Guardforce Other Current Liab vs Non Currrent Assets Other Analysis

GFAI Stock  USD 2.84  0.06  2.07%   
Guardforce financial indicator trend analysis is much more than just examining Guardforce AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardforce AI is a good investment. Please check the relationship between Guardforce Other Current Liab and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Other Current Liab vs Non Currrent Assets Other

Other Current Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardforce AI Other Current Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Guardforce's Other Current Liab and Non Currrent Assets Other is -0.77. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Guardforce AI Co, assuming nothing else is changed. The correlation between historical values of Guardforce's Other Current Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Guardforce AI Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Liab i.e., Guardforce's Other Current Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Guardforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardforce AI 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
As of now, Guardforce's Tax Provision is increasing as compared to previous years. The Guardforce's current Sales General And Administrative To Revenue is estimated to increase to 0.31, while Selling General Administrative is projected to decrease to under 6.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense984.8K1.1M653.4K936.4K
Depreciation And Amortization5.0M6.0M5.2M4.9M

Guardforce fundamental ratios Correlations

0.230.870.040.750.660.750.32-0.22-0.690.30.620.71-0.740.610.620.80.490.48-0.380.70.680.95-0.360.870.49
0.23-0.070.35-0.470.03-0.430.890.850.52-0.38-0.410.580.110.08-0.410.22-0.70.720.76-0.520.660.030.410.18-0.69
0.87-0.07-0.120.80.680.78-0.03-0.49-0.80.330.760.36-0.770.820.760.610.650.31-0.540.790.380.94-0.520.730.65
0.040.35-0.12-0.17-0.28-0.040.50.350.3-0.32-0.240.420.4-0.19-0.24-0.01-0.31-0.340.01-0.260.15-0.140.89-0.02-0.34
0.75-0.470.8-0.170.530.98-0.31-0.76-0.970.530.830.26-0.750.440.830.60.9-0.08-0.870.990.170.83-0.570.680.9
0.660.030.68-0.280.530.430.26-0.42-0.650.110.770.46-0.320.650.770.190.60.47-0.290.620.540.63-0.540.30.62
0.75-0.430.78-0.040.980.43-0.28-0.72-0.930.450.790.27-0.760.410.790.610.84-0.13-0.870.950.170.83-0.450.690.83
0.320.89-0.030.5-0.310.26-0.280.650.35-0.45-0.170.790.260.1-0.170.12-0.460.570.54-0.340.790.040.460.1-0.46
-0.220.85-0.490.35-0.76-0.42-0.720.650.83-0.29-0.830.260.37-0.31-0.830.04-0.930.430.9-0.820.28-0.390.58-0.07-0.93
-0.690.52-0.80.3-0.97-0.65-0.930.350.83-0.51-0.9-0.180.7-0.5-0.9-0.47-0.960.040.85-1.0-0.14-0.80.67-0.57-0.96
0.3-0.380.33-0.320.530.110.45-0.45-0.29-0.510.1-0.04-0.49-0.10.10.60.48-0.07-0.420.51-0.210.4-0.460.580.47
0.62-0.410.76-0.240.830.770.79-0.17-0.83-0.90.10.19-0.520.631.00.180.880.02-0.750.880.240.7-0.580.310.89
0.710.580.360.420.260.460.270.790.26-0.18-0.040.19-0.140.290.190.560.040.470.040.210.920.440.140.540.04
-0.740.11-0.770.4-0.75-0.32-0.760.260.370.7-0.49-0.52-0.14-0.49-0.52-0.78-0.5-0.350.42-0.71-0.22-0.880.67-0.84-0.51
0.610.080.82-0.190.440.650.410.1-0.31-0.5-0.10.630.29-0.490.630.280.370.46-0.20.470.470.65-0.480.370.39
0.62-0.410.76-0.240.830.770.79-0.17-0.83-0.90.11.00.19-0.520.630.180.880.02-0.750.880.240.7-0.580.310.89
0.80.220.61-0.010.60.190.610.120.04-0.470.60.180.56-0.780.280.180.250.4-0.220.50.480.76-0.310.980.24
0.49-0.70.65-0.310.90.60.84-0.46-0.93-0.960.480.880.04-0.50.370.880.25-0.24-0.910.95-0.030.6-0.640.341.0
0.480.720.31-0.34-0.080.47-0.130.570.430.04-0.070.020.47-0.350.460.020.4-0.240.55-0.060.720.39-0.340.4-0.21
-0.380.76-0.540.01-0.87-0.29-0.870.540.90.85-0.42-0.750.040.42-0.2-0.75-0.22-0.910.55-0.870.21-0.50.34-0.31-0.89
0.7-0.520.79-0.260.990.620.95-0.34-0.82-1.00.510.880.21-0.710.470.880.50.95-0.06-0.870.160.79-0.650.590.95
0.680.660.380.150.170.540.170.790.28-0.14-0.210.240.92-0.220.470.240.48-0.030.720.210.160.45-0.070.47-0.01
0.950.030.94-0.140.830.630.830.04-0.39-0.80.40.70.44-0.880.650.70.760.60.39-0.50.790.45-0.520.860.6
-0.360.41-0.520.89-0.57-0.54-0.450.460.580.67-0.46-0.580.140.67-0.48-0.58-0.31-0.64-0.340.34-0.65-0.07-0.52-0.35-0.66
0.870.180.73-0.020.680.30.690.1-0.07-0.570.580.310.54-0.840.370.310.980.340.4-0.310.590.470.86-0.350.34
0.49-0.690.65-0.340.90.620.83-0.46-0.93-0.960.470.890.04-0.510.390.890.241.0-0.21-0.890.95-0.010.6-0.660.34
Click cells to compare fundamentals

Guardforce Account Relationship Matchups

Guardforce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.8M36.4M42.1M61.3M45.8M44.6M
Short Long Term Debt Total27.9M26.5M24.3M28.4M6.6M6.3M
Other Current Liab2.3M3.3M4.3M6.1M6.7M4.5M
Total Current Liabilities26.6M8.1M22.5M19.2M14.0M14.8M
Total Stockholder Equity1.3M(2.2M)6.5M19.2M25.2M26.5M
Other Liab5.6M6.4M6.8M5.9M6.8M6.6M
Net Tangible Assets1.0M(2.4M)6.0M10.7M12.3M12.9M
Property Plant And Equipment Net15.3M12.1M12.3M12.2M6.7M8.9M
Net Debt21.8M18.1M10.0M21.5M(13.6M)(12.9M)
Retained Earnings(1.6M)(4.7M)(10.2M)(28.8M)(58.3M)(55.4M)
Accounts Payable1.4M1.4M675.2K2.1M2.1M1.7M
Cash6.1M8.4M14.3M6.9M20.2M21.2M
Non Current Assets Total26.4M19.3M20.1M26.3M14.7M22.4M
Non Currrent Assets Other7.4M3.9M3.6M(78.3K)1.6M3.1M
Cash And Short Term Investments6.1M8.4M14.3M6.9M20.2M21.2M
Net Receivables5.9M6.0M5.1M21.8M8.7M9.5M
Liabilities And Stockholders Equity39.8M36.4M42.1M61.3M45.8M44.6M
Non Current Liabilities Total11.7M30.4M13.0M22.9M6.7M6.3M
Other Current Assets1.4M2.1M1.1M1.2M17.4K16.5K
Total Liab38.4M38.5M35.5M42.2M20.7M36.2M
Total Current Assets13.4M17.0M21.9M35.0M31.1M22.2M
Accumulated Other Comprehensive Income497.1K427.7K1.3M1.6M1.2M898.5K
Short Term Debt23.0M3.3M17.4M10.5M4.9M4.7M
Intangible Assets253.5K223.4K493.9K8.5M2.8M2.0M
Property Plant Equipment15.3M12.1M12.3M12.2M14.1M13.1M

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When determining whether Guardforce AI is a strong investment it is important to analyze Guardforce'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 Guardforce's future performance. For an informed investment choice regarding Guardforce Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Guardforce AI information on this page should be used as a complementary analysis to other Guardforce's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Guardforce's price analysis, check to measure Guardforce'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 Guardforce is operating at the current time. Most of Guardforce's value examination focuses on studying past and present price action to predict the probability of Guardforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardforce's price. Additionally, you may evaluate how the addition of Guardforce to your portfolios can decrease your overall portfolio volatility.
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Is Guardforce'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 Guardforce. If investors know Guardforce 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 Guardforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.53)
Revenue Per Share
5.554
Quarterly Revenue Growth
0.087
Return On Assets
(0.22)
Return On Equity
(1.34)
The market value of Guardforce AI is measured differently than its book value, which is the value of Guardforce that is recorded on the company's balance sheet. Investors also form their own opinion of Guardforce's value that differs from its market value or its book value, called intrinsic value, which is Guardforce'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 Guardforce's market value can be influenced by many factors that don't directly affect Guardforce'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 Guardforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardforce'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.