Autodesk Intangible Assets vs Other Current Assets Analysis
ADSK Stock | USD 221.21 0.78 0.35% |
Autodesk financial indicator trend analysis is way more than just evaluating Autodesk prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autodesk is a good investment. Please check the relationship between Autodesk Intangible Assets and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autodesk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Autodesk Stock please use our How to buy in Autodesk Stock guide.
Intangible Assets vs Other Current Assets
Intangible Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autodesk Intangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Autodesk's Intangible Assets and Other Current Assets is 0.87. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Autodesk, assuming nothing else is changed. The correlation between historical values of Autodesk's Intangible Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Autodesk are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Intangible Assets i.e., Autodesk's Intangible Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Autodesk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autodesk 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 Autodesk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Autodesk Stock please use our How to buy in Autodesk Stock guide.At this time, Autodesk's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 45.62 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.11.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.0B | 4.5B | 4.9B | 5.2B | Total Revenue | 4.4B | 5.0B | 5.5B | 5.8B |
Autodesk fundamental ratios Correlations
Click cells to compare fundamentals
Autodesk Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Autodesk fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.2B | 7.3B | 8.6B | 9.4B | 9.9B | 10.4B | |
Short Long Term Debt Total | 2.5B | 2.1B | 3.1B | 2.7B | 2.6B | 1.5B | |
Other Current Liab | 461.6M | 559.9M | 589M | 610M | 684M | 718.2M | |
Total Current Liabilities | 3.2B | 3.3B | 4.0B | 4B | 4.4B | 4.6B | |
Total Stockholder Equity | (139.1M) | 965.5M | 849.1M | 1.1B | 1.9B | 1.9B | |
Property Plant And Equipment Net | 600.5M | 609.5M | 467M | 389M | 345M | 362.3M | |
Net Debt | 769.9M | 332.4M | 1.5B | 719M | 734M | 770.7M | |
Retained Earnings | (2.3B) | (1.5B) | (2.0B) | (2.0B) | (1.7B) | (1.6B) | |
Cash | 1.8B | 1.8B | 1.5B | 1.9B | 1.9B | 2.0B | |
Non Current Assets Total | 3.5B | 4.6B | 5.8B | 6.1B | 6.3B | 6.6B | |
Non Currrent Assets Other | 347.2M | 412.9M | 492.3M | 560M | 602M | 632.1M | |
Cash And Short Term Investments | 1.8B | 1.9B | 1.8B | 2.1B | 2.2B | 2.4B | |
Net Receivables | 652.3M | 643.1M | 716.1M | 961M | 876M | 919.8M | |
Common Stock Shares Outstanding | 222.5M | 222.1M | 222M | 218M | 216M | 245.0M | |
Liabilities And Stockholders Equity | 6.2B | 7.3B | 8.6B | 9.4B | 9.9B | 10.4B | |
Non Current Liabilities Total | 3.1B | 3.1B | 3.7B | 4.3B | 3.7B | 3.9B | |
Other Current Assets | 163.3M | 198.9M | 283.6M | 308M | 457M | 479.9M | |
Other Stockholder Equity | 138.9M | (125.9M) | (124M) | (185M) | (166.5M) | (158.2M) | |
Total Liab | 6.3B | 6.3B | 7.8B | 8.3B | 8.1B | 8.5B | |
Property Plant And Equipment Gross | 600.5M | 609.5M | 467M | 389M | 447.4M | 469.7M | |
Total Current Assets | 2.7B | 2.7B | 2.8B | 3.3B | 3.6B | 3.8B | |
Accumulated Other Comprehensive Income | (160.3M) | (125.9M) | (124M) | (185M) | (234M) | (222.3M) | |
Short Term Debt | 497.8M | 71.4M | 436.3M | 85M | 67M | 109.9M | |
Accounts Payable | 83.7M | 122.5M | 120.8M | 102M | 100M | 68.7M | |
Intangible Assets | 70.9M | 88.6M | 493.8M | 407M | 406M | 426.3M | |
Other Liab | 1.1B | 1.0B | 1.1B | 1.7B | 2.0B | 2.1B | |
Other Assets | 267.4M | 1.1B | 1.2B | 1.6B | 1.8B | 1.9B | |
Good Will | 2.4B | 2.7B | 3.6B | 3.6B | 3.7B | 3.8B | |
Common Stock Total Equity | 2.3B | 2.6B | 2.9B | 3.3B | 3.8B | 4.0B | |
Short Term Investments | 69M | 85M | 235.7M | 125M | 354M | 254.9M | |
Common Stock | 2.3B | 2.6B | 2.9B | 3.3B | 3.8B | 4.0B | |
Property Plant Equipment | 161.7M | 609.5M | 467M | 144M | 165.6M | 156.2M | |
Current Deferred Revenue | 2.2B | 2.5B | 2.9B | 3.2B | 3.5B | 3.7B | |
Net Tangible Assets | (1.8B) | (1.9B) | (3.2B) | (1.2B) | (1.1B) | (1.0B) | |
Long Term Debt | 1.6B | 1.6B | 2.3B | 2.3B | 2.6B | 2.8B | |
Retained Earnings Total Equity | (2.3B) | (1.5B) | (2.0B) | (2.0B) | (1.8B) | (1.7B) | |
Deferred Long Term Liab | 82.5M | 11.4M | 29.4M | 32M | 28.8M | 27.4M | |
Non Current Liabilities Other | 550.6M | 139.8M | 148.9M | 139M | 125.1M | 185.4M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autodesk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Autodesk Stock please use our How to buy in Autodesk Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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When running Autodesk's price analysis, check to measure Autodesk'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 Autodesk is operating at the current time. Most of Autodesk's value examination focuses on studying past and present price action to predict the probability of Autodesk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autodesk's price. Additionally, you may evaluate how the addition of Autodesk to your portfolios can decrease your overall portfolio volatility.
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Is Autodesk'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 Autodesk. If investors know Autodesk 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 Autodesk 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 (0.03) | Earnings Share 4.18 | Revenue Per Share 25.687 | Quarterly Revenue Growth 0.115 | Return On Assets 0.0729 |
The market value of Autodesk is measured differently than its book value, which is the value of Autodesk that is recorded on the company's balance sheet. Investors also form their own opinion of Autodesk's value that differs from its market value or its book value, called intrinsic value, which is Autodesk'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 Autodesk's market value can be influenced by many factors that don't directly affect Autodesk'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 Autodesk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autodesk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autodesk'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.