Airgain Historical Balance Sheet

AIRG
 Stock
  

USD 8.12  0.23  2.92%   

Trend analysis of Airgain balance sheet accounts such as Receivables of 11.6 M, Accounts Payable of 4.4 M or Accumulated Other Comprehensive Income of 9.9 K provides information on Airgain's total assets, liabilities, and equity, which is the actual value of Airgain to its prevalent stockholders. By breaking down trends over time using Airgain balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Airgain prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Airgain is a good buy for the upcoming year.
Please continue to Trending Equities.
  

About Airgain Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Airgain at a specified time, usually calculated after every quarter, six months, or one year. Airgain Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Airgain and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Airgain currently owns. An asset can also be divided into two categories, current and non-current.

Airgain Balance Sheet Chart

Airgain Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Airgain uses and utilizes its capital. It also shows what exactly a company owns and owes.
Airgain Receivables is projected to increase significantly based on the last few years of reporting. The past year's Receivables was at 10.76 Million. The current year Accumulated Other Comprehensive Income is expected to grow to 9,926, whereas Total Assets are forecasted to decline to about 54.2 M.

Total Assets

Total assets refers to the total amount of Airgain assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Airgain books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; [TaxAssets] and Trade and Non Trade Receivables.

Current Assets

Current assets of Airgain include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Airgain. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Airgain balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Airgain books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Airgain balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Airgain current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.Airgain Receivables is projected to increase significantly based on the last few years of reporting. The past year's Receivables was at 10.76 Million. The current year Accumulated Other Comprehensive Income is expected to grow to 9,926, whereas Total Assets are forecasted to decline to about 54.2 M.
 2019 2020 2021 2022 (projected)
Receivables7.66 M4.78 M10.76 M11.61 M
Inventories1.19 M1.02 M8.95 M9.66 M

Airgain balance sheet Correlations

0.860.750.540.290.970.090.460.270.490.421.01.00.950.950.940.950.230.820.980.8
0.860.910.80.630.930.220.530.480.690.720.90.860.760.760.840.91-0.130.950.80.98
0.750.910.890.740.850.40.650.60.740.810.780.750.620.620.790.86-0.120.990.660.95
0.540.80.890.950.690.690.660.630.780.980.570.540.430.430.580.69-0.420.870.490.85
0.290.630.740.950.460.780.570.610.680.980.320.290.170.170.340.47-0.570.710.240.68
0.970.930.850.690.460.210.60.440.660.580.980.970.910.910.950.980.130.90.940.88
0.090.220.40.690.780.210.450.520.390.720.080.090.080.080.20.27-0.30.380.080.24
0.460.530.650.660.570.60.450.80.910.60.450.460.380.380.60.60.160.650.430.53
0.270.480.60.630.610.440.520.80.830.580.30.270.230.230.540.540.170.60.160.49
0.490.690.740.780.680.660.390.910.830.730.520.490.380.380.60.65-0.050.730.440.71
0.420.720.810.980.980.580.720.60.580.730.450.420.290.290.430.56-0.560.790.380.77
1.00.90.780.570.320.980.080.450.30.520.451.00.940.940.940.960.190.840.970.84
1.00.860.750.540.290.970.090.460.270.490.421.00.950.950.940.950.230.820.980.8
0.950.760.620.430.170.910.080.380.230.380.290.940.951.00.910.90.340.690.960.68
0.950.760.620.430.170.910.080.380.230.380.290.940.951.00.910.90.340.690.960.68
0.940.840.790.580.340.950.20.60.540.60.430.940.940.910.910.980.390.850.870.77
0.950.910.860.690.470.980.270.60.540.650.560.960.950.90.90.980.230.910.890.86
0.23-0.13-0.12-0.42-0.570.13-0.30.160.17-0.05-0.560.190.230.340.340.390.23-0.070.19-0.2
0.820.950.990.870.710.90.380.650.60.730.790.840.820.690.690.850.91-0.070.730.96
0.980.80.660.490.240.940.080.430.160.440.380.970.980.960.960.870.890.190.730.73
0.80.980.950.850.680.880.240.530.490.710.770.840.80.680.680.770.86-0.20.960.73
Click cells to compare fundamentals

Airgain Account Relationship Matchups

Airgain balance sheet Accounts

201720182019202020212022 (projected)
Inventories741.56 K1.35 M1.19 M1.02 M8.95 M9.66 M
Receivables8.42 M7.01 M7.66 M4.78 M10.76 M11.61 M
Accounts Payable3.97 M4.14 M3.84 M2.98 M5.47 M4.44 M
Total Assets56.3 M52.91 M54.73 M54.93 M66.39 M54.17 M
Current Assets46.08 M43.09 M45.11 M45.43 M35.49 M33.56 M
Assets Non Current10.22 M9.82 M9.63 M9.49 M30.9 M33.34 M
Cash and Equivalents15.03 M13.62 M13.2 M38.17 M14.51 M15.46 M
Cash and Equivalents USD15.03 M13.62 M13.2 M38.17 M14.51 M18.39 M
Total Debt4.35 M2.72 M1.33 M3.06 M3.52 M3.25 M
Debt Current1.63 M1.39 M1.33 M841 K967.15 K1.14 M
Total Debt USD4.35 M2.72 M1.33 M3.06 M3.52 M3.25 M
Shareholders Equity46.22 M45.15 M47.9 M47.74 M44.17 M38.14 M
Shareholders Equity USD46.22 M45.15 M47.9 M47.74 M44.17 M37.66 M
Goodwill and Intangible Assets8.83 M8.15 M7.5 M6.87 M25.07 M27.05 M
Inventory741.56 K1.35 M1.19 M1.02 M8.95 M9.66 M
Total Liabilities10.07 M7.76 M6.82 M7.18 M22.22 M23.97 M
Current Liabilities9.73 M7.51 M6.76 M6.86 M19.89 M21.46 M
Liabilities Non Current342.83 K249 K63 K329 K2.33 M2.51 M
Trade and Non Trade Payables3.97 M4.14 M3.84 M2.98 M5.47 M5.03 M
Property Plant and Equipment Net1.04 M1.4 M2.13 M2.38 M5.47 M5.91 M
Trade and Non Trade Receivables8.42 M7.01 M7.66 M4.78 M10.76 M9.35 M
Accumulated Retained Earnings Deficit(42.41 M)(44.99 M)(44.07 M)(47.35 M)(57.43 M)(61.97 M)

Be your own money manager

Our tools can tell you how much better you can do entering a position in Airgain without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Suggestion Now

   

Portfolio Suggestion

Get suggestions outside of your existing asset allocation including your own model portfolios
All  Next Launch Module

Pair Trading with Airgain

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 Airgain 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 Airgain will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Airgain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airgain 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 Airgain - 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 Airgain to buy it.
The correlation of Airgain is a statistical measure of how it moves in relation to other equities. 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 Airgain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airgain 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 Airgain 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.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for analysis

When running Airgain price analysis, check to measure Airgain'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 Airgain is operating at the current time. Most of Airgain's value examination focuses on studying past and present price action to predict the probability of Airgain's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Airgain's price. Additionally, you may evaluate how the addition of Airgain to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Is Airgain'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 Airgain. If investors know Airgain 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 Airgain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(1.00) 
Market Capitalization
80.7 M
Quarterly Revenue Growth YOY
0.24
Return On Assets
(0.1) 
Return On Equity
(0.22) 
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine Airgain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.