Akso Total Other Income Expense Net vs Interest Income Analysis

AHG Stock  USD 1.20  0.09  8.11%   
Akso Health financial indicator trend analysis is way more than just evaluating Akso Health Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akso Health Group is a good investment. Please check the relationship between Akso Health Total Other Income Expense Net and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Total Other Income Expense Net vs Interest Income

Total Other Income Expense Net vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akso Health Group Total Other Income Expense Net account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Akso Health's Total Other Income Expense Net and Interest Income is -0.08. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Interest Income in the same time period over historical financial statements of Akso Health Group, assuming nothing else is changed. The correlation between historical values of Akso Health's Total Other Income Expense Net and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Akso Health Group are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Total Other Income Expense Net i.e., Akso Health's Total Other Income Expense Net and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Akso Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akso Health Group 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 Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Akso Health's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Akso Health's current Enterprise Value Over EBITDA is estimated to increase to 3.93, while Sales General And Administrative To Revenue is projected to decrease to 2.06.
 2021 2022 2023 2024 (projected)
Gross Profit916.2K1.3M122.1K116.0K
Total Revenue6.3M13.2M2.4M2.3M

Akso Health fundamental ratios Correlations

0.37-0.34-0.30.65-0.33-0.53-0.610.36-0.26-0.950.360.77-0.120.96-0.30.460.99-0.63-0.510.110.16-0.94-0.61-0.86-0.94
0.370.370.350.910.48-0.770.340.880.4-0.270.880.80.090.540.510.940.39-0.15-0.390.230.02-0.310.11-0.21-0.31
-0.340.370.940.10.3-0.180.380.290.330.440.290.07-0.04-0.190.830.3-0.350.1-0.09-0.18-0.30.350.220.220.35
-0.30.350.940.070.21-0.150.230.280.260.360.280.08-0.07-0.110.860.31-0.33-0.12-0.3-0.44-0.550.350.010.050.35
0.650.910.10.070.27-0.870.150.850.2-0.550.850.89-0.010.750.20.90.67-0.23-0.370.360.22-0.64-0.05-0.41-0.64
-0.330.480.30.210.270.010.620.20.70.470.20.290.73-0.170.640.28-0.30.22-0.120.11-0.160.280.620.510.28
-0.53-0.77-0.18-0.15-0.870.01-0.18-0.950.170.53-0.95-0.650.26-0.61-0.03-0.89-0.560.110.08-0.34-0.350.520.150.370.52
-0.610.340.380.230.150.62-0.180.320.550.670.32-0.190.03-0.550.360.19-0.570.80.530.50.320.510.880.810.51
0.360.880.290.280.850.2-0.950.320.0-0.361.00.63-0.140.490.230.960.39-0.08-0.140.250.19-0.29-0.03-0.24-0.29
-0.260.40.330.260.20.70.170.550.00.470.00.160.24-0.20.630.08-0.260.32-0.140.25-0.10.240.690.430.24
-0.95-0.270.440.36-0.550.470.530.67-0.360.47-0.36-0.650.19-0.920.45-0.43-0.960.650.45-0.04-0.150.890.730.90.89
0.360.880.290.280.850.2-0.950.321.00.0-0.360.63-0.140.490.230.960.39-0.08-0.140.250.19-0.29-0.03-0.24-0.29
0.770.80.070.080.890.29-0.65-0.190.630.16-0.650.630.260.880.270.780.77-0.57-0.680.06-0.07-0.73-0.3-0.61-0.73
-0.120.09-0.04-0.07-0.010.730.260.03-0.140.240.19-0.140.260.00.310.01-0.1-0.19-0.29-0.23-0.310.10.140.210.1
0.960.54-0.19-0.110.75-0.17-0.61-0.550.49-0.2-0.920.490.880.0-0.080.620.95-0.73-0.67-0.03-0.02-0.89-0.64-0.88-0.89
-0.30.510.830.860.20.64-0.030.360.230.630.450.230.270.31-0.080.34-0.32-0.1-0.44-0.34-0.590.330.250.180.33
0.460.940.30.310.90.28-0.890.190.960.08-0.430.960.780.010.620.340.48-0.26-0.360.140.04-0.36-0.11-0.35-0.36
0.990.39-0.35-0.330.67-0.3-0.56-0.570.39-0.26-0.960.390.77-0.10.95-0.320.48-0.58-0.460.180.23-0.95-0.57-0.83-0.95
-0.63-0.150.1-0.12-0.230.220.110.8-0.080.320.65-0.08-0.57-0.19-0.73-0.1-0.26-0.580.890.690.630.50.880.870.5
-0.51-0.39-0.09-0.3-0.37-0.120.080.53-0.14-0.140.45-0.14-0.68-0.29-0.67-0.44-0.36-0.460.890.610.720.40.580.70.4
0.110.23-0.18-0.440.360.11-0.340.50.250.25-0.040.250.06-0.23-0.03-0.340.140.180.690.610.93-0.230.610.35-0.23
0.160.02-0.3-0.550.22-0.16-0.350.320.19-0.1-0.150.19-0.07-0.31-0.02-0.590.040.230.630.720.93-0.270.40.25-0.27
-0.94-0.310.350.35-0.640.280.520.51-0.290.240.89-0.29-0.730.1-0.890.33-0.36-0.950.50.4-0.23-0.270.50.751.0
-0.610.110.220.01-0.050.620.150.88-0.030.690.73-0.03-0.30.14-0.640.25-0.11-0.570.880.580.610.40.50.90.5
-0.86-0.210.220.05-0.410.510.370.81-0.240.430.9-0.24-0.610.21-0.880.18-0.35-0.830.870.70.350.250.750.90.75
-0.94-0.310.350.35-0.640.280.520.51-0.290.240.89-0.29-0.730.1-0.890.33-0.36-0.950.50.4-0.23-0.271.00.50.75
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Akso Health Account Relationship Matchups

Akso Health fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding16.3M16.3M19.9M22.9M47.2M49.5M
Total Assets78.4M31.7M50.7M20.5M142.0M86.9M
Other Current Liab9.3M4.1M38.4M1.8M1.1M1.0M
Total Current Liabilities10.2M14.4M38.4M11.6M3.6M3.4M
Total Stockholder Equity48.1M17.3M12.3M8.7M138.4M145.3M
Property Plant And Equipment Net1.3M1.6M66.9K55.4K49.9K47.4K
Net Debt9.9M(5.1M)(21.9M)1.8M(85.2M)(80.9M)
Retained Earnings(1.4M)(36.3M)(53.1M)(54.5M)(63.9M)(60.7M)
Cash10.9M15.1M21.9M7.9M85.2M43.8M
Non Current Assets Total28.5M1.6M55.4K(272.1K)402.9K382.8K
Non Currrent Assets Other25.2M(30.2M)177.0K(20.7M)(141.6M)(134.5M)
Cash And Short Term Investments10.9M15.1M21.9M7.9M85.2M43.8M
Net Receivables37.8M10.4M20.0M7.7M56.3M59.1M
Liabilities And Stockholders Equity78.4M31.7M50.7M20.5M142.0M86.9M
Other Current Assets39.0B592.8K885.9K3.4M56.7M53.8M
Other Stockholder Equity58.5M56.6M56.6M67.0M206.3M216.7M
Total Liab30.3M14.4M38.4M11.6M3.6M3.4M
Total Current Assets49.9M30.1M50.6M20.7M142.0M72.4M
Accumulated Other Comprehensive Income(7.0M)(3.1M)(1.6M)(3.8M)(4.1M)(3.9M)
Common Stock5.0K5.0K5.0K7.0K43.8K46.0K
Net Tangible Assets48.1M17.3M12.3M8.7M7.9M7.5M
Non Current Liabilities Total20.1M4.4M0.011.6M3.2M3.0M
Net Invested Capital68.1M27.3M12.3M8.7M138.4M145.3M
Net Working Capital39.8M15.7M12.2M9.1M138.4M145.3M
Property Plant Equipment1.3M763.6K66.9K55.4K49.9K47.4K
Inventory(39.0B)(14.4M)7.8M1.7M191.2K200.8K

Currently Active Assets on Macroaxis

When determining whether Akso Health Group is a strong investment it is important to analyze Akso Health'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 Akso Health's future performance. For an informed investment choice regarding Akso Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Equipment & Supplies 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 Akso Health. If investors know Akso 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 Akso Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.21)
Revenue Per Share
0.051
Quarterly Revenue Growth
0.148
Return On Assets
(0.07)
Return On Equity
(0.12)
The market value of Akso Health Group is measured differently than its book value, which is the value of Akso that is recorded on the company's balance sheet. Investors also form their own opinion of Akso Health's value that differs from its market value or its book value, called intrinsic value, which is Akso Health'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 Akso Health's market value can be influenced by many factors that don't directly affect Akso Health'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 Akso Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akso Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akso Health'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.