AGI Change To Operating Activities vs Depreciation Analysis

AGI Stock   1,224  26.95  2.15%   
AGI Greenpac financial indicator trend analysis is way more than just evaluating AGI Greenpac Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AGI Greenpac Limited is a good investment. Please check the relationship between AGI Greenpac Change To Operating Activities and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGI Greenpac Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Operating Activities vs Depreciation

Change To Operating Activities vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AGI Greenpac Limited Change To Operating Activities account and Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between AGI Greenpac's Change To Operating Activities and Depreciation is 0.32. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Depreciation in the same time period over historical financial statements of AGI Greenpac Limited, assuming nothing else is changed. The correlation between historical values of AGI Greenpac's Change To Operating Activities and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of AGI Greenpac Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Operating Activities i.e., AGI Greenpac's Change To Operating Activities and Depreciation go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Operating Activities

Depreciation

Depreciation indicates how much of AGI Greenpac Limited value has been used up. For tax purposes AGI Greenpac can deduct the cost of the tangible assets it purchases as business expenses. However, AGI Greenpac Limited 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.
Most indicators from AGI Greenpac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AGI Greenpac Limited 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 AGI Greenpac Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, AGI Greenpac's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense280.8M570.6M870.2M542.7M
Depreciation And Amortization999.8M1.3B1.6B1.1B

AGI Greenpac fundamental ratios Correlations

0.820.120.830.940.910.710.410.980.290.410.690.790.790.810.510.310.950.960.90.270.120.430.530.470.11
0.820.080.740.590.780.970.20.760.440.320.80.740.840.690.690.390.940.830.650.240.260.30.220.170.39
0.120.080.40.020.340.15-0.380.15-0.07-0.420.150.25-0.060.360.540.770.190.070.35-0.22-0.02-0.12-0.58-0.540.3
0.830.740.40.740.820.650.350.770.120.150.580.770.440.920.70.540.840.860.830.01-0.030.450.110.110.48
0.940.590.020.740.80.450.490.930.190.430.520.690.610.740.30.190.790.890.870.270.020.430.660.58-0.05
0.910.780.340.820.80.740.190.940.050.040.570.860.720.910.660.470.910.80.93-0.050.370.210.230.230.13
0.710.970.150.650.450.74-0.030.670.480.20.830.740.820.640.760.490.870.720.590.240.370.170.050.010.35
0.410.2-0.380.350.490.19-0.030.38-0.110.58-0.030.180.170.2-0.33-0.50.30.430.320.03-0.430.490.620.590.01
0.980.760.150.770.930.940.670.380.180.320.590.780.80.790.460.280.930.880.920.170.220.330.520.470.01
0.290.44-0.070.120.190.050.48-0.110.180.710.760.230.46-0.060.160.220.350.430.120.93-0.130.170.220.040.07
0.410.32-0.420.150.430.040.20.580.320.710.50.170.42-0.07-0.3-0.320.340.510.210.82-0.440.420.680.53-0.16
0.690.80.150.580.520.570.83-0.030.590.760.50.620.730.490.610.510.770.790.530.630.020.320.210.090.19
0.790.740.250.770.690.860.740.180.780.230.170.620.590.840.630.50.80.750.850.120.30.160.110.090.23
0.790.84-0.060.440.610.720.820.170.80.460.420.730.590.440.390.130.860.710.610.370.340.20.490.42-0.06
0.810.690.360.920.740.910.640.20.79-0.06-0.070.490.840.440.740.540.790.780.86-0.170.240.310.070.120.32
0.510.690.540.70.30.660.76-0.330.460.16-0.30.610.630.390.740.830.630.540.48-0.10.360.13-0.32-0.290.62
0.310.390.770.540.190.470.49-0.50.280.22-0.320.510.50.130.540.830.390.340.440.020.16-0.16-0.5-0.560.46
0.950.940.190.840.790.910.870.30.930.350.340.770.80.860.790.630.390.920.840.230.190.380.360.320.23
0.960.830.070.860.890.80.720.430.880.430.510.790.750.710.780.540.340.920.810.39-0.040.540.50.430.25
0.90.650.350.830.870.930.590.320.920.120.210.530.850.610.860.480.440.840.810.090.140.160.270.250.0
0.270.24-0.220.010.27-0.050.240.030.170.930.820.630.120.37-0.17-0.10.020.230.390.09-0.280.210.440.25-0.16
0.120.26-0.02-0.030.020.370.37-0.430.22-0.13-0.440.020.30.340.240.360.160.19-0.040.14-0.28-0.35-0.12-0.09-0.02
0.430.3-0.120.450.430.210.170.490.330.170.420.320.160.20.310.13-0.160.380.540.160.21-0.350.490.50.28
0.530.22-0.580.110.660.230.050.620.520.220.680.210.110.490.07-0.32-0.50.360.50.270.44-0.120.490.91-0.33
0.470.17-0.540.110.580.230.010.590.470.040.530.090.090.420.12-0.29-0.560.320.430.250.25-0.090.50.91-0.32
0.110.390.30.48-0.050.130.350.010.010.07-0.160.190.23-0.060.320.620.460.230.250.0-0.16-0.020.28-0.33-0.32
Click cells to compare fundamentals

AGI Greenpac Account Relationship Matchups

AGI Greenpac fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.7B28.6B32.8B31.2B33.6B25.9B
Short Long Term Debt Total10.0B9.0B11.6B7.3B6.2B7.8B
Other Current Liab1.6B2.1B2.1B644M573.2M544.5M
Total Current Liabilities6.2B6.6B7.5B6.9B7.8B7.1B
Total Stockholder Equity12.6B12.3B13.9B16.1B18.1B11.7B
Property Plant And Equipment Net18.2B18.4B14.2B15.2B15.4B14.6B
Net Debt9.7B8.9B11.2B5.0B3.8B7.0B
Cash249.4M37.4M397.7M2.3B2.3B2.4B
Non Current Assets Total19.7B19.7B19.0B20.6B21.5B16.5B
Non Currrent Assets Other1.2B1.1B10.6B266.5M876.1M1.5B
Cash And Short Term Investments347.4M164.3M6.6B3.1B4.1B4.3B
Net Receivables4.4B4.3B10.2B3.5B3.2B4.3B
Liabilities And Stockholders Equity28.7B28.6B32.8B31.2B33.6B25.9B
Non Current Liabilities Total9.9B9.6B11.4B8.2B7.7B7.2B
Inventory4.1B4.4B3.0B3.3B4.0B3.9B
Other Current Assets4.5B4.3B4.2B704.7M737.5M700.6M
Other Stockholder Equity12.7B6.9B13.8B2.9B1.00.95
Total Liab16.1B16.2B18.9B15.1B15.4B14.3B
Total Current Assets8.9B8.9B13.8B10.6B12.1B9.4B
Accumulated Other Comprehensive Income(4.9B)4.0B3.9B3.7B18.0B18.9B
Short Term Investments98.0M127.0M6.2B817.6M1.8B929.4M
Intangible Assets173.6M230.6M12.2M9.5M5.9M5.6M
Current Deferred Revenue(2.7B)1.4B1.6B1.9B2.0B1.3B
Retained Earnings4.7B5.3B7.0B9.3B10.7B5.4B
Accounts Payable2.0B2.3B2.2B2.6B4.0B2.4B
Short Term Debt2.7B2.2B3.0B1.7B1.2B1.1B
Other Assets635.7M236.6M18.4M228.7M205.8M339.4M
Long Term Debt7.3B6.8B8.6B5.6B5.0B6.7B
Long Term Debt Total7.3B6.8B8.6B5.6B6.5B6.9B
Property Plant Equipment18.4B18.6B14.2B15.2B13.6B13.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in AGI Stock

Balance Sheet is a snapshot of the financial position of AGI Greenpac Limited at a specified time, usually calculated after every quarter, six months, or one year. AGI Greenpac Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AGI Greenpac and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AGI currently owns. An asset can also be divided into two categories, current and non-current.