Agrify Net Income vs Operating Income Analysis

AGFY Stock

USD 47.62 11.64 32.35%

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 Net Income and its Operating Income 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.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agrify Corp Net Income account and Operating Income. At this time, the significance of the direction appears to have totally related.

The correlation between Agrify Corp's Net Income and Operating Income is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income 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 Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Agrify Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Agrify Corp's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Agrify Corp financial statement analysis. It represents the amount of money remaining after all of Agrify Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Agrify Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Agrify Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	38.9M	180.9M	24.3M	47.9M
Cost Of Revenue	54.6M	90.1M	11.6M	11.0M

Total Operating Expenses Cost Of Revenue

Agrify Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Cash And Equivalents	Net Working Capital
Total Assets		0.33	0.81	0.73	0.82	0.75	0.56	0.08	-0.46	0.54	0.79	0.21	0.88	0.61	0.27	-0.22	0.3	0.76	0.85	0.69	0.68	0.94	0.99	0.85	0.74	0.51
Short Long Term Debt Total	0.33		0.16	0.75	-0.23	0.77	0.5	0.9	-0.91	0.86	0.27	0.77	-0.09	0.84	0.5	-0.09	0.91	0.8	0.52	0.84	0.8	0.01	0.4	-0.11	0.83	-0.56
Other Current Liab	0.81	0.16		0.41	0.79	0.42	0.08	-0.14	-0.13	0.18	0.67	0.15	0.89	0.54	-0.2	0.24	0.11	0.46	0.74	0.38	0.36	0.84	0.79	0.87	0.57	0.64
Total Current Liabilities	0.73	0.75	0.41		0.24	0.85	0.61	0.62	-0.84	0.85	0.77	0.41	0.37	0.79	0.75	-0.1	0.61	0.88	0.69	0.87	0.99	0.5	0.81	0.3	0.91	-0.19
Total Stockholder Equity	0.82	-0.23	0.79	0.24		0.28	0.27	-0.5	0.12	-0.01	0.61	-0.23	0.98	0.21	-0.13	-0.16	-0.22	0.27	0.59	0.17	0.17	0.96	0.75	0.98	0.25	0.91
Net Tangible Assets	0.75	0.77	0.42	0.85	0.28		0.8	0.68	-0.91	0.95	0.45	0.72	0.37	0.72	0.48	-0.44	0.82	1.0	0.83	0.99	0.88	0.5	0.78	0.33	0.92	-0.09
Current Deferred Revenue	0.56	0.5	0.08	0.61	0.27	0.8		0.43	-0.69	0.74	0.22	0.46	0.26	0.5	0.47	-0.78	0.59	0.75	0.67	0.74	0.66	0.41	0.55	0.26	0.56	-0.01
Net Debt	0.08	0.9	-0.14	0.62	-0.5	0.68	0.43		-0.91	0.85	0.02	0.82	-0.37	0.55	0.52	-0.12	0.91	0.69	0.32	0.77	0.69	-0.26	0.16	-0.42	0.7	-0.77
Retained Earnings	-0.46	-0.91	-0.13	-0.84	0.12	-0.91	-0.69	-0.91		-0.99	-0.3	-0.8	0.0	-0.71	-0.6	0.3	-0.92	-0.92	-0.62	-0.96	-0.89	-0.14	-0.52	0.05	-0.88	0.49
Accounts Payable	0.54	0.86	0.18	0.85	-0.01	0.95	0.74	0.85	-0.99		0.33	0.78	0.09	0.67	0.6	-0.39	0.9	0.95	0.67	0.98	0.89	0.24	0.6	0.04	0.89	-0.38
Cash	0.79	0.27	0.67	0.77	0.61	0.45	0.22	0.02	-0.3	0.33		-0.15	0.7	0.59	0.53	0.22	0.02	0.5	0.52	0.44	0.68	0.75	0.84	0.64	0.61	0.29
Long Term Debt	0.21	0.77	0.15	0.41	-0.23	0.72	0.46	0.82	-0.8	0.78	-0.15		-0.12	0.51	0.02	-0.22	0.95	0.72	0.57	0.76	0.51	-0.06	0.23	-0.13	0.69	-0.4
Cash And Short Term Investments	0.88	-0.09	0.89	0.37	0.98	0.37	0.26	-0.37	0.0	0.09	0.7	-0.12		0.36	-0.09	-0.04	-0.11	0.38	0.69	0.28	0.3	0.98	0.83	0.99	0.4	0.84
Common Stock Total Equity	0.61	0.84	0.54	0.79	0.21	0.72	0.5	0.55	-0.71	0.67	0.59	0.51	0.36		0.37	0.02	0.67	0.76	0.73	0.75	0.81	0.42	0.67	0.36	0.84	-0.11
Common Stock Shares Outstanding	0.27	0.5	-0.2	0.75	-0.13	0.48	0.47	0.52	-0.6	0.6	0.53	0.02	-0.09	0.37		-0.21	0.3	0.48	0.09	0.51	0.72	0.07	0.37	-0.15	0.45	-0.48
Long Term Debt Total	-0.22	-0.09	0.24	-0.1	-0.16	-0.44	-0.78	-0.12	0.3	-0.39	0.22	-0.22	-0.04	0.02	-0.21		-0.3	-0.35	-0.22	-0.35	-0.13	-0.17	-0.17	-0.08	-0.06	-0.09
Non Current Liabilities Total	0.3	0.91	0.11	0.61	-0.22	0.82	0.59	0.91	-0.92	0.9	0.02	0.95	-0.11	0.67	0.3	-0.3		0.83	0.58	0.87	0.69	-0.01	0.34	-0.13	0.79	-0.49
Capital Surpluse	0.76	0.8	0.46	0.88	0.27	1.0	0.75	0.69	-0.92	0.95	0.5	0.72	0.38	0.76	0.48	-0.35	0.83		0.84	0.99	0.9	0.5	0.79	0.34	0.96	-0.11
Inventory	0.85	0.52	0.74	0.69	0.59	0.83	0.67	0.32	-0.62	0.67	0.52	0.57	0.69	0.73	0.09	-0.22	0.58	0.84		0.79	0.72	0.74	0.84	0.67	0.83	0.31
Other Stockholder Equity	0.69	0.84	0.38	0.87	0.17	0.99	0.74	0.77	-0.96	0.98	0.44	0.76	0.28	0.75	0.51	-0.35	0.87	0.99	0.79		0.91	0.41	0.73	0.23	0.95	-0.21
Total Liab	0.68	0.8	0.36	0.99	0.17	0.88	0.66	0.69	-0.89	0.89	0.68	0.51	0.3	0.81	0.72	-0.13	0.69	0.9	0.72	0.91		0.43	0.75	0.24	0.92	-0.25
Net Invested Capital	0.94	0.01	0.84	0.5	0.96	0.5	0.41	-0.26	-0.14	0.24	0.75	-0.06	0.98	0.42	0.07	-0.17	-0.01	0.5	0.74	0.41	0.43		0.9	0.97	0.49	0.76
Total Current Assets	0.99	0.4	0.79	0.81	0.75	0.78	0.55	0.16	-0.52	0.6	0.84	0.23	0.83	0.67	0.37	-0.17	0.34	0.79	0.84	0.73	0.75	0.9		0.79	0.79	0.41
Capital Stock	0.85	-0.11	0.87	0.3	0.98	0.33	0.26	-0.42	0.05	0.04	0.64	-0.13	0.99	0.36	-0.15	-0.08	-0.13	0.34	0.67	0.23	0.24	0.97	0.79		0.34	0.87
Cash And Equivalents	0.74	0.83	0.57	0.91	0.25	0.92	0.56	0.7	-0.88	0.89	0.61	0.69	0.4	0.84	0.45	-0.06	0.79	0.96	0.83	0.95	0.92	0.49	0.79	0.34		-0.14
Net Working Capital	0.51	-0.56	0.64	-0.19	0.91	-0.09	-0.01	-0.77	0.49	-0.38	0.29	-0.4	0.84	-0.11	-0.48	-0.09	-0.49	-0.11	0.31	-0.21	-0.25	0.76	0.41	0.87	-0.14

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Agrify Corp Account Relationship Matchups

Agrify Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2M	21.8M	182.0M	69.7M	45.3M	59.4M
Other Current Liab	3.2M	13.5M	23.3M	127K	5.3M	8.7M
Total Current Liabilities	4.0M	27.0M	43.6M	70.6M	41.2M	34.9M
Total Stockholder Equity	(805K)	(6.7M)	137.1M	(9.3M)	(14.9M)	(14.2M)
Current Deferred Revenue	2.8M	152K	3.8M	4.0M	4.6M	2.8M
Net Debt	(206K)	5.4M	(9.4M)	18.8M	22.8M	24.0M
Retained Earnings	(4.9M)	(26.5M)	(59.0M)	(247.1M)	(265.8M)	(252.5M)
Accounts Payable	870K	693K	9.2M	20.5M	20.8M	21.8M
Cash	206K	8.1M	12.0M	10.5M	430K	408.5K
Non Current Assets Total	174K	3.2M	95.3M	24.8M	21.3M	26.5M
Long Term Debt	0.0	829K	12K	407K	16.0M	16.8M
Cash And Short Term Investments	206K	8.1M	56.6M	434K	499.1K	474.1K
Liabilities And Stockholders Equity	3.2M	21.8M	182.0M	45.3M	52.1M	56.0M
Non Current Liabilities Total	3.7M	1.3M	1.0M	8.1M	18.7M	19.7M
Inventory	2.5M	5.2M	20.5M	5.9M	18.2M	10.0M
Other Stockholder Equity	4.0M	19.8M	196.0M	250.9M	288.5M	302.9M
Total Liab	4.0M	28.3M	44.6M	78.7M	60.0M	40.3M
Net Invested Capital	(805K)	6.6M	138.2M	20.0M	6.3M	6.0M
Total Current Assets	3.1M	18.6M	86.7M	44.9M	24.0M	32.9M
Net Working Capital	(979K)	(8.4M)	43.1M	(25.7M)	(17.2M)	(16.4M)

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Agrify Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Agrify Corp fundamental ratios Correlations

Agrify Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Agrify Corp fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Capital Surpluse	+ 1.0	Net Tangible Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Other Stockholder Equity	+ 0.99	Net Tangible Assets
Capital Stock	+ 0.99	Cash And Short Term Investments
Other Stockholder Equity	+ 0.99	Capital Surpluse

Accounts Payable	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.96	Retained Earnings
Capital Surpluse	- 0.92	Retained Earnings
Non Current Liabilities Total	- 0.92	Retained Earnings
Retained Earnings	- 0.91	Net Debt
Retained Earnings	- 0.91	Net Tangible Assets