AuthID Change In Working Capital from 2010 to 2024

AUID Stock  USD 6.56  0.18  2.67%   
AuthID's Change In Working Capital is increasing over the years with slightly volatile fluctuation. Overall, Change In Working Capital is expected to go to about 889 K this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2012-03-31
Previous Quarter
-314.7 K
Current Value
975.1 K
Quarterly Volatility
455.3 K
 
Yuan Drop
 
Covid
Check AuthID financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AuthID's main balance sheet or income statement drivers, such as Other Operating Expenses of 10.4 M, Total Operating Expenses of 10 M or Depreciation And Amortization of 243.1 K, as well as many indicators such as Price To Sales Ratio of 321, Dividend Yield of 0.0 or PTB Ratio of 4.63. AuthID financial statements analysis is a perfect complement when working with AuthID Valuation or Volatility modules.
  
Check out the analysis of AuthID Correlation against competitors.

Latest AuthID's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of authID Inc over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. AuthID's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AuthID's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

AuthID Change In Working Capital Regression Statistics

Arithmetic Mean172,437
Coefficient Of Variation381.68
Mean Deviation522,117
Median31,116
Standard Deviation658,161
Sample Variance433.2B
Range2.3M
R-Value0.37
Mean Square Error402.9B
R-Squared0.14
Significance0.18
Slope54,339
Total Sum of Squares6.1T

AuthID Change In Working Capital History

2024889 K
2023846.7 K
2022-854.1 K
2021422.1 K
20201.4 M
2019586.3 K
2018-164.3 K

About AuthID Financial Statements

AuthID stakeholders use historical fundamental indicators, such as AuthID's Change In Working Capital, to determine how well the company is positioned to perform in the future. Although AuthID investors may analyze each financial statement separately, they are all interrelated. For example, changes in AuthID's assets and liabilities are reflected in the revenues and expenses on AuthID's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in authID Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change In Working Capital846.7 K889 K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether authID Inc is a strong investment it is important to analyze AuthID's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AuthID's future performance. For an informed investment choice regarding AuthID Stock, refer to the following important reports:
Check out the analysis of AuthID Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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 AuthID. If investors know AuthID 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 AuthID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
0.079
Quarterly Revenue Growth
4.737
Return On Assets
(0.63)
Return On Equity
(1.13)
The market value of authID Inc is measured differently than its book value, which is the value of AuthID that is recorded on the company's balance sheet. Investors also form their own opinion of AuthID's value that differs from its market value or its book value, called intrinsic value, which is AuthID'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 AuthID's market value can be influenced by many factors that don't directly affect AuthID'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 AuthID's value and its price as these two are different measures arrived at by different means. Investors typically determine if AuthID is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AuthID'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.