Tenable Investments vs Stock Based Compensation Analysis
TENB Stock | USD 43.00 0.21 0.49% |
Tenable Holdings financial indicator trend analysis is much more than just breaking down Tenable Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tenable Holdings is a good investment. Please check the relationship between Tenable Holdings Investments and its Stock Based Compensation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenable Holdings. 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. For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.
Investments vs Stock Based Compensation
Investments vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tenable Holdings Investments account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tenable Holdings' Investments and Stock Based Compensation is -0.13. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Tenable Holdings, assuming nothing else is changed. The correlation between historical values of Tenable Holdings' Investments and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Tenable Holdings are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Investments i.e., Tenable Holdings' Investments and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from Tenable Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tenable Holdings 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 Tenable Holdings. 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. For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.At present, Tenable Holdings' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.18, whereas Selling General Administrative is forecasted to decline to about 76.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 434.7M | 528.4M | 615.1M | 343.9M | Total Revenue | 541.1M | 683.2M | 798.7M | 426.6M |
Tenable Holdings fundamental ratios Correlations
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Tenable Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tenable Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 558.6M | 690.6M | 1.2B | 1.4B | 1.6B | 1.7B | |
Common Stock Shares Outstanding | 96.0M | 101.0M | 106.4M | 111.3M | 115.4M | 93.2M | |
Other Current Liab | 46.4M | 32.7M | 57.8M | 57.5M | 72.1M | 42.0M | |
Total Current Liabilities | 327.6M | 374.9M | 483.9M | 584.2M | 675.8M | 410.8M | |
Total Stockholder Equity | 98.9M | 150.7M | 215.3M | 270.9M | 346.3M | 363.7M | |
Other Liab | 91.4M | 110.5M | 129.9M | 169.9M | 195.4M | 106.9M | |
Net Tangible Assets | 29.3M | 83.1M | (117.8M) | (121.0M) | (139.2M) | (146.1M) | |
Property Plant And Equipment Net | 69.7M | 78.3M | 75.4M | 85.2M | 80.3M | 59.3M | |
Current Deferred Revenue | 274.3M | 328.8M | 407.5M | 502.1M | 580.8M | 350.6M | |
Net Debt | (28.5M) | (119.9M) | 144.1M | 119.5M | 176.2M | 185.0M | |
Retained Earnings | (565.1M) | (607.9M) | (654.5M) | (746.8M) | (825.0M) | (866.3M) | |
Accounts Payable | 1.7M | 5.7M | 16.3M | 18.7M | 16.9M | 17.8M | |
Cash | 74.4M | 178.2M | 278M | 300.9M | 237.1M | 178.1M | |
Non Current Assets Total | 195.7M | 206.8M | 499.4M | 582.4M | 801.4M | 841.5M | |
Non Currrent Assets Other | 56.3M | 60.8M | 90.9M | 105.2M | 86.2M | 67.1M | |
Other Assets | 56.3M | 100.3M | 90.9M | 105.2M | 121.0M | 69.5M | |
Cash And Short Term Investments | 212.3M | 291.8M | 512.3M | 567.4M | 474.0M | 330.4M | |
Net Receivables | 94.8M | 115.3M | 136.6M | 187.3M | 220.1M | 125.0M | |
Good Will | 54.1M | 54.4M | 261.6M | 316.5M | 518.5M | 544.5M | |
Common Stock Total Equity | 986K | 1.0M | 1.1M | 1.1M | 1.3M | 885.0K | |
Liabilities And Stockholders Equity | 558.6M | 690.6M | 1.2B | 1.4B | 1.6B | 862.8M | |
Non Current Liabilities Total | 132.1M | 165.0M | 549.6M | 584.5M | 584.7M | 379.1M | |
Capital Surpluse | 663.0M | 757.5M | 869.1M | 1.0B | 1.2B | 616.9M | |
Other Current Assets | 55.9M | 76.6M | 100.5M | 102.4M | 111.4M | 74.6M | |
Other Stockholder Equity | 663.0M | 757.5M | 869.1M | 1.0B | 1.2B | 641.4M | |
Total Liab | 459.7M | 539.9M | 1.0B | 1.2B | 1.3B | 789.9M | |
Deferred Long Term Liab | 43.8M | 46.7M | 59.6M | 67.2M | 77.3M | 45.6M | |
Property Plant And Equipment Gross | 69.7M | 38.9M | 75.4M | 85.2M | 124.8M | 131.0M | |
Total Current Assets | 363.0M | 483.8M | 749.4M | 857.2M | 805.5M | 530.0M | |
Accumulated Other Comprehensive Income | 50K | 10K | (306K) | (1.4M) | 38K | 39.9K | |
Non Current Liabilities Other | 2.6M | 165.0M | 6.5M | 7.4M | 7.6M | 7.3M | |
Short Term Debt | 5.2M | 7.6M | 2.3M | 5.8M | 8.6M | 7.4M | |
Intangible Assets | 15.5M | 13.2M | 71.5M | 75.4M | 107.0M | 112.4M | |
Common Stock | 986K | 1.0M | 1.1M | 1.1M | 1.2M | 936.0K | |
Property Plant Equipment | 69.7M | 38.9M | 75.4M | 85.2M | 98.0M | 49.0M | |
Net Invested Capital | 98.9M | 150.7M | 580.0M | 632.8M | 705.6M | 740.9M | |
Net Working Capital | 35.3M | 108.9M | 265.6M | 273.0M | 129.6M | 139.2M | |
Short Long Term Debt Total | 45.9M | 58.3M | 422.1M | 420.4M | 413.3M | 251.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tenable Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenable Holdings' 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 Tenable Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenable Holdings Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenable Holdings. 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. For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Systems 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 Tenable Holdings. If investors know Tenable 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 Tenable Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Revenue Per Share 7.435 | Quarterly Revenue Growth 0.127 | Return On Assets (0.01) | Return On Equity (0.16) |
The market value of Tenable Holdings is measured differently than its book value, which is the value of Tenable that is recorded on the company's balance sheet. Investors also form their own opinion of Tenable Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tenable Holdings' 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 Tenable Holdings' market value can be influenced by many factors that don't directly affect Tenable Holdings' 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 Tenable Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenable Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenable Holdings' 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.