Apax Other Stockholder Equity vs Long Term Investments Analysis
APAX Stock | 141.20 0.60 0.42% |
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 Other Stockholder Equity and its Long Term Investments 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.
Other Stockholder Equity vs Long Term Investments
Other Stockholder Equity vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apax Global Alpha Other Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Apax Global's Other Stockholder Equity and Long Term Investments is -0.11. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Long Term Investments 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 Other Stockholder Equity and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Apax Global Alpha are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Other Stockholder Equity i.e., Apax Global's Other Stockholder Equity and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Stockholder Equity
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.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
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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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