SimilarWeb Total Current Liabilities vs Asset Turnover Analysis

SMWB Stock

USD 16.21 0.80 4.70%

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

For information on how to trade SimilarWeb Stock refer to our How to Trade SimilarWeb Stock guide.

Total Current Liabilities vs Asset Turnover

Total Current Liabilities vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SimilarWeb Total Current Liabilities account and Asset Turnover. At this time, the significance of the direction appears to have pay attention.

The correlation between SimilarWeb's Total Current Liabilities and Asset Turnover is -0.81. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of SimilarWeb, assuming nothing else is changed. The correlation between historical values of SimilarWeb's Total Current Liabilities and Asset Turnover 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 Current Liabilities of SimilarWeb are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., SimilarWeb's Total Current Liabilities and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.81

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on SimilarWeb balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SimilarWeb are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Asset Turnover

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

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

For information on how to trade SimilarWeb Stock refer to our How to Trade SimilarWeb Stock guide.The current year's Enterprise Value is expected to grow to about 374.3 M, whereas Tax Provision is forecasted to decline to about 920.3 K.

	2022	2023	2024	2025 (projected)
Interest Expense	4.4M	126K	144.9K	137.7K
Depreciation And Amortization	20.2M	10.3M	11.8M	10.8M

Interest Expense Depreciation And Amortization

SimilarWeb fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.99	0.97	0.98	0.87	0.28	0.94	0.83	0.98	-0.5	-0.94	0.95	0.93	0.93	0.99	0.98	0.92	0.94	0.99	0.91	0.98	0.86	0.23	1.0	0.99	0.96
Short Long Term Debt Total	0.99		0.97	0.95	0.9	0.34	0.96	0.79	0.96	-0.57	-0.91	0.96	0.96	0.91	0.97	0.98	0.93	0.9	0.99	0.87	0.97	0.82	0.32	0.99	0.99	0.94
Other Current Liab	0.97	0.97		0.94	0.85	0.25	0.92	0.84	0.94	-0.48	-0.93	0.9	0.91	0.93	0.93	0.95	0.9	0.87	0.96	0.86	0.95	0.86	0.33	0.97	0.95	0.94
Total Current Liabilities	0.98	0.95	0.94		0.74	0.08	0.85	0.9	1.0	-0.31	-0.96	0.87	0.84	0.97	0.96	0.94	0.83	0.98	0.97	0.93	0.98	0.92	0.05	0.96	0.97	1.0
Total Stockholder Equity	0.87	0.9	0.85	0.74		0.7	0.94	0.51	0.76	-0.86	-0.73	0.96	0.98	0.65	0.87	0.92	0.98	0.67	0.83	0.74	0.76	0.56	0.56	0.9	0.84	0.7
Other Liab	0.28	0.34	0.25	0.08	0.7		0.52	-0.11	0.13	-0.92	-0.12	0.54	0.6	-0.05	0.32	0.39	0.59	0.03	0.24	0.22	0.12	-0.05	0.61	0.34	0.26	0.02
Net Tangible Assets	0.94	0.96	0.92	0.85	0.94	0.52		0.73	0.88	-0.69	-0.88	0.97	0.98	0.81	0.91	0.93	0.93	0.8	0.94	0.78	0.9	0.77	0.36	0.95	0.95	0.83
Property Plant And Equipment Net	0.83	0.79	0.84	0.9	0.51	-0.11	0.73		0.89	-0.02	-0.95	0.67	0.64	0.93	0.79	0.75	0.62	0.88	0.85	0.79	0.89	1.0	-0.19	0.8	0.84	0.92
Current Deferred Revenue	0.98	0.96	0.94	1.0	0.76	0.13	0.88	0.89		-0.36	-0.95	0.9	0.86	0.97	0.97	0.94	0.84	0.98	0.98	0.92	0.99	0.91	0.06	0.97	0.98	0.99
Net Debt	-0.5	-0.57	-0.48	-0.31	-0.86	-0.92	-0.69	-0.02	-0.36		0.3	-0.72	-0.77	-0.2	-0.53	-0.6	-0.75	-0.25	-0.47	-0.36	-0.37	-0.08	-0.74	-0.56	-0.5	-0.26
Retained Earnings	-0.94	-0.91	-0.93	-0.96	-0.73	-0.12	-0.88	-0.95	-0.95	0.3		-0.85	-0.82	-0.94	-0.92	-0.89	-0.81	-0.92	-0.94	-0.84	-0.95	-0.96	-0.01	-0.93	-0.94	-0.96
Accounts Payable	0.95	0.96	0.9	0.87	0.96	0.54	0.97	0.67	0.9	-0.72	-0.85		0.99	0.79	0.96	0.97	0.97	0.84	0.93	0.86	0.89	0.72	0.33	0.97	0.94	0.84
Cash	0.93	0.96	0.91	0.84	0.98	0.6	0.98	0.64	0.86	-0.77	-0.82	0.99		0.76	0.93	0.96	0.98	0.78	0.91	0.81	0.86	0.68	0.46	0.95	0.92	0.8
Non Current Assets Total	0.93	0.91	0.93	0.97	0.65	-0.05	0.81	0.93	0.97	-0.2	-0.94	0.79	0.76		0.89	0.86	0.73	0.95	0.96	0.84	0.98	0.94	0.03	0.91	0.94	0.99
Non Currrent Assets Other	0.99	0.97	0.93	0.96	0.87	0.32	0.91	0.79	0.97	-0.53	-0.92	0.96	0.93	0.89		0.99	0.94	0.94	0.96	0.94	0.95	0.83	0.17	0.99	0.96	0.94
Other Assets	0.98	0.98	0.95	0.94	0.92	0.39	0.93	0.75	0.94	-0.6	-0.89	0.97	0.96	0.86	0.99		0.97	0.89	0.94	0.92	0.92	0.79	0.29	0.99	0.95	0.91
Cash And Short Term Investments	0.92	0.93	0.9	0.83	0.98	0.59	0.93	0.62	0.84	-0.75	-0.81	0.97	0.98	0.73	0.94	0.97		0.77	0.87	0.84	0.82	0.66	0.45	0.95	0.89	0.79
Net Receivables	0.94	0.9	0.87	0.98	0.67	0.03	0.8	0.88	0.98	-0.25	-0.92	0.84	0.78	0.95	0.94	0.89	0.77		0.94	0.92	0.96	0.89	-0.1	0.92	0.94	0.98
Good Will	0.99	0.99	0.96	0.97	0.83	0.24	0.94	0.85	0.98	-0.47	-0.94	0.93	0.91	0.96	0.96	0.94	0.87	0.94		0.87	0.99	0.88	0.19	0.98	1.0	0.96
Common Stock Total Equity	0.91	0.87	0.86	0.93	0.74	0.22	0.78	0.79	0.92	-0.36	-0.84	0.86	0.81	0.84	0.94	0.92	0.84	0.92	0.87		0.87	0.82	0.01	0.91	0.87	0.91
Common Stock Shares Outstanding	0.98	0.97	0.95	0.98	0.76	0.12	0.9	0.89	0.99	-0.37	-0.95	0.89	0.86	0.98	0.95	0.92	0.82	0.96	0.99	0.87		0.91	0.1	0.96	0.99	0.99
Non Current Liabilities Total	0.86	0.82	0.86	0.92	0.56	-0.05	0.77	1.0	0.91	-0.08	-0.96	0.72	0.68	0.94	0.83	0.79	0.66	0.89	0.88	0.82	0.91		-0.15	0.83	0.86	0.93
Inventory	0.23	0.32	0.33	0.05	0.56	0.61	0.36	-0.19	0.06	-0.74	-0.01	0.33	0.46	0.03	0.17	0.29	0.45	-0.1	0.19	0.01	0.1	-0.15		0.27	0.2	0.02
Other Current Assets	1.0	0.99	0.97	0.96	0.9	0.34	0.95	0.8	0.97	-0.56	-0.93	0.97	0.95	0.91	0.99	0.99	0.95	0.92	0.98	0.91	0.96	0.83	0.27		0.98	0.94
Other Stockholder Equity	0.99	0.99	0.95	0.97	0.84	0.26	0.95	0.84	0.98	-0.5	-0.94	0.94	0.92	0.94	0.96	0.95	0.89	0.94	1.0	0.87	0.99	0.86	0.2	0.98		0.96
Total Liab	0.96	0.94	0.94	1.0	0.7	0.02	0.83	0.92	0.99	-0.26	-0.96	0.84	0.8	0.99	0.94	0.91	0.79	0.98	0.96	0.91	0.99	0.93	0.02	0.94	0.96

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SimilarWeb Account Relationship Matchups

SimilarWeb fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	103.6M	227.0M	246.0M	239.0M	274.9M	189.6M
Other Current Liab	24.8M	46.2M	62.4M	43.7M	50.3M	42.2M
Total Current Liabilities	109.1M	134.1M	180.9M	184.2M	211.8M	150.4M
Total Stockholder Equity	(9.3M)	84.9M	22.0M	15.5M	17.9M	17.6M
Property Plant And Equipment Net	6.1M	6.4M	72.6M	64.6M	74.3M	78.0M
Current Deferred Revenue	53.1M	76.7M	93.2M	100.0M	115.0M	80.0M
Net Debt	2.9M	(128.9M)	(3.6M)	(4.3M)	(3.9M)	(4.1M)
Retained Earnings	(171.1M)	(240.1M)	(323.7M)	(353.1M)	(317.8M)	(333.7M)
Accounts Payable	4.3M	11.3M	7.1M	8.4M	9.7M	7.5M
Cash	23.9M	128.9M	77.8M	71.7M	82.5M	68.1M
Non Current Assets Total	15.4M	39.3M	103.9M	92.6M	106.5M	58.1M
Non Currrent Assets Other	6.4M	10.0M	8.8M	10.3M	11.9M	8.5M
Cash And Short Term Investments	53.9M	128.9M	77.8M	71.7M	82.5M	74.8M
Net Receivables	25.7M	31.0M	38.1M	49.3M	56.7M	35.9M
Common Stock Shares Outstanding	14.4M	53.2M	75.7M	77.8M	89.4M	51.6M
Liabilities And Stockholders Equity	103.6M	227.0M	246.0M	239.0M	274.9M	189.6M
Non Current Liabilities Total	3.8M	7.9M	43.2M	39.3M	45.2M	47.4M
Inventory	8.2M	27.2M	19.6M	1.0	0.9	0.86
Other Current Assets	8.6M	26.8M	25.2M	25.4M	29.2M	19.0M
Other Stockholder Equity	25.9M	324.6M	345.8M	367.6M	422.7M	238.2M
Total Liab	112.9M	142.1M	224.1M	223.5M	257.0M	172.0M
Net Invested Capital	(118.2M)	84.9M	47.0M	40.5M	46.6M	49.0M
Property Plant And Equipment Gross	6.1M	16.3M	72.6M	80.6M	92.7M	97.3M
Total Current Assets	88.2M	187.7M	142.2M	146.4M	168.3M	131.4M
Accumulated Other Comprehensive Income	76K	160K	(367K)	872K	1.0M	1.1M
Capital Stock	135.9M	205K	210K	216K	194.4K	184.7K
Net Working Capital	(20.9M)	53.5M	(38.8M)	(37.8M)	(34.0M)	(32.3M)
Common Stock	42K	205K	210K	216K	248.4K	156.2K

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When determining whether SimilarWeb offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SimilarWeb'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 Similarweb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Similarweb Stock:

How To Invest In SimilarWeb

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Is SimilarWeb Stock a good investment?

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What is SimilarWeb's Net Worth?

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Largest Application Software Companies

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Largest Software - Application Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SimilarWeb. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

For information on how to trade SimilarWeb Stock refer to our How to Trade SimilarWeb Stock guide.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Is Application 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 SimilarWeb. If investors know SimilarWeb 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 SimilarWeb listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.13)

Revenue Per Share

2.922

Quarterly Revenue Growth

0.13

Return On Assets

(0.03)

Return On Equity

(0.66)

The market value of SimilarWeb is measured differently than its book value, which is the value of SimilarWeb that is recorded on the company's balance sheet. Investors also form their own opinion of SimilarWeb's value that differs from its market value or its book value, called intrinsic value, which is SimilarWeb'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 SimilarWeb's market value can be influenced by many factors that don't directly affect SimilarWeb'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 SimilarWeb's value and its price as these two are different measures arrived at by different means. Investors typically determine if SimilarWeb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SimilarWeb'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.

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SimilarWeb Total Current Liabilities vs Asset Turnover Analysis

Total Current Liabilities vs Asset Turnover

Total Current Liabilities vs Asset Turnover Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Asset Turnover

SimilarWeb fundamental ratios Correlations

SimilarWeb Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SimilarWeb fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

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Other Current Assets	+ 1.0	Total Assets
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Other Stockholder Equity	+ 1.0	Good Will
Short Long Term Debt Total	+ 0.99	Total Assets

Total Liab	- 0.96	Retained Earnings
Non Current Liabilities Total	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Total Current Liabilities
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Current Deferred Revenue
Retained Earnings	- 0.95	Property Plant And Equipment Net