Ainos Other Current Liab vs Property Plant And Equipment Net Analysis

AIMDW Stock  USD 0.03  0.03  52.73%   
Ainos financial indicator trend analysis is way more than just evaluating Ainos Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ainos Inc is a good investment. Please check the relationship between Ainos Other Current Liab and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Other Current Liab vs Property Plant And Equipment Net

Other Current Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ainos Inc Other Current Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ainos' Other Current Liab and Property Plant And Equipment Net is 0.51. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Ainos Inc, assuming nothing else is changed. The correlation between historical values of Ainos' Other Current Liab and Property Plant And Equipment Net 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 Liab of Ainos Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Liab i.e., Ainos' Other Current Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Ainos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ainos Inc 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Selling General Administrative is likely to drop to about 3.8 M in 2024. Tax Provision is likely to drop to 440.00 in 2024
 2021 2022 2023 2024 (projected)
Total Revenue594.6K3.5M122.1K116.0K
Interest Expense18.7K53.5K144.2K234.1K

Ainos fundamental ratios Correlations

0.660.550.50.890.990.39-0.46-0.160.761.00.540.760.030.440.730.620.851.00.550.920.120.590.210.150.0
0.660.310.250.550.580.91-0.35-0.060.50.660.570.5-0.050.760.510.420.540.660.80.820.010.13-0.250.21-0.25
0.550.310.980.130.510.20.09-0.090.310.560.20.31-0.1-0.160.00.970.320.57-0.070.590.77-0.1-0.170.64-0.13
0.50.250.980.080.470.170.010.040.240.520.120.24-0.14-0.220.030.970.250.52-0.130.520.85-0.11-0.150.67-0.01
0.890.550.130.080.910.27-0.51-0.220.740.890.510.740.110.540.810.20.850.880.620.75-0.270.80.4-0.140.0
0.990.580.510.470.910.31-0.44-0.170.730.990.540.730.020.360.720.570.840.990.470.860.10.70.350.160.0
0.390.910.20.170.270.31-0.250.080.090.40.360.09-0.080.640.310.310.140.40.680.610.1-0.08-0.370.3-0.28
-0.46-0.350.090.01-0.51-0.44-0.25-0.39-0.32-0.46-0.31-0.320.04-0.51-0.92-0.1-0.38-0.46-0.53-0.410.1-0.32-0.050.3-0.73
-0.16-0.06-0.090.04-0.22-0.170.08-0.39-0.32-0.15-0.22-0.32-0.29-0.030.160.01-0.29-0.15-0.07-0.170.35-0.12-0.020.050.5
0.760.50.310.240.740.730.09-0.32-0.320.740.591.00.030.490.570.350.980.730.50.7-0.170.460.18-0.11-0.02
1.00.660.560.520.890.990.4-0.46-0.150.740.530.740.030.440.720.630.831.00.550.920.140.590.20.170.0
0.540.570.20.120.510.540.36-0.31-0.220.590.530.59-0.070.560.460.280.590.530.450.63-0.270.320.09-0.210.11
0.760.50.310.240.740.730.09-0.32-0.321.00.740.590.030.490.570.350.980.730.50.7-0.170.460.18-0.11-0.02
0.03-0.05-0.1-0.140.110.02-0.080.04-0.290.030.03-0.070.030.030.03-0.120.030.040.120.01-0.250.030.02-0.26-0.01
0.440.76-0.16-0.220.540.360.64-0.51-0.030.490.440.560.490.030.61-0.020.490.430.930.64-0.480.08-0.33-0.440.06
0.730.510.00.030.810.720.31-0.920.160.570.720.460.570.030.610.160.650.720.660.63-0.20.580.21-0.280.49
0.620.420.970.970.20.570.31-0.10.010.350.630.280.35-0.12-0.020.160.360.630.080.670.76-0.07-0.20.590.0
0.850.540.320.250.850.840.14-0.38-0.290.980.830.590.980.030.490.650.360.830.530.76-0.160.590.27-0.07-0.03
1.00.660.570.520.880.990.4-0.46-0.150.731.00.530.730.040.430.720.630.830.550.920.150.580.20.170.0
0.550.8-0.07-0.130.620.470.68-0.53-0.070.50.550.450.50.120.930.660.080.530.550.7-0.370.18-0.28-0.31-0.01
0.920.820.590.520.750.860.61-0.41-0.170.70.920.630.70.010.640.630.670.760.920.70.120.29-0.140.12-0.05
0.120.010.770.85-0.270.10.10.10.35-0.170.14-0.27-0.17-0.25-0.48-0.20.76-0.160.15-0.370.12-0.29-0.20.79-0.01
0.590.13-0.1-0.110.80.7-0.08-0.32-0.120.460.590.320.460.030.080.58-0.070.590.580.180.29-0.290.84-0.060.01
0.21-0.25-0.17-0.150.40.35-0.37-0.05-0.020.180.20.090.180.02-0.330.21-0.20.270.2-0.28-0.14-0.20.840.050.03
0.150.210.640.67-0.140.160.30.30.05-0.110.17-0.21-0.11-0.26-0.44-0.280.59-0.070.17-0.310.120.79-0.060.05-0.46
0.0-0.25-0.13-0.010.00.0-0.28-0.730.5-0.020.00.11-0.02-0.010.060.490.0-0.030.0-0.01-0.05-0.010.010.03-0.46
Click cells to compare fundamentals

Ainos Account Relationship Matchups

Ainos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets596.6K260.3K40.8M37.1M31.8M33.4M
Short Long Term Debt Total444.6K953.0K3.6M1.3M6.0M6.3M
Other Current Liab100K145.6K27.0M1.2M1.2M1.7M
Total Current Liabilities753.3K1.1M30.6M2.5M1.3M1.3M
Total Stockholder Equity(156.7K)(838.3K)10.2M34.6M24.4M25.7M
Property Plant And Equipment Net5.1K3.2K1.2M1.4M876.6K920.4K
Net Debt35.5K930.8K1.9M(584.7K)4.1M4.3M
Retained Earnings(4.8M)(6.2M)(10.1M)(24.1M)(37.9M)(36.0M)
Accounts Payable159.3K115.3K208.7K145.6K131.0K246.3K
Cash409.0K22.2K1.8M1.9M1.9M2.0M
Non Current Assets Total151.3K183.9K38.6M34.3M29.4M30.8M
Cash And Short Term Investments409.0K22.2K1.8M1.9M1.9M2.0M
Common Stock Shares Outstanding532.0K543.1K1.5M2.7M4.1M4.3M
Liabilities And Stockholders Equity596.6K260.3K40.8M37.1M31.8M33.4M
Non Current Liabilities Total653.3K1.1M30.3K8.1K6.1M6.4M
Other Stockholder Equity4.2M5.0M20.2M58.7M62.6M65.7M
Total Liab753.3K1.1M30.6M2.5M7.4M4.1M
Total Current Assets445.3K76.4K2.2M2.8M2.5M2.6M
Intangible Assets146.3K180.6K37.3M32.8M28.3M29.7M
Other Current Assets32.1K51.1K466.2K195.8K419.5K440.5K
Common Stock405.2K420.7K1.4M200.1K46.8K44.4K
Inventory0.04.1K3.0K595.2K167.6K96.3K
Short Term Debt444.6K953.0K3.6M1.3M42K39.9K
Net Invested Capital287.9K114.7K13.8M35.9M30.4M31.9M
Short Long Term Debt444.6K953.0K3.6M1.3M42K39.9K
Capital Stock405.2K420.7K1.4M200.1K46.8K44.4K
Net Working Capital(308.0K)(1.0M)(28.4M)373.0K1.1M1.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ainos Stock Analysis

When running Ainos' price analysis, check to measure Ainos' 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 Ainos is operating at the current time. Most of Ainos' value examination focuses on studying past and present price action to predict the probability of Ainos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ainos' price. Additionally, you may evaluate how the addition of Ainos to your portfolios can decrease your overall portfolio volatility.