ANSYS Gross Profit Margin vs Non Current Liabilities Total Analysis

ANSS Stock  USD 333.75  6.71  2.05%   
ANSYS financial indicator trend analysis is way more than just evaluating ANSYS Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANSYS Inc is a good investment. Please check the relationship between ANSYS Gross Profit Margin and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANSYS 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 state.

Gross Profit Margin vs Non Current Liabilities Total

Gross Profit Margin vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANSYS Inc Gross Profit Margin account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ANSYS's Gross Profit Margin and Non Current Liabilities Total is 0.44. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of ANSYS Inc, assuming nothing else is changed. The correlation between historical values of ANSYS's Gross Profit Margin and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of ANSYS Inc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Gross Profit Margin i.e., ANSYS's Gross Profit Margin and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit Margin

Non Current Liabilities Total

Most indicators from ANSYS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANSYS 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ANSYS 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 state.
At this time, ANSYS's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 42.52 in 2024, whereas Tax Provision is likely to drop slightly above 67.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.8B2.0B2.1B
Total Revenue1.9B2.1B2.3B2.4B

ANSYS fundamental ratios Correlations

0.280.651.00.940.60.970.920.340.990.610.340.931.00.060.890.84-0.190.180.960.910.960.490.490.9-0.51
0.280.850.310.010.020.270.4-0.020.2-0.47-0.020.540.260.23-0.10.030.160.070.240.530.250.120.120.39-0.16
0.650.850.690.410.110.620.690.320.57-0.120.330.790.620.430.270.450.160.310.550.860.590.520.530.61-0.58
1.00.310.690.920.550.980.920.360.980.580.360.940.990.090.860.84-0.190.20.950.930.940.510.510.9-0.53
0.940.010.410.920.660.90.870.320.960.760.330.80.94-0.050.970.82-0.190.150.920.770.920.390.390.8-0.39
0.60.020.110.550.660.540.56-0.440.660.44-0.440.620.64-0.40.750.32-0.12-0.170.750.280.74-0.24-0.240.750.27
0.970.270.620.980.90.540.90.350.960.630.350.90.97-0.080.850.81-0.390.130.930.890.880.430.430.9-0.45
0.920.40.690.920.870.560.90.280.90.470.280.920.91-0.020.80.66-0.190.020.860.90.880.370.380.8-0.39
0.34-0.020.320.360.32-0.440.350.280.280.361.00.140.30.430.20.55-0.090.470.130.50.160.850.85-0.01-0.79
0.990.20.570.980.960.660.960.90.280.670.280.91.00.010.930.83-0.20.150.980.850.970.440.440.91-0.45
0.61-0.47-0.120.580.760.440.630.470.360.670.360.320.62-0.270.830.64-0.47-0.050.60.340.560.290.290.45-0.25
0.34-0.020.330.360.33-0.440.350.281.00.280.360.140.30.430.210.55-0.090.470.130.510.170.850.850.0-0.79
0.930.540.790.940.80.620.90.920.140.90.320.140.930.050.730.69-0.10.150.920.910.910.340.350.93-0.37
1.00.260.620.990.940.640.970.910.31.00.620.30.930.040.910.83-0.190.180.970.880.970.460.460.92-0.48
0.060.230.430.09-0.05-0.4-0.08-0.020.430.01-0.270.430.050.04-0.150.220.780.46-0.080.260.110.70.7-0.12-0.76
0.89-0.10.270.860.970.750.850.80.20.930.830.210.730.91-0.150.77-0.250.050.910.650.910.30.30.79-0.29
0.840.030.450.840.820.320.810.660.550.830.640.550.690.830.220.77-0.120.360.770.770.770.630.630.67-0.62
-0.190.160.16-0.19-0.19-0.12-0.39-0.19-0.09-0.2-0.47-0.09-0.1-0.190.78-0.25-0.120.28-0.2-0.10.00.210.21-0.23-0.24
0.180.070.310.20.15-0.170.130.020.470.15-0.050.470.150.180.460.050.360.280.110.30.160.50.50.05-0.46
0.960.240.550.950.920.750.930.860.130.980.60.130.920.97-0.080.910.77-0.20.110.80.960.30.30.97-0.31
0.910.530.860.930.770.280.890.90.50.850.340.510.910.880.260.650.77-0.10.30.80.810.60.610.76-0.65
0.960.250.590.940.920.740.880.880.160.970.560.170.910.970.110.910.770.00.160.960.810.410.410.9-0.42
0.490.120.520.510.39-0.240.430.370.850.440.290.850.340.460.70.30.630.210.50.30.60.411.00.21-0.95
0.490.120.530.510.39-0.240.430.380.850.440.290.850.350.460.70.30.630.210.50.30.610.411.00.22-0.96
0.90.390.610.90.80.750.90.8-0.010.910.450.00.930.92-0.120.790.67-0.230.050.970.760.90.210.22-0.22
-0.51-0.16-0.58-0.53-0.390.27-0.45-0.39-0.79-0.45-0.25-0.79-0.37-0.48-0.76-0.29-0.62-0.24-0.46-0.31-0.65-0.42-0.95-0.96-0.22
Click cells to compare fundamentals

ANSYS Account Relationship Matchups

ANSYS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.9B6.3B6.7B7.3B7.7B
Other Current Liab(89.3M)(42.3M)(33.7M)(36.8M)386.6M405.9M
Total Current Liabilities351.4M372.1M391.5M414.0M889.3M933.8M
Total Stockholder Equity3.5B4.1B4.5B4.9B5.4B5.7B
Property Plant And Equipment Net189.3M234.2M208.8M210.0M194.8M204.5M
Net Debt(448.6M)(114.6M)85.9M139.2M(5.8M)(6.1M)
Retained Earnings3.4B3.8B4.3B4.8B5.3B5.5B
Accounts Payable14.3M18.7M10.9M14.0M22.8M23.9M
Cash872.1M912.7M667.7M614.4M860.2M455.4M
Non Current Assets Total3.5B4.5B5.0B5.3B5.3B5.5B
Non Currrent Assets Other643.0M756.7M838.0M550.2M272.4M168.8M
Cash And Short Term Investments872.4M913.2M668.0M614.6M860.4M462.6M
Net Receivables433.5M537.6M645.9M760.3M1.1B1.2B
Good Will2.4B3.0B3.4B3.7B3.8B4.0B
Common Stock Shares Outstanding85.9M87.3M88.1M87.5M87.4M88.7M
Liabilities And Stockholders Equity4.8B5.9B6.3B6.7B7.3B7.7B
Non Current Liabilities Total1.0B1.5B1.4B1.4B1.0B1.1B
Other Current Assets45.3M44.7M52.4M51.2M48.9M43.2M
Other Stockholder Equity147.1M310.1M280.0M204.7M196.3M329.1M
Total Liab1.4B1.8B1.8B1.8B1.9B991.7M
Property Plant And Equipment Gross189.3M234.2M364.9M368.3M370.2M388.7M
Total Current Assets1.3B1.5B1.3B1.4B2.0B2.2B
Accumulated Other Comprehensive Income(65.4M)(17.8M)(56.1M)(122.7M)(90.3M)(85.8M)
Intangible Assets476.7M694.9M763.1M809.2M835.4M877.2M
Other Assets204.1M253.9M838.0M845.6M972.5M1.0B
Short Term Investments288K479K361K183K189K179.6K
Treasury Stock(1.0B)(1.1B)(1.2B)(1.3B)(1.2B)(1.1B)
Property Plant Equipment83.6M96.5M87.9M80.8M93.0M48.8M
Current Deferred Revenue351.4M372.1M391.5M414.0M457.5M271.3M
Inventory(35.3M)1.0(44.7M)(52.4M)(51.2M)1.05
Other Liab175.1M194.8M203.8M160.9M185.0M98.8M
Short Term Debt8.7M75M23.6M22.8M22.5M12.3M
Net Tangible Assets563.4M364.7M311.7M398.4M458.2M549.1M
Retained Earnings Total Equity3.4B3.8B4.3B4.8B5.5B5.8B
Capital Surpluse1.2B1.4B1.5B1.5B1.8B1.2B

ANSYS Investors Sentiment

The influence of ANSYS's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ANSYS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ANSYS's public news can be used to forecast risks associated with an investment in ANSYS. The trend in average sentiment can be used to explain how an investor holding ANSYS can time the market purely based on public headlines and social activities around ANSYS Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ANSYS's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ANSYS's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ANSYS's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ANSYS.
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 ANSYS 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, ANSYS's short interest history, or implied volatility extrapolated from ANSYS options trading.

Pair Trading with ANSYS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ANSYS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ANSYS will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ANSYS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ANSYS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ANSYS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ANSYS Inc to buy it.
The correlation of ANSYS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ANSYS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ANSYS Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ANSYS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ANSYS Inc is a strong investment it is important to analyze ANSYS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ANSYS's future performance. For an informed investment choice regarding ANSYS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANSYS 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 state.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is ANSYS'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 ANSYS. If investors know ANSYS 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 ANSYS 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
0.066
Earnings Share
5.72
Revenue Per Share
26.142
Quarterly Revenue Growth
0.16
Return On Assets
0.0559
The market value of ANSYS Inc is measured differently than its book value, which is the value of ANSYS that is recorded on the company's balance sheet. Investors also form their own opinion of ANSYS's value that differs from its market value or its book value, called intrinsic value, which is ANSYS'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 ANSYS's market value can be influenced by many factors that don't directly affect ANSYS'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 ANSYS's value and its price as these two are different measures arrived at by different means. Investors typically determine if ANSYS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANSYS'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.