Agora Payables Turnover vs Price To Sales 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 Payables Turnover and its Price To Sales 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.

Payables Turnover vs Price To Sales Ratio

Payables Turnover vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agora Inc Payables Turnover account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Agora's Payables Turnover and Price To Sales Ratio is -0.25. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Price To Sales 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 Payables Turnover and Price To Sales 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 Payables Turnover of Agora Inc are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payables Turnover i.e., Agora's Payables Turnover and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Agora Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Agora sales, a figure that is much harder to manipulate than other Agora Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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

Gross Profit Total Revenue

Agora fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Non Current Liabilities Total	Other Stockholder Equity	Net Invested Capital
Total Assets		0.98	0.97	1.0	0.94	0.9	-0.08	-0.81	0.8	0.14	0.72	0.47	0.91	0.94	0.87	0.74	0.7	0.77	0.96	0.93	0.43	0.96	0.66	0.57	0.86	0.45
Other Current Liab	0.98		0.98	0.98	0.9	0.94	-0.08	-0.81	0.77	0.13	0.75	0.58	0.86	0.93	0.8	0.64	0.79	0.83	0.97	0.88	0.27	0.94	0.73	0.54	0.9	0.51
Total Current Liabilities	0.97	0.98		0.96	0.92	0.97	-0.03	-0.86	0.82	0.09	0.8	0.57	0.81	0.96	0.87	0.71	0.77	0.81	0.99	0.84	0.27	0.94	0.7	0.6	0.93	0.47
Total Stockholder Equity	1.0	0.98	0.96		0.94	0.89	-0.09	-0.8	0.8	0.15	0.71	0.46	0.92	0.94	0.86	0.74	0.69	0.77	0.95	0.93	0.45	0.96	0.66	0.56	0.84	0.45
Property Plant And Equipment Net	0.94	0.9	0.92	0.94		0.89	-0.05	-0.85	0.84	0.12	0.77	0.25	0.8	0.94	0.86	0.69	0.53	0.56	0.95	0.82	0.37	0.96	0.54	0.73	0.85	0.34
Current Deferred Revenue	0.9	0.94	0.97	0.89	0.89		-0.02	-0.86	0.79	0.09	0.82	0.55	0.69	0.93	0.77	0.56	0.77	0.74	0.98	0.71	0.06	0.9	0.7	0.65	0.95	0.47
Net Debt	-0.08	-0.08	-0.03	-0.09	-0.05	-0.02		-0.42	0.45	-1.0	0.48	0.32	-0.36	0.18	0.06	-0.12	-0.4	0.07	0.0	-0.33	-0.18	0.12	-0.64	0.36	0.12	-0.82
Retained Earnings	-0.81	-0.81	-0.86	-0.8	-0.85	-0.86	-0.42		-0.93	0.35	-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	-0.92	0.03
Accounts Payable	0.8	0.77	0.82	0.8	0.84	0.79	0.45	-0.93		-0.4	0.87	0.5	0.52	0.94	0.8	0.57	0.34	0.64	0.85	0.56	0.29	0.93	0.2	0.7	0.76	-0.04
Cash	0.14	0.13	0.09	0.15	0.12	0.09	-1.0	0.35	-0.4		-0.41	-0.32	0.4	-0.12	-0.01	0.15	0.42	-0.05	0.07	0.37	0.18	-0.06	0.67	-0.28	-0.04	0.83
Non Current Assets Total	0.72	0.75	0.8	0.71	0.77	0.82	0.48	-0.98	0.87	-0.41		0.46	0.43	0.87	0.69	0.42	0.35	0.54	0.82	0.47	-0.07	0.82	0.22	0.88	0.92	-0.1
Non Currrent Assets Other	0.47	0.58	0.57	0.46	0.25	0.55	0.32	-0.47	0.5	-0.32	0.46		0.27	0.53	0.42	0.31	0.69	0.9	0.52	0.3	-0.02	0.46	0.43	-0.01	0.51	0.25
Cash And Short Term Investments	0.91	0.86	0.81	0.92	0.8	0.69	-0.36	-0.54	0.52	0.4	0.43	0.27		0.73	0.77	0.77	0.65	0.65	0.78	1.0	0.61	0.79	0.7	0.34	0.65	0.57
Net Receivables	0.94	0.93	0.96	0.94	0.94	0.93	0.18	-0.93	0.94	-0.12	0.87	0.53	0.73		0.89	0.69	0.59	0.75	0.97	0.76	0.32	0.99	0.49	0.69	0.89	0.25
Common Stock Shares Outstanding	0.87	0.8	0.87	0.86	0.86	0.77	0.06	-0.8	0.8	-0.01	0.69	0.42	0.77	0.89		0.94	0.54	0.67	0.86	0.79	0.58	0.86	0.48	0.55	0.75	0.27
Short Term Investments	0.74	0.64	0.71	0.74	0.69	0.56	-0.12	-0.56	0.57	0.15	0.42	0.31	0.77	0.69	0.94		0.48	0.57	0.68	0.78	0.76	0.68	0.47	0.3	0.53	0.33
Inventory	0.7	0.79	0.77	0.69	0.53	0.77	-0.4	-0.4	0.34	0.42	0.35	0.69	0.65	0.59	0.54	0.48		0.84	0.72	0.67	0.07	0.56	0.95	0.05	0.66	0.84
Other Current Assets	0.77	0.83	0.81	0.77	0.56	0.74	0.07	-0.59	0.64	-0.05	0.54	0.9	0.65	0.75	0.67	0.57	0.84		0.76	0.67	0.25	0.72	0.67	0.13	0.67	0.48
Total Liab	0.96	0.97	0.99	0.95	0.95	0.98	0.0	-0.88	0.85	0.07	0.82	0.52	0.78	0.97	0.86	0.68	0.72	0.76		0.81	0.24	0.96	0.66	0.66	0.94	0.43
Total Current Assets	0.93	0.88	0.84	0.93	0.82	0.71	-0.33	-0.57	0.56	0.37	0.47	0.3	1.0	0.76	0.79	0.78	0.67	0.67	0.81		0.6	0.81	0.7	0.36	0.67	0.56
Short Term Debt	0.43	0.27	0.27	0.45	0.37	0.06	-0.18	-0.1	0.29	0.18	-0.07	-0.02	0.61	0.32	0.58	0.76	0.07	0.25	0.24	0.6		0.38	0.12	-0.09	-0.03	0.16
Common Stock	0.96	0.94	0.94	0.96	0.96	0.9	0.12	-0.89	0.93	-0.06	0.82	0.46	0.79	0.99	0.86	0.68	0.56	0.72	0.96	0.81	0.38		0.49	0.67	0.85	0.27
Good Will	0.66	0.73	0.7	0.66	0.54	0.7	-0.64	-0.27	0.2	0.67	0.22	0.43	0.7	0.49	0.48	0.47	0.95	0.67	0.66	0.7	0.12	0.49		0.03	0.58	0.94
Non Current Liabilities Total	0.57	0.54	0.6	0.56	0.73	0.65	0.36	-0.86	0.7	-0.28	0.88	-0.01	0.34	0.69	0.55	0.3	0.05	0.13	0.66	0.36	-0.09	0.67	0.03		0.77	-0.22
Other Stockholder Equity	0.86	0.9	0.93	0.84	0.85	0.95	0.12	-0.92	0.76	-0.04	0.92	0.51	0.65	0.89	0.75	0.53	0.66	0.67	0.94	0.67	-0.03	0.85	0.58	0.77		0.29
Net Invested Capital	0.45	0.51	0.47	0.45	0.34	0.47	-0.82	0.03	-0.04	0.83	-0.1	0.25	0.57	0.25	0.27	0.33	0.84	0.48	0.43	0.56	0.16	0.27	0.94	-0.22	0.29

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Agora Account Relationship Matchups

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

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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:

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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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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.

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Agora Payables Turnover vs Price To Sales Ratio Analysis

Payables Turnover vs Price To Sales Ratio

Payables Turnover vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Payables Turnover

Price To Sales Ratio

Agora fundamental ratios Correlations

Agora Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Agora fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 0.99	Total Current Liabilities
Common Stock	+ 0.99	Net Receivables
Other Current Liab	+ 0.98	Total Assets
Total Current Liabilities	+ 0.98	Other Current Liab

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.98	Retained Earnings
Net Receivables	- 0.93	Retained Earnings
Accounts Payable	- 0.93	Retained Earnings
Other Stockholder Equity	- 0.92	Retained Earnings
Common Stock	- 0.89	Retained Earnings