AGFY Stock | | | USD 32.00 5.33 19.99% |
Agrify Corp financial indicator trend analysis is way more than just evaluating Agrify Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agrify Corp is a good investment. Please check the relationship between Agrify Corp Depreciation and its Free Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Agrify Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Agrify Stock please use our
How to Invest in Agrify Corp guide.
Depreciation vs Free Cash Flow
Depreciation vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Agrify Corp Depreciation account and
Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Agrify Corp's Depreciation and Free Cash Flow is -0.98. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Agrify Corp, assuming nothing else is changed. The correlation between historical values of Agrify Corp's Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Agrify Corp are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Agrify Corp's Depreciation and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Agrify Corp value has been used up. For tax purposes Agrify Corp can deduct the cost of the tangible assets it purchases as business expenses. However, Agrify Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Agrify Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agrify Corp 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 Agrify Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Agrify Stock please use our
How to Invest in Agrify Corp guide.At this time, Agrify Corp's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 299.2
K in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.78 in 2024.
Agrify Corp fundamental ratios Correlations
Click cells to compare fundamentals
Agrify Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agrify Corp fundamental ratios Accounts
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Additional Tools for Agrify Stock Analysis
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measure Agrify Corp'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 Agrify Corp is operating at the current time. Most of Agrify Corp's value examination focuses on studying past and present price action to
predict the probability of Agrify Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agrify Corp's price. Additionally, you may evaluate how the addition of Agrify Corp to your portfolios can decrease your overall portfolio volatility.