AirIQ Net Receivables vs Total Revenue Analysis

IQ Stock

CAD 0.45 0.09 25.00%

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 Net Receivables and its Total Revenue 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.

Net Receivables vs Total Revenue

Net Receivables vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AirIQ Inc Net Receivables account and Total Revenue. At this time, the significance of the direction appears to have almost no relationship.

The correlation between AirIQ's Net Receivables and Total Revenue is 0.15. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue 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 Net Receivables and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of AirIQ Inc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., AirIQ's Net Receivables and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Total Revenue

Total revenue comprises all receipts AirIQ Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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.

AirIQ reported Tax Provision of (2.83 Million) in 2023. Sales General And Administrative To Revenue is likely to climb to 0.54 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	4.4M	5.0M	5.5M	6.1M
Depreciation And Amortization	478K	601K	667K	633.7K

Total Revenue Depreciation And Amortization

AirIQ fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Assets	Short Long Term Debt Total	Other Current Liab	Short Term Investments	Short Term Debt	Inventory	Intangible Assets	Current Deferred Revenue	Good Will
Total Assets		0.39	0.96	0.92	-0.93	-0.18	0.44	0.87	0.97	0.37	0.94	-0.05	0.22	-0.57	0.3	0.27	0.96	-0.17	-0.14	0.17	-0.26	-0.31	0.25	0.95	0.33	-0.27
Total Current Liabilities	0.39		0.35	0.32	-0.47	-0.78	0.79	0.52	0.3	0.49	0.44	0.21	0.65	0.18	0.82	0.98	0.47	0.04	0.0	-0.12	-0.8	-0.18	-0.55	0.36	0.65	-0.8
Total Stockholder Equity	0.96	0.35		0.91	-0.92	-0.1	0.42	0.9	0.96	0.43	0.9	0.02	0.28	-0.6	0.25	0.22	0.89	-0.25	-0.12	0.1	-0.19	-0.23	0.3	0.92	0.31	-0.21
Property Plant And Equipment Net	0.92	0.32	0.91		-0.86	-0.2	0.34	0.81	0.92	0.18	0.85	-0.18	0.25	-0.53	0.32	0.21	0.85	-0.08	-0.26	0.31	-0.28	-0.48	0.17	0.86	0.27	-0.3
Net Debt	-0.93	-0.47	-0.92	-0.86		0.16	-0.56	-0.98	-0.85	-0.56	-0.99	0.07	-0.27	0.56	-0.29	-0.34	-0.96	0.36	-0.01	-0.04	0.24	0.21	-0.27	-0.9	-0.34	0.25
Retained Earnings	-0.18	-0.78	-0.1	-0.2	0.16		-0.51	-0.17	-0.11	-0.1	-0.16	-0.37	-0.68	-0.26	-0.98	-0.79	-0.24	-0.26	0.22	-0.2	1.0	0.31	0.89	-0.19	-0.45	0.99
Accounts Payable	0.44	0.79	0.42	0.34	-0.56	-0.51		0.61	0.35	0.62	0.53	0.17	0.3	0.0	0.55	0.75	0.5	-0.48	0.06	-0.16	-0.55	0.06	-0.25	0.31	0.15	-0.55
Cash	0.87	0.52	0.9	0.81	-0.98	-0.17	0.61		0.79	0.65	0.94	-0.02	0.35	-0.51	0.31	0.4	0.9	-0.43	0.07	-0.05	-0.25	-0.15	0.24	0.84	0.35	-0.26
Non Current Assets Total	0.97	0.3	0.96	0.92	-0.85	-0.11	0.35	0.79		0.24	0.85	-0.07	0.17	-0.56	0.24	0.18	0.87	-0.11	-0.21	0.2	-0.2	-0.34	0.28	0.9	0.28	-0.21
Non Currrent Assets Other	0.37	0.49	0.43	0.18	-0.56	-0.1	0.62	0.65	0.24		0.51	0.35	0.39	-0.16	0.19	0.43	0.48	-0.6	0.25	-0.55	-0.14	0.34	0.19	0.38	0.24	-0.14
Cash And Short Term Investments	0.94	0.44	0.9	0.85	-0.99	-0.16	0.53	0.94	0.85	0.51		-0.12	0.21	-0.56	0.28	0.32	0.98	-0.32	0.02	0.07	-0.24	-0.24	0.28	0.91	0.31	-0.25
Net Receivables	-0.05	0.21	0.02	-0.18	0.07	-0.37	0.17	-0.02	-0.07	0.35	-0.12		0.59	0.03	0.4	0.21	-0.03	-0.13	-0.04	-0.03	-0.36	0.47	-0.33	0.11	0.16	-0.36
Common Stock Shares Outstanding	0.22	0.65	0.28	0.25	-0.27	-0.68	0.3	0.35	0.17	0.39	0.21	0.59		0.18	0.76	0.65	0.26	0.17	-0.09	0.13	-0.7	-0.18	-0.55	0.35	0.67	-0.7
Non Current Liabilities Total	-0.57	0.18	-0.6	-0.53	0.56	-0.26	0.0	-0.51	-0.56	-0.16	-0.56	0.03	0.18		0.17	0.36	-0.54	0.37	-0.21	0.03	-0.2	-0.22	-0.49	-0.6	0.15	-0.19
Other Stockholder Equity	0.3	0.82	0.25	0.32	-0.29	-0.98	0.55	0.31	0.24	0.19	0.28	0.4	0.76	0.17		0.81	0.35	0.21	-0.22	0.19	-0.99	-0.31	-0.82	0.32	0.52	-0.99
Total Liab	0.27	0.98	0.22	0.21	-0.34	-0.79	0.75	0.4	0.18	0.43	0.32	0.21	0.65	0.36	0.81		0.35	0.11	-0.04	-0.11	-0.8	-0.21	-0.61	0.24	0.65	-0.8
Total Current Assets	0.96	0.47	0.89	0.85	-0.96	-0.24	0.5	0.9	0.87	0.48	0.98	-0.03	0.26	-0.54	0.35	0.35		-0.23	-0.06	0.11	-0.31	-0.26	0.21	0.95	0.37	-0.33
Other Current Assets	-0.17	0.04	-0.25	-0.08	0.36	-0.26	-0.48	-0.43	-0.11	-0.6	-0.32	-0.13	0.17	0.37	0.21	0.11	-0.23		-0.38	0.29	-0.22	-0.57	-0.39	-0.09	0.51	-0.22
Short Long Term Debt Total	-0.14	0.0	-0.12	-0.26	-0.01	0.22	0.06	0.07	-0.21	0.25	0.02	-0.04	-0.09	-0.21	-0.22	-0.04	-0.06	-0.38		-0.22	0.22	0.46	0.17	-0.14	-0.2	0.23
Other Current Liab	0.17	-0.12	0.1	0.31	-0.04	-0.2	-0.16	-0.05	0.2	-0.55	0.07	-0.03	0.13	0.03	0.19	-0.11	0.11	0.29	-0.22		-0.2	-0.55	-0.22	0.19	-0.03	-0.21
Short Term Investments	-0.26	-0.8	-0.19	-0.28	0.24	1.0	-0.55	-0.25	-0.2	-0.14	-0.24	-0.36	-0.7	-0.2	-0.99	-0.8	-0.31	-0.22	0.22	-0.2		0.32	0.85	-0.26	-0.47	1.0
Short Term Debt	-0.31	-0.18	-0.23	-0.48	0.21	0.31	0.06	-0.15	-0.34	0.34	-0.24	0.47	-0.18	-0.22	-0.31	-0.21	-0.26	-0.57	0.46	-0.55	0.32		0.23	-0.25	-0.35	0.33
Inventory	0.25	-0.55	0.3	0.17	-0.27	0.89	-0.25	0.24	0.28	0.19	0.28	-0.33	-0.55	-0.49	-0.82	-0.61	0.21	-0.39	0.17	-0.22	0.85	0.23		0.23	-0.28	0.85
Intangible Assets	0.95	0.36	0.92	0.86	-0.9	-0.19	0.31	0.84	0.9	0.38	0.91	0.11	0.35	-0.6	0.32	0.24	0.95	-0.09	-0.14	0.19	-0.26	-0.25	0.23		0.45	-0.28
Current Deferred Revenue	0.33	0.65	0.31	0.27	-0.34	-0.45	0.15	0.35	0.28	0.24	0.31	0.16	0.67	0.15	0.52	0.65	0.37	0.51	-0.2	-0.03	-0.47	-0.35	-0.28	0.45		-0.47
Good Will	-0.27	-0.8	-0.21	-0.3	0.25	0.99	-0.55	-0.26	-0.21	-0.14	-0.25	-0.36	-0.7	-0.19	-0.99	-0.8	-0.33	-0.22	0.23	-0.21	1.0	0.33	0.85	-0.28	-0.47

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AirIQ Account Relationship Matchups

AirIQ fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.1M	3.9M	4.6M	8.4M	9.1M	10.8M
Total Current Liabilities	1.6M	1.1M	1.3M	1.4M	1.1M	1.1M
Total Stockholder Equity	2.3M	2.7M	3.2M	7.0M	7.9M	6.0M
Property Plant And Equipment Net	348K	465K	908K	938K	1.7M	1.4M
Net Debt	(2.1M)	(1.7M)	(1.8M)	(2.2M)	(3.1M)	(3.0M)
Retained Earnings	(96.4M)	(96.0M)	(95.4M)	(91.7M)	(90.9M)	(95.4M)
Accounts Payable	761K	574K	700K	767K	593K	563.4K
Cash	2.2M	1.8M	1.9M	2.2M	3.1M	2.1M
Non Current Assets Total	1.0M	1.1M	1.6M	4.9M	5.1M	5.1M
Cash And Short Term Investments	2.2M	1.8M	1.9M	2.2M	3.1M	3.8M
Net Receivables	347K	499K	433K	567K	251K	238.5K
Common Stock Shares Outstanding	30.9M	30.9M	31.3M	30.5M	30.1M	15.6M
Liabilities And Stockholders Equity	4.1M	3.9M	4.6M	8.4M	9.1M	10.8M
Other Stockholder Equity	7.3M	7.3M	7.2M	7.3M	7.4M	7.1M
Total Liab	1.8M	1.2M	1.4M	1.5M	1.2M	1.1M
Total Current Assets	3.0M	2.8M	2.9M	3.5M	4.0M	5.7M
Other Current Assets	115K	77K	82K	133K	145K	241.4K
Inventory	373K	355K	515K	639K	484K	725.1K
Intangible Assets	659K	683K	719K	1.0M	1.2M	1.5M
Current Deferred Revenue	737K	431K	522K	586K	549K	521.6K
Other Liab	100K	124K	30K	78K	70.2K	106.8K
Net Tangible Assets	1.6M	2.0M	2.4M	5.9M	6.8M	7.2M
Property Plant Equipment	296K	348K	465K	908K	1.0M	1.1M
Net Invested Capital	2.3M	2.8M	3.2M	7.0M	7.9M	4.1M
Net Working Capital	1.5M	1.7M	1.6M	2.2M	2.9M	1.7M

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