Angstrom Property Plant Equipment vs Cash 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 Property Plant Equipment and its Cash 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.
Property Plant Equipment vs Cash
Property Plant Equipment vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angstrom Technologies Property Plant Equipment account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Angstrom Technologies' Property Plant Equipment and Cash is -0.9. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash 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' Property Plant Equipment and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Angstrom Technologies are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant Equipment i.e., Angstrom Technologies' Property Plant Equipment and Cash go up and down completely randomly.
Correlation Coefficient | -0.9 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Property Plant Equipment
Cash
Cash refers to the most liquid asset of Angstrom Technologies, which is listed under current asset account on Angstrom Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Angstrom Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Angstrom Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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.