Airnet Property Plant And Equipment Gross vs Total Liab Analysis

ANTE Stock  USD 1.09  0.03  2.68%   
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 Property Plant And Equipment Gross and its Total Liab 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.

Property Plant And Equipment Gross vs Total Liab

Property Plant And Equipment Gross vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airnet Technology Property Plant And Equipment Gross account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Airnet Technology's Property Plant And Equipment Gross and Total Liab is 0.42. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Liab 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 Property Plant And Equipment Gross and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Airnet Technology are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Gross i.e., Airnet Technology's Property Plant And Equipment Gross and Total Liab go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 1.90, whereas Selling General Administrative is forecasted to decline to about 3.1 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

Pair Trading with Airnet Technology

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

Moving together with Airnet Stock

  0.75CTV Innovid Corp Financial Report 14th of May 2024 PairCorr

Moving against Airnet Stock

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  0.67EVC Entravision CommunicationsPairCorr
  0.6SIRI Sirius XM Holding Aggressive PushPairCorr
The ability to find closely correlated positions to Airnet Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airnet Technology 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 Airnet Technology - 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 Airnet Technology to buy it.
The correlation of Airnet Technology 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 Airnet Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airnet Technology 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 Airnet Technology 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 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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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.
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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.