Ageagle Intangible Assets vs Net Invested Capital Analysis

UAVS Stock  USD 3.49  0.29  9.06%   
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 Intangible Assets and its Net Invested Capital 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.

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ageagle Aerial Systems Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ageagle Aerial's Intangible Assets and Net Invested Capital is 0.82. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital 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 Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Ageagle Aerial Systems are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., Ageagle Aerial's Intangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Expenses27.7M41.7M52.9M55.5M
Total Revenue9.8M19.1M13.7M14.4M

Ageagle Aerial fundamental ratios Correlations

0.280.050.88-0.090.420.38-0.40.120.880.330.080.390.07-0.33-0.3-0.150.780.490.070.370.90.530.78-0.22-0.1
0.280.130.19-0.580.32-0.240.10.650.550.770.280.330.580.030.020.23-0.110.32-0.180.460.080.03-0.10.480.43
0.050.13-0.20.120.580.00.050.270.31-0.430.340.920.710.480.50.710.330.86-0.150.760.290.410.330.460.33
0.880.19-0.2-0.150.380.41-0.320.080.70.370.040.12-0.19-0.74-0.71-0.550.680.290.380.170.730.40.68-0.19-0.07
-0.09-0.580.12-0.15-0.390.46-0.47-0.92-0.14-0.52-0.540.03-0.050.160.19-0.140.320.060.24-0.30.16-0.060.31-0.57-0.82
0.420.320.580.38-0.390.180.040.590.51-0.060.690.680.33-0.15-0.120.230.530.72-0.030.740.430.470.540.620.57
0.38-0.240.00.410.460.18-0.49-0.450.29-0.240.20.11-0.06-0.29-0.24-0.370.610.230.10.160.49-0.250.61-0.25-0.42
-0.40.10.05-0.32-0.470.04-0.490.46-0.31-0.010.27-0.080.070.080.040.18-0.48-0.140.110.01-0.43-0.17-0.480.390.56
0.120.650.270.08-0.920.59-0.450.460.270.380.640.330.340.020.00.4-0.180.28-0.290.57-0.040.21-0.170.730.91
0.880.550.310.7-0.140.510.29-0.310.270.350.130.650.49-0.13-0.10.080.670.71-0.020.610.880.530.670.030.0
0.330.77-0.430.37-0.52-0.06-0.24-0.010.380.35-0.04-0.21-0.01-0.26-0.28-0.21-0.14-0.17-0.07-0.06-0.03-0.11-0.140.020.13
0.080.280.340.04-0.540.690.20.270.640.13-0.040.340.260.050.060.320.060.31-0.340.620.01-0.160.070.70.74
0.390.330.920.120.030.680.11-0.080.330.65-0.210.340.770.330.360.60.530.97-0.130.850.580.540.530.390.28
0.070.580.71-0.19-0.050.33-0.060.070.340.49-0.010.260.770.480.480.620.020.7-0.20.710.250.160.020.490.26
-0.330.030.48-0.740.16-0.15-0.290.080.02-0.13-0.260.050.330.481.00.89-0.250.12-0.670.2-0.19-0.05-0.250.070.01
-0.30.020.5-0.710.19-0.12-0.240.040.0-0.1-0.280.060.360.481.00.88-0.190.15-0.670.22-0.14-0.03-0.190.06-0.02
-0.150.230.71-0.55-0.140.23-0.370.180.40.08-0.210.320.60.620.890.88-0.130.4-0.630.56-0.040.2-0.130.370.38
0.78-0.110.330.680.320.530.61-0.48-0.180.67-0.140.060.530.02-0.25-0.19-0.130.640.150.350.860.521.0-0.25-0.29
0.490.320.860.290.060.720.23-0.140.280.71-0.170.310.970.70.120.150.40.640.030.820.670.560.650.350.22
0.07-0.18-0.150.380.24-0.030.10.11-0.29-0.02-0.07-0.34-0.13-0.2-0.67-0.67-0.630.150.03-0.190.090.120.15-0.08-0.16
0.370.460.760.17-0.30.740.160.010.570.61-0.060.620.850.710.20.220.560.350.82-0.190.450.320.360.560.54
0.90.080.290.730.160.430.49-0.43-0.040.88-0.030.010.580.25-0.19-0.14-0.040.860.670.090.450.610.86-0.23-0.23
0.530.030.410.4-0.060.47-0.25-0.170.210.53-0.11-0.160.540.16-0.05-0.030.20.520.560.120.320.610.530.00.07
0.78-0.10.330.680.310.540.61-0.48-0.170.67-0.140.070.530.02-0.25-0.19-0.131.00.650.150.360.860.53-0.24-0.27
-0.220.480.46-0.19-0.570.62-0.250.390.730.030.020.70.390.490.070.060.37-0.250.35-0.080.56-0.230.0-0.240.82
-0.10.430.33-0.07-0.820.57-0.420.560.910.00.130.740.280.260.01-0.020.38-0.290.22-0.160.54-0.230.07-0.270.82
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Ageagle Aerial Account Relationship Matchups

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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.