AirIQ Short Term Debt vs Property Plant And Equipment Net Analysis

IQ Stock

CAD 0.44 0.01 2.22%

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 Short Term Debt and its Property Plant And Equipment Net 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.

Short Term Debt vs Property Plant And Equipment Net

Short Term Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AirIQ Inc Short Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between AirIQ's Short Term Debt and Property Plant And Equipment Net is -0.48. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Net 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 Short Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of AirIQ Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Debt i.e., AirIQ's Short Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Short Term Debt

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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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