Asana Deferred Long Term Liab vs Total Assets Analysis

ASAN Stock  USD 13.43  0.07  0.52%   
Asana financial indicator trend analysis is way more than just evaluating Asana Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asana Inc is a good investment. Please check the relationship between Asana Deferred Long Term Liab and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Deferred Long Term Liab vs Total Assets

Deferred Long Term Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asana Inc Deferred Long Term Liab account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Asana's Deferred Long Term Liab and Total Assets is 0.94. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Asana Inc, assuming nothing else is changed. The correlation between historical values of Asana's Deferred Long Term Liab and Total 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 Deferred Long Term Liab of Asana Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Deferred Long Term Liab i.e., Asana's Deferred Long Term Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Total Assets

Total assets refers to the total amount of Asana 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 Asana Inc 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.
Most indicators from Asana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asana Inc 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 Asana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Asana's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 12th of June 2024, Enterprise Value is likely to grow to about 5.3 B, while Tax Provision is likely to drop about 2.5 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8.5M19.6M14.3M10.1M
Interest Income506K6.9M21.1M22.2M

Asana fundamental ratios Correlations

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0.930.970.970.971.00.910.96-0.05-0.980.740.820.910.90.930.890.970.910.960.580.02-0.880.930.950.760.99
0.890.910.930.970.980.830.93-0.07-0.990.640.790.840.950.890.890.920.840.970.680.03-0.780.820.960.760.96
0.920.950.961.00.980.890.95-0.02-0.990.710.790.90.930.920.880.950.90.970.640.01-0.870.890.970.760.99
0.970.960.940.910.830.890.930.24-0.870.870.811.00.730.860.90.930.990.850.480.3-0.930.970.760.880.93
0.960.981.00.960.930.950.93-0.04-0.950.710.810.930.840.980.921.00.940.980.530.08-0.840.920.90.780.95
0.11-0.02-0.02-0.05-0.07-0.020.24-0.040.010.31-0.140.240.05-0.170.05-0.060.26-0.070.450.59-0.290.02-0.20.350.05
-0.91-0.93-0.95-0.98-0.99-0.99-0.87-0.950.01-0.67-0.77-0.88-0.95-0.92-0.89-0.95-0.88-0.98-0.69-0.030.84-0.86-0.96-0.77-0.97
0.840.790.750.740.640.710.870.710.31-0.670.790.860.520.660.80.710.810.620.350.49-0.720.840.540.860.81
0.90.870.840.820.790.790.810.81-0.14-0.770.790.810.570.780.940.810.760.760.210.4-0.640.860.670.860.8
0.970.960.950.910.840.91.00.930.24-0.880.860.810.740.870.910.940.990.860.510.3-0.930.960.760.880.93
0.770.780.830.90.950.930.730.840.05-0.950.520.570.740.80.740.830.760.920.85-0.1-0.740.680.950.630.9
0.910.960.980.930.890.920.860.98-0.17-0.920.660.780.870.80.880.980.880.960.45-0.02-0.760.880.890.70.91
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0.950.991.00.970.920.950.931.0-0.06-0.950.710.810.940.830.980.910.940.970.490.05-0.860.930.90.770.95
0.960.950.950.910.840.90.990.940.26-0.880.810.760.990.760.880.890.940.880.550.26-0.940.940.770.850.92
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0.50.450.510.580.680.640.480.530.45-0.690.350.210.510.850.450.480.490.550.650.07-0.540.330.630.510.63
0.340.150.110.020.030.010.30.080.59-0.030.490.40.3-0.1-0.020.410.050.260.010.07-0.110.17-0.230.660.09
-0.85-0.87-0.85-0.88-0.78-0.87-0.93-0.84-0.290.84-0.72-0.64-0.93-0.74-0.76-0.74-0.86-0.94-0.79-0.54-0.11-0.91-0.76-0.72-0.87
0.940.970.930.930.820.890.970.920.02-0.860.840.860.960.680.880.870.930.940.830.330.17-0.910.790.790.92
0.80.860.890.950.960.970.760.9-0.2-0.960.540.670.760.950.890.760.90.770.940.63-0.23-0.760.790.580.93
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Click cells to compare fundamentals

Asana Account Relationship Matchups

Asana fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets421.7M731.1M707.0M955.0M962.0M713.3M
Other Current Liab18.2M41.6M60.9M83.5M75.8M52.4M
Total Current Liabilities100.1M163.5M255.2M332.3M367.2M231.3M
Total Stockholder Equity(145.3M)(12.8M)203.8M356.6M326.4M342.7M
Other Liab2.7M3.0M5.0M9.4M10.8M11.3M
Net Tangible Assets(145.3M)(12.8M)203.8M356.6M410.1M430.6M
Property Plant And Equipment Net30.9M257.4M273.7M271.2M278.3M204.5M
Current Deferred Revenue62.7M103.9M170.1M226.4M265.3M157.7M
Net Debt(80.8M)326.0M15.2M(255.0M)41.2M43.3M
Retained Earnings(329.7M)(541.4M)(829.8M)(1.2B)(1.5B)(1.4B)
Accounts Payable7.5M9.6M11.6M7.6M6.9M8.6M
Cash306.0M259.9M240.4M526.6M236.7M292.1M
Non Current Assets Total41.1M285.4M295.6M294.6M323.8M229.4M
Non Currrent Assets Other5.5M8.9M19.2M23.4M45.6M47.8M
Other Assets10.1M8.9M19.2M23.4M26.9M15.0M
Cash And Short Term Investments351.3M386.3M312.0M529.3M519.5M400.8M
Net Receivables12.7M32.2M59.1M82.4M88.3M51.4M
Common Stock Shares Outstanding158.7M161.5M176.4M200.0M220.4M195.5M
Short Term Investments45.3M126.4M71.6M2.7M282.8M296.9M
Liabilities And Stockholders Equity421.7M731.1M707.0M955.0M962.0M713.3M
Non Current Liabilities Total466.9M580.4M248.0M266.1M268.4M277.5M
Capital Lease Obligations22.1M205.2M221.0M224.8M234.3M166.4M
Other Current Assets3.5M27.3M40.3M48.7M30.3M27.8M
Other Stockholder Equity(66.1M)(202.5M)1.0B1.6B1.8B1.9B
Total Liab567.0M743.9M503.2M598.4M635.6M612.9M
Net Invested Capital57.8M367.9M238.5M403.3M370.0M230.3M
Property Plant And Equipment Gross30.9M257.4M273.7M271.2M320.8M212.3M
Total Current Assets380.6M445.8M411.4M660.4M638.1M483.9M
Accumulated Other Comprehensive Income(102K)39K(626K)(873K)(236K)(247.8K)
Non Current Liabilities Other2.7M3.0M5.0M2.2M3.7M3.2M
Net Working Capital280.5M282.3M156.2M328.1M292.5M256.5M
Short Term Debt11.6M8.4M12.6M14.8M19.2M12.6M
Property Plant Equipment30.9M257.4M273.7M95.0M109.2M145.4M

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Additional Information and Resources on Investing in Asana Stock

When determining whether Asana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Asana'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 Asana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asana Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Systems Software 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 Asana. If investors know Asana 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 Asana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.17)
Revenue Per Share
3.015
Quarterly Revenue Growth
0.131
Return On Assets
(0.17)
Return On Equity
(0.78)
The market value of Asana Inc is measured differently than its book value, which is the value of Asana that is recorded on the company's balance sheet. Investors also form their own opinion of Asana's value that differs from its market value or its book value, called intrinsic value, which is Asana'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 Asana's market value can be influenced by many factors that don't directly affect Asana'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 Asana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asana'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.