Ageagle Income Before Tax vs Interest Income 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 Income Before Tax and its Interest Income 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.

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ageagle Aerial Systems Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between Ageagle Aerial's Income Before Tax and Interest Income is 0.29. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income 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 Income Before Tax and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Ageagle Aerial Systems are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., Ageagle Aerial's Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Ageagle Aerial income statement and is an important metric when analyzing Ageagle Aerial Systems profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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

Other Operating Expenses Total Revenue

Ageagle Aerial fundamental ratios Correlations

	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Term Debt	Common Stock	Total Assets	Other Current Liab	Cash	Cash And Short Term Investments	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Current Deferred Revenue	Inventory
Short Long Term Debt Total		0.28	0.05	0.88	-0.09	0.42	0.38	-0.4	0.12	0.88	0.33	0.08	0.39	0.07	-0.33	-0.3	-0.15	0.78	0.49	0.07	0.37	0.9	0.53	0.78	-0.27	-0.1
Total Current Liabilities	0.28		0.13	0.19	-0.58	0.32	-0.24	0.1	0.65	0.55	0.77	0.28	0.33	0.6	0.03	0.02	0.23	-0.11	0.32	-0.18	0.46	0.08	0.03	-0.1	0.38	0.43
Total Stockholder Equity	0.05	0.13		-0.2	0.12	0.58	0.0	0.05	0.27	0.31	-0.43	0.34	0.92	0.71	0.48	0.5	0.71	0.33	0.86	-0.15	0.76	0.29	0.41	0.33	0.66	0.33
Net Debt	0.88	0.19	-0.2		-0.15	0.38	0.41	-0.32	0.08	0.7	0.37	0.04	0.12	-0.18	-0.74	-0.71	-0.55	0.68	0.29	0.38	0.17	0.73	0.4	0.68	-0.31	-0.07
Retained Earnings	-0.09	-0.58	0.12	-0.15		-0.39	0.46	-0.47	-0.92	-0.14	-0.52	-0.54	0.03	-0.09	0.16	0.19	-0.14	0.32	0.06	0.24	-0.3	0.16	-0.06	0.31	-0.17	-0.82
Accounts Payable	0.42	0.32	0.58	0.38	-0.39		0.18	0.04	0.59	0.51	-0.06	0.69	0.68	0.36	-0.15	-0.12	0.23	0.53	0.72	-0.03	0.74	0.43	0.47	0.54	0.42	0.57
Common Stock Total Equity	0.38	-0.24	0.0	0.41	0.46	0.18		-0.49	-0.45	0.29	-0.24	0.2	0.11	-0.07	-0.29	-0.24	-0.37	0.61	0.23	0.1	0.16	0.49	-0.25	0.61	-0.12	-0.42
Common Stock Shares Outstanding	-0.4	0.1	0.05	-0.32	-0.47	0.04	-0.49		0.46	-0.31	-0.01	0.27	-0.08	0.1	0.08	0.04	0.18	-0.48	-0.14	0.11	0.01	-0.43	-0.17	-0.48	0.15	0.56
Other Stockholder Equity	0.12	0.65	0.27	0.08	-0.92	0.59	-0.45	0.46		0.27	0.38	0.64	0.33	0.38	0.02	0.0	0.4	-0.18	0.28	-0.29	0.57	-0.04	0.21	-0.17	0.41	0.91
Total Liab	0.88	0.55	0.31	0.7	-0.14	0.51	0.29	-0.31	0.27		0.35	0.13	0.65	0.49	-0.13	-0.1	0.08	0.67	0.71	-0.02	0.61	0.88	0.53	0.67	0.07	0.0
Short Term Debt	0.33	0.77	-0.43	0.37	-0.52	-0.06	-0.24	-0.01	0.38	0.35		-0.04	-0.21	0.0	-0.26	-0.28	-0.21	-0.14	-0.17	-0.07	-0.06	-0.03	-0.11	-0.14	-0.17	0.13
Common Stock	0.08	0.28	0.34	0.04	-0.54	0.69	0.2	0.27	0.64	0.13	-0.04		0.34	0.3	0.05	0.06	0.32	0.06	0.31	-0.34	0.62	0.01	-0.16	0.07	0.38	0.74
Total Assets	0.39	0.33	0.92	0.12	0.03	0.68	0.11	-0.08	0.33	0.65	-0.21	0.34		0.76	0.33	0.36	0.6	0.53	0.97	-0.13	0.85	0.58	0.54	0.53	0.56	0.28
Other Current Liab	0.07	0.6	0.71	-0.18	-0.09	0.36	-0.07	0.1	0.38	0.49	0.0	0.3	0.76		0.47	0.47	0.63	0.01	0.69	-0.21	0.73	0.24	0.16	0.01	0.68	0.31
Cash	-0.33	0.03	0.48	-0.74	0.16	-0.15	-0.29	0.08	0.02	-0.13	-0.26	0.05	0.33	0.47		1.0	0.89	-0.25	0.12	-0.67	0.2	-0.19	-0.05	-0.25	0.23	0.01
Cash And Short Term Investments	-0.3	0.02	0.5	-0.71	0.19	-0.12	-0.24	0.04	0.0	-0.1	-0.28	0.06	0.36	0.47	1.0		0.88	-0.19	0.15	-0.67	0.22	-0.14	-0.03	-0.19	0.22	-0.02
Total Current Assets	-0.15	0.23	0.71	-0.55	-0.14	0.23	-0.37	0.18	0.4	0.08	-0.21	0.32	0.6	0.63	0.89	0.88		-0.13	0.4	-0.63	0.56	-0.04	0.2	-0.13	0.44	0.38
Property Plant And Equipment Net	0.78	-0.11	0.33	0.68	0.32	0.53	0.61	-0.48	-0.18	0.67	-0.14	0.06	0.53	0.01	-0.25	-0.19	-0.13		0.64	0.15	0.35	0.86	0.52	1.0	-0.17	-0.29
Non Current Assets Total	0.49	0.32	0.86	0.29	0.06	0.72	0.23	-0.14	0.28	0.71	-0.17	0.31	0.97	0.69	0.12	0.15	0.4	0.64		0.03	0.82	0.67	0.56	0.65	0.52	0.22
Non Currrent Assets Other	0.07	-0.18	-0.15	0.38	0.24	-0.03	0.1	0.11	-0.29	-0.02	-0.07	-0.34	-0.13	-0.21	-0.67	-0.67	-0.63	0.15	0.03		-0.19	0.09	0.12	0.15	-0.02	-0.16
Net Receivables	0.37	0.46	0.76	0.17	-0.3	0.74	0.16	0.01	0.57	0.61	-0.06	0.62	0.85	0.73	0.2	0.22	0.56	0.35	0.82	-0.19		0.45	0.32	0.36	0.6	0.54
Non Current Liabilities Total	0.9	0.08	0.29	0.73	0.16	0.43	0.49	-0.43	-0.04	0.88	-0.03	0.01	0.58	0.24	-0.19	-0.14	-0.04	0.86	0.67	0.09	0.45		0.61	0.86	-0.13	-0.23
Other Current Assets	0.53	0.03	0.41	0.4	-0.06	0.47	-0.25	-0.17	0.21	0.53	-0.11	-0.16	0.54	0.16	-0.05	-0.03	0.2	0.52	0.56	0.12	0.32	0.61		0.53	0.01	0.07
Property Plant And Equipment Gross	0.78	-0.1	0.33	0.68	0.31	0.54	0.61	-0.48	-0.17	0.67	-0.14	0.07	0.53	0.01	-0.25	-0.19	-0.13	1.0	0.65	0.15	0.36	0.86	0.53		-0.17	-0.27
Current Deferred Revenue	-0.27	0.38	0.66	-0.31	-0.17	0.42	-0.12	0.15	0.41	0.07	-0.17	0.38	0.56	0.68	0.23	0.22	0.44	-0.17	0.52	-0.02	0.6	-0.13	0.01	-0.17		0.51
Inventory	-0.1	0.43	0.33	-0.07	-0.82	0.57	-0.42	0.56	0.91	0.0	0.13	0.74	0.28	0.31	0.01	-0.02	0.38	-0.29	0.22	-0.16	0.54	-0.23	0.07	-0.27	0.51

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Ageagle Income Before Tax vs Interest Income Analysis

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Interest Income

Ageagle Aerial fundamental ratios Correlations

Ageagle Aerial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Ageagle Stock Analysis

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Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.97	Total Assets
Total Assets	+ 0.92	Total Stockholder Equity
Inventory	+ 0.91	Other Stockholder Equity
Non Current Liabilities Total	+ 0.9	Short Long Term Debt Total

Other Stockholder Equity	- 0.92	Retained Earnings
Inventory	- 0.82	Retained Earnings
Cash	- 0.74	Net Debt
Cash And Short Term Investments	- 0.71	Net Debt
Non Currrent Assets Other	- 0.67	Cash And Short Term Investments
Non Currrent Assets Other	- 0.67	Cash