Agrify Current Deferred Revenue vs Common Stock Shares Outstanding Analysis

AGFY Stock  USD 28.28  1.61  6.04%   
Agrify Corp financial indicator trend analysis is way more than just evaluating Agrify Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agrify Corp is a good investment. Please check the relationship between Agrify Corp Current Deferred Revenue and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agrify Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Agrify Stock please use our How to Invest in Agrify Corp guide.

Current Deferred Revenue vs Common Stock Shares Outstanding

Current Deferred Revenue vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agrify Corp Current Deferred Revenue account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agrify Corp's Current Deferred Revenue and Common Stock Shares Outstanding is 0.47. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Agrify Corp, assuming nothing else is changed. The correlation between historical values of Agrify Corp's Current Deferred Revenue and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Agrify Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Current Deferred Revenue i.e., Agrify Corp's Current Deferred Revenue and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Agrify Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agrify Corp 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 Agrify Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Agrify Stock please use our How to Invest in Agrify Corp guide.At this time, Agrify Corp's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 299.2 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.78 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses38.9M180.9M24.3M47.9M
Cost Of Revenue54.6M90.1M11.6M11.0M

Agrify Corp fundamental ratios Correlations

0.330.810.730.820.750.560.08-0.460.540.790.210.880.610.27-0.220.30.760.840.690.680.940.990.850.740.51
0.330.160.75-0.230.770.50.9-0.910.860.270.77-0.090.840.5-0.090.910.80.530.840.80.010.4-0.110.83-0.56
0.810.160.410.790.420.08-0.14-0.130.180.670.150.890.54-0.20.240.110.460.720.380.360.840.790.870.570.64
0.730.750.410.240.850.610.62-0.840.850.770.410.370.790.75-0.10.610.880.680.870.990.50.810.30.91-0.19
0.82-0.230.790.240.280.27-0.50.12-0.010.61-0.230.980.21-0.13-0.16-0.220.270.570.170.170.960.750.980.250.91
0.750.770.420.850.280.80.68-0.910.950.450.720.370.720.48-0.440.821.00.830.990.880.50.780.330.92-0.09
0.560.50.080.610.270.80.43-0.690.740.220.460.260.50.47-0.780.590.750.670.740.660.410.550.260.56-0.01
0.080.9-0.140.62-0.50.680.43-0.910.850.020.82-0.370.550.52-0.120.910.690.340.770.69-0.260.16-0.420.7-0.77
-0.46-0.91-0.13-0.840.12-0.91-0.69-0.91-0.99-0.3-0.80.0-0.71-0.60.3-0.92-0.92-0.63-0.96-0.89-0.14-0.520.05-0.880.49
0.540.860.180.85-0.010.950.740.85-0.990.330.780.090.670.6-0.390.90.950.680.980.890.240.60.040.89-0.38
0.790.270.670.770.610.450.220.02-0.30.33-0.150.70.590.530.220.020.50.510.440.680.750.840.640.610.29
0.210.770.150.41-0.230.720.460.82-0.80.78-0.15-0.120.510.02-0.220.950.720.590.760.51-0.060.23-0.130.69-0.4
0.88-0.090.890.370.980.370.26-0.370.00.090.7-0.120.36-0.09-0.04-0.110.380.670.280.30.980.830.990.40.84
0.610.840.540.790.210.720.50.55-0.710.670.590.510.360.370.020.670.760.730.750.810.420.670.360.84-0.11
0.270.5-0.20.75-0.130.480.470.52-0.60.60.530.02-0.090.37-0.210.30.480.090.510.720.070.37-0.150.45-0.48
-0.22-0.090.24-0.1-0.16-0.44-0.78-0.120.3-0.390.22-0.22-0.040.02-0.21-0.3-0.35-0.22-0.35-0.13-0.17-0.17-0.08-0.06-0.09
0.30.910.110.61-0.220.820.590.91-0.920.90.020.95-0.110.670.3-0.30.830.60.870.69-0.010.34-0.130.79-0.49
0.760.80.460.880.271.00.750.69-0.920.950.50.720.380.760.48-0.350.830.840.990.90.50.790.340.96-0.11
0.840.530.720.680.570.830.670.34-0.630.680.510.590.670.730.09-0.220.60.840.80.720.720.820.650.830.3
0.690.840.380.870.170.990.740.77-0.960.980.440.760.280.750.51-0.350.870.990.80.910.410.730.230.95-0.21
0.680.80.360.990.170.880.660.69-0.890.890.680.510.30.810.72-0.130.690.90.720.910.430.750.240.92-0.25
0.940.010.840.50.960.50.41-0.26-0.140.240.75-0.060.980.420.07-0.17-0.010.50.720.410.430.90.970.490.76
0.990.40.790.810.750.780.550.16-0.520.60.840.230.830.670.37-0.170.340.790.820.730.750.90.790.790.41
0.85-0.110.870.30.980.330.26-0.420.050.040.64-0.130.990.36-0.15-0.08-0.130.340.650.230.240.970.790.340.87
0.740.830.570.910.250.920.560.7-0.880.890.610.690.40.840.45-0.060.790.960.830.950.920.490.790.34-0.14
0.51-0.560.64-0.190.91-0.09-0.01-0.770.49-0.380.29-0.40.84-0.11-0.48-0.09-0.49-0.110.3-0.21-0.250.760.410.87-0.14
Click cells to compare fundamentals

Agrify Corp Account Relationship Matchups

Agrify Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M21.8M182.0M69.7M45.3M59.4M
Other Current Liab3.2M13.5M23.3M127K5.3M8.7M
Total Current Liabilities4.0M27.0M43.6M70.6M41.2M34.9M
Total Stockholder Equity(805K)(6.7M)137.1M(9.3M)(14.9M)(14.2M)
Current Deferred Revenue2.8M152K3.8M4.0M4.6M2.8M
Net Debt(206K)5.4M(9.4M)18.8M22.8M24.0M
Retained Earnings(4.9M)(26.5M)(59.0M)(247.1M)(265.8M)(252.5M)
Accounts Payable870K693K9.2M20.5M20.8M21.8M
Cash206K8.1M12.0M10.5M430K408.5K
Non Current Assets Total174K3.2M95.3M24.8M21.3M26.5M
Long Term Debt0.0829K12K407K16.0M16.8M
Cash And Short Term Investments206K8.1M56.6M434K499.1K474.1K
Liabilities And Stockholders Equity3.2M21.8M182.0M45.3M52.1M56.0M
Non Current Liabilities Total3.7M1.3M1.0M8.1M18.7M19.7M
Inventory2.5M5.2M20.5M5.9M19.1M10.1M
Other Stockholder Equity4.0M19.8M196.0M250.9M288.5M302.9M
Total Liab4.0M28.3M44.6M78.7M60.0M40.3M
Net Invested Capital(805K)6.6M138.2M20.0M6.3M6.0M
Total Current Assets3.1M18.6M86.7M44.9M24.0M32.9M
Net Working Capital(979K)(8.4M)43.1M(25.7M)(17.2M)(16.4M)

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