Guardforce Common Stock Shares Outstanding vs Total Current Liabilities Analysis
GFAI Stock | USD 1.13 0.02 1.80% |
Guardforce financial indicator trend analysis is much more than just examining Guardforce AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardforce AI is a good investment. Please check the relationship between Guardforce Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. 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.
Common Stock Shares Outstanding vs Total Current Liabilities
Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardforce AI Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guardforce's Common Stock Shares Outstanding and Total Current Liabilities is -0.31. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Guardforce AI Co, assuming nothing else is changed. The correlation between historical values of Guardforce's Common Stock Shares Outstanding 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 Shares Outstanding of Guardforce AI Co 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 Shares Outstanding i.e., Guardforce's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Current Liabilities
Total Current Liabilities is an item on Guardforce balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guardforce AI Co 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 Guardforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardforce AI 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. 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. As of now, Guardforce's Tax Provision is increasing as compared to previous years. The Guardforce's current Sales General And Administrative To Revenue is estimated to increase to 0.31, while Selling General Administrative is projected to decrease to under 6.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 984.8K | 1.1M | 653.4K | 936.4K | Depreciation And Amortization | 5.0M | 6.0M | 5.2M | 4.9M |
Guardforce fundamental ratios Correlations
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Guardforce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guardforce fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 39.8M | 36.4M | 42.1M | 61.3M | 45.8M | 44.6M | |
Short Long Term Debt Total | 27.9M | 26.5M | 24.3M | 28.4M | 6.6M | 6.3M | |
Other Current Liab | 2.3M | 1.6M | 3.6M | 3.9M | 4.5M | 3.4M | |
Total Current Liabilities | 26.6M | 8.1M | 22.5M | 19.2M | 14.0M | 14.8M | |
Total Stockholder Equity | 1.3M | (2.2M) | 6.5M | 19.2M | 25.2M | 26.5M | |
Other Liab | 5.6M | 6.4M | 6.8M | 5.9M | 6.8M | 6.6M | |
Net Tangible Assets | 1.0M | (2.4M) | 6.0M | 10.7M | 12.3M | 12.9M | |
Property Plant And Equipment Net | 15.3M | 12.1M | 12.3M | 12.2M | 6.7M | 8.9M | |
Net Debt | 21.8M | 18.1M | 10.0M | 21.5M | (13.6M) | (12.9M) | |
Retained Earnings | (1.6M) | (4.7M) | (10.2M) | (28.8M) | (58.3M) | (55.4M) | |
Accounts Payable | 1.4M | 1.4M | 675.2K | 2.1M | 2.1M | 1.7M | |
Cash | 6.1M | 8.4M | 14.3M | 6.9M | 20.2M | 21.2M | |
Non Current Assets Total | 26.4M | 19.3M | 20.1M | 26.3M | 14.7M | 22.4M | |
Non Currrent Assets Other | 7.4M | 3.9M | 3.6M | (78.3K) | 1.6M | 3.1M | |
Cash And Short Term Investments | 6.1M | 8.4M | 14.3M | 6.9M | 20.2M | 21.2M | |
Net Receivables | 5.9M | 6.0M | 5.1M | 21.8M | 8.7M | 9.5M | |
Liabilities And Stockholders Equity | 39.8M | 36.4M | 42.1M | 61.3M | 45.8M | 44.6M | |
Non Current Liabilities Total | 11.7M | 30.4M | 13.0M | 22.9M | 6.7M | 6.3M | |
Other Current Assets | 1.4M | 2.1M | 1.1M | 1.2M | 17.4K | 16.5K | |
Total Liab | 38.4M | 38.5M | 35.5M | 42.2M | 20.7M | 36.2M | |
Total Current Assets | 13.4M | 17.0M | 21.9M | 35.0M | 31.1M | 22.2M | |
Accumulated Other Comprehensive Income | 497.1K | 427.7K | 1.3M | 1.6M | 1.2M | 898.5K | |
Short Term Debt | 23.0M | 3.3M | 17.4M | 10.5M | 4.9M | 4.7M | |
Intangible Assets | 253.5K | 223.4K | 493.9K | 8.5M | 2.8M | 2.0M | |
Property Plant Equipment | 15.3M | 12.1M | 12.3M | 12.2M | 14.1M | 13.1M |
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When determining whether Guardforce AI is a strong investment it is important to analyze Guardforce's 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 Guardforce's future performance. For an informed investment choice regarding Guardforce Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. 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. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Electronic Equipment, Instruments & Components 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 Guardforce. If investors know Guardforce 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 Guardforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 3.606 | Quarterly Revenue Growth (0.05) | Return On Assets (0.16) | Return On Equity (0.73) |
The market value of Guardforce AI is measured differently than its book value, which is the value of Guardforce that is recorded on the company's balance sheet. Investors also form their own opinion of Guardforce's value that differs from its market value or its book value, called intrinsic value, which is Guardforce's 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 Guardforce's market value can be influenced by many factors that don't directly affect Guardforce's 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 Guardforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardforce's 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.