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 Net Debt and its Total Assets 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.
Net Debt vs Total Assets
Net Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AGI Greenpac Limited Net Debt account and
Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between AGI Greenpac's Net Debt and Total Assets is 0.71. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets 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 Net Debt and Total Assets 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 Debt of AGI Greenpac Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., AGI Greenpac's Net Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Total Assets
Total assets refers to the total amount of AGI Greenpac assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AGI Greenpac Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
AGI Greenpac fundamental ratios Correlations
Click cells to compare fundamentals
AGI Greenpac Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AGI Greenpac fundamental ratios Accounts
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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.