Apptech Average Payables vs Price To Sales Ratio Analysis

APCX Stock

USD 0.47 0.01 2.08%

Apptech Corp financial indicator trend analysis is way more than just evaluating Apptech Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apptech Corp is a good investment. Please check the relationship between Apptech Corp Average Payables and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apptech Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Apptech Stock please use our How to Invest in Apptech Corp guide.

Average Payables vs Price To Sales Ratio

Average Payables vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apptech Corp Average Payables account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Apptech Corp's Average Payables and Price To Sales Ratio is 0.19. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Apptech Corp, assuming nothing else is changed. The correlation between historical values of Apptech Corp's Average Payables and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Apptech Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Average Payables i.e., Apptech Corp's Average Payables and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

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Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Apptech Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Apptech Corp sales, a figure that is much harder to manipulate than other Apptech Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Apptech Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apptech Corp 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 Apptech Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Apptech Stock please use our How to Invest in Apptech Corp guide.At this time, Apptech Corp's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 20.57 in 2024, whereas Discontinued Operations is likely to drop (157 K) in 2024.

Apptech Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Accounts Payable	Inventory	Short Term Debt	Common Stock	Other Current Assets	Current Deferred Revenue	Net Receivables	Short Term Investments	Intangible Assets
Total Assets		0.73	0.23	0.75	0.25	-0.5	-0.86	0.84	0.98	0.83	0.83	0.77	-0.41	0.85	0.25	0.88	-0.38	-0.15	-0.29	-0.14	-0.32	-0.14	-0.23	0.72	-0.2	0.77
Other Current Liab	0.73		0.1	0.56	0.2	-0.42	-0.44	0.89	0.6	0.52	0.91	0.49	-0.27	0.44	0.08	0.93	-0.03	-0.29	0.07	0.08	-0.16	-0.13	-0.22	0.62	-0.1	0.54
Total Current Liabilities	0.23	0.1		-0.44	0.08	0.65	-0.34	0.01	0.27	0.29	-0.01	-0.09	0.13	0.27	0.95	0.05	0.4	0.44	-0.3	0.76	-0.57	0.49	0.6	0.73	-0.48	0.65
Total Stockholder Equity	0.75	0.56	-0.44		0.17	-0.9	-0.64	0.77	0.72	0.59	0.75	0.74	-0.48	0.68	-0.34	0.73	-0.69	-0.47	-0.04	-0.67	0.06	-0.43	-0.67	0.18	0.12	0.3
Property Plant And Equipment Net	0.25	0.2	0.08	0.17		-0.14	-0.22	0.16	0.26	0.24	0.15	0.31	-0.62	0.21	0.05	0.19	-0.4	-0.32	-0.26	-0.15	-0.3	-0.33	-0.02	0.23	0.61	0.25
Net Debt	-0.5	-0.42	0.65	-0.9	-0.14		0.41	-0.65	-0.45	-0.28	-0.66	-0.64	0.57	-0.46	0.52	-0.6	0.69	0.49	-0.2	0.76	-0.2	0.49	0.75	0.05	-0.24	-0.13
Retained Earnings	-0.86	-0.44	-0.34	-0.64	-0.22	0.41		-0.71	-0.9	-0.75	-0.65	-0.67	0.47	-1.0	-0.45	-0.67	0.52	0.0	0.26	0.22	0.43	0.16	0.26	-0.7	0.3	-0.82
Cash	0.84	0.89	0.01	0.77	0.16	-0.65	-0.71		0.73	0.56	0.99	0.67	-0.42	0.72	0.08	0.97	-0.38	-0.26	0.19	-0.22	-0.23	-0.21	-0.52	0.59	-0.12	0.65
Non Current Assets Total	0.98	0.6	0.27	0.72	0.26	-0.45	-0.9	0.73		0.86	0.72	0.76	-0.41	0.89	0.3	0.77	-0.41	-0.15	-0.4	-0.14	-0.32	-0.1	-0.17	0.7	-0.21	0.77
Non Currrent Assets Other	0.83	0.52	0.29	0.59	0.24	-0.28	-0.75	0.56	0.86		0.54	0.47	-0.33	0.75	0.35	0.61	-0.24	-0.21	-0.58	-0.01	-0.27	-0.03	0.03	0.67	-0.23	0.62
Cash And Short Term Investments	0.83	0.91	-0.01	0.75	0.15	-0.66	-0.65	0.99	0.72	0.54		0.65	-0.41	0.66	0.05	0.99	-0.33	-0.22	0.19	-0.19	-0.23	-0.22	-0.49	0.57	-0.11	0.62
Common Stock Shares Outstanding	0.77	0.49	-0.09	0.74	0.31	-0.64	-0.67	0.67	0.76	0.47	0.65		-0.56	0.66	-0.14	0.65	-0.55	-0.4	-0.02	-0.36	0.05	-0.2	-0.43	0.4	0.07	0.6
Non Current Liabilities Total	-0.41	-0.27	0.13	-0.48	-0.62	0.57	0.47	-0.42	-0.41	-0.33	-0.41	-0.56		-0.48	0.04	-0.41	0.54	0.38	0.16	0.4	0.04	0.36	0.2	-0.29	-0.29	-0.45
Other Stockholder Equity	0.85	0.44	0.27	0.68	0.21	-0.46	-1.0	0.72	0.89	0.75	0.66	0.66	-0.48		0.4	0.67	-0.56	-0.04	-0.24	-0.27	-0.41	-0.18	-0.31	0.66	-0.27	0.79
Total Liab	0.25	0.08	0.95	-0.34	0.05	0.52	-0.45	0.08	0.3	0.35	0.05	-0.14	0.04	0.4		0.09	0.28	0.46	-0.27	0.64	-0.61	0.42	0.5	0.74	-0.53	0.67
Total Current Assets	0.88	0.93	0.05	0.73	0.19	-0.6	-0.67	0.97	0.77	0.61	0.99	0.65	-0.41	0.67	0.09		-0.28	-0.21	0.05	-0.14	-0.25	-0.22	-0.38	0.63	-0.13	0.65
Short Long Term Debt Total	-0.38	-0.03	0.4	-0.69	-0.4	0.69	0.52	-0.38	-0.41	-0.24	-0.33	-0.55	0.54	-0.56	0.28	-0.28		0.29	-0.07	0.81	0.24	0.37	0.78	0.15	-0.52	-0.15
Accounts Payable	-0.15	-0.29	0.44	-0.47	-0.32	0.49	0.0	-0.26	-0.15	-0.21	-0.22	-0.4	0.38	-0.04	0.46	-0.21	0.29		-0.02	0.19	-0.52	0.15	0.29	0.04	-0.42	-0.02
Inventory	-0.29	0.07	-0.3	-0.04	-0.26	-0.2	0.26	0.19	-0.4	-0.58	0.19	-0.02	0.16	-0.24	-0.27	0.05	-0.07	-0.02		-0.12	0.1	0.09	-0.59	-0.3	0.12	-0.17
Short Term Debt	-0.14	0.08	0.76	-0.67	-0.15	0.76	0.22	-0.22	-0.14	-0.01	-0.19	-0.36	0.4	-0.27	0.64	-0.14	0.81	0.19	-0.12		-0.12	0.63	0.74	0.46	-0.43	0.28
Common Stock	-0.32	-0.16	-0.57	0.06	-0.3	-0.2	0.43	-0.23	-0.32	-0.27	-0.23	0.05	0.04	-0.41	-0.61	-0.25	0.24	-0.52	0.1	-0.12		-0.14	0.05	-0.36	-0.07	-0.42
Other Current Assets	-0.14	-0.13	0.49	-0.43	-0.33	0.49	0.16	-0.21	-0.1	-0.03	-0.22	-0.2	0.36	-0.18	0.42	-0.22	0.37	0.15	0.09	0.63	-0.14		0.32	0.09	-0.16	0.17
Current Deferred Revenue	-0.23	-0.22	0.6	-0.67	-0.02	0.75	0.26	-0.52	-0.17	0.03	-0.49	-0.43	0.2	-0.31	0.5	-0.38	0.78	0.29	-0.59	0.74	0.05	0.32		0.3	-0.4	0.05
Net Receivables	0.72	0.62	0.73	0.18	0.23	0.05	-0.7	0.59	0.7	0.67	0.57	0.4	-0.29	0.66	0.74	0.63	0.15	0.04	-0.3	0.46	-0.36	0.09	0.3		-0.52	0.91
Short Term Investments	-0.2	-0.1	-0.48	0.12	0.61	-0.24	0.3	-0.12	-0.21	-0.23	-0.11	0.07	-0.29	-0.27	-0.53	-0.13	-0.52	-0.42	0.12	-0.43	-0.07	-0.16	-0.4	-0.52		-0.37
Intangible Assets	0.77	0.54	0.65	0.3	0.25	-0.13	-0.82	0.65	0.77	0.62	0.62	0.6	-0.45	0.79	0.67	0.65	-0.15	-0.02	-0.17	0.28	-0.42	0.17	0.05	0.91	-0.37

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Apptech Corp Account Relationship Matchups

Apptech Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	84.9K	379.7K	7.6M	12.5M	8.4M	4.2M
Total Current Liabilities	7.4M	8.2M	7.3M	4.9M	4.1M	3.3M
Total Stockholder Equity	(7.4M)	(8.2M)	44.0K	7.4M	4.2M	4.4M
Property Plant And Equipment Net	0.0	249.8K	188.6K	127K	66K	62.7K
Net Debt	2.9M	3.1M	2.1M	(1.4M)	(1.1M)	(1.1M)
Retained Earnings	(40.8M)	(44.9M)	(124.2M)	(140.5M)	(159.7M)	(151.8M)
Cash	24.2K	57.5K	8.0K	3.5M	1.3M	1.3M
Non Current Assets Total	0.0	274.9K	6.9M	8.1M	6.8M	3.8M
Cash And Short Term Investments	24.2K	57.5K	8.0K	3.5M	1.3M	980.4K
Common Stock Shares Outstanding	8.9M	9.1M	11.4M	16.2M	19.1M	10.0M
Liabilities And Stockholders Equity	84.9K	379.7K	7.6M	12.5M	8.4M	5.3M
Non Current Liabilities Total	160K	366.9K	230.5K	166K	79K	75.1K
Other Stockholder Equity	33.2M	36.7M	124.2M	147.9M	163.9M	172.1M
Total Liab	7.5M	8.6M	7.5M	5.1M	4.2M	6.5M
Total Current Assets	84.9K	104.8K	622.6K	4.4M	1.5M	972.0K
Short Long Term Debt Total	2.9M	3.2M	2.1M	2.0M	158K	150.1K
Accounts Payable	1.7M	1.6M	1.3M	347K	1.8M	907.0K
Short Term Debt	2.9M	2.9M	1.9M	1.8M	79K	75.1K
Common Stock	84.2K	88.5K	11.9K	17K	22K	20.9K
Current Deferred Revenue	2.3M	2.6M	3.1M	729K	244K	231.8K
Net Receivables	29.8K	40.6K	40.3K	51K	30K	28.5K
Net Tangible Assets	(7.4M)	(8.2M)	44.0K	2.2M	2.0M	2.1M
Short Long Term Debt	2.9M	2.9M	1.8M	1.8M	2.1M	2.4M
Net Invested Capital	(4.5M)	(5.3M)	1.9M	9.3M	10.7M	11.2M
Net Working Capital	(7.3M)	(8.1M)	(6.7M)	(504K)	(579.6K)	(608.6K)
Capital Stock	84.2K	88.5K	11.9K	17K	15.3K	14.5K

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Apptech Average Payables vs Price To Sales Ratio Analysis

Average Payables vs Price To Sales Ratio

Average Payables vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Average Payables

Price To Sales Ratio

Apptech Corp fundamental ratios Correlations

Apptech Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Apptech Corp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Non Current Assets Total	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Cash
Total Liab	+ 0.95	Total Current Liabilities
Total Current Assets	+ 0.93	Other Current Liab

Other Stockholder Equity	- 1.0	Retained Earnings
Non Current Assets Total	- 0.9	Retained Earnings
Net Debt	- 0.9	Total Stockholder Equity
Retained Earnings	- 0.86	Total Assets
Intangible Assets	- 0.82	Retained Earnings
Non Currrent Assets Other	- 0.75	Retained Earnings