Agora Total Assets vs Common Stock 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 Total Assets and its Common Stock 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.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agora Inc Total Assets account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Agora's Total Assets and Common Stock is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock 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 Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Agora Inc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Agora's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Agora assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Agora Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Common Stock
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
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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 | 181K | 172.0K | |
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 | 889K | 844.6K | |
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.