AuthID Begin Period Cash Flow vs Other Non Cash Items Analysis

AUID Stock  USD 5.51  0.25  4.34%   
AuthID financial indicator trend analysis is way more than just evaluating authID Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether authID Inc is a good investment. Please check the relationship between AuthID Begin Period Cash Flow and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in authID Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Begin Period Cash Flow vs Other Non Cash Items

Begin Period Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of authID Inc Begin Period Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have weak relationship.
The correlation between AuthID's Begin Period Cash Flow and Other Non Cash Items is 0.32. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of authID Inc, assuming nothing else is changed. The correlation between historical values of AuthID's Begin Period Cash Flow and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of authID Inc are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Begin Period Cash Flow i.e., AuthID's Begin Period Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Other Non Cash Items

Most indicators from AuthID's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into authID Inc 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 authID Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, AuthID's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Research Development6.3M2.8M3.2M3.4M
Interest Expense1.4M1.1M1.3M1.1M

AuthID fundamental ratios Correlations

-0.17-0.140.53-0.37-0.820.670.670.640.780.030.70.370.370.520.840.380.09-0.560.560.360.320.340.730.120.92
-0.171.0-0.830.230.15-0.27-0.27-0.24-0.290.9-0.210.13-0.10.13-0.110.110.50.570.120.020.570.1-0.330.68-0.27
-0.141.0-0.830.240.14-0.26-0.26-0.23-0.280.91-0.20.13-0.080.18-0.070.120.510.550.140.030.60.13-0.30.69-0.23
0.53-0.83-0.83-0.62-0.540.680.680.620.68-0.810.64-0.030.16-0.110.340.06-0.44-0.660.04-0.13-0.33-0.260.61-0.40.51
-0.370.230.24-0.620.52-0.84-0.84-0.76-0.640.42-0.820.420.330.230.040.060.40.320.330.620.070.56-0.41-0.22-0.2
-0.820.150.14-0.540.52-0.84-0.84-0.88-0.960.04-0.870.010.03-0.35-0.54-0.050.180.46-0.15-0.31-0.15-0.17-0.85-0.39-0.73
0.67-0.27-0.260.68-0.84-0.841.00.970.93-0.271.0-0.24-0.270.110.30.01-0.34-0.47-0.13-0.12-0.01-0.140.630.250.57
0.67-0.27-0.260.68-0.84-0.841.00.970.93-0.271.0-0.24-0.260.120.310.01-0.33-0.47-0.13-0.12-0.01-0.140.630.250.57
0.64-0.24-0.230.62-0.76-0.880.970.970.95-0.210.97-0.23-0.260.160.3-0.1-0.3-0.41-0.14-0.040.06-0.080.660.30.56
0.78-0.29-0.280.68-0.64-0.960.930.930.95-0.210.94-0.08-0.070.260.490.01-0.27-0.510.060.160.050.050.820.270.71
0.030.90.91-0.810.420.04-0.27-0.27-0.21-0.21-0.210.240.010.510.170.160.570.410.290.370.620.52-0.240.580.03
0.7-0.21-0.20.64-0.82-0.871.01.00.970.94-0.21-0.21-0.240.150.340.03-0.3-0.45-0.09-0.080.04-0.110.670.310.59
0.370.130.13-0.030.420.01-0.24-0.24-0.23-0.080.24-0.210.780.190.660.540.680.010.90.450.450.3-0.04-0.350.36
0.37-0.1-0.080.160.330.03-0.27-0.26-0.26-0.070.01-0.240.780.270.690.340.33-0.320.90.270.310.210.19-0.380.42
0.520.130.18-0.110.23-0.350.110.120.160.260.510.150.190.270.690.140.25-0.280.450.580.420.870.270.150.71
0.84-0.11-0.070.340.04-0.540.30.310.30.490.170.340.660.690.690.490.32-0.480.840.550.410.560.51-0.140.92
0.380.110.120.060.06-0.050.010.01-0.10.010.160.030.540.340.140.490.510.170.520.170.250.130.04-0.20.4
0.090.50.51-0.440.40.18-0.34-0.33-0.3-0.270.57-0.30.680.330.250.320.510.610.560.250.70.31-0.250.010.08
-0.560.570.55-0.660.320.46-0.47-0.47-0.41-0.510.41-0.450.01-0.32-0.28-0.480.170.61-0.22-0.150.3-0.17-0.490.23-0.59
0.560.120.140.040.33-0.15-0.13-0.13-0.140.060.29-0.090.90.90.450.840.520.56-0.220.470.520.420.22-0.20.58
0.360.020.03-0.130.62-0.31-0.12-0.12-0.040.160.37-0.080.450.270.580.550.170.25-0.150.470.090.840.23-0.040.49
0.320.570.6-0.330.07-0.15-0.01-0.010.060.050.620.040.450.310.420.410.250.70.30.520.090.240.060.320.25
0.340.10.13-0.260.56-0.17-0.14-0.14-0.080.050.52-0.110.30.210.870.560.130.31-0.170.420.840.240.06-0.020.54
0.73-0.33-0.30.61-0.41-0.850.630.630.660.82-0.240.67-0.040.190.270.510.04-0.25-0.490.220.230.060.060.290.65
0.120.680.69-0.4-0.22-0.390.250.250.30.270.580.31-0.35-0.380.15-0.14-0.20.010.23-0.2-0.040.32-0.020.29-0.06
0.92-0.27-0.230.51-0.2-0.730.570.570.560.710.030.590.360.420.710.920.40.08-0.590.580.490.250.540.65-0.06
Click cells to compare fundamentals

AuthID Account Relationship Matchups

AuthID fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.9M13.8M9.4M15.4M17.7M9.3M
Other Current Liab3.6M1.6M544.7K1.1M962.2K914.1K
Total Current Liabilities2.9M2.9M1.2M1.7M1.5M1.4M
Total Stockholder Equity4.6M10.9M283.5K13.2M15.2M15.9M
Net Debt2.7M(5.3M)4.6M(10.0M)(9.0M)(8.5M)
Retained Earnings(98.2M)(115.9M)(140.1M)(159.5M)(143.6M)(136.4M)
Cash3.8M6.0M3.2M10.2M11.7M12.3M
Cash And Short Term Investments3.8M6.0M3.2M10.2M11.7M12.3M
Common Stock Shares Outstanding2.3M2.7M3.1M6.2M7.1M7.4M
Liabilities And Stockholders Equity13.9M13.8M9.4M15.4M17.7M9.3M
Other Stockholder Equity102.6M126.6M140.3M172.7M198.6M208.6M
Total Liab9.3M2.9M9.1M2.2M2.5M2.4M
Total Current Assets4.4M6.9M4.3M10.9M12.5M13.2M
Common Stock58.9K2.3K2.5K945.01.1K1.0K
Accounts Payable311.0K548.1K623.1K339.8K390.8K496.2K
Non Current Assets Total9.5M6.9M5.0M4.5M5.2M6.5M
Non Currrent Assets Other190.4K69.2K278.0K(1.0)(0.9)(0.85)
Other Assets578.6K612.4K69.2K1.00.90.86
Net Receivables73.0K26.8K261.8K91.3K82.1K131.1K
Intangible Assets4.5M2.5M566.3K327.0K376.1K357.2K
Short Long Term Debt Total6.5M744.0K7.8M224.4K258.1K245.2K
Current Deferred Revenue237.7K246.8K81.3K255.8K230.2K208.0K
Non Current Liabilities Total6.3M1.6M7.8M549.4K631.8K600.2K
Other Current Assets310.5K979.3K847.8K633.3K728.3K538.9K
Short Term Debt282.8K162.6K742.4K662K761.3K431.6K
Inventory173.6K255.0K153.1K498.1K572.8K295.5K
Accumulated Other Comprehensive Income160.6K211.5K155.9K12.6K11.4K10.8K
Net Tangible Assets3.0M(2.7M)(4.1M)8.0M9.2M9.7M
Long Term Debt2.4M6.3M7.8M224.4K258.1K245.2K
Capital Lease Obligations115.5K458.8K215.0K80.4K72.3K68.7K
Net Invested Capital10.9M11.6M8.1M13.4M12.1M9.9M
Net Working Capital1.5M4.0M3.1M9.2M10.6M11.2M
Property Plant Equipment204K333.0K97.8K118.5K106.7K154.1K
Capital Stock58.9K2.3K2.5K945.0850.5807.97

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When determining whether authID Inc is a strong investment it is important to analyze AuthID'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 AuthID's future performance. For an informed investment choice regarding AuthID Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in authID Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software 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 AuthID. If investors know AuthID 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 AuthID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
0.079
Quarterly Revenue Growth
4.737
Return On Assets
(0.63)
Return On Equity
(1.13)
The market value of authID Inc is measured differently than its book value, which is the value of AuthID that is recorded on the company's balance sheet. Investors also form their own opinion of AuthID's value that differs from its market value or its book value, called intrinsic value, which is AuthID'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 AuthID's market value can be influenced by many factors that don't directly affect AuthID'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 AuthID's value and its price as these two are different measures arrived at by different means. Investors typically determine if AuthID is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AuthID'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.