Ackroo Current Deferred Revenue vs Property Plant And Equipment Net Analysis

AKR Stock  CAD 0.13  0.01  8.33%   
Ackroo financial indicator trend analysis is way more than just evaluating Ackroo Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ackroo Inc is a good investment. Please check the relationship between Ackroo Current Deferred Revenue and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ackroo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Property Plant And Equipment Net

Current Deferred Revenue 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 Ackroo Inc Current Deferred Revenue account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ackroo's Current Deferred Revenue and Property Plant And Equipment Net is -0.15. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Ackroo Inc, assuming nothing else is changed. The correlation between historical values of Ackroo's Current Deferred Revenue 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 Current Deferred Revenue of Ackroo 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 Current Deferred Revenue i.e., Ackroo's Current Deferred Revenue and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 Ackroo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ackroo 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, which includes a position in Ackroo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Ackroo's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 14.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue6.0M6.3M7.0M8.5M
Depreciation And Amortization2.1M1.7M935.3K741.5K

Ackroo fundamental ratios Correlations

0.540.480.880.75-0.420.620.110.940.110.330.810.81-0.28-0.080.90.230.13-0.30.40.490.910.550.840.8-0.28
0.54-0.150.420.63-0.280.72-0.310.67-0.31-0.220.740.21-0.26-0.290.67-0.330.58-0.110.90.080.60.990.420.64-0.47
0.48-0.150.19-0.17-0.26-0.030.680.250.680.260.090.16-0.150.470.040.66-0.01-0.45-0.090.040.1-0.090.430.120.36
0.880.420.190.82-0.390.5-0.020.84-0.020.40.720.92-0.09-0.090.910.15-0.07-0.150.310.720.940.420.710.71-0.24
0.750.63-0.170.82-0.190.78-0.520.89-0.520.240.850.81-0.15-0.560.94-0.360.05-0.090.420.510.930.60.690.86-0.63
-0.42-0.28-0.26-0.39-0.19-0.32-0.28-0.35-0.280.5-0.39-0.260.53-0.6-0.34-0.21-0.290.11-0.19-0.12-0.34-0.28-0.3-0.370.2
0.620.72-0.030.50.78-0.32-0.490.8-0.49-0.140.850.46-0.35-0.430.72-0.470.34-0.210.560.140.690.70.660.9-0.75
0.11-0.310.68-0.02-0.52-0.28-0.49-0.221.00.03-0.36-0.08-0.10.79-0.220.92-0.02-0.09-0.230.01-0.17-0.25-0.02-0.360.58
0.940.670.250.840.89-0.350.8-0.22-0.220.220.910.78-0.29-0.330.94-0.130.15-0.260.510.460.930.670.860.9-0.51
0.11-0.310.68-0.02-0.52-0.28-0.491.0-0.220.03-0.36-0.08-0.10.79-0.220.92-0.02-0.09-0.230.01-0.17-0.25-0.02-0.360.58
0.33-0.220.260.40.240.5-0.140.030.220.030.120.480.48-0.30.250.32-0.3-0.16-0.140.330.3-0.220.150.110.33
0.810.740.090.720.85-0.390.85-0.360.91-0.360.120.64-0.3-0.340.87-0.240.28-0.210.620.240.830.70.640.93-0.54
0.810.210.160.920.81-0.260.46-0.080.78-0.080.480.64-0.14-0.240.860.14-0.23-0.060.00.670.910.190.720.7-0.35
-0.28-0.26-0.15-0.09-0.150.53-0.35-0.1-0.29-0.10.48-0.3-0.14-0.09-0.240.02-0.27-0.05-0.02-0.11-0.21-0.22-0.3-0.30.4
-0.08-0.290.47-0.09-0.56-0.6-0.430.79-0.330.79-0.3-0.34-0.24-0.09-0.340.680.09-0.14-0.15-0.06-0.3-0.25-0.22-0.380.53
0.90.670.040.910.94-0.340.72-0.220.94-0.220.250.870.86-0.24-0.34-0.070.13-0.10.470.540.990.650.760.86-0.51
0.23-0.330.660.15-0.36-0.21-0.470.92-0.130.920.32-0.240.140.020.68-0.07-0.05-0.12-0.290.11-0.01-0.29-0.01-0.240.61
0.130.58-0.01-0.070.05-0.290.34-0.020.15-0.02-0.30.28-0.23-0.270.090.13-0.05-0.010.59-0.320.050.53-0.030.23-0.15
-0.3-0.11-0.45-0.15-0.090.11-0.21-0.09-0.26-0.09-0.16-0.21-0.06-0.05-0.14-0.1-0.12-0.01-0.20.03-0.15-0.23-0.11-0.1-0.22
0.40.9-0.090.310.42-0.190.56-0.230.51-0.23-0.140.620.0-0.02-0.150.47-0.290.59-0.2-0.040.390.90.220.45-0.18
0.490.080.040.720.51-0.120.140.010.460.010.330.240.67-0.11-0.060.540.11-0.320.03-0.040.590.090.490.26-0.18
0.910.60.10.940.93-0.340.69-0.170.93-0.170.30.830.91-0.21-0.30.99-0.010.05-0.150.390.590.590.780.84-0.47
0.550.99-0.090.420.6-0.280.7-0.250.67-0.25-0.220.70.19-0.22-0.250.65-0.290.53-0.230.90.090.590.430.59-0.41
0.840.420.430.710.69-0.30.66-0.020.86-0.020.150.640.72-0.3-0.220.76-0.01-0.03-0.110.220.490.780.430.78-0.47
0.80.640.120.710.86-0.370.9-0.360.9-0.360.110.930.7-0.3-0.380.86-0.240.23-0.10.450.260.840.590.78-0.62
-0.28-0.470.36-0.24-0.630.2-0.750.58-0.510.580.33-0.54-0.350.40.53-0.510.61-0.15-0.22-0.18-0.18-0.47-0.41-0.47-0.62
Click cells to compare fundamentals

Ackroo Account Relationship Matchups

Ackroo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0M11.2M9.0M7.7M7.8M8.2M
Total Current Liabilities1.1M2.3M1.0M2.1M4.6M4.8M
Total Stockholder Equity1.7M3.8M3.1M1.5M2.0M1.5M
Property Plant And Equipment Net2.3M2.0M1.7M1.5M1.2M1.3M
Net Debt5.7M4.8M4.4M5.0M4.2M4.4M
Retained Earnings(15.6M)(16.7M)(19.1M)(20.8M)(19.0M)(20.0M)
Accounts Payable543.2K513.3K598.3K552.5K763.8K565.8K
Cash28.6K1.9M772.3K10.5K200.6K190.6K
Non Current Assets Total7.1M8.6M7.6M5.9M7.3M7.7M
Cash And Short Term Investments28.6K1.9M772.3K10.5K200.6K190.6K
Net Receivables503.1K414.6K469.5K461.1K184.8K250.2K
Common Stock Shares Outstanding76.2M80.6M111.8M115.8M120.7M126.7M
Liabilities And Stockholders Equity8.0M11.2M9.0M7.7M7.8M8.2M
Non Current Liabilities Total5.2M5.0M4.9M4.1M1.2M1.2M
Inventory37.5K32.2K21.1K8.4K6.7K6.4K
Other Stockholder Equity1.8M1.8M1.8M1.7M2.3M2.2M
Total Liab6.3M7.4M5.9M6.2M5.8M6.1M
Total Current Assets957.1K2.6M1.3M1.8M450.5K428.0K
Other Current Liab14.2K23.9K96.4K523.4K656.9K689.7K
Current Deferred Revenue23.1K110.2K96.4K59.3K350.0332.5
Other Current Assets387.9K193.2K65.4K57.2K58.4K95.0K
Short Long Term Debt Total5.7M6.7M5.2M5.0M4.4M4.6M
Accumulated Other Comprehensive Income254.8K1.4M840.5K840.5K756.5K718.6K
Short Term Debt556.3K1.7M312.1K953.7K3.2M3.4M
Intangible Assets2.7M4.1M2.8M1.5M2.7M1.7M
Other Liab18.5K17.4K27.7K27.4K24.7K22.9K
Net Tangible Assets(311.6K)(2.9M)(2.5M)(2.4M)(2.2M)(2.1M)
Short Long Term Debt243.1K1.4M78.3K745.9K3.0M3.1M
Common Stock15.3M17.3M19.5M19.8M18.7M15.9M
Property Plant Equipment2.3M2.0M1.7M1.5M1.7M870.7K
Net Invested Capital5.3M8.6M6.5M5.0M5.0M5.9M
Net Working Capital(179.7K)251.3K321.5K(277.0K)(4.2M)(4.0M)
Capital Stock15.3M17.3M19.5M19.8M18.7M19.4M

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 Ackroo Stock Analysis

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