Aurora Inventory Turnover vs Ptb Ratio Analysis

JG Stock  USD 7.29  0.02  0.27%   
Aurora Mobile financial indicator trend analysis is way more than just evaluating Aurora Mobile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Mobile is a good investment. Please check the relationship between Aurora Mobile Inventory Turnover and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aurora Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.

Inventory Turnover vs Ptb Ratio

Inventory Turnover vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Mobile Inventory Turnover account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aurora Mobile's Inventory Turnover and Ptb Ratio is 0.58. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Aurora Mobile, assuming nothing else is changed. The correlation between historical values of Aurora Mobile's Inventory Turnover and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Aurora Mobile are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Inventory Turnover i.e., Aurora Mobile's Inventory Turnover and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Aurora Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Mobile 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 Aurora Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.The Aurora Mobile's current Selling General Administrative is estimated to increase to about 79.3 M, while Tax Provision is forecasted to increase to (1.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit264.9M225.8M199.3M198.5M
Total Revenue357.3M328.8M290.2M470.7M

Aurora Mobile fundamental ratios Correlations

0.860.70.690.94-0.020.940.780.58-0.48-0.510.830.880.860.750.390.890.920.77-0.410.26-0.290.80.120.590.8
0.860.410.50.86-0.170.870.960.27-0.4-0.140.550.830.650.490.320.860.830.52-0.450.43-0.050.490.10.620.55
0.70.410.90.680.220.660.30.85-0.09-0.820.840.440.80.780.370.490.480.87-0.180.42-0.720.870.330.510.89
0.690.50.90.610.00.60.370.870.13-0.830.820.350.870.490.020.420.410.830.130.62-0.730.840.420.560.86
0.940.860.680.610.251.00.760.54-0.45-0.450.780.840.820.770.520.850.880.79-0.510.25-0.370.780.080.610.81
-0.02-0.170.220.00.250.23-0.330.320.0-0.340.25-0.060.190.280.28-0.1-0.010.41-0.08-0.27-0.550.35-0.23-0.090.36
0.940.870.660.61.00.230.770.52-0.45-0.430.770.850.80.780.530.860.890.78-0.520.25-0.360.760.080.620.79
0.780.960.30.370.76-0.330.770.14-0.480.020.440.830.510.450.340.840.830.37-0.550.330.180.320.110.60.39
0.580.270.850.870.540.320.520.140.09-0.970.920.220.870.48-0.070.240.390.930.190.21-0.750.910.330.450.93
-0.48-0.4-0.090.13-0.450.0-0.45-0.480.09-0.18-0.21-0.8-0.14-0.56-0.54-0.75-0.62-0.120.750.26-0.43-0.110.610.18-0.1
-0.51-0.14-0.82-0.83-0.45-0.34-0.430.02-0.97-0.18-0.87-0.12-0.82-0.440.11-0.14-0.3-0.88-0.3-0.150.82-0.91-0.35-0.39-0.88
0.830.550.840.820.780.250.770.440.92-0.21-0.870.550.950.680.130.550.720.97-0.090.13-0.580.970.260.570.97
0.880.830.440.350.84-0.060.850.830.22-0.8-0.120.550.570.730.570.990.890.49-0.690.150.070.49-0.240.310.5
0.860.650.80.870.820.190.80.510.87-0.14-0.820.950.570.570.070.590.690.93-0.010.31-0.620.940.210.560.96
0.750.490.780.490.770.280.780.450.48-0.56-0.440.680.730.570.80.730.730.68-0.70.04-0.330.680.070.430.68
0.390.320.370.020.520.280.530.34-0.07-0.540.110.130.570.070.80.560.440.18-0.890.01-0.050.17-0.090.210.19
0.890.860.490.420.85-0.10.860.840.24-0.75-0.140.550.990.590.730.560.850.5-0.660.280.010.51-0.210.320.52
0.920.830.480.410.88-0.010.890.830.39-0.62-0.30.720.890.690.730.440.850.63-0.59-0.06-0.010.630.090.610.64
0.770.520.870.830.790.410.780.370.93-0.12-0.880.970.490.930.680.180.50.63-0.080.21-0.710.970.240.550.99
-0.41-0.45-0.180.13-0.51-0.08-0.52-0.550.190.75-0.3-0.09-0.69-0.01-0.7-0.89-0.66-0.59-0.080.12-0.32-0.020.2-0.2-0.07
0.260.430.420.620.25-0.270.250.330.210.26-0.150.130.150.310.040.010.28-0.060.210.12-0.380.180.160.190.24
-0.29-0.05-0.72-0.73-0.37-0.55-0.360.18-0.75-0.430.82-0.580.07-0.62-0.33-0.050.01-0.01-0.71-0.32-0.38-0.74-0.33-0.3-0.73
0.80.490.870.840.780.350.760.320.91-0.11-0.910.970.490.940.680.170.510.630.97-0.020.18-0.740.250.530.98
0.120.10.330.420.08-0.230.080.110.330.61-0.350.26-0.240.210.07-0.09-0.210.090.240.20.16-0.330.250.80.28
0.590.620.510.560.61-0.090.620.60.450.18-0.390.570.310.560.430.210.320.610.55-0.20.19-0.30.530.80.59
0.80.550.890.860.810.360.790.390.93-0.1-0.880.970.50.960.680.190.520.640.99-0.070.24-0.730.980.280.59
Click cells to compare fundamentals

Aurora Mobile Account Relationship Matchups

Aurora Mobile fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets941.6M787.3M595.5M420.9M350.2M635.1M
Short Long Term Debt Total312.5M225.2M150M5M4.6M4.4M
Other Current Liab14.0M85.1M70.9M60.5M60.0M52.6M
Total Current Liabilities195.8M460.0M373.6M249.6M241.3M254.6M
Total Stockholder Equity507.6M321.2M215.4M128.3M73.5M69.9M
Other Liab8.2M6.0M6.5M12.5M14.3M8.3M
Net Tangible Assets498.8M311.7M210.0M66.0M75.9M72.1M
Property Plant And Equipment Net106.2M73.5M62.2M14.9M5.5M5.2M
Current Deferred Revenue79.3M109.2M120.0M138.8M144.1M99.6M
Net Debt(201.4M)(130.9M)59.4M(111.1M)(109.9M)(115.4M)
Retained Earnings(453.5M)(678.4M)(819.0M)(925.3M)(988.7M)(939.2M)
Accounts Payable20.0M16.6M18.3M18.2M21.1M16.8M
Cash431.5M356.1M90.6M116.1M114.5M199.7M
Non Current Assets Total286.3M257.2M214.4M244.3M180.6M201.7M
Non Currrent Assets Other2.6M5.6M4.9M4.1M5.4M5.5M
Other Assets2.6M5.6M4.9M4.1M3.7M4.4M
Cash And Short Term Investments431.5M436.1M120.6M116.1M114.5M211.7M
Net Receivables137.7M44.5M65.3M30.0M36.4M52.6M
Common Stock Shares Outstanding5.8M5.8M5.9M5.9M6.0M6.2M
Liabilities And Stockholders Equity941.6M787.3M595.5M420.9M350.2M635.1M
Non Current Liabilities Total238.2M6.0M6.5M12.5M5.2M4.9M
Other Current Assets86.0M27.2M191.1M20.3M18.7M17.7M
Other Stockholder Equity954.7M988.8M1.0B1.0B1.0B825.7M
Total Liab434.0M466.1M380.1M262.0M246.5M304.3M
Long Term Investments168.6M168.5M141.9M141.9M112.9M113.5M
Property Plant And Equipment Gross106.2M73.5M173.7M206.5M18.1M17.2M
Total Current Assets655.3M530.1M381.1M176.7M169.6M315.2M
Accumulated Other Comprehensive Income6.3M10.8M12.5M18.3M19.2M10.5M
Non Current Liabilities Other140K64K2.6M4.1M563K534.9K
Short Term Debt82.4M225.1M150M23.1M4.0M3.8M
Intangible Assets8.8M9.5M5.4M45.5M17.9M12.2M
Property Plant Equipment106.2M73.5M62.2M48.7M56.0M72.3M

Currently Active Assets on Macroaxis

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aurora Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Aurora Mobile. If investors know Aurora 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 Aurora Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.55)
Revenue Per Share
49.496
Quarterly Revenue Growth
0.083
Return On Assets
(0.05)
Return On Equity
(0.24)
The market value of Aurora Mobile is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Mobile's value that differs from its market value or its book value, called intrinsic value, which is Aurora Mobile'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 Aurora Mobile's market value can be influenced by many factors that don't directly affect Aurora Mobile'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 Aurora Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Mobile'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.