AGBA Total Operating Expenses vs Depreciation And Amortization 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 Total Operating Expenses and its Depreciation And Amortization 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.

Total Operating Expenses vs Depreciation And Amortization

Total Operating Expenses vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AGBA Acquisition Total Operating Expenses account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AGBA Acquisition's Total Operating Expenses and Depreciation And Amortization is 0.94. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Depreciation And Amortization 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 Total Operating Expenses and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of AGBA Acquisition Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Operating Expenses i.e., AGBA Acquisition's Total Operating Expenses and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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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