Apax Long Term Investments vs Other Current Liab 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 Long Term Investments and its Other Current Liab 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.
Long Term Investments vs Other Current Liab
Long Term Investments vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apax Global Alpha Long Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Apax Global's Long Term Investments and Other Current Liab is 0.01. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Current Liab 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 Long Term Investments 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 Long Term Investments of Apax Global Alpha 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 Long Term Investments i.e., Apax Global's Long Term Investments and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Apax Global balance sheet that represents investments Apax Global Alpha intends to hold for over a year. Apax Global Alpha long term investments may include different instruments such as stocks, bonds, real estate and cash.Other Current Liab
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Apax Stock Analysis
When running Apax Global's price analysis, check to measure Apax Global'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 Apax Global is operating at the current time. Most of Apax Global's value examination focuses on studying past and present price action to predict the probability of Apax Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apax Global's price. Additionally, you may evaluate how the addition of Apax Global to your portfolios can decrease your overall portfolio volatility.