AudioEye Selling General Administrative vs Interest Expense Analysis

AEYE Stock  USD 27.23  1.99  7.88%   
AudioEye financial indicator trend analysis is way more than just evaluating AudioEye prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AudioEye is a good investment. Please check the relationship between AudioEye Selling General Administrative and its Interest Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioEye. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.

Selling General Administrative vs Interest Expense

Selling General Administrative vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AudioEye Selling General Administrative account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AudioEye's Selling General Administrative and Interest Expense is -0.09. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Expense in the same time period over historical financial statements of AudioEye, assuming nothing else is changed. The correlation between historical values of AudioEye's Selling General Administrative and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of AudioEye are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Selling General Administrative i.e., AudioEye's Selling General Administrative and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from AudioEye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AudioEye 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, which includes a position in AudioEye. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.The current year's Enterprise Value is expected to grow to about 220.6 M, whereas Selling General Administrative is forecasted to decline to about 7.5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses33.9M33.1M30.3M31.8M
Cost Of Revenue6.1M7.2M7.0M7.3M

AudioEye fundamental ratios Correlations

0.860.42-0.050.890.710.910.97-0.66-0.920.80.810.690.810.840.360.460.980.790.830.880.740.360.50.530.52
0.860.65-0.040.940.830.810.87-0.67-0.930.870.840.840.840.940.40.650.90.90.940.90.760.410.450.740.7
0.420.650.280.660.190.40.440.06-0.660.40.270.760.270.630.20.980.450.840.630.350.360.220.070.950.89
-0.05-0.040.280.14-0.38-0.18-0.180.4-0.2-0.31-0.290.28-0.29-0.160.550.320.040.22-0.01-0.3-0.280.560.290.30.38
0.890.940.660.140.630.860.9-0.55-0.970.80.750.80.750.920.440.690.90.960.930.820.770.450.420.730.72
0.710.830.19-0.380.630.650.7-0.88-0.640.840.890.550.890.740.330.170.760.50.730.890.680.330.480.340.28
0.910.810.4-0.180.860.650.96-0.57-0.820.830.70.650.690.890.190.430.870.770.850.810.760.190.30.440.52
0.970.870.44-0.180.90.70.96-0.65-0.890.850.80.650.80.90.260.470.930.810.860.890.820.260.380.510.51
-0.66-0.670.060.4-0.55-0.88-0.57-0.650.52-0.75-0.93-0.23-0.93-0.58-0.290.06-0.66-0.36-0.59-0.87-0.7-0.29-0.38-0.110.01
-0.92-0.93-0.66-0.2-0.97-0.64-0.82-0.890.52-0.72-0.71-0.86-0.71-0.87-0.44-0.69-0.94-0.94-0.89-0.78-0.64-0.45-0.55-0.77-0.75
0.80.870.4-0.310.80.840.830.85-0.75-0.720.880.580.880.90.370.380.810.70.860.940.880.370.230.440.43
0.810.840.27-0.290.750.890.70.8-0.93-0.710.880.441.00.750.350.270.810.620.760.980.830.350.350.410.27
0.690.840.760.280.80.550.650.65-0.23-0.860.580.440.440.770.410.780.760.860.820.540.410.430.490.820.91
0.810.840.27-0.290.750.890.690.8-0.93-0.710.881.00.440.750.350.270.810.620.760.980.830.350.350.410.27
0.840.940.63-0.160.920.740.890.9-0.58-0.870.90.750.770.750.320.610.840.880.910.860.810.330.340.650.64
0.360.40.20.550.440.330.190.26-0.29-0.440.370.350.410.350.320.180.470.370.380.360.281.00.620.290.28
0.460.650.980.320.690.170.430.470.06-0.690.380.270.780.270.610.180.480.860.650.340.350.20.070.930.92
0.980.90.450.040.90.760.870.93-0.66-0.940.810.810.760.810.840.470.480.810.860.880.710.470.570.580.58
0.790.90.840.220.960.50.770.81-0.36-0.940.70.620.860.620.880.370.860.810.90.70.670.390.320.870.86
0.830.940.63-0.010.930.730.850.86-0.59-0.890.860.760.820.760.910.380.650.860.90.830.770.390.270.660.76
0.880.90.35-0.30.820.890.810.89-0.87-0.780.940.980.540.980.860.360.340.880.70.830.880.360.360.460.36
0.740.760.36-0.280.770.680.760.82-0.7-0.640.880.830.410.830.810.280.350.710.670.770.880.280.10.390.34
0.360.410.220.560.450.330.190.26-0.29-0.450.370.350.430.350.331.00.20.470.390.390.360.280.630.310.3
0.50.450.070.290.420.480.30.38-0.38-0.550.230.350.490.350.340.620.070.570.320.270.360.10.630.290.18
0.530.740.950.30.730.340.440.51-0.11-0.770.440.410.820.410.650.290.930.580.870.660.460.390.310.290.87
0.520.70.890.380.720.280.520.510.01-0.750.430.270.910.270.640.280.920.580.860.760.360.340.30.180.87
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AudioEye Account Relationship Matchups

AudioEye fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding8.1M9.3M11.0M11.5M11.8M6.1M
Total Assets9.2M18.3M29.3M24.4M25.5M26.8M
Short Long Term Debt Total968.5K2.0M967K2.5M7.5M7.8M
Other Current Liab120.4K(278K)(810K)979K2.1M2.2M
Total Current Liabilities6.7M9.0M11.2M11.1M11.5M12.1M
Total Stockholder Equity1.6M7.6M17.6M10.6M6.7M5.4M
Property Plant And Equipment Net982.8K708K1.0M1.3M829K502.7K
Current Deferred Revenue5.4M6.3M7.1M7.1M6.5M3.7M
Net Debt(1.0M)(7.1M)(18.0M)(5.6M)(1.8M)(1.9M)
Retained Earnings(49.9M)(57.1M)(71.3M)(82.5M)(89.5M)(85.0M)
Accounts Payable972.7K2.2M3.5M2.5M2.3M1.3M
Cash2.0M9.1M19.0M6.9M9.2M5.1M
Non Current Assets Total3.5M3.6M4.5M11.5M10.7M11.3M
Cash And Short Term Investments2.0M9.1M19.0M6.9M9.2M5.1M
Net Receivables3.1M5.1M5.3M5.4M4.8M5.1M
Common Stock Total Equity1.6K76.089.01K1.2K763.7
Liabilities And Stockholders Equity9.2M18.3M29.3M24.4M25.5M26.8M
Non Current Liabilities Total860.2K1.6M500K2.8M7.3M7.6M
Other Stockholder Equity51.5M64.7M88.9M93.1M96.2M50.9M
Total Liab7.6M10.6M11.7M13.8M18.8M19.7M
Property Plant And Equipment Gross156.2K708K1.2M1.6M1.1M1.1M
Total Current Assets5.6M14.6M24.8M13.0M14.8M7.8M
Short Term Debt261.5K775K944K506K638K330.4K
Common Stock1.6K76.089.01K1.2K815.44
Non Currrent Assets Other144.9K77K129K105K106K111.3K
Other Current Assets335.6K440K554K595K712K406.6K
Intangible Assets1.7M2.1M2.6M6.0M5.8M3.4M
Property Plant Equipment983K91K1.0M161K185.2K295.7K
Net Tangible Assets(851K)4.8M14.3M547K629.1K597.6K
Capital Surpluse48.0M51.5M64.7M93.1M107.0M112.4M
Other Liab153K83K5K2.0M2.3M2.4M

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When determining whether AudioEye is a strong investment it is important to analyze AudioEye'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 AudioEye's future performance. For an informed investment choice regarding AudioEye Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioEye. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 AudioEye. If investors know AudioEye 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 AudioEye listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.27)
Revenue Per Share
2.824
Quarterly Revenue Growth
0.139
Return On Assets
(0.01)
Return On Equity
(0.44)
The market value of AudioEye is measured differently than its book value, which is the value of AudioEye that is recorded on the company's balance sheet. Investors also form their own opinion of AudioEye's value that differs from its market value or its book value, called intrinsic value, which is AudioEye'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 AudioEye's market value can be influenced by many factors that don't directly affect AudioEye'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 AudioEye's value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioEye is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioEye'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.