Aspen Historical Cash Flow
| AZPN Stock | USD 198.19 1.11 0.56% |
Analysis of Aspen Technology cash flow over time is an excellent tool to project Aspen Technology future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Begin Period Cash Flow of 543 M or Depreciation of 593.4 M as it is a great indicator of Aspen Technology ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Aspen Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Aspen Technology is a good buy for the upcoming year.
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About Aspen Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Aspen balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Aspen's non-liquid assets can be easily converted into cash.
Aspen Technology Cash Flow Chart
Aspen Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Aspen Technology Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, Aspen Technology's Exchange Rate Changes is very stable compared to the past year. As of the 23rd of April 2024, Cash And Cash Equivalents Changes is likely to grow to about 111.2 M, though Change In Cash is likely to grow to (227.8 M). Add Fundamental
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by Aspen Technology to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Aspen Technology operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Aspen Technology's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 Exchange Rate Changes is very stable compared to the past year. As of the 23rd of April 2024, Cash And Cash Equivalents Changes is likely to grow to about 111.2 M, though Change In Cash is likely to grow to (227.8 M).
Aspen Technology cash flow statement Correlations
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Aspen Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aspen Technology cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 215.9M | 92.1M | 424.0M | (208.5M) | (239.8M) | (227.8M) | |
| Free Cash Flow | 241.8M | 273.8M | 224.2M | 292.3M | 336.1M | 352.9M | |
| Change In Working Capital | (58.9M) | (122.8M) | 96.7M | (28.1M) | (25.3M) | (24.0M) | |
| Begin Period Cash Flow | 71.9M | 287.8M | 25.7M | 449.7M | 517.2M | 543.0M | |
| Other Cashflows From Financing Activities | 420.0M | (10.4M) | 6.0B | (44.5M) | (51.2M) | (48.6M) | |
| Depreciation | 9.6M | 10.3M | 158.0M | 491.4M | 565.1M | 593.4M | |
| Other Non Cash Items | 13.6M | 23.0M | 2.4M | 51.7M | 46.6M | 48.9M | |
| Capital Expenditures | 1.4M | 2.4M | 6.2M | 6.9M | 6.2M | 5.8M | |
| Total Cash From Operating Activities | 243.3M | 276.1M | 230.4M | 299.2M | 344.1M | 361.3M | |
| Net Income | 225.7M | 319.8M | 41.9M | (107.8M) | (123.9M) | (117.7M) | |
| Total Cash From Financing Activities | 49.4M | (165.1M) | 6.0B | (383.8M) | (441.3M) | (419.3M) | |
| End Period Cash Flow | 287.8M | 379.9M | 449.7M | 241.2M | 277.4M | 145.6M | |
| Stock Based Compensation | 31.5M | 33.6M | 16.1M | 84.9M | 97.6M | 102.5M | |
| Change To Liabilities | 39.7M | (10.3M) | 16.5M | (1.7M) | (1.5M) | (1.4M) | |
| Change To Account Receivables | (12.3M) | (2.1M) | 87.4M | (25.5M) | (23.0M) | (21.8M) | |
| Total Cashflows From Investing Activities | (7.7M) | (76.2M) | (19.8M) | (7.4B) | (6.7B) | (6.4B) | |
| Sale Purchase Of Stock | (152.4M) | (45.6M) | (1.7M) | (100M) | (90M) | (94.5M) | |
| Change To Inventory | (61.7M) | (12.1M) | (136.8M) | (27.7M) | (24.9M) | (26.2M) | |
| Change Receivables | 4.3M | (6.6M) | (12.9M) | (2.1M) | (1.9M) | (1.8M) | |
| Net Borrowings | 50M | 207.6M | (135.2M) | (8.0M) | (7.2M) | (6.8M) | |
| Exchange Rate Changes | 114K | (360K) | (620K) | 838K | 963.7K | 1.0M | |
| Cash And Cash Equivalents Changes | (5.8M) | (24.2M) | 215.9M | 92.1M | 105.9M | 111.2M | |
| Cash Flows Other Operating | 3.8M | (66.2M) | (46.5M) | (137.2M) | (123.5M) | (117.3M) | |
| Other Cashflows From Investing Activities | (7.2M) | (74.6M) | (17.4M) | (737.3K) | (663.6K) | (696.8K) | |
| Change To Netincome | 557K | 64.6M | 59.9M | (75.5M) | (68.0M) | (64.6M) | |
| Investments | (324K) | (1.1M) | (32K) | (107.3M) | (96.6M) | (91.8M) | |
| Change To Operating Activities | (6.9M) | (18.4M) | (23.5M) | (25.8M) | (23.2M) | (22.0M) | |
| Issuance Of Capital Stock | 9.0M | 26.1M | 37.3M | 36.7M | 42.2M | 26.4M |
Aspen Technology Investors Sentiment
The influence of Aspen Technology'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 Aspen. 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 Aspen Technology's public news can be used to forecast risks associated with an investment in Aspen. The trend in average sentiment can be used to explain how an investor holding Aspen can time the market purely based on public headlines and social activities around Aspen Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Aspen Technology'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 Aspen Technology'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 Aspen Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aspen Technology.
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 Aspen Technology 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, Aspen Technology's short interest history, or implied volatility extrapolated from Aspen Technology options trading.
Pair Trading with Aspen Technology
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 Aspen Technology 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 Aspen Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Aspen Stock
| 0.62 | BL | Blackline Financial Report 2nd of May 2024 | PairCorr |
Moving against Aspen Stock
| 0.62 | QH | QuhuoLtd | PairCorr |
| 0.6 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.55 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.54 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.51 | ZI | ZoomInfo Technologies Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Aspen Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Technology 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 Aspen Technology - 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 Aspen Technology to buy it.
The correlation of Aspen Technology 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 Aspen Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Technology 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 Aspen Technology 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.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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Aspen Stock analysis
When running Aspen Technology's price analysis, check to measure Aspen Technology'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 Aspen Technology is operating at the current time. Most of Aspen Technology's value examination focuses on studying past and present price action to predict the probability of Aspen Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspen Technology's price. Additionally, you may evaluate how the addition of Aspen Technology to your portfolios can decrease your overall portfolio volatility.
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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 (1.36) | Revenue Per Share 16.424 | Quarterly Revenue Growth 0.059 | 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.