Agora Current Ratio from 2010 to 2024

API Stock  USD 4.76  0.27  6.01%   
Agora's Current Ratio is decreasing with slightly volatile movements from year to year. Current Ratio is predicted to flatten to 4.37. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
4.59501881
Current Value
4.37
Quarterly Volatility
3.4053527
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Agora financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Agora's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.7 M, Interest Expense of 19 K or Selling General Administrative of 24.7 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0 or PTB Ratio of 0.41. Agora financial statements analysis is a perfect complement when working with Agora Valuation or Volatility modules.
  
Check out the analysis of Agora Correlation against competitors.

Latest Agora's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Agora Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Agora's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Agora's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 9.84 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Agora Current Ratio Regression Statistics

Arithmetic Mean9.99
Geometric Mean9.40
Coefficient Of Variation34.08
Mean Deviation2.34
Median10.91
Standard Deviation3.41
Sample Variance11.60
Range14.104
R-Value(0.42)
Mean Square Error10.23
R-Squared0.18
Significance0.11
Slope(0.32)
Total Sum of Squares162.35

Agora Current Ratio History

2024 4.37
2023 4.6
2022 6.78
2021 10.81
2020 18.47
2019 6.67

About Agora Financial Statements

Investors use fundamental indicators, such as Agora's Current Ratio, to determine how well the company is positioned to perform in the future. Although Agora's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 4.60  4.37 

Currently Active Assets on Macroaxis

When determining whether Agora Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agora's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agora Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agora Inc Stock:
Check out the analysis of Agora Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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 Agora. If investors know Agora 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 Agora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.48)
Revenue Per Share
1.463
Quarterly Revenue Growth
0.005
Return On Assets
(0.04)
Return On Equity
(0.07)
The market value of Agora Inc is measured differently than its book value, which is the value of Agora that is recorded on the company's balance sheet. Investors also form their own opinion of Agora's value that differs from its market value or its book value, called intrinsic value, which is Agora'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 Agora's market value can be influenced by many factors that don't directly affect Agora'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 Agora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agora'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.