Saksoft Other Stockholder Equity vs Current Deferred Revenue Analysis

SAKSOFT Stock   215.92  0.24  0.11%   
Saksoft financial indicator trend analysis is much more than just breaking down Saksoft Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saksoft Limited is a good investment. Please check the relationship between Saksoft Other Stockholder Equity and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saksoft 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 persons.

Other Stockholder Equity vs Current Deferred Revenue

Other Stockholder Equity vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saksoft Limited Other Stockholder Equity account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Saksoft's Other Stockholder Equity and Current Deferred Revenue is -0.07. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Saksoft Limited, assuming nothing else is changed. The correlation between historical values of Saksoft's Other Stockholder Equity and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Saksoft Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Stockholder Equity i.e., Saksoft's Other Stockholder Equity and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Saksoft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saksoft 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Saksoft 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 persons.
At this time, Saksoft's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 14.7 M in 2024, whereas Tax Provision is likely to drop slightly above 174.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense24.6M21.8M35.3M38.9M
Depreciation And Amortization69.4M99.6M119.0M124.9M

Saksoft fundamental ratios Correlations

-0.640.920.990.990.17-0.990.980.99-0.380.980.990.87-0.040.380.010.961.0-0.65-0.210.650.5-0.390.190.990.83
-0.64-0.42-0.62-0.710.180.66-0.53-0.580.02-0.68-0.69-0.490.59-0.25-0.26-0.47-0.680.120.47-0.67-0.730.32-0.54-0.68-0.61
0.92-0.420.950.880.3-0.910.940.94-0.260.890.90.870.220.410.060.980.9-0.67-0.110.450.3-0.17-0.10.890.74
0.99-0.620.950.970.16-0.970.960.99-0.250.950.980.88-0.020.370.070.980.98-0.64-0.170.660.46-0.380.10.960.82
0.99-0.710.880.970.14-0.990.960.98-0.40.990.980.84-0.120.380.010.921.0-0.62-0.250.670.56-0.420.281.00.83
0.170.180.30.160.14-0.130.180.17-0.370.220.160.10.460.7-0.260.240.17-0.2-0.26-0.250.210.250.00.20.13
-0.990.66-0.91-0.97-0.99-0.13-0.99-0.980.37-0.98-0.96-0.890.04-0.35-0.03-0.94-0.980.610.15-0.66-0.460.37-0.21-0.98-0.85
0.98-0.530.940.960.960.18-0.990.98-0.410.960.940.880.070.33-0.020.960.97-0.68-0.070.60.35-0.350.110.960.81
0.99-0.580.940.990.980.17-0.980.98-0.370.960.980.890.020.340.020.980.98-0.67-0.130.650.42-0.380.120.980.83
-0.380.02-0.26-0.25-0.4-0.370.37-0.41-0.37-0.43-0.34-0.28-0.28-0.180.59-0.3-0.380.350.160.03-0.240.21-0.35-0.45-0.33
0.98-0.680.890.950.990.22-0.980.960.96-0.430.960.82-0.070.44-0.030.920.99-0.61-0.330.580.61-0.370.230.990.81
0.99-0.690.90.980.980.16-0.960.940.98-0.340.960.84-0.090.40.020.940.99-0.62-0.230.670.54-0.430.250.980.82
0.87-0.490.870.880.840.1-0.890.880.89-0.280.820.840.290.380.090.890.85-0.330.00.680.24-0.29-0.010.840.95
-0.040.590.22-0.02-0.120.460.040.070.02-0.28-0.07-0.090.290.27-0.230.15-0.080.080.25-0.28-0.430.29-0.52-0.070.2
0.38-0.250.410.370.380.7-0.350.330.34-0.180.440.40.380.27-0.070.370.40.0-0.50.10.52-0.010.120.420.5
0.01-0.260.060.070.01-0.26-0.03-0.020.020.59-0.030.020.09-0.23-0.070.020.010.16-0.020.31-0.030.52-0.07-0.020.06
0.96-0.470.980.980.920.24-0.940.960.98-0.30.920.940.890.150.370.020.94-0.68-0.090.560.34-0.31-0.030.930.79
1.0-0.680.90.981.00.17-0.980.970.98-0.380.990.990.85-0.080.40.010.94-0.63-0.260.640.56-0.40.241.00.82
-0.650.12-0.67-0.64-0.62-0.20.61-0.68-0.670.35-0.61-0.62-0.330.080.00.16-0.68-0.63-0.06-0.14-0.110.21-0.01-0.63-0.18
-0.210.47-0.11-0.17-0.25-0.260.15-0.07-0.130.16-0.33-0.230.00.25-0.5-0.02-0.09-0.26-0.060.1-0.88-0.11-0.13-0.27-0.14
0.65-0.670.450.660.67-0.25-0.660.60.650.030.580.670.68-0.280.10.310.560.64-0.140.10.26-0.50.370.620.75
0.5-0.730.30.460.560.21-0.460.350.42-0.240.610.540.24-0.430.52-0.030.340.56-0.11-0.880.26-0.230.440.570.4
-0.390.32-0.17-0.38-0.420.250.37-0.35-0.380.21-0.37-0.43-0.290.29-0.010.52-0.31-0.40.21-0.11-0.5-0.23-0.3-0.4-0.35
0.19-0.54-0.10.10.280.0-0.210.110.12-0.350.230.25-0.01-0.520.12-0.07-0.030.24-0.01-0.130.370.44-0.30.270.19
0.99-0.680.890.961.00.2-0.980.960.98-0.450.990.980.84-0.070.42-0.020.931.0-0.63-0.270.620.57-0.40.270.82
0.83-0.610.740.820.830.13-0.850.810.83-0.330.810.820.950.20.50.060.790.82-0.18-0.140.750.4-0.350.190.82
Click cells to compare fundamentals

Saksoft Account Relationship Matchups

Saksoft fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.7B4.6B5.7B7.9B8.3B
Short Long Term Debt Total355.7M350.6M206.8M135.3M263.5M335.0M
Other Current Liab133.0M228.1M519.8M642.4M1.7B1.7B
Total Current Liabilities636.3M754.5M1.2B1.4B2.2B2.3B
Total Stockholder Equity2.1B2.6B3.2B4.0B5.1B5.3B
Property Plant And Equipment Net85.0M107.0M287.4M274.5M295.3M235.7M
Net Debt(73.1M)(548.9M)(531.1M)(743.4M)(1.7B)(1.6B)
Cash428.8M899.5M737.9M878.6M1.9B2.0B
Non Current Assets Total1.6B1.7B2.1B2.4B3.7B3.9B
Non Currrent Assets Other22.9M25.6M23.8M29.5M27.9M26.5M
Cash And Short Term Investments483.9M1.0B1.1B1.8B2.1B2.2B
Net Receivables792.9M711.1M1.2B1.4B1.8B1.9B
Common Stock Shares Outstanding104.9M106.9M108.5M108.9M132.0M116.3M
Liabilities And Stockholders Equity3.0B3.7B4.6B5.7B7.9B8.3B
Non Current Liabilities Total335.5M304.8M269.3M223.6M650.3M343.4M
Other Current Assets192.7M194.4M227.0M330.7M329.2M182.0M
Total Liab971.9M1.1B1.4B1.6B2.8B3.0B
Total Current Assets1.5B1.9B2.5B3.3B4.2B4.4B
Accumulated Other Comprehensive Income(278.5M)283.1M287.3M386.3M487.0M511.3M
Short Term Debt77.7M99.9M48.8M(403.7M)67.0M70.3M
Accounts Payable229.5M270.5M295.1M256.8M358.6M271.7M
Short Term Investments55.1M104.6M314.8M896.3M145.0M142.9M
Intangible Assets21.7M3.9M3.4M5.0M4.2M4.0M
Current Deferred Revenue256.4M260.4M484.3M242.9M68.4M64.9M
Retained Earnings1.7B2.1B2.7B3.5B4.3B4.6B
Good Will1.4B1.5B1.7B1.9B3.3B1.7B
Inventory(794.3M)28.8M39.6M(200.8M)(1.6M)(1.7M)
Other Liab36.8M57.6M54.1M111.3M128.0M134.4M
Net Tangible Assets637.1M1.1B1.5B2.1B2.5B2.6B
Other Assets51.7M10K(10K)73.0M5K4.8K
Long Term Debt247.0M200M38.8M0.072.7M69.1M
Short Long Term Debt37.6M65.4M1.6M0.010.8M10.3M
Property Plant Equipment85.0M107.0M287.4M274.5M315.7M331.4M
Long Term Debt Total278.0M250.7M38.8M80.9M72.8M69.2M
Capital Lease Obligations71.1M85.2M166.4M135.3M179.9M188.9M
Net Invested Capital2.3B2.8B3.2B4.0B5.1B3.4B

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