Airsculpt Total Current Assets vs Depreciation And Amortization Analysis

AIRS Stock  USD 6.56  0.68  9.39%   
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 Total Current Assets and its Depreciation And Amortization 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.

Total Current Assets vs Depreciation And Amortization

Total Current Assets vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airsculpt Technologies Total Current Assets account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Airsculpt Technologies' Total Current Assets and Depreciation And Amortization is 0.66. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Depreciation And Amortization 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' Total Current Assets and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Airsculpt Technologies are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Assets i.e., Airsculpt Technologies' Total Current Assets and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.