SAP Total Assets vs Net Invested Capital Analysis

SAP Stock

USD 236.18 0.15 0.06%

S A P financial indicator trend analysis is much more than just breaking down SAP SE ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAP SE ADR is a good investment. Please check the relationship between S A P Total Assets and its Net Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SAP SE ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAP SE ADR Total Assets account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between S A P's Total Assets and Net Invested Capital is 0.83. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of SAP SE ADR, assuming nothing else is changed. The correlation between historical values of S A P's Total Assets and Net Invested Capital 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 Assets of SAP SE ADR are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., S A P's Total Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Assets

Total assets refers to the total amount of S A P assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SAP SE ADR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from S A P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAP SE ADR 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SAP SE ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of 11/22/2024, Selling General Administrative is likely to drop to about 1.1 B. In addition to that, Tax Provision is likely to drop to about 1.5 B

	2021	2022	2023	2024 (projected)
Gross Profit	19.9B	21.9B	22.5B	11.3B
Total Revenue	27.8B	30.9B	31.2B	16.3B

Gross Profit Total Revenue

S A P fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Current Deferred Revenue	Accounts Payable
Total Assets		0.73	0.98	0.82	0.41	0.97	0.87	1.0	0.8	0.88	0.75	0.42	-0.13	0.69	0.91	-0.06	0.77	-0.77	0.83	0.83	0.96	0.57	0.87	0.98	0.98	0.83
Short Long Term Debt Total	0.73		0.6	0.91	0.86	0.59	0.55	0.73	0.25	0.48	0.87	0.53	-0.53	0.19	0.87	-0.14	0.3	-0.58	0.96	0.9	0.59	0.51	0.45	0.76	0.67	0.79
Total Stockholder Equity	0.98	0.6		0.72	0.25	0.99	0.88	0.98	0.88	0.91	0.66	0.37	-0.03	0.76	0.84	-0.02	0.82	-0.76	0.72	0.73	0.97	0.55	0.9	0.95	0.97	0.78
Property Plant And Equipment Net	0.82	0.91	0.72		0.66	0.73	0.67	0.81	0.46	0.63	0.89	0.49	-0.48	0.36	0.86	-0.02	0.5	-0.66	0.96	1.0	0.74	0.49	0.61	0.84	0.82	0.87
Net Debt	0.41	0.86	0.25	0.66		0.25	0.08	0.44	-0.08	0.03	0.7	0.37	-0.41	-0.1	0.66	-0.11	0.0	-0.41	0.72	0.65	0.19	0.31	0.14	0.45	0.35	0.43
Retained Earnings	0.97	0.59	0.99	0.73	0.25		0.87	0.97	0.89	0.91	0.64	0.38	-0.03	0.79	0.85	-0.01	0.83	-0.82	0.72	0.74	0.97	0.57	0.92	0.94	0.97	0.75
Cash	0.87	0.55	0.88	0.67	0.08	0.87		0.83	0.77	0.97	0.54	0.32	-0.1	0.67	0.73	-0.13	0.72	-0.59	0.66	0.68	0.95	0.46	0.78	0.85	0.86	0.78
Non Current Assets Total	1.0	0.73	0.98	0.81	0.44	0.97	0.83		0.8	0.85	0.74	0.42	-0.12	0.67	0.91	-0.06	0.77	-0.78	0.82	0.81	0.94	0.58	0.87	0.98	0.98	0.82
Non Currrent Assets Other	0.8	0.25	0.88	0.46	-0.08	0.89	0.77	0.8		0.85	0.29	0.08	0.27	0.84	0.61	-0.12	0.94	-0.69	0.4	0.47	0.86	0.3	0.91	0.75	0.85	0.52
Cash And Short Term Investments	0.88	0.48	0.91	0.63	0.03	0.91	0.97	0.85	0.85		0.47	0.26	0.0	0.83	0.71	-0.11	0.78	-0.66	0.61	0.63	0.97	0.44	0.83	0.85	0.87	0.71
Net Receivables	0.75	0.87	0.66	0.89	0.7	0.64	0.54	0.74	0.29	0.47		0.64	-0.51	0.18	0.83	0.12	0.27	-0.55	0.92	0.89	0.63	0.63	0.45	0.75	0.7	0.81
Common Stock Total Equity	0.42	0.53	0.37	0.49	0.37	0.38	0.32	0.42	0.08	0.26	0.64		-0.8	0.06	0.45	0.08	0.06	-0.33	0.64	0.5	0.33	0.95	0.27	0.45	0.33	0.65
Common Stock Shares Outstanding	-0.13	-0.53	-0.03	-0.48	-0.41	-0.03	-0.1	-0.12	0.27	0.0	-0.51	-0.8		0.23	-0.21	-0.03	0.2	0.06	-0.58	-0.48	-0.03	-0.58	0.04	-0.19	-0.07	-0.56
Short Term Investments	0.69	0.19	0.76	0.36	-0.1	0.79	0.67	0.67	0.84	0.83	0.18	0.06	0.23		0.5	-0.03	0.73	-0.67	0.32	0.37	0.78	0.26	0.73	0.64	0.69	0.38
Non Current Liabilities Total	0.91	0.87	0.84	0.86	0.66	0.85	0.73	0.91	0.61	0.71	0.83	0.45	-0.21	0.5		-0.17	0.59	-0.82	0.88	0.86	0.83	0.57	0.73	0.88	0.87	0.75
Inventory	-0.06	-0.14	-0.02	-0.02	-0.11	-0.01	-0.13	-0.06	-0.12	-0.11	0.12	0.08	-0.03	-0.03	-0.17		-0.1	0.0	-0.07	-0.02	-0.06	0.06	-0.08	-0.02	-0.03	-0.02
Other Current Assets	0.77	0.3	0.82	0.5	0.0	0.83	0.72	0.77	0.94	0.78	0.27	0.06	0.2	0.73	0.59	-0.1		-0.74	0.43	0.51	0.8	0.25	0.95	0.74	0.85	0.58
Other Stockholder Equity	-0.77	-0.58	-0.76	-0.66	-0.41	-0.82	-0.59	-0.78	-0.69	-0.66	-0.55	-0.33	0.06	-0.67	-0.82	0.0	-0.74		-0.64	-0.67	-0.74	-0.47	-0.84	-0.72	-0.79	-0.55
Total Liab	0.83	0.96	0.72	0.96	0.72	0.72	0.66	0.82	0.4	0.61	0.92	0.64	-0.58	0.32	0.88	-0.07	0.43	-0.64		0.96	0.72	0.63	0.58	0.85	0.78	0.91
Property Plant And Equipment Gross	0.83	0.9	0.73	1.0	0.65	0.74	0.68	0.81	0.47	0.63	0.89	0.5	-0.48	0.37	0.86	-0.02	0.51	-0.67	0.96		0.75	0.49	0.62	0.85	0.83	0.88
Total Current Assets	0.96	0.59	0.97	0.74	0.19	0.97	0.95	0.94	0.86	0.97	0.63	0.33	-0.03	0.78	0.83	-0.06	0.8	-0.74	0.72	0.75		0.51	0.87	0.93	0.95	0.78
Common Stock	0.57	0.51	0.55	0.49	0.31	0.57	0.46	0.58	0.3	0.44	0.63	0.95	-0.58	0.26	0.57	0.06	0.25	-0.47	0.63	0.49	0.51		0.47	0.59	0.49	0.65
Other Current Liab	0.87	0.45	0.9	0.61	0.14	0.92	0.78	0.87	0.91	0.83	0.45	0.27	0.04	0.73	0.73	-0.08	0.95	-0.84	0.58	0.62	0.87	0.47		0.84	0.92	0.67
Total Current Liabilities	0.98	0.76	0.95	0.84	0.45	0.94	0.85	0.98	0.75	0.85	0.75	0.45	-0.19	0.64	0.88	-0.02	0.74	-0.72	0.85	0.85	0.93	0.59	0.84		0.97	0.86
Current Deferred Revenue	0.98	0.67	0.97	0.82	0.35	0.97	0.86	0.98	0.85	0.87	0.7	0.33	-0.07	0.69	0.87	-0.03	0.85	-0.79	0.78	0.83	0.95	0.49	0.92	0.97		0.81
Accounts Payable	0.83	0.79	0.78	0.87	0.43	0.75	0.78	0.82	0.52	0.71	0.81	0.65	-0.56	0.38	0.75	-0.02	0.58	-0.55	0.91	0.88	0.78	0.65	0.67	0.86	0.81

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S A P Account Relationship Matchups

S A P fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	60.2B	58.5B	71.2B	72.2B	68.3B	71.8B
Short Long Term Debt Total	16.2B	16.0B	15.2B	14.4B	8.8B	5.5B
Total Stockholder Equity	30.8B	29.7B	38.9B	40.1B	43.2B	45.3B
Property Plant And Equipment Net	5.5B	5.0B	5.0B	4.9B	4.1B	2.3B
Net Debt	10.9B	10.6B	6.2B	5.4B	666M	632.7M
Retained Earnings	28.8B	32.0B	37.0B	36.4B	42.5B	44.6B
Cash	5.3B	5.3B	8.9B	9.0B	8.1B	8.5B
Non Current Assets Total	45.0B	43.4B	51.1B	53.6B	51.0B	53.6B
Non Currrent Assets Other	2.3B	2.3B	3.0B	4.0B	7.0B	7.3B
Cash And Short Term Investments	5.6B	6.9B	11.7B	9.9B	11.3B	11.8B
Net Receivables	8.4B	6.8B	7.0B	6.6B	5.9B	4.3B
Short Term Investments	297M	1.6B	2.8B	856M	3.2B	3.3B
Liabilities And Stockholders Equity	60.2B	58.5B	71.2B	72.2B	68.3B	71.8B
Non Current Liabilities Total	14.9B	15.7B	13.5B	11.9B	12.3B	12.9B
Other Current Assets	1.2B	2.0B	826M	3.0B	3.4B	3.6B
Other Stockholder Equity	(1.0B)	(4.6B)	(1.2B)	(1.3B)	(2.9B)	(2.8B)
Total Liab	29.4B	28.6B	29.6B	29.3B	24.9B	12.7B
Property Plant And Equipment Gross	5.5B	5.0B	5.0B	4.9B	4.3B	2.3B
Total Current Assets	15.2B	15.1B	20.0B	18.6B	20.6B	21.6B
Other Current Liab	5.3B	9.2B	6.0B	10.7B	11.2B	11.7B
Total Current Liabilities	14.5B	12.9B	16.1B	17.5B	14.6B	15.4B
Current Deferred Revenue	4.3B	4.2B	4.4B	5.4B	5.0B	5.2B
Accounts Payable	1.6B	1.4B	1.6B	2.1B	1.8B	928.5M
Accumulated Other Comprehensive Income	1.8B	(1.0B)	1.8B	3.8B	2.4B	2.5B
Short Term Debt	3.3B	1.9B	4.2B	4.3B	1.4B	1.2B
Intangible Assets	4.5B	3.8B	4.0B	3.8B	2.5B	2.2B
Other Liab	2.0B	2.1B	2.5B	3.1B	3.6B	3.8B
Long Term Debt	11.1B	13.6B	11.0B	9.5B	6.0B	5.3B
Good Will	29.2B	27.6B	31.1B	33.1B	29.1B	14.7B
Property Plant Equipment	5.5B	4.9B	5.0B	4.9B	5.7B	6.0B
Deferred Long Term Liab	1.4B	1.7B	2.3B	3.0B	3.5B	3.6B
Long Term Investments	2.3B	3.5B	6.3B	5.6B	5.1B	2.8B
Short Long Term Debt	2.5B	1.5B	3.8B	4.0B	1.1B	1.1B
Net Tangible Assets	(2.9B)	(1.6B)	3.9B	3.2B	3.7B	3.9B

Pair Trading with S A P

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 S A P 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 S A P will appreciate offsetting losses from the drop in the long position's value.

Moving together with SAP Stock

0.64	U	Unity Software Aggressive Push	Pair Corr
0.66	AI	C3 Ai Inc Trending	Pair Corr
0.81	BL	Blackline	Pair Corr
0.75	DT	Dynatrace Holdings LLC	Pair Corr

Moving against SAP Stock

0.51	DMAN	Innovativ Media Group	Pair Corr
0.51	VCSA	Vacasa Inc	Pair Corr
0.5	VERB	VERB TECHNOLOGY PANY	Pair Corr
0.48	EGAN	eGain	Pair Corr
0.34	VTEX	VTEX	Pair Corr

The ability to find closely correlated positions to S A P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace S A P 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 S A P - 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 SAP SE ADR to buy it.

The correlation of S A P 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 S A P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SAP SE ADR 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 S A P 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 SAP Stock Analysis

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

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