A10 Asset Turnover vs Gross Profit Margin Analysis

ATEN Stock  USD 20.55  0.28  1.34%   
A10 Network financial indicator trend analysis is way more than just evaluating A10 Network prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether A10 Network is a good investment. Please check the relationship between A10 Network Asset Turnover and its Gross Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in A10 Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in A10 Stock, please use our How to Invest in A10 Network guide.

Asset Turnover vs Gross Profit Margin

Asset Turnover vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of A10 Network Asset Turnover account and Gross Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between A10 Network's Asset Turnover and Gross Profit Margin is -0.04. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of A10 Network, assuming nothing else is changed. The correlation between historical values of A10 Network's Asset Turnover and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of A10 Network are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Asset Turnover i.e., A10 Network's Asset Turnover and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Gross Profit Margin

Most indicators from A10 Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into A10 Network 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 A10 Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in A10 Stock, please use our How to Invest in A10 Network guide.At this time, A10 Network's Tax Provision is very stable compared to the past year. As of the 7th of February 2025, Enterprise Value Over EBITDA is likely to grow to 17.66, while Selling General Administrative is likely to drop about 23.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit223.5M203.7M210.3M178.8M
Total Revenue280.3M251.7M261.7M229.0M

A10 Network fundamental ratios Correlations

0.790.5-0.56-0.170.780.740.520.84-0.42-0.330.160.520.570.470.560.830.730.760.660.610.720.420.570.83-0.12
0.790.57-0.570.180.920.960.780.97-0.590.03-0.050.750.850.560.830.950.910.90.870.850.770.730.830.98-0.39
0.50.57-0.190.10.540.620.780.49-0.160.31-0.310.430.680.350.750.460.440.740.580.730.420.560.690.490.28
-0.56-0.57-0.190.46-0.71-0.44-0.36-0.610.51-0.02-0.05-0.49-0.51-0.25-0.41-0.53-0.74-0.43-0.62-0.4-0.67-0.02-0.48-0.59-0.09
-0.170.180.10.46-0.010.310.350.080.150.45-0.37-0.040.350.170.370.07-0.010.2-0.010.31-0.150.740.350.07-0.53
0.780.920.54-0.71-0.010.840.810.92-0.70.050.040.750.860.450.830.910.90.780.850.880.770.530.840.94-0.32
0.740.960.62-0.440.310.840.760.9-0.410.06-0.10.60.840.670.870.90.790.90.780.830.680.810.810.91-0.36
0.520.780.78-0.360.350.810.760.71-0.50.48-0.260.640.950.310.930.670.690.770.730.970.510.740.950.71-0.2
0.840.970.49-0.610.080.920.90.71-0.57-0.110.090.70.760.430.720.960.920.850.810.790.770.630.740.98-0.36
-0.42-0.59-0.160.510.15-0.7-0.41-0.5-0.570.0-0.03-0.92-0.46-0.1-0.45-0.63-0.65-0.32-0.66-0.56-0.59-0.12-0.46-0.650.49
-0.330.030.31-0.020.450.050.060.48-0.110.0-0.380.10.44-0.120.42-0.220.040.040.110.34-0.270.30.43-0.140.13
0.16-0.05-0.31-0.05-0.370.04-0.1-0.260.09-0.03-0.38-0.09-0.23-0.16-0.250.09-0.01-0.2-0.12-0.13-0.33-0.36-0.270.050.01
0.520.750.43-0.49-0.040.750.60.640.7-0.920.1-0.090.590.20.60.720.750.560.820.680.660.360.60.76-0.38
0.570.850.68-0.510.350.860.840.950.76-0.460.44-0.230.590.50.960.720.740.830.780.930.560.780.990.76-0.24
0.470.560.35-0.250.170.450.670.310.43-0.1-0.12-0.160.20.50.560.510.380.590.380.370.430.50.470.5-0.21
0.560.830.75-0.410.370.830.870.930.72-0.450.42-0.250.60.960.560.720.690.790.730.950.540.760.940.75-0.24
0.830.950.46-0.530.070.910.90.670.96-0.63-0.220.090.720.720.510.720.850.810.80.790.790.60.70.99-0.48
0.730.910.44-0.74-0.010.90.790.690.92-0.650.04-0.010.750.740.380.690.850.740.790.740.780.50.720.91-0.29
0.760.90.74-0.430.20.780.90.770.85-0.320.04-0.20.560.830.590.790.810.740.840.760.70.810.850.84-0.13
0.660.870.58-0.62-0.010.850.780.730.81-0.660.11-0.120.820.780.380.730.80.790.840.730.730.570.810.84-0.2
0.610.850.73-0.40.310.880.830.970.79-0.560.34-0.130.680.930.370.950.790.740.760.730.560.710.90.8-0.3
0.720.770.42-0.67-0.150.770.680.510.77-0.59-0.27-0.330.660.560.430.540.790.780.70.730.560.390.570.81-0.24
0.420.730.56-0.020.740.530.810.740.63-0.120.3-0.360.360.780.50.760.60.50.810.570.710.390.790.61-0.41
0.570.830.69-0.480.350.840.810.950.74-0.460.43-0.270.60.990.470.940.70.720.850.810.90.570.790.74-0.23
0.830.980.49-0.590.070.940.910.710.98-0.65-0.140.050.760.760.50.750.990.910.840.840.80.810.610.74-0.44
-0.12-0.390.28-0.09-0.53-0.32-0.36-0.2-0.360.490.130.01-0.38-0.24-0.21-0.24-0.48-0.29-0.13-0.2-0.3-0.24-0.41-0.23-0.44
Click cells to compare fundamentals

A10 Network Account Relationship Matchups

A10 Network fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding80.0M80.0M77.8M75.6M75.3M68.9M
Total Assets290.8M393.1M369.1M389.8M448.3M269.3M
Short Long Term Debt Total23.5M19.3M16.8M16.8M19.3M16.8M
Other Current Liab97.7M32.1M32.4M15.0M13.5M12.8M
Total Current Liabilities107.8M116.1M118.2M111.1M127.7M109.1M
Total Stockholder Equity116.0M208.9M181.0M207.9M239.1M251.0M
Other Liab39.6M42.7M68.1M53.0M60.9M38.6M
Property Plant And Equipment Net36.1M33.6M40.9M46.3M53.2M55.8M
Current Deferred Revenue66.0M73.1M74.3M82.7M95.1M61.8M
Net Debt(59.8M)(59.6M)(51.1M)(80.4M)(72.4M)(76.0M)
Retained Earnings(272.2M)(181.2M)(150.3M)(90.5M)(81.4M)(85.5M)
Accounts Payable4.9M6.9M6.7M7.0M6.3M7.8M
Cash83.3M78.9M68.0M97.2M111.8M66.9M
Non Current Assets Total48.5M109.1M112.1M118.0M135.7M142.5M
Non Currrent Assets Other10.2M74.2M69.9M7.7M8.9M8.4M
Other Assets8.8M38.5M97.1M69.9M80.3M84.4M
Cash And Short Term Investments158.1M185.0M151.0M159.3M183.2M127.8M
Net Receivables51.1M61.8M72.9M74.3M85.5M59.8M
Liabilities And Stockholders Equity290.8M393.1M369.1M389.8M448.3M269.3M
Non Current Liabilities Total67.1M68.1M69.8M70.9M81.5M50.0M
Inventory20.7M22.5M19.7M23.5M27.1M21.0M
Other Current Assets12.4M14.7M13.4M14.7M16.9M17.7M
Other Stockholder Equity388.1M386.5M312.2M336.0M386.5M296.3M
Total Liab174.8M184.2M188.1M181.9M209.2M159.1M
Property Plant And Equipment Gross36.1M57.7M63.7M70.3M80.9M84.9M
Total Current Assets242.3M284.0M257.0M271.8M312.6M218.3M
Accumulated Other Comprehensive Income98K(229K)(726K)(37.7M)(43.3M)(45.5M)
Short Term Debt5.3M4.0M4.8M5.3M4.8M5.7M
Property Plant Equipment7.7M7.9M10.7M40.9M47.1M49.4M
Net Tangible Assets105.2M113.8M207.6M179.7M206.7M217.0M
Retained Earnings Total Equity(272.2M)(290.1M)(272.2M)(181.2M)(163.1M)(171.3M)
Short Term Investments74.9M106.1M83.0M62.1M71.4M73.1M
Capital Surpluse376.3M398.6M425.5M446.0M512.9M400.3M
Deferred Long Term Liab3.3M3.7M4.5M4.3M3.9M3.7M
Non Current Liabilities Other67.1M19.6M17.2M365K419.8K398.8K
Net Invested Capital116.0M208.9M181.0M207.9M239.1M161.0M
Net Working Capital134.5M167.9M138.7M160.8M184.9M149.9M

Pair Trading with A10 Network

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 A10 Network 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 A10 Network will appreciate offsetting losses from the drop in the long position's value.

Moving together with A10 Stock

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  0.66GB Global Blue GroupPairCorr

Moving against A10 Stock

  0.8VRNS Varonis SystemsPairCorr
  0.72DTSS DataseaPairCorr
  0.66S SentinelOnePairCorr
  0.51MQ MarqetaPairCorr
  0.37EVCM EverCommercePairCorr
The ability to find closely correlated positions to A10 Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A10 Network 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 A10 Network - 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 A10 Network to buy it.
The correlation of A10 Network 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 A10 Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if A10 Network 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 A10 Network 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
When determining whether A10 Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of A10 Network's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of A10 Network Stock. Outlined below are crucial reports that will aid in making a well-informed decision on A10 Network Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in A10 Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in A10 Stock, please use our How to Invest in A10 Network guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of A10 Network. If investors know A10 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about A10 Network listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.958
Earnings Share
0.67
Revenue Per Share
3.475
Quarterly Revenue Growth
0.155
Return On Assets
0.0693
The market value of A10 Network is measured differently than its book value, which is the value of A10 that is recorded on the company's balance sheet. Investors also form their own opinion of A10 Network's value that differs from its market value or its book value, called intrinsic value, which is A10 Network's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because A10 Network's market value can be influenced by many factors that don't directly affect A10 Network's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between A10 Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if A10 Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A10 Network's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.