AGM Pocfratio vs Payables Turnover Analysis

AGMH Stock  USD 1.75  0.03  1.69%   
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 Pocfratio and its Payables Turnover 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.

Pocfratio vs Payables Turnover

Pocfratio vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AGM Group Holdings Pocfratio account and Payables Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between AGM Group's Pocfratio and Payables Turnover is 0.23. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Payables Turnover 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 Pocfratio and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of AGM Group Holdings are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Pocfratio i.e., AGM Group's Pocfratio and Payables Turnover go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Pocfratio

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
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 Income30.3K27.5K
Reconciled Depreciation473.7K257.1K

AGM Group fundamental ratios Correlations

0.51.00.920.970.560.390.490.680.360.931.00.861.00.520.730.910.950.230.930.84-0.88
0.50.470.590.57-0.030.390.430.290.180.650.470.520.490.850.170.410.380.030.360.34-0.57
1.00.470.890.970.580.350.450.670.320.921.00.880.990.480.770.910.950.280.920.81-0.87
0.920.590.890.880.470.570.590.690.50.880.890.680.930.620.450.910.86-0.020.910.88-0.78
0.970.570.970.880.410.410.540.520.40.970.970.860.970.570.710.820.960.210.850.77-0.93
0.56-0.030.580.470.410.070.070.72-0.190.270.580.550.560.160.590.650.470.310.620.43-0.19
0.390.390.350.570.410.070.970.060.830.370.35-0.010.430.52-0.260.320.54-0.780.340.65-0.22
0.490.430.450.590.540.070.970.010.820.490.450.140.510.58-0.110.320.65-0.660.360.65-0.36
0.680.290.670.690.520.720.060.01-0.070.490.670.580.680.230.540.860.450.320.760.65-0.42
0.360.180.320.50.4-0.190.830.82-0.070.40.32-0.060.390.2-0.20.270.54-0.690.370.68-0.33
0.930.650.920.880.970.270.370.490.490.40.920.840.920.610.630.780.890.230.810.72-0.97
1.00.471.00.890.970.580.350.450.670.320.920.880.990.480.770.910.950.280.930.81-0.87
0.860.520.880.680.860.55-0.010.140.58-0.060.840.880.840.520.890.730.750.630.740.48-0.85
1.00.490.990.930.970.560.430.510.680.390.920.990.840.510.710.920.950.190.930.86-0.86
0.520.850.480.620.570.160.520.580.230.20.610.480.520.510.080.350.47-0.070.320.31-0.54
0.730.170.770.450.710.59-0.26-0.110.54-0.20.630.770.890.710.080.660.620.760.690.38-0.66
0.910.410.910.910.820.650.320.320.860.270.780.910.730.920.350.660.790.20.970.86-0.69
0.950.380.950.860.960.470.540.650.450.540.890.950.750.950.470.620.790.050.850.83-0.84
0.230.030.28-0.020.210.31-0.78-0.660.32-0.690.230.280.630.19-0.070.760.20.050.2-0.21-0.35
0.930.360.920.910.850.620.340.360.760.370.810.930.740.930.320.690.970.850.20.86-0.73
0.840.340.810.880.770.430.650.650.650.680.720.810.480.860.310.380.860.83-0.210.86-0.62
-0.88-0.57-0.87-0.78-0.93-0.19-0.22-0.36-0.42-0.33-0.97-0.87-0.85-0.86-0.54-0.66-0.69-0.84-0.35-0.73-0.62
Click cells to compare fundamentals

AGM Group Account Relationship Matchups

AGM Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.5M6.1M89.3M125.2M97.5M102.4M
Other Current Liab2.0M1.8M1.7M2.0M2.3M1.8M
Total Current Liabilities2.7M2.4M64.1M94.5M78.0M81.9M
Total Stockholder Equity11.9M3.7M25.0M30.4M19.4M13.2M
Net Tangible Assets5.7M4.7M3.7M25.0M28.8M30.2M
Retained Earnings(3.9M)(4.9M)(1.5M)9.7M2.3M2.4M
Accounts Payable3.3K5.0K14.1M64.5M21.8M12.3M
Cash2.1M664.6K18.4M4.1M1.6M1.5M
Non Current Assets Total7.2M29.4K701.6K8.4M10.4M10.9M
Non Currrent Assets Other7.2M(29.4K)(572.58)(3.1K)(3.6K)(3.4K)
Cash And Short Term Investments2.1M664.6K18.4M2.8M3.2M6.1M
Common Stock Shares Outstanding21.3M21.8M21.5M24.3M27.9M21.6M
Liabilities And Stockholders Equity14.5M6.1M89.3M97.5M112.2M117.8M
Non Current Liabilities Total70.8K(1.0)147.8K266.2K133.1K75.5K
Inventory(680.5K)1.022.4M3.9M76.8M80.6M
Other Current Assets5.8M54.5K43.4M224.2K1.2M1.2M
Other Stockholder Equity15.3M8.4M26.0M26.5M30.5M32.0M
Total Liab2.7M2.4M64.3M94.8M78.1M82.0M
Property Plant And Equipment Gross75.4K19.3K564.0K1.6M1.3M1.4M
Short Long Term Debt1.3M0.01.6M8.1M9.4M9.9M
Total Current Assets7.3M6.1M88.6M116.8M87.1M91.5M
Accumulated Other Comprehensive Income398.5K243.7K476.8K(9.4M)(8.5M)(8.0M)
Short Term Debt609.2K714.4K1.6M9.5M10.9M11.5M
Intangible Assets11.6K10.1K8.6K55.5K44.0K41.8K
Common Stock33.2K28.9K28.5K26.4K30.3K28.5K
Property Plant Equipment97.9K75.4K19.3K564.0K648.5K681.0K
Property Plant And Equipment Net75.4K19.3K564.0K1.2M649.9K380.1K
Net Debt(1.5M)49.8K(16.8M)4.0M8.0M8.4M
Net Invested Capital11.9M3.7M26.6M38.5M28.9M19.6M
Net Working Capital4.6M3.7M24.5M22.3M9.1M11.7M

Currently Active Assets on Macroaxis

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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.