Agilysys Current Assets from 2010 to 2023

AGYS Stock  USD 86.09  1.19  1.40%   
Agilysys Current Assets yearly trend continues to be comparatively stable with very little volatility. Current Assets will likely drop to about 145.1 M in 2023. From the period from 2010 to 2023, Agilysys Current Assets quarterly data regression had r-squared of 0.00099144 and coefficient of variation of  26.74. At this time, Agilysys' Weighted Average Shares Diluted is comparatively stable as compared to the past year. . Income Tax Expense is likely to gain to about 1.3 M in 2023, whereas Gross Profit is likely to drop slightly above 108 M in 2023.

Agilysys Quarterly Current Assets

153.41 Million

Check Agilysys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Agilysys main balance sheet or income statement drivers, such as Direct Expenses of 79.3 M, Consolidated Income of 15.7 M or Cost of Revenue of 73.8 M, as well as many exotic indicators such as Interest Coverage of 28.59, Long Term Debt to Equity of 0.0 or Calculated Tax Rate of 8.09. Agilysys financial statements analysis is a perfect complement when working with Agilysys Valuation or Volatility modules.
  
This module can also supplement Agilysys' financial leverage analysis and stock options assessment as well as various Agilysys Technical models . Check out the analysis of Agilysys Correlation against competitors.
For more information on how to buy Agilysys Stock please use our How to Invest in Agilysys guide.

Agilysys Current Assets Breakdown

Showing smoothed Current Assets of Agilysys with missing and latest data points interpolated. Current assets of Agilysys include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Agilysys. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets. Agilysys' Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Agilysys' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 95.5 M10 Years Trend
Very volatile
   Current Assets   
       Timeline  

Agilysys Current Assets Regression Statistics

Arithmetic Mean117,736,872
Geometric Mean113,321,797
Coefficient Of Variation26.74
Mean Deviation28,006,176
Median133,250,000
Standard Deviation31,483,809
Range90,734,000
R-Value(0.031487)
R-Squared0.00099144
Significance0.91
Slope(236,974)

Agilysys Current Assets History

2023145.1 M
2022154.7 M
2021136.2 M
2020133.2 M
201993.4 M
201879 M
201763.9 M
201673.5 M
201595.5 M
2014105 M
2013129.9 M

Other Fundumenentals of Agilysys

Agilysys Current Assets component correlations

About Agilysys Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Agilysys income statement, its balance sheet, and the statement of cash flows. Agilysys investors use historical funamental indicators, such as Agilysys's Current Assets, to determine how well the company is positioned to perform in the future. Although Agilysys investors may use each financial statement separately, they are all related. The changes in Agilysys's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Agilysys's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Agilysys Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Agilysys. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Current Assets154.7 M145.1 M
Net Current Assets as percentage of Total Assets 31.33  32.15 
Average Assets229.7 M226.1 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in Agilysys without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Correlation Analysis Now

   

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
All  Next Launch Module

Pair Trading with Agilysys

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 Agilysys 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 Agilysys will appreciate offsetting losses from the drop in the long position's value.

Moving against Agilysys Stock

-0.86ZIZoomInfo Technologies Fiscal Quarter End 31st of December 2023 PairCorr
-0.85EBEventbrite Class A Fiscal Quarter End 31st of December 2023 PairCorr
-0.72WKWorkiva Fiscal Quarter End 31st of December 2023 PairCorr
-0.69VSVersus Systems Fiscal Quarter End 31st of December 2023 PairCorr
-0.53ZMZoom Video Communications Sell-off TrendPairCorr
The ability to find closely correlated positions to Agilysys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agilysys 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 Agilysys - 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 Agilysys to buy it.
The correlation of Agilysys is a statistical measure of how it moves in relation to other equities. 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 Agilysys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agilysys 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 Agilysys 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 CorrelationCorrelation Matching
When determining whether Agilysys is a strong investment it is important to analyze Agilysys' 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 Agilysys' future performance. For an informed investment choice regarding Agilysys Stock, refer to the following important reports:
Check out the analysis of Agilysys Correlation against competitors.
For more information on how to buy Agilysys Stock please use our How to Invest in Agilysys guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Agilysys Stock analysis

When running Agilysys' price analysis, check to measure Agilysys' 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 Agilysys is operating at the current time. Most of Agilysys' value examination focuses on studying past and present price action to predict the probability of Agilysys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agilysys' price. Additionally, you may evaluate how the addition of Agilysys to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Is Agilysys' 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 Agilysys. If investors know Agilysys 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 Agilysys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.333
Earnings Share
0.47
Revenue Per Share
8.745
Quarterly Revenue Growth
0.228
Return On Assets
0.0333
The market value of Agilysys is measured differently than its book value, which is the value of Agilysys that is recorded on the company's balance sheet. Investors also form their own opinion of Agilysys' value that differs from its market value or its book value, called intrinsic value, which is Agilysys' 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 Agilysys' market value can be influenced by many factors that don't directly affect Agilysys' 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 Agilysys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilysys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilysys' 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.