Radware Total Current Assets vs Other Assets Analysis

RDWR Stock  USD 18.56  0.31  1.64%   
Radware financial indicator trend analysis is much more than just breaking down Radware prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radware is a good investment. Please check the relationship between Radware Total Current Assets and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Radware Stock, please use our How to Invest in Radware guide.

Total Current Assets vs Other Assets

Total Current Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radware Total Current Assets account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Radware's Total Current Assets and Other Assets is 0.69. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Radware, assuming nothing else is changed. The correlation between historical values of Radware's Total Current Assets and Other 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 Total Current Assets of Radware are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Assets i.e., Radware's Total Current Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Assets

Most indicators from Radware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radware 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Radware Stock, please use our How to Invest in Radware guide.As of 06/08/2024, Tax Provision is likely to grow to about 5.6 M, while Selling General Administrative is likely to drop slightly above 22.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit234.1M239.5M209.6M132.0M
Total Revenue286.5M293.4M261.3M162.3M

Radware fundamental ratios Correlations

0.840.840.920.92-0.390.870.260.70.830.850.630.760.780.60.690.820.880.780.970.660.80.610.920.590.68
0.840.960.680.85-0.510.940.040.770.630.790.390.50.920.30.40.950.790.850.830.850.930.860.740.590.6
0.840.960.670.83-0.450.930.030.70.590.830.350.540.970.330.420.990.840.870.840.940.990.920.780.660.58
0.920.680.670.76-0.40.750.460.590.860.670.80.90.550.770.90.630.720.520.910.440.620.360.820.320.61
0.920.850.830.76-0.280.890.040.690.750.820.420.530.840.340.450.840.830.860.880.680.790.690.820.660.54
-0.39-0.51-0.45-0.4-0.28-0.470.02-0.86-0.14-0.47-0.31-0.35-0.33-0.59-0.32-0.4-0.5-0.16-0.53-0.42-0.43-0.31-0.49-0.16-0.49
0.870.940.930.750.89-0.470.110.720.670.790.510.530.90.390.450.920.80.840.890.830.910.810.780.610.55
0.260.040.030.460.040.020.11-0.120.56-0.150.780.63-0.070.480.6-0.01-0.07-0.160.28-0.06-0.04-0.180.25-0.440.11
0.70.770.70.590.69-0.860.72-0.120.420.750.310.410.630.50.350.680.760.560.760.610.670.550.730.470.61
0.830.630.590.860.75-0.140.670.560.420.420.760.750.540.470.740.570.470.550.770.370.50.330.70.110.54
0.850.790.830.670.82-0.470.79-0.150.750.420.260.490.790.480.40.820.990.80.850.730.850.720.820.880.57
0.630.390.350.80.42-0.310.510.780.310.760.260.760.220.770.790.30.350.140.690.190.30.050.59-0.090.57
0.760.50.540.90.53-0.350.530.630.410.750.490.760.410.780.950.490.560.30.760.370.480.260.720.10.45
0.780.920.970.550.84-0.330.9-0.070.630.540.790.220.410.140.270.990.780.920.750.950.960.950.70.680.46
0.60.30.330.770.34-0.590.390.480.50.470.480.770.780.140.80.250.550.030.710.190.30.020.70.110.62
0.690.40.420.90.45-0.320.450.60.350.740.40.790.950.270.80.360.470.190.690.210.370.10.620.020.47
0.820.950.990.630.84-0.40.92-0.010.680.570.820.30.490.990.250.360.820.90.810.950.990.940.750.680.53
0.880.790.840.720.83-0.50.8-0.070.760.470.990.350.560.780.550.470.820.770.890.730.840.690.860.840.61
0.780.850.870.520.86-0.160.84-0.160.560.550.80.140.30.920.030.190.90.770.70.770.860.840.620.790.4
0.970.830.840.910.88-0.530.890.280.760.770.850.690.760.750.710.690.810.890.70.690.810.610.950.550.72
0.660.850.940.440.68-0.420.83-0.060.610.370.730.190.370.950.190.210.950.730.770.690.950.970.680.620.47
0.80.930.990.620.79-0.430.91-0.040.670.50.850.30.480.960.30.370.990.840.860.810.950.940.750.720.56
0.610.860.920.360.69-0.310.81-0.180.550.330.720.050.260.950.020.10.940.690.840.610.970.940.60.680.37
0.920.740.780.820.82-0.490.780.250.730.70.820.590.720.70.70.620.750.860.620.950.680.750.60.530.72
0.590.590.660.320.66-0.160.61-0.440.470.110.88-0.090.10.680.110.020.680.840.790.550.620.720.680.530.34
0.680.60.580.610.54-0.490.550.110.610.540.570.570.450.460.620.470.530.610.40.720.470.560.370.720.34
Click cells to compare fundamentals

Radware Account Relationship Matchups

Radware fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets595.7M623.4M634.9M647.4M571.9M362.6M
Other Current Liab34.7M42.0M56.6M45.4M41.0M43.1M
Total Current Liabilities126.0M143.9M165.4M166.4M155.0M162.8M
Total Stockholder Equity395.3M388.5M370.0M332.2M284.1M252.7M
Property Plant And Equipment Net41.1M50.8M45.1M44.1M39.0M19.7M
Net Debt(21.6M)(24.7M)(65.1M)(22.0M)(49.8M)(52.3M)
Retained Earnings124.1M133.8M141.6M141.4M119.8M125.8M
Accounts Payable6.9M4.6M3.8M8.1M4.3M6.2M
Cash40.8M54.8M92.5M46.2M70.5M41.9M
Non Current Assets Total373.1M275.5M314.7M311.5M196.0M163.7M
Cash And Short Term Investments178.0M310.5M287.9M298.0M330.6M166.4M
Net Receivables30.6M23.6M20.7M26.4M20.3M21.0M
Common Stock Shares Outstanding48.5M47.7M47.5M44.9M42.9M44.5M
Liabilities And Stockholders Equity595.7M623.4M634.9M647.4M571.9M362.6M
Non Current Liabilities Total74.3M91.1M99.5M112.5M93.6M98.3M
Inventory13.9M13.9M11.6M11.4M15.5M10.9M
Other Stockholder Equity269.4M252.5M228.2M194.9M163.5M200.7M
Total Liab200.3M235.0M264.9M279.0M248.6M261.1M
Total Current Assets222.5M348.0M320.2M335.9M375.9M198.9M
Accumulated Other Comprehensive Income1.1M1.5M(455K)(4.8M)77K80.9K
Non Currrent Assets Other24.3M30.2M37.3M45.8M24.4M18.0M
Common Stock710K721K730K732K742K617.4K
Other Liab60.4M66.2M77.1M91.6M105.4M110.7M
Current Deferred Revenue79.2M92.1M99.9M108.2M105.0M110.3M
Other Assets24.4M30.2M39.8M41.3M47.5M49.8M
Common Stock Total Equity673K693K710K721K829.2K614.0K
Short Term Investments137.2M255.7M195.4M251.9M260.1M134.9M
Other Current Assets7.5M6.5M8.0M7.2M9.5M5.0M
Property Plant And Equipment Gross41.1M50.8M45.1M44.1M155.6M163.3M
Short Term Debt5.2M5.2M5.1M4.7M4.7M3.7M
Property Plant Equipment41.1M50.8M45.1M44.1M50.8M53.3M
Intangible Assets14.5M12.6M10.7M19.7M15.7M9.3M
Long Term Investments249.8M138.3M177.9M133.9M35.3M33.5M
Net Tangible Assets339.7M334.7M318.1M244.5M281.1M328.0M
Deferred Long Term Liab15.6M20.9M23.9M25.5M23.0M19.9M
Non Current Liabilities Other9.5M11.4M10.1M20.8M17.1M12.8M
Net Invested Capital395.3M388.5M370.0M332.2M284.1M279.9M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for Radware Stock Analysis

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