Airspan Accounts Payable vs Non Current Assets Total Analysis

MIMO Stock  USD 0.0003  0.0008  72.73%   
Airspan Networks financial indicator trend analysis is way more than just evaluating Airspan Networks Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airspan Networks Holdings is a good investment. Please check the relationship between Airspan Networks Accounts Payable and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airspan Networks Holdings Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Airspan Networks' Accounts Payable and Non Current Assets Total is -0.31. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Airspan Networks Holdings, assuming nothing else is changed. The correlation between historical values of Airspan Networks' Accounts Payable and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Airspan Networks Holdings are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Airspan Networks' Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Airspan Networks obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Airspan Networks Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Airspan Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airspan Networks Holdings 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 Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
As of the 17th of May 2024, Enterprise Value is likely to grow to about 241.9 M, while Selling General Administrative is likely to drop about 34.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit78.0M66.4M41.5M54.5M
Total Revenue177.3M167.3M112.8M127.4M

Airspan Networks fundamental ratios Correlations

0.37-0.38-0.980.03-0.14-0.27-0.33-0.03-0.38-0.55-0.66-0.520.93-0.68-0.020.73-0.73-0.480.53-0.81-0.480.39-0.8-0.670.75
0.37-0.36-0.48-0.560.220.170.080.620.460.33-0.24-0.590.23-0.3-0.69-0.140.22-0.42-0.310.0-0.42-0.130.130.29-0.24
-0.38-0.360.45-0.490.710.780.8-0.350.550.620.91-0.32-0.180.880.65-0.40.380.89-0.120.650.89-0.130.560.41-0.43
-0.98-0.480.450.030.20.270.39-0.180.280.50.660.49-0.830.670.2-0.660.630.5-0.390.770.5-0.270.740.54-0.64
0.03-0.56-0.490.03-0.77-0.76-0.73-0.2-0.82-0.79-0.510.77-0.03-0.460.220.55-0.62-0.280.49-0.6-0.280.36-0.6-0.580.63
-0.140.220.710.2-0.770.890.98-0.280.630.770.61-0.740.120.550.26-0.560.480.39-0.310.620.39-0.230.590.4-0.48
-0.270.170.780.27-0.760.890.910.020.760.820.78-0.59-0.120.770.21-0.670.630.56-0.520.720.56-0.490.690.64-0.64
-0.330.080.80.39-0.730.980.91-0.30.670.830.74-0.59-0.060.690.33-0.640.580.53-0.350.750.53-0.260.710.49-0.58
-0.030.62-0.35-0.18-0.2-0.280.02-0.30.440.2-0.030.06-0.360.0-0.72-0.190.35-0.13-0.50.08-0.13-0.40.20.57-0.4
-0.380.460.550.28-0.820.630.760.670.440.930.74-0.44-0.380.68-0.15-0.630.750.56-0.540.770.56-0.330.830.88-0.84
-0.550.330.620.5-0.790.770.820.830.20.930.79-0.4-0.440.73-0.07-0.790.840.53-0.590.90.53-0.370.940.86-0.9
-0.66-0.240.910.66-0.510.610.780.74-0.030.740.79-0.12-0.540.990.38-0.630.660.9-0.40.850.9-0.330.810.73-0.73
-0.52-0.59-0.320.490.77-0.74-0.59-0.590.06-0.44-0.4-0.12-0.63-0.04-0.040.05-0.04-0.030.01-0.07-0.03-0.01-0.07-0.040.05
0.930.23-0.18-0.83-0.030.12-0.12-0.06-0.36-0.38-0.44-0.54-0.63-0.580.210.64-0.71-0.380.59-0.69-0.380.46-0.7-0.730.74
-0.68-0.30.880.67-0.460.550.770.690.00.680.730.99-0.04-0.580.36-0.660.680.87-0.460.840.87-0.430.780.73-0.73
-0.02-0.690.650.20.220.260.210.33-0.72-0.15-0.070.38-0.040.210.360.28-0.370.620.57-0.020.620.44-0.11-0.30.31
0.73-0.14-0.4-0.660.55-0.56-0.67-0.64-0.19-0.63-0.79-0.630.050.64-0.660.28-0.97-0.240.9-0.91-0.240.78-0.89-0.810.91
-0.730.220.380.63-0.620.480.630.580.350.750.840.66-0.04-0.710.68-0.37-0.970.3-0.90.930.3-0.730.930.91-0.98
-0.48-0.420.890.5-0.280.390.560.53-0.130.560.530.9-0.03-0.380.870.62-0.240.30.00.571.00.020.530.48-0.42
0.53-0.31-0.12-0.390.49-0.31-0.52-0.35-0.5-0.54-0.59-0.40.010.59-0.460.570.9-0.90.0-0.70.00.93-0.69-0.780.82
-0.810.00.650.77-0.60.620.720.750.080.770.90.85-0.07-0.690.84-0.02-0.910.930.57-0.70.57-0.530.980.85-0.94
-0.48-0.420.890.5-0.280.390.560.53-0.130.560.530.9-0.03-0.380.870.62-0.240.31.00.00.570.020.530.48-0.42
0.39-0.13-0.13-0.270.36-0.23-0.49-0.26-0.4-0.33-0.37-0.33-0.010.46-0.430.440.78-0.730.020.93-0.530.02-0.48-0.60.61
-0.80.130.560.74-0.60.590.690.710.20.830.940.81-0.07-0.70.78-0.11-0.890.930.53-0.690.980.53-0.480.91-0.97
-0.670.290.410.54-0.580.40.640.490.570.880.860.73-0.04-0.730.73-0.3-0.810.910.48-0.780.850.48-0.60.91-0.96
0.75-0.24-0.43-0.640.63-0.48-0.64-0.58-0.4-0.84-0.9-0.730.050.74-0.730.310.91-0.98-0.420.82-0.94-0.420.61-0.97-0.96
Click cells to compare fundamentals

Airspan Networks Account Relationship Matchups

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Is Airspan Networks' 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 Airspan Networks. If investors know Airspan 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 Airspan Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.75)
Revenue Per Share
1.517
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.34)
The market value of Airspan Networks Holdings is measured differently than its book value, which is the value of Airspan that is recorded on the company's balance sheet. Investors also form their own opinion of Airspan Networks' value that differs from its market value or its book value, called intrinsic value, which is Airspan Networks' 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 Airspan Networks' market value can be influenced by many factors that don't directly affect Airspan Networks' 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 Airspan Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Airspan Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airspan Networks' 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.