Agora Ev To Sales vs Ptb Ratio 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 Ev To Sales and its Ptb Ratio 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.
Ev To Sales vs Ptb Ratio
Ev To Sales vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agora Inc Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Agora's Ev To Sales and Ptb Ratio is 0.97. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio 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 Ev To Sales and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Agora Inc are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Sales i.e., Agora's Ev To Sales and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.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 Profit | 104.0M | 99.4M | 89.5M | 83.3M | Total Revenue | 168.0M | 160.7M | 141.5M | 130.5M |
Agora fundamental ratios Correlations
Click cells to compare fundamentals
Agora Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agora fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 131.2M | 692.9M | 945.0M | 800.7M | 674.6M | 618.1M | |
Other Current Liab | 1.3M | 26.4M | 49.1M | 47.5M | 32.8M | 30.0M | |
Total Current Liabilities | 18.5M | 36.3M | 73.8M | 71.7M | 56.9M | 49.2M | |
Total Stockholder Equity | 112.7M | 656.5M | 866.3M | 728.3M | 604.7M | 565.5M | |
Property Plant And Equipment Net | 6.3M | 16.8M | 26.6M | 15.3M | 26.7M | 17.4M | |
Current Deferred Revenue | 920.9K | 1.3M | 9.1M | 8.4M | 7.8M | 5.1M | |
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 Payable | 4.1M | 7.7M | 5.3M | 10.1M | 13.0M | 7.9M | |
Cash | 105.6M | 111.2M | 285.7M | 45.7M | 36.9M | 35.0M | |
Non Current Assets Total | 7.9M | 22.2M | 147.3M | 315.2M | 413.2M | 433.8M | |
Non Currrent Assets Other | 808.9K | 1.6M | 3.9M | 171.1M | 10.9M | 10.3M | |
Cash And Short Term Investments | 105.6M | 635.4M | 755.3M | 427.7M | 216.7M | 412.6M | |
Net Receivables | 17.0M | 27.8M | 33.6M | 38.6M | 40.6M | 31.2M | |
Common Stock Shares Outstanding | 101.8M | 103.8M | 110.2M | 111.6M | 99.6M | 101.6M | |
Liabilities And Stockholders Equity | 131.2M | 692.9M | 945.0M | 800.7M | 674.6M | 618.1M | |
Other Current Assets | 105.5K | 7.5M | 9.8M | 25.0M | 3.9M | 3.7M | |
Total Liab | 18.5M | 36.4M | 78.7M | 72.5M | 69.8M | 52.7M | |
Total Current Assets | 123.2M | 670.7M | 797.7M | 485.5M | 261.4M | 451.3M | |
Accumulated Other Comprehensive Income | (988.4K) | 1.9M | 3.1M | (8.0M) | (10.0M) | (9.5M) | |
Short Term Debt | 12.2M | 26.3M | 7.9M | 3.9M | 2.4M | 2.3M | |
Common Stock | 11.9K | 41K | 45K | 47K | 54.1K | 37.2K |
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.