Agora Accounts Payable vs Net Receivables Analysis

API Stock  USD 4.76  0.27  6.01%   
Agora financial indicator trend analysis is way more than just evaluating Agora Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agora Inc is a good investment. Please check the relationship between Agora Accounts Payable and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agora 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 american community survey.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agora Inc Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Agora's Accounts Payable and Net Receivables is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Agora Inc, assuming nothing else is changed. The correlation between historical values of Agora's Accounts Payable and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Agora Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Agora's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Agora obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Agora Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Receivables

Most indicators from Agora's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agora 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 Agora 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 american community survey.
The Agora's current Tax Provision is estimated to increase to about 497.4 K, while Selling General Administrative is projected to decrease to under 24.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit104.0M99.4M89.5M83.3M
Total Revenue168.0M160.7M141.5M130.5M

Agora fundamental ratios Correlations

0.980.971.00.940.9-0.08-0.810.80.140.720.430.910.940.870.740.790.70.960.930.430.960.660.570.860.45
0.980.980.980.90.94-0.08-0.810.770.130.750.540.860.930.80.640.880.770.970.880.270.940.730.540.90.51
0.970.980.960.920.97-0.03-0.860.820.090.80.530.810.960.870.710.870.730.990.840.270.940.70.60.930.47
1.00.980.960.940.89-0.09-0.80.80.150.710.420.920.940.860.740.790.70.950.930.450.960.660.560.840.45
0.940.90.920.940.89-0.05-0.850.840.120.770.20.80.940.860.690.660.470.950.820.370.960.540.730.850.34
0.90.940.970.890.89-0.02-0.860.790.090.820.50.690.930.770.560.880.660.980.710.060.90.70.650.950.47
-0.08-0.08-0.03-0.09-0.05-0.02-0.420.45-1.00.480.27-0.360.180.06-0.12-0.27-0.020.0-0.33-0.180.12-0.640.360.12-0.82
-0.81-0.81-0.86-0.8-0.85-0.86-0.42-0.930.35-0.98-0.4-0.54-0.93-0.8-0.56-0.58-0.46-0.88-0.57-0.1-0.89-0.27-0.86-0.920.03
0.80.770.820.80.840.790.45-0.93-0.40.870.440.520.940.80.570.490.530.850.560.290.930.20.70.76-0.04
0.140.130.090.150.120.09-1.00.35-0.4-0.41-0.280.4-0.12-0.010.150.310.030.070.370.18-0.060.67-0.28-0.040.83
0.720.750.80.710.770.820.48-0.980.87-0.410.390.430.870.690.420.550.40.820.47-0.070.820.220.880.92-0.1
0.430.540.530.420.20.50.27-0.40.44-0.280.390.260.480.380.290.680.910.470.29-0.010.410.45-0.090.450.29
0.910.860.810.920.80.69-0.36-0.540.520.40.430.260.730.770.770.70.620.781.00.610.790.70.340.650.57
0.940.930.960.940.940.930.18-0.930.94-0.120.870.480.730.890.690.720.650.970.760.320.990.490.690.890.25
0.870.80.870.860.860.770.06-0.80.8-0.010.690.380.770.890.940.640.590.860.790.580.860.480.550.750.27
0.740.640.710.740.690.56-0.12-0.560.570.150.420.290.770.690.940.540.540.680.780.760.680.470.30.530.33
0.790.880.870.790.660.88-0.27-0.580.490.310.550.680.70.720.640.540.840.840.720.050.680.910.270.810.73
0.70.770.730.70.470.66-0.02-0.460.530.030.40.910.620.650.590.540.840.680.640.270.630.69-0.020.570.54
0.960.970.990.950.950.980.0-0.880.850.070.820.470.780.970.860.680.840.680.810.240.960.660.660.940.43
0.930.880.840.930.820.71-0.33-0.570.560.370.470.291.00.760.790.780.720.640.810.60.810.70.360.670.56
0.430.270.270.450.370.06-0.18-0.10.290.18-0.07-0.010.610.320.580.760.050.270.240.60.380.12-0.09-0.030.16
0.960.940.940.960.960.90.12-0.890.93-0.060.820.410.790.990.860.680.680.630.960.810.380.490.670.850.27
0.660.730.70.660.540.7-0.64-0.270.20.670.220.450.70.490.480.470.910.690.660.70.120.490.030.580.94
0.570.540.60.560.730.650.36-0.860.7-0.280.88-0.090.340.690.550.30.27-0.020.660.36-0.090.670.030.77-0.22
0.860.90.930.840.850.950.12-0.920.76-0.040.920.450.650.890.750.530.810.570.940.67-0.030.850.580.770.29
0.450.510.470.450.340.47-0.820.03-0.040.83-0.10.290.570.250.270.330.730.540.430.560.160.270.94-0.220.29
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Agora Account Relationship Matchups

Agora fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets131.2M692.9M945.0M800.7M674.6M618.1M
Other Current Liab1.3M26.4M49.1M47.5M32.8M30.0M
Total Current Liabilities18.5M36.3M73.8M71.7M56.9M49.2M
Total Stockholder Equity112.7M656.5M866.3M728.3M604.7M565.5M
Property Plant And Equipment Net6.3M16.8M26.6M15.3M26.7M17.4M
Current Deferred Revenue920.9K1.3M9.1M8.4M7.8M5.1M
Net Debt(105.6M)(111.2M)(278.3M)(43.4M)(21.7M)(22.8M)
Retained Earnings(126.3M)(163.9M)(236.3M)(356.7M)(443.9M)(421.7M)
Accounts Payable4.1M7.7M5.3M10.1M13.0M7.9M
Cash105.6M111.2M285.7M45.7M36.9M35.0M
Non Current Assets Total7.9M22.2M147.3M315.2M413.2M433.8M
Non Currrent Assets Other808.9K1.6M3.9M171.1M181K172.0K
Cash And Short Term Investments105.6M635.4M755.3M427.7M216.7M412.6M
Net Receivables17.0M27.8M33.6M38.6M40.6M31.2M
Common Stock Shares Outstanding101.8M103.8M110.2M111.6M99.6M101.6M
Liabilities And Stockholders Equity131.2M692.9M945.0M800.7M674.6M618.1M
Other Current Assets105.5K7.5M9.8M25.0M889K844.6K
Total Liab18.5M36.4M78.7M72.5M69.8M52.7M
Total Current Assets123.2M670.7M797.7M485.5M261.4M451.3M
Accumulated Other Comprehensive Income(988.4K)1.9M3.1M(8.0M)(10.0M)(9.5M)
Short Term Debt12.2M26.3M7.9M3.9M2.4M2.3M
Common Stock11.9K41K45K47K54.1K37.2K

Currently Active Assets on Macroaxis

When determining whether Agora Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agora's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agora Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agora Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agora 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 american community survey.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Application Software 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 Agora. If investors know Agora 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 Agora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.48)
Revenue Per Share
1.463
Quarterly Revenue Growth
0.005
Return On Assets
(0.04)
Return On Equity
(0.07)
The market value of Agora Inc is measured differently than its book value, which is the value of Agora that is recorded on the company's balance sheet. Investors also form their own opinion of Agora's value that differs from its market value or its book value, called intrinsic value, which is Agora'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 Agora's market value can be influenced by many factors that don't directly affect Agora'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 Agora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agora'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.