Airgain Cash Per Share vs Ptb Ratio Analysis
| AIRG Stock | USD 8.94 0.01 0.11% |
Airgain financial indicator trend analysis is way more than just evaluating Airgain prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airgain is a good investment. Please check the relationship between Airgain Cash Per Share and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.
Cash Per Share vs Ptb Ratio
Cash Per Share vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airgain Cash Per Share account and Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Airgain's Cash Per Share and Ptb Ratio is -0.32. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Airgain, assuming nothing else is changed. The correlation between historical values of Airgain's Cash Per Share and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Airgain are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Cash Per Share i.e., Airgain's Cash Per Share and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.32 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash Per Share
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Airgain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airgain 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 Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.The Airgain's current Tax Provision is estimated to increase to about 35.7 K, while Selling General Administrative is projected to decrease to roughly 9.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.1M | 63K | 72.5K | 68.8K | Depreciation And Amortization | 3.6M | 3.7M | 3.6M | 3.8M |
Airgain fundamental ratios Correlations
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Airgain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Airgain fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 54.7M | 54.9M | 66.4M | 54.4M | 42.2M | 50.8M | |
| Short Long Term Debt Total | 96K | 310K | 3.1M | 2.4M | 1.5M | 1.5M | |
| Other Current Liab | 2.8M | 3.4M | 12.1M | 3.3M | 1.4M | 1.4M | |
| Total Current Liabilities | 6.8M | 6.9M | 19.9M | 12.9M | 10.0M | 10.4M | |
| Total Stockholder Equity | 47.9M | 47.7M | 44.2M | 39.8M | 31.4M | 39.0M | |
| Other Liab | 63K | 329K | 109K | 139K | 125.1K | 118.8K | |
| Net Tangible Assets | 40.4M | 40.9M | 19.1M | 17.8M | 20.4M | 17.0M | |
| Property Plant And Equipment Net | 2.1M | 2.4M | 5.5M | 5.0M | 3.9M | 2.7M | |
| Net Debt | (13.1M) | (37.9M) | (11.4M) | (9.5M) | (6.3M) | (6.7M) | |
| Retained Earnings | (44.1M) | (47.3M) | (57.4M) | (66.1M) | (78.5M) | (82.4M) | |
| Accounts Payable | 3.8M | 3.0M | 5.5M | 6.5M | 6.5M | 4.7M | |
| Cash | 13.2M | 38.2M | 14.5M | 11.9M | 7.9M | 7.5M | |
| Non Current Assets Total | 9.6M | 9.5M | 30.9M | 27.2M | 23.1M | 14.6M | |
| Non Currrent Assets Other | 10K | 249K | (3.6M) | (3.1M) | 170K | 178.5K | |
| Other Assets | 10K | 2.9M | 352K | 216K | 248.4K | 236.0K | |
| Cash And Short Term Investments | 34.9M | 38.2M | 14.5M | 11.9M | 7.9M | 7.5M | |
| Net Receivables | 7.7M | 4.8M | 10.8M | 8.7M | 7.4M | 7.4M | |
| Common Stock Total Equity | 995.0 | 1K | 100.4M | 111.3M | 128.0M | 134.4M | |
| Common Stock Shares Outstanding | 10.1M | 9.7M | 10.0M | 10.2M | 10.4M | 9.5M | |
| Liabilities And Stockholders Equity | 54.7M | 54.9M | 66.4M | 54.4M | 42.2M | 50.8M | |
| Non Current Liabilities Total | 63K | 329K | 2.3M | 1.7M | 825K | 1.1M | |
| Inventory | 1.2M | 1.0M | 8.9M | 4.2M | 2.4M | 2.2M | |
| Other Current Assets | 1.4M | 2.9M | 1.3M | 2.3M | 1.4M | 1.3M | |
| Other Stockholder Equity | 90.2M | 92.0M | (5.3M) | (5.4M) | (4.8M) | (4.6M) | |
| Total Liab | 6.8M | 7.2M | 22.2M | 14.6M | 10.8M | 11.8M | |
| Deferred Long Term Liab | 8.0K | 37.6K | 52K | 139K | 125.1K | 165.9K | |
| Property Plant And Equipment Gross | 2.1M | 2.4M | 5.5M | 5.0M | 8.9M | 9.4M | |
| Total Current Assets | 45.1M | 45.4M | 35.5M | 27.2M | 19.1M | 36.2M | |
| Accumulated Other Comprehensive Income | (16.9K) | (11.1K) | 8K | 0.0 | 3K | 3.2K | |
| Short Term Debt | 85K | 39K | 1.7M | 1.8M | 1.7M | 1.1M | |
| Intangible Assets | 3.8M | 3.2M | 14.2M | 11.2M | 8.2M | 6.6M | |
| Common Stock | 1K | 100.4M | 107.0M | 111.3M | 115.3M | 121.1M | |
| Property Plant Equipment | 2.1M | 2.4M | 5.5M | 2.8M | 3.2M | 2.2M | |
| Retained Earnings Total Equity | (45.0M) | (44.1M) | (47.3M) | (66.1M) | (59.5M) | (62.5M) | |
| Treasury Stock | (3.4M) | (4.7M) | (5.3M) | (5.4M) | (4.8M) | (5.1M) | |
| Non Current Liabilities Other | 334.9K | 211.4K | 11K | 1.5M | 1.8M | 1.9M | |
| Capital Lease Obligations | 96K | 310K | 3.1M | 2.4M | 1.5M | 1.3M |
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When determining whether Airgain is a strong investment it is important to analyze Airgain'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 Airgain's future performance. For an informed investment choice regarding Airgain Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.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 Electronic Equipment, Instruments & Components 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 Airgain. If investors know Airgain 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 Airgain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Earnings Share (1.15) | Revenue Per Share 5.022 | Quarterly Revenue Growth (0.04) | Return On Assets (0.17) |
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airgain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.