Airspan Property Plant Equipment vs Other Current Assets 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 Property Plant Equipment and its Other Current Assets 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.

Property Plant Equipment vs Other Current Assets

Property Plant Equipment vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airspan Networks Holdings Property Plant Equipment account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Airspan Networks' Property Plant Equipment and Other Current Assets is -0.38. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Current Assets 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' Property Plant Equipment and Other Current Assets 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 Equipment of Airspan Networks Holdings are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant Equipment i.e., Airspan Networks' Property Plant Equipment and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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.