| ASTS Stock | | | USD 24.23 2.57 9.59% |
Ast Spacemobile financial indicator trend analysis is way more than just evaluating Ast Spacemobile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ast Spacemobile is a good investment. Please check the relationship between Ast Spacemobile Common Stock Total Equity and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ast Spacemobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Ast Stock please use our
How to Invest in Ast Spacemobile guide.
Common Stock Total Equity vs Total Current Liabilities
Common Stock Total Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ast Spacemobile Common Stock Total Equity account and
Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Ast Spacemobile's Common Stock Total Equity and Total Current Liabilities is -0.87. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ast Spacemobile, assuming nothing else is changed. The correlation between historical values of Ast Spacemobile's Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Ast Spacemobile are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Ast Spacemobile's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Total Current Liabilities
Total Current Liabilities is an item on Ast Spacemobile balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ast Spacemobile are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Ast Spacemobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ast Spacemobile 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 Ast Spacemobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Ast Stock please use our
How to Invest in Ast Spacemobile guide.
Selling General Administrative is likely to drop to about 31.5
M in 2024.
Tax Provision is likely to gain to about (511.1
K) in 2024
Ast Spacemobile fundamental ratios Correlations
Click cells to compare fundamentals
Ast Spacemobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ast Spacemobile fundamental ratios Accounts
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Additional Tools for Ast Stock Analysis
When running Ast Spacemobile's price analysis, check to
measure Ast Spacemobile'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 Ast Spacemobile is operating at the current time. Most of Ast Spacemobile's value examination focuses on studying past and present price action to
predict the probability of Ast Spacemobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ast Spacemobile's price. Additionally, you may evaluate how the addition of Ast Spacemobile to your portfolios can decrease your overall portfolio volatility.