Apptech Non Currrent Assets Other vs Total Assets 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 Non Currrent Assets Other and its Total Assets 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.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apptech Corp Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Apptech Corp's Non Currrent Assets Other and Total Assets is 0.83. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets 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 Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Apptech Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Apptech Corp's Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Assets
Total assets refers to the total amount of Apptech Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Apptech Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.