AgriFORCE Ebit vs Depreciation And Amortization Analysis

AGRI Stock  USD 0.12  0.02  14.29%   
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 Ebit and its Depreciation And Amortization 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.

Ebit vs Depreciation And Amortization

Ebit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AgriFORCE Growing Systems Ebit account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AgriFORCE Growing's Ebit and Depreciation And Amortization is -0.5. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Depreciation And Amortization 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 Ebit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of AgriFORCE Growing Systems are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebit i.e., AgriFORCE Growing's Ebit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ebit

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Depreciation11.8K22.4K519.4K545.4K
Total Operating Expenses6.9M13.7M5.6M6.8M

AgriFORCE Growing fundamental ratios Correlations

0.730.960.99-0.150.690.05-0.90.470.710.960.710.080.860.570.940.670.610.840.980.880.690.740.83-0.160.83
0.730.720.80.110.39-0.54-0.750.590.930.550.93-0.380.90.570.470.350.60.330.630.590.390.930.780.330.75
0.960.720.93-0.330.570.14-0.940.540.620.950.62-0.050.890.480.870.530.710.750.970.820.580.650.87-0.310.86
0.990.80.93-0.050.68-0.11-0.880.480.810.910.810.080.870.610.90.650.610.780.940.860.680.840.84-0.010.83
-0.150.11-0.33-0.05-0.19-0.640.29-0.620.35-0.320.350.22-0.24-0.14-0.20.04-0.34-0.23-0.260.05-0.190.33-0.230.81-0.15
0.690.390.570.68-0.190.06-0.380.490.390.70.390.210.610.90.770.91-0.040.840.680.371.00.420.27-0.050.22
0.05-0.540.14-0.11-0.640.06-0.08-0.13-0.660.31-0.660.18-0.19-0.30.280.120.030.390.220.110.06-0.62-0.03-0.95-0.01
-0.9-0.75-0.94-0.880.29-0.38-0.08-0.53-0.66-0.86-0.660.16-0.82-0.32-0.77-0.36-0.88-0.64-0.89-0.88-0.39-0.68-0.980.29-0.98
0.470.590.540.48-0.620.49-0.13-0.530.410.420.41-0.380.720.70.320.180.490.270.430.120.490.420.53-0.130.42
0.710.930.620.810.350.39-0.66-0.660.410.491.0-0.080.750.550.490.350.510.320.570.630.391.00.70.530.69
0.960.550.950.91-0.320.70.31-0.860.420.490.490.130.780.490.970.690.560.90.990.840.70.530.76-0.40.76
0.710.930.620.810.350.39-0.66-0.660.411.00.49-0.080.750.550.490.350.510.320.570.630.391.00.70.530.69
0.08-0.38-0.050.080.220.210.180.16-0.38-0.080.13-0.08-0.33-0.010.310.17-0.230.280.080.140.21-0.07-0.220.04-0.17
0.860.90.890.87-0.240.61-0.19-0.820.720.750.780.75-0.330.690.680.530.590.580.830.610.620.770.79-0.020.74
0.570.570.480.61-0.140.9-0.3-0.320.70.550.490.55-0.010.690.530.710.00.570.50.180.90.570.260.230.18
0.940.470.870.9-0.20.770.28-0.770.320.490.970.490.310.680.530.770.430.960.960.840.770.530.67-0.310.68
0.670.350.530.650.040.910.12-0.360.180.350.690.350.170.530.710.77-0.130.880.680.490.910.390.23-0.040.23
0.610.60.710.61-0.34-0.040.03-0.880.490.510.560.51-0.230.590.00.43-0.130.240.590.68-0.030.520.93-0.290.92
0.840.330.750.78-0.230.840.39-0.640.270.320.90.320.280.580.570.960.880.240.870.730.840.370.51-0.370.52
0.980.630.970.94-0.260.680.22-0.890.430.570.990.570.080.830.50.960.680.590.870.870.680.610.81-0.320.8
0.880.590.820.860.050.370.11-0.880.120.630.840.630.140.610.180.840.490.680.730.870.380.650.85-0.190.9
0.690.390.580.68-0.191.00.06-0.390.490.390.70.390.210.620.90.770.91-0.030.840.680.380.430.27-0.050.23
0.740.930.650.840.330.42-0.62-0.680.421.00.531.0-0.070.770.570.530.390.520.370.610.650.430.720.490.71
0.830.780.870.84-0.230.27-0.03-0.980.530.70.760.7-0.220.790.260.670.230.930.510.810.850.270.72-0.20.99
-0.160.33-0.31-0.010.81-0.05-0.950.29-0.130.53-0.40.530.04-0.020.23-0.31-0.04-0.29-0.37-0.32-0.19-0.050.49-0.2-0.2
0.830.750.860.83-0.150.22-0.01-0.980.420.690.760.69-0.170.740.180.680.230.920.520.80.90.230.710.99-0.2
Click cells to compare fundamentals

AgriFORCE Growing Account Relationship Matchups

AgriFORCE Growing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4M3.4M11.8M21.8M17.4M10.8M
Other Current Liab451.8K939.4K1.9M649.6K1.4M982.6K
Total Current Liabilities1.4M1.9M2.3M5.4M6.0M3.2M
Total Stockholder Equity3.0M1.4M8.0M10.5M8.6M5.8M
Net Tangible Assets(3.7M)(5.3M)6.5M(2.5M)(2.9M)(2.8M)
Property Plant And Equipment Net2.1M2.1M2.1M5.8M125.4K119.1K
Net Debt(2.2M)(622.0K)(7.7M)3.2M251.4K264.0K
Retained Earnings(8.4M)(12.5M)(19.9M)(32.8M)(44.5M)(42.3M)
Accounts Payable923.8K991.6K414.1K498.2K578.1K657.6K
Cash2.2M653.4K7.8M2.3M3.9M3.1M
Non Current Assets Total2.1M2.5M3.6M18.9M13.1M7.4M
Cash And Short Term Investments2.2M653.4K7.8M2.3M3.9M3.1M
Net Receivables47.7K9.0K32.3K48.9K30.9K27.4K
Liabilities And Stockholders Equity4.4M3.4M11.8M21.8M17.4M10.8M
Non Current Liabilities Total923.8K31.4K1.5M5.9M2.8M2.1M
Inventory9.4K170K246.4K548.8K38.9K36.9K
Other Current Assets88.4K43.0K62.6K49.5K272.9K286.5K
Other Stockholder Equity738.8K1.4M2.3M16.8M3.5M4.6M
Total Liab1.4M2.0M3.8M11.3M8.8M5.0M
Net Invested Capital(3.7M)(5.3M)8.0M14.5M12.7M13.3M
Property Plant And Equipment Gross2.1M2.1M2.1M5.9M154.7K146.9K
Total Current Assets2.3M875.4K8.1M2.9M4.2M3.4M
Accumulated Other Comprehensive Income164.9K119.1K(33.1K)(642.7K)(229.5K)(218.0K)
Capital Stock10.4M12.4M25.6M27.1M49.8M52.3M
Net Working Capital928.8K(1.1M)5.8M(2.4M)(1.8M)(1.7M)
Common Stock3.7M5.7M25.6M27.1M49.8M52.3M
Property Plant Equipment2.1M2.1M2.1M3.8M4.3M2.2M

Currently Active Assets on Macroaxis

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:
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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.