Applovin Total Revenue vs Ebit Analysis

APP Stock  USD 336.75  8.19  2.49%   
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 Total Revenue and its Ebit 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.

Total Revenue vs Ebit

Total Revenue vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applovin Corp Total Revenue account and Ebit. At this time, the significance of the direction appears to have weak relationship.
The correlation between Applovin Corp's Total Revenue and Ebit is 0.34. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit 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 Total Revenue and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Applovin Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Revenue i.e., Applovin Corp's Total Revenue and Ebit go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts Applovin Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Ebit

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 11/29/2024, 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 Profit1.8B1.6B2.2B1.6B
Total Revenue2.8B2.8B3.3B2.5B

Applovin Corp fundamental ratios Correlations

0.710.64-0.660.290.520.390.450.420.450.480.550.70.480.490.40.610.810.510.310.470.330.480.310.330.34
0.710.92-0.60.370.960.840.940.520.830.770.950.980.880.90.80.990.950.950.550.920.870.880.550.860.88
0.640.92-0.340.230.930.770.880.790.950.950.960.950.960.960.940.90.90.890.820.920.80.950.820.840.9
-0.66-0.6-0.34-0.11-0.48-0.56-0.510.22-0.29-0.1-0.46-0.58-0.34-0.38-0.22-0.57-0.62-0.550.05-0.5-0.52-0.360.05-0.48-0.29
0.290.370.23-0.110.290.330.290.130.030.110.310.180.130.160.050.340.210.27-0.10.140.220.13-0.10.150.24
0.520.960.93-0.480.290.90.990.550.910.820.980.960.950.960.890.980.880.990.640.980.960.950.640.960.97
0.390.840.77-0.560.330.90.920.360.810.680.890.820.870.890.810.90.760.940.550.930.940.880.550.940.86
0.450.940.88-0.510.290.990.920.450.880.760.970.930.920.930.860.970.830.990.570.970.980.920.570.980.97
0.420.520.790.220.130.550.360.450.730.90.610.580.720.680.760.50.580.470.90.550.340.70.90.420.6
0.450.830.95-0.290.030.910.810.880.730.950.940.90.990.980.990.840.810.890.890.950.850.990.890.90.92
0.480.770.95-0.10.110.820.680.760.90.950.870.830.940.920.960.760.770.780.950.840.70.930.950.760.85
0.550.950.96-0.460.310.980.890.970.610.940.870.950.960.970.920.950.860.970.710.970.930.960.710.940.96
0.70.980.95-0.580.180.960.820.930.580.90.830.950.930.940.870.970.960.950.650.950.870.930.650.880.89
0.480.880.96-0.340.130.950.870.920.720.990.940.960.931.00.990.910.850.930.850.970.891.00.850.930.95
0.490.90.96-0.380.160.960.890.930.680.980.920.970.941.00.980.920.860.950.820.980.911.00.820.940.95
0.40.80.94-0.220.050.890.810.860.760.990.960.920.870.990.980.830.780.870.910.940.840.990.910.890.92
0.610.990.9-0.570.340.980.90.970.50.840.760.950.970.910.920.830.930.980.560.950.920.910.560.910.91
0.810.950.9-0.620.210.880.760.830.580.810.770.860.960.850.860.780.930.880.60.860.750.850.60.760.76
0.510.950.89-0.550.270.990.940.990.470.890.780.970.950.930.950.870.980.880.60.980.970.940.60.970.95
0.310.550.820.05-0.10.640.550.570.90.890.950.710.650.850.820.910.560.60.60.720.540.841.00.630.7
0.470.920.92-0.50.140.980.930.970.550.950.840.970.950.970.980.940.950.860.980.720.960.980.720.980.95
0.330.870.8-0.520.220.960.940.980.340.850.70.930.870.890.910.840.920.750.970.540.960.890.540.990.95
0.480.880.95-0.360.130.950.880.920.70.990.930.960.931.01.00.990.910.850.940.840.980.890.840.930.94
0.310.550.820.05-0.10.640.550.570.90.890.950.710.650.850.820.910.560.60.61.00.720.540.840.630.7
0.330.860.84-0.480.150.960.940.980.420.90.760.940.880.930.940.890.910.760.970.630.980.990.930.630.96
0.340.880.9-0.290.240.970.860.970.60.920.850.960.890.950.950.920.910.760.950.70.950.950.940.70.96
Click cells to compare fundamentals

Applovin Corp Account Relationship Matchups

Applovin Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab145.4M283.5M169.6M89.8M123.4M156.5M
Total Current Liabilities238.9M598.1M640.1M579.0M944.1M570.9M
Other Liab29.0M47.6M120.9M79.8M91.8M62.2M
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 Payable70.5M147.3M258.2M273.2M371.7M216.4M
Other Assets15.4M42.6M118.2M268.4M308.7M324.1M
Net Receivables161.3M297.0M514.5M702.8M953.8M504.5M
Other Current Assets28.6M44.5M1.2B155.8M160.2M291.7M
Other Stockholder Equity235.2M453.7M3.2B3.2B2.1B1.7B
Total Current Assets586.2M663.0M3.2B1.9B1.6B1.5B
Property Plant Equipment22.8M112.9M134.6M138.9M159.8M91.9M

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

  0.88DJCO Daily Journal CorpPairCorr
  0.86AI C3 Ai Inc Earnings Call This WeekPairCorr
  0.86BL BlacklinePairCorr

Moving against Applovin Stock

  0.66VTEX VTEXPairCorr
  0.64VERB VERB TECHNOLOGY PANYPairCorr
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 CorrelationCorrelation 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.