Agora Depreciation And Amortization vs Operating Income Analysis

API Stock  USD 5.16  1.19  18.74%   
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 Depreciation And Amortization and its Operating Income 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.

Depreciation And Amortization vs Operating Income

Depreciation And Amortization vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agora Inc Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Agora's Depreciation And Amortization and Operating Income is -0.95. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income 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 Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Agora Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., Agora's Depreciation And Amortization and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Operating Income

Operating Income is the amount of profit realized from Agora Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Agora Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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

0.980.971.00.940.9-0.08-0.810.80.140.720.470.910.940.870.740.70.770.960.930.430.960.660.570.860.45
0.980.980.980.90.94-0.08-0.810.770.130.750.580.860.930.80.640.790.830.970.880.270.940.730.540.90.51
0.970.980.960.920.97-0.03-0.860.820.090.80.570.810.960.870.710.770.810.990.840.270.940.70.60.930.47
1.00.980.960.940.89-0.09-0.80.80.150.710.460.920.940.860.740.690.770.950.930.450.960.660.560.840.45
0.940.90.920.940.89-0.05-0.850.840.120.770.250.80.940.860.690.530.560.950.820.370.960.540.730.850.34
0.90.940.970.890.89-0.02-0.860.790.090.820.550.690.930.770.560.770.740.980.710.060.90.70.650.950.47
-0.08-0.08-0.03-0.09-0.05-0.02-0.420.45-1.00.480.32-0.360.180.06-0.12-0.40.070.0-0.33-0.180.12-0.640.360.12-0.82
-0.81-0.81-0.86-0.8-0.85-0.86-0.42-0.930.35-0.98-0.47-0.54-0.93-0.8-0.56-0.4-0.59-0.88-0.57-0.1-0.89-0.27-0.86-0.920.03
0.80.770.820.80.840.790.45-0.93-0.40.870.50.520.940.80.570.340.640.850.560.290.930.20.70.76-0.04
0.140.130.090.150.120.09-1.00.35-0.4-0.41-0.320.4-0.12-0.010.150.42-0.050.070.370.18-0.060.67-0.28-0.040.83
0.720.750.80.710.770.820.48-0.980.87-0.410.460.430.870.690.420.350.540.820.47-0.070.820.220.880.92-0.1
0.470.580.570.460.250.550.32-0.470.5-0.320.460.270.530.420.310.690.90.520.3-0.020.460.43-0.010.510.25
0.910.860.810.920.80.69-0.36-0.540.520.40.430.270.730.770.770.650.650.781.00.610.790.70.340.650.57
0.940.930.960.940.940.930.18-0.930.94-0.120.870.530.730.890.690.590.750.970.760.320.990.490.690.890.25
0.870.80.870.860.860.770.06-0.80.8-0.010.690.420.770.890.940.540.670.860.790.580.860.480.550.750.27
0.740.640.710.740.690.56-0.12-0.560.570.150.420.310.770.690.940.480.570.680.780.760.680.470.30.530.33
0.70.790.770.690.530.77-0.4-0.40.340.420.350.690.650.590.540.480.840.720.670.070.560.950.050.660.84
0.770.830.810.770.560.740.07-0.590.64-0.050.540.90.650.750.670.570.840.760.670.250.720.670.130.670.48
0.960.970.990.950.950.980.0-0.880.850.070.820.520.780.970.860.680.720.760.810.240.960.660.660.940.43
0.930.880.840.930.820.71-0.33-0.570.560.370.470.31.00.760.790.780.670.670.810.60.810.70.360.670.56
0.430.270.270.450.370.06-0.18-0.10.290.18-0.07-0.020.610.320.580.760.070.250.240.60.380.12-0.09-0.030.16
0.960.940.940.960.960.90.12-0.890.93-0.060.820.460.790.990.860.680.560.720.960.810.380.490.670.850.27
0.660.730.70.660.540.7-0.64-0.270.20.670.220.430.70.490.480.470.950.670.660.70.120.490.030.580.94
0.570.540.60.560.730.650.36-0.860.7-0.280.88-0.010.340.690.550.30.050.130.660.36-0.090.670.030.77-0.22
0.860.90.930.840.850.950.12-0.920.76-0.040.920.510.650.890.750.530.660.670.940.67-0.030.850.580.770.29
0.450.510.470.450.340.47-0.820.03-0.040.83-0.10.250.570.250.270.330.840.480.430.560.160.270.94-0.220.29
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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 Other808.9K1.6M3.9M171.1M10.9M10.3M
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 Assets105.5K7.5M9.8M25.0M3.9M3.7M
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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
(0.51)
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.