Agape Cash vs Current Deferred Revenue Analysis

ATPC Stock   1.54  0.01  0.65%   
Agape ATP financial indicator trend analysis is way more than just evaluating Agape ATP prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agape ATP is a good investment. Please check the relationship between Agape ATP Cash and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agape ATP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.

Cash vs Current Deferred Revenue

Cash vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agape ATP Cash account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Agape ATP's Cash and Current Deferred Revenue is -0.34. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Agape ATP, assuming nothing else is changed. The correlation between historical values of Agape ATP's Cash and Current Deferred Revenue 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 Agape ATP are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash i.e., Agape ATP's Cash and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Agape ATP, which is listed under current asset account on Agape ATP balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Agape ATP customers. The amounts must be unrestricted with restricted cash listed in a different Agape ATP 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.

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.
Most indicators from Agape ATP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agape ATP 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 Agape ATP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 5.8 M, whereas Selling General Administrative is forecasted to decline to about 1.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit719.6K1.2M936.6K906.7K
Total Revenue1.0M1.9M1.4M1.7M

Agape ATP fundamental ratios Correlations

0.590.91-0.49-0.440.530.78-0.270.790.640.98-0.27-0.340.610.30.02-0.530.770.150.540.290.650.560.290.32-0.17
0.590.24-0.24-0.750.310.29-0.610.780.990.56-0.7-0.570.990.740.2-0.970.81-0.340.98-0.130.660.65-0.280.85-0.77
0.910.24-0.37-0.070.460.760.070.560.310.890.1-0.10.250.09-0.22-0.140.50.380.180.360.510.430.43-0.030.22
-0.49-0.24-0.370.43-0.93-0.720.4-0.46-0.31-0.560.380.09-0.30.43-0.630.33-0.580.12-0.23-0.58-0.15-0.01-0.42-0.290.1
-0.44-0.75-0.070.43-0.34-0.430.94-0.83-0.75-0.450.970.82-0.77-0.36-0.730.86-0.70.69-0.75-0.2-0.11-0.040.21-0.90.84
0.530.310.46-0.93-0.340.77-0.280.510.390.61-0.27-0.030.34-0.340.45-0.320.64-0.060.260.620.280.160.390.310.0
0.780.290.76-0.72-0.430.77-0.310.730.380.86-0.28-0.30.33-0.20.34-0.290.7-0.050.210.80.250.10.550.290.07
-0.27-0.610.070.40.94-0.28-0.31-0.7-0.6-0.260.980.7-0.6-0.27-0.830.74-0.550.63-0.65-0.130.080.110.4-0.780.82
0.790.780.56-0.46-0.830.510.73-0.70.810.79-0.72-0.750.770.420.42-0.770.82-0.420.720.350.350.28-0.040.78-0.56
0.640.990.31-0.31-0.750.390.38-0.60.810.63-0.69-0.550.990.690.22-0.960.87-0.30.97-0.030.680.66-0.20.83-0.71
0.980.560.89-0.56-0.450.610.86-0.260.790.63-0.27-0.340.590.190.07-0.510.830.130.50.460.630.520.420.33-0.1
-0.27-0.70.10.380.97-0.27-0.280.98-0.72-0.69-0.270.75-0.69-0.36-0.790.82-0.580.69-0.73-0.080.00.030.4-0.870.89
-0.34-0.57-0.10.090.82-0.03-0.30.7-0.75-0.55-0.340.75-0.55-0.4-0.490.62-0.40.77-0.5-0.140.090.140.22-0.780.68
0.610.990.25-0.3-0.770.340.33-0.60.770.990.59-0.69-0.550.690.23-0.980.85-0.340.97-0.070.680.65-0.170.84-0.75
0.30.740.090.43-0.36-0.34-0.2-0.270.420.690.19-0.36-0.40.69-0.28-0.650.33-0.130.75-0.590.540.63-0.580.51-0.63
0.020.2-0.22-0.63-0.730.450.34-0.830.420.220.07-0.79-0.490.23-0.28-0.390.31-0.650.240.39-0.41-0.49-0.110.54-0.52
-0.53-0.97-0.140.330.86-0.32-0.290.74-0.77-0.96-0.510.820.62-0.98-0.65-0.39-0.80.45-0.970.1-0.54-0.510.27-0.890.86
0.770.810.5-0.58-0.70.640.7-0.550.820.870.83-0.58-0.40.850.330.31-0.8-0.110.780.390.680.570.20.65-0.42
0.15-0.340.380.120.69-0.06-0.050.63-0.42-0.30.130.690.77-0.34-0.13-0.650.45-0.11-0.28-0.10.40.440.29-0.770.66
0.540.980.18-0.23-0.750.260.21-0.650.720.970.5-0.73-0.50.970.750.24-0.970.78-0.28-0.220.650.65-0.360.8-0.82
0.29-0.130.36-0.58-0.20.620.8-0.130.35-0.030.46-0.08-0.14-0.07-0.590.390.10.39-0.1-0.22-0.14-0.310.680.070.36
0.650.660.51-0.15-0.110.280.250.080.350.680.630.00.090.680.54-0.41-0.540.680.40.65-0.140.980.180.21-0.13
0.560.650.43-0.01-0.040.160.10.110.280.660.520.030.140.650.63-0.49-0.510.570.440.65-0.310.980.00.17-0.16
0.29-0.280.43-0.420.210.390.550.4-0.04-0.20.420.40.22-0.17-0.58-0.110.270.20.29-0.360.680.180.0-0.310.61
0.320.85-0.03-0.29-0.90.310.29-0.780.780.830.33-0.87-0.780.840.510.54-0.890.65-0.770.80.070.210.17-0.31-0.85
-0.17-0.770.220.10.840.00.070.82-0.56-0.71-0.10.890.68-0.75-0.63-0.520.86-0.420.66-0.820.36-0.13-0.160.61-0.85
Click cells to compare fundamentals

Agape ATP Account Relationship Matchups

Agape ATP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3M7.2M4.7M2.8M5.7M5.1M
Total Current Liabilities84.0K1.0M1.3M1.2M1.1M677.0K
Total Stockholder Equity4.3M5.9M3.3M1.5M4.4M3.1M
Net Debt(235.0K)(3.1M)(2.4M)(1.4M)(4.4M)(4.2M)
Retained Earnings(1.1M)(734.4K)(3.3M)(4.9M)(7.0M)(6.7M)
Cash238.9K3.5M2.6M1.4M4.8M2.9M
Cash And Short Term Investments2.7M3.5M2.6M1.4M4.8M3.3M
Liabilities And Stockholders Equity4.3M7.2M4.7M2.8M5.7M5.1M
Total Liab84.0K1.3M1.4M1.2M1.4M764.8K
Total Current Assets3.5M5.7M3.9M2.0M5.2M4.2M
Non Current Assets Total798.6K1.5M812.4K763.2K559.3K760.3K
Accumulated Other Comprehensive Income9.8K181.0K93.4K9.3K30.2K50.6K
Other Current Liab77.2K648.1K858.4K643.2K658.9K535.7K
Accounts Payable2.8K0.013.7K54.4K90.4K95.0K
Net Receivables523.0K176.0K1.3K2.8K67.0K63.6K

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.
When determining whether Agape ATP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agape ATP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agape Atp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agape Atp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agape ATP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Health Care Providers & Services 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 Agape ATP. If investors know Agape 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 Agape ATP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.73)
Revenue Per Share
0.36
Quarterly Revenue Growth
0.03
Return On Assets
(0.51)
Return On Equity
(1.22)
The market value of Agape ATP is measured differently than its book value, which is the value of Agape that is recorded on the company's balance sheet. Investors also form their own opinion of Agape ATP's value that differs from its market value or its book value, called intrinsic value, which is Agape ATP'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 Agape ATP's market value can be influenced by many factors that don't directly affect Agape ATP'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 Agape ATP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agape ATP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agape ATP'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.