Appfolio Total Current Liabilities vs Cash And Short Term Investments Analysis

APPF Stock

USD 246.88 2.99 1.20%

Appfolio financial indicator trend analysis is way more than just evaluating Appfolio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Appfolio is a good investment. Please check the relationship between Appfolio Total Current Liabilities and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Appfolio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.

Total Current Liabilities vs Cash And Short Term Investments

Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Appfolio Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Appfolio's Total Current Liabilities and Cash And Short Term Investments is 0.84. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Appfolio, assuming nothing else is changed. The correlation between historical values of Appfolio's Total Current Liabilities and Cash And Short Term Investments 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 Appfolio are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Appfolio's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Appfolio balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Appfolio 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Appfolio balance sheet. This account contains Appfolio investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Appfolio fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Appfolio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Appfolio 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 Appfolio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.At this time, Appfolio's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Appfolio's current Enterprise Value Multiple is estimated to increase to 175.94, while Sales General And Administrative To Revenue is projected to decrease to 0.12.

	2021	2022	2023	2024 (projected)
Gross Profit	215.4M	280.1M	382.4M	401.5M
Total Revenue	359.4M	471.9M	620.4M	651.5M

Gross Profit Total Revenue

Appfolio fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.71	0.44	0.76	0.74	0.25	0.62	0.27	-0.03	0.48	0.53	0.52	0.69	0.67	0.37	0.61	0.61	0.63	0.82	-0.25	0.61	0.86	0.3	0.62	0.61	0.35
Total Assets	0.71		0.51	0.97	0.98	0.48	0.96	0.32	-0.16	0.89	0.47	0.75	0.93	0.88	0.54	0.85	0.84	0.96	0.74	0.07	0.84	0.82	0.68	0.97	0.85	0.51
Other Current Liab	0.44	0.51		0.58	0.44	0.04	0.44	-0.06	0.28	0.29	0.6	0.3	0.53	0.7	0.15	0.37	0.47	0.57	0.41	0.27	0.41	0.51	0.58	0.41	0.38	-0.23
Total Current Liabilities	0.76	0.97	0.58		0.96	0.36	0.9	0.4	-0.02	0.8	0.54	0.64	0.89	0.9	0.45	0.84	0.87	0.95	0.78	0.02	0.86	0.88	0.66	0.93	0.85	0.35
Total Stockholder Equity	0.74	0.98	0.44	0.96		0.47	0.92	0.32	-0.21	0.85	0.48	0.74	0.91	0.83	0.52	0.84	0.82	0.9	0.83	-0.11	0.81	0.87	0.53	0.94	0.84	0.56
Other Liab	0.25	0.48	0.04	0.36	0.47		0.39	0.06	-0.81	0.56	-0.1	0.91	0.31	0.49	0.77	0.55	0.32	0.38	0.26	0.13	0.35	0.29	0.33	0.38	0.51	0.46
Property Plant And Equipment Net	0.62	0.96	0.44	0.9	0.92	0.39		0.21	-0.08	0.92	0.44	0.68	0.97	0.76	0.56	0.74	0.76	0.95	0.62	0.19	0.76	0.69	0.72	0.99	0.75	0.62
Current Deferred Revenue	0.27	0.32	-0.06	0.4	0.32	0.06	0.21		0.12	0.34	0.05	0.07	0.14	0.33	0.01	0.67	0.71	0.31	0.32	-0.12	0.75	0.38	0.16	0.31	0.69	-0.19
Net Debt	-0.03	-0.16	0.28	-0.02	-0.21	-0.81	-0.08	0.12		-0.31	0.19	-0.68	0.02	-0.05	-0.5	-0.29	-0.02	0.02	-0.04	0.19	-0.03	-0.02	0.13	-0.07	-0.23	-0.51
Retained Earnings	0.48	0.89	0.29	0.8	0.85	0.56	0.92	0.34	-0.31		0.3	0.77	0.83	0.7	0.59	0.85	0.81	0.86	0.45	0.26	0.81	0.55	0.71	0.92	0.84	0.61
Accounts Payable	0.53	0.47	0.6	0.54	0.48	-0.1	0.44	0.05	0.19	0.3		0.23	0.54	0.49	0.11	0.34	0.43	0.45	0.55	-0.11	0.4	0.43	0.26	0.42	0.36	0.07
Cash	0.52	0.75	0.3	0.64	0.74	0.91	0.68	0.07	-0.68	0.77	0.23		0.64	0.71	0.78	0.72	0.54	0.64	0.51	0.12	0.56	0.54	0.5	0.66	0.69	0.59
Non Current Assets Total	0.69	0.93	0.53	0.89	0.91	0.31	0.97	0.14	0.02	0.83	0.54	0.64		0.76	0.55	0.67	0.71	0.93	0.71	0.12	0.71	0.74	0.66	0.94	0.69	0.58
Non Currrent Assets Other	0.67	0.88	0.7	0.9	0.83	0.49	0.76	0.33	-0.05	0.7	0.49	0.71	0.76		0.42	0.8	0.8	0.86	0.68	0.22	0.8	0.79	0.74	0.79	0.81	0.14
Other Assets	0.37	0.54	0.15	0.45	0.52	0.77	0.56	0.01	-0.5	0.59	0.11	0.78	0.55	0.42		0.44	0.3	0.57	0.35	0.19	0.35	0.32	0.43	0.53	0.42	0.56
Cash And Short Term Investments	0.61	0.85	0.37	0.84	0.84	0.55	0.74	0.67	-0.29	0.85	0.34	0.72	0.67	0.8	0.44		0.96	0.76	0.64	0.0	0.96	0.74	0.54	0.78	1.0	0.29
Net Receivables	0.61	0.84	0.47	0.87	0.82	0.32	0.76	0.71	-0.02	0.81	0.43	0.54	0.71	0.8	0.3	0.96		0.8	0.63	0.05	0.99	0.74	0.59	0.8	0.97	0.16
Good Will	0.63	0.96	0.57	0.95	0.9	0.38	0.95	0.31	0.02	0.86	0.45	0.64	0.93	0.86	0.57	0.76	0.8		0.64	0.25	0.81	0.74	0.8	0.97	0.78	0.39
Common Stock Total Equity	0.82	0.74	0.41	0.78	0.83	0.26	0.62	0.32	-0.04	0.45	0.55	0.51	0.71	0.68	0.35	0.64	0.63	0.64		-0.48	0.64	0.92	0.14	0.63	0.64	0.34
Non Current Liabilities Total	-0.25	0.07	0.27	0.02	-0.11	0.13	0.19	-0.12	0.19	0.26	-0.11	0.12	0.12	0.22	0.19	0.0	0.05	0.25	-0.48		0.07	-0.31	0.77	0.17	0.02	-0.13
Other Current Assets	0.61	0.84	0.41	0.86	0.81	0.35	0.76	0.75	-0.03	0.81	0.4	0.56	0.71	0.8	0.35	0.96	0.99	0.81	0.64	0.07		0.73	0.6	0.8	0.98	0.19
Other Stockholder Equity	0.86	0.82	0.51	0.88	0.87	0.29	0.69	0.38	-0.02	0.55	0.43	0.54	0.74	0.79	0.32	0.74	0.74	0.74	0.92	-0.31	0.73		0.33	0.72	0.74	0.29
Total Liab	0.3	0.68	0.58	0.66	0.53	0.33	0.72	0.16	0.13	0.71	0.26	0.5	0.66	0.74	0.43	0.54	0.59	0.8	0.14	0.77	0.6	0.33		0.72	0.55	0.12
Property Plant And Equipment Gross	0.62	0.97	0.41	0.93	0.94	0.38	0.99	0.31	-0.07	0.92	0.42	0.66	0.94	0.79	0.53	0.78	0.8	0.97	0.63	0.17	0.8	0.72	0.72		0.79	0.56
Total Current Assets	0.61	0.85	0.38	0.85	0.84	0.51	0.75	0.69	-0.23	0.84	0.36	0.69	0.69	0.81	0.42	1.0	0.97	0.78	0.64	0.02	0.98	0.74	0.55	0.79		0.27
Short Term Debt	0.35	0.51	-0.23	0.35	0.56	0.46	0.62	-0.19	-0.51	0.61	0.07	0.59	0.58	0.14	0.56	0.29	0.16	0.39	0.34	-0.13	0.19	0.29	0.12	0.56	0.27

Click cells to compare fundamentals

Appfolio Account Relationship Matchups

Appfolio fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	35.6M	35.7M	35.7M	35.0M	36.4M	33.3M
Total Assets	260.1M	389.5M	408.0M	381.2M	408.9M	237.0M
Other Current Liab	39.7M	4.5M	4.9M	58.9M	7.7M	14.4M
Total Current Liabilities	47.5M	49.8M	52.6M	61.3M	69.8M	39.1M
Total Stockholder Equity	132.0M	285.9M	297.4M	265.5M	297.3M	150.2M
Other Liab	14K	13.6M	2.3M	4.1M	4.7M	3.7M
Property Plant And Equipment Net	42.5M	57M	72.2M	49.6M	47.6M	30.0M
Current Deferred Revenue	4.6M	2.3M	2.5M	(3.4M)	57.3M	60.2M
Net Debt	66.1M	(100.1M)	(2.1M)	(20.5M)	(4.8M)	(5.0M)
Retained Earnings	(8.0M)	150.4M	151.4M	83.3M	86.0M	90.3M
Accounts Payable	1.9M	1.0M	1.7M	2.5M	1.1M	1.6M
Cash	15.8M	140.3M	57.8M	70.8M	49.5M	46.4M
Non Current Assets Total	198.3M	190.1M	249.4M	179.7M	136.5M	123.4M
Non Currrent Assets Other	6.3M	6.2M	5.4M	8.8M	8.9M	4.9M
Other Assets	33.9M	91.2M	7.1M	8.8M	10.1M	16.9M
Cash And Short Term Investments	38.7M	168.5M	122.4M	160.1M	211.7M	222.3M
Net Receivables	7.6M	10.1M	12.6M	16.5M	20.7M	21.7M
Good Will	15.5M	58.4M	56.1M	56.1M	64.5M	32.9M
Liabilities And Stockholders Equity	260.1M	389.5M	408.0M	381.2M	408.9M	237.0M
Non Current Liabilities Total	80.7M	53.8M	58.0M	54.3M	41.8M	47.7M
Other Current Assets	15.5M	20.8M	23.6M	24.9M	39.9M	41.9M
Other Stockholder Equity	139.9M	135.5M	146.2M	183.9M	211.2M	130.9M
Total Liab	128.2M	103.6M	110.6M	115.7M	111.6M	86.8M
Property Plant And Equipment Gross	42.5M	57M	72.2M	49.6M	62.7M	31.5M
Total Current Assets	61.8M	199.4M	158.6M	201.5M	272.4M	286.0M
Accumulated Other Comprehensive Income	33K	56K	(194K)	(1.7M)	99K	104.0K
Short Term Debt	1.2M	42.1M	43.5M	3.4M	3.6M	3.4M
Intangible Assets	51.4M	51.8M	52.9M	40.1M	23.9M	31.6M
Property Plant Equipment	14.7M	26.4M	72.2M	26.1M	30.0M	18.8M
Net Tangible Assets	22.1M	178.0M	188.3M	169.3M	194.7M	204.5M
Short Term Investments	22.9M	28.3M	64.6M	89.3M	162.2M	170.3M
Deferred Long Term Liab	4.7M	4.8M	6M	7.7M	8.9M	9.3M
Long Term Investments	11.3M	12.1M	6.8M	61.1M	25.2M	0.0
Retained Earnings Total Equity	(8.0M)	150.4M	151.4M	83.3M	95.8M	100.6M
Capital Surpluse	161.5M	161.2M	171.9M	209.7M	241.2M	179.2M
Non Current Liabilities Other	7.1M	33.3M	56.3M	4.1M	697K	662.2K
Net Invested Capital	180.5M	285.9M	297.4M	265.5M	297.3M	244.1M
Net Working Capital	14.3M	149.5M	106.0M	140.1M	202.6M	113.5M

Pair Trading with Appfolio

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 Appfolio 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 Appfolio will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Appfolio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Appfolio 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 Appfolio - 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 Appfolio to buy it.

The correlation of Appfolio 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 Appfolio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Appfolio 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 Appfolio 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 Correlation Correlation Matching

When determining whether Appfolio is a strong investment it is important to analyze Appfolio'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 Appfolio's future performance. For an informed investment choice regarding Appfolio Stock, refer to the following important reports:

How To Invest In Appfolio

Details

Is Appfolio Stock a good investment?

Details

What is Appfolio's Net Worth?

Details

Largest Application Software Companies

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Largest Software - Application Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Appfolio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Appfolio Stock analysis

When running Appfolio's price analysis, check to measure Appfolio'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 Appfolio is operating at the current time. Most of Appfolio's value examination focuses on studying past and present price action to predict the probability of Appfolio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Appfolio's price. Additionally, you may evaluate how the addition of Appfolio to your portfolios can decrease your overall portfolio volatility.

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Is Appfolio'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 Appfolio. If investors know Appfolio 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 Appfolio 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

(0.89)

Earnings Share

2.1

Revenue Per Share

18.77

Quarterly Revenue Growth

0.377

Return On Assets

0.1072

The market value of Appfolio is measured differently than its book value, which is the value of Appfolio that is recorded on the company's balance sheet. Investors also form their own opinion of Appfolio's value that differs from its market value or its book value, called intrinsic value, which is Appfolio'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 Appfolio's market value can be influenced by many factors that don't directly affect Appfolio'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 Appfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Appfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Appfolio'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.

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Appfolio Total Current Liabilities vs Cash And Short Term Investments Analysis

Total Current Liabilities vs Cash And Short Term Investments

Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Cash And Short Term Investments

Appfolio fundamental ratios Correlations

Appfolio Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Appfolio fundamental ratios Accounts

Pair Trading with Appfolio

Complementary Tools for Appfolio Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Other Current Assets	+ 0.99	Net Receivables
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Other Current Assets
Total Current Liabilities	+ 0.97	Total Assets

Net Debt	- 0.81	Other Liab
Cash	- 0.68	Net Debt
Short Term Debt	- 0.51	Net Debt
Other Assets	- 0.5	Net Debt
Non Current Liabilities Total	- 0.48	Common Stock Total Equity
Other Stockholder Equity	- 0.31	Non Current Liabilities Total