AGM Other Current Assets vs Current Deferred Revenue Analysis
AGMH Stock | USD 1.70 0.11 6.08% |
AGM Group financial indicator trend analysis is way more than just evaluating AGM Group Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AGM Group Holdings is a good investment. Please check the relationship between AGM Group Other Current Assets and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGM Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Other Current Assets vs Current Deferred Revenue
Other Current Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AGM Group Holdings Other Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AGM Group's Other Current Assets and Current Deferred Revenue is 0.51. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of AGM Group Holdings, assuming nothing else is changed. The correlation between historical values of AGM Group's Other Current Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of AGM Group Holdings are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Current Assets i.e., AGM Group's Other Current Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from AGM Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AGM Group Holdings 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 AGM Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of now, AGM Group's Discontinued Operations is decreasing as compared to previous years. The AGM Group's current Sales General And Administrative To Revenue is estimated to increase to 0.89, while Selling General Administrative is projected to decrease to under 7.1 M.
2023 | 2024 (projected) | Interest Income | 30.3K | 27.5K | Reconciled Depreciation | 473.7K | 257.1K |
AGM Group fundamental ratios Correlations
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AGM Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AGM Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.5M | 6.1M | 89.3M | 125.2M | 97.6M | 102.5M | |
Other Current Liab | 2.0M | 1.8M | 1.7M | 2.0M | 2.3M | 1.8M | |
Total Current Liabilities | 2.7M | 2.4M | 64.1M | 94.5M | 78.0M | 81.9M | |
Total Stockholder Equity | 11.9M | 3.7M | 25.0M | 30.4M | 19.4M | 13.2M | |
Net Tangible Assets | 5.7M | 4.7M | 3.7M | 25.0M | 28.8M | 30.2M | |
Retained Earnings | (3.9M) | (4.9M) | (1.5M) | 9.7M | 2.3M | 2.4M | |
Accounts Payable | 3.3K | 5.0K | 14.1M | 64.5M | 21.8M | 12.3M | |
Cash | 2.1M | 664.6K | 18.4M | 4.1M | 1.6M | 1.5M | |
Non Current Assets Total | 7.2M | 29.4K | 701.6K | 8.4M | 10.5M | 11.0M | |
Non Currrent Assets Other | 7.2M | (29.4K) | (572.58) | (1.2M) | (1.1M) | (1.1M) | |
Cash And Short Term Investments | 2.1M | 664.6K | 18.4M | 1.6M | 1.8M | 1.7M | |
Common Stock Shares Outstanding | 21.3M | 21.8M | 21.5M | 24.3M | 27.9M | 21.6M | |
Liabilities And Stockholders Equity | 14.5M | 6.1M | 89.3M | 97.6M | 112.3M | 117.9M | |
Non Current Liabilities Total | 70.8K | (1.0) | 147.8K | 266.2K | 133.1K | 75.5K | |
Inventory | (680.5K) | 1.0 | 22.4M | 3.9M | 76.8M | 80.6M | |
Other Current Assets | 5.8M | 54.5K | 43.4M | 224.2K | 74.6K | 70.9K | |
Other Stockholder Equity | 15.3M | 8.4M | 26.0M | 26.5M | 30.5M | 32.0M | |
Total Liab | 2.7M | 2.4M | 64.3M | 94.8M | 78.1M | 82.0M | |
Property Plant And Equipment Gross | 75.4K | 19.3K | 564.0K | 1.6M | 1.3M | 1.4M | |
Short Long Term Debt | 1.3M | 0.0 | 1.6M | 8.1M | 9.4M | 9.9M | |
Total Current Assets | 7.3M | 6.1M | 88.6M | 116.8M | 87.1M | 91.5M | |
Accumulated Other Comprehensive Income | 398.5K | 243.7K | 476.8K | (9.4M) | (8.5M) | (8.0M) | |
Short Term Debt | 609.2K | 714.4K | 1.6M | 9.5M | 10.9M | 11.5M | |
Intangible Assets | 11.6K | 10.1K | 8.6K | 55.5K | 44.0K | 41.8K | |
Common Stock | 33.2K | 28.9K | 28.5K | 26.4K | 30.3K | 28.5K | |
Property Plant Equipment | 97.9K | 75.4K | 19.3K | 564.0K | 648.5K | 681.0K | |
Property Plant And Equipment Net | 75.4K | 19.3K | 564.0K | 1.2M | 649.9K | 380.1K | |
Net Debt | (1.5M) | 49.8K | (16.8M) | 4.0M | 8.0M | 8.4M | |
Net Invested Capital | 11.9M | 3.7M | 26.6M | 38.5M | 28.9M | 19.6M | |
Net Working Capital | 4.6M | 3.7M | 24.5M | 22.3M | 9.1M | 11.7M |
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When determining whether AGM Group Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AGM Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agm Group Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agm Group Holdings Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGM Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Financial Exchanges & Data space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AGM Group. If investors know AGM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AGM Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Earnings Share (0.31) | Revenue Per Share 3.83 | Quarterly Revenue Growth (0.56) | Return On Assets (0.05) |
The market value of AGM Group Holdings is measured differently than its book value, which is the value of AGM that is recorded on the company's balance sheet. Investors also form their own opinion of AGM Group's value that differs from its market value or its book value, called intrinsic value, which is AGM Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AGM Group's market value can be influenced by many factors that don't directly affect AGM Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AGM Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGM Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGM Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.