Agilysys Interest Income vs Total 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 Total 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 Total Operating Expenses

Interest Income vs Total 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 Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agilysys' Interest Income and Total Operating Expenses is 0.55. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total 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 Total 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 Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Interest Income i.e., Agilysys' Interest Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 Expense12K2.9M2.6M2.5M
Depreciation And Amortization3.9M6.8M7.8M12.2M

Agilysys fundamental ratios Correlations

-0.19-0.130.880.910.55-0.65-0.10.630.690.470.63-0.210.23-0.2-0.290.340.460.430.710.90.38-0.340.590.59-0.47
-0.190.34-0.23-0.420.160.68-0.77-0.34-0.390.66-0.340.18-0.460.970.87-0.530.450.430.090.040.560.48-0.7-0.69-0.13
-0.130.34-0.04-0.32-0.280.180.05-0.07-0.590.14-0.070.5-0.440.50.69-0.26-0.220.42-0.110.18-0.170.73-0.48-0.48-0.15
0.88-0.23-0.040.730.67-0.63-0.140.610.520.470.610.150.34-0.27-0.30.290.40.630.620.840.44-0.240.620.63-0.69
0.91-0.42-0.320.730.42-0.770.10.730.810.210.73-0.420.35-0.42-0.520.490.380.180.670.720.15-0.540.790.79-0.29
0.550.16-0.280.670.42-0.24-0.540.380.460.590.38-0.030.380.04-0.150.210.660.620.760.470.66-0.370.450.45-0.6
-0.650.680.18-0.63-0.77-0.24-0.33-0.9-0.390.15-0.90.11-0.630.650.68-0.46-0.13-0.19-0.41-0.560.020.43-0.8-0.80.46
-0.1-0.770.05-0.140.1-0.54-0.330.040.04-0.780.04-0.07-0.06-0.62-0.440.32-0.84-0.54-0.44-0.2-0.890.010.270.260.4
0.63-0.34-0.070.610.730.38-0.90.040.290.091.0-0.060.59-0.33-0.420.340.410.450.570.640.2-0.310.710.71-0.63
0.69-0.39-0.590.520.810.46-0.390.040.290.160.29-0.640.3-0.45-0.550.580.32-0.10.580.340.08-0.730.690.70.11
0.470.660.140.470.210.590.15-0.780.090.160.090.17-0.130.580.42-0.260.720.680.520.590.770.05-0.12-0.11-0.52
0.63-0.34-0.070.610.730.38-0.90.041.00.290.09-0.060.59-0.33-0.420.340.410.450.570.640.2-0.310.710.71-0.63
-0.210.180.50.15-0.42-0.030.11-0.07-0.06-0.640.17-0.06-0.140.190.31-0.4-0.190.47-0.30.10.120.64-0.26-0.26-0.51
0.23-0.46-0.440.340.350.38-0.63-0.060.590.3-0.130.59-0.14-0.56-0.630.480.40.180.360.040.15-0.60.580.57-0.27
-0.20.970.5-0.27-0.420.040.65-0.62-0.33-0.450.58-0.330.19-0.560.93-0.520.320.420.050.070.40.6-0.74-0.73-0.08
-0.290.870.69-0.3-0.52-0.150.68-0.44-0.42-0.550.42-0.420.31-0.630.93-0.540.110.38-0.090.00.20.78-0.8-0.80.02
0.34-0.53-0.260.290.490.21-0.460.320.340.58-0.260.34-0.40.48-0.52-0.540.04-0.070.320.06-0.23-0.620.570.570.17
0.460.45-0.220.40.380.66-0.13-0.840.410.320.720.41-0.190.40.320.110.040.580.750.440.81-0.320.160.17-0.45
0.430.430.420.630.180.62-0.19-0.540.45-0.10.680.450.470.180.420.38-0.070.580.540.640.620.290.050.06-0.79
0.710.09-0.110.620.670.76-0.41-0.440.570.580.520.57-0.30.360.05-0.090.320.750.540.610.45-0.380.460.46-0.4
0.90.040.180.840.720.47-0.56-0.20.640.340.590.640.10.040.070.00.060.440.640.610.480.00.360.36-0.69
0.380.56-0.170.440.150.660.02-0.890.20.080.770.20.120.150.40.2-0.230.810.620.450.48-0.1-0.01-0.01-0.66
-0.340.480.73-0.24-0.54-0.370.430.01-0.31-0.730.05-0.310.64-0.60.60.78-0.62-0.320.29-0.380.0-0.1-0.66-0.66-0.08
0.59-0.7-0.480.620.790.45-0.80.270.710.69-0.120.71-0.260.58-0.74-0.80.570.160.050.460.36-0.01-0.661.0-0.31
0.59-0.69-0.480.630.790.45-0.80.260.710.7-0.110.71-0.260.57-0.73-0.80.570.170.060.460.36-0.01-0.661.0-0.31
-0.47-0.13-0.15-0.69-0.29-0.60.460.4-0.630.11-0.52-0.63-0.51-0.27-0.080.020.17-0.45-0.79-0.4-0.69-0.66-0.08-0.31-0.31
Click cells to compare fundamentals

Agilysys Account Relationship Matchups

Agilysys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets154.6M189.9M214.2M243.0M218.7M341.1M
Short Long Term Debt Total15.4M13.6M10.7M16.7M15.1M14.3M
Other Current Liab9.0M11.2M10.6M13.7M12.3M11.7M
Total Current Liabilities69.4M61.0M71.5M78.5M70.7M106.3M
Total Stockholder Equity71.8M115.3M132.8M144.8M166.5M207.1M
Property Plant And Equipment Net26.1M21.0M16.2M27.3M24.6M25.9M
Net Debt(31.3M)(85.5M)(86.3M)(96.1M)(86.5M)(82.2M)
Retained Earnings59.0M35.4M40.0M52.8M60.7M57.6M
Cash46.7M99.2M97.0M112.8M129.8M83.7M
Non Current Assets Total61.2M56.6M78.0M88.4M101.6M136.2M
Non Currrent Assets Other6.3M5.8M6.2M7.5M6.8M9.9M
Cash And Short Term Investments46.7M99.2M97.0M112.8M129.8M83.9M
Net Receivables38.0M28.1M26.8M24.6M22.2M21.1M
Common Stock Shares Outstanding23.2M23.5M25.5M25.9M23.3M20.7M
Liabilities And Stockholders Equity154.6M189.9M214.2M243.0M218.7M341.1M
Non Current Liabilities Total13.4M13.5M9.9M19.8M17.8M16.9M
Inventory3.9M1.2M6.9M9.8M8.8M8.4M
Other Current Assets4.9M4.8M5.4M7.4M6.7M5.9M
Other Stockholder Equity3.1M35.0M47.9M51.1M46.0M34.5M
Total Liab82.8M74.5M81.4M98.3M88.4M84.0M
Property Plant And Equipment Gross12.2M21.0M16.2M27.3M24.6M25.2M
Total Current Assets93.4M133.3M136.2M154.7M139.2M235.9M
Accumulated Other Comprehensive Income201K39K(56K)(4.0M)(4.6M)(4.9M)
Short Term Debt4.7M5.0M5.1M3.3M2.9M5.2M
Accounts Payable13.4M6.3M9.8M9.4M8.5M8.1M
Other Liab5.1M2.7M4.9M4.2M3.8M3.6M
Other Assets6.1M7.1M7.6M8.8M7.9M9.2M
Property Plant Equipment12.2M21.0M16.2M14.6M13.1M24.1M
Current Deferred Revenue42.2M38.4M46.1M52.1M59.9M35.5M
Treasury Stock(2.4M)(2.3M)(2.1M)(1.9M)(2.2M)(2.3M)
Net Tangible Assets54.4M51.9M44.4M72.0M64.8M41.3M
Retained Earnings Total Equity59.0M35.4M40.0M52.8M47.5M67.5M
Capital Surpluse5.5M37.3M50.0M53.0M60.9M64.0M
Capital Lease Obligations15.4M13.6M10.7M16.7M19.3M20.2M

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.
Pair CorrelationCorrelation Matching
When determining whether Agilysys is a strong investment it is important to analyze Agilysys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agilysys' future performance. For an informed investment choice regarding Agilysys Stock, refer to the following important reports:
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Agilysys' price analysis, check to measure Agilysys' 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 Agilysys is operating at the current time. Most of Agilysys' value examination focuses on studying past and present price action to predict the probability of Agilysys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agilysys' price. Additionally, you may evaluate how the addition of Agilysys to your portfolios can decrease your overall portfolio volatility.
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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.