Airsculpt Cash vs Total Current Liabilities Analysis
AIRS Stock | USD 5.35 0.14 2.55% |
Airsculpt Technologies financial indicator trend analysis is way more than just evaluating Airsculpt Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airsculpt Technologies is a good investment. Please check the relationship between Airsculpt Technologies Cash and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airsculpt Technologies. 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 information on how to buy Airsculpt Stock please use our How to Invest in Airsculpt Technologies guide.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airsculpt Technologies Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Airsculpt Technologies' Cash and Total Current Liabilities is 0.61. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Airsculpt Technologies, assuming nothing else is changed. The correlation between historical values of Airsculpt Technologies' Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Airsculpt Technologies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Airsculpt Technologies' Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Airsculpt Technologies, which is listed under current asset account on Airsculpt Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Airsculpt Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Airsculpt Technologies 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.Total Current Liabilities
Total Current Liabilities is an item on Airsculpt Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Airsculpt Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Airsculpt Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airsculpt Technologies 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 Airsculpt Technologies. 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 information on how to buy Airsculpt Stock please use our How to Invest in Airsculpt Technologies guide.Enterprise Value is likely to gain to about 813.6 M in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.9M | 6.8M | 6.5M | 5.2M | Depreciation And Amortization | 6.6M | 8.1M | 10.3M | 7.8M |
Airsculpt Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Airsculpt Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Airsculpt Stock Analysis
When running Airsculpt Technologies' price analysis, check to measure Airsculpt Technologies' 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 Airsculpt Technologies is operating at the current time. Most of Airsculpt Technologies' value examination focuses on studying past and present price action to predict the probability of Airsculpt Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airsculpt Technologies' price. Additionally, you may evaluate how the addition of Airsculpt Technologies to your portfolios can decrease your overall portfolio volatility.