Angstrom Net Receivables vs Total Current Liabilities Analysis
| AGTT Stock | USD 0.16 0.01 6.67% |
Angstrom Technologies financial indicator trend analysis is way more than just evaluating Angstrom Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angstrom Technologies is a good investment. Please check the relationship between Angstrom Technologies Net Receivables and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Angstrom Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Angstrom Stock please use our How to Invest in Angstrom Technologies guide.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angstrom Technologies Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Angstrom Technologies' Net Receivables and Total Current Liabilities is 0.15. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Angstrom Technologies, assuming nothing else is changed. The correlation between historical values of Angstrom Technologies' Net Receivables and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Angstrom Technologies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Angstrom Technologies' Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on Angstrom Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Angstrom Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Angstrom Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angstrom Technologies 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 Angstrom Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Angstrom Stock please use our How to Invest in Angstrom Technologies guide.At this time, Angstrom Technologies' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 2.46 in 2024, despite the fact that Enterprise Value is likely to grow to (915.9 K).
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 948.2K | 712.9K | 641.6K | 681.5K | Total Revenue | 1.5M | 1.2M | 1.1M | 1.1M |
Angstrom Technologies fundamental ratios Correlations
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Angstrom Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Angstrom Stock Analysis
When running Angstrom Technologies' price analysis, check to measure Angstrom Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Angstrom Technologies is operating at the current time. Most of Angstrom Technologies' value examination focuses on studying past and present price action to predict the probability of Angstrom Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angstrom Technologies' price. Additionally, you may evaluate how the addition of Angstrom Technologies to your portfolios can decrease your overall portfolio volatility.