Akso Short Long Term Debt Total vs Total Assets Analysis
AHG Stock | USD 0.86 0.02 2.27% |
Akso Health financial indicator trend analysis is way more than just evaluating Akso Health Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akso Health Group is a good investment. Please check the relationship between Akso Health Short Long Term Debt Total and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Short Long Term Debt Total vs Total Assets
Short Long Term Debt Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akso Health Group Short Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Akso Health's Short Long Term Debt Total and Total Assets is -0.21. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Akso Health Group, assuming nothing else is changed. The correlation between historical values of Akso Health's Short Long Term Debt Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Akso Health Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt Total i.e., Akso Health's Short Long Term Debt Total and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt Total
Total Assets
Total assets refers to the total amount of Akso Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Akso Health Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Akso Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akso Health Group 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 Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Akso Health's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Akso Health's current Enterprise Value Over EBITDA is estimated to increase to 6.95, while Sales General And Administrative To Revenue is projected to decrease to 2.06.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 916.2K | 1.3M | 122.1K | 116.0K | Total Revenue | 6.3M | 13.2M | 2.4M | 2.3M |
Akso Health fundamental ratios Correlations
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Akso Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Akso Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 16.3M | 16.3M | 19.9M | 22.9M | 47.2M | 49.5M | |
Total Assets | 78.4M | 31.7M | 50.7M | 20.5M | 142.0M | 86.9M | |
Other Current Liab | 9.3M | 4.1M | 38.4M | 1.8M | 3.1M | 2.9M | |
Total Current Liabilities | 10.2M | 14.4M | 38.4M | 11.6M | 3.6M | 3.4M | |
Total Stockholder Equity | 48.1M | 17.3M | 12.3M | 8.7M | 138.4M | 145.3M | |
Property Plant And Equipment Net | 1.3M | 1.6M | 66.9K | 55.4K | 49.9K | 47.4K | |
Net Debt | 9.9M | (5.1M) | (21.9M) | 1.8M | (85.2M) | (80.9M) | |
Retained Earnings | (1.4M) | (36.3M) | (53.1M) | (54.5M) | (63.9M) | (60.7M) | |
Cash | 10.9M | 15.1M | 21.9M | 7.9M | 85.2M | 43.8M | |
Non Current Assets Total | 28.5M | 1.6M | 55.4K | (272.1K) | 402.9K | 382.8K | |
Non Currrent Assets Other | 25.2M | (30.2M) | 177.0K | (20.7M) | (141.6M) | (134.5M) | |
Cash And Short Term Investments | 10.9M | 15.1M | 21.9M | 7.9M | 85.2M | 43.8M | |
Net Receivables | 37.8M | 10.4M | 20.0M | 7.7M | 56.3M | 59.1M | |
Liabilities And Stockholders Equity | 78.4M | 31.7M | 50.7M | 20.5M | 142.0M | 86.9M | |
Other Current Assets | 39.0B | 592.8K | 885.9K | 3.4M | 56.7M | 53.8M | |
Other Stockholder Equity | 58.5M | 56.6M | 56.6M | 67.0M | 206.3M | 216.7M | |
Total Liab | 30.3M | 14.4M | 38.4M | 11.6M | 3.6M | 3.4M | |
Total Current Assets | 49.9M | 30.1M | 50.6M | 20.7M | 142.0M | 72.4M | |
Accumulated Other Comprehensive Income | (7.0M) | (3.1M) | (1.6M) | (3.8M) | (4.1M) | (3.9M) | |
Common Stock | 5.0K | 5.0K | 5.0K | 7.0K | 43.8K | 46.0K | |
Net Tangible Assets | 48.1M | 17.3M | 12.3M | 8.7M | 7.9M | 7.5M | |
Non Current Liabilities Total | 20.1M | 4.4M | 0.0 | 11.6M | 3.2M | 3.0M | |
Net Invested Capital | 68.1M | 27.3M | 12.3M | 8.7M | 138.4M | 145.3M | |
Net Working Capital | 39.8M | 15.7M | 12.2M | 9.1M | 138.4M | 145.3M | |
Property Plant Equipment | 1.3M | 763.6K | 66.9K | 55.4K | 49.9K | 47.4K | |
Inventory | (39.0B) | (14.4M) | 7.8M | 1.7M | 191.2K | 200.8K |
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When determining whether Akso Health Group is a strong investment it is important to analyze Akso Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akso Health's future performance. For an informed investment choice regarding Akso Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Health Care Equipment & Supplies 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 Akso Health. If investors know Akso 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 Akso Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Revenue Per Share 0.051 | Quarterly Revenue Growth 0.148 | Return On Assets (0.07) | Return On Equity (0.12) |
The market value of Akso Health Group is measured differently than its book value, which is the value of Akso that is recorded on the company's balance sheet. Investors also form their own opinion of Akso Health's value that differs from its market value or its book value, called intrinsic value, which is Akso Health'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 Akso Health's market value can be influenced by many factors that don't directly affect Akso Health'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 Akso Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akso Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akso Health'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.