Axway Intangible Assets vs Common Stock Analysis

0P5L Stock   27.70  0.20  0.73%   
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 Intangible Assets and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axway Software SA. 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.

Intangible Assets vs Common Stock

Intangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axway Software SA Intangible Assets account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Axway Software's Intangible Assets and Common Stock is -0.62. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock 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 Intangible Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Axway Software SA are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Intangible Assets i.e., Axway Software's Intangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock

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, which includes a position in Axway Software SA. 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.
 2019 2020 2023 2024 (projected)
Interest Income1.6M3.7M4.3M4.5M
Tax Provision6.8M5.1M4.6M7.2M

Axway Software fundamental ratios Correlations

0.55-0.75-0.79-0.37-0.42-0.47-0.440.640.69-0.38-0.470.470.790.54-0.270.02-0.520.970.51-0.55-0.50.59-0.65-0.840.55
0.55-0.87-0.6-0.84-0.840.0-0.960.950.82-0.89-0.930.910.880.13-0.760.22-0.970.650.97-0.93-0.810.91-0.83-0.340.94
-0.75-0.870.790.670.690.330.8-0.93-0.750.690.82-0.76-0.85-0.450.56-0.010.89-0.83-0.830.860.74-0.950.970.67-0.92
-0.79-0.60.790.660.690.130.64-0.67-0.810.550.59-0.61-0.85-0.160.55-0.090.58-0.83-0.510.640.63-0.720.690.91-0.58
-0.37-0.840.670.661.0-0.390.95-0.78-0.920.960.8-0.95-0.830.30.97-0.530.8-0.49-0.730.850.87-0.780.630.35-0.69
-0.42-0.840.690.691.0-0.360.94-0.79-0.940.960.8-0.96-0.850.260.97-0.540.8-0.54-0.730.860.88-0.790.650.39-0.69
-0.470.00.330.13-0.39-0.36-0.2-0.050.16-0.270.10.190.03-0.72-0.410.340.13-0.36-0.160.110.01-0.220.290.44-0.22
-0.44-0.960.80.640.950.94-0.2-0.9-0.870.950.92-0.96-0.870.090.89-0.340.93-0.56-0.90.930.85-0.880.760.34-0.86
0.640.95-0.93-0.67-0.78-0.79-0.05-0.90.8-0.81-0.810.850.890.34-0.670.09-0.930.770.88-0.87-0.750.92-0.94-0.440.94
0.690.82-0.75-0.81-0.92-0.940.16-0.870.8-0.89-0.760.920.94-0.07-0.870.52-0.770.760.71-0.84-0.870.78-0.68-0.590.67
-0.38-0.890.690.550.960.96-0.270.95-0.81-0.890.85-0.99-0.790.210.97-0.60.88-0.49-0.810.920.93-0.830.680.26-0.76
-0.47-0.930.820.590.80.80.10.92-0.81-0.760.85-0.87-0.780.020.76-0.280.94-0.52-0.960.950.84-0.90.730.39-0.87
0.470.91-0.76-0.61-0.95-0.960.19-0.960.850.92-0.99-0.870.83-0.11-0.950.57-0.910.580.83-0.95-0.950.87-0.74-0.340.8
0.790.88-0.85-0.85-0.83-0.850.03-0.870.890.94-0.79-0.780.830.15-0.710.2-0.80.860.78-0.81-0.740.81-0.77-0.640.77
0.540.13-0.45-0.160.30.26-0.720.090.34-0.070.210.02-0.110.150.4-0.54-0.170.540.14-0.050.10.24-0.51-0.330.33
-0.27-0.760.560.550.970.97-0.410.89-0.67-0.870.970.76-0.95-0.710.4-0.70.75-0.38-0.670.840.9-0.720.530.25-0.6
0.020.22-0.01-0.09-0.53-0.540.34-0.340.090.52-0.6-0.280.570.2-0.54-0.7-0.250.040.16-0.42-0.640.20.00.010.03
-0.52-0.970.890.580.80.80.130.93-0.93-0.770.880.94-0.91-0.8-0.170.75-0.25-0.62-0.970.970.87-0.960.870.37-0.97
0.970.65-0.83-0.83-0.49-0.54-0.36-0.560.770.76-0.49-0.520.580.860.54-0.380.04-0.620.58-0.63-0.580.7-0.77-0.810.66
0.510.97-0.83-0.51-0.73-0.73-0.16-0.90.880.71-0.81-0.960.830.780.14-0.670.16-0.970.58-0.93-0.780.89-0.78-0.310.94
-0.55-0.930.860.640.850.860.110.93-0.87-0.840.920.95-0.95-0.81-0.050.84-0.420.97-0.63-0.930.95-0.950.820.45-0.9
-0.5-0.810.740.630.870.880.010.85-0.75-0.870.930.84-0.95-0.740.10.9-0.640.87-0.58-0.780.95-0.870.710.45-0.75
0.590.91-0.95-0.72-0.78-0.79-0.22-0.880.920.78-0.83-0.90.870.810.24-0.720.2-0.960.70.89-0.95-0.87-0.94-0.550.95
-0.65-0.830.970.690.630.650.290.76-0.94-0.680.680.73-0.74-0.77-0.510.530.00.87-0.77-0.780.820.71-0.940.55-0.92
-0.84-0.340.670.910.350.390.440.34-0.44-0.590.260.39-0.34-0.64-0.330.250.010.37-0.81-0.310.450.45-0.550.55-0.38
0.550.94-0.92-0.58-0.69-0.69-0.22-0.860.940.67-0.76-0.870.80.770.33-0.60.03-0.970.660.94-0.9-0.750.95-0.92-0.38
Click cells to compare fundamentals

Axway Software Account Relationship Matchups

Axway Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets551.1M553.8M568.8M559.3M643.2M614.0M
Short Long Term Debt Total47.8M41.8M62.1M69.4M79.8M56.4M
Total Current Liabilities137.9M130.6M121.4M109.8M98.8M103.1M
Total Stockholder Equity344.1M362.8M362.6M355.5M319.9M288.0M
Retained Earnings11.0M5.4M8.5M9.6M8.6M8.2M
Other Assets22.9M22.8M24.9M23.4M21.1M21.9M
Long Term Debt47.8M41.8M39.2M37.3M33.5M32.2M
Cash And Short Term Investments28.1M35.8M21.1M16.2M14.5M24.5M
Net Receivables85.1M91.5M107.5M119.8M137.7M105.8M
Good Will333.6M344.1M350.0M330.3M379.9M362.3M
Other Stockholder Equity310.2M315.6M305.0M329.2M378.5M271.4M
Total Liab207.0M191.1M206.2M203.9M234.5M218.1M
Total Current Assets131.1M126.2M136.4M158.3M182.0M153.5M
Treasury Stock(621K)(876K)(827K)(714K)(642.6K)(674.7K)
Short Term Debt7K2.1M1.4M290K333.5K316.8K
Intangible Assets48.9M42.3M33.9M23.4M21.0M31.7M
Property Plant Equipment13.4M36.0M44.4M37.8M43.5M29.4M
Other Current Liab84.3M66.4M59.1M59.7M53.7M61.7M
Other Liab11.4M13.6M13.1M13.6M12.3M11.9M
Net Tangible Assets(23.7M)(21.3M)1.8M8.8M10.1M10.6M
Accounts Payable15.4M16.6M13.8M10.9M9.8M11.7M

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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.