ANGI Net Receivables vs Accounts Payable Analysis

ANGI Stock  USD 2.02  0.01  0.49%   
ANGI Homeservices financial indicator trend analysis is way more than just evaluating ANGI Homeservices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANGI Homeservices is a good investment. Please check the relationship between ANGI Homeservices Net Receivables and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANGI Homeservices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANGI Homeservices Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ANGI Homeservices' Net Receivables and Accounts Payable is 0.82. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ANGI Homeservices, assuming nothing else is changed. The correlation between historical values of ANGI Homeservices' Net Receivables and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of ANGI Homeservices are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Receivables i.e., ANGI Homeservices' Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents ANGI Homeservices 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 ANGI Homeservices 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.
Most indicators from ANGI Homeservices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANGI Homeservices 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 ANGI Homeservices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.As of now, ANGI Homeservices' Enterprise Value Over EBITDA is decreasing as compared to previous years. The ANGI Homeservices' current Enterprise Value Multiple is estimated to increase to 20.44, while Selling General Administrative is projected to decrease to under 207.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense23.5M20.1M20.1M21.1M
Depreciation And Amortization73.2M93.9M101.6M106.6M

ANGI Homeservices fundamental ratios Correlations

0.860.890.930.980.77-0.030.090.650.950.910.990.490.90.710.990.990.890.90.980.950.630.930.610.890.92
0.860.930.840.780.64-0.050.420.340.860.850.820.550.840.860.810.810.990.710.80.920.790.870.550.640.9
0.890.930.910.850.77-0.050.460.350.910.760.890.370.730.940.880.880.930.810.870.890.890.80.550.710.95
0.930.840.910.890.830.170.30.380.960.790.930.430.770.840.920.930.860.830.930.940.760.840.690.760.88
0.980.780.850.890.74-0.040.020.70.90.860.990.390.840.650.990.990.810.90.990.870.580.880.570.940.92
0.770.640.770.830.740.180.190.320.770.630.770.310.610.710.750.770.690.70.770.760.780.670.420.570.72
-0.03-0.05-0.050.17-0.040.180.0-0.36-0.01-0.06-0.03-0.01-0.030.0-0.05-0.01-0.05-0.040.03-0.010.03-0.020.330.02-0.01
0.090.420.460.30.020.190.0-0.550.23-0.090.14-0.13-0.120.680.130.130.33-0.070.110.230.67-0.050.2-0.010.34
0.650.340.350.380.70.32-0.36-0.550.520.680.620.390.670.070.630.620.420.70.60.49-0.010.660.160.670.45
0.950.860.910.960.90.77-0.010.230.520.850.940.460.830.820.930.930.90.840.910.960.720.880.620.760.88
0.910.850.760.790.860.63-0.06-0.090.680.850.850.71.00.560.850.840.90.830.840.920.470.990.520.720.78
0.990.820.890.930.990.77-0.030.140.620.940.850.390.820.731.01.00.840.870.990.910.650.870.610.920.93
0.490.550.370.430.390.31-0.01-0.130.390.460.70.390.720.250.380.370.610.50.370.630.140.70.140.240.28
0.90.840.730.770.840.61-0.03-0.120.670.831.00.820.720.540.820.820.890.820.820.910.450.990.510.70.76
0.710.860.940.840.650.710.00.680.070.820.560.730.250.540.720.720.840.620.70.790.960.620.540.490.84
0.990.810.880.920.990.75-0.050.130.630.930.851.00.380.820.721.00.840.870.990.90.640.870.610.930.93
0.990.810.880.930.990.77-0.010.130.620.930.841.00.370.820.721.00.830.881.00.90.650.870.620.920.93
0.890.990.930.860.810.69-0.050.330.420.90.90.840.610.890.840.840.830.770.820.950.760.910.560.650.89
0.90.710.810.830.90.7-0.04-0.070.70.840.830.870.50.820.620.870.880.770.880.820.550.870.470.750.78
0.980.80.870.930.990.770.030.110.60.910.840.990.370.820.70.991.00.820.880.890.640.860.620.930.93
0.950.920.890.940.870.76-0.010.230.490.960.920.910.630.910.790.90.90.950.820.890.690.950.610.710.85
0.630.790.890.760.580.780.030.67-0.010.720.470.650.140.450.960.640.650.760.550.640.690.530.440.410.8
0.930.870.80.840.880.67-0.02-0.050.660.880.990.870.70.990.620.870.870.910.870.860.950.530.550.720.8
0.610.550.550.690.570.420.330.20.160.620.520.610.140.510.540.610.620.560.470.620.610.440.550.530.6
0.890.640.710.760.940.570.02-0.010.670.760.720.920.240.70.490.930.920.650.750.930.710.410.720.530.85
0.920.90.950.880.920.72-0.010.340.450.880.780.930.280.760.840.930.930.890.780.930.850.80.80.60.85
Click cells to compare fundamentals

ANGI Homeservices Account Relationship Matchups

ANGI Homeservices fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B2.0B1.9B1.9B1.0B
Short Long Term Debt Total245.7M712.3M494.6M512.2M565.4M593.7M
Other Current Liab117.0M132.5M166.7M183.1M161.5M169.6M
Total Current Liabilities215.0M233.7M276.5M281.8M258.7M164.1M
Total Stockholder Equity1.3B1.3B1.1B1.0B1.0B591.0M
Property Plant And Equipment Net204.6M108.8M118.3M153.9M155.5M81.8M
Current Deferred Revenue58.2M54.7M53.8M50.9M49.9M59.6M
Net Debt(144.9M)(100.4M)66.4M191.0M201.4M211.4M
Retained Earnings16.0M9.7M(61.6M)(190.1M)(231.0M)(242.6M)
Accounts Payable26.0M30.8M38.9M30.9M29.5M17.6M
Cash390.6M812.7M428.1M321.2M364.0M230.9M
Non Current Assets Total1.4B1.4B1.4B1.4B1.4B722.3M
Non Currrent Assets Other4.3M180.0M73.9M60.4M4.7M4.5M
Cash And Short Term Investments390.6M862.7M428.1M321.2M364.0M243.4M
Net Receivables41.7M43.1M84.4M93.9M86.0M90.3M
Good Will884.0M891.8M916.0M882.9M886.0M449.7M
Common Stock Shares Outstanding517.9M498.2M502.8M503.0M505.9M282.4M
Liabilities And Stockholders Equity1.9B2.4B2.0B1.9B1.9B1.0B
Non Current Liabilities Total356.4M825.3M588.1M574.6M553.1M580.7M
Other Current Assets67.8M72.0M70.5M69.2M37.1M34.3M
Other Stockholder Equity1.3B1.3B1.2B1.2B1.3B756.2M
Total Liab571.4M1.1B864.6M856.4M811.7M437.5M
Property Plant And Equipment Gross204.6M108.8M226.5M300.5M324.9M341.1M
Total Current Assets500.0M977.8M583.1M484.2M487.2M317.2M
Accumulated Other Comprehensive Income(1.4M)4.6M3.3M(1.2M)1.2M1.2M
Intangible Assets251.7M209.7M193.8M178.1M170.8M121.2M
Common Stock Total Equity509K516K522K525K603.8K633.9K
Common Stock509K516K522K525K529K315.4K
Other Liab5.1M113.0M1.9M5.7M6.6M6.3M
Net Tangible Assets178.6M197.1M24.8M165.4M190.3M199.8M
Other Assets81.3M288.9M198.9M151.3M1.00.95
Long Term Debt231.9M712.3M494.6M495.3M496.0M341.8M
Deferred Long Term Liab4M1.3M1.9M2.9M2.6M2.8M
Property Plant Equipment204.6M108.8M118.3M153.9M176.9M105.4M
Long Term Debt Total231.9M712.3M494.6M495.3M569.6M351.0M
Capital Surpluse1.4B1.4B1.4B1.4B1.6B1.2B

Currently Active Assets on Macroaxis

When determining whether ANGI Homeservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ANGI Homeservices' 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 Angi Homeservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angi Homeservices Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANGI Homeservices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.
Note that the ANGI Homeservices information on this page should be used as a complementary analysis to other ANGI Homeservices' 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running ANGI Homeservices' price analysis, check to measure ANGI Homeservices' 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 ANGI Homeservices is operating at the current time. Most of ANGI Homeservices' value examination focuses on studying past and present price action to predict the probability of ANGI Homeservices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ANGI Homeservices' price. Additionally, you may evaluate how the addition of ANGI Homeservices to your portfolios can decrease your overall portfolio volatility.
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Is ANGI Homeservices' 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 ANGI Homeservices. If investors know ANGI 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 ANGI Homeservices 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
(0.75)
Earnings Share
(0.03)
Revenue Per Share
2.59
Quarterly Revenue Growth
(0.14)
Return On Assets
(0)
The market value of ANGI Homeservices is measured differently than its book value, which is the value of ANGI that is recorded on the company's balance sheet. Investors also form their own opinion of ANGI Homeservices' value that differs from its market value or its book value, called intrinsic value, which is ANGI Homeservices' 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 ANGI Homeservices' market value can be influenced by many factors that don't directly affect ANGI Homeservices' 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 ANGI Homeservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if ANGI Homeservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANGI Homeservices' 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.