Appfolio Net Tangible Assets vs Accounts Payable Analysis
APPF Stock | USD 240.59 6.29 2.55% |
Appfolio financial indicator trend analysis is way more than just evaluating Appfolio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Appfolio is a good investment. Please check the relationship between Appfolio Net Tangible Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Appfolio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.
Net Tangible Assets vs Accounts Payable
Net Tangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Appfolio Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Appfolio's Net Tangible Assets and Accounts Payable is 0.48. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Appfolio, assuming nothing else is changed. The correlation between historical values of Appfolio's Net Tangible Assets 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 Net Tangible Assets of Appfolio 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 Net Tangible Assets i.e., Appfolio's Net Tangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Accounts Payable
An accounting item on the balance sheet that represents Appfolio 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 Appfolio 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 Appfolio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Appfolio 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 Appfolio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.At this time, Appfolio's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Appfolio's current Enterprise Value Multiple is estimated to increase to 175.94, while Sales General And Administrative To Revenue is projected to decrease to 0.12.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 215.4M | 280.1M | 382.4M | 401.5M | Total Revenue | 359.4M | 471.9M | 620.4M | 651.5M |
Appfolio fundamental ratios Correlations
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Appfolio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Appfolio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 35.6M | 35.7M | 35.7M | 35.0M | 36.4M | 33.3M | |
Total Assets | 260.1M | 389.5M | 408.0M | 381.2M | 408.9M | 237.0M | |
Other Current Liab | 39.7M | 4.5M | 4.9M | 58.9M | 7.7M | 14.4M | |
Total Current Liabilities | 47.5M | 49.8M | 52.6M | 61.3M | 69.8M | 39.1M | |
Total Stockholder Equity | 132.0M | 285.9M | 297.4M | 265.5M | 297.3M | 150.2M | |
Other Liab | 14K | 13.6M | 2.3M | 4.1M | 4.7M | 3.7M | |
Property Plant And Equipment Net | 42.5M | 57M | 72.2M | 49.6M | 47.6M | 30.0M | |
Current Deferred Revenue | 4.6M | 2.3M | 2.5M | (3.4M) | 57.3M | 60.2M | |
Net Debt | 66.1M | (100.1M) | (2.1M) | (20.5M) | (4.8M) | (5.0M) | |
Retained Earnings | (8.0M) | 150.4M | 151.4M | 83.3M | 86.0M | 90.3M | |
Accounts Payable | 1.9M | 1.0M | 1.7M | 2.5M | 1.1M | 1.6M | |
Cash | 15.8M | 140.3M | 57.8M | 70.8M | 49.5M | 46.4M | |
Non Current Assets Total | 198.3M | 190.1M | 249.4M | 179.7M | 136.5M | 123.4M | |
Non Currrent Assets Other | 6.3M | 6.2M | 5.4M | 8.8M | 8.9M | 4.9M | |
Other Assets | 33.9M | 91.2M | 7.1M | 8.8M | 10.1M | 16.9M | |
Cash And Short Term Investments | 38.7M | 168.5M | 122.4M | 160.1M | 211.7M | 222.3M | |
Net Receivables | 7.6M | 10.1M | 12.6M | 16.5M | 20.7M | 21.7M | |
Good Will | 15.5M | 58.4M | 56.1M | 56.1M | 64.5M | 32.9M | |
Liabilities And Stockholders Equity | 260.1M | 389.5M | 408.0M | 381.2M | 408.9M | 237.0M | |
Non Current Liabilities Total | 80.7M | 53.8M | 58.0M | 54.3M | 41.8M | 47.7M | |
Other Current Assets | 15.5M | 20.8M | 23.6M | 24.9M | 39.9M | 41.9M | |
Other Stockholder Equity | 139.9M | 135.5M | 146.2M | 183.9M | 211.2M | 130.9M | |
Total Liab | 128.2M | 103.6M | 110.6M | 115.7M | 111.6M | 86.8M | |
Property Plant And Equipment Gross | 42.5M | 57M | 72.2M | 49.6M | 62.7M | 31.5M | |
Total Current Assets | 61.8M | 199.4M | 158.6M | 201.5M | 272.4M | 286.0M | |
Accumulated Other Comprehensive Income | 33K | 56K | (194K) | (1.7M) | 99K | 104.0K | |
Short Term Debt | 1.2M | 42.1M | 43.5M | 3.4M | 3.6M | 3.4M | |
Intangible Assets | 51.4M | 51.8M | 52.9M | 40.1M | 23.9M | 31.6M | |
Property Plant Equipment | 14.7M | 26.4M | 72.2M | 26.1M | 30.0M | 18.8M | |
Net Tangible Assets | 22.1M | 178.0M | 188.3M | 169.3M | 194.7M | 204.5M | |
Short Term Investments | 22.9M | 28.3M | 64.6M | 89.3M | 162.2M | 170.3M | |
Deferred Long Term Liab | 4.7M | 4.8M | 6M | 7.7M | 8.9M | 9.3M | |
Long Term Investments | 11.3M | 12.1M | 6.8M | 61.1M | 25.2M | 0.0 | |
Retained Earnings Total Equity | (8.0M) | 150.4M | 151.4M | 83.3M | 95.8M | 100.6M | |
Capital Surpluse | 161.5M | 161.2M | 171.9M | 209.7M | 241.2M | 179.2M | |
Non Current Liabilities Other | 7.1M | 33.3M | 56.3M | 4.1M | 697K | 662.2K | |
Net Invested Capital | 180.5M | 285.9M | 297.4M | 265.5M | 297.3M | 244.1M | |
Net Working Capital | 14.3M | 149.5M | 106.0M | 140.1M | 202.6M | 113.5M |
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When determining whether Appfolio is a strong investment it is important to analyze Appfolio's 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 Appfolio's future performance. For an informed investment choice regarding Appfolio Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Appfolio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running Appfolio's price analysis, check to measure Appfolio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Appfolio is operating at the current time. Most of Appfolio's value examination focuses on studying past and present price action to predict the probability of Appfolio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Appfolio's price. Additionally, you may evaluate how the addition of Appfolio to your portfolios can decrease your overall portfolio volatility.
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Is Appfolio's industry 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 Appfolio. If investors know Appfolio 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 Appfolio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Earnings Share 2.12 | Revenue Per Share 18.77 | Quarterly Revenue Growth 0.377 | Return On Assets 0.1072 |
The market value of Appfolio is measured differently than its book value, which is the value of Appfolio that is recorded on the company's balance sheet. Investors also form their own opinion of Appfolio's value that differs from its market value or its book value, called intrinsic value, which is Appfolio's 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 Appfolio's market value can be influenced by many factors that don't directly affect Appfolio's 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 Appfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Appfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Appfolio's 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.