Applovin Net Borrowings vs Net Income Analysis

APP Stock

USD 333.31 15.07 4.74%

Applovin Corp financial indicator trend analysis is way more than just evaluating Applovin Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applovin Corp is a good investment. Please check the relationship between Applovin Corp Net Borrowings and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applovin 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 american community survey.

To learn how to invest in Applovin Stock, please use our How to Invest in Applovin Corp guide.

Net Borrowings vs Net Income

Net Borrowings vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applovin Corp Net Borrowings account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Applovin Corp's Net Borrowings and Net Income is -0.23. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Net Income in the same time period over historical financial statements of Applovin Corp, assuming nothing else is changed. The correlation between historical values of Applovin Corp's Net Borrowings and Net Income 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 Borrowings of Applovin Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Borrowings i.e., Applovin Corp's Net Borrowings and Net Income go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Applovin Corp financial statement analysis. It represents the amount of money remaining after all of Applovin Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Applovin Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applovin 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 Applovin 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 american community survey.

To learn how to invest in Applovin Stock, please use our How to Invest in Applovin Corp guide.At this time, Applovin Corp's Tax Provision is relatively stable compared to the past year. As of 11/24/2024, Enterprise Value is likely to grow to about 23.9 B, while Selling General Administrative is likely to drop slightly above 130 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.8B	1.6B	2.2B	1.6B
Total Revenue	2.8B	2.8B	3.3B	2.5B

Gross Profit Total Revenue

Applovin Corp fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Total Equity
Other Current Liab		0.71	0.64	-0.66	0.29	0.52	0.39	0.45	0.42	0.45	0.48	0.55	0.7	0.48	0.49	0.4	0.61	0.81	0.51	0.31	0.47	0.33	0.48	0.31	0.33	0.34
Total Current Liabilities	0.71		0.92	-0.6	0.37	0.96	0.84	0.94	0.52	0.83	0.77	0.95	0.98	0.88	0.9	0.8	0.99	0.95	0.95	0.55	0.92	0.87	0.88	0.55	0.86	0.88
Other Liab	0.64	0.92		-0.34	0.23	0.93	0.77	0.88	0.79	0.95	0.95	0.96	0.95	0.96	0.96	0.94	0.9	0.9	0.89	0.82	0.92	0.8	0.95	0.82	0.84	0.9
Net Tangible Assets	-0.66	-0.6	-0.34		-0.11	-0.48	-0.56	-0.51	0.22	-0.29	-0.1	-0.46	-0.58	-0.34	-0.38	-0.22	-0.57	-0.62	-0.55	0.05	-0.5	-0.52	-0.36	0.05	-0.48	-0.29
Retained Earnings	0.29	0.37	0.23	-0.11		0.29	0.33	0.29	0.13	0.03	0.11	0.31	0.18	0.13	0.16	0.05	0.34	0.21	0.27	-0.1	0.14	0.23	0.13	-0.1	0.15	0.24
Accounts Payable	0.52	0.96	0.93	-0.48	0.29		0.9	0.99	0.55	0.91	0.82	0.98	0.96	0.95	0.96	0.89	0.98	0.88	0.99	0.64	0.98	0.96	0.95	0.64	0.96	0.97
Other Assets	0.39	0.84	0.77	-0.56	0.33	0.9		0.92	0.36	0.81	0.68	0.89	0.82	0.87	0.89	0.81	0.9	0.76	0.94	0.55	0.93	0.94	0.88	0.55	0.94	0.86
Net Receivables	0.45	0.94	0.88	-0.51	0.29	0.99	0.92		0.45	0.88	0.76	0.97	0.93	0.92	0.93	0.86	0.97	0.83	0.99	0.57	0.97	0.98	0.92	0.57	0.98	0.97
Other Current Assets	0.42	0.52	0.79	0.22	0.13	0.55	0.36	0.45		0.73	0.9	0.61	0.58	0.72	0.68	0.76	0.5	0.58	0.47	0.9	0.55	0.34	0.7	0.9	0.42	0.6
Other Stockholder Equity	0.45	0.83	0.95	-0.29	0.03	0.91	0.81	0.88	0.73		0.95	0.94	0.9	0.99	0.98	0.99	0.84	0.81	0.89	0.89	0.95	0.84	0.99	0.89	0.9	0.92
Total Current Assets	0.48	0.77	0.95	-0.1	0.11	0.82	0.68	0.76	0.9	0.95		0.87	0.83	0.94	0.92	0.96	0.76	0.77	0.78	0.95	0.84	0.69	0.93	0.95	0.76	0.85
Common Stock	0.55	0.95	0.96	-0.46	0.31	0.98	0.89	0.97	0.61	0.94	0.87		0.95	0.96	0.97	0.92	0.95	0.86	0.97	0.71	0.97	0.93	0.96	0.71	0.94	0.96
Property Plant Equipment	0.7	0.98	0.95	-0.58	0.18	0.96	0.82	0.93	0.58	0.9	0.83	0.95		0.93	0.94	0.87	0.97	0.96	0.95	0.65	0.95	0.87	0.93	0.65	0.88	0.89
Total Assets	0.48	0.88	0.96	-0.34	0.13	0.95	0.87	0.92	0.72	0.99	0.94	0.96	0.93		1.0	0.99	0.91	0.85	0.93	0.85	0.97	0.88	1.0	0.85	0.93	0.95
Short Long Term Debt Total	0.49	0.9	0.96	-0.38	0.16	0.96	0.89	0.93	0.68	0.98	0.92	0.97	0.94	1.0		0.98	0.92	0.86	0.95	0.82	0.98	0.9	1.0	0.82	0.94	0.95
Total Stockholder Equity	0.4	0.8	0.94	-0.22	0.05	0.89	0.81	0.86	0.76	0.99	0.96	0.92	0.87	0.99	0.98		0.83	0.78	0.87	0.91	0.94	0.83	0.99	0.91	0.89	0.92
Property Plant And Equipment Net	0.61	0.99	0.9	-0.57	0.34	0.98	0.9	0.97	0.5	0.84	0.76	0.95	0.97	0.91	0.92	0.83		0.93	0.98	0.56	0.95	0.92	0.91	0.56	0.91	0.91
Current Deferred Revenue	0.81	0.95	0.9	-0.62	0.21	0.88	0.76	0.83	0.58	0.81	0.77	0.86	0.96	0.85	0.86	0.78	0.93		0.88	0.6	0.86	0.75	0.85	0.6	0.76	0.76
Net Debt	0.51	0.95	0.89	-0.55	0.27	0.99	0.94	0.99	0.47	0.89	0.78	0.97	0.95	0.93	0.95	0.87	0.98	0.88		0.6	0.98	0.97	0.94	0.6	0.97	0.95
Cash	0.31	0.55	0.82	0.05	-0.1	0.64	0.55	0.57	0.9	0.89	0.95	0.71	0.65	0.85	0.82	0.91	0.56	0.6	0.6		0.72	0.53	0.84	1.0	0.63	0.7
Non Current Assets Total	0.47	0.92	0.92	-0.5	0.14	0.98	0.93	0.97	0.55	0.95	0.84	0.97	0.95	0.97	0.98	0.94	0.95	0.86	0.98	0.72		0.96	0.98	0.72	0.98	0.95
Non Currrent Assets Other	0.33	0.87	0.8	-0.52	0.23	0.96	0.94	0.98	0.34	0.84	0.69	0.93	0.87	0.88	0.9	0.83	0.92	0.75	0.97	0.53	0.96		0.89	0.53	0.99	0.95
Long Term Debt	0.48	0.88	0.95	-0.36	0.13	0.95	0.88	0.92	0.7	0.99	0.93	0.96	0.93	1.0	1.0	0.99	0.91	0.85	0.94	0.84	0.98	0.89		0.84	0.93	0.94
Cash And Short Term Investments	0.31	0.55	0.82	0.05	-0.1	0.64	0.55	0.57	0.9	0.89	0.95	0.71	0.65	0.85	0.82	0.91	0.56	0.6	0.6	1.0	0.72	0.53	0.84		0.63	0.7
Good Will	0.33	0.86	0.84	-0.48	0.15	0.96	0.94	0.98	0.42	0.9	0.76	0.94	0.88	0.93	0.94	0.89	0.91	0.76	0.97	0.63	0.98	0.99	0.93	0.63		0.96
Common Stock Total Equity	0.34	0.88	0.9	-0.29	0.24	0.97	0.86	0.97	0.6	0.92	0.85	0.96	0.89	0.95	0.95	0.92	0.91	0.76	0.95	0.7	0.95	0.95	0.94	0.7	0.96

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Applovin Corp Account Relationship Matchups

Applovin Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	145.4M	283.5M	169.6M	89.8M	123.4M	156.5M
Total Current Liabilities	238.9M	598.1M	640.1M	579.0M	944.1M	570.9M
Other Liab	29.0M	47.6M	120.9M	79.8M	91.8M	62.2M
Net Tangible Assets	(1.2B)	(1.9B)	(537.7M)	(1.6B)	(1.4B)	(1.5B)
Retained Earnings	(887.2M)	(1.0B)	(977.0M)	(1.2B)	(813.0M)	(853.6M)
Accounts Payable	70.5M	147.3M	258.2M	273.2M	371.7M	216.4M
Other Assets	15.4M	42.6M	118.2M	268.4M	308.7M	324.1M
Net Receivables	161.3M	297.0M	514.5M	702.8M	953.8M	504.5M
Other Current Assets	28.6M	44.5M	1.2B	155.8M	160.2M	291.7M
Other Stockholder Equity	235.2M	453.7M	3.2B	3.2B	2.1B	1.7B
Total Current Assets	586.2M	663.0M	3.2B	1.9B	1.6B	1.5B
Property Plant Equipment	22.8M	112.9M	134.6M	138.9M	159.8M	91.9M

Pair Trading with Applovin Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Applovin Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Applovin Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Applovin Stock

0.85	DJCO	Daily Journal Corp	Pair Corr
0.83	AI	C3 Ai Inc Trending	Pair Corr
0.84	BL	Blackline	Pair Corr

Moving against Applovin Stock

0.67	VERB	VERB TECHNOLOGY PANY Trending	Pair Corr
0.64	VTEX	VTEX	Pair Corr
0.43	DMAN	Innovativ Media Group	Pair Corr

The ability to find closely correlated positions to Applovin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applovin Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Applovin Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Applovin Corp to buy it.

The correlation of Applovin Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Applovin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applovin Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Applovin Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Applovin Stock Analysis

When running Applovin Corp's price analysis, check to measure Applovin 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 Applovin Corp is operating at the current time. Most of Applovin Corp's value examination focuses on studying past and present price action to predict the probability of Applovin 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 Applovin Corp's price. Additionally, you may evaluate how the addition of Applovin Corp to your portfolios can decrease your overall portfolio volatility.

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