SolarWinds Cash vs Accounts Payable Analysis
SWI Stock | USD 13.32 0.03 0.23% |
SolarWinds Corp financial indicator trend analysis is much more than just breaking down SolarWinds Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SolarWinds Corp is a good investment. Please check the relationship between SolarWinds Corp Cash and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarWinds Corp. 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 more detail on how to invest in SolarWinds Stock please use our How to Invest in SolarWinds Corp guide.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SolarWinds Corp Cash account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SolarWinds Corp's Cash and Accounts Payable is -0.01. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SolarWinds Corp, assuming nothing else is changed. The correlation between historical values of SolarWinds Corp's Cash and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of SolarWinds Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., SolarWinds Corp's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of SolarWinds Corp, which is listed under current asset account on SolarWinds Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SolarWinds Corp customers. The amounts must be unrestricted with restricted cash listed in a different SolarWinds Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Accounts Payable
An accounting item on the balance sheet that represents SolarWinds Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SolarWinds Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from SolarWinds Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SolarWinds Corp 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 SolarWinds Corp. 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 more detail on how to invest in SolarWinds Stock please use our How to Invest in SolarWinds Corp guide.As of now, SolarWinds Corp's Enterprise Value Multiple is increasing as compared to previous years. The SolarWinds Corp's current Enterprise Value is estimated to increase to about 4.4 B, while Discontinued Operations is projected to decrease to under 10.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 491.6M | 623.4M | 671.7M | 421.1M | Total Revenue | 718.6M | 719.4M | 758.7M | 538.6M |
SolarWinds Corp fundamental ratios Correlations
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SolarWinds Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SolarWinds Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.3B | 5.7B | 4.8B | 3.2B | 3.3B | 2.8B | |
Other Current Liab | 63.0M | 427.6M | 29.9M | 98.0M | 75.5M | 104.1M | |
Total Current Liabilities | 423.0M | 491.2M | 413.9M | 456.6M | 468.8M | 277.6M | |
Other Liab | 251.7M | 210.8M | 145.0M | 121.7M | 140.0M | 133.0M | |
Accounts Payable | 13.8M | 12.4M | 7.3M | 14.0M | 9.7M | 12.4M | |
Cash | 173.4M | 370.5M | 732.1M | 121.7M | 284.7M | 239.4M | |
Other Assets | 32.4M | 185.8M | 178.3M | 180.5M | 1.0 | 0.95 | |
Long Term Debt | 1.9B | 1.9B | 1.9B | 1.2B | 1.2B | 1.1B | |
Good Will | 4.1B | 4.2B | 3.3B | 2.4B | 2.4B | 1.9B | |
Other Current Assets | 24.6M | 155.5M | 30.5M | 57.4M | 28.2M | 26.9M | |
Total Liab | 2.7B | 2.7B | 2.5B | 1.8B | 1.8B | 1.9B | |
Intangible Assets | 771.5M | 593.0M | 342.6M | 244.0M | 183.7M | 174.5M | |
Common Stock | 308K | 313K | 159K | 162K | 167K | 144.9K | |
Property Plant Equipment | 128.8M | 169.6M | 104.0M | 88.1M | 101.3M | 106.3M | |
Total Stockholder Equity | 2.6B | 3.0B | 2.3B | 1.4B | 1.4B | 1.1B | |
Retained Earnings | (387.4M) | (228.9M) | (280.4M) | (1.2B) | (1.2B) | (1.2B) | |
Net Tangible Assets | (2.2B) | (1.8B) | (1.4B) | (1.3B) | (1.1B) | (1.2B) | |
Non Current Assets Total | 5.0B | 5.2B | 3.9B | 2.9B | 2.8B | 3.5B | |
Cash And Short Term Investments | 173.4M | 370.5M | 732.1M | 148.9M | 289.2M | 311.0M | |
Net Receivables | 123.0M | 86.5M | 96.2M | 101.2M | 103.9M | 90.2M | |
Common Stock Total Equity | 101K | 305K | 308K | 313K | 360.0K | 377.9K | |
Liabilities And Stockholders Equity | 5.3B | 5.7B | 4.8B | 3.2B | 3.3B | 4.0B | |
Non Current Liabilities Total | 2.2B | 2.2B | 2.1B | 1.4B | 1.3B | 2.3B | |
Capital Surpluse | 3.0B | 3.2B | 2.6B | 2.6B | 3.0B | 1.7B | |
Other Stockholder Equity | 3.0B | 3.1B | 2.6B | 2.6B | 2.7B | 1.6B | |
Total Current Assets | 319.9M | 512.7M | 858.8M | 307.4M | 421.3M | 417.8M | |
Accumulated Other Comprehensive Income | (5.2M) | 127.2M | 1.3M | (48.1M) | (28.1M) | (26.7M) | |
Non Current Liabilities Other | 122.7M | 115.0M | 93.2M | 74.2M | 55.3M | 81.5M | |
Common Stock Shares Outstanding | 155.6M | 78.9M | 158.0M | 160.8M | 164.6M | 126.9M | |
Short Term Debt | 34.0M | 34.9M | 48.7M | 39.3M | 42.3M | 35.8M | |
Short Long Term Debt Total | 2.0B | 2.0B | 2.0B | 1.3B | 1.3B | 1.5B | |
Property Plant And Equipment Net | 128.8M | 169.6M | 104.0M | 88.1M | 63.4M | 90.9M |
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When determining whether SolarWinds Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SolarWinds Corp'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 Solarwinds Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solarwinds Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarWinds Corp. 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 more detail on how to invest in SolarWinds Stock please use our How to Invest in SolarWinds Corp guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 SolarWinds Corp. If investors know SolarWinds 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 SolarWinds Corp 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 37.168 | Earnings Share 0.22 | Revenue Per Share 4.668 | Quarterly Revenue Growth 0.055 | Return On Assets 0.041 |
The market value of SolarWinds Corp is measured differently than its book value, which is the value of SolarWinds that is recorded on the company's balance sheet. Investors also form their own opinion of SolarWinds Corp's value that differs from its market value or its book value, called intrinsic value, which is SolarWinds Corp'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 SolarWinds Corp's market value can be influenced by many factors that don't directly affect SolarWinds Corp'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 SolarWinds Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarWinds Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarWinds Corp'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.