Airship Change In Working Capital vs Change To Inventory Analysis

AISPW Stock   0.48  0.06  14.29%   
Airship AI financial indicator trend analysis is way more than just evaluating Airship AI Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airship AI Holdings is a good investment. Please check the relationship between Airship AI Change In Working Capital and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airship AI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Change In Working Capital vs Change To Inventory

Change In Working Capital vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airship AI Holdings Change In Working Capital account and Change To Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Airship AI's Change In Working Capital and Change To Inventory is 0.61. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Airship AI Holdings, assuming nothing else is changed. The correlation between historical values of Airship AI's Change In Working Capital and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Airship AI Holdings are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change In Working Capital i.e., Airship AI's Change In Working Capital and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Airship AI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airship AI Holdings 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 Airship AI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Tax Provision is likely to climb to about 12.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 6.6 M in 2024.
 2010 2022 2023 2024 (projected)
Depreciation And Amortization53.2K532.1K611.4K438.8K
Interest Income24.8K42.6K48.9K37.0K

Airship AI fundamental ratios Correlations

0.990.940.97-0.910.76-0.670.61-0.90.920.9-0.950.67-0.670.90.65-0.560.980.92-0.681.00.220.71.0-0.76-0.53
0.990.980.99-0.890.84-0.690.7-0.890.90.85-0.940.74-0.750.850.74-0.650.940.9-0.751.00.110.790.99-0.73-0.62
0.940.980.99-0.880.93-0.760.84-0.890.90.71-0.940.86-0.860.710.86-0.790.860.89-0.870.96-0.110.90.95-0.73-0.76
0.970.990.99-0.910.89-0.750.77-0.910.920.78-0.960.81-0.820.780.81-0.730.910.92-0.820.990.00.850.98-0.76-0.7
-0.91-0.89-0.88-0.91-0.790.9-0.681.0-1.0-0.720.99-0.780.79-0.72-0.740.68-0.87-1.00.79-0.910.02-0.69-0.890.960.68
0.760.840.930.89-0.79-0.820.98-0.810.80.42-0.850.98-0.980.420.99-0.960.620.79-0.980.8-0.450.990.77-0.69-0.94
-0.67-0.69-0.76-0.750.9-0.82-0.80.92-0.9-0.340.88-0.890.9-0.34-0.850.84-0.57-0.890.9-0.690.43-0.74-0.650.950.86
0.610.70.840.77-0.680.98-0.8-0.710.690.21-0.750.98-0.980.211.0-0.990.440.68-0.980.66-0.630.980.62-0.61-0.98
-0.9-0.89-0.89-0.911.0-0.810.92-0.71-1.0-0.690.99-0.810.82-0.69-0.770.72-0.84-1.00.82-0.910.07-0.72-0.880.960.72
0.920.90.90.92-1.00.8-0.90.69-1.00.72-0.990.79-0.80.720.75-0.690.871.0-0.80.92-0.020.710.9-0.95-0.69
0.90.850.710.78-0.720.42-0.340.21-0.690.72-0.740.28-0.291.00.27-0.150.970.73-0.290.870.620.350.9-0.54-0.11
-0.95-0.94-0.94-0.960.99-0.850.88-0.750.99-0.99-0.74-0.820.83-0.74-0.80.73-0.89-0.990.83-0.950.04-0.77-0.930.910.72
0.670.740.860.81-0.780.98-0.890.98-0.810.790.28-0.82-1.00.281.0-0.990.510.78-1.00.71-0.580.950.67-0.74-0.98
-0.67-0.75-0.86-0.820.79-0.980.9-0.980.82-0.8-0.290.83-1.0-0.29-1.00.99-0.52-0.781.0-0.720.58-0.95-0.680.740.98
0.90.850.710.78-0.720.42-0.340.21-0.690.721.0-0.740.28-0.290.27-0.150.970.73-0.290.870.620.350.9-0.54-0.11
0.650.740.860.81-0.740.99-0.851.0-0.770.750.27-0.81.0-1.00.27-0.990.50.74-0.990.7-0.590.980.67-0.68-0.98
-0.56-0.65-0.79-0.730.68-0.960.84-0.990.72-0.69-0.150.73-0.990.99-0.15-0.99-0.39-0.670.99-0.610.69-0.95-0.570.641.0
0.980.940.860.91-0.870.62-0.570.44-0.840.870.97-0.890.51-0.520.970.5-0.390.88-0.520.960.40.550.97-0.71-0.36
0.920.90.890.92-1.00.79-0.890.68-1.01.00.73-0.990.78-0.780.730.74-0.670.88-0.790.920.00.690.9-0.95-0.67
-0.68-0.75-0.87-0.820.79-0.980.9-0.980.82-0.8-0.290.83-1.01.0-0.29-0.990.99-0.52-0.79-0.720.57-0.95-0.680.750.98
1.01.00.960.99-0.910.8-0.690.66-0.910.920.87-0.950.71-0.720.870.7-0.610.960.92-0.720.160.751.0-0.76-0.58
0.220.11-0.110.00.02-0.450.43-0.630.07-0.020.620.04-0.580.580.62-0.590.690.40.00.570.16-0.50.210.130.71
0.70.790.90.85-0.690.99-0.740.98-0.720.710.35-0.770.95-0.950.350.98-0.950.550.69-0.950.75-0.50.72-0.57-0.93
1.00.990.950.98-0.890.77-0.650.62-0.880.90.9-0.930.67-0.680.90.67-0.570.970.9-0.681.00.210.72-0.72-0.53
-0.76-0.73-0.73-0.760.96-0.690.95-0.610.96-0.95-0.540.91-0.740.74-0.54-0.680.64-0.71-0.950.75-0.760.13-0.57-0.720.66
-0.53-0.62-0.76-0.70.68-0.940.86-0.980.72-0.69-0.110.72-0.980.98-0.11-0.981.0-0.36-0.670.98-0.580.71-0.93-0.530.66
Click cells to compare fundamentals

Airship AI Account Relationship Matchups

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 Airship Stock Analysis

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