| 0P5L Stock | | | 27.50 0.00 0.00% |
Axway Software financial indicator trend analysis is way more than just evaluating Axway Software SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axway Software SA is a good investment. Please check the relationship between Axway Software Cash and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios. 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.
Cash vs Retained Earnings
Cash vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Axway Software SA Cash account and
Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Axway Software's Cash and Retained Earnings is 0.35. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Axway Software SA, assuming nothing else is changed. The correlation between historical values of Axway Software's Cash and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Axway Software SA are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., Axway Software's Cash and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Axway Software SA, which is listed under current asset account on Axway Software SA balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Axway Software customers. The amounts must be unrestricted with restricted cash listed in a different Axway Software account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Axway Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axway Software SA 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. 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.
Tax Provision is likely to gain to about 7.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 224.6
M in 2024.
Axway Software fundamental ratios Correlations
Click cells to compare fundamentals
Axway Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axway Software fundamental ratios Accounts
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Additional Tools for Axway Stock Analysis
When running Axway Software's price analysis, check to
measure Axway Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axway Software is operating at the current time. Most of Axway Software's value examination focuses on studying past and present price action to
predict the probability of Axway Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axway Software's price. Additionally, you may evaluate how the addition of Axway Software to your portfolios can decrease your overall portfolio volatility.