Axway Total Current Liabilities vs Property Plant Equipment Analysis

0P5L Stock   22.50  0.00  0.00%   
Axway Software financial indicator trend analysis is way more than just evaluating Axway Software SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axway Software SA is a good investment. Please check the relationship between Axway Software Total Current Liabilities and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Total Current Liabilities vs Property Plant Equipment

Total Current Liabilities vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axway Software SA Total Current Liabilities account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Axway Software's Total Current Liabilities and Property Plant Equipment is -0.83. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Axway Software SA, assuming nothing else is changed. The correlation between historical values of Axway Software's Total Current Liabilities and Property Plant Equipment 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 Liabilities of Axway Software SA are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Liabilities i.e., Axway Software's Total Current Liabilities and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Axway Software balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Axway Software SA are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant Equipment

Most indicators from Axway Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axway Software SA 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. 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.
Tax Provision is likely to gain to about 7.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 224.6 M in 2024.
 2019 2020 2023 2024 (projected)
Interest Income1.6M3.7M4.3M4.5M
Tax Provision6.8M5.1M4.6M7.2M

Axway Software fundamental ratios Correlations

0.55-0.75-0.79-0.37-0.42-0.47-0.440.640.69-0.38-0.470.470.790.54-0.270.02-0.520.970.51-0.55-0.50.59-0.65-0.840.55
0.55-0.87-0.6-0.84-0.840.0-0.960.950.82-0.89-0.930.910.880.13-0.760.22-0.970.650.97-0.93-0.810.91-0.83-0.340.94
-0.75-0.870.790.670.690.330.8-0.93-0.750.690.82-0.76-0.85-0.450.56-0.010.89-0.83-0.830.860.74-0.950.970.67-0.92
-0.79-0.60.790.660.690.130.64-0.67-0.810.550.59-0.61-0.85-0.160.55-0.090.58-0.83-0.510.640.63-0.720.690.91-0.58
-0.37-0.840.670.661.0-0.390.95-0.78-0.920.960.8-0.95-0.830.30.97-0.530.8-0.49-0.730.850.87-0.780.630.35-0.69
-0.42-0.840.690.691.0-0.360.94-0.79-0.940.960.8-0.96-0.850.260.97-0.540.8-0.54-0.730.860.88-0.790.650.39-0.69
-0.470.00.330.13-0.39-0.36-0.2-0.050.16-0.270.10.190.03-0.72-0.410.340.13-0.36-0.160.110.01-0.220.290.44-0.22
-0.44-0.960.80.640.950.94-0.2-0.9-0.870.950.92-0.96-0.870.090.89-0.340.93-0.56-0.90.930.85-0.880.760.34-0.86
0.640.95-0.93-0.67-0.78-0.79-0.05-0.90.8-0.81-0.810.850.890.34-0.670.09-0.930.770.88-0.87-0.750.92-0.94-0.440.94
0.690.82-0.75-0.81-0.92-0.940.16-0.870.8-0.89-0.760.920.94-0.07-0.870.52-0.770.760.71-0.84-0.870.78-0.68-0.590.67
-0.38-0.890.690.550.960.96-0.270.95-0.81-0.890.85-0.99-0.790.210.97-0.60.88-0.49-0.810.920.93-0.830.680.26-0.76
-0.47-0.930.820.590.80.80.10.92-0.81-0.760.85-0.87-0.780.020.76-0.280.94-0.52-0.960.950.84-0.90.730.39-0.87
0.470.91-0.76-0.61-0.95-0.960.19-0.960.850.92-0.99-0.870.83-0.11-0.950.57-0.910.580.83-0.95-0.950.87-0.74-0.340.8
0.790.88-0.85-0.85-0.83-0.850.03-0.870.890.94-0.79-0.780.830.15-0.710.2-0.80.860.78-0.81-0.740.81-0.77-0.640.77
0.540.13-0.45-0.160.30.26-0.720.090.34-0.070.210.02-0.110.150.4-0.54-0.170.540.14-0.050.10.24-0.51-0.330.33
-0.27-0.760.560.550.970.97-0.410.89-0.67-0.870.970.76-0.95-0.710.4-0.70.75-0.38-0.670.840.9-0.720.530.25-0.6
0.020.22-0.01-0.09-0.53-0.540.34-0.340.090.52-0.6-0.280.570.2-0.54-0.7-0.250.040.16-0.42-0.640.20.00.010.03
-0.52-0.970.890.580.80.80.130.93-0.93-0.770.880.94-0.91-0.8-0.170.75-0.25-0.62-0.970.970.87-0.960.870.37-0.97
0.970.65-0.83-0.83-0.49-0.54-0.36-0.560.770.76-0.49-0.520.580.860.54-0.380.04-0.620.58-0.63-0.580.7-0.77-0.810.66
0.510.97-0.83-0.51-0.73-0.73-0.16-0.90.880.71-0.81-0.960.830.780.14-0.670.16-0.970.58-0.93-0.780.89-0.78-0.310.94
-0.55-0.930.860.640.850.860.110.93-0.87-0.840.920.95-0.95-0.81-0.050.84-0.420.97-0.63-0.930.95-0.950.820.45-0.9
-0.5-0.810.740.630.870.880.010.85-0.75-0.870.930.84-0.95-0.740.10.9-0.640.87-0.58-0.780.95-0.870.710.45-0.75
0.590.91-0.95-0.72-0.78-0.79-0.22-0.880.920.78-0.83-0.90.870.810.24-0.720.2-0.960.70.89-0.95-0.87-0.94-0.550.95
-0.65-0.830.970.690.630.650.290.76-0.94-0.680.680.73-0.74-0.77-0.510.530.00.87-0.77-0.780.820.71-0.940.55-0.92
-0.84-0.340.670.910.350.390.440.34-0.44-0.590.260.39-0.34-0.64-0.330.250.010.37-0.81-0.310.450.45-0.550.55-0.38
0.550.94-0.92-0.58-0.69-0.69-0.22-0.860.940.67-0.76-0.870.80.770.33-0.60.03-0.970.660.94-0.9-0.750.95-0.92-0.38
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Axway Software Account Relationship Matchups

Axway Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets551.1M553.8M568.8M559.3M643.2M614.0M
Short Long Term Debt Total47.8M41.8M62.1M69.4M79.8M56.4M
Total Current Liabilities137.9M130.6M121.4M109.8M98.8M103.1M
Total Stockholder Equity344.1M362.8M362.6M355.5M319.9M288.0M
Retained Earnings11.0M5.4M8.5M9.6M8.6M8.2M
Other Assets22.9M22.8M24.9M23.4M21.1M21.9M
Long Term Debt47.8M41.8M39.2M37.3M33.5M32.2M
Cash And Short Term Investments28.1M35.8M21.1M16.2M14.5M24.5M
Net Receivables85.1M91.5M107.5M119.8M137.7M105.8M
Good Will333.6M344.1M350.0M330.3M379.9M362.3M
Other Stockholder Equity310.2M315.6M305.0M329.2M378.5M271.4M
Total Liab207.0M191.1M206.2M203.9M234.5M218.1M
Total Current Assets131.1M126.2M136.4M158.3M182.0M153.5M
Treasury Stock(621K)(876K)(827K)(714K)(642.6K)(674.7K)
Short Term Debt7K2.1M1.4M290K333.5K316.8K
Intangible Assets48.9M42.3M33.9M23.4M21.0M31.7M
Property Plant Equipment13.4M36.0M44.4M37.8M43.5M29.4M
Other Current Liab84.3M66.4M59.1M59.7M53.7M61.7M
Other Liab11.4M13.6M13.1M13.6M12.3M11.9M
Net Tangible Assets(23.7M)(21.3M)1.8M8.8M10.1M10.6M
Accounts Payable15.4M16.6M13.8M10.9M9.8M11.7M

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