AirIQ Dividend Yield vs Ptb Ratio Analysis

IQ Stock

CAD 0.44 0.01 2.33%

AirIQ financial indicator trend analysis is way more than just evaluating AirIQ Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AirIQ Inc is a good investment. Please check the relationship between AirIQ Dividend Yield and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AirIQ 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 board of governors.

Dividend Yield vs Ptb Ratio

Dividend Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AirIQ Inc Dividend Yield account and Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between AirIQ's Dividend Yield and Ptb Ratio is 0.33. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of AirIQ Inc, assuming nothing else is changed. The correlation between historical values of AirIQ's Dividend Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of AirIQ Inc are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Dividend Yield i.e., AirIQ's Dividend Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

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Dividend Yield

Dividend Yield is AirIQ Inc dividend as a percentage of AirIQ stock price. AirIQ Inc dividend yield is a measure of AirIQ stock productivity, which can be interpreted as interest rate earned on an AirIQ investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from AirIQ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AirIQ 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AirIQ 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 board of governors.

AirIQ reported Tax Provision of (2.83 Million) in 2023. Sales General And Administrative To Revenue is likely to climb to 0.54 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	4.4M	5.0M	5.5M	6.1M
Depreciation And Amortization	478K	601K	667K	633.7K

Total Revenue Depreciation And Amortization

AirIQ fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Assets	Short Long Term Debt Total	Other Current Liab	Short Term Investments	Short Term Debt	Inventory	Intangible Assets	Current Deferred Revenue	Good Will
Total Assets		0.39	0.96	0.92	-0.93	-0.18	0.44	0.87	0.97	0.37	0.94	-0.05	0.22	-0.57	0.3	0.27	0.96	-0.17	-0.14	0.17	-0.26	-0.31	0.25	0.95	0.33	-0.27
Total Current Liabilities	0.39		0.35	0.32	-0.47	-0.78	0.79	0.52	0.3	0.49	0.44	0.21	0.65	0.18	0.82	0.98	0.47	0.04	0.0	-0.12	-0.8	-0.18	-0.55	0.36	0.65	-0.8
Total Stockholder Equity	0.96	0.35		0.91	-0.92	-0.1	0.42	0.9	0.96	0.43	0.9	0.02	0.28	-0.6	0.25	0.22	0.89	-0.25	-0.12	0.1	-0.19	-0.23	0.3	0.92	0.31	-0.21
Property Plant And Equipment Net	0.92	0.32	0.91		-0.86	-0.2	0.34	0.81	0.92	0.18	0.85	-0.18	0.25	-0.53	0.32	0.21	0.85	-0.08	-0.26	0.31	-0.28	-0.48	0.17	0.86	0.27	-0.3
Net Debt	-0.93	-0.47	-0.92	-0.86		0.16	-0.56	-0.98	-0.85	-0.56	-0.99	0.07	-0.27	0.56	-0.29	-0.34	-0.96	0.36	-0.01	-0.04	0.24	0.21	-0.27	-0.9	-0.34	0.25
Retained Earnings	-0.18	-0.78	-0.1	-0.2	0.16		-0.51	-0.17	-0.11	-0.1	-0.16	-0.37	-0.68	-0.26	-0.98	-0.79	-0.24	-0.26	0.22	-0.2	1.0	0.31	0.89	-0.19	-0.45	0.99
Accounts Payable	0.44	0.79	0.42	0.34	-0.56	-0.51		0.61	0.35	0.62	0.53	0.17	0.3	0.0	0.55	0.75	0.5	-0.48	0.06	-0.16	-0.55	0.06	-0.25	0.31	0.15	-0.55
Cash	0.87	0.52	0.9	0.81	-0.98	-0.17	0.61		0.79	0.65	0.94	-0.02	0.35	-0.51	0.31	0.4	0.9	-0.43	0.07	-0.05	-0.25	-0.15	0.24	0.84	0.35	-0.26
Non Current Assets Total	0.97	0.3	0.96	0.92	-0.85	-0.11	0.35	0.79		0.24	0.85	-0.07	0.17	-0.56	0.24	0.18	0.87	-0.11	-0.21	0.2	-0.2	-0.34	0.28	0.9	0.28	-0.21
Non Currrent Assets Other	0.37	0.49	0.43	0.18	-0.56	-0.1	0.62	0.65	0.24		0.51	0.35	0.39	-0.16	0.19	0.43	0.48	-0.6	0.25	-0.55	-0.14	0.34	0.19	0.38	0.24	-0.14
Cash And Short Term Investments	0.94	0.44	0.9	0.85	-0.99	-0.16	0.53	0.94	0.85	0.51		-0.12	0.21	-0.56	0.28	0.32	0.98	-0.32	0.02	0.07	-0.24	-0.24	0.28	0.91	0.31	-0.25
Net Receivables	-0.05	0.21	0.02	-0.18	0.07	-0.37	0.17	-0.02	-0.07	0.35	-0.12		0.59	0.03	0.4	0.21	-0.03	-0.13	-0.04	-0.03	-0.36	0.47	-0.33	0.11	0.16	-0.36
Common Stock Shares Outstanding	0.22	0.65	0.28	0.25	-0.27	-0.68	0.3	0.35	0.17	0.39	0.21	0.59		0.18	0.76	0.65	0.26	0.17	-0.09	0.13	-0.7	-0.18	-0.55	0.35	0.67	-0.7
Non Current Liabilities Total	-0.57	0.18	-0.6	-0.53	0.56	-0.26	0.0	-0.51	-0.56	-0.16	-0.56	0.03	0.18		0.17	0.36	-0.54	0.37	-0.21	0.03	-0.2	-0.22	-0.49	-0.6	0.15	-0.19
Other Stockholder Equity	0.3	0.82	0.25	0.32	-0.29	-0.98	0.55	0.31	0.24	0.19	0.28	0.4	0.76	0.17		0.81	0.35	0.21	-0.22	0.19	-0.99	-0.31	-0.82	0.32	0.52	-0.99
Total Liab	0.27	0.98	0.22	0.21	-0.34	-0.79	0.75	0.4	0.18	0.43	0.32	0.21	0.65	0.36	0.81		0.35	0.11	-0.04	-0.11	-0.8	-0.21	-0.61	0.24	0.65	-0.8
Total Current Assets	0.96	0.47	0.89	0.85	-0.96	-0.24	0.5	0.9	0.87	0.48	0.98	-0.03	0.26	-0.54	0.35	0.35		-0.23	-0.06	0.11	-0.31	-0.26	0.21	0.95	0.37	-0.33
Other Current Assets	-0.17	0.04	-0.25	-0.08	0.36	-0.26	-0.48	-0.43	-0.11	-0.6	-0.32	-0.13	0.17	0.37	0.21	0.11	-0.23		-0.38	0.29	-0.22	-0.57	-0.39	-0.09	0.51	-0.22
Short Long Term Debt Total	-0.14	0.0	-0.12	-0.26	-0.01	0.22	0.06	0.07	-0.21	0.25	0.02	-0.04	-0.09	-0.21	-0.22	-0.04	-0.06	-0.38		-0.22	0.22	0.46	0.17	-0.14	-0.2	0.23
Other Current Liab	0.17	-0.12	0.1	0.31	-0.04	-0.2	-0.16	-0.05	0.2	-0.55	0.07	-0.03	0.13	0.03	0.19	-0.11	0.11	0.29	-0.22		-0.2	-0.55	-0.22	0.19	-0.03	-0.21
Short Term Investments	-0.26	-0.8	-0.19	-0.28	0.24	1.0	-0.55	-0.25	-0.2	-0.14	-0.24	-0.36	-0.7	-0.2	-0.99	-0.8	-0.31	-0.22	0.22	-0.2		0.32	0.85	-0.26	-0.47	1.0
Short Term Debt	-0.31	-0.18	-0.23	-0.48	0.21	0.31	0.06	-0.15	-0.34	0.34	-0.24	0.47	-0.18	-0.22	-0.31	-0.21	-0.26	-0.57	0.46	-0.55	0.32		0.23	-0.25	-0.35	0.33
Inventory	0.25	-0.55	0.3	0.17	-0.27	0.89	-0.25	0.24	0.28	0.19	0.28	-0.33	-0.55	-0.49	-0.82	-0.61	0.21	-0.39	0.17	-0.22	0.85	0.23		0.23	-0.28	0.85
Intangible Assets	0.95	0.36	0.92	0.86	-0.9	-0.19	0.31	0.84	0.9	0.38	0.91	0.11	0.35	-0.6	0.32	0.24	0.95	-0.09	-0.14	0.19	-0.26	-0.25	0.23		0.45	-0.28
Current Deferred Revenue	0.33	0.65	0.31	0.27	-0.34	-0.45	0.15	0.35	0.28	0.24	0.31	0.16	0.67	0.15	0.52	0.65	0.37	0.51	-0.2	-0.03	-0.47	-0.35	-0.28	0.45		-0.47
Good Will	-0.27	-0.8	-0.21	-0.3	0.25	0.99	-0.55	-0.26	-0.21	-0.14	-0.25	-0.36	-0.7	-0.19	-0.99	-0.8	-0.33	-0.22	0.23	-0.21	1.0	0.33	0.85	-0.28	-0.47

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AirIQ Account Relationship Matchups

AirIQ fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.1M	3.9M	4.6M	8.4M	9.1M	10.8M
Total Current Liabilities	1.6M	1.1M	1.3M	1.4M	1.1M	1.1M
Total Stockholder Equity	2.3M	2.7M	3.2M	7.0M	7.9M	6.0M
Property Plant And Equipment Net	348K	465K	908K	938K	1.7M	1.4M
Net Debt	(2.1M)	(1.7M)	(1.8M)	(2.2M)	(3.1M)	(3.0M)
Retained Earnings	(96.4M)	(96.0M)	(95.4M)	(91.7M)	(90.9M)	(95.4M)
Accounts Payable	761K	574K	700K	767K	593K	563.4K
Cash	2.2M	1.8M	1.9M	2.2M	3.1M	2.1M
Non Current Assets Total	1.0M	1.1M	1.6M	4.9M	5.1M	5.1M
Cash And Short Term Investments	2.2M	1.8M	1.9M	2.2M	3.1M	3.8M
Net Receivables	347K	499K	433K	567K	251K	238.5K
Common Stock Shares Outstanding	30.9M	30.9M	31.3M	30.5M	30.1M	15.6M
Liabilities And Stockholders Equity	4.1M	3.9M	4.6M	8.4M	9.1M	10.8M
Other Stockholder Equity	7.3M	7.3M	7.2M	7.3M	7.4M	7.1M
Total Liab	1.8M	1.2M	1.4M	1.5M	1.2M	1.1M
Total Current Assets	3.0M	2.8M	2.9M	3.5M	4.0M	5.7M
Other Current Assets	115K	77K	82K	133K	145K	241.4K
Inventory	373K	355K	515K	639K	484K	725.1K
Intangible Assets	659K	683K	719K	1.0M	1.2M	1.5M
Current Deferred Revenue	737K	431K	522K	586K	549K	521.6K
Other Liab	100K	124K	30K	78K	70.2K	106.8K
Net Tangible Assets	1.6M	2.0M	2.4M	5.9M	6.8M	7.2M
Property Plant Equipment	296K	348K	465K	908K	1.0M	1.1M
Net Invested Capital	2.3M	2.8M	3.2M	7.0M	7.9M	4.1M
Net Working Capital	1.5M	1.7M	1.6M	2.2M	2.9M	1.7M

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