Ageagle Common Stock Total Equity vs Cash And Short Term Investments Analysis
UAVS Stock | USD 8.70 2.58 42.16% |
Ageagle Aerial financial indicator trend analysis is way more than just evaluating Ageagle Aerial Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ageagle Aerial Systems is a good investment. Please check the relationship between Ageagle Aerial Common Stock Total Equity and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ageagle Aerial Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Common Stock Total Equity vs Cash And Short Term Investments
Common Stock Total Equity vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ageagle Aerial Systems Common Stock Total Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ageagle Aerial's Common Stock Total Equity and Cash And Short Term Investments is -0.24. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Ageagle Aerial Systems, assuming nothing else is changed. The correlation between historical values of Ageagle Aerial's Common Stock Total Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Ageagle Aerial Systems are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., Ageagle Aerial's Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Ageagle Aerial Systems balance sheet. This account contains Ageagle Aerial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ageagle Aerial Systems fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Ageagle Aerial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ageagle Aerial Systems 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Ageagle Aerial Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, Ageagle Aerial's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.98 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 27.7M | 41.7M | 52.9M | 55.5M | Total Revenue | 9.8M | 19.1M | 13.7M | 14.4M |
Ageagle Aerial fundamental ratios Correlations
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Ageagle Aerial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Ageagle Stock Analysis
When running Ageagle Aerial's price analysis, check to measure Ageagle Aerial'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 Ageagle Aerial is operating at the current time. Most of Ageagle Aerial's value examination focuses on studying past and present price action to predict the probability of Ageagle Aerial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ageagle Aerial's price. Additionally, you may evaluate how the addition of Ageagle Aerial to your portfolios can decrease your overall portfolio volatility.