Api Total Assets vs Current Deferred Revenue Analysis

APG Stock  USD 37.35  0.13  0.35%   
Api Group financial indicator trend analysis is way more than just evaluating Api Group Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Api Group Corp is a good investment. Please check the relationship between Api Group Total Assets and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Api Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Total Assets vs Current Deferred Revenue

Total Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Api Group Corp Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Api Group's Total Assets and Current Deferred Revenue is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Api Group Corp, assuming nothing else is changed. The correlation between historical values of Api Group's Total Assets and Current Deferred Revenue 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 Assets of Api Group Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Api Group's Total Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Api Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Api Group Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Api Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Api Group Corp 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 Api Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Api Group's Enterprise Value Over EBITDA is most likely to increase in the upcoming years. The Api Group's current Enterprise Value Multiple is estimated to increase to 16.23, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit939M1.7B1.7B971.4M
Total Revenue3.9B6.6B6.9B4.1B

Api Group fundamental ratios Correlations

0.991.00.910.740.940.89-0.930.960.860.92-0.860.870.790.980.760.830.990.790.770.97-0.440.980.990.960.89
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0.910.940.930.890.840.94-0.910.950.960.99-0.670.940.50.970.780.920.90.50.910.98-0.550.930.920.860.97
0.740.790.760.890.580.79-0.650.740.950.89-0.320.970.270.80.870.870.70.270.980.82-0.450.740.780.640.96
0.940.940.930.840.580.86-0.910.920.790.81-0.90.750.830.920.510.770.960.830.660.92-0.530.960.90.990.77
0.890.920.910.940.790.86-0.940.940.890.92-0.710.860.580.930.690.980.90.580.830.94-0.770.890.90.860.89
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0.920.950.940.990.890.810.92-0.910.950.94-0.690.930.50.970.860.890.910.50.890.97-0.470.920.950.840.97
-0.86-0.83-0.85-0.67-0.32-0.9-0.710.89-0.85-0.53-0.69-0.51-0.85-0.82-0.43-0.56-0.89-0.85-0.37-0.790.33-0.85-0.83-0.88-0.57
0.870.90.880.940.970.750.86-0.750.830.980.93-0.510.490.890.850.90.840.490.980.92-0.470.870.890.810.99
0.790.750.770.50.270.830.58-0.670.640.480.5-0.850.490.670.350.490.811.00.320.67-0.30.760.740.850.49
0.980.990.990.970.80.920.93-0.960.990.90.97-0.820.890.670.780.870.980.670.820.99-0.490.980.990.940.93
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0.830.870.850.920.870.770.98-0.840.860.920.89-0.560.90.490.870.720.830.490.890.89-0.790.830.840.790.91
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0.770.820.790.910.980.660.83-0.680.780.970.89-0.370.980.320.820.820.890.740.320.85-0.50.780.790.710.96
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-0.44-0.49-0.46-0.55-0.45-0.53-0.770.58-0.54-0.54-0.470.33-0.47-0.3-0.49-0.21-0.79-0.47-0.3-0.5-0.51-0.46-0.43-0.49-0.48
0.980.990.980.930.740.960.89-0.920.950.890.92-0.850.870.760.980.670.830.980.760.780.98-0.460.960.980.89
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0.960.960.960.860.640.990.86-0.90.920.830.84-0.880.810.850.940.580.790.980.850.710.94-0.490.980.930.82
0.890.930.910.970.960.770.89-0.820.880.980.97-0.570.990.490.930.870.910.870.490.960.95-0.480.890.920.82
Click cells to compare fundamentals

Api Group Account Relationship Matchups

Api Group fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding173.9M169.5M205.8M266.1M235.1M203.1M
Total Assets4.0B4.1B5.2B8.1B7.6B5.7B
Short Long Term Debt Total1.3B1.5B1.9B3.0B2.6B2.0B
Other Current Liab428M423M360M689M729M541.9M
Total Current Liabilities823M841M867M1.9B1.8B1.3B
Total Stockholder Equity1.8B1.6B2.3B2.1B2.9B2.1B
Other Liab165M173M124M497M571.6M600.1M
Net Tangible Assets(344M)(489M)335M(1.2B)(1.1B)(1.1B)
Property Plant And Equipment Net507M462M427M629M618M544.7M
Current Deferred Revenue193M219M243M463M526M338.6M
Net Debt1.1B1.0B685M2.4B2.1B1.4B
Retained Earnings(128M)(284M)(237M)(164M)(11M)(11.6M)
Accounts Payable156M150M236M490M472M307.6M
Cash256M515M1.2B605M479M567.8M
Non Current Assets Total2.7B2.6B2.5B5.4B5.0B3.5B
Non Currrent Assets Other61M21M41M532M175M160.8M
Other Assets55M110M118M640M736M772.8M
Long Term Debt1.2B1.4B1.8B2.6B2.3B1.7B
Cash And Short Term Investments256M515M1.2B605M479M567.8M
Net Receivables975M781M984M1.8B1.8B1.3B
Good Will980M1.1B1.1B2.4B2.5B1.5B
Long Term Debt Total1.2B1.4B1.8B2.6B3.0B1.6B
Liabilities And Stockholders Equity4.0B4.1B5.2B8.1B7.6B5.7B
Non Current Liabilities Total1.4B1.7B2.0B4.0B2.9B2.3B
Capital Surpluse1.9B1.9B2.6B2.6B2.9B2.2B
Capital Lease Obligations122M127M106M239M247M154.2M
Inventory58M64M69M163M150M102.7M
Other Current Assets53M77M385M110M122M141.9M
Other Stockholder Equity1.9B1.9B2.6B1.8B2.6B1.9B
Total Liab2.3B2.5B2.8B6.0B4.7B3.6B
Net Invested Capital2.9B3.0B4.1B4.1B4.4B3.6B
Property Plant And Equipment Gross507M462M427M629M865M590.0M
Short Long Term Debt19M18M1M206M5M4.8M
Total Current Assets1.3B1.4B2.6B2.7B2.6B2.2B
Non Current Liabilities Other49M128M160M914M138M254.9M
Net Working Capital519M596M1.8B731M775M829.2M
Short Term Debt46M49M28M279M80M103.6M
Intangible Assets1.1B965M882M1.8B1.6B1.2B

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Api Stock

When determining whether Api Group Corp is a strong investment it is important to analyze Api Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Api Group's future performance. For an informed investment choice regarding Api Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Api Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction & Engineering space 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 Api Group. If investors know Api 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 Api Group 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
1.595
Earnings Share
(2.07)
Revenue Per Share
28.936
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0326
The market value of Api Group Corp is measured differently than its book value, which is the value of Api that is recorded on the company's balance sheet. Investors also form their own opinion of Api Group's value that differs from its market value or its book value, called intrinsic value, which is Api Group'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 Api Group's market value can be influenced by many factors that don't directly affect Api Group'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 Api Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Api Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Api Group'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.