AgriFORCE Net Invested Capital vs Net Tangible Assets Analysis

AGRI Stock

USD 0.12 0.01 9.09%

AgriFORCE Growing financial indicator trend analysis is way more than just evaluating AgriFORCE Growing Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AgriFORCE Growing Systems is a good investment. Please check the relationship between AgriFORCE Growing Net Invested Capital and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AgriFORCE Growing Systems Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between AgriFORCE Growing's Net Invested Capital and Net Tangible Assets is 0.05. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of AgriFORCE Growing Systems, assuming nothing else is changed. The correlation between historical values of AgriFORCE Growing's Net Invested Capital and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of AgriFORCE Growing Systems are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., AgriFORCE Growing's Net Invested Capital and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from AgriFORCE Growing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AgriFORCE Growing Systems 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 AgriFORCE Growing Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

The current Selling General Administrative is estimated to decrease to about 6.4 M. The current Issuance Of Capital Stock is estimated to decrease to about 1.3 M

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	11.8K	22.4K	519.4K	545.4K
Total Operating Expenses	6.9M	13.7M	5.6M	6.8M

Reconciled Depreciation Total Operating Expenses

AgriFORCE Growing fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock
Total Assets		0.73	0.96	0.99	-0.15	0.69	0.05	-0.9	0.47	0.71	0.96	0.71	0.08	0.86	0.57	0.94	0.67	0.61	0.84	0.98	0.88	0.69	0.74	0.83	-0.16	0.83
Other Current Liab	0.73		0.72	0.8	0.11	0.39	-0.54	-0.75	0.59	0.93	0.55	0.93	-0.38	0.9	0.57	0.47	0.35	0.6	0.33	0.63	0.59	0.39	0.93	0.78	0.33	0.75
Total Current Liabilities	0.96	0.72		0.93	-0.33	0.57	0.14	-0.94	0.54	0.62	0.95	0.62	-0.05	0.89	0.48	0.87	0.53	0.71	0.75	0.97	0.82	0.58	0.65	0.87	-0.31	0.86
Total Stockholder Equity	0.99	0.8	0.93		-0.05	0.68	-0.11	-0.88	0.48	0.81	0.91	0.81	0.08	0.87	0.61	0.9	0.65	0.61	0.78	0.94	0.86	0.68	0.84	0.84	-0.01	0.83
Net Tangible Assets	-0.15	0.11	-0.33	-0.05		-0.19	-0.64	0.29	-0.62	0.35	-0.32	0.35	0.22	-0.24	-0.14	-0.2	0.04	-0.34	-0.23	-0.26	0.05	-0.19	0.33	-0.23	0.81	-0.15
Property Plant And Equipment Net	0.69	0.39	0.57	0.68	-0.19		0.06	-0.38	0.49	0.39	0.7	0.39	0.21	0.61	0.9	0.77	0.91	-0.04	0.84	0.68	0.37	1.0	0.42	0.27	-0.05	0.22
Net Debt	0.05	-0.54	0.14	-0.11	-0.64	0.06		-0.08	-0.13	-0.66	0.31	-0.66	0.18	-0.19	-0.3	0.28	0.12	0.03	0.39	0.22	0.11	0.06	-0.62	-0.03	-0.95	-0.01
Retained Earnings	-0.9	-0.75	-0.94	-0.88	0.29	-0.38	-0.08		-0.53	-0.66	-0.86	-0.66	0.16	-0.82	-0.32	-0.77	-0.36	-0.88	-0.64	-0.89	-0.88	-0.39	-0.68	-0.98	0.29	-0.98
Accounts Payable	0.47	0.59	0.54	0.48	-0.62	0.49	-0.13	-0.53		0.41	0.42	0.41	-0.38	0.72	0.7	0.32	0.18	0.49	0.27	0.43	0.12	0.49	0.42	0.53	-0.13	0.42
Cash	0.71	0.93	0.62	0.81	0.35	0.39	-0.66	-0.66	0.41		0.49	1.0	-0.08	0.75	0.55	0.49	0.35	0.51	0.32	0.57	0.63	0.39	1.0	0.7	0.53	0.69
Non Current Assets Total	0.96	0.55	0.95	0.91	-0.32	0.7	0.31	-0.86	0.42	0.49		0.49	0.13	0.78	0.49	0.97	0.69	0.56	0.9	0.99	0.84	0.7	0.53	0.76	-0.4	0.76
Cash And Short Term Investments	0.71	0.93	0.62	0.81	0.35	0.39	-0.66	-0.66	0.41	1.0	0.49		-0.08	0.75	0.55	0.49	0.35	0.51	0.32	0.57	0.63	0.39	1.0	0.7	0.53	0.69
Net Receivables	0.08	-0.38	-0.05	0.08	0.22	0.21	0.18	0.16	-0.38	-0.08	0.13	-0.08		-0.33	-0.01	0.31	0.17	-0.23	0.28	0.08	0.14	0.21	-0.07	-0.22	0.04	-0.17
Common Stock Total Equity	0.86	0.9	0.89	0.87	-0.24	0.61	-0.19	-0.82	0.72	0.75	0.78	0.75	-0.33		0.69	0.68	0.53	0.59	0.58	0.83	0.61	0.62	0.77	0.79	-0.02	0.74
Common Stock Shares Outstanding	0.57	0.57	0.48	0.61	-0.14	0.9	-0.3	-0.32	0.7	0.55	0.49	0.55	-0.01	0.69		0.53	0.71	0.0	0.57	0.5	0.18	0.9	0.57	0.26	0.23	0.18
Non Current Liabilities Total	0.94	0.47	0.87	0.9	-0.2	0.77	0.28	-0.77	0.32	0.49	0.97	0.49	0.31	0.68	0.53		0.77	0.43	0.96	0.96	0.84	0.77	0.53	0.67	-0.31	0.68
Inventory	0.67	0.35	0.53	0.65	0.04	0.91	0.12	-0.36	0.18	0.35	0.69	0.35	0.17	0.53	0.71	0.77		-0.13	0.88	0.68	0.49	0.91	0.39	0.23	-0.04	0.23
Other Current Assets	0.61	0.6	0.71	0.61	-0.34	-0.04	0.03	-0.88	0.49	0.51	0.56	0.51	-0.23	0.59	0.0	0.43	-0.13		0.24	0.59	0.68	-0.03	0.52	0.93	-0.29	0.92
Other Stockholder Equity	0.84	0.33	0.75	0.78	-0.23	0.84	0.39	-0.64	0.27	0.32	0.9	0.32	0.28	0.58	0.57	0.96	0.88	0.24		0.87	0.73	0.84	0.37	0.51	-0.37	0.52
Total Liab	0.98	0.63	0.97	0.94	-0.26	0.68	0.22	-0.89	0.43	0.57	0.99	0.57	0.08	0.83	0.5	0.96	0.68	0.59	0.87		0.87	0.68	0.61	0.81	-0.32	0.8
Net Invested Capital	0.88	0.59	0.82	0.86	0.05	0.37	0.11	-0.88	0.12	0.63	0.84	0.63	0.14	0.61	0.18	0.84	0.49	0.68	0.73	0.87		0.38	0.65	0.85	-0.19	0.9
Property Plant And Equipment Gross	0.69	0.39	0.58	0.68	-0.19	1.0	0.06	-0.39	0.49	0.39	0.7	0.39	0.21	0.62	0.9	0.77	0.91	-0.03	0.84	0.68	0.38		0.43	0.27	-0.05	0.23
Total Current Assets	0.74	0.93	0.65	0.84	0.33	0.42	-0.62	-0.68	0.42	1.0	0.53	1.0	-0.07	0.77	0.57	0.53	0.39	0.52	0.37	0.61	0.65	0.43		0.72	0.49	0.71
Capital Stock	0.83	0.78	0.87	0.84	-0.23	0.27	-0.03	-0.98	0.53	0.7	0.76	0.7	-0.22	0.79	0.26	0.67	0.23	0.93	0.51	0.81	0.85	0.27	0.72		-0.2	0.99
Net Working Capital	-0.16	0.33	-0.31	-0.01	0.81	-0.05	-0.95	0.29	-0.13	0.53	-0.4	0.53	0.04	-0.02	0.23	-0.31	-0.04	-0.29	-0.37	-0.32	-0.19	-0.05	0.49	-0.2		-0.2
Common Stock	0.83	0.75	0.86	0.83	-0.15	0.22	-0.01	-0.98	0.42	0.69	0.76	0.69	-0.17	0.74	0.18	0.68	0.23	0.92	0.52	0.8	0.9	0.23	0.71	0.99	-0.2

Click cells to compare fundamentals

AgriFORCE Growing Account Relationship Matchups

AgriFORCE Growing fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.4M	3.4M	11.8M	21.8M	17.4M	10.8M
Other Current Liab	451.8K	939.4K	1.9M	649.6K	1.4M	982.6K
Total Current Liabilities	1.4M	1.9M	2.3M	5.4M	6.0M	3.2M
Total Stockholder Equity	3.0M	1.4M	8.0M	10.5M	8.6M	5.8M
Net Tangible Assets	(3.7M)	(5.3M)	6.5M	(2.5M)	(2.9M)	(2.8M)
Property Plant And Equipment Net	2.1M	2.1M	2.1M	5.8M	125.4K	119.1K
Net Debt	(2.2M)	(622.0K)	(7.7M)	3.2M	251.4K	264.0K
Retained Earnings	(8.4M)	(12.5M)	(19.9M)	(32.8M)	(44.5M)	(42.3M)
Accounts Payable	923.8K	991.6K	414.1K	498.2K	578.1K	657.6K
Cash	2.2M	653.4K	7.8M	2.3M	3.9M	3.1M
Non Current Assets Total	2.1M	2.5M	3.6M	18.9M	13.1M	7.4M
Cash And Short Term Investments	2.2M	653.4K	7.8M	2.3M	3.9M	3.1M
Net Receivables	47.7K	9.0K	32.3K	48.9K	30.9K	27.4K
Liabilities And Stockholders Equity	4.4M	3.4M	11.8M	21.8M	17.4M	10.8M
Non Current Liabilities Total	923.8K	31.4K	1.5M	5.9M	2.8M	2.1M
Inventory	9.4K	170K	246.4K	548.8K	38.9K	36.9K
Other Current Assets	88.4K	43.0K	62.6K	49.5K	272.9K	286.5K
Other Stockholder Equity	738.8K	1.4M	2.3M	16.8M	3.5M	4.6M
Total Liab	1.4M	2.0M	3.8M	11.3M	8.8M	5.0M
Net Invested Capital	(3.7M)	(5.3M)	8.0M	14.5M	12.7M	13.3M
Property Plant And Equipment Gross	2.1M	2.1M	2.1M	5.9M	154.7K	146.9K
Total Current Assets	2.3M	875.4K	8.1M	2.9M	4.2M	3.4M
Accumulated Other Comprehensive Income	164.9K	119.1K	(33.1K)	(642.7K)	(229.5K)	(218.0K)
Capital Stock	10.4M	12.4M	25.6M	27.1M	49.8M	52.3M
Net Working Capital	928.8K	(1.1M)	5.8M	(2.4M)	(1.8M)	(1.7M)
Common Stock	3.7M	5.7M	25.6M	27.1M	49.8M	52.3M
Property Plant Equipment	2.1M	2.1M	2.1M	3.8M	4.3M	2.2M

Pair Trading with AgriFORCE Growing

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AgriFORCE Growing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AgriFORCE Growing will appreciate offsetting losses from the drop in the long position's value.

Moving together with AgriFORCE Stock

0.67	FMX	Fomento Economico	Pair Corr
0.81	SAM	Boston Beer	Pair Corr

Moving against AgriFORCE Stock

0.83	CL	Colgate Palmolive Financial Report 26th of July 2024	Pair Corr
0.79	PM	Philip Morris Intern	Pair Corr
0.75	MAMA	Mamas Creations Symbol Change	Pair Corr
0.75	BJ	BJs Wholesale Club Financial Report 28th of May 2024	Pair Corr
0.73	MO	Altria Group Aggressive Push	Pair Corr

The ability to find closely correlated positions to AgriFORCE Growing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AgriFORCE Growing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AgriFORCE Growing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AgriFORCE Growing Systems to buy it.

The correlation of AgriFORCE Growing is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AgriFORCE Growing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AgriFORCE Growing Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for AgriFORCE Growing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether AgriFORCE Growing Systems is a strong investment it is important to analyze AgriFORCE Growing'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 AgriFORCE Growing's future performance. For an informed investment choice regarding AgriFORCE Stock, refer to the following important reports:

How To Invest In AgriFORCE

Details

Is AgriFORCE Stock a good investment?

Details

What is AgriFORCE Growing's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for AgriFORCE Stock analysis

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

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Is AgriFORCE Growing's industry 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 AgriFORCE Growing. If investors know AgriFORCE 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 AgriFORCE Growing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(505.50)

Revenue Per Share

0.014

Return On Assets

(0.27)

Return On Equity

(1.23)

The market value of AgriFORCE Growing Systems is measured differently than its book value, which is the value of AgriFORCE that is recorded on the company's balance sheet. Investors also form their own opinion of AgriFORCE Growing's value that differs from its market value or its book value, called intrinsic value, which is AgriFORCE Growing'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 AgriFORCE Growing's market value can be influenced by many factors that don't directly affect AgriFORCE Growing'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 AgriFORCE Growing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AgriFORCE Growing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AgriFORCE Growing'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.

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AgriFORCE Net Invested Capital vs Net Tangible Assets Analysis

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Tangible Assets

AgriFORCE Growing fundamental ratios Correlations

AgriFORCE Growing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AgriFORCE Growing fundamental ratios Accounts

Pair Trading with AgriFORCE Growing

Moving together with AgriFORCE Stock

Moving against AgriFORCE Stock

Complementary Tools for AgriFORCE Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Assets Total

Common Stock	- 0.98	Retained Earnings
Capital Stock	- 0.98	Retained Earnings
Net Working Capital	- 0.95	Net Debt
Retained Earnings	- 0.94	Total Current Liabilities
Retained Earnings	- 0.9	Total Assets
Total Liab	- 0.89	Retained Earnings