| 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 Operating Income and its Minority Interest 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.
Operating Income vs Minority Interest
Operating Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Agrify Corp Operating Income account and
Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agrify Corp's Operating Income and Minority Interest is 0.41. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest 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 Operating Income and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Agrify Corp are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Operating Income i.e., Agrify Corp's Operating Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.41 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
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.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Agrify Corp whose combined shares represent less than 50% of the total outstanding shares issued by Agrify Corp have a minority interest in Agrify Corp.
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.