Airsculpt Other Current Assets vs Total Current Liabilities Analysis

AIRS Stock  USD 7.24  0.24  3.43%   
Airsculpt Technologies financial indicator trend analysis is way more than just evaluating Airsculpt Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airsculpt Technologies is a good investment. Please check the relationship between Airsculpt Technologies Other Current Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airsculpt 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 metropolitan statistical area.
For more information on how to buy Airsculpt Stock please use our How to Invest in Airsculpt Technologies guide.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airsculpt Technologies Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Airsculpt Technologies' Other Current Assets and Total Current Liabilities is 0.96. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Airsculpt Technologies, assuming nothing else is changed. The correlation between historical values of Airsculpt Technologies' Other Current Assets and Total Current Liabilities 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 Airsculpt Technologies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Airsculpt Technologies' Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Current Liabilities

Total Current Liabilities is an item on Airsculpt Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Airsculpt Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Airsculpt Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airsculpt 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 Airsculpt 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 metropolitan statistical area.
For more information on how to buy Airsculpt Stock please use our How to Invest in Airsculpt Technologies guide.Enterprise Value is likely to gain to about 813.6 M in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.9M6.8M6.5M5.2M
Depreciation And Amortization6.6M8.1M10.3M7.8M

Airsculpt Technologies fundamental ratios Correlations

0.960.470.94-0.960.990.92-0.880.930.770.740.930.780.370.930.74-0.710.640.950.920.93-0.930.950.940.760.84
0.960.630.98-0.980.980.94-0.840.980.850.740.850.780.450.990.74-0.50.411.00.910.99-0.931.00.990.580.88
0.470.630.53-0.550.540.38-0.120.540.30.770.170.070.810.690.770.23-0.20.630.320.65-0.640.610.64-0.220.29
0.940.980.53-0.970.950.97-0.891.00.890.610.890.840.290.960.61-0.520.410.980.950.96-0.880.990.960.640.95
-0.96-0.98-0.55-0.97-0.98-0.910.85-0.98-0.87-0.68-0.9-0.75-0.37-0.97-0.680.59-0.54-0.98-0.88-0.980.96-0.98-0.96-0.63-0.87
0.990.980.540.95-0.980.91-0.870.950.810.780.890.770.460.970.78-0.640.560.980.90.97-0.950.980.980.690.85
0.920.940.380.97-0.910.91-0.940.960.860.540.920.930.160.890.54-0.580.440.930.990.9-0.780.940.910.750.98
-0.88-0.84-0.12-0.890.85-0.87-0.94-0.88-0.88-0.43-0.94-0.97-0.05-0.78-0.430.75-0.58-0.84-0.94-0.820.71-0.85-0.83-0.88-0.94
0.930.980.541.0-0.980.950.96-0.880.910.620.880.830.310.970.62-0.510.410.980.930.98-0.890.990.970.620.94
0.770.850.30.89-0.870.810.86-0.880.910.340.810.850.110.820.34-0.490.360.850.810.87-0.740.860.840.60.93
0.740.740.770.61-0.680.780.54-0.430.620.340.460.310.870.791.0-0.30.290.740.530.74-0.780.720.780.270.38
0.930.850.170.89-0.90.890.92-0.940.880.810.460.860.020.80.46-0.830.750.850.930.81-0.810.860.810.890.89
0.780.780.070.84-0.750.770.93-0.970.830.850.310.86-0.040.70.31-0.620.410.780.940.74-0.560.790.760.820.95
0.370.450.810.29-0.370.460.16-0.050.310.110.870.02-0.040.540.870.11-0.10.460.130.5-0.520.430.52-0.180.04
0.930.990.690.96-0.970.970.89-0.780.970.820.790.80.70.540.79-0.450.380.990.851.0-0.950.990.990.510.83
0.740.740.770.61-0.680.780.54-0.430.620.341.00.460.310.870.79-0.30.290.740.530.74-0.780.720.780.270.38
-0.71-0.50.23-0.520.59-0.64-0.580.75-0.51-0.49-0.3-0.83-0.620.11-0.45-0.3-0.96-0.5-0.62-0.460.56-0.5-0.48-0.94-0.53
0.640.41-0.20.41-0.540.560.44-0.580.410.360.290.750.41-0.10.380.29-0.960.40.470.37-0.570.410.380.820.37
0.951.00.630.98-0.980.980.93-0.840.980.850.740.850.780.460.990.74-0.50.40.90.99-0.931.00.990.580.89
0.920.910.320.95-0.880.90.99-0.940.930.810.530.930.940.130.850.53-0.620.470.90.86-0.750.910.880.790.96
0.930.990.650.96-0.980.970.9-0.820.980.870.740.810.740.51.00.74-0.460.370.990.86-0.940.990.990.530.86
-0.93-0.93-0.64-0.880.96-0.95-0.780.71-0.89-0.74-0.78-0.81-0.56-0.52-0.95-0.780.56-0.57-0.93-0.75-0.94-0.92-0.92-0.52-0.71
0.951.00.610.99-0.980.980.94-0.850.990.860.720.860.790.430.990.72-0.50.411.00.910.99-0.920.990.590.9
0.940.990.640.96-0.960.980.91-0.830.970.840.780.810.760.520.990.78-0.480.380.990.880.99-0.920.990.560.86
0.760.58-0.220.64-0.630.690.75-0.880.620.60.270.890.82-0.180.510.27-0.940.820.580.790.53-0.520.590.560.71
0.840.880.290.95-0.870.850.98-0.940.940.930.380.890.950.040.830.38-0.530.370.890.960.86-0.710.90.860.71
Click cells to compare fundamentals

Airsculpt Technologies Account Relationship Matchups

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Additional Tools for Airsculpt Stock Analysis

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