SAP Accounts Payable vs Other Current Assets Analysis

SAP Stock  USD 180.07  1.14  0.63%   
S A P financial indicator trend analysis is much more than just breaking down SAP SE ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAP SE ADR is a good investment. Please check the relationship between S A P Accounts Payable and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SAP SE ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAP SE ADR Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between S A P's Accounts Payable and Other Current Assets is 0.58. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of SAP SE ADR, assuming nothing else is changed. The correlation between historical values of S A P's Accounts Payable and Other Current 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 Accounts Payable of SAP SE ADR are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., S A P's Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents S A P obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SAP SE ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from S A P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAP SE ADR 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SAP SE ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, S A P's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 05/02/2024, Enterprise Value Multiple is likely to grow to 21.07, while Sales General And Administrative To Revenue is likely to drop 0.04.
 2021 2022 2023 2024 (projected)
Gross Profit19.9B21.9B22.6B11.3B
Total Revenue27.8B30.9B31.2B16.3B

S A P fundamental ratios Correlations

0.720.980.830.360.970.870.980.210.880.760.42-0.130.680.71-0.060.79-0.830.830.830.960.570.790.980.980.82
0.720.580.890.860.570.530.830.680.450.860.52-0.520.140.98-0.140.27-0.550.950.890.570.50.760.750.650.75
0.980.580.730.20.990.880.930.060.910.680.37-0.030.760.58-0.020.85-0.830.720.730.970.550.740.950.970.77
0.830.890.730.620.740.680.870.540.630.90.5-0.480.360.88-0.020.52-0.670.961.00.750.490.850.850.820.85
0.360.860.20.620.20.040.530.65-0.030.660.36-0.43-0.180.83-0.1-0.07-0.310.70.620.140.290.460.410.290.37
0.970.570.990.740.20.870.910.020.910.670.38-0.030.780.58-0.010.86-0.880.720.740.970.570.740.940.970.74
0.870.530.880.680.040.870.80.160.970.560.32-0.10.670.53-0.130.75-0.660.660.680.950.460.660.850.860.78
0.980.830.930.870.530.910.80.380.780.840.47-0.250.540.82-0.040.67-0.770.90.870.890.590.830.980.940.85
0.210.680.060.540.650.020.160.380.00.520.25-0.57-0.380.640.04-0.240.070.570.540.070.090.390.280.160.44
0.880.450.910.63-0.030.910.970.780.00.490.260.010.830.44-0.110.82-0.730.60.630.970.430.610.850.870.71
0.760.860.680.90.660.670.560.840.520.490.65-0.520.210.90.120.34-0.590.920.90.660.650.920.760.710.82
0.420.520.370.50.360.380.320.470.250.260.65-0.80.060.550.080.06-0.350.640.50.330.950.810.450.320.65
-0.13-0.52-0.03-0.48-0.43-0.03-0.1-0.25-0.570.01-0.52-0.80.25-0.51-0.030.230.03-0.58-0.48-0.03-0.58-0.63-0.19-0.06-0.55
0.680.140.760.36-0.180.780.670.54-0.380.830.210.060.250.13-0.030.77-0.720.30.360.780.260.350.630.70.36
0.710.980.580.880.830.580.530.820.640.440.90.55-0.510.13-0.130.25-0.590.940.880.580.540.810.720.640.72
-0.06-0.14-0.02-0.02-0.1-0.01-0.13-0.040.04-0.110.120.08-0.03-0.03-0.13-0.08-0.02-0.07-0.02-0.060.060.1-0.02-0.03-0.01
0.790.270.850.52-0.070.860.750.67-0.240.820.340.060.230.770.25-0.08-0.780.430.520.840.270.40.760.870.58
-0.83-0.55-0.83-0.67-0.31-0.88-0.66-0.770.07-0.73-0.59-0.350.03-0.72-0.59-0.02-0.78-0.65-0.67-0.81-0.52-0.64-0.78-0.84-0.56
0.830.950.720.960.70.720.660.90.570.60.920.64-0.580.30.94-0.070.43-0.650.960.720.630.90.850.770.89
0.830.890.731.00.620.740.680.870.540.630.90.5-0.480.360.88-0.020.52-0.670.960.750.490.850.850.820.85
0.960.570.970.750.140.970.950.890.070.970.660.33-0.030.780.58-0.060.84-0.810.720.750.510.720.930.950.78
0.570.50.550.490.290.570.460.590.090.430.650.95-0.580.260.540.060.27-0.520.630.490.510.820.590.490.66
0.790.760.740.850.460.740.660.830.390.610.920.81-0.630.350.810.10.4-0.640.90.850.720.820.790.730.86
0.980.750.950.850.410.940.850.980.280.850.760.45-0.190.630.72-0.020.76-0.780.850.850.930.590.790.960.86
0.980.650.970.820.290.970.860.940.160.870.710.32-0.060.70.64-0.030.87-0.840.770.820.950.490.730.960.79
0.820.750.770.850.370.740.780.850.440.710.820.65-0.550.360.72-0.010.58-0.560.890.850.780.660.860.860.79
Click cells to compare fundamentals

S A P Account Relationship Matchups

S A P fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.2B58.5B71.2B72.2B68.3B71.7B
Short Long Term Debt Total16.2B16.0B15.1B14.4B7.9B5.5B
Total Stockholder Equity30.8B29.7B38.9B40.1B43.1B45.3B
Property Plant And Equipment Net5.5B5.0B5.0B4.9B4.3B2.3B
Net Debt10.9B10.6B6.2B5.4B(179M)(170.1M)
Retained Earnings28.8B32.0B37.0B36.4B42.4B44.5B
Cash5.3B5.3B8.9B9.0B8.1B8.5B
Non Current Assets Total45.0B43.4B51.1B53.6B41.4B43.5B
Non Currrent Assets Other2.3B2.3B3.0B4.0B(2.2B)(2.1B)
Cash And Short Term Investments5.6B6.9B11.7B9.9B11.5B12.0B
Net Receivables8.4B6.8B7.0B6.6B6.4B4.3B
Short Term Investments297M1.6B2.8B856M3.3B3.5B
Liabilities And Stockholders Equity60.2B58.5B71.2B72.2B68.3B71.7B
Non Current Liabilities Total14.9B15.7B13.5B11.9B7.9B5.8B
Other Current Assets1.2B1.3B826M2.2B2.7B2.8B
Other Stockholder Equity(1.0B)(3.5B)(1.2B)(1.3B)(2.9B)(2.8B)
Total Liab29.4B28.6B29.6B29.3B24.9B12.7B
Property Plant And Equipment Gross5.5B5.0B5.0B4.9B4.3B2.3B
Total Current Assets15.2B15.1B20.0B18.6B20.5B21.6B
Other Current Liab5.3B5.2B6.0B5.2B6.0B3.1B
Total Current Liabilities14.5B12.9B16.1B17.5B14.6B15.3B
Current Deferred Revenue4.3B4.2B4.4B5.4B5.0B5.3B
Accounts Payable1.6B1.2B1.6B2.1B1.8B920.2M
Accumulated Other Comprehensive Income1.8B(1.0B)1.8B3.8B2.4B2.5B
Short Term Debt3.3B2.3B4.2B4.8B1.7B1.3B
Intangible Assets4.5B3.8B4.0B3.8B2.5B2.2B
Other Liab2.0B2.1B2.5B3.1B3.6B3.8B
Long Term Debt11.1B13.6B11.0B9.5B6.0B5.3B
Good Will29.2B27.6B31.1B33.1B29.1B14.7B
Property Plant Equipment5.5B4.9B5.0B4.9B5.7B6.0B
Deferred Long Term Liab1.4B1.7B2.3B3.0B3.5B3.6B
Long Term Investments2.3B3.5B6.3B5.6B5.1B2.8B
Short Long Term Debt2.5B1.5B3.8B4.0B1.1B1.1B
Net Tangible Assets(2.9B)(1.6B)3.9B3.2B3.7B3.9B

S A P Investors Sentiment

The influence of S A P'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 SAP. 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 S A P's public news can be used to forecast risks associated with an investment in SAP. The trend in average sentiment can be used to explain how an investor holding SAP can time the market purely based on public headlines and social activities around SAP SE ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
S A P'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 S A P'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 S A P's news discussions. The higher the estimated score, the more favorable is the investor's outlook on S A P.
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 S A P 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, S A P's short interest history, or implied volatility extrapolated from S A P options trading.

Currently Active Assets on Macroaxis

When determining whether SAP SE ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SAP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sap Se Adr Stock. Highlighted below are key reports to facilitate an investment decision about Sap Se Adr Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SAP SE ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the SAP SE ADR information on this page should be used as a complementary analysis to other S A P's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running S A P's price analysis, check to measure S A P'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 S A P is operating at the current time. Most of S A P's value examination focuses on studying past and present price action to predict the probability of S A P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move S A P's price. Additionally, you may evaluate how the addition of S A P to your portfolios can decrease your overall portfolio volatility.
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Is S A P'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 S A P. If investors know SAP 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 S A P 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
1.418
Dividend Share
2.2
Earnings Share
2.16
Revenue Per Share
27.254
Quarterly Revenue Growth
0.08
The market value of SAP SE ADR is measured differently than its book value, which is the value of SAP that is recorded on the company's balance sheet. Investors also form their own opinion of S A P's value that differs from its market value or its book value, called intrinsic value, which is S A P'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 S A P's market value can be influenced by many factors that don't directly affect S A P'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 S A P's value and its price as these two are different measures arrived at by different means. Investors typically determine if S A P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, S A P'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.