American Property Plant Equipment vs Capital Surpluse Analysis

AMSWA Stock  USD 10.13  0.07  0.70%   
American Software financial indicator trend analysis is way more than just evaluating American Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Software is a good investment. Please check the relationship between American Software 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 American Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade American Stock refer to our How to Trade American Stock 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 American Software Property Plant Equipment account and Capital Surpluse. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between American Software's Property Plant Equipment and Capital Surpluse is -0.17. 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 American Software, assuming nothing else is changed. The correlation between historical values of American Software'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 American Software 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., American Software's Property Plant Equipment and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Capital Surpluse

Most indicators from American Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Software 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 American Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade American Stock refer to our How to Trade American Stock guide.At present, American Software's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 28.81, whereas Selling General Administrative is forecasted to decline to about 18.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit75.8M74.3M85.4M54.1M
Total Revenue127.6M123.7M142.2M99.3M

American Software fundamental ratios Correlations

0.380.991.0-0.35-0.83-0.830.770.760.650.80.940.980.150.110.780.99-0.350.98-0.17-0.4-0.110.99-0.340.990.8
0.380.370.40.51-0.7-0.640.68-0.20.790.540.480.46-0.240.030.270.350.510.52-0.840.33-0.690.36-0.190.360.46
0.990.370.99-0.4-0.81-0.80.740.760.630.770.930.970.150.090.770.99-0.40.97-0.14-0.43-0.080.97-0.350.970.76
1.00.40.99-0.31-0.82-0.830.770.740.670.810.950.990.10.10.780.98-0.310.98-0.2-0.36-0.150.99-0.310.990.8
-0.350.51-0.4-0.310.08-0.050.07-0.60.38-0.03-0.17-0.24-0.57-0.12-0.23-0.441.0-0.25-0.740.79-0.82-0.330.45-0.33-0.01
-0.83-0.7-0.81-0.820.080.91-0.94-0.4-0.79-0.91-0.77-0.8-0.06-0.05-0.74-0.820.08-0.880.490.180.37-0.780.43-0.78-0.83
-0.83-0.64-0.8-0.83-0.050.91-0.95-0.5-0.9-0.95-0.85-0.820.15-0.07-0.86-0.79-0.05-0.850.550.240.46-0.820.37-0.82-0.94
0.770.680.740.770.07-0.94-0.950.390.850.980.760.77-0.12-0.020.850.730.070.81-0.59-0.15-0.50.76-0.390.760.93
0.76-0.20.760.74-0.6-0.4-0.50.390.240.520.690.680.310.110.710.78-0.60.620.37-0.640.290.76-0.260.760.62
0.650.790.630.670.38-0.79-0.90.850.240.810.760.7-0.36-0.050.670.60.380.72-0.80.07-0.740.65-0.150.650.8
0.80.540.770.81-0.03-0.91-0.950.980.520.810.790.79-0.13-0.010.920.77-0.030.82-0.49-0.26-0.420.8-0.380.80.97
0.940.480.930.95-0.17-0.77-0.850.760.690.760.790.950.030.150.780.92-0.170.93-0.31-0.36-0.230.95-0.340.950.79
0.980.460.970.99-0.24-0.8-0.820.770.680.70.790.950.060.10.740.95-0.240.98-0.27-0.29-0.210.99-0.290.990.78
0.15-0.240.150.1-0.57-0.060.15-0.120.31-0.36-0.130.030.060.38-0.120.24-0.570.080.62-0.280.670.08-0.320.08-0.15
0.110.030.090.1-0.12-0.05-0.07-0.020.11-0.05-0.010.150.10.38-0.090.12-0.120.10.19-0.180.330.09-0.150.1-0.06
0.780.270.770.78-0.23-0.74-0.860.850.710.670.920.780.74-0.12-0.090.77-0.230.74-0.25-0.52-0.210.8-0.430.80.94
0.990.350.990.98-0.44-0.82-0.790.730.780.60.770.920.950.240.120.77-0.440.96-0.09-0.45-0.020.96-0.390.960.76
-0.350.51-0.4-0.311.00.08-0.050.07-0.60.38-0.03-0.17-0.24-0.57-0.12-0.23-0.44-0.25-0.740.79-0.82-0.330.45-0.33-0.01
0.980.520.970.98-0.25-0.88-0.850.810.620.720.820.930.980.080.10.740.96-0.25-0.31-0.29-0.220.96-0.330.970.78
-0.17-0.84-0.14-0.2-0.740.490.55-0.590.37-0.8-0.49-0.31-0.270.620.19-0.25-0.09-0.74-0.31-0.460.91-0.18-0.05-0.18-0.43
-0.40.33-0.43-0.360.790.180.24-0.15-0.640.07-0.26-0.36-0.29-0.28-0.18-0.52-0.450.79-0.29-0.46-0.64-0.420.72-0.42-0.24
-0.11-0.69-0.08-0.15-0.820.370.46-0.50.29-0.74-0.42-0.23-0.210.670.33-0.21-0.02-0.82-0.220.91-0.64-0.12-0.35-0.12-0.43
0.990.360.970.99-0.33-0.78-0.820.760.760.650.80.950.990.080.090.80.96-0.330.96-0.18-0.42-0.12-0.361.00.8
-0.34-0.19-0.35-0.310.450.430.37-0.39-0.26-0.15-0.38-0.34-0.29-0.32-0.15-0.43-0.390.45-0.33-0.050.72-0.35-0.36-0.35-0.28
0.990.360.970.99-0.33-0.78-0.820.760.760.650.80.950.990.080.10.80.96-0.330.97-0.18-0.42-0.121.0-0.350.8
0.80.460.760.8-0.01-0.83-0.940.930.620.80.970.790.78-0.15-0.060.940.76-0.010.78-0.43-0.24-0.430.8-0.280.8
Click cells to compare fundamentals

American Software Account Relationship Matchups

American Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets171.3M177.2M192.8M195.9M225.3M131.5M
Other Current Liab10.4M11.1M12.5M10.4M9.3M7.8M
Total Current Liabilities47.0M50.7M57.5M56.3M64.8M33.4M
Total Stockholder Equity119.9M122.4M133.0M139.3M160.2M93.4M
Property Plant And Equipment Net5.4M4.9M4.6M6.9M6.2M8.1M
Net Debt(77.6M)(87.1M)(109.7M)(91.1M)(82.0M)(77.9M)
Retained Earnings(9.0M)(15.3M)(17.2M)(21.7M)(19.5M)(18.6M)
Cash79.8M88.7M110.7M91.6M105.3M110.6M
Non Current Assets Total45.6M40.5M36.6M45.8M52.7M40.3M
Non Currrent Assets Other1.9M4.6M4.4M6.3M5.7M4.5M
Cash And Short Term Investments94.0M104.7M127.5M115.1M132.3M138.9M
Net Receivables25.0M26.6M23.6M28.0M32.2M20.9M
Common Stock Shares Outstanding32.4M33.2M34.3M34.0M39.1M28.3M
Liabilities And Stockholders Equity171.3M177.2M192.8M195.9M225.3M131.5M
Non Current Liabilities Total4.4M4.1M2.4M288K259.2K246.2K
Other Current Assets45.9M48.0M5.1M7.1M6.4M6.1M
Other Stockholder Equity125.2M133.9M146.4M157.2M180.7M189.8M
Total Liab51.4M54.8M59.9M56.6M65.1M36.5M
Property Plant And Equipment Gross5.4M4.9M4.6M6.9M6.2M8.1M
Total Current Assets125.7M136.6M156.2M150.1M172.7M91.2M
Intangible Assets9.5M5.1M1.7M2.5M2.3M2.2M
Accounts Payable1.6M1.7M2.5M2.4M2.2M2.0M
Common Stock Total Equity3.7M3.7M3.8M3.9M4.5M3.3M
Short Term Investments14.2M16.0M16.8M23.5M21.1M18.3M
Common Stock3.7M3.7M3.8M3.9M4.5M3.3M
Current Deferred Revenue34.2M37.1M42.0M43.1M49.6M52.1M
Short Term Debt763K739K541K411K472.7K449.0K
Other Assets3.1M4.1M4.6M4.4M4.0M3.8M
Property Plant Equipment3.4M3.4M4.6M6.4M5.8M5.3M
Other Liab3.6M3.0M3.3M1.9M2.2M2.8M
Net Tangible Assets84.0M91.4M105.4M107.2M123.3M86.3M
Retained Earnings Total Equity(9.0M)(15.3M)(17.2M)(21.7M)(19.5M)(18.6M)
Capital Surpluse150.3M159.5M171.9M182.7M210.1M148.2M
Deferred Long Term Liab3.5M2.9M2.6M2.1M2.4M2.2M
Long Term Investments2.5M700K0.0486K437.4K415.5K

Pair Trading with American Software

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

Moving against American Stock

  0.55DTRK DATATRAK InternationalPairCorr
The ability to find closely correlated positions to American Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Software 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 American Software - 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 American Software to buy it.
The correlation of American Software 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 American Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Software 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 American Software 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 CorrelationCorrelation Matching
When determining whether American Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Software'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 American Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Software Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade American Stock refer to our How to Trade American Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running American Software's price analysis, check to measure American Software'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 American Software is operating at the current time. Most of American Software's value examination focuses on studying past and present price action to predict the probability of American Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Software's price. Additionally, you may evaluate how the addition of American Software to your portfolios can decrease your overall portfolio volatility.
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Is American Software'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 American Software. If investors know American 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 American Software 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
0.293
Dividend Share
0.44
Earnings Share
0.31
Revenue Per Share
3.523
Quarterly Revenue Growth
(0.07)
The market value of American Software is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Software's value that differs from its market value or its book value, called intrinsic value, which is American Software'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 American Software's market value can be influenced by many factors that don't directly affect American Software'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 American Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Software'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.