ANGLE Non Current Assets Total vs Cash Analysis

AGL Stock   10.00  0.25  2.44%   
ANGLE Plc financial indicator trend analysis is way more than just evaluating ANGLE plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANGLE plc is a good investment. Please check the relationship between ANGLE Plc Non Current Assets Total and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANGLE plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANGLE plc Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between ANGLE Plc's Non Current Assets Total and Cash is 0.75. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of ANGLE plc, assuming nothing else is changed. The correlation between historical values of ANGLE Plc's Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of ANGLE plc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., ANGLE Plc's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of ANGLE plc, which is listed under current asset account on ANGLE plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ANGLE Plc customers. The amounts must be unrestricted with restricted cash listed in a different ANGLE Plc account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from ANGLE Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANGLE plc 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 ANGLE plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 420.1 K, whereas Discontinued Operations is forecasted to decline to about 26.5 K.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.5M2.8M2.3M1.6M
Interest Income29K136K463K486.2K

ANGLE Plc fundamental ratios Correlations

0.590.820.961.00.72-0.84-0.750.480.850.780.180.920.830.810.620.940.820.810.540.990.790.55-0.670.030.74
0.590.630.640.540.94-0.65-0.910.270.750.8-0.140.550.780.870.850.460.880.910.930.550.860.74-0.710.090.68
0.820.630.740.810.71-0.7-0.70.00.730.58-0.120.770.710.710.380.740.750.730.580.830.710.55-0.65-0.430.73
0.960.640.740.940.72-0.85-0.780.660.860.810.320.880.820.830.70.920.820.830.570.930.80.63-0.680.210.76
1.00.540.810.940.67-0.83-0.720.470.830.750.220.910.810.790.570.940.790.770.490.990.760.55-0.660.010.71
0.720.940.710.720.67-0.69-0.960.270.80.88-0.20.640.870.940.890.60.950.980.960.680.930.59-0.670.010.67
-0.84-0.65-0.7-0.85-0.83-0.690.68-0.42-0.99-0.67-0.2-0.91-0.63-0.72-0.63-0.79-0.74-0.78-0.54-0.85-0.68-0.520.71-0.1-0.68
-0.75-0.91-0.7-0.78-0.72-0.960.68-0.38-0.78-0.920.03-0.67-0.95-0.99-0.88-0.65-0.99-0.98-0.94-0.71-0.99-0.690.74-0.1-0.72
0.480.270.00.660.470.27-0.42-0.380.390.570.680.380.440.430.580.540.380.40.190.420.40.4-0.280.780.3
0.850.750.730.860.830.8-0.99-0.780.390.750.10.90.720.810.720.780.830.860.670.850.780.56-0.740.070.71
0.780.80.580.810.750.88-0.67-0.920.570.750.180.630.910.930.890.730.920.920.820.710.920.58-0.720.220.69
0.18-0.14-0.120.320.22-0.2-0.20.030.680.10.180.190.070.01-0.010.31-0.02-0.06-0.240.150.020.3-0.10.510.05
0.920.550.770.880.910.64-0.91-0.670.380.90.630.190.680.710.540.790.740.740.490.930.70.5-0.630.020.71
0.830.780.710.820.810.87-0.63-0.950.440.720.910.070.680.980.80.770.970.920.820.80.980.7-0.670.090.64
0.810.870.710.830.790.94-0.72-0.990.430.810.930.010.710.980.880.731.00.980.90.781.00.69-0.720.110.69
0.620.850.380.70.570.89-0.63-0.880.580.720.89-0.010.540.80.880.520.860.90.880.560.860.52-0.590.440.58
0.940.460.740.920.940.6-0.79-0.650.540.780.730.310.790.770.730.520.720.710.420.930.70.52-0.580.050.59
0.820.880.750.820.790.95-0.74-0.990.380.830.92-0.020.740.971.00.860.720.980.910.790.990.68-0.740.070.71
0.810.910.730.830.770.98-0.78-0.980.40.860.92-0.060.740.920.980.90.710.980.920.780.970.64-0.720.090.71
0.540.930.580.570.490.96-0.54-0.940.190.670.82-0.240.490.820.90.880.420.910.920.50.910.57-0.60.050.58
0.990.550.830.930.990.68-0.85-0.710.420.850.710.150.930.80.780.560.930.790.780.50.760.55-0.64-0.030.7
0.790.860.710.80.760.93-0.68-0.990.40.780.920.020.70.981.00.860.70.990.970.910.760.7-0.70.10.67
0.550.740.550.630.550.59-0.52-0.690.40.560.580.30.50.70.690.520.520.680.640.570.550.7-0.590.170.53
-0.67-0.71-0.65-0.68-0.66-0.670.710.74-0.28-0.74-0.72-0.1-0.63-0.67-0.72-0.59-0.58-0.74-0.72-0.6-0.64-0.7-0.590.01-0.9
0.030.09-0.430.210.010.01-0.1-0.10.780.070.220.510.020.090.110.440.050.070.090.05-0.030.10.170.01-0.01
0.740.680.730.760.710.67-0.68-0.720.30.710.690.050.710.640.690.580.590.710.710.580.70.670.53-0.9-0.01
Click cells to compare fundamentals

ANGLE Plc Account Relationship Matchups

ANGLE Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.6M39.0M47.3M49.9M31.2M16.9M
Other Current Liab1.5M1.9M2.3M2.4M1.9M1.1M
Total Current Liabilities2.8M3.8M4.9M5.3M3.9M2.1M
Total Stockholder Equity26.6M34.3M40.3M40.1M22.9M14.3M
Property Plant And Equipment Net3.0M2.4M4.4M8.5M7.2M7.6M
Net Debt(2.2M)(10.7M)(29.5M)(26.9M)(11.7M)(11.1M)
Retained Earnings(57.6M)(69.1M)(83.8M)(103.7M)(122.3M)(116.2M)
Accounts Payable914K1.1M1.1M1.5M1.1M705.9K
Cash3.8M12.1M31.8M31.9M16.2M17.0M
Non Current Assets Total7.0M6.1M7.9M11.2M10.0M10.5M
Non Currrent Assets Other8.2M207.0K3.6M(1.0)(1.15)(1.09)
Cash And Short Term Investments3.8M28.6M31.8M31.9M16.2M9.4M
Common Stock Shares Outstanding163.9M178.0M225.1M246.6M260.5M273.5M
Liabilities And Stockholders Equity30.6M39.0M47.3M49.9M31.2M16.9M
Non Current Liabilities Total1.2M928K2.1M4.6M4.3M4.5M
Other Current Assets3.9M3.3M5.5M4.3M2.6M1.7M
Other Stockholder Equity67.3M81.5M99.4M115.8M115.9M121.7M
Total Liab4.0M4.7M7.0M9.8M8.2M8.7M
Total Current Assets23.6M32.9M39.4M38.6M21.2M12.4M
Common Stock17.3M21.5M23.5M26.1M30.0M31.5M
Accumulated Other Comprehensive Income(276K)513.0K1.3M1.9M3.3M3.5M
Net Receivables139K272K257K344K727K553.6K
Intangible Assets1.6M1.5M1.4M557K534K507.3K
Inventory788K742K1.7M2.1M1.7M912.6K
Net Tangible Assets22.8M30.8M36.8M37.3M42.9M45.1M
Other Assets3.0M1.0121K43K34K0.95
Deferred Long Term Liab207K121K43K34K30.6K29.1K
Property Plant Equipment3.0M2.4M4.4M8.5M9.7M10.2M
Capital Surpluse43.4M53.3M67.3M81.5M93.8M61.3M

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Other Information on Investing in ANGLE Stock

Balance Sheet is a snapshot of the financial position of ANGLE plc at a specified time, usually calculated after every quarter, six months, or one year. ANGLE Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ANGLE Plc 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 ANGLE currently owns. An asset can also be divided into two categories, current and non-current.