Connexa Cash vs Non Currrent Assets Other Analysis
YYAI Stock | 0.52 0.11 17.46% |
Connexa Sports financial indicator trend analysis is way more than just evaluating Connexa Sports Techn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Connexa Sports Techn is a good investment. Please check the relationship between Connexa Sports Cash and its Non Currrent Assets Other accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports 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 nation.
Cash vs Non Currrent Assets Other
Cash vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Connexa Sports Techn Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Connexa Sports' Cash and Non Currrent Assets Other is 0.49. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Connexa Sports Technologies, assuming nothing else is changed. The correlation between historical values of Connexa Sports' Cash and Non Currrent Assets Other 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 Connexa Sports Technologies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Connexa Sports' Cash and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Connexa Sports Techn, which is listed under current asset account on Connexa Sports Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Connexa Sports customers. The amounts must be unrestricted with restricted cash listed in a different Connexa Sports 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.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Connexa Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Connexa Sports Techn 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports 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 nation. As of now, Connexa Sports' Selling General Administrative is increasing as compared to previous years. The Connexa Sports' current Issuance Of Capital Stock is estimated to increase to about 21.7 M, while Discontinued Operations is forecasted to increase to (39.2 M).
2022 | 2023 | 2024 | 2025 (projected) | Reconciled Depreciation | 11.6M | 115.1K | 132.3K | 125.7K | Cost Of Revenue | 12.9M | 5.0M | 5.8M | 7.1M |
Connexa Sports fundamental ratios Correlations
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Connexa Sports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Connexa Sports fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 5.7M | 74.9M | 7.1M | 21.6M | 24.9M | 13.5M | |
Short Long Term Debt Total | 6.2M | 17.0M | 3.4M | 2.7M | 3.1M | 4.1M | |
Total Current Liabilities | 24.1M | 39.0M | 23.8M | 12.0M | 13.8M | 12.6M | |
Total Stockholder Equity | (18.5M) | 32.5M | (18.6M) | 9.6M | 11.0M | 11.6M | |
Net Debt | 5.2M | 16.3M | 3.2M | 2.5M | 2.9M | 3.8M | |
Retained Earnings | (28.8M) | (80.6M) | (151.8M) | (167.4M) | (150.6M) | (143.1M) | |
Cash | 928.8K | 665.0K | 202.1K | 229.7K | 264.2K | 262.7K | |
Cash And Short Term Investments | 928.8K | 665.0K | 202.1K | 16.7M | 19.2M | 20.2M | |
Liabilities And Stockholders Equity | 5.7M | 74.9M | 7.1M | 21.6M | 24.9M | 13.5M | |
Non Current Liabilities Total | 10.1K | 1.9M | 10.5K | 3.4M | 2.0M | 0.0 | |
Total Liab | 24.1M | 42.4M | 25.7M | 12.0M | 13.8M | 13.5M | |
Total Current Assets | 5.6M | 12.8M | 5.0M | 19.6M | 22.6M | 23.7M | |
Short Term Debt | 6.1M | 15.2M | 1.5M | 2.7M | 3.1M | 3.4M | |
Common Stock | 27.6K | 4.2K | 13.5K | 1.8K | 2.1K | 2.0K | |
Other Current Liab | 16.9M | 18.4M | 16.8M | 4.6M | 5.3M | 7.9M | |
Non Current Assets Total | 112.9K | 62.0M | 2.1M | 2.0M | 2.3M | 2.2M | |
Common Stock Shares Outstanding | 3.3M | 4.8M | 1.4M | 482.0K | 433.8K | 412.1K | |
Other Current Assets | 200.2K | 2.5M | 263.0K | 395.7K | 455.1K | 518.8K | |
Other Stockholder Equity | 10.4M | 113.0M | 133.0M | 176.8M | 203.3M | 213.5M | |
Net Tangible Assets | (5.0M) | (18.6M) | 20.9M | (18.7M) | (16.8M) | (16.0M) | |
Net Invested Capital | (12.3M) | 49.5M | (15.2M) | 12.3M | 14.2M | 14.9M | |
Short Long Term Debt | 6.1M | 15.0M | 1.5M | 2.7M | 3.1M | 5.0M | |
Capital Stock | 27.6K | 4.2K | 13.5K | 1.8K | 1.6K | 1.6K | |
Net Working Capital | (18.6M) | (26.2M) | (18.8M) | 7.6M | 6.8M | 7.2M | |
Accounts Payable | 1.0M | 5.3M | 5.5M | 4.7M | 5.4M | 3.8M | |
Net Receivables | 762.5K | 1.3M | 399.7K | 273.9K | 315.0K | 595.1K | |
Inventory | 3.7M | 8.4M | 4.1M | 2.4M | 2.8M | 4.3M | |
Accumulated Other Comprehensive Income | (20.2K) | 55.0K | 142.5K | 183.5K | 211.1K | 221.6K |
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When determining whether Connexa Sports Techn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Connexa Sports' 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 Connexa Sports Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connexa Sports Technologies Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports 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 nation. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Apparel, Accessories & Luxury Goods 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 Connexa Sports. If investors know Connexa 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 Connexa Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Connexa Sports Techn is measured differently than its book value, which is the value of Connexa that is recorded on the company's balance sheet. Investors also form their own opinion of Connexa Sports' value that differs from its market value or its book value, called intrinsic value, which is Connexa Sports' 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 Connexa Sports' market value can be influenced by many factors that don't directly affect Connexa Sports' 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 Connexa Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Connexa Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connexa Sports' 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.