Aptech Total Stockholder Equity vs Non Current Assets Total Analysis

APTECHT Stock   184.65  4.11  2.18%   
Aptech financial indicator trend analysis is way more than just evaluating Aptech Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aptech Limited is a good investment. Please check the relationship between Aptech Total Stockholder Equity and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aptech Limited Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aptech's Total Stockholder Equity and Non Current Assets Total is 0.77. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Aptech Limited, assuming nothing else is changed. The correlation between historical values of Aptech's Total Stockholder Equity and Non Current Assets Total 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 Stockholder Equity of Aptech Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Aptech's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Aptech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aptech Limited 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 Aptech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Tax Provision is likely to gain to about 118.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 205.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.8M1.4M13.9M12.2M
Depreciation And Amortization83.0M65.0M83.6M98.1M

Aptech fundamental ratios Correlations

-0.190.550.650.71-0.3-0.440.250.480.30.75-0.080.30.41-0.13-0.120.630.390.60.8-0.4-0.580.620.140.880.56
-0.19-0.46-0.610.280.26-0.03-0.330.050.77-0.51-0.330.320.22-0.040.45-0.570.04-0.58-0.670.60.58-0.260.2-0.52-0.55
0.55-0.460.50.26-0.20.020.07-0.02-0.180.86-0.1-0.13-0.190.04-0.170.820.20.490.66-0.12-0.530.74-0.170.650.32
0.65-0.610.5-0.070.07-0.020.770.11-0.420.640.21-0.24-0.160.34-0.390.79-0.130.990.91-0.58-0.340.24-0.090.650.78
0.710.280.26-0.07-0.53-0.56-0.420.520.770.38-0.290.580.7-0.560.190.090.64-0.130.22-0.04-0.50.580.30.570.04
-0.30.26-0.20.07-0.530.190.55-0.05-0.19-0.14-0.170.11-0.340.930.18-0.12-0.470.18-0.180.340.81-0.27-0.25-0.43-0.2
-0.44-0.030.02-0.02-0.560.190.07-0.97-0.45-0.390.65-0.76-0.770.27-0.530.23-0.610.02-0.150.390.4-0.32-0.7-0.41-0.08
0.25-0.330.070.77-0.420.550.070.05-0.410.30.2-0.19-0.370.72-0.310.45-0.380.820.5-0.440.22-0.25-0.160.150.66
0.480.05-0.020.110.52-0.05-0.970.050.450.4-0.640.810.74-0.120.56-0.180.540.090.19-0.33-0.320.310.660.390.07
0.30.77-0.18-0.420.77-0.19-0.45-0.410.45-0.08-0.410.60.56-0.390.47-0.330.47-0.45-0.340.270.00.080.41-0.04-0.26
0.75-0.510.860.640.38-0.14-0.390.30.4-0.08-0.250.180.070.09-0.10.740.350.630.79-0.44-0.580.710.040.820.55
-0.08-0.33-0.10.21-0.29-0.170.650.2-0.64-0.41-0.25-0.58-0.450.01-0.710.34-0.470.210.17-0.110.03-0.34-0.6-0.030.31
0.30.32-0.13-0.240.580.11-0.76-0.190.810.60.18-0.580.74-0.010.57-0.360.47-0.23-0.080.14-0.050.380.310.19-0.29
0.410.22-0.19-0.160.7-0.34-0.77-0.370.740.560.07-0.450.74-0.470.48-0.370.47-0.210.06-0.09-0.390.380.520.38-0.13
-0.13-0.040.040.34-0.560.930.270.72-0.12-0.390.090.01-0.01-0.47-0.030.19-0.480.450.120.190.64-0.13-0.39-0.20.04
-0.120.45-0.17-0.390.190.18-0.53-0.310.560.47-0.1-0.710.570.48-0.03-0.520.24-0.38-0.410.370.10.070.63-0.28-0.55
0.63-0.570.820.790.09-0.120.230.45-0.18-0.330.740.34-0.36-0.370.19-0.52-0.040.790.83-0.32-0.430.43-0.360.640.65
0.390.040.2-0.130.64-0.47-0.61-0.380.540.470.35-0.470.470.47-0.480.24-0.04-0.180.08-0.11-0.490.460.60.39-0.02
0.6-0.580.490.99-0.130.180.020.820.09-0.450.630.21-0.23-0.210.45-0.380.79-0.180.88-0.53-0.250.22-0.140.590.75
0.8-0.670.660.910.22-0.18-0.150.50.19-0.340.790.17-0.080.060.12-0.410.830.080.88-0.57-0.580.56-0.120.890.72
-0.40.6-0.12-0.58-0.040.340.39-0.44-0.330.27-0.44-0.110.14-0.090.190.37-0.32-0.11-0.53-0.570.520.04-0.21-0.54-0.81
-0.580.58-0.53-0.34-0.50.810.40.22-0.320.0-0.580.03-0.05-0.390.640.1-0.43-0.49-0.25-0.580.52-0.56-0.26-0.74-0.42
0.62-0.260.740.240.58-0.27-0.32-0.250.310.080.71-0.340.380.38-0.130.070.430.460.220.560.04-0.560.00.76-0.02
0.140.2-0.17-0.090.3-0.25-0.7-0.160.660.410.04-0.60.310.52-0.390.63-0.360.6-0.14-0.12-0.21-0.260.00.04-0.06
0.88-0.520.650.650.57-0.43-0.410.150.39-0.040.82-0.030.190.38-0.2-0.280.640.390.590.89-0.54-0.740.760.040.57
0.56-0.550.320.780.04-0.2-0.080.660.07-0.260.550.31-0.29-0.130.04-0.550.65-0.020.750.72-0.81-0.42-0.02-0.060.57
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Aptech Account Relationship Matchups

Aptech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B2.2B3.1B4.8B4.1B3.3B
Other Current Liab232.3M222.6M271.9M668.5M1.1B1.2B
Total Current Liabilities781.0M523.6M983.2M2.2B1.4B698.4M
Total Stockholder Equity2.6B1.7B2.1B2.6B2.6B2.5B
Property Plant And Equipment Net175.4M109.7M120.0M200.4M230.3M207.4M
Net Debt231.4M(151.5M)(534.8M)(704.9M)(92.5M)(97.1M)
Accounts Payable169.1M164.4M266.6M789.0M238.1M201.5M
Cash46.6M157.2M536.6M774.2M177.2M168.4M
Non Current Assets Total2.0B832.3M977.7M1.5B1.0B1.6B
Cash And Short Term Investments77.3M440.8M842.6M1.9B1.7B1.8B
Net Receivables910.6M720.7M842.3M563.8M497.7M570.4M
Common Stock Shares Outstanding57.0M57.4M57.6M58.1M58.0M47.9M
Liabilities And Stockholders Equity3.4B2.2B3.1B4.8B4.1B3.3B
Non Current Liabilities Total39.7M25.9M24.9M84.1M95.0M78.6M
Inventory19.3M16.5M12.5M11.8M12.2M20.5M
Other Current Assets506.2M139.6M431.7M906.3M839.5M881.5M
Other Stockholder Equity958.0M1.0B1.1B1.2B1.1B1.2B
Total Liab820.7M549.5M1.0B2.3B1.5B801.1M
Total Current Assets1.5B1.4B2.1B3.3B3.1B1.7B
Accumulated Other Comprehensive Income407.3M(721.2M)(811.3M)(824.0M)(999.1M)(949.2M)
Short Term Debt262.5M(132.7M)(441.3M)(647.8M)14.8M15.6M
Intangible Assets128.2M75.1M72.9M55.1M86.3M95.9M
Common Stock402.5M406.7M413.5M414.1M579.9M469.3M
Non Currrent Assets Other171.6M371.0M700.1M1.2B104.5M99.2M
Retained Earnings826.0M947.5M1.3B1.8B1.9B1.1B
Short Term Investments30.7M283.6M306.1M1.1B200M282.8M
Other Liab22.6M24.3M24.2M24.9M28.7M24.7M
Net Tangible Assets2.6B2.5B1.6B2.0B1.8B1.8B
Other Assets326.5M(1K)520.4M416.2M478.6M349.0M
Property Plant Equipment175.4M109.7M120.0M200.4M180.4M136.1M
Current Deferred Revenue346.8M465.4M443.0M657.3M867.4M910.7M
Capital Surpluse958.0M1.0B1.1B1.2B1.3B1.1B
Net Invested Capital2.8B1.7B2.1B2.6B2.6B2.0B
Net Working Capital672.6M600.1M1.1B1.1B1.7B1.1B
Capital Stock402.5M406.7M413.5M414.1M579.9M479.5M

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