AIM Stock | | | 0.82 0.02 2.50% |
AiMedia Technologies financial indicator trend analysis is way more than just evaluating AiMedia Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AiMedia Technologies is a good investment. Please check the relationship between AiMedia Technologies Other Current Assets and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AiMedia 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 board of governors.
Other Current Assets vs Non Current Assets Total
Other Current Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AiMedia Technologies Other Current Assets account and
Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AiMedia Technologies' Other Current Assets and Non Current Assets Total is 0.41. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of AiMedia Technologies, assuming nothing else is changed. The correlation between historical values of AiMedia Technologies' Other Current Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of AiMedia Technologies are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., AiMedia Technologies' Other Current Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from AiMedia Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AiMedia 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 AiMedia 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 board of governors.
At this time, AiMedia Technologies'
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 45.2
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 56.2
M in 2024.
AiMedia Technologies fundamental ratios Correlations
Click cells to compare fundamentals
AiMedia Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AiMedia Technologies fundamental ratios Accounts
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measure AiMedia 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 AiMedia Technologies is operating at the current time. Most of AiMedia Technologies' value examination focuses on studying past and present price action to
predict the probability of AiMedia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AiMedia Technologies' price. Additionally, you may evaluate how the addition of AiMedia Technologies to your portfolios can decrease your overall portfolio volatility.