Aurora Net Tangible Assets vs Total Current Liabilities Analysis
JG Stock | USD 2.88 0.02 0.70% |
Aurora Mobile financial indicator trend analysis is way more than just evaluating Aurora Mobile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Mobile is a good investment. Please check the relationship between Aurora Mobile Net Tangible Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aurora Mobile. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.
Net Tangible Assets vs Total Current Liabilities
Net Tangible Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Mobile Net Tangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aurora Mobile's Net Tangible Assets and Total Current Liabilities is 0.6. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Aurora Mobile, assuming nothing else is changed. The correlation between historical values of Aurora Mobile's Net Tangible 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 Net Tangible Assets of Aurora Mobile 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 Net Tangible Assets i.e., Aurora Mobile's Net Tangible Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Current Liabilities
Total Current Liabilities is an item on Aurora Mobile balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aurora Mobile 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 Aurora Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Mobile 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aurora Mobile. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.The Aurora Mobile's current Selling General Administrative is estimated to increase to about 79.3 M, while Tax Provision is forecasted to increase to (1.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 264.9M | 225.8M | 199.3M | 198.5M | Total Revenue | 357.3M | 328.8M | 290.2M | 470.7M |
Aurora Mobile fundamental ratios Correlations
Click cells to compare fundamentals
Aurora Mobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aurora Mobile fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 941.6M | 787.3M | 595.5M | 420.9M | 350.2M | 635.1M | |
Short Long Term Debt Total | 230.0M | 225.2M | 150M | 5M | 4.6M | 4.4M | |
Other Current Liab | 14.0M | 109.0M | 85.4M | 87.6M | 72.1M | 63.3M | |
Total Current Liabilities | 195.8M | 460.0M | 373.6M | 249.6M | 241.3M | 254.6M | |
Total Stockholder Equity | 507.6M | 321.2M | 215.4M | 128.3M | 73.5M | 69.9M | |
Other Liab | 8.2M | 6.0M | 6.5M | 12.5M | 14.3M | 8.3M | |
Net Tangible Assets | 498.8M | 311.7M | 210.0M | 66.0M | 75.9M | 72.1M | |
Property Plant And Equipment Net | 106.2M | 73.5M | 62.2M | 14.9M | 5.5M | 5.2M | |
Current Deferred Revenue | 79.3M | 109.2M | 120.0M | 138.8M | 144.1M | 99.6M | |
Net Debt | (201.4M) | (130.9M) | 59.4M | (111.1M) | (109.9M) | (115.4M) | |
Retained Earnings | (453.5M) | (678.4M) | (819.0M) | (925.3M) | (988.7M) | (939.2M) | |
Accounts Payable | 20.0M | 16.6M | 18.3M | 18.2M | 21.1M | 16.8M | |
Cash | 431.5M | 356.1M | 90.6M | 116.1M | 114.5M | 199.7M | |
Non Current Assets Total | 286.3M | 257.2M | 214.4M | 244.3M | 180.6M | 201.7M | |
Non Currrent Assets Other | 2.6M | 5.6M | 4.9M | 4.1M | 5.4M | 5.5M | |
Other Assets | 2.6M | 5.6M | 4.9M | 4.1M | 3.7M | 4.4M | |
Cash And Short Term Investments | 431.5M | 436.1M | 120.6M | 116.1M | 114.5M | 211.7M | |
Net Receivables | 137.7M | 44.9M | 43.9M | 30.0M | 36.4M | 50.5M | |
Common Stock Shares Outstanding | 115.1M | 116.1M | 118.2M | 118.9M | 119.6M | 110.3M | |
Liabilities And Stockholders Equity | 941.6M | 787.3M | 595.5M | 420.9M | 350.2M | 635.1M | |
Non Current Liabilities Total | 238.2M | 6.0M | 6.5M | 12.5M | 5.2M | 4.9M | |
Other Current Assets | 86.0M | 48.9M | 46.7M | 30.4M | 3.6M | 3.4M | |
Other Stockholder Equity | 954.7M | 988.8M | 1.0B | 1.0B | 1.0B | 825.6M | |
Total Liab | 434.0M | 466.1M | 380.1M | 262.0M | 246.5M | 304.3M | |
Long Term Investments | 168.6M | 168.5M | 141.9M | 141.9M | 112.9M | 113.5M | |
Property Plant And Equipment Gross | 106.2M | 73.5M | 173.7M | 206.5M | 18.1M | 17.2M | |
Total Current Assets | 655.3M | 530.1M | 381.1M | 176.7M | 169.6M | 315.2M | |
Accumulated Other Comprehensive Income | 6.3M | 10.8M | 12.5M | 18.3M | 19.2M | 10.5M | |
Non Current Liabilities Other | 140K | 64K | 2.6M | 4.1M | 563K | 534.9K | |
Short Term Debt | 82.4M | 225.2M | 150M | 5M | 4.0M | 3.8M | |
Intangible Assets | 8.8M | 9.5M | 5.4M | 45.5M | 17.9M | 12.2M | |
Property Plant Equipment | 106.2M | 73.5M | 62.2M | 48.7M | 56.0M | 72.3M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aurora Mobile. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.Note that the Aurora Mobile information on this page should be used as a complementary analysis to other Aurora Mobile's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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Is Aurora Mobile'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 Aurora Mobile. If investors know Aurora 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 Aurora Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.44) | Revenue Per Share 48.561 | Quarterly Revenue Growth (0.11) | Return On Assets (0.08) | Return On Equity (0.48) |
The market value of Aurora Mobile is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Mobile's value that differs from its market value or its book value, called intrinsic value, which is Aurora Mobile'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 Aurora Mobile's market value can be influenced by many factors that don't directly affect Aurora Mobile'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 Aurora Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Mobile'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.