Agrify Other Stockholder Equity vs Cash 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 Other Stockholder Equity and its Cash 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.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agrify Corp Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agrify Corp's Other Stockholder Equity and Cash is 0.44. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash 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 Other Stockholder Equity and Cash 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 Stockholder Equity of Agrify Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Agrify Corp's Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Cash

Cash refers to the most liquid asset of Agrify Corp, which is listed under current asset account on Agrify Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Agrify Corp customers. The amounts must be unrestricted with restricted cash listed in a different Agrify Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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)

Also Currently Popular

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.

Additional Tools for Agrify Stock Analysis

When running Agrify Corp's price analysis, check to measure Agrify Corp'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 Agrify Corp is operating at the current time. Most of Agrify Corp's value examination focuses on studying past and present price action to predict the probability of Agrify Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agrify Corp's price. Additionally, you may evaluate how the addition of Agrify Corp to your portfolios can decrease your overall portfolio volatility.