AgriFORCE Inventory vs Capital Stock Analysis
AGRI Stock | USD 0.04 0 3.20% |
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 Inventory and its Capital Stock 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.
Inventory vs Capital Stock
Inventory vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AgriFORCE Growing Systems Inventory account and Capital Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between AgriFORCE Growing's Inventory and Capital Stock is 0.23. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Capital Stock 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 Inventory and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of AgriFORCE Growing Systems are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Inventory i.e., AgriFORCE Growing's Inventory and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.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 Depreciation | 11.8K | 22.4K | 519.4K | 545.4K | Total Operating Expenses | 6.9M | 13.7M | 11.2M | 7.9M |
AgriFORCE Growing fundamental ratios Correlations
Click cells to compare fundamentals
AgriFORCE Growing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AgriFORCE Growing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4M | 3.4M | 11.8M | 21.8M | 17.4M | 10.8M | |
Other Current Liab | 451.8K | 939.4K | 1.7M | 649.6K | 1.4M | 960.2K | |
Total Current Liabilities | 1.4M | 1.9M | 2.3M | 5.4M | 6.0M | 3.2M | |
Total Stockholder Equity | 3.0M | 1.4M | 8.0M | 10.5M | 8.6M | 5.8M | |
Net Tangible Assets | (3.7M) | (5.3M) | 6.5M | (2.5M) | (2.9M) | (2.8M) | |
Property Plant And Equipment Net | 2.1M | 2.1M | 2.1M | 5.8M | 125.4K | 119.1K | |
Net Debt | (2.2M) | (622.0K) | (7.7M) | 3.2M | 251.4K | 264.0K | |
Retained Earnings | (8.4M) | (12.5M) | (19.9M) | (32.8M) | (44.5M) | (42.3M) | |
Accounts Payable | 923.8K | 991.6K | 551.3K | 498.2K | 578.1K | 682.8K | |
Cash | 2.2M | 653.4K | 7.8M | 2.3M | 3.9M | 3.1M | |
Non Current Assets Total | 2.1M | 2.5M | 3.6M | 18.9M | 13.1M | 7.4M | |
Cash And Short Term Investments | 2.2M | 653.4K | 7.8M | 2.3M | 3.9M | 3.1M | |
Net Receivables | 47.7K | 9.0K | 32.3K | 48.9K | 30.9K | 27.4K | |
Liabilities And Stockholders Equity | 4.4M | 3.4M | 11.8M | 21.8M | 17.4M | 10.8M | |
Non Current Liabilities Total | 923.8K | 31.4K | 1.5M | 5.9M | 2.8M | 2.1M | |
Inventory | 9.4K | 170K | 246.4K | 548.8K | 38.9K | 36.9K | |
Other Current Assets | 88.4K | 43.0K | 309.0K | 598.3K | 272.9K | 244.6K | |
Other Stockholder Equity | 738.8K | 1.3M | 2.3M | 16.8M | 3.5M | 4.6M | |
Total Liab | 1.4M | 2.0M | 3.8M | 11.3M | 8.8M | 5.0M | |
Net Invested Capital | (3.7M) | (5.3M) | 8.0M | 14.5M | 12.7M | 13.3M | |
Property Plant And Equipment Gross | 2.1M | 2.1M | 2.1M | 5.9M | 154.7K | 146.9K | |
Total Current Assets | 2.3M | 875.4K | 8.1M | 2.9M | 4.2M | 3.4M | |
Accumulated Other Comprehensive Income | 164.9K | 119.1K | (33.1K) | (642.7K) | (229.5K) | (218.0K) | |
Capital Stock | 10.4M | 12.4M | 25.6M | 27.1M | 49.8M | 52.3M | |
Net Working Capital | 928.8K | (1.1M) | 5.8M | (2.4M) | (1.8M) | (1.7M) | |
Common Stock | 3.7M | 5.7M | 25.6M | 27.1M | 49.8M | 52.3M | |
Property Plant Equipment | 2.1M | 2.1M | 2.1M | 3.8M | 4.3M | 2.2M |
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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.