Aeries Current Deferred Revenue vs Net Debt Analysis
AERTW Stock | 0.04 0.00 0.00% |
Aeries Technology financial indicator trend analysis is way more than just evaluating Aeries Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeries Technology is a good investment. Please check the relationship between Aeries Technology Current Deferred Revenue and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Current Deferred Revenue vs Net Debt
Current Deferred Revenue vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeries Technology Current Deferred Revenue account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aeries Technology's Current Deferred Revenue and Net Debt is 0.44. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of Aeries Technology, assuming nothing else is changed. The correlation between historical values of Aeries Technology's Current Deferred Revenue and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Aeries Technology are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Current Deferred Revenue i.e., Aeries Technology's Current Deferred Revenue and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Aeries Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeries Technology 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Tax Provision is likely to drop to about 1.5 M in 2024. Selling General Administrative is likely to drop to about 13 M in 2024
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.1M | 1.2M | 1.8M | 1.5M | Interest Income | 284K | 191K | 275K | 200K |
Aeries Technology fundamental ratios Correlations
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Aeries Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Aeries Technology's price analysis, check to measure Aeries Technology'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 Aeries Technology is operating at the current time. Most of Aeries Technology's value examination focuses on studying past and present price action to predict the probability of Aeries Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeries Technology's price. Additionally, you may evaluate how the addition of Aeries Technology to your portfolios can decrease your overall portfolio volatility.