ANSYS Research Development vs Income Before Tax Analysis

ANSS Stock

USD 350.00 1.06 0.30%

ANSYS financial indicator trend analysis is way more than just evaluating ANSYS Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANSYS Inc is a good investment. Please check the relationship between ANSYS Research Development and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANSYS 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 state.

Research Development vs Income Before Tax

Research Development vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANSYS Inc Research Development account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ANSYS's Research Development and Income Before Tax is 0.92. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of ANSYS Inc, assuming nothing else is changed. The correlation between historical values of ANSYS's Research Development and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of ANSYS Inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Research Development i.e., ANSYS's Research Development and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Research Development

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on ANSYS income statement and is an important metric when analyzing ANSYS Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from ANSYS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANSYS 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ANSYS 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 state.

At this time, ANSYS's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 43.60 in 2024, whereas Tax Provision is likely to drop slightly above 67.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.6B	1.8B	2.0B	2.1B
Total Revenue	1.9B	2.1B	2.3B	2.4B

Gross Profit Total Revenue

ANSYS fundamental ratios Correlations

	Total Assets	Other Current Liab	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	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock Total Equity	Common Stock	Other Assets	Short Term Investments
Total Assets		0.23	0.65	1.0	0.94	0.6	0.97	0.92	0.34	0.99	0.61	0.34	0.93	1.0	0.06	0.89	0.84	-0.19	0.18	0.96	0.91	0.96	0.49	0.49	0.9	-0.51
Other Current Liab	0.23		0.83	0.27	-0.03	-0.02	0.22	0.35	-0.02	0.15	-0.51	-0.01	0.49	0.21	0.26	-0.15	-0.01	0.19	0.08	0.19	0.49	0.2	0.12	0.13	0.34	-0.17
Total Current Liabilities	0.65	0.83		0.69	0.41	0.11	0.62	0.69	0.32	0.57	-0.12	0.33	0.79	0.62	0.43	0.27	0.45	0.15	0.31	0.55	0.86	0.59	0.52	0.53	0.61	-0.58
Total Stockholder Equity	1.0	0.27	0.69		0.92	0.55	0.98	0.92	0.36	0.98	0.58	0.36	0.94	0.99	0.09	0.86	0.84	-0.19	0.2	0.95	0.93	0.94	0.51	0.51	0.9	-0.53
Property Plant And Equipment Net	0.94	-0.03	0.41	0.92		0.66	0.9	0.87	0.32	0.96	0.76	0.33	0.8	0.94	-0.05	0.97	0.82	-0.19	0.15	0.92	0.77	0.92	0.39	0.39	0.8	-0.39
Net Debt	0.6	-0.02	0.11	0.55	0.66		0.54	0.56	-0.44	0.66	0.44	-0.44	0.62	0.64	-0.4	0.75	0.32	-0.12	-0.17	0.75	0.28	0.74	-0.24	-0.24	0.75	0.27
Retained Earnings	0.97	0.22	0.62	0.98	0.9	0.54		0.9	0.35	0.96	0.63	0.35	0.9	0.97	-0.08	0.85	0.81	-0.39	0.13	0.93	0.89	0.88	0.43	0.43	0.9	-0.45
Accounts Payable	0.92	0.35	0.69	0.92	0.87	0.56	0.9		0.28	0.9	0.47	0.28	0.92	0.91	-0.02	0.8	0.66	-0.19	0.02	0.86	0.9	0.88	0.37	0.38	0.8	-0.39
Cash	0.34	-0.02	0.32	0.36	0.32	-0.44	0.35	0.28		0.28	0.36	1.0	0.14	0.3	0.43	0.2	0.55	-0.09	0.47	0.13	0.5	0.16	0.85	0.85	-0.01	-0.79
Non Current Assets Total	0.99	0.15	0.57	0.98	0.96	0.66	0.96	0.9	0.28		0.67	0.28	0.9	1.0	0.01	0.93	0.83	-0.21	0.15	0.98	0.85	0.97	0.44	0.44	0.91	-0.45
Non Currrent Assets Other	0.61	-0.51	-0.12	0.58	0.76	0.44	0.63	0.47	0.36	0.67		0.36	0.32	0.62	-0.27	0.83	0.64	-0.47	-0.05	0.6	0.34	0.56	0.29	0.29	0.45	-0.25
Cash And Short Term Investments	0.34	-0.01	0.33	0.36	0.33	-0.44	0.35	0.28	1.0	0.28	0.36		0.14	0.3	0.43	0.21	0.55	-0.09	0.47	0.13	0.51	0.17	0.85	0.85	0.0	-0.79
Net Receivables	0.93	0.49	0.79	0.94	0.8	0.62	0.9	0.92	0.14	0.9	0.32	0.14		0.93	0.05	0.73	0.69	-0.1	0.15	0.92	0.91	0.91	0.34	0.35	0.93	-0.37
Good Will	1.0	0.21	0.62	0.99	0.94	0.64	0.97	0.91	0.3	1.0	0.62	0.3	0.93		0.04	0.91	0.83	-0.19	0.18	0.97	0.88	0.97	0.46	0.46	0.92	-0.48
Common Stock Shares Outstanding	0.06	0.26	0.43	0.09	-0.05	-0.4	-0.08	-0.02	0.43	0.01	-0.27	0.43	0.05	0.04		-0.15	0.22	0.78	0.46	-0.08	0.26	0.11	0.7	0.7	-0.12	-0.76
Non Current Liabilities Total	0.89	-0.15	0.27	0.86	0.97	0.75	0.85	0.8	0.2	0.93	0.83	0.21	0.73	0.91	-0.15		0.77	-0.25	0.05	0.91	0.65	0.91	0.3	0.3	0.79	-0.29
Other Current Assets	0.84	-0.01	0.45	0.84	0.82	0.32	0.81	0.66	0.55	0.83	0.64	0.55	0.69	0.83	0.22	0.77		-0.12	0.36	0.77	0.77	0.77	0.63	0.63	0.67	-0.62
Other Stockholder Equity	-0.19	0.19	0.15	-0.19	-0.19	-0.12	-0.39	-0.19	-0.09	-0.21	-0.47	-0.09	-0.1	-0.19	0.78	-0.25	-0.12		0.28	-0.2	-0.1	0.0	0.21	0.21	-0.23	-0.24
Total Liab	0.18	0.08	0.31	0.2	0.15	-0.17	0.13	0.02	0.47	0.15	-0.05	0.47	0.15	0.18	0.46	0.05	0.36	0.28		0.11	0.3	0.16	0.5	0.5	0.05	-0.46
Property Plant And Equipment Gross	0.96	0.19	0.55	0.95	0.92	0.75	0.93	0.86	0.13	0.98	0.6	0.13	0.92	0.97	-0.08	0.91	0.77	-0.2	0.11		0.8	0.96	0.3	0.3	0.97	-0.31
Total Current Assets	0.91	0.49	0.86	0.93	0.77	0.28	0.89	0.9	0.5	0.85	0.34	0.51	0.91	0.88	0.26	0.65	0.77	-0.1	0.3	0.8		0.81	0.6	0.61	0.76	-0.65
Intangible Assets	0.96	0.2	0.59	0.94	0.92	0.74	0.88	0.88	0.16	0.97	0.56	0.17	0.91	0.97	0.11	0.91	0.77	0.0	0.16	0.96	0.81		0.41	0.41	0.9	-0.42
Common Stock Total Equity	0.49	0.12	0.52	0.51	0.39	-0.24	0.43	0.37	0.85	0.44	0.29	0.85	0.34	0.46	0.7	0.3	0.63	0.21	0.5	0.3	0.6	0.41		1.0	0.21	-0.95
Common Stock	0.49	0.13	0.53	0.51	0.39	-0.24	0.43	0.38	0.85	0.44	0.29	0.85	0.35	0.46	0.7	0.3	0.63	0.21	0.5	0.3	0.61	0.41	1.0		0.22	-0.96
Other Assets	0.9	0.34	0.61	0.9	0.8	0.75	0.9	0.8	-0.01	0.91	0.45	0.0	0.93	0.92	-0.12	0.79	0.67	-0.23	0.05	0.97	0.76	0.9	0.21	0.22		-0.22
Short Term Investments	-0.51	-0.17	-0.58	-0.53	-0.39	0.27	-0.45	-0.39	-0.79	-0.45	-0.25	-0.79	-0.37	-0.48	-0.76	-0.29	-0.62	-0.24	-0.46	-0.31	-0.65	-0.42	-0.95	-0.96	-0.22

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ANSYS Account Relationship Matchups

ANSYS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8B	5.9B	6.3B	6.7B	7.3B	7.7B
Other Current Liab	(89.3M)	(42.3M)	(33.7M)	(36.8M)	343.5M	360.6M
Total Current Liabilities	351.4M	372.1M	391.5M	414.0M	889.3M	933.8M
Total Stockholder Equity	3.5B	4.1B	4.5B	4.9B	5.4B	5.7B
Property Plant And Equipment Net	189.3M	234.2M	208.8M	210.0M	194.8M	204.5M
Net Debt	(448.6M)	(114.6M)	85.9M	139.2M	(5.8M)	(6.1M)
Retained Earnings	3.4B	3.8B	4.3B	4.8B	5.3B	5.5B
Accounts Payable	14.3M	18.7M	10.9M	14.0M	22.8M	23.9M
Cash	872.1M	912.7M	667.7M	614.4M	860.2M	455.4M
Non Current Assets Total	3.5B	4.5B	5.0B	5.3B	5.3B	5.5B
Non Currrent Assets Other	643.0M	756.7M	838.0M	550.2M	272.4M	168.8M
Cash And Short Term Investments	872.4M	913.2M	668.0M	614.6M	860.4M	462.6M
Net Receivables	433.5M	537.6M	645.9M	760.3M	1.1B	1.2B
Good Will	2.4B	3.0B	3.4B	3.7B	3.8B	4.0B
Common Stock Shares Outstanding	85.9M	87.3M	88.1M	87.5M	87.4M	88.7M
Liabilities And Stockholders Equity	4.8B	5.9B	6.3B	6.7B	7.3B	7.7B
Non Current Liabilities Total	1.0B	1.5B	1.4B	1.4B	1.0B	1.1B
Other Current Assets	45.3M	44.7M	52.4M	51.2M	48.9M	43.2M
Other Stockholder Equity	147.1M	310.1M	280.0M	204.7M	196.3M	328.4M
Total Liab	1.4B	1.8B	1.8B	1.8B	1.9B	991.7M
Property Plant And Equipment Gross	189.3M	234.2M	364.9M	368.3M	370.2M	388.7M
Total Current Assets	1.3B	1.5B	1.3B	1.4B	2.0B	2.2B
Accumulated Other Comprehensive Income	(65.4M)	(17.8M)	(56.1M)	(122.7M)	(90.3M)	(85.8M)
Intangible Assets	476.7M	694.9M	763.1M	809.2M	835.4M	877.2M
Other Assets	204.1M	253.9M	838.0M	845.6M	972.5M	1.0B
Short Term Investments	288K	479K	361K	183K	189K	179.6K
Treasury Stock	(1.0B)	(1.1B)	(1.2B)	(1.3B)	(1.2B)	(1.1B)
Property Plant Equipment	83.6M	96.5M	87.9M	80.8M	93.0M	48.8M
Current Deferred Revenue	351.4M	372.1M	391.5M	414.0M	457.5M	271.3M
Other Liab	175.1M	194.8M	203.8M	160.9M	185.0M	98.8M
Short Term Debt	8.7M	75M	23.6M	22.8M	22.5M	36.8M
Net Tangible Assets	563.4M	364.7M	311.7M	398.4M	458.2M	549.1M
Retained Earnings Total Equity	3.4B	3.8B	4.3B	4.8B	5.5B	5.8B
Capital Surpluse	1.2B	1.4B	1.5B	1.5B	1.8B	1.2B

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