Apptech Net Income Per Share vs Pb 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 Net Income Per Share and its Pb 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.
Net Income Per Share vs Pb Ratio
Net Income Per Share vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apptech Corp Net Income Per Share account and Pb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Apptech Corp's Net Income Per Share and Pb Ratio is -0.54. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Pb 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 Net Income Per Share and Pb 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 Net Income Per Share of Apptech Corp are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Net Income Per Share i.e., Apptech Corp's Net Income Per Share and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income Per Share
Pb Ratio
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
Click cells to compare fundamentals
Apptech Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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 Apptech Stock Analysis
When running Apptech Corp's price analysis, check to measure Apptech Corp'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 Apptech Corp is operating at the current time. Most of Apptech Corp's value examination focuses on studying past and present price action to predict the probability of Apptech Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apptech Corp's price. Additionally, you may evaluate how the addition of Apptech Corp to your portfolios can decrease your overall portfolio volatility.