Airnet Cash And Short Term Investments vs Total Assets Analysis

ANTE Stock  USD 1.08  0.11  9.24%   
Airnet Technology financial indicator trend analysis is way more than just evaluating Airnet Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airnet Technology is a good investment. Please check the relationship between Airnet Technology Cash And Short Term Investments and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airnet Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Airnet Stock refer to our How to Trade Airnet Stock guide.

Cash And Short Term Investments vs Total Assets

Cash And Short Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airnet Technology Cash And Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Airnet Technology's Cash And Short Term Investments and Total Assets is 0.89. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Airnet Technology, assuming nothing else is changed. The correlation between historical values of Airnet Technology's Cash And Short Term Investments and Total 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 Cash And Short Term Investments of Airnet Technology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., Airnet Technology's Cash And Short Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Airnet Technology balance sheet. This account contains Airnet Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Airnet Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Assets

Total assets refers to the total amount of Airnet Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Airnet Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Airnet Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airnet Technology 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 Airnet Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Airnet Stock refer to our How to Trade Airnet Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 3.39, whereas Selling General Administrative is forecasted to decline to about 2.6 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses10.9M7.2M3.3M3.2M
Cost Of Revenue14.8M5.2M1.4M1.3M

Airnet Technology fundamental ratios Correlations

-0.28-0.70.430.990.910.4-0.880.720.760.880.910.220.890.91-0.04-0.30.370.030.440.560.370.980.64-0.240.06
-0.280.570.25-0.32-0.35-0.410.43-0.58-0.5-0.37-0.07-0.07-0.46-0.160.70.560.23-0.19-0.120.330.34-0.360.240.670.04
-0.70.570.28-0.77-0.6-0.250.77-0.92-0.57-0.72-0.61-0.26-0.72-0.570.590.44-0.350.1-0.370.150.01-0.7-0.40.520.14
0.430.250.280.330.470.42-0.19-0.260.480.230.4-0.040.310.380.670.12-0.110.270.130.930.470.420.180.330.29
0.99-0.32-0.770.330.880.38-0.910.780.730.90.90.240.90.9-0.12-0.320.390.00.430.470.350.980.65-0.270.02
0.91-0.35-0.60.470.880.5-0.840.650.770.850.80.070.880.73-0.06-0.320.120.040.60.50.450.90.48-0.240.23
0.4-0.41-0.250.420.380.5-0.370.130.690.380.090.00.580.220.15-0.32-0.530.630.120.220.390.53-0.240.090.25
-0.880.430.77-0.19-0.91-0.84-0.37-0.82-0.65-1.0-0.77-0.11-0.96-0.710.220.4-0.280.18-0.6-0.28-0.4-0.88-0.560.35-0.06
0.72-0.58-0.92-0.260.780.650.13-0.820.440.780.60.150.750.66-0.65-0.390.31-0.230.37-0.140.00.730.53-0.58-0.06
0.76-0.5-0.570.480.730.770.69-0.650.440.630.640.350.740.52-0.05-0.230.00.30.330.470.160.760.04-0.27-0.07
0.88-0.37-0.720.230.90.850.38-1.00.780.630.760.070.960.7-0.15-0.380.25-0.170.620.310.480.880.57-0.290.11
0.91-0.07-0.610.40.90.80.09-0.770.60.640.760.330.710.80.03-0.150.65-0.210.530.620.290.810.69-0.24-0.11
0.22-0.07-0.26-0.040.240.070.0-0.110.150.350.070.330.080.15-0.090.340.39-0.070.040.1-0.230.15-0.17-0.18-0.92
0.89-0.46-0.720.310.90.880.58-0.960.750.740.960.710.080.7-0.15-0.390.1-0.030.570.340.440.920.47-0.30.14
0.91-0.16-0.570.380.90.730.22-0.710.660.520.70.80.150.7-0.03-0.240.420.080.130.520.280.90.75-0.20.09
-0.040.70.590.67-0.12-0.060.150.22-0.65-0.05-0.150.03-0.09-0.15-0.030.290.00.23-0.040.650.51-0.070.010.610.18
-0.30.560.440.12-0.32-0.32-0.320.4-0.39-0.23-0.38-0.150.34-0.39-0.240.29-0.03-0.21-0.230.11-0.08-0.35-0.170.08-0.43
0.370.23-0.35-0.110.390.12-0.53-0.280.310.00.250.650.390.10.420.0-0.03-0.490.270.26-0.080.210.61-0.21-0.41
0.03-0.190.10.270.00.040.630.18-0.230.3-0.17-0.21-0.07-0.030.080.23-0.21-0.49-0.530.090.080.14-0.40.250.28
0.44-0.12-0.370.130.430.60.12-0.60.370.330.620.530.040.570.13-0.04-0.230.27-0.530.220.380.360.31-0.170.04
0.560.330.150.930.470.50.22-0.28-0.140.470.310.620.10.340.520.650.110.260.090.220.420.490.390.250.13
0.370.340.010.470.350.450.39-0.40.00.160.480.29-0.230.440.280.51-0.08-0.080.080.380.420.390.350.460.42
0.98-0.36-0.70.420.980.90.53-0.880.730.760.880.810.150.920.9-0.07-0.350.210.140.360.490.390.57-0.220.13
0.640.24-0.40.180.650.48-0.24-0.560.530.040.570.69-0.170.470.750.01-0.170.61-0.40.310.390.350.57-0.020.26
-0.240.670.520.33-0.27-0.240.090.35-0.58-0.27-0.29-0.24-0.18-0.3-0.20.610.08-0.210.25-0.170.250.46-0.22-0.020.27
0.060.040.140.290.020.230.25-0.06-0.06-0.070.11-0.11-0.920.140.090.18-0.43-0.410.280.040.130.420.130.260.27
Click cells to compare fundamentals

Airnet Technology Account Relationship Matchups

Airnet Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets97.7M115.1M96.0M115.1M72.2M68.6M
Short Long Term Debt Total4.2M10.8M15.2M14.0M11.1M7.2M
Other Current Liab74.1M80.8M68.0M64.3M63.3M66.4M
Total Current Liabilities113.5M113.8M105.0M101.8M84.4M84.1M
Total Stockholder Equity20.5M31.6M24.5M45.8M11.8M11.3M
Property Plant And Equipment Net14.9M13.6M19.3M10.9M10.2M9.7M
Current Deferred Revenue2.8M2.6M3.4M7.7M7.3M5.2M
Net Debt3.2M10.5M13.6M11.3M10.9M11.5M
Retained Earnings(293.9M)(286.4M)(304.9M)(318.2M)(318.8M)(302.9M)
Accounts Payable35.5M22.2M18.4M15.8M11.6M11.0M
Cash958K283K1.6M2.7M170K161.5K
Non Current Assets Total58.8M56.4M59.4M45.4M42.3M40.1M
Non Currrent Assets Other854K382K513K371K426.7K405.3K
Cash And Short Term Investments5.6M5.4M5.5M3.8M427K405.7K
Net Receivables30.1M35.7M27.7M29.8M22.1M21.0M
Common Stock Shares Outstanding3.1M125.8M175.6M7.8M6.6M6.2M
Liabilities And Stockholders Equity97.7M115.1M96.0M115.1M72.2M68.6M
Non Current Liabilities Total3.1M2.6M13K9K8.8M7.9M
Inventory3.2M17.5M2.6M36.2M32.5M34.2M
Other Current Assets51K64K709K72K7.4M8.4M
Total Liab116.7M116.4M105.0M101.8M93.3M92.0M
Property Plant And Equipment Gross14.9M13.6M63.7M58.0M49.9M44.2M
Total Current Assets38.9M58.6M36.6M69.8M29.9M28.4M
Accumulated Other Comprehensive Income31.7M31.3M31.7M32.0M32.9M27.0M
Short Term Debt1.0M8.2M15.2M14.0M2.3M2.2M
Other Stockholder Equity282.5M286.5M297.5M331.6M297.6M302.4M
Short Term Investments4.7M5.1M4.0M1.1M257K244.2K
Other Assets3.7M884K382K513K461.7K438.6K
Property Plant Equipment13.5M14.9M13.6M19.3M17.4M19.7M
Net Tangible Assets51.4M20.5M31.6M24.5M22.0M20.9M
Capital Lease Obligations1.4M1.0M21K19K6K5.7K
Long Term Investments43.0M42.5M39.6M34.1M32.0M45.9M
Short Long Term Debt144K7.2M15.2M14.0M16.1M16.9M

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 Airnet Technology is a strong investment it is important to analyze Airnet Technology'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 Airnet Technology's future performance. For an informed investment choice regarding Airnet Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airnet Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Airnet Stock refer to our How to Trade Airnet Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Airnet Stock analysis

When running Airnet Technology's price analysis, check to measure Airnet Technology'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 Airnet Technology is operating at the current time. Most of Airnet Technology's value examination focuses on studying past and present price action to predict the probability of Airnet Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airnet Technology's price. Additionally, you may evaluate how the addition of Airnet Technology to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Is Airnet Technology'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 Airnet Technology. If investors know Airnet 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 Airnet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
0.129
Quarterly Revenue Growth
(0.78)
Return On Assets
(0.03)
Return On Equity
(16.31)
The market value of Airnet Technology is measured differently than its book value, which is the value of Airnet that is recorded on the company's balance sheet. Investors also form their own opinion of Airnet Technology's value that differs from its market value or its book value, called intrinsic value, which is Airnet Technology'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 Airnet Technology's market value can be influenced by many factors that don't directly affect Airnet Technology'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 Airnet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airnet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airnet Technology'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.