AGBA Retained Earnings vs Other Current Liab Analysis

AGBAW Stock  USD 0.19  0.01  5.00%   
AGBA Acquisition financial indicator trend analysis is way more than just evaluating AGBA Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AGBA Acquisition is a good investment. Please check the relationship between AGBA Acquisition Retained Earnings and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGBA Acquisition Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AGBA Stock please use our How to Invest in AGBA Acquisition guide.

Retained Earnings vs Other Current Liab

Retained Earnings vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AGBA Acquisition Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AGBA Acquisition's Retained Earnings and Other Current Liab is -0.21. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of AGBA Acquisition Limited, assuming nothing else is changed. The correlation between historical values of AGBA Acquisition's Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of AGBA Acquisition Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., AGBA Acquisition's Retained Earnings and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Liab

Most indicators from AGBA Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AGBA Acquisition 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AGBA Acquisition Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AGBA Stock please use our How to Invest in AGBA Acquisition guide.At this time, AGBA Acquisition's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.72 in 2024, whereas Tax Provision is likely to drop slightly above 272.2 K in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization683.8K74.8M107.4M112.8M
Interest Income10.7K99.1K383.7K215.4K

AGBA Acquisition fundamental ratios Correlations

0.730.830.860.380.48-0.330.870.40.710.290.960.820.620.940.67-0.480.50.310.510.780.940.79-0.780.550.78
0.730.40.42-0.170.93-0.450.460.061.0-0.060.840.60.170.560.51-0.030.05-0.040.120.360.620.39-0.590.290.48
0.830.40.950.330.16-0.210.740.40.360.670.750.50.560.920.43-0.670.450.220.620.680.830.68-0.650.390.65
0.860.420.950.260.17-0.460.820.660.370.650.80.490.770.90.3-0.820.680.380.810.70.930.7-0.840.630.85
0.38-0.170.330.26-0.420.540.55-0.02-0.17-0.060.170.660.310.430.69-0.040.30.430.050.610.270.60.040.150.14
0.480.930.160.17-0.42-0.430.21-0.080.94-0.060.660.39-0.10.270.340.1-0.2-0.1-0.040.00.340.03-0.430.060.24
-0.33-0.45-0.21-0.460.54-0.43-0.28-0.78-0.4-0.26-0.460.08-0.6-0.230.390.62-0.59-0.2-0.68-0.1-0.53-0.10.82-0.69-0.73
0.870.460.740.820.550.21-0.280.550.420.340.820.810.750.790.62-0.620.670.690.70.720.860.73-0.760.710.8
0.40.060.40.66-0.02-0.08-0.780.550.00.450.40.060.910.38-0.29-0.890.930.560.910.350.640.35-0.830.850.86
0.711.00.360.37-0.170.94-0.40.420.0-0.090.810.60.110.540.530.02-0.01-0.080.060.330.580.35-0.540.220.43
0.29-0.060.670.65-0.06-0.06-0.260.340.45-0.090.32-0.050.30.34-0.13-0.790.250.360.64-0.020.33-0.02-0.450.090.33
0.960.840.750.80.170.66-0.460.820.40.810.320.770.550.840.59-0.480.420.340.510.60.880.61-0.830.510.77
0.820.60.50.490.660.390.080.810.060.6-0.050.770.360.670.93-0.10.270.470.160.630.630.64-0.420.320.46
0.620.170.560.770.31-0.1-0.60.750.910.110.30.550.360.630.05-0.80.990.550.860.680.810.68-0.830.920.94
0.940.560.920.90.430.27-0.230.790.380.540.340.840.670.630.57-0.50.520.150.510.870.930.88-0.680.50.74
0.670.510.430.30.690.340.390.62-0.290.53-0.130.590.930.050.570.17-0.050.24-0.120.540.410.55-0.110.020.15
-0.48-0.03-0.67-0.82-0.040.10.62-0.62-0.890.02-0.79-0.48-0.1-0.8-0.50.17-0.78-0.57-0.95-0.32-0.65-0.310.8-0.65-0.78
0.50.050.450.680.3-0.2-0.590.670.93-0.010.250.420.270.990.52-0.05-0.780.560.840.620.720.62-0.760.920.89
0.31-0.040.220.380.43-0.1-0.20.690.56-0.080.360.340.470.550.150.24-0.570.560.610.110.310.11-0.470.50.47
0.510.120.620.810.05-0.04-0.680.70.910.060.640.510.160.860.51-0.12-0.950.840.610.410.720.41-0.840.820.85
0.780.360.680.70.610.0-0.10.720.350.33-0.020.60.630.680.870.54-0.320.620.110.410.831.0-0.510.630.68
0.940.620.830.930.270.34-0.530.860.640.580.330.880.630.810.930.41-0.650.720.310.720.830.83-0.890.760.93
0.790.390.680.70.60.03-0.10.730.350.35-0.020.610.640.680.880.55-0.310.620.110.411.00.83-0.520.620.69
-0.78-0.59-0.65-0.840.04-0.430.82-0.76-0.83-0.54-0.45-0.83-0.42-0.83-0.68-0.110.8-0.76-0.47-0.84-0.51-0.89-0.52-0.81-0.96
0.550.290.390.630.150.06-0.690.710.850.220.090.510.320.920.50.02-0.650.920.50.820.630.760.62-0.810.9
0.780.480.650.850.140.24-0.730.80.860.430.330.770.460.940.740.15-0.780.890.470.850.680.930.69-0.960.9
Click cells to compare fundamentals

AGBA Acquisition Account Relationship Matchups

AGBA Acquisition fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets47.6M176.9M122.5M101.2M66.6M94.4M
Short Long Term Debt Total543.2K125.6M3.7M4.5M18.7M20.4M
Other Current Liab11.8K44.3M57.5M72.3M16.8M16.0M
Total Current Liabilities554.9K56.8M61.4M97.0M47.8M48.3M
Total Stockholder Equity47.6M(5.4M)61.1M4.2M8.1M15.4M
Net Debt(386.1K)108.1M(34.9M)(2.0M)2.3K2.2K
Retained Earnings44.6M(44.3M)52.1M(39.4M)(65.6M)(62.3M)
Non Current Assets Total46.6M105.8M38.7M45.5M41.0M50.9M
Liabilities And Stockholders Equity47.6M176.9M122.5M101.2M66.6M94.4M
Non Current Liabilities Total2.4M125.5M2.3M50.4K10.6M18.8M
Other Current Assets47.6M31.7K44.0M46.5B(25.6M)(24.3M)
Total Liab46.0M182.3M61.4M97.1M58.5M81.6M
Net Invested Capital46.0M47.1M37.3M8.6M14.9M20.5M
Short Long Term Debt543.2K1.4M3.7M4.5M6.8M7.1M
Total Current Assets955.4K71.2M83.8M55.8M25.6M43.5M
Capital Stock41.0M40.7M40.4M60.0K68.7K65.2K
Net Working Capital400.4K(1.5M)(4.5M)(41.3M)(22.2M)(21.1M)
Short Term Debt543.2K73.8K3.7M4.5M8.0M8.4M

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When running AGBA Acquisition's price analysis, check to measure AGBA Acquisition'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 AGBA Acquisition is operating at the current time. Most of AGBA Acquisition's value examination focuses on studying past and present price action to predict the probability of AGBA Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGBA Acquisition's price. Additionally, you may evaluate how the addition of AGBA Acquisition to your portfolios can decrease your overall portfolio volatility.