Airspan Total Current Assets vs Total Current Liabilities 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 Total Current Assets and its Total Current Liabilities 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.
Total Current Assets vs Total Current Liabilities
Total Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airspan Networks Holdings Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Airspan Networks' Total Current Assets and Total Current Liabilities is -0.24. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities 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' Total Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Airspan Networks Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., Airspan Networks' Total Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.24 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Current Liabilities
Total Current Liabilities is an item on Airspan Networks balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Airspan Networks Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 20th 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 Profit | 78.0M | 66.4M | 41.5M | 54.5M | Total Revenue | 177.3M | 167.3M | 112.8M | 127.4M |
Airspan Networks fundamental ratios Correlations
Click cells to compare fundamentals
Airspan Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Airspan Stock analysis
When running Airspan Networks' price analysis, check to measure Airspan Networks' 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 Airspan Networks is operating at the current time. Most of Airspan Networks' value examination focuses on studying past and present price action to predict the probability of Airspan Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airspan Networks' price. Additionally, you may evaluate how the addition of Airspan Networks to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
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.