Agora Total Current Liabilities vs Non Currrent Assets Other Analysis

API Stock  USD 6.35  1.61  33.97%   
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 Current Liabilities and its Non Currrent Assets Other 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 Current Liabilities vs Non Currrent Assets Other

Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agora Inc Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agora's Total Current Liabilities and Non Currrent Assets Other is 0.57. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other 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 Current Liabilities and Non Currrent Assets Other 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 Current Liabilities of Agora Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Agora's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Agora balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Agora Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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
Click cells to compare fundamentals

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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.