Inc, assuming nothing else is changed. The correlation between historical values of AirIQ's Intangible Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of AirIQ Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Intangible Assets i.e., AirIQ's Intangible Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Term Debt

Most indicators from AirIQ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AirIQ 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AirIQ 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 board of governors.
AirIQ reported Tax Provision of (2.83 Million) in 2023. Sales General And Administrative To Revenue is likely to climb to 0.54 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue4.4M5.0M5.5M6.1M
Depreciation And Amortization478K601K667K633.7K

AirIQ fundamental ratios Correlations

0.390.960.92-0.93-0.180.440.870.970.370.94-0.050.22-0.570.30.270.96-0.17-0.140.17-0.26-0.310.250.950.33-0.27
0.390.350.32-0.47-0.780.790.520.30.490.440.210.650.180.820.980.470.040.0-0.12-0.8-0.18-0.550.360.65-0.8
0.960.350.91-0.92-0.10.420.90.960.430.90.020.28-0.60.250.220.89-0.25-0.120.1-0.19-0.230.30.920.31-0.21
0.920.320.91-0.86-0.20.340.810.920.180.85-0.180.25-0.530.320.210.85-0.08-0.260.31-0.28-0.480.170.860.27-0.3
-0.93-0.47-0.92-0.860.16-0.56-0.98-0.85-0.56-0.990.07-0.270.56-0.29-0.34-0.960.36-0.01-0.040.240.21-0.27-0.9-0.340.25
-0.18-0.78-0.1-0.20.16-0.51-0.17-0.11-0.1-0.16-0.37-0.68-0.26-0.98-0.79-0.24-0.260.22-0.21.00.310.89-0.19-0.450.99
0.440.790.420.34-0.56-0.510.610.350.620.530.170.30.00.550.750.5-0.480.06-0.16-0.550.06-0.250.310.15-0.55
0.870.520.90.81-0.98-0.170.610.790.650.94-0.020.35-0.510.310.40.9-0.430.07-0.05-0.25-0.150.240.840.35-0.26
0.970.30.960.92-0.85-0.110.350.790.240.85-0.070.17-0.560.240.180.87-0.11-0.210.2-0.2-0.340.280.90.28-0.21
0.370.490.430.18-0.56-0.10.620.650.240.510.350.39-0.160.190.430.48-0.60.25-0.55-0.140.340.190.380.24-0.14
0.940.440.90.85-0.99-0.160.530.940.850.51-0.120.21-0.560.280.320.98-0.320.020.07-0.24-0.240.280.910.31-0.25
-0.050.210.02-0.180.07-0.370.17-0.02-0.070.35-0.120.590.030.40.21-0.03-0.13-0.04-0.03-0.360.47-0.330.110.16-0.36
0.220.650.280.25-0.27-0.680.30.350.170.390.210.590.180.760.650.260.17-0.090.13-0.7-0.18-0.550.350.67-0.7
-0.570.18-0.6-0.530.56-0.260.0-0.51-0.56-0.16-0.560.030.180.170.36-0.540.37-0.210.03-0.2-0.22-0.49-0.60.15-0.19
0.30.820.250.32-0.29-0.980.550.310.240.190.280.40.760.170.810.350.21-0.220.19-0.99-0.31-0.820.320.52-0.99
0.270.980.220.21-0.34-0.790.750.40.180.430.320.210.650.360.810.350.11-0.04-0.11-0.8-0.21-0.610.240.65-0.8
0.960.470.890.85-0.96-0.240.50.90.870.480.98-0.030.26-0.540.350.35-0.23-0.060.11-0.31-0.260.210.950.37-0.33
-0.170.04-0.25-0.080.36-0.26-0.48-0.43-0.11-0.6-0.32-0.130.170.370.210.11-0.23-0.380.29-0.22-0.57-0.39-0.090.51-0.22
-0.140.0-0.12-0.26-0.010.220.060.07-0.210.250.02-0.04-0.09-0.21-0.22-0.04-0.06-0.38-0.220.220.460.17-0.14-0.20.23
0.17-0.120.10.31-0.04-0.2-0.16-0.050.2-0.550.07-0.030.130.030.19-0.110.110.29-0.22-0.2-0.55-0.220.19-0.03-0.21
-0.26-0.8-0.19-0.280.241.0-0.55-0.25-0.2-0.14-0.24-0.36-0.7-0.2-0.99-0.8-0.31-0.220.22-0.20.320.85-0.26-0.471.0
-0.31-0.18-0.23-0.480.210.310.06-0.15-0.340.34-0.240.47-0.18-0.22-0.31-0.21-0.26-0.570.46-0.550.320.23-0.25-0.350.33
0.25-0.550.30.17-0.270.89-0.250.240.280.190.28-0.33-0.55-0.49-0.82-0.610.21-0.390.17-0.220.850.230.23-0.280.85
0.950.360.920.86-0.9-0.190.310.840.90.380.910.110.35-0.60.320.240.95-0.09-0.140.19-0.26-0.250.230.45-0.28
0.330.650.310.27-0.34-0.450.150.350.280.240.310.160.670.150.520.650.370.51-0.2-0.03-0.47-0.35-0.280.45-0.47
-0.27-0.8-0.21-0.30.250.99-0.55-0.26-0.21-0.14-0.25-0.36-0.7-0.19-0.99-0.8-0.33-0.220.23-0.211.00.330.85-0.28-0.47
Click cells to compare fundamentals

AirIQ Account Relationship Matchups

AirIQ fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1M3.9M4.6M8.4M9.1M10.8M
Total Current Liabilities1.6M1.1M1.3M1.4M1.1M1.1M
Total Stockholder Equity2.3M2.7M3.2M7.0M7.9M6.0M
Property Plant And Equipment Net348K465K908K938K1.7M1.4M
Net Debt(2.1M)(1.7M)(1.8M)(2.2M)(3.1M)(3.0M)
Retained Earnings(96.4M)(96.0M)(95.4M)(91.7M)(90.9M)(95.4M)
Accounts Payable761K574K700K767K593K563.4K
Cash2.2M1.8M1.9M2.2M3.1M2.1M
Non Current Assets Total1.0M1.1M1.6M4.9M5.1M5.1M
Cash And Short Term Investments2.2M1.8M1.9M2.2M3.1M3.8M
Net Receivables347K499K433K567K251K238.5K
Common Stock Shares Outstanding30.9M30.9M31.3M30.5M30.1M15.6M
Liabilities And Stockholders Equity4.1M3.9M4.6M8.4M9.1M10.8M
Other Stockholder Equity7.3M7.3M7.2M7.3M7.4M7.1M
Total Liab1.8M1.2M1.4M1.5M1.2M1.1M
Total Current Assets3.0M2.8M2.9M3.5M4.0M5.7M
Other Current Assets115K77K82K133K145K241.4K
Inventory373K355K515K639K484K725.1K
Intangible Assets659K683K719K1.0M1.2M1.5M
Current Deferred Revenue737K431K522K586K549K521.6K
Other Liab100K124K30K78K70.2K106.8K
Net Tangible Assets1.6M2.0M2.4M5.9M6.8M7.2M
Property Plant Equipment296K348K465K908K1.0M1.1M
Net Invested Capital2.3M2.8M3.2M7.0M7.9M4.1M
Net Working Capital1.5M1.7M1.6M2.2M2.9M1.7M

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Additional Tools for AirIQ Stock Analysis

When running AirIQ's price analysis, check to measure AirIQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AirIQ is operating at the current time. Most of AirIQ's value examination focuses on studying past and present price action to predict the probability of AirIQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AirIQ's price. Additionally, you may evaluate how the addition of AirIQ to your portfolios can decrease your overall portfolio volatility.