Apptech Current Deferred Revenue vs Good Will Analysis

APCX Stock  USD 0.48  0.04  7.98%   
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 Current Deferred Revenue and its Good Will 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.

Current Deferred Revenue vs Good Will

Current Deferred Revenue vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apptech Corp Current Deferred Revenue account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Apptech Corp's Current Deferred Revenue and Good Will is -0.38. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Good Will 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 Current Deferred Revenue and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Apptech Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Current Deferred Revenue i.e., Apptech Corp's Current Deferred Revenue and Good Will go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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

0.730.230.750.25-0.5-0.860.840.980.830.830.77-0.410.850.250.88-0.38-0.15-0.29-0.14-0.32-0.14-0.230.72-0.20.77
0.730.10.560.2-0.42-0.440.890.60.520.910.49-0.270.440.080.93-0.03-0.290.070.08-0.16-0.13-0.220.62-0.10.54
0.230.1-0.440.080.65-0.340.010.270.29-0.01-0.090.130.270.950.050.40.44-0.30.76-0.570.490.60.73-0.480.65
0.750.56-0.440.17-0.9-0.640.770.720.590.750.74-0.480.68-0.340.73-0.69-0.47-0.04-0.670.06-0.43-0.670.180.120.3
0.250.20.080.17-0.14-0.220.160.260.240.150.31-0.620.210.050.19-0.4-0.32-0.26-0.15-0.3-0.33-0.020.230.610.25
-0.5-0.420.65-0.9-0.140.41-0.65-0.45-0.28-0.66-0.640.57-0.460.52-0.60.690.49-0.20.76-0.20.490.750.05-0.24-0.13
-0.86-0.44-0.34-0.64-0.220.41-0.71-0.9-0.75-0.65-0.670.47-1.0-0.45-0.670.520.00.260.220.430.160.26-0.70.3-0.82
0.840.890.010.770.16-0.65-0.710.730.560.990.67-0.420.720.080.97-0.38-0.260.19-0.22-0.23-0.21-0.520.59-0.120.65
0.980.60.270.720.26-0.45-0.90.730.860.720.76-0.410.890.30.77-0.41-0.15-0.4-0.14-0.32-0.1-0.170.7-0.210.77
0.830.520.290.590.24-0.28-0.750.560.860.540.47-0.330.750.350.61-0.24-0.21-0.58-0.01-0.27-0.030.030.67-0.230.62
0.830.91-0.010.750.15-0.66-0.650.990.720.540.65-0.410.660.050.99-0.33-0.220.19-0.19-0.23-0.22-0.490.57-0.110.62
0.770.49-0.090.740.31-0.64-0.670.670.760.470.65-0.560.66-0.140.65-0.55-0.4-0.02-0.360.05-0.2-0.430.40.070.6
-0.41-0.270.13-0.48-0.620.570.47-0.42-0.41-0.33-0.41-0.56-0.480.04-0.410.540.380.160.40.040.360.2-0.29-0.29-0.45
0.850.440.270.680.21-0.46-1.00.720.890.750.660.66-0.480.40.67-0.56-0.04-0.24-0.27-0.41-0.18-0.310.66-0.270.79
0.250.080.95-0.340.050.52-0.450.080.30.350.05-0.140.040.40.090.280.46-0.270.64-0.610.420.50.74-0.530.67
0.880.930.050.730.19-0.6-0.670.970.770.610.990.65-0.410.670.09-0.28-0.210.05-0.14-0.25-0.22-0.380.63-0.130.65
-0.38-0.030.4-0.69-0.40.690.52-0.38-0.41-0.24-0.33-0.550.54-0.560.28-0.280.29-0.070.810.240.370.780.15-0.52-0.15
-0.15-0.290.44-0.47-0.320.490.0-0.26-0.15-0.21-0.22-0.40.38-0.040.46-0.210.29-0.020.19-0.520.150.290.04-0.42-0.02
-0.290.07-0.3-0.04-0.26-0.20.260.19-0.4-0.580.19-0.020.16-0.24-0.270.05-0.07-0.02-0.120.10.09-0.59-0.30.12-0.17
-0.140.080.76-0.67-0.150.760.22-0.22-0.14-0.01-0.19-0.360.4-0.270.64-0.140.810.19-0.12-0.120.630.740.46-0.430.28
-0.32-0.16-0.570.06-0.3-0.20.43-0.23-0.32-0.27-0.230.050.04-0.41-0.61-0.250.24-0.520.1-0.12-0.140.05-0.36-0.07-0.42
-0.14-0.130.49-0.43-0.330.490.16-0.21-0.1-0.03-0.22-0.20.36-0.180.42-0.220.370.150.090.63-0.140.320.09-0.160.17
-0.23-0.220.6-0.67-0.020.750.26-0.52-0.170.03-0.49-0.430.2-0.310.5-0.380.780.29-0.590.740.050.320.3-0.40.05
0.720.620.730.180.230.05-0.70.590.70.670.570.4-0.290.660.740.630.150.04-0.30.46-0.360.090.3-0.520.91
-0.2-0.1-0.480.120.61-0.240.3-0.12-0.21-0.23-0.110.07-0.29-0.27-0.53-0.13-0.52-0.420.12-0.43-0.07-0.16-0.4-0.52-0.37
0.770.540.650.30.25-0.13-0.820.650.770.620.620.6-0.450.790.670.65-0.15-0.02-0.170.28-0.420.170.050.91-0.37
Click cells to compare fundamentals

Apptech Corp Account Relationship Matchups

Apptech Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.9K379.7K7.6M12.5M8.4M4.2M
Total Current Liabilities7.4M8.2M7.3M4.9M4.1M3.3M
Total Stockholder Equity(7.4M)(8.2M)44.0K7.4M4.2M4.4M
Property Plant And Equipment Net0.0249.8K188.6K127K66K62.7K
Net Debt2.9M3.1M2.1M(1.4M)(1.1M)(1.1M)
Retained Earnings(40.8M)(44.9M)(124.2M)(140.5M)(159.7M)(151.8M)
Cash24.2K57.5K8.0K3.5M1.3M1.3M
Non Current Assets Total0.0274.9K6.9M8.1M6.8M3.8M
Cash And Short Term Investments24.2K57.5K8.0K3.5M1.3M980.4K
Common Stock Shares Outstanding8.9M9.1M11.4M16.2M19.1M10.0M
Liabilities And Stockholders Equity84.9K379.7K7.6M12.5M8.4M5.3M
Non Current Liabilities Total160K366.9K230.5K166K79K75.1K
Other Stockholder Equity33.2M36.7M124.2M147.9M163.9M172.1M
Total Liab7.5M8.6M7.5M5.1M4.2M6.5M
Total Current Assets84.9K104.8K622.6K4.4M1.5M972.0K
Short Long Term Debt Total2.9M3.2M2.1M2.0M158K150.1K
Accounts Payable1.7M1.6M1.3M347K1.8M907.0K
Short Term Debt2.9M2.9M1.9M1.8M79K75.1K
Common Stock84.2K88.5K11.9K17K22K20.9K
Current Deferred Revenue2.3M2.6M3.1M729K244K231.8K
Net Receivables29.8K40.6K40.3K51K30K28.5K
Net Tangible Assets(7.4M)(8.2M)44.0K2.2M2.0M2.1M
Short Long Term Debt2.9M2.9M1.8M1.8M2.1M2.4M
Net Invested Capital(4.5M)(5.3M)1.9M9.3M10.7M11.2M
Net Working Capital(7.3M)(8.1M)(6.7M)(504K)(579.6K)(608.6K)
Capital Stock84.2K88.5K11.9K17K15.3K14.5K

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