ON24 Total Stockholder Equity vs Net Receivables Analysis
ONTF Stock | USD 6.51 0.05 0.77% |
ON24 financial indicator trend analysis is much more than just breaking down ON24 Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ON24 Inc is a good investment. Please check the relationship between ON24 Total Stockholder Equity and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON24 Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Total Stockholder Equity vs Net Receivables
Total Stockholder Equity vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ON24 Inc Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ON24's Total Stockholder Equity and Net Receivables is 0.82. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of ON24 Inc, assuming nothing else is changed. The correlation between historical values of ON24's Total Stockholder Equity and Net Receivables 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 Stockholder Equity of ON24 Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., ON24's Total Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Receivables
Most indicators from ON24's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ON24 Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON24 Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. The ON24's current Tax Provision is estimated to increase to about 1.4 M, while Selling General Administrative is projected to decrease to roughly 33.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 464K | 181K | 93K | 88.4K | Depreciation And Amortization | 4.1M | 7.9M | 20.9M | 22.0M |
ON24 fundamental ratios Correlations
Click cells to compare fundamentals
ON24 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ON24 fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 68.5M | 156.7M | 480.5M | 425.5M | 280.3M | 265.1M | |
Short Long Term Debt Total | 24.1M | 28.1M | 4.0M | 9.3M | 5.4M | 5.1M | |
Other Current Liab | 11.4M | 17.4M | 18.7M | 18.5M | 16.9M | 17.3M | |
Total Current Liabilities | 58.9M | 116.8M | 120.1M | 110.7M | 96.1M | 101.3M | |
Total Stockholder Equity | (17.4M) | 10.2M | 355.1M | 308.0M | 180.2M | 146.1M | |
Other Liab | 3.9M | 4.0M | 3.3M | 1.7M | 1.5M | 2.7M | |
Net Tangible Assets | (171.2M) | (143.7M) | 355.1M | 306.0M | 351.9M | 369.5M | |
Property Plant And Equipment Net | 5.4M | 9.1M | 8.8M | 12.8M | 8.4M | 9.2M | |
Current Deferred Revenue | 44.4M | 92.2M | 96.2M | 83.5M | 74.4M | 78.1M | |
Net Debt | 5.2M | (30.2M) | (161.0M) | (17.7M) | (47.8M) | (50.2M) | |
Retained Earnings | (192.0M) | (171.3M) | (195.5M) | (253.7M) | (305.5M) | (320.8M) | |
Accounts Payable | 2.1M | 4.7M | 3.1M | 4.6M | 1.9M | 3.4M | |
Cash | 18.8M | 58.2M | 164.9M | 27.0M | 53.2M | 60.4M | |
Non Current Assets Total | 14.3M | 29.3M | 31.4M | 34.2M | 38.9M | 28.2M | |
Non Currrent Assets Other | 8.8M | 20.1M | 22.6M | 19.4M | 29.3M | 18.4M | |
Other Assets | 8.9M | 20.2M | 22.6M | 19.4M | 22.3M | 15.7M | |
Cash And Short Term Investments | 23.8M | 61.2M | 382.6M | 328.1M | 198.7M | 184.0M | |
Net Receivables | 22.6M | 48.6M | 46.1M | 43.8M | 37.9M | 39.8M | |
Short Term Investments | 5M | 3M | 217.6M | 301.1M | 145.5M | 123.6M | |
Liabilities And Stockholders Equity | 68.5M | 156.7M | 480.5M | 425.5M | 280.3M | 265.1M | |
Non Current Liabilities Total | 27.0M | 29.7M | 5.3M | 6.8M | 4M | 3.8M | |
Other Current Assets | 2.2M | 7.1M | 8.5M | 6.3M | 4.7M | 5.7M | |
Other Stockholder Equity | 20.8M | 27.5M | 70.4M | 562.6M | 485.3M | 509.6M | |
Total Liab | 85.9M | 146.5M | 125.4M | 117.5M | 100.1M | 119.0M | |
Net Invested Capital | (147.1M) | (115.6M) | 359.1M | 308.0M | 180.2M | 189.2M | |
Property Plant And Equipment Gross | 5.4M | 9.1M | 33.1M | 12.8M | 41.1M | 43.1M | |
Total Current Assets | 54.2M | 127.5M | 449.1M | 391.3M | 241.4M | 236.9M | |
Accumulated Other Comprehensive Income | (2K) | 94K | (235K) | (872K) | 435K | 456.8K | |
Non Current Liabilities Other | 323K | 4.0M | 3.3M | 6.8M | 1.5M | 3.0M | |
Net Working Capital | (4.7M) | 10.7M | 328.9M | 280.6M | 157.7M | 138.0M | |
Short Term Debt | 1.0M | 2.4M | 2.0M | 4.2M | 2.9M | 2.5M | |
Property Plant Equipment | 5.4M | 9.1M | 8.8M | 12.8M | 14.7M | 9.2M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ON24 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ON24's short interest history, or implied volatility extrapolated from ON24 options trading.
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON24 Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. 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 ON24's price analysis, check to measure ON24'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 ON24 is operating at the current time. Most of ON24's value examination focuses on studying past and present price action to predict the probability of ON24's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ON24's price. Additionally, you may evaluate how the addition of ON24 to your portfolios can decrease your overall portfolio volatility.
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Is ON24'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 ON24. If investors know ON24 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 ON24 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.05) | Revenue Per Share 3.671 | Quarterly Revenue Growth (0.12) | Return On Assets (0.09) | Return On Equity (0.19) |
The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24'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 ON24's market value can be influenced by many factors that don't directly affect ON24'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 ON24's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON24'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.