Freshworks Net Working Capital vs Good Will Analysis

FRSH Stock  USD 15.99  0.16  1.01%   
Freshworks financial indicator trend analysis is much more than just examining Freshworks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freshworks is a good investment. Please check the relationship between Freshworks Net Working Capital and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshworks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.

Net Working Capital vs Good Will

Net Working Capital vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freshworks Net Working Capital account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Freshworks' Net Working Capital and Good Will is -0.54. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Good Will in the same time period over historical financial statements of Freshworks, assuming nothing else is changed. The correlation between historical values of Freshworks' Net Working Capital and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Freshworks are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Working Capital i.e., Freshworks' Net Working Capital and Good Will go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Working Capital

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Freshworks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freshworks 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshworks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.The Freshworks' current Enterprise Value is estimated to increase to about 3.7 B, while Tax Provision is projected to decrease to under 11.4 M.
 2021 2022 2023 2024 (projected)
Net Interest Income23.3M12.6M40.0M22.0M
Tax Provision10.5M11.3M15.8M11.4M

Freshworks fundamental ratios Correlations

0.35-0.270.550.370.440.58-0.32-0.56-0.450.30.460.430.320.59-0.90.660.3-0.370.440.270.32-0.360.370.720.34
0.350.590.941.00.80.91-0.91-0.940.660.930.850.831.00.89-0.560.850.97-1.00.920.661.0-1.01.00.531.0
-0.270.590.560.590.720.52-0.28-0.540.690.320.710.730.580.51-0.020.510.74-0.60.640.830.63-0.60.590.280.58
0.550.940.560.940.931.0-0.75-0.960.40.780.950.940.920.99-0.680.940.95-0.940.990.790.94-0.930.940.790.93
0.371.00.590.940.80.91-0.9-0.960.640.920.850.831.00.89-0.610.870.97-1.00.910.680.99-1.01.00.531.0
0.440.80.720.930.80.93-0.48-0.870.310.521.01.00.770.93-0.580.910.9-0.810.940.960.82-0.80.80.840.78
0.580.910.521.00.910.93-0.72-0.940.330.750.950.940.891.0-0.680.940.92-0.910.990.790.92-0.90.910.840.9
-0.32-0.91-0.28-0.75-0.9-0.48-0.720.8-0.65-1.0-0.56-0.53-0.92-0.70.52-0.65-0.780.89-0.71-0.3-0.890.9-0.9-0.27-0.92
-0.56-0.94-0.54-0.96-0.96-0.87-0.940.8-0.44-0.81-0.91-0.89-0.93-0.930.78-0.97-0.950.96-0.92-0.76-0.940.96-0.96-0.67-0.94
-0.450.660.690.40.640.310.33-0.65-0.440.670.360.350.690.30.120.250.64-0.640.440.320.67-0.650.64-0.190.67
0.30.930.320.780.920.520.75-1.0-0.810.670.590.560.940.72-0.490.660.81-0.910.740.330.91-0.910.920.30.93
0.460.850.710.950.851.00.95-0.56-0.910.360.591.00.820.95-0.620.940.93-0.860.960.940.86-0.850.850.820.84
0.430.830.730.940.831.00.94-0.53-0.890.350.561.00.80.94-0.570.920.92-0.840.960.950.85-0.840.830.820.82
0.321.00.580.921.00.770.89-0.92-0.930.690.940.820.80.87-0.540.830.96-0.990.910.631.0-1.01.00.491.0
0.590.890.510.990.890.931.0-0.7-0.930.30.720.950.940.87-0.680.930.91-0.890.980.790.9-0.890.890.860.88
-0.9-0.56-0.02-0.68-0.61-0.58-0.680.520.780.12-0.49-0.62-0.57-0.54-0.68-0.84-0.540.61-0.56-0.46-0.530.6-0.61-0.62-0.56
0.660.850.510.940.870.910.94-0.65-0.970.250.660.940.920.830.93-0.840.89-0.880.90.820.85-0.870.870.780.84
0.30.970.740.950.970.90.92-0.78-0.950.640.810.930.920.960.91-0.540.89-0.980.960.820.98-0.970.970.60.97
-0.37-1.0-0.6-0.94-1.0-0.81-0.910.890.96-0.64-0.91-0.86-0.84-0.99-0.890.61-0.88-0.98-0.92-0.69-0.991.0-1.0-0.54-1.0
0.440.920.640.990.910.940.99-0.71-0.920.440.740.960.960.910.98-0.560.90.96-0.920.830.94-0.920.910.790.92
0.270.660.830.790.680.960.79-0.3-0.760.320.330.940.950.630.79-0.460.820.82-0.690.830.69-0.680.680.720.65
0.321.00.630.940.990.820.92-0.89-0.940.670.910.860.851.00.9-0.530.850.98-0.990.940.69-0.990.990.551.0
-0.36-1.0-0.6-0.93-1.0-0.8-0.90.90.96-0.65-0.91-0.85-0.84-1.0-0.890.6-0.87-0.971.0-0.92-0.68-0.99-1.0-0.53-1.0
0.371.00.590.941.00.80.91-0.9-0.960.640.920.850.831.00.89-0.610.870.97-1.00.910.680.99-1.00.531.0
0.720.530.280.790.530.840.84-0.27-0.67-0.190.30.820.820.490.86-0.620.780.6-0.540.790.720.55-0.530.530.52
0.341.00.580.931.00.780.9-0.92-0.940.670.930.840.821.00.88-0.560.840.97-1.00.920.651.0-1.01.00.52
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Freshworks Account Relationship Matchups

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When determining whether Freshworks offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freshworks' 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 Freshworks Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freshworks Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshworks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 Freshworks. If investors know Freshworks 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 Freshworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.34)
Revenue Per Share
2.295
Quarterly Revenue Growth
0.215
Return On Assets
(0.06)
Return On Equity
(0.09)
The market value of Freshworks is measured differently than its book value, which is the value of Freshworks that is recorded on the company's balance sheet. Investors also form their own opinion of Freshworks' value that differs from its market value or its book value, called intrinsic value, which is Freshworks' 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 Freshworks' market value can be influenced by many factors that don't directly affect Freshworks' 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 Freshworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Freshworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freshworks' 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.