AuthID Total Stockholder Equity vs Other Assets Analysis

AUID Stock  USD 6.74  0.11  1.66%   
AuthID financial indicator trend analysis is way more than just evaluating authID Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether authID Inc is a good investment. Please check the relationship between AuthID Total Stockholder Equity and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in authID 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 gross domestic product.

Total Stockholder Equity vs Other Assets

Total Stockholder Equity vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of authID Inc Total Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AuthID's Total Stockholder Equity and Other Assets is -0.41. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of authID Inc, assuming nothing else is changed. The correlation between historical values of AuthID's Total Stockholder Equity and Other Assets 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 Stockholder Equity of authID Inc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Stockholder Equity i.e., AuthID's Total Stockholder Equity and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Assets

Most indicators from AuthID's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into authID 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 authID 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 gross domestic product.
At present, AuthID's Sales General And Administrative To Revenue is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Research Development1.6M6.3M2.8M1.6M
Interest Expense585.6K1.4M1.1M1.1M

AuthID fundamental ratios Correlations

-0.14-0.110.48-0.24-0.780.630.640.610.770.080.670.490.50.560.90.460.17-0.540.690.460.340.420.70.060.94
-0.141.0-0.850.210.13-0.25-0.25-0.21-0.270.9-0.180.11-0.130.13-0.110.10.50.560.110.00.580.08-0.310.72-0.26
-0.111.0-0.840.210.11-0.24-0.24-0.2-0.260.91-0.170.11-0.110.18-0.070.110.50.540.130.010.60.12-0.280.73-0.21
0.48-0.85-0.84-0.56-0.490.630.630.560.62-0.820.590.050.25-0.120.350.11-0.41-0.640.11-0.08-0.35-0.230.58-0.490.49
-0.240.210.21-0.560.47-0.81-0.81-0.7-0.540.41-0.780.370.270.250.040.010.360.270.290.610.070.56-0.32-0.16-0.17
-0.780.130.11-0.490.47-0.86-0.86-0.92-0.980.01-0.9-0.04-0.04-0.36-0.56-0.080.130.43-0.21-0.37-0.15-0.21-0.83-0.35-0.73
0.63-0.25-0.240.63-0.81-0.861.00.950.9-0.240.99-0.15-0.170.130.360.1-0.28-0.45-0.03-0.03-0.01-0.080.620.20.59
0.64-0.25-0.240.63-0.81-0.861.00.950.9-0.240.99-0.14-0.160.140.360.1-0.27-0.46-0.02-0.03-0.01-0.080.620.190.6
0.61-0.21-0.20.56-0.7-0.920.950.950.94-0.170.96-0.13-0.150.20.36-0.03-0.23-0.37-0.030.070.09-0.010.660.260.59
0.77-0.27-0.260.62-0.54-0.980.90.90.94-0.170.930.030.060.30.550.08-0.2-0.50.190.30.070.130.840.220.74
0.080.90.91-0.820.410.01-0.24-0.24-0.17-0.17-0.170.22-0.020.520.170.150.560.40.280.360.620.51-0.210.620.05
0.67-0.18-0.170.59-0.78-0.90.990.990.960.93-0.17-0.11-0.130.170.40.12-0.23-0.430.030.020.06-0.050.660.270.62
0.490.110.110.050.37-0.04-0.15-0.14-0.130.030.22-0.110.770.190.680.530.67-0.030.90.430.450.290.02-0.330.4
0.5-0.13-0.110.250.27-0.04-0.17-0.16-0.150.06-0.02-0.130.770.280.710.320.3-0.380.90.240.310.190.28-0.350.47
0.560.130.18-0.120.25-0.360.130.140.20.30.520.170.190.280.690.140.26-0.280.460.590.420.880.280.150.72
0.9-0.11-0.070.350.04-0.560.360.360.360.550.170.40.680.710.690.490.33-0.490.860.560.410.570.53-0.150.93
0.460.10.110.110.01-0.080.10.1-0.030.080.150.120.530.320.140.490.50.150.510.160.250.120.07-0.180.42
0.170.50.5-0.410.360.13-0.28-0.27-0.23-0.20.56-0.230.670.30.260.330.50.590.540.220.710.29-0.210.040.11
-0.540.560.54-0.640.270.43-0.45-0.46-0.37-0.50.4-0.43-0.03-0.38-0.28-0.490.150.59-0.27-0.190.3-0.2-0.460.28-0.58
0.690.110.130.110.29-0.21-0.03-0.02-0.030.190.280.030.90.90.460.860.510.54-0.270.460.530.410.29-0.170.62
0.460.00.01-0.080.61-0.37-0.03-0.030.070.30.360.020.430.240.590.560.160.22-0.190.460.090.840.3-0.010.52
0.340.580.6-0.350.07-0.15-0.01-0.010.090.070.620.060.450.310.420.410.250.710.30.530.090.240.070.330.26
0.420.080.12-0.230.56-0.21-0.08-0.08-0.010.130.51-0.050.290.190.880.570.120.29-0.20.410.840.240.10.00.57
0.7-0.31-0.280.58-0.32-0.830.620.620.660.84-0.210.660.020.280.280.530.07-0.21-0.460.290.30.070.10.240.64
0.060.720.73-0.49-0.16-0.350.20.190.260.220.620.27-0.33-0.350.15-0.15-0.180.040.28-0.17-0.010.330.00.24-0.09
0.94-0.26-0.210.49-0.17-0.730.590.60.590.740.050.620.40.470.720.930.420.11-0.580.620.520.260.570.64-0.09
Click cells to compare fundamentals

AuthID Account Relationship Matchups

AuthID fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.5M13.9M13.8M9.4M15.4M9.3M
Other Current Liab1.4M3.6M1.6M544.7K1.1M1.0M
Total Current Liabilities2.7M2.9M2.9M1.2M1.7M1.6M
Total Stockholder Equity8.3M4.6M10.9M283.5K13.2M13.9M
Net Debt2.3M2.7M(5.3M)4.6M(10.0M)(9.5M)
Retained Earnings(86.9M)(98.2M)(115.9M)(140.1M)(159.5M)(151.6M)
Cash567.1K3.8M6.0M3.2M10.2M10.7M
Cash And Short Term Investments632.4K3.8M6.0M3.2M10.2M10.7M
Common Stock Shares Outstanding2.1M2.3M2.7M3.1M6.2M6.5M
Liabilities And Stockholders Equity13.5M13.9M13.8M9.4M15.4M9.3M
Other Stockholder Equity95.0M102.6M126.6M140.3M172.7M181.4M
Total Liab5.3M9.3M2.9M9.1M2.2M2.1M
Total Current Assets1.7M4.4M6.9M4.3M10.9M11.4M
Common Stock51.8K58.9K2.3K2.5K945.0897.75
Property Plant And Equipment Net115.7K204K333.0K147.7K118.5K0.0
Accounts Payable621.3K311.0K548.1K623.1K339.8K496.2K
Non Current Assets Total11.9M9.5M6.9M5.0M4.5M6.5M
Non Currrent Assets Other83.9K190.4K69.2K278.0K(1.0)(0.95)
Other Assets578.6K612.4K69.2K1.00.90.86
Net Receivables125.9K73.0K26.8K261.8K91.3K131.1K
Intangible Assets5.7M4.5M2.5M566.3K327.0K310.7K
Short Long Term Debt Total2.9M6.5M744.0K7.8M224.4K213.2K
Current Deferred Revenue425.3K237.7K246.8K81.3K255.8K208.0K
Non Current Liabilities Total2.6M6.3M1.6M7.8M549.4K522.0K
Other Current Assets753.5K310.5K979.3K847.8K633.3K538.9K
Short Term Debt282.8K162.6K742.4K662K761.3K431.6K
Inventory173.6K255.0K153.1K498.1K572.8K295.5K
Accumulated Other Comprehensive Income177.4K160.6K211.5K155.9K12.6K12.0K
Net Tangible Assets3.0M(2.7M)(4.1M)8.0M9.2M9.7M
Long Term Debt1.9M2.4M6.3M7.8M224.4K213.2K
Capital Lease Obligations115.5K458.8K215.0K80.4K72.3K68.7K
Net Invested Capital10.7M10.9M11.6M8.1M13.4M9.9M
Net Working Capital(996.0K)1.5M4.0M3.1M9.2M9.7M
Property Plant Equipment204K333.0K97.8K118.5K106.7K154.1K
Capital Stock51.8K58.9K2.3K2.5K945.0897.75

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When determining whether authID Inc is a strong investment it is important to analyze AuthID's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AuthID's future performance. For an informed investment choice regarding AuthID Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in authID 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 gross domestic product.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
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 AuthID. If investors know AuthID 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 AuthID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
0.079
Quarterly Revenue Growth
4.737
Return On Assets
(0.63)
Return On Equity
(1.13)
The market value of authID Inc is measured differently than its book value, which is the value of AuthID that is recorded on the company's balance sheet. Investors also form their own opinion of AuthID's value that differs from its market value or its book value, called intrinsic value, which is AuthID'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 AuthID's market value can be influenced by many factors that don't directly affect AuthID'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 AuthID's value and its price as these two are different measures arrived at by different means. Investors typically determine if AuthID is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AuthID'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.