Applovin Cash And Short Term Investments vs Other Stockholder Equity Analysis

APP Stock

USD 83.44 2.93 3.39%

Applovin Corp financial indicator trend analysis is way more than just evaluating Applovin Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applovin Corp is a good investment. Please check the relationship between Applovin Corp Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applovin Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Applovin Stock, please use our How to Invest in Applovin Corp guide.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applovin Corp Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Applovin Corp's Cash And Short Term Investments and Other Stockholder Equity is 0.89. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Applovin Corp, assuming nothing else is changed. The correlation between historical values of Applovin Corp's Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Applovin Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Applovin Corp's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Applovin Corp balance sheet. This account contains Applovin Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Applovin Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Stockholder Equity

Most indicators from Applovin Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applovin 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 Applovin Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Applovin Stock, please use our How to Invest in Applovin Corp guide.At this time, Applovin Corp's Tax Provision is relatively stable compared to the past year. As of 05/15/2024, Enterprise Value is likely to grow to about 24 B, while Selling General Administrative is likely to drop slightly above 130 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.8B	1.6B	2.2B	1.6B
Total Revenue	2.8B	2.8B	3.3B	2.5B

Gross Profit Total Revenue

Applovin Corp fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Total Equity
Other Current Liab		0.91	0.85	-0.66	0.32	0.78	0.63	0.72	0.78	0.69	0.69	0.79	0.9	0.73	0.74	0.65	0.84	0.95	0.76	0.5	0.74	-0.37	0.73	0.5	0.62	0.63
Total Current Liabilities	0.91		0.92	-0.6	0.37	0.96	0.84	0.94	0.93	0.83	0.77	0.95	0.98	0.88	0.91	0.8	0.99	0.95	0.95	0.55	0.92	-0.55	0.88	0.55	0.86	0.88
Other Liab	0.85	0.92		-0.34	0.23	0.93	0.77	0.88	0.97	0.95	0.95	0.96	0.95	0.96	0.95	0.94	0.9	0.9	0.88	0.82	0.92	-0.34	0.95	0.82	0.84	0.9
Net Tangible Assets	-0.66	-0.6	-0.34		-0.11	-0.48	-0.56	-0.51	-0.43	-0.29	-0.1	-0.46	-0.58	-0.34	-0.39	-0.22	-0.57	-0.62	-0.55	0.05	-0.5	0.36	-0.36	0.05	-0.48	-0.29
Retained Earnings	0.32	0.37	0.23	-0.11		0.29	0.33	0.29	0.19	0.03	0.11	0.31	0.18	0.13	0.18	0.05	0.34	0.21	0.3	-0.1	0.14	-0.83	0.13	-0.1	0.15	0.24
Accounts Payable	0.78	0.96	0.93	-0.48	0.29		0.9	0.99	0.98	0.91	0.82	0.98	0.96	0.95	0.97	0.89	0.98	0.88	0.99	0.64	0.98	-0.54	0.95	0.64	0.96	0.97
Other Assets	0.63	0.84	0.77	-0.56	0.33	0.9		0.92	0.88	0.81	0.68	0.89	0.82	0.87	0.9	0.81	0.9	0.76	0.94	0.55	0.93	-0.69	0.88	0.55	0.94	0.86
Net Receivables	0.72	0.94	0.88	-0.51	0.29	0.99	0.92		0.96	0.88	0.76	0.97	0.93	0.92	0.95	0.86	0.97	0.83	0.99	0.57	0.97	-0.56	0.92	0.57	0.98	0.97
Other Current Assets	0.78	0.93	0.97	-0.43	0.19	0.98	0.88	0.96		0.97	0.9	0.99	0.96	0.99	0.99	0.96	0.94	0.87	0.95	0.77	0.98	-0.4	0.98	0.77	0.95	0.96
Other Stockholder Equity	0.69	0.83	0.95	-0.29	0.03	0.91	0.81	0.88	0.97		0.95	0.94	0.9	0.99	0.97	0.99	0.84	0.81	0.87	0.89	0.95	-0.24	0.99	0.89	0.9	0.92
Total Current Assets	0.69	0.77	0.95	-0.1	0.11	0.82	0.68	0.76	0.9	0.95		0.87	0.83	0.94	0.91	0.96	0.76	0.77	0.76	0.95	0.84	-0.2	0.93	0.95	0.76	0.85
Common Stock	0.79	0.95	0.96	-0.46	0.31	0.98	0.89	0.97	0.99	0.94	0.87		0.95	0.96	0.97	0.92	0.95	0.86	0.96	0.71	0.97	-0.49	0.96	0.71	0.94	0.96
Property Plant Equipment	0.9	0.98	0.95	-0.58	0.18	0.96	0.82	0.93	0.96	0.9	0.83	0.95		0.93	0.94	0.87	0.97	0.96	0.94	0.65	0.95	-0.39	0.93	0.65	0.88	0.89
Total Assets	0.73	0.88	0.96	-0.34	0.13	0.95	0.87	0.92	0.99	0.99	0.94	0.96	0.93		1.0	0.99	0.91	0.85	0.92	0.85	0.97	-0.38	1.0	0.85	0.93	0.95
Short Long Term Debt Total	0.74	0.91	0.95	-0.39	0.18	0.97	0.9	0.95	0.99	0.97	0.91	0.97	0.94	1.0		0.97	0.94	0.87	0.95	0.8	0.99	-0.44	1.0	0.8	0.95	0.96
Total Stockholder Equity	0.65	0.8	0.94	-0.22	0.05	0.89	0.81	0.86	0.96	0.99	0.96	0.92	0.87	0.99	0.97		0.83	0.78	0.86	0.91	0.94	-0.27	0.99	0.91	0.89	0.92
Property Plant And Equipment Net	0.84	0.99	0.9	-0.57	0.34	0.98	0.9	0.97	0.94	0.84	0.76	0.95	0.97	0.91	0.94	0.83		0.93	0.98	0.56	0.95	-0.6	0.91	0.56	0.91	0.91
Current Deferred Revenue	0.95	0.95	0.9	-0.62	0.21	0.88	0.76	0.83	0.87	0.81	0.77	0.86	0.96	0.85	0.87	0.78	0.93		0.87	0.6	0.86	-0.42	0.85	0.6	0.76	0.76
Net Debt	0.76	0.95	0.88	-0.55	0.3	0.99	0.94	0.99	0.95	0.87	0.76	0.96	0.94	0.92	0.95	0.86	0.98	0.87		0.58	0.97	-0.6	0.93	0.58	0.97	0.95
Cash	0.5	0.55	0.82	0.05	-0.1	0.64	0.55	0.57	0.77	0.89	0.95	0.71	0.65	0.85	0.8	0.91	0.56	0.6	0.58		0.72	0.0	0.84	1.0	0.63	0.7
Non Current Assets Total	0.74	0.92	0.92	-0.5	0.14	0.98	0.93	0.97	0.98	0.95	0.84	0.97	0.95	0.97	0.99	0.94	0.95	0.86	0.97	0.72		-0.45	0.98	0.72	0.98	0.95
Non Currrent Assets Other	-0.37	-0.55	-0.34	0.36	-0.83	-0.54	-0.69	-0.56	-0.4	-0.24	-0.2	-0.49	-0.39	-0.38	-0.44	-0.27	-0.6	-0.42	-0.6	0.0	-0.45		-0.38	0.0	-0.49	-0.47
Long Term Debt	0.73	0.88	0.95	-0.36	0.13	0.95	0.88	0.92	0.98	0.99	0.93	0.96	0.93	1.0	1.0	0.99	0.91	0.85	0.93	0.84	0.98	-0.38		0.84	0.93	0.94
Cash And Short Term Investments	0.5	0.55	0.82	0.05	-0.1	0.64	0.55	0.57	0.77	0.89	0.95	0.71	0.65	0.85	0.8	0.91	0.56	0.6	0.58	1.0	0.72	0.0	0.84		0.63	0.7
Good Will	0.62	0.86	0.84	-0.48	0.15	0.96	0.94	0.98	0.95	0.9	0.76	0.94	0.88	0.93	0.95	0.89	0.91	0.76	0.97	0.63	0.98	-0.49	0.93	0.63		0.96
Common Stock Total Equity	0.63	0.88	0.9	-0.29	0.24	0.97	0.86	0.97	0.96	0.92	0.85	0.96	0.89	0.95	0.96	0.92	0.91	0.76	0.95	0.7	0.95	-0.47	0.94	0.7	0.96

Click cells to compare fundamentals

Applovin Corp Account Relationship Matchups

Applovin Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	145.4M	326.5M	258.7M	171.8M	245.6M	218.2M
Total Current Liabilities	238.9M	598.1M	640.1M	579.0M	944.1M	570.9M
Other Liab	29.0M	47.6M	120.9M	79.8M	91.8M	62.2M
Net Tangible Assets	(1.2B)	(1.9B)	(537.7M)	(1.6B)	(1.4B)	(1.5B)
Retained Earnings	(887.2M)	(1.0B)	(977.0M)	(1.2B)	(813.0M)	(853.6M)
Accounts Payable	70.5M	147.3M	258.2M	273.2M	371.7M	216.4M
Other Assets	15.4M	42.6M	118.2M	268.4M	308.7M	324.1M
Net Receivables	161.3M	297.0M	514.5M	702.8M	953.8M	504.5M
Other Current Assets	28.6M	48.8M	150.0M	155.8M	160.2M	99.9M
Other Stockholder Equity	235.2M	453.7M	3.2B	3.2B	2.1B	1.7B
Total Current Assets	586.2M	663.0M	3.2B	1.9B	1.6B	1.5B
Property Plant Equipment	22.8M	112.9M	134.6M	138.9M	159.8M	91.9M

Pair Trading with Applovin Corp

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 Applovin Corp 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 Applovin Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Applovin Stock

0.81	DOMO	Domo Inc Financial Report 23rd of May 2024	Pair Corr
0.8	U	Unity Software	Pair Corr
0.78	DMAN	Innovativ Media Group	Pair Corr
0.77	PD	Pagerduty Financial Report 6th of June 2024	Pair Corr
0.76	DV	DoubleVerify Holdings	Pair Corr

The ability to find closely correlated positions to Applovin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applovin Corp 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 Applovin Corp - 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 Applovin Corp to buy it.

The correlation of Applovin Corp 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 Applovin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applovin Corp 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 Applovin Corp 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 Correlation Correlation Matching

When determining whether Applovin Corp 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 Applovin 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 Applovin Corp Stock. Highlighted below are key reports to facilitate an investment decision about Applovin Corp Stock:

How To Invest In Applovin

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Is Applovin Stock a good investment?

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What is Applovin Corp's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applovin Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Applovin Stock, please use our How to Invest in Applovin Corp guide.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Applovin Stock analysis

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

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Is Applovin Corp'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 Applovin Corp. If investors know Applovin 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 Applovin Corp 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

3.836

Earnings Share

1.66

Revenue Per Share

10.583

Quarterly Revenue Growth

0.479

Return On Assets

0.1037

The market value of Applovin Corp is measured differently than its book value, which is the value of Applovin that is recorded on the company's balance sheet. Investors also form their own opinion of Applovin Corp's value that differs from its market value or its book value, called intrinsic value, which is Applovin Corp'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 Applovin Corp's market value can be influenced by many factors that don't directly affect Applovin Corp'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 Applovin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applovin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applovin Corp'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.

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Applovin Cash And Short Term Investments vs Other Stockholder Equity Analysis

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Stockholder Equity

Applovin Corp fundamental ratios Correlations

Applovin Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Applovin Corp fundamental ratios Accounts

Pair Trading with Applovin Corp

Moving against Applovin Stock

Complementary Tools for Applovin Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Net Receivables	+ 0.99	Accounts Payable

Non Currrent Assets Other	- 0.83	Retained Earnings
Non Currrent Assets Other	- 0.69	Other Assets
Net Tangible Assets	- 0.66	Other Current Liab
Current Deferred Revenue	- 0.62	Net Tangible Assets
Non Currrent Assets Other	- 0.6	Net Debt
Non Currrent Assets Other	- 0.6	Property Plant And Equipment Net