Cognyte Total Revenue vs Research Development Analysis

CGNT Stock

USD 8.13 0.67 8.98%

Cognyte Software financial indicator trend analysis is way more than just evaluating Cognyte Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cognyte Software is a good investment. Please check the relationship between Cognyte Software Total Revenue and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognyte Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Cognyte Stock please use our How to Invest in Cognyte Software guide.

Total Revenue vs Research Development

Total Revenue vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cognyte Software Total Revenue account and Research Development. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Cognyte Software's Total Revenue and Research Development is 0.96. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of Cognyte Software, assuming nothing else is changed. The correlation between historical values of Cognyte Software's Total Revenue and Research Development 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 Cognyte Software are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Total Revenue i.e., Cognyte Software's Total Revenue and Research Development go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts Cognyte Software 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.

Research Development

Most indicators from Cognyte Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cognyte Software 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 Cognyte Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Cognyte Stock please use our How to Invest in Cognyte Software guide.Selling General Administrative is likely to drop to about 119.5 M in 2024. Tax Provision is likely to gain to about (1.5 M) in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	341.6M	192.1M	215.4M	204.6M
Total Revenue	474.0M	312.1M	313.4M	297.7M

Gross Profit Total Revenue

Cognyte Software fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Investments	Short Term Debt	Current Deferred Revenue	Good Will
Total Assets		-0.22	-0.2	-0.18	-0.2	0.91	-0.23	0.22	-0.21	0.91	0.98	0.5	0.91	0.99	0.64	-0.22	0.73	0.55	-0.22	-0.21	0.99	0.91	0.3	0.51	0.97	0.97
Short Long Term Debt Total	-0.22		1.0	1.0	1.0	-0.23	1.0	-1.0	1.0	-0.19	-0.2	-0.3	-0.2	-0.23	-0.39	1.0	-0.23	-0.18	1.0	1.0	-0.23	0.12	-0.02	-0.14	-0.24	-0.24
Other Current Liab	-0.2	1.0		1.0	1.0	-0.22	1.0	-1.0	1.0	-0.18	-0.18	-0.29	-0.18	-0.21	-0.38	1.0	-0.22	-0.17	1.0	1.0	-0.21	0.14	-0.01	-0.13	-0.22	-0.23
Total Current Liabilities	-0.18	1.0	1.0		1.0	-0.19	1.0	-1.0	1.0	-0.15	-0.15	-0.28	-0.16	-0.19	-0.37	1.0	-0.2	-0.16	1.0	1.0	-0.18	0.16	0.0	-0.11	-0.19	-0.2
Total Stockholder Equity	-0.2	1.0	1.0	1.0		-0.22	1.0	-1.0	1.0	-0.17	-0.18	-0.28	-0.17	-0.21	-0.38	1.0	-0.22	-0.18	1.0	1.0	-0.2	0.15	0.0	-0.13	-0.21	-0.22
Property Plant And Equipment Net	0.91	-0.23	-0.22	-0.19	-0.22		-0.24	0.24	-0.22	0.69	0.97	0.32	0.67	0.92	0.62	-0.23	0.81	0.77	-0.23	-0.22	0.85	0.82	-0.07	0.48	0.9	0.96
Net Debt	-0.23	1.0	1.0	1.0	1.0	-0.24		-1.0	1.0	-0.2	-0.21	-0.3	-0.21	-0.24	-0.4	1.0	-0.24	-0.19	1.0	1.0	-0.24	0.11	-0.02	-0.14	-0.25	-0.25
Retained Earnings	0.22	-1.0	-1.0	-1.0	-1.0	0.24	-1.0		-1.0	0.2	0.2	0.3	0.2	0.23	0.39	-1.0	0.23	0.19	-1.0	-1.0	0.23	-0.12	0.02	0.14	0.24	0.25
Accounts Payable	-0.21	1.0	1.0	1.0	1.0	-0.22	1.0	-1.0		-0.18	-0.19	-0.29	-0.18	-0.22	-0.38	1.0	-0.22	-0.18	1.0	1.0	-0.21	0.14	-0.01	-0.13	-0.22	-0.23
Cash	0.91	-0.19	-0.18	-0.15	-0.17	0.69	-0.2	0.2	-0.18		0.81	0.56	1.0	0.87	0.51	-0.19	0.5	0.19	-0.19	-0.18	0.95	0.84	0.46	0.45	0.85	0.81
Non Current Assets Total	0.98	-0.2	-0.18	-0.15	-0.18	0.97	-0.21	0.2	-0.19	0.81		0.44	0.8	0.98	0.66	-0.2	0.8	0.69	-0.2	-0.18	0.94	0.9	0.15	0.52	0.96	0.99
Non Currrent Assets Other	0.5	-0.3	-0.29	-0.28	-0.28	0.32	-0.3	0.3	-0.29	0.56	0.44		0.58	0.46	0.6	-0.3	0.15	-0.01	-0.3	-0.29	0.52	0.28	0.41	0.35	0.44	0.38
Cash And Short Term Investments	0.91	-0.2	-0.18	-0.16	-0.17	0.67	-0.21	0.2	-0.18	1.0	0.8	0.58		0.86	0.52	-0.2	0.5	0.18	-0.2	-0.19	0.95	0.83	0.52	0.44	0.85	0.8
Net Receivables	0.99	-0.23	-0.21	-0.19	-0.21	0.92	-0.24	0.23	-0.22	0.87	0.98	0.46	0.86		0.62	-0.23	0.72	0.61	-0.23	-0.22	0.97	0.88	0.29	0.6	0.96	0.99
Common Stock Shares Outstanding	0.64	-0.39	-0.38	-0.37	-0.38	0.62	-0.4	0.39	-0.38	0.51	0.66	0.6	0.52	0.62		-0.39	0.7	0.51	-0.39	-0.38	0.61	0.48	0.13	0.34	0.59	0.64
Non Current Liabilities Total	-0.22	1.0	1.0	1.0	1.0	-0.23	1.0	-1.0	1.0	-0.19	-0.2	-0.3	-0.2	-0.23	-0.39		-0.23	-0.18	1.0	1.0	-0.23	0.12	-0.02	-0.14	-0.24	-0.24
Inventory	0.73	-0.23	-0.22	-0.2	-0.22	0.81	-0.24	0.23	-0.22	0.5	0.8	0.15	0.5	0.72	0.7	-0.23		0.79	-0.23	-0.22	0.68	0.74	-0.02	0.19	0.73	0.81
Other Current Assets	0.55	-0.18	-0.17	-0.16	-0.18	0.77	-0.19	0.19	-0.18	0.19	0.69	-0.01	0.18	0.61	0.51	-0.18	0.79		-0.18	-0.18	0.45	0.48	-0.3	0.41	0.57	0.7
Other Stockholder Equity	-0.22	1.0	1.0	1.0	1.0	-0.23	1.0	-1.0	1.0	-0.19	-0.2	-0.3	-0.2	-0.23	-0.39	1.0	-0.23	-0.18		1.0	-0.23	0.12	-0.02	-0.14	-0.24	-0.24
Total Liab	-0.21	1.0	1.0	1.0	1.0	-0.22	1.0	-1.0	1.0	-0.18	-0.18	-0.29	-0.19	-0.22	-0.38	1.0	-0.22	-0.18	1.0		-0.21	0.14	-0.01	-0.13	-0.22	-0.23
Total Current Assets	0.99	-0.23	-0.21	-0.18	-0.2	0.85	-0.24	0.23	-0.21	0.95	0.94	0.52	0.95	0.97	0.61	-0.23	0.68	0.45	-0.23	-0.21		0.9	0.38	0.5	0.96	0.95
Common Stock	0.91	0.12	0.14	0.16	0.15	0.82	0.11	-0.12	0.14	0.84	0.9	0.28	0.83	0.88	0.48	0.12	0.74	0.48	0.12	0.14	0.9		0.26	0.29	0.9	0.88
Short Term Investments	0.3	-0.02	-0.01	0.0	0.0	-0.07	-0.02	0.02	-0.01	0.46	0.15	0.41	0.52	0.29	0.13	-0.02	-0.02	-0.3	-0.02	-0.01	0.38	0.26		0.15	0.31	0.19
Short Term Debt	0.51	-0.14	-0.13	-0.11	-0.13	0.48	-0.14	0.14	-0.13	0.45	0.52	0.35	0.44	0.6	0.34	-0.14	0.19	0.41	-0.14	-0.13	0.5	0.29	0.15		0.39	0.55
Current Deferred Revenue	0.97	-0.24	-0.22	-0.19	-0.21	0.9	-0.25	0.24	-0.22	0.85	0.96	0.44	0.85	0.96	0.59	-0.24	0.73	0.57	-0.24	-0.22	0.96	0.9	0.31	0.39		0.96
Good Will	0.97	-0.24	-0.23	-0.2	-0.22	0.96	-0.25	0.25	-0.23	0.81	0.99	0.38	0.8	0.99	0.64	-0.24	0.81	0.7	-0.24	-0.23	0.95	0.88	0.19	0.55	0.96

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Cognyte Software Account Relationship Matchups

Cognyte Software fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	805.1M	628.8M	664.6M	443.1M	472.1M	495.7M
Short Long Term Debt Total	40.0M	24.1M	117.2M	17.0M	33.4M	31.7M
Other Current Liab	79.9M	77.8M	82.8M	59.6M	58.5M	55.6M
Total Current Liabilities	280.1M	299.0M	319.6M	193.9M	190.5M	180.9M
Total Stockholder Equity	444.5M	257.5M	285.1M	194.1M	197.9M	188.0M
Property Plant And Equipment Net	75.7M	69.7M	55.9M	43.4M	58.2M	61.1M
Net Debt	(161.0M)	(54.4M)	(35.4M)	(17.6M)	(41.1M)	(39.1M)
Accounts Payable	43.4M	41.6M	36.7M	20.7M	20.9M	19.8M
Cash	201.1M	78.6M	152.6M	34.6M	74.5M	78.2M
Non Current Assets Total	292.9M	278.6M	244.5M	191.4M	207.1M	217.5M
Non Currrent Assets Other	35.6M	27.0M	23.2M	12.9M	3.4M	5.1M
Cash And Short Term Investments	207.7M	83.3M	163.0M	52.1M	74.5M	78.2M
Net Receivables	211.3M	196.7M	212.6M	137.7M	122.1M	128.2M
Common Stock Shares Outstanding	65.4M	65.8M	66.6M	67.9M	70.1M	66.6M
Liabilities And Stockholders Equity	805.1M	628.8M	664.6M	443.1M	472.1M	448.5M
Non Current Liabilities Total	69.9M	59.4M	45.9M	39.4M	66.9M	63.5M
Inventory	14.9M	14.5M	14.4M	25.3M	24.6M	25.8M
Other Current Assets	3.5M	55.7M	30.1M	36.7M	43.8M	46.0M
Other Stockholder Equity	93.7M	78.6M	316.7M	338.5M	355.1M	337.3M
Total Liab	349.9M	358.4M	365.5M	233.3M	257.3M	244.5M
Total Current Assets	512.2M	350.2M	420.1M	251.7M	265.0M	278.2M
Accumulated Other Comprehensive Income	(13.9M)	(15.5M)	(16.7M)	(15.3M)	(12.6M)	(13.3M)
Short Term Investments	6.6M	4.7M	10.4M	17.5M	(7.1M)	(6.7M)
Short Term Debt	13.1M	45.9M	107.4M	6.6M	5.4M	5.1M
Current Deferred Revenue	143.7M	127.0M	83.2M	94.9M	93.8M	63.2M
Good Will	158.1M	158.2M	158.2M	126.5M	126.6M	125.5M
Intangible Assets	19.5M	5.3M	3.2M	650K	8.6M	7.1M
Other Liab	42.9M	35.3M	28.7M	29.1M	26.2M	31.6M
Net Tangible Assets	266.9M	82.7M	109.8M	67.0M	60.3M	57.3M
Other Assets	39.5M	34.1M	13.4M	20.8M	18.7M	23.9M
Capital Lease Obligations	33.0M	31.2M	24.6M	10.4M	33.4M	24.3M
Net Invested Capital	451.6M	296.3M	385.1M	194.1M	197.9M	267.4M
Property Plant And Equipment Gross	75.7M	69.7M	55.9M	43.4M	127.0M	74.5M
Non Current Liabilities Other	5.6M	204K	25K	11.7M	10.5M	11.0M
Net Working Capital	232.1M	51.2M	100.5M	57.9M	74.5M	109.0M

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