Apax Common Stock Total Equity vs Other Assets Analysis
APAX Stock | 141.20 0.80 0.56% |
Apax Global financial indicator trend analysis is way more than just evaluating Apax Global Alpha prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apax Global Alpha is a good investment. Please check the relationship between Apax Global Common Stock Total Equity and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apax Global Alpha. 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.
Common Stock Total Equity vs Other Assets
Common Stock Total Equity vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apax Global Alpha Common Stock Total Equity account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Apax Global's Common Stock Total Equity and Other Assets is 0.53. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Apax Global Alpha, assuming nothing else is changed. The correlation between historical values of Apax Global's Common Stock Total Equity and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Apax Global Alpha are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Total Equity i.e., Apax Global's Common Stock Total Equity and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Other Assets
Most indicators from Apax Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apax Global Alpha 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 Apax Global Alpha. 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. Selling General Administrative is likely to gain to about 13.9 M in 2024. Tax Provision is likely to gain to about 250.6 K in 2024
Apax Global fundamental ratios Correlations
Click cells to compare fundamentals
Apax Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Apax Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.2B | 1.5B | 1.3B | 1.3B | 1.2B | |
Other Current Liab | (13.4M) | (31.0M) | (67K) | (4.0M) | (10.8M) | (11.3M) | |
Total Current Liabilities | 13.4M | 31.0M | 67K | 4.0M | 11.3M | 7.7M | |
Total Stockholder Equity | 1.1B | 1.2B | 1.5B | 1.3B | 1.3B | 928.7M | |
Net Debt | (3.3M) | (124.6M) | (108.5M) | (68.0M) | (101.4M) | (96.3M) | |
Retained Earnings | 218.3M | 327.4M | 607.9M | 425.6M | 413.8M | 434.5M | |
Cash | 3.3M | 124.6M | 108.5M | 68.0M | 101.4M | 52.6M | |
Non Current Assets Total | 1.1B | 1.1B | 1.3B | 1.2B | 1.2B | 1.1B | |
Non Currrent Assets Other | (1.1B) | (1.1B) | (1.3B) | (1.2B) | (1.2B) | (1.3B) | |
Cash And Short Term Investments | 3.3M | 124.6M | 108.5M | 68.0M | 101.4M | 52.6M | |
Net Receivables | 2.3M | 1.3M | 33.6M | 1.7M | 2.5M | 2.4M | |
Liabilities And Stockholders Equity | 1.1B | 1.2B | 1.5B | 1.3B | 1.3B | 1.2B | |
Total Liab | 13.4M | 31.0M | 67K | 11.9M | 13.0M | 12.3M | |
Total Current Assets | 5.5M | 125.9M | 143.4M | 70.1M | 106.1M | 60.3M | |
Net Tangible Assets | 1.1B | 1.2B | 1.5B | 1.3B | 1.5B | 1.2B | |
Inventory | (2.0M) | (1.5M) | (2.1M) | (429K) | (2.2M) | (2.3M) | |
Other Current Assets | 2.1M | 0.0 | 1.3M | 429K | 2.2M | 1.3M | |
Long Term Investments | 1.1B | 1.1B | 1.3B | 1.2B | 1.2B | 1.2B | |
Accumulated Other Comprehensive Income | 0.0 | 6.9M | 8.4M | 6.6M | 5.9M | 7.3M | |
Other Assets | 1.1B | 1.2B | 1.5B | 1.3B | 1.5B | 1.3B |
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