Ageagle Cash vs Property Plant And Equipment Gross Analysis
UAVS Stock | USD 5.97 2.48 71.06% |
Ageagle Aerial financial indicator trend analysis is way more than just evaluating Ageagle Aerial Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ageagle Aerial Systems is a good investment. Please check the relationship between Ageagle Aerial Cash and its Property Plant And Equipment Gross accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ageagle Aerial Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Cash vs Property Plant And Equipment Gross
Cash vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ageagle Aerial Systems Cash account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ageagle Aerial's Cash and Property Plant And Equipment Gross is -0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Ageagle Aerial Systems, assuming nothing else is changed. The correlation between historical values of Ageagle Aerial's Cash and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Ageagle Aerial Systems are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Cash i.e., Ageagle Aerial's Cash and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Ageagle Aerial Systems, which is listed under current asset account on Ageagle Aerial Systems balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ageagle Aerial customers. The amounts must be unrestricted with restricted cash listed in a different Ageagle Aerial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Property Plant And Equipment Gross
Most indicators from Ageagle Aerial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ageagle Aerial Systems 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Ageagle Aerial Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, Ageagle Aerial's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.98 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 27.7M | 41.7M | 52.9M | 55.5M | Total Revenue | 9.8M | 19.1M | 13.7M | 14.4M |
Ageagle Aerial fundamental ratios Correlations
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Ageagle Aerial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Ageagle Stock Analysis
When running Ageagle Aerial's price analysis, check to measure Ageagle Aerial'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 Ageagle Aerial is operating at the current time. Most of Ageagle Aerial's value examination focuses on studying past and present price action to predict the probability of Ageagle Aerial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ageagle Aerial's price. Additionally, you may evaluate how the addition of Ageagle Aerial to your portfolios can decrease your overall portfolio volatility.