Angel Total Stockholder Equity vs Non Current Assets Total Analysis

FINS Stock  USD 12.78  0.05  0.39%   
Angel Oak financial indicator trend analysis is way more than just evaluating Angel Oak Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel Oak Financial is a good investment. Please check the relationship between Angel Oak Total Stockholder Equity and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angel Oak Financial Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Angel Oak's Total Stockholder Equity and Non Current Assets Total is 0.55. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Angel Oak Financial, assuming nothing else is changed. The correlation between historical values of Angel Oak's Total Stockholder Equity and Non Current Assets Total 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 Stockholder Equity of Angel Oak Financial are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Angel Oak's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Angel Oak's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel Oak Financial 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Angel Oak's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 901.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income20.1M25.9M27.6M21.9M
Net Interest Income16.9M21.0M21.5M18.0M

Angel Oak fundamental ratios Correlations

1.00.590.881.00.820.95-0.31.0-0.860.89-0.960.520.160.53-0.420.810.920.9-0.040.950.371.00.991.00.8
1.00.630.910.990.840.94-0.361.0-0.860.89-0.940.470.170.58-0.380.820.930.91-0.10.930.421.00.981.00.81
0.590.630.80.570.480.48-0.830.63-0.260.46-0.37-0.290.710.99-0.380.760.570.4-0.620.320.770.630.520.590.76
0.880.910.80.870.90.82-0.680.91-0.730.74-0.730.120.220.79-0.280.90.910.8-0.50.720.760.910.810.880.9
1.00.990.570.870.810.95-0.260.99-0.850.88-0.970.550.160.5-0.440.80.910.9-0.010.960.340.990.991.00.79
0.820.840.480.90.810.84-0.460.84-0.830.69-0.730.33-0.20.47-0.130.780.950.85-0.390.760.640.840.760.810.78
0.950.940.480.820.950.84-0.190.94-0.850.85-0.940.650.030.42-0.40.730.960.930.020.930.30.940.960.950.72
-0.3-0.36-0.83-0.68-0.26-0.46-0.19-0.360.19-0.280.030.6-0.37-0.9-0.13-0.51-0.39-0.270.89-0.01-0.92-0.36-0.18-0.29-0.52
1.01.00.630.910.990.840.94-0.36-0.860.89-0.940.470.170.58-0.380.820.930.91-0.10.930.421.00.981.00.81
-0.86-0.86-0.26-0.73-0.85-0.83-0.850.19-0.86-0.930.86-0.590.31-0.25-0.06-0.49-0.84-0.97-0.06-0.89-0.23-0.86-0.85-0.86-0.48
0.890.890.460.740.880.690.85-0.280.89-0.93-0.860.530.010.44-0.040.480.790.950.090.850.20.890.890.890.47
-0.96-0.94-0.37-0.73-0.97-0.73-0.940.03-0.940.86-0.86-0.72-0.03-0.290.44-0.69-0.85-0.88-0.22-1.0-0.12-0.94-0.98-0.96-0.67
0.520.47-0.290.120.550.330.650.60.47-0.590.53-0.72-0.34-0.38-0.290.120.470.590.720.73-0.490.470.620.530.1
0.160.170.710.220.16-0.20.03-0.370.170.310.01-0.03-0.340.66-0.610.36-0.01-0.15-0.21-0.050.240.170.150.150.36
0.530.580.990.790.50.470.42-0.90.58-0.250.44-0.29-0.380.66-0.240.690.530.38-0.70.240.820.580.440.520.7
-0.42-0.38-0.38-0.28-0.44-0.13-0.4-0.13-0.38-0.06-0.040.44-0.29-0.61-0.24-0.62-0.3-0.06-0.12-0.39-0.03-0.38-0.45-0.41-0.62
0.810.820.760.90.80.780.73-0.510.82-0.490.48-0.690.120.360.69-0.620.80.57-0.450.670.690.820.740.81.0
0.920.930.570.910.910.950.96-0.390.93-0.840.79-0.850.47-0.010.53-0.30.80.92-0.240.850.520.930.890.910.8
0.90.910.40.80.90.850.93-0.270.91-0.970.95-0.880.59-0.150.38-0.060.570.920.00.890.30.910.90.910.56
-0.04-0.1-0.62-0.5-0.01-0.390.020.89-0.1-0.060.09-0.220.72-0.21-0.7-0.12-0.45-0.240.00.21-0.94-0.10.1-0.03-0.47
0.950.930.320.720.960.760.93-0.010.93-0.890.85-1.00.73-0.050.24-0.390.670.850.890.210.120.930.970.950.66
0.370.420.770.760.340.640.3-0.920.42-0.230.2-0.12-0.490.240.82-0.030.690.520.3-0.940.120.420.240.360.71
1.01.00.630.910.990.840.94-0.361.0-0.860.89-0.940.470.170.58-0.380.820.930.91-0.10.930.420.981.00.81
0.990.980.520.810.990.760.96-0.180.98-0.850.89-0.980.620.150.44-0.450.740.890.90.10.970.240.980.990.73
1.01.00.590.881.00.810.95-0.291.0-0.860.89-0.960.530.150.52-0.410.80.910.91-0.030.950.361.00.990.79
0.80.810.760.90.790.780.72-0.520.81-0.480.47-0.670.10.360.7-0.621.00.80.56-0.470.660.710.810.730.79
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Angel Oak Account Relationship Matchups

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Additional Tools for Angel Stock Analysis

When running Angel Oak's price analysis, check to measure Angel Oak's 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 Angel Oak is operating at the current time. Most of Angel Oak's value examination focuses on studying past and present price action to predict the probability of Angel Oak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angel Oak's price. Additionally, you may evaluate how the addition of Angel Oak to your portfolios can decrease your overall portfolio volatility.