TechTarget Intangible Assets vs Net Receivables Analysis

TTGT Stock  USD 30.95  0.95  3.17%   
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 Intangible Assets and its Net Receivables 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.

Intangible Assets vs Net Receivables

Intangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TechTarget Intangible Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between TechTarget's Intangible Assets and Net Receivables is 0.76. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of TechTarget, assuming nothing else is changed. The correlation between historical values of TechTarget's Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of TechTarget are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., TechTarget's Intangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

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

Net Receivables

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 Profit192.2M219M154.4K146.7K
Total Revenue263.4M297.5M230.0M127.7M

TechTarget fundamental ratios Correlations

0.610.910.960.970.20.210.970.160.980.20.980.980.980.690.830.890.830.910.720.830.870.580.560.280.82
0.610.350.510.67-0.20.560.50.730.440.820.460.530.480.420.510.540.530.530.540.730.790.740.040.430.37
0.910.350.820.890.170.160.89-0.080.94-0.070.930.880.920.550.670.860.640.930.730.620.740.520.750.250.93
0.960.510.820.870.370.00.980.050.970.090.970.980.970.710.870.820.90.820.610.840.810.470.460.170.69
0.970.670.890.870.10.440.890.20.920.280.930.90.920.730.820.910.790.910.780.820.910.630.480.320.81
0.2-0.20.170.370.1-0.290.29-0.360.32-0.480.320.280.310.090.360.140.420.170.040.340.12-0.21-0.01-0.18-0.02
0.210.560.160.00.44-0.290.00.450.070.550.090.030.080.270.210.290.130.220.440.280.430.31-0.110.270.15
0.970.50.890.980.890.290.00.070.980.10.981.00.990.630.790.830.820.870.660.770.780.480.620.190.8
0.160.73-0.080.050.2-0.360.450.07-0.040.95-0.030.110.03-0.16-0.080.020.010.090.040.230.220.32-0.080.390.01
0.980.440.940.970.920.320.070.98-0.04-0.011.00.981.00.690.830.870.830.890.70.780.810.480.610.190.82
0.20.82-0.070.090.28-0.480.550.10.95-0.010.020.130.060.050.060.080.120.090.160.30.350.4-0.150.390.01
0.980.460.930.970.930.320.090.98-0.031.00.020.981.00.710.850.870.850.890.70.80.830.50.580.210.81
0.980.530.880.980.90.280.031.00.110.980.130.980.990.640.80.830.830.880.660.80.810.510.60.220.79
0.980.480.920.970.920.310.080.990.031.00.061.00.990.670.820.850.830.890.710.780.810.490.620.230.82
0.690.420.550.710.730.090.270.63-0.160.690.050.710.640.670.90.670.840.510.610.680.750.40.040.060.39
0.830.510.670.870.820.360.210.79-0.080.830.060.850.80.820.90.730.980.660.610.880.870.490.130.190.45
0.890.540.860.820.910.140.290.830.020.870.080.870.830.850.670.730.680.930.650.740.80.640.450.170.85
0.830.530.640.90.790.420.130.820.010.830.120.850.830.830.840.980.680.630.570.90.860.460.130.260.41
0.910.530.930.820.910.170.220.870.090.890.090.890.880.890.510.660.930.630.620.750.790.70.590.30.91
0.720.540.730.610.780.040.440.660.040.70.160.70.660.710.610.610.650.570.620.510.760.420.560.070.69
0.830.730.620.840.820.340.280.770.230.780.30.80.80.780.680.880.740.90.750.510.920.70.080.350.46
0.870.790.740.810.910.120.430.780.220.810.350.830.810.810.750.870.80.860.790.760.920.780.240.40.61
0.580.740.520.470.63-0.210.310.480.320.480.40.50.510.490.40.490.640.460.70.420.70.780.120.550.52
0.560.040.750.460.48-0.01-0.110.62-0.080.61-0.150.580.60.620.040.130.450.130.590.560.080.240.120.020.83
0.280.430.250.170.32-0.180.270.190.390.190.390.210.220.230.060.190.170.260.30.070.350.40.550.020.17
0.820.370.930.690.81-0.020.150.80.010.820.010.810.790.820.390.450.850.410.910.690.460.610.520.830.17
Click cells to compare fundamentals

TechTarget Account Relationship Matchups

TechTarget fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets221.6M456.6M789M764.7M699.9M734.9M
Total Stockholder Equity153.0M202.5M222.8M217.5M222.9M135.2M
Net Debt2.0M101.8M119.7M135.6M204.5M214.7M
Cash52.5M82.6M361.6M344.5M226.7M238.0M
Non Current Assets Total134.2M328.8M350.9M333.9M328.4M344.8M
Non Currrent Assets Other936K907K893K20.8M650K617.5K
Other Assets1.1M27.2M1.4M3.6M4.1M5.6M
Cash And Short Term Investments57.5M82.7M381.7M364.7M326.3M342.6M
Common Stock Shares Outstanding28.3M28.7M29.5M34.1M28.5M33.4M
Liabilities And Stockholders Equity221.6M456.6M789M764.7M699.9M734.9M
Non Current Liabilities Total52.3M207.6M496.2M489.4M440.0M462.0M
Other Stockholder Equity132.7M163.3M183.6M146.6M142.6M142.8M
Total Liab68.7M254.1M566.2M547.2M477.0M500.8M
Total Current Assets87.4M127.8M438.1M430.8M371.5M390.0M
Short Long Term Debt Total54.5M184.4M481.3M480.2M431.2M452.7M
Other Current Liab6.2M18.7M27.1M11.5M10.4M7.8M
Total Current Liabilities16.4M46.4M70M57.9M37.0M25.9M
Property Plant And Equipment Net38.8M39.7M42.1M42.5M42.1M44.2M
Current Deferred Revenue4.3M15.7M30.5M27.1M14.7M10.1M
Retained Earnings20.5M37.6M38.8M80.4M84.8M89.1M
Accounts Payable2.0M4.3M3.8M3.3M5.3M3.3M
Net Receivables27.1M40.2M51.1M60.4M39.2M28.9M
Good Will93.6M179.1M197.1M192.2M194.1M113.1M
Common Stock Total Equity53K54K55K56K64.4K48.6K
Short Term Investments5.0M84K20.1M20.2M99.6M104.6M
Other Current Assets2.8M5.7M5.4M5.7M6.0M5.2M
Property Plant And Equipment Gross38.8M39.7M42.1M42.5M97.2M102.0M
Accumulated Other Comprehensive Income(319K)1.6M298K(9.5M)(4.5M)(4.3M)
Short Term Debt3.8M7.2M8.1M8.2M4.0M5.5M
Intangible Assets710K108.9M110.4M95.5M89.2M93.6M
Common Stock55K56K57K58K59K50.9K
Other Liab1.6M26.8M19.0M13.3M15.3M16.0M
Long Term Debt22.5M153.9M453.2M455.7M410.5M431.0M
Property Plant Equipment38.8M39.7M42.1M42.5M48.9M51.4M
Net Tangible Assets58.6M(85.5M)(84.7M)(70.3M)(63.2M)(60.1M)

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Additional Tools for TechTarget Stock Analysis

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