Ainos Net Tangible Assets vs Net Working Capital Analysis
AIMD Stock | USD 0.48 0.01 2.04% |
Ainos financial indicator trend analysis is way more than just evaluating Ainos Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ainos Inc is a good investment. Please check the relationship between Ainos Net Tangible Assets and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ainos 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 population.
Net Tangible Assets vs Net Working Capital
Net Tangible Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ainos Inc Net Tangible Assets account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ainos' Net Tangible Assets and Net Working Capital is 0.44. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Ainos Inc, assuming nothing else is changed. The correlation between historical values of Ainos' Net Tangible Assets and Net Working 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 Net Tangible Assets of Ainos Inc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Tangible Assets i.e., Ainos' Net Tangible Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Net Working Capital
Most indicators from Ainos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ainos 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ainos 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 population. As of November 15, 2024, Selling General Administrative is expected to decline to about 687.5 K. In addition to that, Tax Provision is expected to decline to 440.00
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 594.6K | 3.5M | 122.1K | 116.0K | Interest Expense | 18.7K | 53.5K | 144.2K | 151.4K |
Ainos fundamental ratios Correlations
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Ainos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ainos fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 596.6K | 260.3K | 40.8M | 37.1M | 31.8M | 33.4M | |
Short Long Term Debt Total | 444.6K | 953.0K | 3.6M | 1.3M | 6.0M | 6.3M | |
Other Current Liab | 100K | 145.6K | 27.0M | 1.2M | 1.2M | 1.7M | |
Total Current Liabilities | 753.3K | 1.1M | 30.6M | 2.5M | 1.3M | 1.3M | |
Total Stockholder Equity | (156.7K) | (838.3K) | 10.2M | 34.6M | 24.4M | 25.7M | |
Property Plant And Equipment Net | 5.1K | 3.2K | 1.2M | 1.4M | 876.6K | 920.4K | |
Net Debt | 35.5K | 930.8K | 1.9M | (584.7K) | 4.1M | 4.3M | |
Retained Earnings | (4.8M) | (6.2M) | (10.1M) | (24.1M) | (37.9M) | (36.0M) | |
Accounts Payable | 115.3K | 208.7K | 145.6K | 1.0M | 904.4K | 949.6K | |
Cash | 409.0K | 22.2K | 1.8M | 1.9M | 1.9M | 2.0M | |
Non Current Assets Total | 151.3K | 183.9K | 38.6M | 34.3M | 29.4M | 30.8M | |
Cash And Short Term Investments | 409.0K | 22.2K | 1.8M | 1.9M | 1.9M | 2.0M | |
Common Stock Shares Outstanding | 532.0K | 543.1K | 1.5M | 2.7M | 4.1M | 4.3M | |
Liabilities And Stockholders Equity | 596.6K | 260.3K | 40.8M | 37.1M | 31.8M | 33.4M | |
Non Current Liabilities Total | 653.3K | 1.1M | 30.3K | 8.1K | 6.1M | 6.4M | |
Other Stockholder Equity | 4.2M | 5.0M | 18.9M | 58.7M | 62.6M | 65.7M | |
Total Liab | 753.3K | 1.1M | 30.6M | 2.5M | 7.4M | 4.1M | |
Total Current Assets | 445.3K | 76.4K | 2.2M | 2.8M | 2.5M | 2.6M | |
Intangible Assets | 146.3K | 180.6K | 37.3M | 32.8M | 28.3M | 29.7M | |
Other Current Assets | 32.1K | 51.1K | 466.2K | 195.8K | 419.5K | 440.5K | |
Common Stock | 405.2K | 420.7K | 1.4M | 200.1K | 46.8K | 44.4K | |
Inventory | 0.0 | 4.1K | 3.0K | 595.2K | 167.6K | 96.3K | |
Short Term Debt | 444.6K | 953.0K | 3.6M | 1.3M | 42K | 39.9K | |
Net Tangible Assets | 583.6K | (302.9K) | (1.0M) | (27.1M) | (24.4M) | (23.2M) | |
Net Invested Capital | 287.9K | 114.7K | 39.8M | 35.9M | 30.4M | 17.1M | |
Short Long Term Debt | 444.6K | 953.0K | 29.6M | 1.3M | 42K | 39.9K | |
Net Working Capital | (308.0K) | (1.0M) | (28.4M) | 373.0K | 1.1M | 1.2M | |
Property Plant Equipment | 14.0K | 5.1K | 3.2K | 1.2M | 1.4M | 1.4M | |
Capital Stock | 405.2K | 420.7K | 1.4M | 200.1K | 46.8K | 44.4K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ainos Inc is a strong investment it is important to analyze Ainos' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ainos' future performance. For an informed investment choice regarding Ainos Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ainos 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 population. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ainos. If investors know Ainos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ainos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.71) | Revenue Per Share 0.006 | Quarterly Revenue Growth (0.58) | Return On Assets (0.28) | Return On Equity (0.71) |
The market value of Ainos Inc is measured differently than its book value, which is the value of Ainos that is recorded on the company's balance sheet. Investors also form their own opinion of Ainos' value that differs from its market value or its book value, called intrinsic value, which is Ainos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ainos' market value can be influenced by many factors that don't directly affect Ainos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ainos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ainos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ainos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.