0IL6 Good Will vs Other Current Liab Analysis

0IL6 Stock   251.55  1.37  0.55%   
F5 Networks financial indicator trend analysis is much more than just examining F5 Networks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether F5 Networks is a good investment. Please check the relationship between F5 Networks Good Will and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in F5 Networks. 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.
For more information on how to buy 0IL6 Stock please use our How to Invest in F5 Networks guide.

Good Will vs Other Current Liab

Good Will vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of F5 Networks Good Will account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between F5 Networks' Good Will and Other Current Liab is 0.72. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of F5 Networks, assuming nothing else is changed. The correlation between historical values of F5 Networks' Good Will and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of F5 Networks are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Good Will i.e., F5 Networks' Good Will and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Current Liab

Most indicators from F5 Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into F5 Networks 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 F5 Networks. 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.
For more information on how to buy 0IL6 Stock please use our How to Invest in F5 Networks guide.Selling General Administrative is likely to gain to about 282.3 M in 2024. Tax Provision is likely to gain to about 86.7 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue2.7B2.8B2.8B3.0B
Depreciation And Amortization154.1M150.4M107.0M54.7M

F5 Networks fundamental ratios Correlations

0.740.960.980.9-0.320.970.690.90.990.950.550.70.280.780.780.220.980.94-0.380.94-0.040.970.980.790.43
0.740.790.610.880.060.570.810.620.720.690.790.680.110.350.320.250.830.720.070.820.230.730.720.90.44
0.960.790.890.87-0.330.90.820.890.920.90.650.780.260.790.670.290.980.96-0.280.9-0.130.980.920.760.58
0.980.610.890.8-0.40.990.60.880.970.920.470.620.380.80.830.130.90.9-0.420.87-0.030.930.940.690.33
0.90.880.870.8-0.020.770.670.790.90.890.590.650.060.520.60.250.950.81-0.270.980.170.840.910.920.41
-0.320.06-0.33-0.4-0.02-0.47-0.07-0.6-0.21-0.16-0.33-0.03-0.28-0.62-0.58-0.15-0.22-0.530.2-0.090.56-0.46-0.20.190.18
0.970.570.90.990.77-0.470.590.90.950.910.460.630.340.840.840.210.90.92-0.460.85-0.160.940.930.650.34
0.690.810.820.60.67-0.070.590.560.650.630.710.810.230.560.270.250.750.720.020.64-0.020.730.640.70.74
0.90.620.890.880.79-0.60.90.560.840.820.610.490.210.850.870.280.880.95-0.390.83-0.230.930.860.60.29
0.990.720.920.970.9-0.210.950.650.840.980.450.70.230.720.760.180.960.87-0.450.950.040.920.990.830.44
0.950.690.90.920.89-0.160.910.630.820.980.350.70.060.720.750.240.950.82-0.560.95-0.030.880.990.840.51
0.550.790.650.470.59-0.330.460.710.610.450.350.450.360.380.270.220.610.720.390.530.020.650.420.520.15
0.70.680.780.620.65-0.030.630.810.490.70.70.450.120.410.180.190.740.63-0.250.66-0.10.720.710.670.64
0.280.110.260.380.06-0.280.340.230.210.230.060.360.120.30.13-0.290.170.370.380.060.20.30.11-0.02-0.02
0.780.350.790.80.52-0.620.840.560.850.720.720.380.410.30.840.20.720.83-0.430.59-0.380.80.720.370.49
0.780.320.670.830.6-0.580.840.270.870.760.750.270.180.130.840.180.690.75-0.560.69-0.190.730.760.440.11
0.220.250.290.130.25-0.150.210.250.280.180.240.220.19-0.290.20.180.280.27-0.080.27-0.540.290.250.290.11
0.980.830.980.90.95-0.220.90.750.880.960.950.610.740.170.720.690.280.93-0.320.97-0.040.960.970.850.51
0.940.720.960.90.81-0.530.920.720.950.870.820.720.630.370.830.750.270.93-0.20.84-0.190.980.860.640.38
-0.380.07-0.28-0.42-0.270.2-0.460.02-0.39-0.45-0.560.39-0.250.38-0.43-0.56-0.08-0.32-0.2-0.360.26-0.28-0.51-0.26-0.24
0.940.820.90.870.98-0.090.850.640.830.950.950.530.660.060.590.690.270.970.84-0.360.060.890.960.90.39
-0.040.23-0.13-0.030.170.56-0.16-0.02-0.230.04-0.030.02-0.10.2-0.38-0.19-0.54-0.04-0.190.260.06-0.19-0.040.25-0.07
0.970.730.980.930.84-0.460.940.730.930.920.880.650.720.30.80.730.290.960.98-0.280.89-0.190.920.70.41
0.980.720.920.940.91-0.20.930.640.860.990.990.420.710.110.720.760.250.970.86-0.510.96-0.040.920.840.46
0.790.90.760.690.920.190.650.70.60.830.840.520.67-0.020.370.440.290.850.64-0.260.90.250.70.840.45
0.430.440.580.330.410.180.340.740.290.440.510.150.64-0.020.490.110.110.510.38-0.240.39-0.070.410.460.45
Click cells to compare fundamentals

F5 Networks Account Relationship Matchups

F5 Networks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B5.0B5.3B5.2B5.6B5.9B
Other Current Liab321.4M317.1M286.7M200.0M221.1M114.9M
Total Current Liabilities1.3B1.4B1.8B1.5B1.5B1.6B
Total Stockholder Equity2.2B2.4B2.5B2.8B3.1B3.3B
Property Plant And Equipment Net529.9M436.1M395.7M365.9M329.1M345.6M
Net Debt(122.5M)85.0M(135.9M)(557.6M)(825.0M)(783.8M)
Retained Earnings1.9B2.2B2.4B2.8B3.1B3.3B
Accounts Payable64.5M62.1M113.2M63.3M67.9M36.6M
Cash849.6M581.0M758.0M797.2M1.1B1.1B
Non Current Assets Total2.9B3.4B3.4B3.4B3.5B3.7B
Non Currrent Assets Other347.4M472.6M516.1M444.6M487.5M511.9M
Cash And Short Term Investments1.2B910.6M884.6M803.3M1.1B572.7M
Net Receivables296.2M555.9M789.7M828.9M389.0M234.7M
Common Stock Shares Outstanding61.4M62.1M61.1M60.3M59.4M77.3M
Liabilities And Stockholders Equity4.7B5.0B5.3B5.2B5.6B5.9B
Inventory27.9M22.1M68.4M35.9M76.4M80.2M
Other Current Assets259.5M122.5M169.6M180.6M569.5M597.9M
Other Stockholder Equity(18.7M)(20.1M)(26.2M)(23.2M)(26.7M)(28.0M)
Total Liab2.4B2.6B2.8B2.4B2.5B2.6B
Total Current Assets1.8B1.6B1.9B1.8B2.1B2.2B
Short Term Investments360.3M329.6M126.6M6.2M7.1M6.7M
Non Current Liabilities Total1.2B1.2B967.3M975.3M994.0M1.0B
Accumulated Other Comprehensive Income(18.7M)(20.1M)(26.2M)(23.2M)(20.9M)(19.9M)
Common Stock305.5M192.5M91.0M24.4M5.9M5.6M
Current Deferred Revenue883.1M968.7M1.1B1.1B1.1B1.2B
Good Will1.9B2.2B2.3B2.3B2.3B2.4B
Intangible Assets225.9M237.2M200.3M151.0M173.6M87.6M
Other Assets122.6M166.7M1.0499.2M1.151.09
Other Liab449.6M598.8M694.9M735.8M846.1M578.4M
Net Tangible Assets147.4M(93.5M)9.4M360.6M324.5M267.5M
Property Plant Equipment529.9M436.1M395.7M365.9M420.8M348.6M
Deferred Long Term Liab40.7M43.6M42.6M35.3M40.6M42.5M

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