Extreme Non Recurring vs Interest Income Analysis

EXTR Stock  USD 17.32  0.06  0.35%   
Extreme Networks financial indicator trend analysis is much more than just examining Extreme Networks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Extreme Networks is a good investment. Please check the relationship between Extreme Networks Non Recurring and its Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.

Non Recurring vs Interest Income

Non Recurring vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Extreme Networks Non Recurring account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Extreme Networks' Non Recurring and Interest Income is -0.1. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Interest Income in the same time period over historical financial statements of Extreme Networks, assuming nothing else is changed. The correlation between historical values of Extreme Networks' Non Recurring and Interest 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 Non Recurring of Extreme Networks are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Non Recurring i.e., Extreme Networks' Non Recurring and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Recurring

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Extreme Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Extreme Networks 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.At this time, Extreme Networks' Selling General Administrative is relatively stable compared to the past year. As of 01/18/2025, Issuance Of Capital Stock is likely to grow to about 6.6 M, while Tax Provision is likely to drop slightly above 6.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit754.7M630.8M725.5M761.7M
Total Revenue1.3B1.1B1.3B1.3B

Extreme Networks fundamental ratios Correlations

0.840.830.89-0.370.950.69-0.760.840.910.890.930.860.690.850.880.580.770.750.90.60.970.64-0.540.830.8
0.840.620.68-0.40.90.87-0.690.620.840.790.720.830.540.660.830.290.670.60.770.430.750.72-0.360.620.58
0.830.620.92-0.480.840.64-0.740.750.740.860.890.720.740.740.870.720.670.630.90.690.870.33-0.720.840.83
0.890.680.92-0.470.830.62-0.740.730.780.970.940.810.580.80.940.810.850.650.980.810.880.6-0.60.970.97
-0.37-0.4-0.48-0.47-0.45-0.650.09-0.06-0.27-0.55-0.52-0.190.05-0.05-0.64-0.48-0.470.1-0.57-0.61-0.23-0.060.61-0.56-0.56
0.950.90.840.83-0.450.82-0.760.760.850.880.90.810.670.790.90.550.690.710.880.60.90.55-0.530.770.74
0.690.870.640.62-0.650.82-0.510.450.60.760.630.570.440.430.820.350.590.360.740.480.580.48-0.460.580.56
-0.76-0.69-0.74-0.740.09-0.76-0.51-0.62-0.77-0.71-0.73-0.79-0.65-0.94-0.68-0.5-0.55-0.94-0.72-0.47-0.8-0.530.5-0.6-0.63
0.840.620.750.73-0.060.760.45-0.620.80.670.750.740.880.70.640.330.60.620.690.270.890.53-0.490.640.57
0.910.840.740.78-0.270.850.6-0.770.80.770.830.960.70.80.790.340.710.730.790.390.920.7-0.520.690.66
0.890.790.860.97-0.550.880.76-0.710.670.770.920.810.490.750.980.770.870.610.990.830.840.66-0.540.960.95
0.930.720.890.94-0.520.90.63-0.730.750.830.920.790.570.790.910.740.770.650.940.760.910.52-0.650.920.89
0.860.830.720.81-0.190.810.57-0.790.740.960.810.790.640.820.80.410.730.740.820.460.880.78-0.370.730.7
0.690.540.740.580.050.670.44-0.650.880.70.490.570.640.640.50.160.410.630.540.090.790.33-0.480.410.36
0.850.660.740.8-0.050.790.43-0.940.70.80.750.790.820.640.70.590.620.970.760.550.880.58-0.450.690.71
0.880.830.870.94-0.640.90.82-0.680.640.790.980.910.80.50.70.720.840.560.990.80.820.6-0.580.930.91
0.580.290.720.81-0.480.550.35-0.50.330.340.770.740.410.160.590.720.570.450.780.950.560.21-0.430.860.89
0.770.670.670.85-0.470.690.59-0.550.60.710.870.770.730.410.620.840.570.460.860.690.720.75-0.480.850.84
0.750.60.630.650.10.710.36-0.940.620.730.610.650.740.630.970.560.450.460.610.40.80.5-0.360.510.55
0.90.770.90.98-0.570.880.74-0.720.690.790.990.940.820.540.760.990.780.860.610.820.860.61-0.60.960.95
0.60.430.690.81-0.610.60.48-0.470.270.390.830.760.460.090.550.80.950.690.40.820.540.31-0.390.880.9
0.970.750.870.88-0.230.90.58-0.80.890.920.840.910.880.790.880.820.560.720.80.860.540.59-0.540.80.77
0.640.720.330.6-0.060.550.48-0.530.530.70.660.520.780.330.580.60.210.750.50.610.310.59-0.050.550.56
-0.54-0.36-0.72-0.60.61-0.53-0.460.5-0.49-0.52-0.54-0.65-0.37-0.48-0.45-0.58-0.43-0.48-0.36-0.6-0.39-0.54-0.05-0.55-0.55
0.830.620.840.97-0.560.770.58-0.60.640.690.960.920.730.410.690.930.860.850.510.960.880.80.55-0.550.98
0.80.580.830.97-0.560.740.56-0.630.570.660.950.890.70.360.710.910.890.840.550.950.90.770.56-0.550.98
Click cells to compare fundamentals

Extreme Networks Account Relationship Matchups

Extreme Networks fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.0B1.1B1.1B1.0B1.2B623.2M
Short Long Term Debt Total390.8M351.1M264.6M239.6M275.5M191.0M
Other Current Liab121.9M116.3M137.3M129.6M149.1M156.5M
Total Current Liabilities455.7M500.2M575.5M517.6M595.2M625.0M
Total Stockholder Equity54.5M90.3M116.8M25.3M22.8M21.6M
Property Plant And Equipment Net91.9M86.0M81.2M87.9M101.1M59.3M
Net Debt144.0M156.6M29.8M82.9M95.3M100.1M
Retained Earnings(978.3M)(934.1M)(856.0M)(942.0M)(847.8M)(890.2M)
Accounts Payable60.1M84.3M99.7M51.4M59.1M39.1M
Cash246.9M194.5M234.8M156.7M180.2M116.8M
Non Current Assets Total522.5M579.4M565.5M575.7M662.0M695.1M
Non Currrent Assets Other63.4M53.0M73.5M83.5M75.1M57.4M
Cash And Short Term Investments246.9M194.5M234.8M156.7M180.2M171.6M
Net Receivables156.5M184.1M182.0M89.5M102.9M88.7M
Common Stock Shares Outstanding127.7M133.5M133.6M129.3M148.7M115.2M
Liabilities And Stockholders Equity1.0B1.1B1.1B1.0B1.2B623.2M
Non Current Liabilities Total499.9M478.0M449.5M499.7M574.7M603.4M
Inventory32.9M49.2M89.0M141.0M162.2M170.3M
Other Current Assets102.7M121.2M70.3M79.7M91.6M96.2M
Other Stockholder Equity1.0B1.0B985.8M982.6M1.1B829.2M
Total Liab955.6M978.2M1.0B1.0B1.2B1.2B
Property Plant And Equipment Gross91.9M86.0M81.2M238.1M273.8M287.5M
Total Current Assets487.6M489.1M576.2M466.9M537.0M340.7M
Accumulated Other Comprehensive Income(2.8M)(3.1M)(13.2M)(15.5M)(13.9M)(13.2M)
Short Term Debt61.2M61.3M56.0M30.4M35.0M37.7M
Other Liab131.0M151.5M174.2M230.0M264.5M277.7M
Current Deferred Revenue212.4M238.3M282.5M306.1M352.0M369.6M
Other Assets55.2M63.4M60.7M73.5M66.2M69.5M
Common Stock Total Equity127K133K140K144K129.6K123.1K
Intangible Assets36.0M32.5M16.1M10.6M9.6M9.1M
Common Stock133K140K144K149K134.1K127.4K
Property Plant Equipment110.1M91.9M86.0M46.4M53.4M60.1M
Long Term Debt315.9M270.6M187.6M178.3M205.0M179.3M
Net Tangible Assets(394.2M)(312.7M)(342.3M)(262.2M)(236.0M)(224.2M)

Pair Trading with Extreme Networks

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 Extreme Networks 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 Extreme Networks will appreciate offsetting losses from the drop in the long position's value.

Moving together with Extreme Stock

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Moving against Extreme Stock

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  0.4FN FabrinetPairCorr
  0.39VSAT ViaSat IncPairCorr
The ability to find closely correlated positions to Extreme Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extreme Networks 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 Extreme Networks - 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 Extreme Networks to buy it.
The correlation of Extreme Networks 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 Extreme Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extreme Networks 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 Extreme Networks 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 Extreme Stock Analysis

When running Extreme Networks' price analysis, check to measure Extreme Networks' 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 Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.