Model Total Current Assets vs Good Will Analysis

MODN Stock  USD 29.78  0.02  0.07%   
Model N financial indicator trend analysis is infinitely more than just investigating Model N recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Model N is a good investment. Please check the relationship between Model N Total Current Assets and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Model N. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Model Stock, please use our How to Invest in Model N guide.

Total Current Assets vs Good Will

Total Current Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Model N Total Current Assets account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Model N's Total Current Assets and Good Will is 0.83. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Model N, assuming nothing else is changed. The correlation between historical values of Model N's Total Current Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Model N are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Assets i.e., Model N's Total Current Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Model N's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Model N 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Model N. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Model Stock, please use our How to Invest in Model N guide.At this time, Model N's Tax Provision is very stable compared to the past year. As of the 17th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.16, while Selling General Administrative is likely to drop about 28.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense14.8M6.6M7.6M4.7M
Depreciation And Amortization9.5M8.2M9.5M5.8M

Model N fundamental ratios Correlations

0.770.710.80.890.75-0.40.50.90.25-0.920.880.680.830.770.630.690.680.760.830.960.630.650.720.890.69
0.770.970.710.770.66-0.110.570.770.29-0.850.710.970.880.940.850.970.970.990.920.730.950.610.980.910.96
0.710.970.550.660.55-0.010.480.690.33-0.770.620.970.80.880.870.980.970.970.850.660.970.610.950.860.97
0.80.710.550.930.69-0.360.670.850.27-0.870.850.580.880.810.490.590.580.690.840.780.560.580.70.80.63
0.890.770.660.930.59-0.340.570.980.49-0.940.860.630.930.810.580.710.630.780.920.810.680.620.760.860.75
0.750.660.550.690.59-0.260.640.54-0.35-0.650.740.660.580.630.460.490.660.570.560.850.410.550.570.670.45
-0.4-0.11-0.01-0.36-0.34-0.260.11-0.34-0.080.4-0.290.01-0.34-0.1-0.14-0.020.01-0.1-0.31-0.420.06-0.040.0-0.38-0.02
0.50.570.480.670.570.640.110.490.01-0.510.720.510.60.620.360.440.510.520.540.470.450.650.560.520.47
0.90.770.690.850.980.54-0.340.490.55-0.930.820.630.910.770.590.730.630.790.910.810.710.610.750.850.77
0.250.290.330.270.49-0.35-0.080.010.55-0.420.210.130.520.30.330.420.130.410.530.070.470.20.340.350.49
-0.92-0.85-0.77-0.87-0.94-0.650.4-0.51-0.93-0.42-0.86-0.74-0.95-0.87-0.69-0.79-0.74-0.86-0.95-0.86-0.75-0.62-0.83-0.96-0.81
0.880.710.620.850.860.74-0.290.720.820.21-0.860.60.820.770.450.590.60.690.790.820.550.790.680.830.61
0.680.970.970.580.630.660.010.510.630.13-0.740.60.750.880.840.951.00.950.80.670.930.560.950.830.93
0.830.880.80.880.930.58-0.340.60.910.52-0.950.820.750.880.710.830.750.890.990.760.80.590.850.930.86
0.770.940.880.810.810.63-0.10.620.770.3-0.870.770.880.880.790.890.880.930.90.710.880.590.970.910.91
0.630.850.870.490.580.46-0.140.360.590.33-0.690.450.840.710.790.870.840.840.760.550.860.380.830.760.85
0.690.970.980.590.710.49-0.020.440.730.42-0.790.590.950.830.890.870.950.980.880.630.990.570.960.860.99
0.680.970.970.580.630.660.010.510.630.13-0.740.61.00.750.880.840.950.950.80.670.930.560.950.830.93
0.760.990.970.690.780.57-0.10.520.790.41-0.860.690.950.890.930.840.980.950.930.710.970.630.980.920.98
0.830.920.850.840.920.56-0.310.540.910.53-0.950.790.80.990.90.760.880.80.930.760.860.590.890.940.91
0.960.730.660.780.810.85-0.420.470.810.07-0.860.820.670.760.710.550.630.670.710.760.550.630.660.830.6
0.630.950.970.560.680.410.060.450.710.47-0.750.550.930.80.880.860.990.930.970.860.550.540.960.820.99
0.650.610.610.580.620.55-0.040.650.610.2-0.620.790.560.590.590.380.570.560.630.590.630.540.60.650.56
0.720.980.950.70.760.570.00.560.750.34-0.830.680.950.850.970.830.960.950.980.890.660.960.60.880.97
0.890.910.860.80.860.67-0.380.520.850.35-0.960.830.830.930.910.760.860.830.920.940.830.820.650.880.86
0.690.960.970.630.750.45-0.020.470.770.49-0.810.610.930.860.910.850.990.930.980.910.60.990.560.970.86
Click cells to compare fundamentals

Model N Account Relationship Matchups

Model N fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding34.0M35.5M36.7M38.1M43.8M28.8M
Total Assets320.3M363.8M392.2M500.1M575.1M603.9M
Short Long Term Debt Total118.0M146.1M152.2M291.5M335.2M352.0M
Other Current Liab22.3M29.7M34.2M23.4M27.0M20.6M
Total Current Liabilities77.7M96.5M106.9M93.5M107.5M70.4M
Total Stockholder Equity124.7M123.5M134.6M115.5M132.8M73.0M
Other Liab1.4M2.3M3.1M4.0M3.6M2.3M
Property Plant And Equipment Net4.4M22.5M17.2M11.1M12.8M8.3M
Current Deferred Revenue50.9M57.4M62.3M61.7M71.0M44.4M
Net Debt(82.5M)(19.4M)(41.3M)(9.8M)(11.3M)(11.9M)
Retained Earnings(226.1M)(255.8M)(284.4M)(296.9M)(267.2M)(253.8M)
Accounts Payable3.0M4.8M5.8M3.9M4.5M2.7M
Cash200.5M165.5M193.5M301.4M346.6M363.9M
Non Current Assets Total73.9M141.5M130.7M116.2M133.6M140.3M
Non Currrent Assets Other5.9M7.9M10.5M9.2M10.6M11.1M
Other Assets5.9M7.9M1K9.2M10.6M11.1M
Long Term Debt114.4M124.3M135.4M280.4M322.4M338.5M
Cash And Short Term Investments200.5M165.5M193.5M301.4M346.6M363.9M
Net Receivables35.8M43.2M49.1M61.8M71.0M74.6M
Liabilities And Stockholders Equity320.3M363.8M392.2M500.1M575.1M603.9M
Non Current Liabilities Total118.0M143.8M150.7M291.2M334.8M351.6M
Inventory2.8M5.2M6.4M6.0M6.9M4.4M
Other Current Assets7.3M8.4M12.5M14.8M17.0M17.8M
Other Stockholder Equity352.0M380.5M421.5M414.6M476.7M500.6M
Total Liab195.6M240.3M257.6M384.6M442.3M464.4M
Property Plant And Equipment Gross4.4M22.5M1.8M11.1M12.8M7.0M
Total Current Assets246.4M222.3M261.5M383.9M441.5M463.6M
Accumulated Other Comprehensive Income(1.2M)(1.2M)(2.4M)(2.2M)(2.0M)(1.9M)
Short Term Debt1.5M4.5M4.7M4.4M5.1M3.5M
Intangible Assets24.4M45.4M37.4M30.2M34.7M21.2M
Property Plant Equipment1.0M22.5M17.2M11.1M12.8M8.0M
Net Tangible Assets61.0M12.5M31.6M19.6M17.7M25.4M
Retained Earnings Total Equity(212.4M)(226.1M)(255.8M)(284.4M)(256.0M)(268.8M)
Capital Surpluse266.3M352.0M380.5M421.5M484.7M285.9M

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When determining whether Model N offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Model N's 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 Model N Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Model N Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Model N. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Model Stock, please use our How to Invest in Model N guide.
Note that the Model N information on this page should be used as a complementary analysis to other Model N's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Model N'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 Model N. If investors know Model 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 Model N listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.02
Revenue Per Share
6.614
Quarterly Revenue Growth
0.04
Return On Assets
(0)
Return On Equity
0.0023
The market value of Model N is measured differently than its book value, which is the value of Model that is recorded on the company's balance sheet. Investors also form their own opinion of Model N's value that differs from its market value or its book value, called intrinsic value, which is Model N'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 Model N's market value can be influenced by many factors that don't directly affect Model N'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 Model N's value and its price as these two are different measures arrived at by different means. Investors typically determine if Model N is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Model N'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.