TechTarget Accounts Payable vs Intangible Assets Analysis

TTGT Stock

USD 33.19 0.75 2.31%

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

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

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TechTarget Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between TechTarget's Accounts Payable and Intangible Assets is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of TechTarget, assuming nothing else is changed. The correlation between historical values of TechTarget's Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of TechTarget are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., TechTarget's Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents TechTarget 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 TechTarget 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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

For more information on how to buy TechTarget Stock please use our How to Invest in TechTarget guide.At this time, TechTarget's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 32.4 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	192.2M	219M	154.4K	146.7K
Total Revenue	263.4M	297.5M	230.0M	127.7M

Gross Profit Total Revenue

TechTarget fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Other Current Assets	Property Plant And Equipment Gross
Total Assets		0.61	0.91	0.96	0.97	0.2	0.21	0.97	0.16	0.98	0.2	0.98	0.98	0.98	0.69	0.83	0.89	0.83	0.91	0.72	0.83	0.87	0.58	0.56	0.28	0.82
Total Stockholder Equity	0.61		0.35	0.51	0.67	-0.2	0.56	0.5	0.73	0.44	0.82	0.46	0.53	0.48	0.42	0.51	0.54	0.53	0.53	0.54	0.73	0.79	0.74	0.04	0.43	0.37
Net Debt	0.91	0.35		0.82	0.89	0.17	0.16	0.89	-0.08	0.94	-0.07	0.93	0.88	0.92	0.55	0.67	0.86	0.64	0.93	0.73	0.62	0.74	0.52	0.75	0.25	0.93
Cash	0.96	0.51	0.82		0.87	0.37	0.0	0.98	0.05	0.97	0.09	0.97	0.98	0.97	0.71	0.87	0.82	0.9	0.82	0.61	0.84	0.81	0.47	0.46	0.17	0.69
Non Current Assets Total	0.97	0.67	0.89	0.87		0.1	0.44	0.89	0.2	0.92	0.28	0.93	0.9	0.92	0.73	0.82	0.91	0.79	0.91	0.78	0.82	0.91	0.63	0.48	0.32	0.81
Non Currrent Assets Other	0.2	-0.2	0.17	0.37	0.1		-0.29	0.29	-0.36	0.32	-0.48	0.32	0.28	0.31	0.09	0.36	0.14	0.42	0.17	0.04	0.34	0.12	-0.21	-0.01	-0.18	-0.02
Other Assets	0.21	0.56	0.16	0.0	0.44	-0.29		0.0	0.45	0.07	0.55	0.09	0.03	0.08	0.27	0.21	0.29	0.13	0.22	0.44	0.28	0.43	0.31	-0.11	0.27	0.15
Cash And Short Term Investments	0.97	0.5	0.89	0.98	0.89	0.29	0.0		0.07	0.98	0.1	0.98	1.0	0.99	0.63	0.79	0.83	0.82	0.87	0.66	0.77	0.78	0.48	0.62	0.19	0.8
Common Stock Shares Outstanding	0.16	0.73	-0.08	0.05	0.2	-0.36	0.45	0.07		-0.04	0.95	-0.03	0.11	0.03	-0.16	-0.08	0.02	0.01	0.09	0.04	0.23	0.22	0.32	-0.08	0.39	0.01
Non Current Liabilities Total	0.98	0.44	0.94	0.97	0.92	0.32	0.07	0.98	-0.04		-0.01	1.0	0.98	1.0	0.69	0.83	0.87	0.83	0.89	0.7	0.78	0.81	0.48	0.61	0.19	0.82
Other Stockholder Equity	0.2	0.82	-0.07	0.09	0.28	-0.48	0.55	0.1	0.95	-0.01		0.02	0.13	0.06	0.05	0.06	0.08	0.12	0.09	0.16	0.3	0.35	0.4	-0.15	0.39	0.01
Total Liab	0.98	0.46	0.93	0.97	0.93	0.32	0.09	0.98	-0.03	1.0	0.02		0.98	1.0	0.71	0.85	0.87	0.85	0.89	0.7	0.8	0.83	0.5	0.58	0.21	0.81
Total Current Assets	0.98	0.53	0.88	0.98	0.9	0.28	0.03	1.0	0.11	0.98	0.13	0.98		0.99	0.64	0.8	0.83	0.83	0.88	0.66	0.8	0.81	0.51	0.6	0.22	0.79
Short Long Term Debt Total	0.98	0.48	0.92	0.97	0.92	0.31	0.08	0.99	0.03	1.0	0.06	1.0	0.99		0.67	0.82	0.85	0.83	0.89	0.71	0.78	0.81	0.49	0.62	0.23	0.82
Other Current Liab	0.69	0.42	0.55	0.71	0.73	0.09	0.27	0.63	-0.16	0.69	0.05	0.71	0.64	0.67		0.9	0.67	0.84	0.51	0.61	0.68	0.75	0.4	0.04	0.06	0.39
Total Current Liabilities	0.83	0.51	0.67	0.87	0.82	0.36	0.21	0.79	-0.08	0.83	0.06	0.85	0.8	0.82	0.9		0.73	0.98	0.66	0.61	0.88	0.87	0.49	0.13	0.19	0.45
Property Plant And Equipment Net	0.89	0.54	0.86	0.82	0.91	0.14	0.29	0.83	0.02	0.87	0.08	0.87	0.83	0.85	0.67	0.73		0.68	0.93	0.65	0.74	0.8	0.64	0.45	0.17	0.85
Current Deferred Revenue	0.83	0.53	0.64	0.9	0.79	0.42	0.13	0.82	0.01	0.83	0.12	0.85	0.83	0.83	0.84	0.98	0.68		0.63	0.57	0.9	0.86	0.46	0.13	0.26	0.41
Retained Earnings	0.91	0.53	0.93	0.82	0.91	0.17	0.22	0.87	0.09	0.89	0.09	0.89	0.88	0.89	0.51	0.66	0.93	0.63		0.62	0.75	0.79	0.7	0.59	0.3	0.91
Accounts Payable	0.72	0.54	0.73	0.61	0.78	0.04	0.44	0.66	0.04	0.7	0.16	0.7	0.66	0.71	0.61	0.61	0.65	0.57	0.62		0.51	0.76	0.42	0.56	0.07	0.69
Net Receivables	0.83	0.73	0.62	0.84	0.82	0.34	0.28	0.77	0.23	0.78	0.3	0.8	0.8	0.78	0.68	0.88	0.74	0.9	0.75	0.51		0.92	0.7	0.08	0.35	0.46
Good Will	0.87	0.79	0.74	0.81	0.91	0.12	0.43	0.78	0.22	0.81	0.35	0.83	0.81	0.81	0.75	0.87	0.8	0.86	0.79	0.76	0.92		0.78	0.24	0.4	0.61
Common Stock Total Equity	0.58	0.74	0.52	0.47	0.63	-0.21	0.31	0.48	0.32	0.48	0.4	0.5	0.51	0.49	0.4	0.49	0.64	0.46	0.7	0.42	0.7	0.78		0.12	0.55	0.52
Short Term Investments	0.56	0.04	0.75	0.46	0.48	-0.01	-0.11	0.62	-0.08	0.61	-0.15	0.58	0.6	0.62	0.04	0.13	0.45	0.13	0.59	0.56	0.08	0.24	0.12		0.02	0.83
Other Current Assets	0.28	0.43	0.25	0.17	0.32	-0.18	0.27	0.19	0.39	0.19	0.39	0.21	0.22	0.23	0.06	0.19	0.17	0.26	0.3	0.07	0.35	0.4	0.55	0.02		0.17
Property Plant And Equipment Gross	0.82	0.37	0.93	0.69	0.81	-0.02	0.15	0.8	0.01	0.82	0.01	0.81	0.79	0.82	0.39	0.45	0.85	0.41	0.91	0.69	0.46	0.61	0.52	0.83	0.17

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TechTarget Account Relationship Matchups

TechTarget fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	221.6M	456.6M	789M	764.7M	699.9M	734.9M
Total Stockholder Equity	153.0M	202.5M	222.8M	217.5M	222.9M	135.2M
Net Debt	2.0M	101.8M	119.7M	135.6M	204.5M	214.7M
Cash	52.5M	82.6M	361.6M	344.5M	226.7M	238.0M
Non Current Assets Total	134.2M	328.8M	350.9M	333.9M	328.4M	344.8M
Non Currrent Assets Other	936K	907K	893K	20.8M	650K	617.5K
Other Assets	1.1M	27.2M	1.4M	3.6M	4.1M	5.6M
Cash And Short Term Investments	57.5M	82.7M	381.7M	364.7M	326.3M	342.6M
Common Stock Shares Outstanding	28.3M	28.7M	29.5M	34.1M	28.5M	33.4M
Liabilities And Stockholders Equity	221.6M	456.6M	789M	764.7M	699.9M	734.9M
Non Current Liabilities Total	52.3M	207.6M	496.2M	489.4M	440.0M	462.0M
Other Stockholder Equity	132.7M	163.3M	183.6M	146.6M	142.6M	142.8M
Total Liab	68.7M	254.1M	566.2M	547.2M	477.0M	500.8M
Total Current Assets	87.4M	127.8M	438.1M	430.8M	371.5M	390.0M
Short Long Term Debt Total	54.5M	184.4M	481.3M	480.2M	431.2M	452.7M
Other Current Liab	6.2M	18.7M	27.1M	11.5M	10.4M	7.8M
Total Current Liabilities	16.4M	46.4M	70M	57.9M	37.0M	25.9M
Property Plant And Equipment Net	38.8M	39.7M	42.1M	42.5M	42.1M	44.2M
Current Deferred Revenue	4.3M	15.7M	30.5M	27.1M	14.7M	10.1M
Retained Earnings	20.5M	37.6M	38.8M	80.4M	84.8M	89.1M
Accounts Payable	2.0M	4.3M	3.8M	3.3M	5.3M	3.3M
Net Receivables	27.1M	40.2M	51.1M	60.4M	39.2M	28.9M
Good Will	93.6M	179.1M	197.1M	192.2M	194.1M	113.1M
Common Stock Total Equity	53K	54K	55K	56K	64.4K	48.6K
Short Term Investments	5.0M	84K	20.1M	20.2M	99.6M	104.6M
Other Current Assets	2.8M	5.7M	5.4M	5.7M	6.0M	5.2M
Property Plant And Equipment Gross	38.8M	39.7M	42.1M	42.5M	97.2M	102.0M
Accumulated Other Comprehensive Income	(319K)	1.6M	298K	(9.5M)	(4.5M)	(4.3M)
Short Term Debt	3.8M	7.2M	8.1M	8.2M	4.0M	5.5M
Intangible Assets	710K	108.9M	110.4M	95.5M	89.2M	93.6M
Common Stock	55K	56K	57K	58K	59K	50.9K
Other Liab	1.6M	26.8M	19.0M	13.3M	15.3M	16.0M
Long Term Debt	22.5M	153.9M	453.2M	455.7M	410.5M	431.0M
Property Plant Equipment	38.8M	39.7M	42.1M	42.5M	48.9M	51.4M
Net Tangible Assets	58.6M	(85.5M)	(84.7M)	(70.3M)	(63.2M)	(60.1M)

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