Sangoma Property Plant And Equipment Net vs Accounts Payable Analysis

STC Stock   9.13  0.20  2.24%   
Sangoma Technologies financial indicator trend analysis is much more than just breaking down Sangoma Technologies Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sangoma Technologies Corp is a good investment. Please check the relationship between Sangoma Technologies Property Plant And Equipment Net and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies Corp. 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sangoma Technologies Corp Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sangoma Technologies' Property Plant And Equipment Net and Accounts Payable is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sangoma Technologies Corp, assuming nothing else is changed. The correlation between historical values of Sangoma Technologies' Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Sangoma Technologies Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Sangoma Technologies' Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Sangoma Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sangoma Technologies Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Sangoma Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sangoma Technologies Corp 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 Sangoma Technologies Corp. 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.
At this time, Sangoma Technologies' Selling General Administrative is very stable compared to the past year. As of the 18th of February 2025, Sales General And Administrative To Revenue is likely to grow to 0.26, though Tax Provision is likely to grow to (917.7 K).
 2022 2023 2024 2025 (projected)
Gross Profit172.8M172.8M198.7M208.7M
Total Revenue252.5M247.3M284.4M298.6M

Sangoma Technologies fundamental ratios Correlations

0.960.860.971.00.930.95-0.780.971.00.830.930.970.940.650.980.950.951.00.990.970.770.790.630.960.99
0.960.890.990.940.950.95-0.870.970.950.940.930.980.980.470.980.980.990.940.960.970.660.80.580.980.94
0.860.890.930.810.850.92-0.810.910.850.770.90.850.90.590.910.860.870.870.90.90.350.60.450.890.82
0.970.990.930.940.970.96-0.830.990.960.890.950.970.980.550.990.980.980.960.970.980.630.810.630.990.94
1.00.940.810.940.90.92-0.750.951.00.810.890.960.90.660.960.930.930.990.970.940.820.790.610.941.0
0.930.950.850.970.90.9-0.750.970.920.850.90.930.960.50.950.970.950.910.930.930.670.870.70.960.91
0.950.950.920.960.920.9-0.830.960.950.830.970.930.950.60.980.920.940.960.990.970.610.680.560.950.92
-0.78-0.87-0.81-0.83-0.75-0.75-0.83-0.82-0.77-0.91-0.83-0.88-0.86-0.17-0.81-0.82-0.84-0.76-0.78-0.79-0.46-0.49-0.2-0.86-0.76
0.970.970.910.990.950.970.96-0.820.970.860.960.970.980.580.990.980.960.970.980.970.660.80.630.990.95
1.00.950.850.961.00.920.95-0.770.970.810.920.970.920.670.980.940.941.00.990.960.780.780.620.951.0
0.830.940.770.890.810.850.83-0.910.860.810.820.920.910.170.850.910.940.80.820.860.560.740.460.920.81
0.930.930.90.950.890.90.97-0.830.960.920.820.920.960.540.960.940.90.930.960.940.570.680.560.950.89
0.970.980.850.970.960.930.93-0.880.970.970.920.920.960.480.960.970.970.950.950.950.720.780.530.980.96
0.940.980.90.980.90.960.95-0.860.980.920.910.960.960.450.970.990.960.930.950.950.60.790.60.990.9
0.650.470.590.550.660.50.6-0.170.580.670.170.540.480.450.620.480.470.70.660.620.460.450.560.480.66
0.980.980.910.990.960.950.98-0.810.990.980.850.960.960.970.620.970.970.991.00.990.680.780.640.980.96
0.950.980.860.980.930.970.92-0.820.980.940.910.940.970.990.480.970.970.930.950.960.660.870.680.990.92
0.950.990.870.980.930.950.94-0.840.960.940.940.90.970.960.470.970.970.930.950.980.660.830.620.970.93
1.00.940.870.960.990.910.96-0.760.971.00.80.930.950.930.70.990.930.930.990.970.750.760.620.950.99
0.990.960.90.970.970.930.99-0.780.980.990.820.960.950.950.661.00.950.950.990.980.70.750.630.960.97
0.970.970.90.980.940.930.97-0.790.970.960.860.940.950.950.620.990.960.980.970.980.650.80.660.960.95
0.770.660.350.630.820.670.61-0.460.660.780.560.570.720.60.460.680.660.660.750.70.650.670.560.660.82
0.790.80.60.810.790.870.68-0.490.80.780.740.680.780.790.450.780.870.830.760.750.80.670.880.80.78
0.630.580.450.630.610.70.56-0.20.630.620.460.560.530.60.560.640.680.620.620.630.660.560.880.60.6
0.960.980.890.990.940.960.95-0.860.990.950.920.950.980.990.480.980.990.970.950.960.960.660.80.60.94
0.990.940.820.941.00.910.92-0.760.951.00.810.890.960.90.660.960.920.930.990.970.950.820.780.60.94
Click cells to compare fundamentals

Sangoma Technologies Account Relationship Matchups

Sangoma Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets540.1M498.5M442.7M400.6M460.7M483.8M
Short Long Term Debt Total61.8M89.2M122.6M115.2M132.4M139.1M
Other Current Liab3.6M4.4M17.0M7.8M9.0M9.4M
Total Current Liabilities55.1M78.4M63.2M60.1M69.1M72.6M
Total Stockholder Equity376.0M293.8M266.1M259.7M298.7M313.6M
Current Deferred Revenue7.9M11.4M11.6M10.9M12.5M13.2M
Net Debt67.1M109.9M104M61.6M70.8M74.4M
Retained Earnings7.4M(104.3M)(133.3M)(141.9M)(127.7M)(121.4M)
Accounts Payable22.4M28.6M24.1M21.5M24.7M25.9M
Non Current Assets Total486.8M437.5M381.1M343.5M395.1M414.8M
Other Assets8.2M4.4M8.9M13.9M16.0M16.8M
Net Receivables16.1M25.2M26.9M16.0M18.4M19.4M
Common Stock Shares Outstanding29.2M31.5M33.1M33.3M38.3M40.3M
Liabilities And Stockholders Equity128.7M540.1M498.5M442.7M509.2M534.6M
Inventory11.8M17.4M18.0M14.8M17.0M17.8M
Other Stockholder Equity1.8M200.4M194.2M18.1M20.9M23.7M
Total Liab164.1M204.7M176.6M140.9M162.1M170.2M
Total Current Assets53.3M61.0M61.6M57.1M65.7M69.0M
Short Term Debt14.5M17.0M21.3M20.4M23.5M24.7M
Intangible Assets195.4M194.2M164.0M131.9M151.7M159.3M
Non Current Liabilities Total109.0M126.3M113.4M80.8M92.9M97.6M
Property Plant And Equipment Net21.2M27.2M22.3M18.6M21.3M22.4M
Non Currrent Assets Other853.7K(35.3K)422K466K419.4K329.3K
Cash22.1M12.7M11.2M16.2M18.7M19.6M
Cash And Short Term Investments20.0M22.1M12.7M11.2M12.8M6.9M
Other Current Assets3.3M4.4M4.4M3.9M4.4M4.7M
Accumulated Other Comprehensive Income(506.6K)(14.4M)839K1.3M1.2M1.3M
Good Will32.2M267.3M210.0M187.5M215.6M226.4M
Common Stock47.3M182.5M203.0M379.9M436.9M458.8M
Long Term Debt Total47.3M72.2M101.3M94.7M108.9M114.4M
Capital Surpluse2.4M5.4M15.1M18.1M20.9M21.9M
Property Plant Equipment18.9M21.1M27.2M22.3M25.6M12.9M
Other Liab4.0M36.8M25.0M18.7M21.5M16.3M
Net Tangible Assets(19.7M)(85.3M)(107.6M)(78.8M)(71.0M)(74.5M)
Long Term Debt60.4M86.9M83.1M58.0M66.6M54.1M
Deferred Long Term Liab2.5M1.5M2.9M6.6M7.6M7.9M
Net Invested Capital450.9M398.4M366.9M337.6M388.2M271.1M
Short Long Term Debt12.4M14.5M17.7M19.9M22.9M13.5M
Net Working Capital(1.8M)(17.4M)(1.6M)(3.0M)(2.7M)(2.6M)

Pair Trading with Sangoma Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sangoma Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sangoma Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sangoma Stock

  0.72GOOG Alphabet CDRPairCorr

Moving against Sangoma Stock

  0.49BRK Berkshire Hathaway CDR Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Sangoma Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sangoma Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sangoma Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sangoma Technologies Corp to buy it.
The correlation of Sangoma Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sangoma Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sangoma Technologies Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sangoma Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sangoma Technologies Corp is a strong investment it is important to analyze Sangoma Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sangoma Technologies' future performance. For an informed investment choice regarding Sangoma Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies Corp. 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.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Please note, there is a significant difference between Sangoma Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sangoma Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sangoma Technologies' 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.