Agilysys Interest Income vs Other Operating Expenses Analysis
AGYS Stock | USD 83.00 0.45 0.54% |
Agilysys financial indicator trend analysis is way more than just evaluating Agilysys prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agilysys is a good investment. Please check the relationship between Agilysys Interest Income and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilysys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Agilysys Stock please use our How to Invest in Agilysys guide.
Interest Income vs Other Operating Expenses
Interest Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agilysys Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Agilysys' Interest Income and Other Operating Expenses is 0.1. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Agilysys, assuming nothing else is changed. The correlation between historical values of Agilysys' Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Agilysys are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Income i.e., Agilysys' Interest Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Agilysys. It is also known as Agilysys overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Agilysys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agilysys 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilysys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Agilysys Stock please use our How to Invest in Agilysys guide.At this time, Agilysys' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 93.47 in 2024, whereas Discontinued Operations is likely to drop slightly above 17.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 12K | 2.9M | 2.6M | 2.5M | Depreciation And Amortization | 3.9M | 6.8M | 7.8M | 12.2M |
Agilysys fundamental ratios Correlations
Click cells to compare fundamentals
Agilysys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agilysys fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 154.6M | 189.9M | 214.2M | 243.0M | 218.7M | 341.1M | |
Short Long Term Debt Total | 15.4M | 13.6M | 10.7M | 16.7M | 15.1M | 14.3M | |
Other Current Liab | 9.0M | 11.2M | 10.6M | 13.7M | 12.3M | 11.7M | |
Total Current Liabilities | 69.4M | 61.0M | 71.5M | 78.5M | 70.7M | 106.3M | |
Total Stockholder Equity | 71.8M | 115.3M | 132.8M | 144.8M | 166.5M | 207.1M | |
Property Plant And Equipment Net | 26.1M | 21.0M | 16.2M | 27.3M | 24.6M | 25.9M | |
Net Debt | (31.3M) | (85.5M) | (86.3M) | (96.1M) | (86.5M) | (82.2M) | |
Retained Earnings | 59.0M | 35.4M | 40.0M | 52.8M | 60.7M | 57.6M | |
Cash | 46.7M | 99.2M | 97.0M | 112.8M | 129.8M | 83.7M | |
Non Current Assets Total | 61.2M | 56.6M | 78.0M | 88.4M | 101.6M | 136.2M | |
Non Currrent Assets Other | 6.3M | 5.8M | 6.2M | 7.5M | 6.8M | 9.9M | |
Cash And Short Term Investments | 46.7M | 99.2M | 97.0M | 112.8M | 129.8M | 83.9M | |
Net Receivables | 38.0M | 28.1M | 26.8M | 24.6M | 22.2M | 21.1M | |
Common Stock Shares Outstanding | 23.2M | 23.5M | 25.5M | 25.9M | 23.3M | 20.7M | |
Liabilities And Stockholders Equity | 154.6M | 189.9M | 214.2M | 243.0M | 218.7M | 341.1M | |
Non Current Liabilities Total | 13.4M | 13.5M | 9.9M | 19.8M | 17.8M | 16.9M | |
Inventory | 3.9M | 1.2M | 6.9M | 9.8M | 8.8M | 8.4M | |
Other Current Assets | 4.9M | 4.8M | 5.4M | 7.4M | 6.7M | 5.9M | |
Other Stockholder Equity | 3.1M | 35.0M | 47.9M | 51.1M | 46.0M | 34.5M | |
Total Liab | 82.8M | 74.5M | 81.4M | 98.3M | 88.4M | 84.0M | |
Property Plant And Equipment Gross | 12.2M | 21.0M | 16.2M | 27.3M | 24.6M | 25.2M | |
Total Current Assets | 93.4M | 133.3M | 136.2M | 154.7M | 139.2M | 235.9M | |
Accumulated Other Comprehensive Income | 201K | 39K | (56K) | (4.0M) | (4.6M) | (4.9M) | |
Short Term Debt | 4.7M | 5.0M | 5.1M | 3.3M | 2.9M | 5.2M | |
Accounts Payable | 13.4M | 6.3M | 9.8M | 9.4M | 8.5M | 8.1M | |
Other Liab | 5.1M | 2.7M | 4.9M | 4.2M | 3.8M | 3.6M | |
Other Assets | 6.1M | 7.1M | 7.6M | 8.8M | 7.9M | 9.2M | |
Property Plant Equipment | 12.2M | 21.0M | 16.2M | 14.6M | 13.1M | 24.1M | |
Current Deferred Revenue | 42.2M | 38.4M | 46.1M | 52.1M | 59.9M | 35.5M | |
Treasury Stock | (2.4M) | (2.3M) | (2.1M) | (1.9M) | (2.2M) | (2.3M) | |
Net Tangible Assets | 54.4M | 51.9M | 44.4M | 72.0M | 64.8M | 41.3M | |
Retained Earnings Total Equity | 59.0M | 35.4M | 40.0M | 52.8M | 47.5M | 67.5M | |
Capital Surpluse | 5.5M | 37.3M | 50.0M | 53.0M | 60.9M | 64.0M | |
Capital Lease Obligations | 15.4M | 13.6M | 10.7M | 16.7M | 19.3M | 20.2M |
Pair Trading with Agilysys
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 Agilysys 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 Agilysys will appreciate offsetting losses from the drop in the long position's value.Moving against Agilysys Stock
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The ability to find closely correlated positions to Agilysys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agilysys 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 Agilysys - 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 Agilysys to buy it.
The correlation of Agilysys is a statistical measure of how it moves in relation to other instruments. 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 Agilysys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agilysys 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 Agilysys 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilysys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Agilysys Stock please use our How to Invest in Agilysys guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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Is Agilysys' 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 Agilysys. If investors know Agilysys 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 Agilysys 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 20.923 | Earnings Share 3.24 | Revenue Per Share 9.072 | Quarterly Revenue Growth 0.213 | Return On Assets 0.0334 |
The market value of Agilysys is measured differently than its book value, which is the value of Agilysys that is recorded on the company's balance sheet. Investors also form their own opinion of Agilysys' value that differs from its market value or its book value, called intrinsic value, which is Agilysys' 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 Agilysys' market value can be influenced by many factors that don't directly affect Agilysys' 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 Agilysys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilysys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilysys' 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.