AirIQ Good Will vs Non Currrent Assets Other Analysis

IQ Stock  CAD 0.34  0.01  2.86%   
AirIQ financial indicator trend analysis is way more than just evaluating AirIQ Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AirIQ Inc is a good investment. Please check the relationship between AirIQ Good Will and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AirIQ 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 board of governors.

Good Will vs Non Currrent Assets Other

Good Will vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AirIQ Inc Good Will account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AirIQ's Good Will and Non Currrent Assets Other is -0.13. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of AirIQ Inc, assuming nothing else is changed. The correlation between historical values of AirIQ's Good Will 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 Good Will of AirIQ 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 Good Will i.e., AirIQ's Good Will and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 AirIQ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AirIQ 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AirIQ 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 board of governors.
At this time, AirIQ's Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Sales General And Administrative To Revenue is likely to drop 0.34 in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue5.0M5.5M5.0M6.1M
Depreciation And Amortization601K667K600.3K570.3K

AirIQ fundamental ratios Correlations

0.30.960.93-0.94-0.080.360.890.970.30.95-0.170.58-0.630.190.160.960.62-0.27-0.16-0.27-0.360.250.960.25-0.28
0.30.270.3-0.33-0.780.790.440.220.50.360.230.60.210.820.980.39-0.130.060.02-0.79-0.14-0.570.280.66-0.79
0.960.270.85-0.93-0.020.360.920.970.340.9-0.120.53-0.660.170.130.890.59-0.33-0.14-0.2-0.310.290.920.25-0.21
0.930.30.85-0.84-0.170.320.750.890.260.86-0.180.63-0.530.250.180.910.5-0.12-0.28-0.33-0.440.180.890.23-0.34
-0.94-0.33-0.93-0.840.05-0.43-0.97-0.88-0.4-0.980.24-0.560.64-0.17-0.19-0.95-0.610.410.040.240.31-0.26-0.91-0.230.25
-0.08-0.78-0.02-0.170.05-0.51-0.1-0.02-0.12-0.07-0.39-0.65-0.31-0.98-0.79-0.150.05-0.270.190.980.250.91-0.1-0.450.97
0.360.790.360.32-0.43-0.510.540.280.630.450.170.30.030.550.740.430.06-0.470.07-0.540.09-0.270.250.15-0.54
0.890.440.920.75-0.97-0.10.540.820.540.95-0.150.54-0.580.230.30.90.5-0.470.04-0.26-0.230.230.850.29-0.26
0.970.220.970.89-0.88-0.020.280.820.180.87-0.190.5-0.630.140.080.870.62-0.21-0.22-0.21-0.40.270.910.21-0.22
0.30.50.340.26-0.4-0.120.630.540.180.430.340.29-0.10.20.450.43-0.22-0.540.26-0.130.360.190.320.25-0.13
0.950.360.90.86-0.98-0.070.450.950.870.43-0.230.56-0.620.180.220.980.59-0.41-0.01-0.25-0.290.270.920.23-0.26
-0.170.23-0.12-0.180.24-0.390.17-0.15-0.190.34-0.230.310.150.420.24-0.13-0.09-0.030.0-0.320.51-0.34-0.010.18-0.31
0.580.60.530.63-0.56-0.650.30.540.50.290.560.31-0.110.720.550.640.290.18-0.18-0.73-0.4-0.40.690.63-0.74
-0.630.21-0.66-0.530.64-0.310.03-0.58-0.63-0.1-0.620.15-0.110.220.39-0.59-0.660.42-0.17-0.16-0.11-0.48-0.650.18-0.16
0.190.820.170.25-0.17-0.980.550.230.140.20.180.420.720.220.810.240.010.22-0.19-0.98-0.27-0.850.220.51-0.98
0.160.980.130.18-0.19-0.790.740.30.080.450.220.240.550.390.810.25-0.250.14-0.02-0.78-0.15-0.620.140.65-0.77
0.960.390.890.91-0.95-0.150.430.90.870.430.98-0.130.64-0.590.240.250.57-0.32-0.07-0.32-0.290.210.950.29-0.33
0.62-0.130.590.5-0.610.050.060.50.62-0.220.59-0.090.29-0.660.01-0.250.57-0.37-0.03-0.1-0.120.140.63-0.21-0.11
-0.270.06-0.33-0.120.41-0.27-0.47-0.47-0.21-0.54-0.41-0.030.180.420.220.14-0.32-0.37-0.36-0.21-0.47-0.42-0.190.52-0.21
-0.160.02-0.14-0.280.040.190.070.04-0.220.26-0.010.0-0.18-0.17-0.19-0.02-0.07-0.03-0.360.230.460.16-0.15-0.180.23
-0.27-0.79-0.2-0.330.240.98-0.54-0.26-0.21-0.13-0.25-0.32-0.73-0.16-0.98-0.78-0.32-0.1-0.210.230.330.85-0.27-0.461.0
-0.36-0.14-0.31-0.440.310.250.09-0.23-0.40.36-0.290.51-0.4-0.11-0.27-0.15-0.29-0.12-0.470.460.330.22-0.29-0.310.33
0.25-0.570.290.18-0.260.91-0.270.230.270.190.27-0.34-0.4-0.48-0.85-0.620.210.14-0.420.160.850.220.24-0.30.84
0.960.280.920.89-0.91-0.10.250.850.910.320.92-0.010.69-0.650.220.140.950.63-0.19-0.15-0.27-0.290.240.37-0.28
0.250.660.250.23-0.23-0.450.150.290.210.250.230.180.630.180.510.650.29-0.210.52-0.18-0.46-0.31-0.30.37-0.46
-0.28-0.79-0.21-0.340.250.97-0.54-0.26-0.22-0.13-0.26-0.31-0.74-0.16-0.98-0.77-0.33-0.11-0.210.231.00.330.84-0.28-0.46
Click cells to compare fundamentals

AirIQ Account Relationship Matchups

AirIQ fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.9M4.6M8.4M9.1M8.2M10.8M
Total Current Liabilities1.1M1.3M1.4M1.1M1.0M976.4K
Total Stockholder Equity2.7M3.2M7.0M7.9M7.1M6.0M
Property Plant And Equipment Net465K908K938K936K842.4K1.4M
Net Debt(1.7M)(1.8M)(2.2M)(3.1M)(3.6M)(3.4M)
Retained Earnings(96.0M)(95.4M)(91.7M)(90.9M)(81.8M)(85.9M)
Accounts Payable574K700K767K593K533.7K507.0K
Cash1.8M1.9M2.2M3.1M2.8M2.1M
Non Current Assets Total1.1M1.6M4.9M5.1M4.6M5.1M
Cash And Short Term Investments1.8M1.9M2.2M3.1M2.8M3.8M
Net Receivables499K395K567K251K225.9K214.6K
Common Stock Shares Outstanding30.9M31.3M30.5M30.1M34.6M36.4M
Liabilities And Stockholders Equity3.9M4.6M8.4M9.1M8.2M10.8M
Non Current Liabilities Total201K124K106K68K61.2K58.1K
Other Stockholder Equity7.3M7.2M7.3M7.4M6.7M6.4M
Total Liab1.2M1.4M1.5M1.2M1.1M1.0M
Total Current Assets2.8M2.9M3.5M4.0M3.6M5.7M
Other Current Assets77K120K133K145K130.5K187.7K
Short Term Debt23K26K36K(549K)(494.1K)(469.4K)
Inventory355K515K639K484K435.6K725.1K
Intangible Assets683K719K1.0M1.2M1.1M1.5M
Current Deferred Revenue431K522K586K549K494.1K469.4K
Common Stock91.5M91.4M91.4M91.3M105.0M100.3M
Other Liab100K124K30K78K70.2K106.8K
Net Tangible Assets1.6M2.0M2.4M5.9M6.8M7.2M
Property Plant Equipment296K348K465K908K1.0M1.1M
Net Invested Capital2.8M3.2M7.0M7.9M9.1M9.5M
Net Working Capital1.7M1.6M2.2M2.9M3.3M1.7M
Capital Stock91.5M91.4M91.4M91.3M82.2M73.1M
Property Plant And Equipment Gross767K1.2M1.4M1.6M1.8M1.2M

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Additional Tools for AirIQ Stock Analysis

When running AirIQ's price analysis, check to measure AirIQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AirIQ is operating at the current time. Most of AirIQ's value examination focuses on studying past and present price action to predict the probability of AirIQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AirIQ's price. Additionally, you may evaluate how the addition of AirIQ to your portfolios can decrease your overall portfolio volatility.