AgriFORCE Depreciation And Amortization vs Income Before Tax Analysis

AGRI Stock  USD 0.04  0  3.51%   
AgriFORCE Growing financial indicator trend analysis is way more than just evaluating AgriFORCE Growing Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AgriFORCE Growing Systems is a good investment. Please check the relationship between AgriFORCE Growing Depreciation And Amortization and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Depreciation And Amortization vs Income Before Tax

Depreciation And Amortization vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AgriFORCE Growing Systems Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between AgriFORCE Growing's Depreciation And Amortization and Income Before Tax is -0.71. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of AgriFORCE Growing Systems, assuming nothing else is changed. The correlation between historical values of AgriFORCE Growing's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of AgriFORCE Growing Systems are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., AgriFORCE Growing's Depreciation And Amortization and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on AgriFORCE Growing income statement and is an important metric when analyzing AgriFORCE Growing Systems profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from AgriFORCE Growing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AgriFORCE Growing Systems 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 AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
The current Selling General Administrative is estimated to decrease to about 6.4 M. The current Issuance Of Capital Stock is estimated to decrease to about 1.3 M
 2021 2022 2023 2024 (projected)
Reconciled Depreciation11.8K22.4K519.4K545.4K
Total Operating Expenses6.9M13.7M11.2M7.9M

AgriFORCE Growing fundamental ratios Correlations

0.750.960.99-0.150.690.05-0.90.50.710.960.710.080.860.570.940.670.960.840.980.880.690.740.83-0.160.83
0.750.740.810.070.39-0.51-0.770.680.920.570.92-0.390.910.570.490.340.640.340.650.60.40.920.80.290.76
0.960.740.93-0.330.570.14-0.940.550.620.950.62-0.050.890.480.870.530.860.750.970.820.580.650.87-0.310.86
0.990.810.93-0.050.68-0.11-0.880.530.810.910.810.080.870.610.90.650.950.780.940.860.680.840.84-0.010.83
-0.150.07-0.33-0.05-0.19-0.640.29-0.520.35-0.320.350.22-0.24-0.14-0.20.04-0.04-0.23-0.260.05-0.190.33-0.230.81-0.15
0.690.390.570.68-0.190.06-0.380.50.390.70.390.210.610.90.770.910.790.840.680.371.00.420.27-0.050.22
0.05-0.510.14-0.11-0.640.06-0.08-0.23-0.660.31-0.660.18-0.19-0.30.280.120.060.380.220.110.06-0.62-0.03-0.95-0.01
-0.9-0.77-0.94-0.880.29-0.38-0.08-0.55-0.66-0.86-0.660.16-0.82-0.32-0.77-0.36-0.79-0.64-0.89-0.88-0.39-0.68-0.980.29-0.98
0.50.680.550.53-0.520.5-0.23-0.550.50.420.5-0.390.760.730.330.210.390.270.440.160.50.510.56-0.020.45
0.710.920.620.810.350.39-0.66-0.660.50.491.0-0.080.750.550.490.350.660.320.570.630.391.00.70.530.69
0.960.570.950.91-0.320.70.31-0.860.420.490.490.130.780.490.970.690.930.90.990.840.70.530.76-0.40.76
0.710.920.620.810.350.39-0.66-0.660.51.00.49-0.080.750.550.490.350.660.320.570.630.391.00.70.530.69
0.08-0.39-0.050.080.220.210.180.16-0.39-0.080.13-0.08-0.33-0.010.310.170.210.280.080.140.21-0.07-0.220.04-0.17
0.860.910.890.87-0.240.61-0.19-0.820.760.750.780.75-0.330.690.680.530.760.570.830.610.620.770.79-0.020.74
0.570.570.480.61-0.140.9-0.3-0.320.730.550.490.55-0.010.690.530.710.620.560.50.180.90.570.260.230.18
0.940.490.870.9-0.20.770.28-0.770.330.490.970.490.310.680.530.770.970.960.960.840.770.530.67-0.310.68
0.670.340.530.650.040.910.12-0.360.210.350.690.350.170.530.710.770.810.880.680.490.910.390.23-0.040.23
0.960.640.860.95-0.040.790.06-0.790.390.660.930.660.210.760.620.970.810.920.940.860.790.70.71-0.10.71
0.840.340.750.78-0.230.840.38-0.640.270.320.90.320.280.570.560.960.880.920.870.730.840.370.51-0.370.52
0.980.650.970.94-0.260.680.22-0.890.440.570.990.570.080.830.50.960.680.940.870.870.680.610.81-0.320.8
0.880.60.820.860.050.370.11-0.880.160.630.840.630.140.610.180.840.490.860.730.870.380.650.85-0.190.9
0.690.40.580.68-0.191.00.06-0.390.50.390.70.390.210.620.90.770.910.790.840.680.380.430.27-0.050.23
0.740.920.650.840.330.42-0.62-0.680.511.00.531.0-0.070.770.570.530.390.70.370.610.650.430.720.490.71
0.830.80.870.84-0.230.27-0.03-0.980.560.70.760.7-0.220.790.260.670.230.710.510.810.850.270.72-0.20.99
-0.160.29-0.31-0.010.81-0.05-0.950.29-0.020.53-0.40.530.04-0.020.23-0.31-0.04-0.1-0.37-0.32-0.19-0.050.49-0.2-0.2
0.830.760.860.83-0.150.22-0.01-0.980.450.690.760.69-0.170.740.180.680.230.710.520.80.90.230.710.99-0.2
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AgriFORCE Growing Account Relationship Matchups

AgriFORCE Growing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4M3.4M11.8M21.8M17.4M10.8M
Other Current Liab451.8K939.4K1.7M649.6K1.4M960.2K
Total Current Liabilities1.4M1.9M2.3M5.4M6.0M3.2M
Total Stockholder Equity3.0M1.4M8.0M10.5M8.6M5.8M
Net Tangible Assets(3.7M)(5.3M)6.5M(2.5M)(2.9M)(2.8M)
Property Plant And Equipment Net2.1M2.1M2.1M5.8M125.4K119.1K
Net Debt(2.2M)(622.0K)(7.7M)3.2M251.4K264.0K
Retained Earnings(8.4M)(12.5M)(19.9M)(32.8M)(44.5M)(42.3M)
Accounts Payable923.8K991.6K551.3K498.2K578.1K682.8K
Cash2.2M653.4K7.8M2.3M3.9M3.1M
Non Current Assets Total2.1M2.5M3.6M18.9M13.1M7.4M
Cash And Short Term Investments2.2M653.4K7.8M2.3M3.9M3.1M
Net Receivables47.7K9.0K32.3K48.9K30.9K27.4K
Liabilities And Stockholders Equity4.4M3.4M11.8M21.8M17.4M10.8M
Non Current Liabilities Total923.8K31.4K1.5M5.9M2.8M2.1M
Inventory9.4K170K246.4K548.8K38.9K36.9K
Other Current Assets88.4K43.0K309.0K598.3K272.9K244.6K
Other Stockholder Equity738.8K1.3M2.3M16.8M3.5M4.6M
Total Liab1.4M2.0M3.8M11.3M8.8M5.0M
Net Invested Capital(3.7M)(5.3M)8.0M14.5M12.7M13.3M
Property Plant And Equipment Gross2.1M2.1M2.1M5.9M154.7K146.9K
Total Current Assets2.3M875.4K8.1M2.9M4.2M3.4M
Accumulated Other Comprehensive Income164.9K119.1K(33.1K)(642.7K)(229.5K)(218.0K)
Capital Stock10.4M12.4M25.6M27.1M49.8M52.3M
Net Working Capital928.8K(1.1M)5.8M(2.4M)(1.8M)(1.7M)
Common Stock3.7M5.7M25.6M27.1M49.8M52.3M
Property Plant Equipment2.1M2.1M2.1M3.8M4.3M2.2M

Currently Active Assets on Macroaxis

When determining whether AgriFORCE Growing Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AgriFORCE Growing'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 Agriforce Growing Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agriforce Growing Systems Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Packaged Foods & Meats 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 AgriFORCE Growing. If investors know AgriFORCE 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 AgriFORCE Growing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.78)
Revenue Per Share
0.005
Return On Assets
(0.21)
Return On Equity
(1.62)
The market value of AgriFORCE Growing Systems is measured differently than its book value, which is the value of AgriFORCE that is recorded on the company's balance sheet. Investors also form their own opinion of AgriFORCE Growing's value that differs from its market value or its book value, called intrinsic value, which is AgriFORCE Growing'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 AgriFORCE Growing's market value can be influenced by many factors that don't directly affect AgriFORCE Growing'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 AgriFORCE Growing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AgriFORCE Growing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AgriFORCE Growing'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.