Aspen Property Plant Equipment vs Capital Surpluse Analysis

AZPN Stock  USD 213.88  7.42  3.35%   
Aspen Technology financial indicator trend analysis is way more than just evaluating Aspen Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aspen Technology is a good investment. Please check the relationship between Aspen Technology Property Plant Equipment and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. 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.
To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.

Property Plant Equipment vs Capital Surpluse

Property Plant Equipment vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aspen Technology Property Plant Equipment account and Capital Surpluse. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aspen Technology's Property Plant Equipment and Capital Surpluse is 0.66. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Aspen Technology, assuming nothing else is changed. The correlation between historical values of Aspen Technology's Property Plant Equipment and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Aspen Technology are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Property Plant Equipment i.e., Aspen Technology's Property Plant Equipment and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Capital Surpluse

Most indicators from Aspen Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aspen Technology 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 Aspen Technology. 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.
To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.At this time, Aspen Technology's Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.31, though Tax Provision is likely to grow to (62.2 M).
 2021 2023 2024 (projected)
Interest Expense3.5M3.1M3.0M
Depreciation And Amortization158.0M565.1M593.4M

Aspen Technology fundamental ratios Correlations

-0.030.940.131.00.97-0.36-0.20.990.391.00.480.340.9-0.270.950.520.990.960.970.86-0.41.00.2-0.91.0
-0.03-0.09-0.01-0.050.160.510.74-0.010.58-0.05-0.380.560.27-0.070.240.03-0.120.220.160.380.38-0.050.370.230.0
0.94-0.090.210.940.91-0.23-0.060.950.250.940.330.170.9-0.180.860.260.920.90.910.81-0.230.920.24-0.790.95
0.13-0.010.210.110.10.02-0.140.210.090.13-0.520.06-0.010.380.04-0.020.130.250.10.00.540.140.650.10.16
1.0-0.050.940.110.97-0.37-0.210.980.381.00.490.330.89-0.270.950.521.00.950.970.86-0.411.00.18-0.90.99
0.970.160.910.10.97-0.29-0.040.960.530.970.390.480.93-0.270.980.470.940.981.00.93-0.370.960.25-0.830.97
-0.360.51-0.230.02-0.37-0.290.71-0.29-0.27-0.37-0.27-0.36-0.08-0.3-0.22-0.43-0.43-0.22-0.29-0.220.73-0.37-0.10.33-0.31
-0.20.74-0.06-0.14-0.21-0.040.71-0.150.25-0.22-0.360.170.22-0.180.02-0.46-0.31-0.02-0.040.20.48-0.240.150.31-0.15
0.99-0.010.950.210.980.96-0.29-0.150.360.990.410.30.89-0.280.940.450.970.960.960.84-0.30.980.22-0.870.99
0.390.580.250.090.380.53-0.270.250.360.37-0.090.980.470.020.570.420.340.540.530.69-0.170.380.52-0.190.38
1.0-0.050.940.131.00.97-0.37-0.220.990.370.490.330.89-0.270.950.521.00.950.970.85-0.41.00.18-0.91.0
0.48-0.380.33-0.520.490.39-0.27-0.360.41-0.090.49-0.110.32-0.730.410.450.520.280.390.23-0.650.5-0.66-0.80.44
0.340.560.170.060.330.48-0.360.170.30.980.33-0.110.40.120.510.450.30.480.480.65-0.240.330.54-0.130.33
0.90.270.9-0.010.890.93-0.080.220.890.470.890.320.4-0.280.940.340.840.910.930.95-0.220.870.27-0.730.91
-0.27-0.07-0.180.38-0.27-0.27-0.3-0.18-0.280.02-0.27-0.730.12-0.28-0.33-0.1-0.25-0.23-0.27-0.170.12-0.280.680.58-0.26
0.950.240.860.040.950.98-0.220.020.940.570.950.410.510.94-0.330.540.920.970.980.95-0.340.950.25-0.830.96
0.520.030.26-0.020.520.47-0.43-0.460.450.420.520.450.450.34-0.10.540.560.490.470.44-0.440.550.16-0.510.49
0.99-0.120.920.131.00.94-0.43-0.310.970.341.00.520.30.84-0.250.920.560.930.940.81-0.451.00.16-0.910.98
0.960.220.90.250.950.98-0.22-0.020.960.540.950.280.480.91-0.230.970.490.930.980.92-0.210.950.36-0.780.97
0.970.160.910.10.971.0-0.29-0.040.960.530.970.390.480.93-0.270.980.470.940.980.93-0.370.960.25-0.830.97
0.860.380.810.00.860.93-0.220.20.840.690.850.230.650.95-0.170.950.440.810.920.93-0.290.840.38-0.660.87
-0.40.38-0.230.54-0.41-0.370.730.48-0.3-0.17-0.4-0.65-0.24-0.220.12-0.34-0.44-0.45-0.21-0.37-0.29-0.40.270.52-0.35
1.0-0.050.920.141.00.96-0.37-0.240.980.381.00.50.330.87-0.280.950.551.00.950.960.84-0.40.18-0.910.99
0.20.370.240.650.180.25-0.10.150.220.520.18-0.660.540.270.680.250.160.160.360.250.380.270.180.210.22
-0.90.23-0.790.1-0.9-0.830.330.31-0.87-0.19-0.9-0.8-0.13-0.730.58-0.83-0.51-0.91-0.78-0.83-0.660.52-0.910.21-0.88
1.00.00.950.160.990.97-0.31-0.150.990.381.00.440.330.91-0.260.960.490.980.970.970.87-0.350.990.22-0.88
Click cells to compare fundamentals

Aspen Technology Account Relationship Matchups

Aspen Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.5B15.0B14.5B16.7B17.5B
Short Long Term Debt Total467.4M329.6M352.8M68.4M78.6M131.3M
Other Current Liab45.4M54.0M101.0M167.8M192.9M202.6M
Total Current Liabilities219.8M141.5M300.9M352.4M405.3M226.8M
Total Stockholder Equity493.7M800.8M13.2B13.1B15.0B15.8B
Property Plant And Equipment Net40.9M38.1M95.4M86.3M99.3M104.2M
Net Debt179.6M(50.2M)(97.0M)(172.8M)(155.6M)(147.8M)
Retained Earnings1.5B1.8B66.4M(41.4M)(47.6M)(45.2M)
Accounts Payable4.0M4.4M21.4M20.3M23.3M24.5M
Cash287.8M379.9M449.7M241.2M277.4M145.6M
Non Current Assets Total582.3M685.7M13.9B13.7B15.7B16.5B
Non Currrent Assets Other1.8M3.5M14.2M13.5M12.1M11.5M
Cash And Short Term Investments287.8M379.9M449.7M241.2M277.4M159.4M
Net Receivables344.9M361.1M556.8M552.7M635.6M667.4M
Common Stock Shares Outstanding68.7M68.5M39.8M64.6M74.3M66.6M
Liabilities And Stockholders Equity1.2B1.5B15.0B14.5B16.7B17.5B
Non Current Liabilities Total519.0M511.7M1.5B1.1B1.2B1.3B
Other Current Assets15.3M12.7M53.3M27.7M31.9M21.8M
Other Stockholder Equity(997.1M)(996.9M)13.1B13.1B15.1B15.8B
Total Liab738.8M653.2M1.8B1.4B1.6B1.7B
Property Plant And Equipment Gross40.9M38.1M95.4M86.3M99.3M104.2M
Total Current Assets650.2M768.3M1.0B833.1M958.0M1.0B
Accumulated Other Comprehensive Income(5.3M)9.0M(4.6M)2.4M2.8M2.9M
Short Term Debt142.0M26.8M35.2M12.9M14.9M14.1M
Intangible Assets43.8M45.8M5.1B4.7B5.4B5.6B
Common Stock Total Equity10.3M10.4M10.4M10.5M12.0M8.5M
Common Stock10.4M10.4M10.5M6K6.9K6.6K
Other Liab189.0M197.0M208.9M1.2B1.4B1.4B
Other Assets353.5M351.2M441.9M447.4M514.5M540.2M
Treasury Stock(1.3B)(1.6B)(1.8B)(1.8B)(1.6B)(1.6B)
Property Plant Equipment7.2M6.0M38.1M95.4M109.7M115.2M
Current Deferred Revenue28.5M56.4M143.3M151.5M174.2M127.1M
Inventory2.3M14.6M(12.4M)11.4M10.3M10.8M
Good Will137.1M159.9M8.3B8.3B9.6B10.1B
Net Tangible Assets280.0M318.6M595.1M(210.2M)(241.8M)(229.7M)
Retained Earnings Total Equity305.2M1.3B1.5B1.8B2.0B2.1B
Capital Surpluse715.5M739.1M769.4M819.6M942.6M742.2M
Deferred Long Term Liab178.6M193.9M29.1M5.5M6.3M6.0M

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When determining whether Aspen Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aspen Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Technology Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. 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.
To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Aspen Technology'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 Aspen Technology. If investors know Aspen 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 Aspen Technology 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
(0.63)
Earnings Share
(0.43)
Revenue Per Share
17.259
Quarterly Revenue Growth
0.21
Return On Assets
(0.01)
The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen Technology'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 Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen Technology'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 Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Technology'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.