ApplyDirect Non Currrent Assets Other vs Total Assets Analysis

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ApplyDirect financial indicator trend analysis is way more than just evaluating ApplyDirect prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ApplyDirect is a good investment. Please check the relationship between ApplyDirect Non Currrent Assets Other and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ApplyDirect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ApplyDirect Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ApplyDirect's Non Currrent Assets Other and Total Assets is -0.28. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of ApplyDirect, assuming nothing else is changed. The correlation between historical values of ApplyDirect's Non Currrent Assets Other and Total 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 Non Currrent Assets Other of ApplyDirect are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., ApplyDirect's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of ApplyDirect 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 ApplyDirect 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.
Most indicators from ApplyDirect's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ApplyDirect 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ApplyDirect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 1.5 M in 2024. Tax Provision is likely to gain to about (90.7 K) in 2024
 2021 2022 2023 2024 (projected)
Reconciled Depreciation715.2K1.4M1.7M1.8M
Interest Income1.6K556.01.6K1.5K

ApplyDirect fundamental ratios Correlations

0.720.790.740.650.550.23-0.750.930.280.85-0.280.290.880.690.740.33-0.480.850.640.820.32-0.470.370.610.63
0.720.560.90.070.190.65-0.730.76-0.040.820.3-0.040.670.770.560.08-0.270.920.250.6-0.15-0.730.530.350.48
0.790.560.60.320.560.44-0.740.71-0.130.82-0.5-0.130.910.650.870.15-0.60.780.260.760.39-0.650.430.590.58
0.740.90.60.070.150.65-0.870.81-0.120.890.33-0.120.680.930.410.06-0.370.950.170.740.2-0.790.770.350.66
0.650.070.320.070.56-0.52-0.20.460.730.24-0.530.730.390.090.350.56-0.190.180.870.40.280.33-0.230.50.34
0.550.190.560.150.560.15-0.380.43-0.050.51-0.6-0.050.680.380.56-0.02-0.740.320.230.520.19-0.2-0.260.970.41
0.230.650.440.65-0.520.15-0.550.4-0.790.670.28-0.790.520.680.35-0.42-0.470.64-0.540.360.01-0.940.550.30.28
-0.75-0.73-0.74-0.87-0.2-0.38-0.55-0.740.14-0.86-0.080.13-0.74-0.95-0.45-0.230.42-0.86-0.2-0.95-0.230.71-0.7-0.53-0.91
0.930.760.710.810.460.430.4-0.740.10.88-0.130.10.860.750.660.23-0.430.880.450.770.34-0.60.460.520.56
0.28-0.04-0.13-0.120.73-0.05-0.790.140.1-0.22-0.131.0-0.14-0.26-0.020.60.39-0.10.910.01-0.130.64-0.3-0.10.0
0.850.820.820.890.240.510.67-0.860.88-0.22-0.07-0.220.920.90.680.01-0.660.960.170.810.36-0.830.610.640.67
-0.280.3-0.50.33-0.53-0.60.28-0.08-0.13-0.13-0.07-0.13-0.40.21-0.59-0.150.40.06-0.28-0.14-0.41-0.150.36-0.410.03
0.29-0.04-0.13-0.120.73-0.05-0.790.130.11.0-0.22-0.13-0.14-0.26-0.010.60.38-0.10.910.01-0.120.64-0.3-0.10.01
0.880.670.910.680.390.680.52-0.740.86-0.140.92-0.4-0.140.730.870.04-0.710.850.280.770.38-0.70.330.730.56
0.690.770.650.930.090.380.68-0.950.75-0.260.90.21-0.260.730.380.03-0.520.880.060.860.25-0.790.70.570.81
0.740.560.870.410.350.560.35-0.450.66-0.020.68-0.59-0.010.870.380.07-0.520.670.340.50.17-0.520.110.520.26
0.330.080.150.060.56-0.02-0.42-0.230.230.60.01-0.150.60.040.030.070.480.080.650.31-0.110.310.07-0.020.37
-0.48-0.27-0.6-0.37-0.19-0.74-0.470.42-0.430.39-0.660.40.38-0.71-0.52-0.520.48-0.480.11-0.47-0.520.55-0.15-0.75-0.29
0.850.920.780.950.180.320.64-0.860.88-0.10.960.06-0.10.850.880.670.08-0.480.260.780.22-0.820.660.470.63
0.640.250.260.170.870.23-0.54-0.20.450.910.17-0.280.910.280.060.340.650.110.260.350.030.33-0.130.20.27
0.820.60.760.740.40.520.36-0.950.770.010.81-0.140.010.770.860.50.31-0.470.780.350.31-0.550.550.610.91
0.32-0.150.390.20.280.190.01-0.230.34-0.130.36-0.41-0.120.380.250.17-0.11-0.520.220.030.31-0.210.380.190.23
-0.47-0.73-0.65-0.790.33-0.2-0.940.71-0.60.64-0.83-0.150.64-0.7-0.79-0.520.310.55-0.820.33-0.55-0.21-0.7-0.34-0.43
0.370.530.430.77-0.23-0.260.55-0.70.46-0.30.610.36-0.30.330.70.110.07-0.150.66-0.130.550.38-0.7-0.090.54
0.610.350.590.350.50.970.3-0.530.52-0.10.64-0.41-0.10.730.570.52-0.02-0.750.470.20.610.19-0.34-0.090.54
0.630.480.580.660.340.410.28-0.910.560.00.670.030.010.560.810.260.37-0.290.630.270.910.23-0.430.540.54
Click cells to compare fundamentals

ApplyDirect Account Relationship Matchups

ApplyDirect fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0M9.1M14.4M10.8M8.2M6.0M
Short Long Term Debt Total133.9K54.2K3.6M3.7M3.6M3.8M
Other Current Liab977.8K2.0M2.3M3.0M643.3K1.1M
Total Current Liabilities1.3M4.1M5.0M6.3M8.0M8.4M
Total Stockholder Equity1.6M3.7M5.8M894.4K177.0K168.1K
Property Plant And Equipment Net177.4K103.7K262.3K41.7K16.3K15.5K
Net Debt(325.9K)(469.2K)1.6M2.4M3.4M3.6M
Retained Earnings(24.9M)(27.1M)(29.7M)(37.6M)(37.2M)(35.4M)
Accounts Payable195.9K1.1M1.6M1.2M1.4M731.9K
Cash459.7K523.4K2.0M1.2M164.1K155.9K
Non Current Assets Total1.7M6.7M9.5M7.3M6.8M7.1M
Non Currrent Assets Other(1.1M)(3.9M)(3.9M)(2.2M)4.5M4.7M
Cash And Short Term Investments459.7K523.4K2.0M1.2M164.1K155.9K
Net Receivables737.4K1.7M2.7M2.1M1.1M888.9K
Common Stock Shares Outstanding532.1M570.2M628.2M649.8M857.5M900.4M
Liabilities And Stockholders Equity3.0M9.1M14.4M10.8M8.2M6.5M
Non Current Liabilities Total72.3K1.3M3.6M3.6M24.9K23.7K
Other Current Assets33.7K133.3K291.1K297.2K121.4K206.4K
Other Stockholder Equity(1.5M)(2.1M)(1.9M)(31.9K)(28.7K)(27.3K)
Total Liab1.4M5.4M8.6M9.9M8.0M8.4M
Total Current Assets1.2M2.4M5.0M3.6M1.4M1.3M
Accumulated Other Comprehensive Income53.7K1.6M3.9M4.8M3.3M2.0M
Common Stock26.4M29.2M31.6M33.7M34.1M22.5M
Other Liab24.1K1.3M51.5K58.6K67.3K64.0K
Net Tangible Assets78.8K(2.8M)(3.3M)(6.2M)(5.6M)(5.3M)
Other Assets67.7K1.082.3K85K97.8K102.6K
Property Plant Equipment177.4K103.7K262.3K41.7K48.0K81.8K
Short Term Debt85.7K(876.3K)84.0K104K3.6M3.8M
Current Deferred Revenue80.1K492.9K843.1K2.0M1.1M579.7K
Property Plant And Equipment Gross177.4K103.7K262.3K41.7K179.2K110.2K
Net Invested Capital1.6M3.7M9.2M5.7M3.8M4.3M
Net Working Capital(108.7K)(1.7M)(77.0K)(2.0M)(6.6M)(6.3M)
Capital Stock26.4M29.2M31.6M34.0M34.1M33.0M
Intangible Assets1.5M6.5M9.1M7.1M4.5M5.3M

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