Aspen Short Term Debt from 2010 to 2024

AZPN Stock  USD 250.85  2.36  0.95%   
Aspen Technology Short Term Debt yearly trend continues to be very stable with very little volatility. Short Term Debt is likely to grow to about 50.6 M this year. During the period from 2010 to 2024, Aspen Technology Short Term Debt quarterly data regression pattern had sample variance of 4952.7 T and median of  26,751,000. View All Fundamentals
 
Short Term Debt  
First Reported
1994-09-30
Previous Quarter
26.2 M
Current Value
24.3 M
Quarterly Volatility
64.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aspen Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aspen Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 517.7 M, Interest Expense of 3 M or Selling General Administrative of 144.4 M, as well as many indicators such as Price To Sales Ratio of 11.74, Dividend Yield of 0.0032 or PTB Ratio of 1.32. Aspen financial statements analysis is a perfect complement when working with Aspen Technology Valuation or Volatility modules.
  
Check out the analysis of Aspen Technology Correlation against competitors.
To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.

Latest Aspen Technology's Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Aspen Technology over the last few years. It is Aspen Technology's Short Term Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aspen Technology's overall financial position and show how it may be relating to other accounts over time.
Short Term Debt10 Years Trend
Pretty Stable
   Short Term Debt   
       Timeline  

Aspen Short Term Debt Regression Statistics

Arithmetic Mean70,766,162
Geometric Mean36,455,225
Coefficient Of Variation99.45
Mean Deviation61,087,492
Median26,751,000
Standard Deviation70,375,380
Sample Variance4952.7T
Range219.5M
R-Value0.13
Mean Square Error5240.5T
R-Squared0.02
Significance0.64
Slope2,079,750
Total Sum of Squares69337.7T

Aspen Short Term Debt History

202450.6 M
202326.2 M
202225.9 M
202135.2 M
202026.8 M
2019142 M
2018220 M

About Aspen Technology Financial Statements

Aspen Technology investors utilize fundamental indicators, such as Short Term Debt, to predict how Aspen Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Short Term Debt26.2 M50.6 M

Pair Trading with Aspen Technology

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 Aspen Technology 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 Aspen Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aspen Stock

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Moving against Aspen Stock

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The ability to find closely correlated positions to Aspen Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Technology 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 Aspen Technology - 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 Aspen Technology to buy it.
The correlation of Aspen Technology 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 Aspen Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Technology 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 Aspen Technology 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 Aspen Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aspen Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Technology Stock:
Check out the analysis of Aspen Technology Correlation against competitors.
To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Application Software 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 Aspen Technology. If investors know Aspen 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 Aspen Technology 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
0.682
Earnings Share
(0.56)
Revenue Per Share
17.245
Quarterly Revenue Growth
(0.13)
Return On Assets
(0.01)
The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen Technology'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 Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen Technology'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 Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Technology'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.