Ast Reconciled Depreciation vs Total Operating Expenses Analysis
| ASTS Stock | USD 2.26 0.05 2.26% |
Ast Spacemobile financial indicator trend analysis is way more than just evaluating Ast Spacemobile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ast Spacemobile is a good investment. Please check the relationship between Ast Spacemobile Reconciled Depreciation and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ast Spacemobile. 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 more information on how to buy Ast Stock please use our How to Invest in Ast Spacemobile guide.
Reconciled Depreciation vs Total Operating Expenses
Reconciled Depreciation vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ast Spacemobile Reconciled Depreciation account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ast Spacemobile's Reconciled Depreciation and Total Operating Expenses is 0.7. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Ast Spacemobile, assuming nothing else is changed. The correlation between historical values of Ast Spacemobile's Reconciled Depreciation and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Ast Spacemobile are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Ast Spacemobile's Reconciled Depreciation and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Reconciled Depreciation
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Ast Spacemobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ast Spacemobile 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 Ast Spacemobile. 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 more information on how to buy Ast Stock please use our How to Invest in Ast Spacemobile guide.Selling General Administrative is likely to drop to about 30.6 M in 2024. Tax Provision is likely to gain to about (511.1 K) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Minority Interest | 54.3M | 71.5M | 106.8M | 112.1M | Income Tax Expense | 331K | 617K | 1.7M | 1.8M |
Ast Spacemobile fundamental ratios Correlations
Click cells to compare fundamentals
Ast Spacemobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ast Spacemobile fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 240.1K | 4.2M | 7.5M | 13.1M | 23.9M | 25.1M | |
| Total Current Liabilities | 265.8K | 13.1M | 21.4M | 27.8M | 46.2M | 48.5M | |
| Retained Earnings | (2.9M) | (39.9M) | (70.5M) | (102.1M) | (189.7M) | (180.2M) | |
| Accounts Payable | 1.6M | 5.0M | 6.6M | 13.9M | 20.6M | 21.6M | |
| Net Receivables | 328K | 2.1M | 2.2M | 1.7M | 1.2M | 1.4M | |
| Inventory | 182K | 2.6M | 1.4M | 27.7M | 31.9M | 33.5M | |
| Other Current Assets | 131.2K | 2.2M | 4.5M | 334K | 17.6M | 18.5M | |
| Other Stockholder Equity | (29.9M) | 115.3M | 171.2M | 235.4M | 288.4M | 302.8M | |
| Total Current Assets | 624.4K | 50.9M | 335.8M | 268.3M | 106.9M | 141.3M | |
| Common Stock | 202.6M | 5.5M | 18K | 20K | 22K | 20.9K |
Pair Trading with Ast Spacemobile
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 Ast Spacemobile 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 Ast Spacemobile will appreciate offsetting losses from the drop in the long position's value.Moving together with Ast Stock
| 0.72 | BCE | BCE Inc | PairCorr |
Moving against Ast Stock
| 0.74 | CURIW | CuriosityStream | PairCorr |
| 0.72 | IQ | iQIYI Inc Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Ast Spacemobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ast Spacemobile 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 Ast Spacemobile - 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 Ast Spacemobile to buy it.
The correlation of Ast Spacemobile 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 Ast Spacemobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ast Spacemobile 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 Ast Spacemobile 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ast Spacemobile. 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 more information on how to buy Ast Stock please use our How to Invest in Ast Spacemobile guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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When running Ast Spacemobile's price analysis, check to measure Ast Spacemobile'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 Ast Spacemobile is operating at the current time. Most of Ast Spacemobile's value examination focuses on studying past and present price action to predict the probability of Ast Spacemobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ast Spacemobile's price. Additionally, you may evaluate how the addition of Ast Spacemobile to your portfolios can decrease your overall portfolio volatility.
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Is Ast Spacemobile'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 Ast Spacemobile. If investors know Ast 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 Ast Spacemobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.07) | Quarterly Revenue Growth (1.00) | Return On Assets (0.35) | Return On Equity (0.78) |
The market value of Ast Spacemobile is measured differently than its book value, which is the value of Ast that is recorded on the company's balance sheet. Investors also form their own opinion of Ast Spacemobile's value that differs from its market value or its book value, called intrinsic value, which is Ast Spacemobile'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 Ast Spacemobile's market value can be influenced by many factors that don't directly affect Ast Spacemobile'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 Ast Spacemobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ast Spacemobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ast Spacemobile'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.