Ainos Other Current Assets vs Common Stock Shares Outstanding Analysis

AIMD Stock  USD 0.85  0.03  3.06%   
Ainos financial indicator trend analysis is way more than just evaluating Ainos Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ainos Inc is a good investment. Please check the relationship between Ainos Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ainos Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ainos Inc Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between Ainos' Other Current Assets and Common Stock Shares Outstanding is 0.01. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Ainos Inc, assuming nothing else is changed. The correlation between historical values of Ainos' Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Ainos Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Ainos' Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Ainos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ainos Inc 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 Ainos Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of June 26, 2024, Selling General Administrative is expected to decline to about 687.5 K. In addition to that, Tax Provision is expected to decline to 440.00
 2021 2022 2023 2024 (projected)
Total Revenue594.6K3.5M122.1K116.0K
Interest Expense18.7K53.5K144.2K151.4K

Ainos fundamental ratios Correlations

0.660.550.50.890.990.39-0.460.870.761.00.390.760.030.50.720.620.851.00.550.920.120.590.210.150.0
0.660.310.250.550.580.91-0.350.60.50.660.60.5-0.050.810.50.420.540.660.80.820.010.13-0.250.21-0.25
0.550.310.980.130.510.20.090.450.310.560.160.31-0.1-0.1-0.010.970.320.57-0.070.590.77-0.1-0.170.64-0.13
0.50.250.980.080.470.170.010.470.240.520.150.24-0.14-0.180.010.970.250.52-0.130.520.85-0.11-0.150.67-0.01
0.890.550.130.080.910.27-0.510.760.740.890.320.740.110.580.810.20.850.880.620.75-0.270.80.4-0.140.0
0.990.580.510.470.910.31-0.440.860.730.990.390.730.020.420.710.570.840.990.470.860.10.70.350.160.0
0.390.910.20.170.270.31-0.250.420.090.40.520.09-0.080.690.310.310.140.40.680.610.1-0.08-0.370.3-0.28
-0.46-0.350.090.01-0.51-0.44-0.25-0.64-0.32-0.46-0.36-0.320.04-0.51-0.92-0.1-0.38-0.46-0.53-0.410.1-0.32-0.050.3-0.73
0.870.60.450.470.760.860.42-0.640.550.880.460.55-0.10.450.780.560.660.880.520.780.260.540.210.160.24
0.760.50.310.240.740.730.09-0.320.550.740.341.00.030.480.560.350.980.730.50.7-0.170.460.18-0.11-0.02
1.00.660.560.520.890.990.4-0.460.880.740.390.740.030.490.720.630.831.00.550.920.140.590.20.170.0
0.390.60.160.150.320.390.52-0.360.460.340.390.34-0.20.510.390.280.350.380.370.48-0.040.240.110.020.15
0.760.50.310.240.740.730.09-0.320.551.00.740.340.030.480.560.350.980.730.50.7-0.170.460.18-0.11-0.02
0.03-0.05-0.1-0.140.110.02-0.080.04-0.10.030.03-0.20.030.070.03-0.120.030.040.120.01-0.250.030.02-0.26-0.01
0.50.81-0.1-0.180.580.420.69-0.510.450.480.490.510.480.070.630.030.50.490.930.69-0.440.13-0.31-0.390.02
0.720.5-0.010.010.810.710.31-0.920.780.560.720.390.560.030.630.150.650.720.660.63-0.210.580.21-0.280.49
0.620.420.970.970.20.570.31-0.10.560.350.630.280.35-0.120.030.150.360.630.080.670.76-0.07-0.20.590.0
0.850.540.320.250.850.840.14-0.380.660.980.830.350.980.030.50.650.360.830.530.76-0.160.590.27-0.07-0.03
1.00.660.570.520.880.990.4-0.460.880.731.00.380.730.040.490.720.630.830.550.920.150.580.20.170.0
0.550.8-0.07-0.130.620.470.68-0.530.520.50.550.370.50.120.930.660.080.530.550.7-0.370.18-0.28-0.31-0.01
0.920.820.590.520.750.860.61-0.410.780.70.920.480.70.010.690.630.670.760.920.70.120.29-0.140.12-0.05
0.120.010.770.85-0.270.10.10.10.26-0.170.14-0.04-0.17-0.25-0.44-0.210.76-0.160.15-0.370.12-0.29-0.20.79-0.01
0.590.13-0.1-0.110.80.7-0.08-0.320.540.460.590.240.460.030.130.58-0.070.590.580.180.29-0.290.84-0.060.01
0.21-0.25-0.17-0.150.40.35-0.37-0.050.210.180.20.110.180.02-0.310.21-0.20.270.2-0.28-0.14-0.20.840.050.03
0.150.210.640.67-0.140.160.30.30.16-0.110.170.02-0.11-0.26-0.39-0.280.59-0.070.17-0.310.120.79-0.060.05-0.46
0.0-0.25-0.13-0.010.00.0-0.28-0.730.24-0.020.00.15-0.02-0.010.020.490.0-0.030.0-0.01-0.05-0.010.010.03-0.46
Click cells to compare fundamentals

Ainos Account Relationship Matchups

Ainos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets596.6K260.3K40.8M37.1M31.8M33.4M
Short Long Term Debt Total444.6K953.0K3.6M1.3M6.0M6.3M
Other Current Liab100K145.6K27.0M1.2M1.2M1.7M
Total Current Liabilities753.3K1.1M30.6M2.5M1.3M1.3M
Total Stockholder Equity(156.7K)(838.3K)10.2M34.6M24.4M25.7M
Property Plant And Equipment Net5.1K3.2K1.2M1.4M876.6K920.4K
Net Debt35.5K930.8K1.9M(584.7K)4.1M4.3M
Retained Earnings(4.8M)(6.2M)(10.1M)(24.1M)(37.9M)(36.0M)
Accounts Payable115.3K208.7K145.6K1.0M904.4K949.6K
Cash409.0K22.2K1.8M1.9M1.9M2.0M
Non Current Assets Total151.3K183.9K38.6M34.3M29.4M30.8M
Cash And Short Term Investments409.0K22.2K1.8M1.9M1.9M2.0M
Common Stock Shares Outstanding532.0K543.1K1.5M2.7M4.1M4.3M
Liabilities And Stockholders Equity596.6K260.3K40.8M37.1M31.8M33.4M
Non Current Liabilities Total653.3K1.1M30.3K8.1K6.1M6.4M
Other Stockholder Equity4.2M5.0M18.9M58.7M62.6M65.7M
Total Liab753.3K1.1M30.6M2.5M7.4M4.1M
Total Current Assets445.3K76.4K2.2M2.8M2.5M2.6M
Intangible Assets146.3K180.6K37.3M32.8M28.3M29.7M
Other Current Assets32.1K51.1K466.2K195.8K419.5K440.5K
Common Stock405.2K420.7K1.4M200.1K46.8K44.4K
Inventory0.04.1K3.0K595.2K167.6K96.3K
Short Term Debt444.6K953.0K3.6M1.3M42K39.9K
Net Tangible Assets583.6K(302.9K)(1.0M)(27.1M)(24.4M)(23.2M)
Net Invested Capital287.9K114.7K39.8M35.9M30.4M17.1M
Short Long Term Debt444.6K953.0K29.6M1.3M42K39.9K
Net Working Capital(308.0K)(1.0M)(28.4M)373.0K1.1M1.2M
Property Plant Equipment14.0K5.1K3.2K1.2M1.4M1.4M
Capital Stock405.2K420.7K1.4M200.1K46.8K44.4K

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Additional Information and Resources on Investing in Ainos Stock

When determining whether Ainos Inc is a strong investment it is important to analyze Ainos' 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 Ainos' future performance. For an informed investment choice regarding Ainos Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ainos Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
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.
Is Health Care Equipment & Supplies space 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 Ainos. If investors know Ainos 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 Ainos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.30)
Revenue Per Share
0.021
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.25)
Return On Equity
(0.53)
The market value of Ainos Inc is measured differently than its book value, which is the value of Ainos that is recorded on the company's balance sheet. Investors also form their own opinion of Ainos' value that differs from its market value or its book value, called intrinsic value, which is Ainos' 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 Ainos' market value can be influenced by many factors that don't directly affect Ainos' 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 Ainos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ainos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ainos' 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.