Aeris Other Current Liab vs Property Plant And Equipment Net Analysis

AEI Stock   0.09  0.01  9.76%   
Aeris Environmental financial indicator trend analysis is way more than just evaluating Aeris Environmental prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeris Environmental is a good investment. Please check the relationship between Aeris Environmental Other Current Liab and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeris Environmental. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Liab vs Property Plant And Equipment Net

Other Current Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeris Environmental Other Current Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aeris Environmental's Other Current Liab and Property Plant And Equipment Net is 0.62. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Aeris Environmental, assuming nothing else is changed. The correlation between historical values of Aeris Environmental's Other Current Liab and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Aeris Environmental are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Liab i.e., Aeris Environmental's Other Current Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Aeris Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeris Environmental 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 Aeris Environmental. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 2.9 M in 2024. Tax Provision is likely to drop to about (138.5 K) in 2024
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.5M982.7K1.4M1.3M
Total Revenue2.7M1.9M3.0M2.6M

Aeris Environmental fundamental ratios Correlations

0.640.99-0.950.710.970.470.970.420.520.461.0-0.120.410.38-0.22-0.520.75-0.150.340.850.030.280.81-0.34-0.25
0.640.56-0.480.620.570.080.570.440.50.810.65-0.460.440.27-0.37-0.310.46-0.470.20.50.00.230.50.15-0.06
0.990.56-0.970.660.980.50.980.360.480.330.99-0.020.360.35-0.16-0.510.73-0.060.320.830.070.250.78-0.41-0.3
-0.95-0.48-0.97-0.64-0.98-0.49-0.98-0.38-0.51-0.24-0.95-0.05-0.38-0.430.190.52-0.670.01-0.33-0.870.03-0.37-0.820.550.26
0.710.620.66-0.640.620.420.620.480.530.60.71-0.280.470.3-0.38-0.290.89-0.340.230.7-0.310.220.68-0.35-0.06
0.970.570.98-0.980.620.431.00.360.480.360.97-0.040.360.39-0.16-0.550.64-0.070.30.850.00.320.8-0.4-0.29
0.470.080.5-0.490.420.430.430.20.28-0.010.450.090.20.16-0.120.280.530.010.080.660.220.160.63-0.34-0.13
0.970.570.98-0.980.621.00.430.360.480.360.97-0.040.360.39-0.16-0.550.64-0.070.30.850.00.320.8-0.4-0.29
0.420.440.36-0.380.480.360.20.360.850.410.42-0.471.00.91-0.96-0.180.4-0.620.750.62-0.210.820.68-0.290.52
0.520.50.48-0.510.530.480.280.480.850.460.52-0.50.850.77-0.87-0.120.43-0.630.570.66-0.190.690.71-0.350.13
0.460.810.33-0.240.60.36-0.010.360.410.460.47-0.620.410.24-0.39-0.250.4-0.60.160.39-0.220.170.420.360.03
1.00.650.99-0.950.710.970.450.970.420.520.47-0.120.410.38-0.22-0.530.74-0.150.340.840.020.280.8-0.33-0.25
-0.12-0.46-0.02-0.05-0.28-0.040.09-0.04-0.47-0.5-0.62-0.12-0.47-0.190.57-0.22-0.170.98-0.07-0.16-0.09-0.1-0.16-0.460.04
0.410.440.36-0.380.470.360.20.361.00.850.410.41-0.470.92-0.96-0.180.4-0.620.750.62-0.210.820.68-0.30.52
0.380.270.35-0.430.30.390.160.390.910.770.240.38-0.190.92-0.85-0.320.22-0.350.790.62-0.350.960.68-0.460.56
-0.22-0.37-0.160.19-0.38-0.16-0.12-0.16-0.96-0.87-0.39-0.220.57-0.96-0.850.01-0.270.71-0.66-0.460.23-0.78-0.530.21-0.48
-0.52-0.31-0.510.52-0.29-0.550.28-0.55-0.18-0.12-0.25-0.53-0.22-0.18-0.320.01-0.34-0.21-0.54-0.350.44-0.25-0.360.32-0.12
0.750.460.73-0.670.890.640.530.640.40.430.40.74-0.170.40.22-0.27-0.34-0.230.380.69-0.150.060.66-0.38-0.09
-0.15-0.47-0.060.01-0.34-0.070.01-0.07-0.62-0.63-0.6-0.150.98-0.62-0.350.71-0.21-0.23-0.21-0.26-0.06-0.25-0.28-0.33-0.08
0.340.20.32-0.330.230.30.080.30.750.570.160.34-0.070.750.79-0.66-0.540.38-0.210.48-0.340.660.55-0.380.59
0.850.50.83-0.870.70.850.660.850.620.660.390.84-0.160.620.62-0.46-0.350.69-0.260.48-0.110.580.98-0.470.01
0.030.00.070.03-0.310.00.220.0-0.21-0.19-0.220.02-0.09-0.21-0.350.230.44-0.15-0.06-0.34-0.11-0.37-0.140.37-0.3
0.280.230.25-0.370.220.320.160.320.820.690.170.28-0.10.820.96-0.78-0.250.06-0.250.660.58-0.370.64-0.460.55
0.810.50.78-0.820.680.80.630.80.680.710.420.8-0.160.680.68-0.53-0.360.66-0.280.550.98-0.140.64-0.470.13
-0.340.15-0.410.55-0.35-0.4-0.34-0.4-0.29-0.350.36-0.33-0.46-0.3-0.460.210.32-0.38-0.33-0.38-0.470.37-0.46-0.47-0.07
-0.25-0.06-0.30.26-0.06-0.29-0.13-0.290.520.130.03-0.250.040.520.56-0.48-0.12-0.09-0.080.590.01-0.30.550.13-0.07
Click cells to compare fundamentals

Aeris Environmental Account Relationship Matchups

Aeris Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.7M16.6M8.1M4.7M2.7M2.6M
Total Current Liabilities3.0M2.8M1.5M1.7M1.9M1.3M
Total Stockholder Equity19.3M13.5M6.6M3.0M(27.5K)(26.1K)
Net Debt(12.6M)(11.2M)(5.0M)(2.5M)(72.9K)(76.5K)
Accounts Payable2.3M1.7M524.6K687.5K763.2K721.0K
Cash12.9M11.5M5.3M2.6M989.8K940.3K
Non Current Assets Total444.8K401.1K109.3K199.3K129.8K123.4K
Cash And Short Term Investments12.9M11.5M5.3M2.6M989.8K940.3K
Common Stock Shares Outstanding221.9M243.1M244.0M245.4M245.7M134.3M
Liabilities And Stockholders Equity22.7M16.6M8.1M4.7M2.7M2.6M
Total Liab3.4M3.1M1.5M1.7M2.8M1.8M
Total Current Assets22.2M16.1M8.0M4.5M2.6M2.5M
Common Stock50.2M62.2M62.4M62.5M71.9M75.5M
Other Current Liab766.9K1.0M960.4K979.7K1.1M1.1M
Retained Earnings(44.8M)(50.7M)(57.8M)(61.5M)(64.4M)(61.2M)
Non Currrent Assets Other498.0(440.9K)(44.7K)(55.9K)(64.3K)(61.1K)
Net Receivables5.5M1.5M1.1M688.8K649.6K1.0M
Other Stockholder Equity2.7M(1.0)1.9M1.9M2.2M2.3M
Property Plant And Equipment Net440.9K401.1K109.3K199.3K129.8K148.3K
Property Plant And Equipment Gross440.9K1.3M760.0K1.1M1.1M1.2M
Accumulated Other Comprehensive Income1.9M1.7M1.9M1.9M1.9M1.2M
Property Plant Equipment440.9K401.1K109.3K199.3K229.2K148.6K
Short Long Term Debt Total390.1K390.1K318.3K114.8K916.9K931.4K
Non Current Liabilities Total24.5K333.2K261.6K52.4K858.6K445.9K
Inventory3.5M2.8M1.3M882.4K772.8K602.0K
Other Current Assets43.5K367.0K310.4K14.2K205.7K362.2K
Short Term Investments14.2K15.3K22.0K14.2K16.3K15.5K
Other Liab25.8K24.5K31.7K34.5K39.7K23.7K
Net Tangible Assets19.3M13.5M6.6M2.9M3.3M6.6M
Net Invested Capital19.3M13.5M6.6M3.0M809.7K769.3K
Cash And Equivalents10.6M10.6M5.3M2.6M3.0M5.4M

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