Airgain Current Deferred Revenue vs Total Current Assets Analysis

AIRG Stock  USD 8.79  0.20  2.22%   
Airgain financial indicator trend analysis is way more than just evaluating Airgain prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airgain is a good investment. Please check the relationship between Airgain Current Deferred Revenue and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.

Current Deferred Revenue vs Total Current Assets

Current Deferred Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airgain Current Deferred Revenue account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Airgain's Current Deferred Revenue and Total Current Assets is -0.12. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Airgain, assuming nothing else is changed. The correlation between historical values of Airgain's Current Deferred Revenue and Total Current Assets 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 Airgain are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Current Deferred Revenue i.e., Airgain's Current Deferred Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Airgain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airgain 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 Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.The Airgain's current Tax Provision is estimated to increase to about 35.7 K, while Selling General Administrative is projected to decrease to roughly 9.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.1M63K72.5K68.8K
Depreciation And Amortization3.6M3.7M3.6M3.8M

Airgain fundamental ratios Correlations

-0.050.620.760.98-0.920.960.51-0.63-0.340.720.620.71-0.390.30.720.860.590.520.78-0.50.590.680.440.62-0.97
-0.050.340.39-0.18-0.09-0.240.090.07-0.080.140.030.19-0.33-0.28-0.20.020.040.03-0.310.840.2-0.27-0.190.560.1
0.620.340.850.51-0.50.420.56-0.28-0.020.420.320.64-0.710.130.310.690.330.30.40.110.830.270.10.84-0.46
0.760.390.850.64-0.740.550.79-0.22-0.50.80.260.91-0.780.030.210.880.740.660.610.050.910.46-0.010.98-0.64
0.98-0.180.510.64-0.890.990.41-0.68-0.280.650.660.61-0.260.350.80.790.510.450.78-0.620.460.690.520.48-0.98
-0.92-0.09-0.5-0.74-0.89-0.86-0.540.440.51-0.79-0.44-0.750.33-0.23-0.56-0.82-0.68-0.59-0.810.36-0.54-0.68-0.33-0.640.91
0.96-0.240.420.550.99-0.860.34-0.71-0.260.620.680.55-0.160.350.830.730.460.410.75-0.680.370.670.570.38-0.98
0.510.090.560.790.41-0.540.340.02-0.670.81-0.020.94-0.840.11-0.140.730.840.830.64-0.030.90.64-0.40.76-0.37
-0.630.07-0.28-0.22-0.680.44-0.710.02-0.14-0.14-0.99-0.09-0.03-0.59-0.85-0.170.04-0.13-0.160.37-0.02-0.47-0.44-0.130.64
-0.34-0.08-0.02-0.5-0.280.51-0.26-0.67-0.14-0.750.14-0.680.290.030.28-0.49-0.93-0.88-0.510.08-0.48-0.450.42-0.480.32
0.720.140.420.80.65-0.790.620.81-0.14-0.750.150.93-0.59-0.060.150.840.880.740.73-0.210.70.570.020.72-0.7
0.620.030.320.260.66-0.440.68-0.02-0.990.140.150.110.00.560.830.17-0.040.130.12-0.280.040.440.420.18-0.63
0.710.190.640.910.61-0.750.550.94-0.09-0.680.930.11-0.770.080.080.880.890.810.76-0.10.890.64-0.150.85-0.61
-0.39-0.33-0.71-0.78-0.260.33-0.16-0.84-0.030.29-0.590.0-0.770.070.12-0.63-0.52-0.49-0.34-0.26-0.88-0.370.28-0.80.21
0.3-0.280.130.030.35-0.230.350.11-0.590.03-0.060.560.080.070.39-0.020.030.370.31-0.330.030.7-0.18-0.04-0.24
0.72-0.20.310.210.8-0.560.83-0.14-0.850.280.150.830.080.120.390.35-0.1-0.090.36-0.57-0.020.380.80.07-0.78
0.860.020.690.880.79-0.820.730.73-0.17-0.490.840.170.88-0.63-0.020.350.760.580.85-0.350.810.530.250.77-0.79
0.590.040.330.740.51-0.680.460.840.04-0.930.88-0.040.89-0.520.03-0.10.760.910.73-0.190.730.59-0.280.68-0.52
0.520.030.30.660.45-0.590.410.83-0.13-0.880.740.130.81-0.490.37-0.090.580.910.64-0.140.670.74-0.490.61-0.42
0.78-0.310.40.610.78-0.810.750.64-0.16-0.510.730.120.76-0.340.310.360.850.730.64-0.620.580.760.150.45-0.75
-0.50.840.110.05-0.620.36-0.68-0.030.370.08-0.21-0.28-0.1-0.26-0.33-0.57-0.35-0.19-0.14-0.620.06-0.47-0.490.270.58
0.590.20.830.910.46-0.540.370.9-0.02-0.480.70.040.89-0.880.03-0.020.810.730.670.580.060.46-0.220.89-0.41
0.68-0.270.270.460.69-0.680.670.64-0.47-0.450.570.440.64-0.370.70.380.530.590.740.76-0.470.46-0.120.34-0.61
0.44-0.190.1-0.010.52-0.330.57-0.4-0.440.420.020.42-0.150.28-0.180.80.25-0.28-0.490.15-0.49-0.22-0.12-0.12-0.57
0.620.560.840.980.48-0.640.380.76-0.13-0.480.720.180.85-0.8-0.040.070.770.680.610.450.270.890.34-0.12-0.48
-0.970.1-0.46-0.64-0.980.91-0.98-0.370.640.32-0.7-0.63-0.610.21-0.24-0.78-0.79-0.52-0.42-0.750.58-0.41-0.61-0.57-0.48
Click cells to compare fundamentals

Airgain Account Relationship Matchups

Airgain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.7M54.9M66.4M54.4M42.2M50.8M
Short Long Term Debt Total96K310K3.1M2.4M1.5M1.5M
Other Current Liab2.8M3.4M12.1M3.3M1.4M1.4M
Total Current Liabilities6.8M6.9M19.9M12.9M10.0M10.4M
Total Stockholder Equity47.9M47.7M44.2M39.8M31.4M39.0M
Other Liab63K329K109K139K125.1K118.8K
Net Tangible Assets40.4M40.9M19.1M17.8M20.4M17.0M
Property Plant And Equipment Net2.1M2.4M5.5M5.0M3.9M2.7M
Net Debt(13.1M)(37.9M)(11.4M)(9.5M)(6.3M)(6.7M)
Retained Earnings(44.1M)(47.3M)(57.4M)(66.1M)(78.5M)(82.4M)
Accounts Payable3.8M3.0M5.5M6.5M6.5M4.7M
Cash13.2M38.2M14.5M11.9M7.9M7.5M
Non Current Assets Total9.6M9.5M30.9M27.2M23.1M14.6M
Non Currrent Assets Other10K249K(3.6M)(3.1M)170K178.5K
Other Assets10K2.9M352K216K248.4K236.0K
Cash And Short Term Investments34.9M38.2M14.5M11.9M7.9M7.5M
Net Receivables7.7M4.8M10.8M8.7M7.4M7.4M
Common Stock Total Equity995.01K100.4M111.3M128.0M134.4M
Common Stock Shares Outstanding10.1M9.7M10.0M10.2M10.4M9.5M
Liabilities And Stockholders Equity54.7M54.9M66.4M54.4M42.2M50.8M
Non Current Liabilities Total63K329K2.3M1.7M825K1.1M
Inventory1.2M1.0M8.9M4.2M2.4M2.2M
Other Current Assets1.4M2.9M1.3M2.3M1.4M1.3M
Other Stockholder Equity90.2M92.0M(5.3M)(5.4M)(4.8M)(4.6M)
Total Liab6.8M7.2M22.2M14.6M10.8M11.8M
Deferred Long Term Liab8.0K37.6K52K139K125.1K165.9K
Property Plant And Equipment Gross2.1M2.4M5.5M5.0M8.9M9.4M
Total Current Assets45.1M45.4M35.5M27.2M19.1M36.2M
Accumulated Other Comprehensive Income(16.9K)(11.1K)8K0.03K3.2K
Short Term Debt85K39K1.7M1.8M1.7M1.1M
Intangible Assets3.8M3.2M14.2M11.2M8.2M6.6M
Common Stock1K100.4M107.0M111.3M115.3M121.1M
Property Plant Equipment2.1M2.4M5.5M2.8M3.2M2.2M
Retained Earnings Total Equity(45.0M)(44.1M)(47.3M)(66.1M)(59.5M)(62.5M)
Treasury Stock(3.4M)(4.7M)(5.3M)(5.4M)(4.8M)(5.1M)
Non Current Liabilities Other334.9K211.4K11K1.5M1.8M1.9M
Capital Lease Obligations96K310K3.1M2.4M1.5M1.3M

Currently Active Assets on Macroaxis

When determining whether Airgain is a strong investment it is important to analyze Airgain'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 Airgain's future performance. For an informed investment choice regarding Airgain Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.
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 Airgain. If investors know Airgain 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 Airgain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Earnings Share
(1.15)
Revenue Per Share
5.022
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.17)
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airgain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.