Aspen Cost Of Revenue vs Income Before Tax Analysis
AZPN Stock | USD 221.14 0.80 0.36% |
Aspen Technology financial indicator trend analysis is way more than just evaluating Aspen Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aspen Technology is a good investment. Please check the relationship between Aspen Technology Cost Of Revenue and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. 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. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.
Cost Of Revenue vs Income Before Tax
Cost Of Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aspen Technology Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Aspen Technology's Cost Of Revenue and Income Before Tax is -0.8. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Aspen Technology, assuming nothing else is changed. The correlation between historical values of Aspen Technology's Cost Of Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Aspen Technology are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Aspen Technology's Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Aspen Technology income statement and represents the costs associated with goods and services Aspen Technology provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Aspen Technology income statement and is an important metric when analyzing Aspen Technology profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Aspen Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aspen Technology 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 Aspen Technology. 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. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.At this time, Aspen Technology's Selling General Administrative is very stable compared to the past year. As of the 21st of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.31, though Tax Provision is likely to grow to (62.2 M).
2021 | 2023 | 2024 (projected) | Interest Expense | 3.5M | 3.1M | 3.0M | Depreciation And Amortization | 158.0M | 565.1M | 593.4M |
Aspen Technology fundamental ratios Correlations
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Aspen Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aspen Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.5B | 15.0B | 14.5B | 16.7B | 17.5B | |
Short Long Term Debt Total | 467.4M | 329.6M | 352.8M | 68.4M | 78.6M | 131.3M | |
Other Current Liab | 45.4M | 54.0M | 101.0M | 167.8M | 192.9M | 202.6M | |
Total Current Liabilities | 219.8M | 141.5M | 300.9M | 352.4M | 405.3M | 226.8M | |
Total Stockholder Equity | 493.7M | 800.8M | 13.2B | 13.1B | 15.0B | 15.8B | |
Property Plant And Equipment Net | 40.9M | 38.1M | 95.4M | 86.3M | 99.3M | 104.2M | |
Net Debt | 179.6M | (50.2M) | (97.0M) | (172.8M) | (155.6M) | (147.8M) | |
Retained Earnings | 1.5B | 1.8B | 66.4M | (41.4M) | (47.6M) | (45.2M) | |
Accounts Payable | 4.0M | 4.4M | 21.4M | 20.3M | 23.3M | 24.5M | |
Cash | 287.8M | 379.9M | 449.7M | 241.2M | 277.4M | 145.6M | |
Non Current Assets Total | 582.3M | 685.7M | 13.9B | 13.7B | 15.7B | 16.5B | |
Non Currrent Assets Other | 1.8M | 3.5M | 14.2M | 13.5M | 12.1M | 11.5M | |
Cash And Short Term Investments | 287.8M | 379.9M | 449.7M | 241.2M | 277.4M | 159.4M | |
Net Receivables | 344.9M | 361.1M | 556.8M | 552.7M | 635.6M | 667.4M | |
Common Stock Shares Outstanding | 68.7M | 68.5M | 39.8M | 64.6M | 74.3M | 66.6M | |
Liabilities And Stockholders Equity | 1.2B | 1.5B | 15.0B | 14.5B | 16.7B | 17.5B | |
Non Current Liabilities Total | 519.0M | 511.7M | 1.5B | 1.1B | 1.2B | 1.3B | |
Other Current Assets | 15.3M | 12.7M | 53.3M | 27.7M | 31.9M | 21.8M | |
Other Stockholder Equity | (997.1M) | (996.9M) | 13.1B | 13.1B | 15.1B | 15.8B | |
Total Liab | 738.8M | 653.2M | 1.8B | 1.4B | 1.6B | 1.7B | |
Property Plant And Equipment Gross | 40.9M | 38.1M | 95.4M | 86.3M | 99.3M | 104.2M | |
Total Current Assets | 650.2M | 768.3M | 1.0B | 833.1M | 958.0M | 1.0B | |
Accumulated Other Comprehensive Income | (5.3M) | 9.0M | (4.6M) | 2.4M | 2.8M | 2.9M | |
Short Term Debt | 142.0M | 26.8M | 35.2M | 12.9M | 14.9M | 14.1M | |
Intangible Assets | 43.8M | 45.8M | 5.1B | 4.7B | 5.4B | 5.6B | |
Common Stock Total Equity | 10.3M | 10.4M | 10.4M | 10.5M | 12.0M | 8.5M | |
Common Stock | 10.4M | 10.4M | 10.5M | 6K | 6.9K | 6.6K | |
Other Liab | 189.0M | 197.0M | 208.9M | 1.2B | 1.4B | 1.4B | |
Other Assets | 353.5M | 351.2M | 441.9M | 447.4M | 514.5M | 540.2M | |
Treasury Stock | (1.3B) | (1.6B) | (1.8B) | (1.8B) | (1.6B) | (1.6B) | |
Property Plant Equipment | 7.2M | 6.0M | 38.1M | 95.4M | 109.7M | 115.2M | |
Current Deferred Revenue | 28.5M | 56.4M | 143.3M | 151.5M | 174.2M | 127.1M | |
Inventory | 2.3M | 14.6M | (12.4M) | 11.4M | 10.3M | 10.8M | |
Good Will | 137.1M | 159.9M | 8.3B | 8.3B | 9.6B | 10.1B | |
Net Tangible Assets | 280.0M | 318.6M | 595.1M | (210.2M) | (241.8M) | (229.7M) | |
Retained Earnings Total Equity | 305.2M | 1.3B | 1.5B | 1.8B | 2.0B | 2.1B | |
Capital Surpluse | 715.5M | 739.1M | 769.4M | 819.6M | 942.6M | 742.2M | |
Deferred Long Term Liab | 178.6M | 193.9M | 29.1M | 5.5M | 6.3M | 6.0M |
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Is Aspen Technology'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 Aspen Technology. If investors know Aspen 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 Aspen Technology 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 (0.63) | Earnings Share (0.42) | Revenue Per Share 17.259 | Quarterly Revenue Growth 0.21 | Return On Assets (0.01) |
The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen Technology'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 Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen Technology'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 Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Technology'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.