AsanaInc Non Currrent Assets Other vs Total Stockholder Equity Analysis
| ASAN Stock | USD 13.05 0.08 0.61% |
AsanaInc financial indicator trend analysis is way more than just evaluating AsanaInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AsanaInc is a good investment. Please check the relationship between AsanaInc Non Currrent Assets Other and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AsanaInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in AsanaInc Stock, please use our How to Invest in AsanaInc guide.
Non Currrent Assets Other vs Total Stockholder Equity
Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AsanaInc Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AsanaInc's Non Currrent Assets Other and Total Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of AsanaInc, assuming nothing else is changed. The correlation between historical values of AsanaInc's Non Currrent Assets Other and Total 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 Non Currrent Assets Other of AsanaInc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., AsanaInc's Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from AsanaInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AsanaInc 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 AsanaInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in AsanaInc Stock, please use our How to Invest in AsanaInc guide.At this time, AsanaInc's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 2nd 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 Amortization | 8.5M | 19.6M | 14.3M | 10.1M | Interest Income | 506K | 6.9M | 21.1M | 22.2M |
AsanaInc fundamental ratios Correlations
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AsanaInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AsanaInc fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 421.7M | 731.1M | 707.0M | 955.0M | 962.0M | 713.3M | |
| Other Current Liab | 18.2M | 41.6M | 60.9M | 83.5M | 75.8M | 52.4M | |
| Total Current Liabilities | 100.1M | 163.5M | 255.2M | 332.3M | 367.2M | 231.3M | |
| Total Stockholder Equity | (145.3M) | (12.8M) | 203.8M | 356.6M | 326.4M | 342.7M | |
| Other Liab | 2.7M | 3.0M | 5.0M | 9.4M | 10.8M | 11.3M | |
| Net Tangible Assets | (145.3M) | (12.8M) | 203.8M | 356.6M | 410.1M | 430.6M | |
| Property Plant And Equipment Net | 30.9M | 257.4M | 273.7M | 271.2M | 278.3M | 204.5M | |
| Current Deferred Revenue | 62.7M | 103.9M | 170.1M | 226.4M | 265.3M | 157.7M | |
| Net Debt | (80.8M) | 326.0M | 15.2M | (255.0M) | 41.2M | 43.3M | |
| Retained Earnings | (329.7M) | (541.4M) | (829.8M) | (1.2B) | (1.5B) | (1.4B) | |
| Accounts Payable | 7.5M | 9.6M | 11.6M | 7.6M | 6.9M | 8.6M | |
| Cash | 306.0M | 259.9M | 240.4M | 526.6M | 236.7M | 292.1M | |
| Non Current Assets Total | 41.1M | 285.4M | 295.6M | 294.6M | 323.8M | 229.4M | |
| Non Currrent Assets Other | 5.5M | 8.9M | 19.2M | 23.4M | 45.6M | 47.8M | |
| Other Assets | 10.1M | 8.9M | 19.2M | 23.4M | 26.9M | 15.0M | |
| Cash And Short Term Investments | 351.3M | 386.3M | 312.0M | 529.3M | 519.5M | 400.8M | |
| Net Receivables | 12.7M | 32.2M | 59.1M | 82.4M | 88.3M | 51.4M | |
| Common Stock Shares Outstanding | 158.7M | 161.5M | 176.4M | 200.0M | 220.4M | 195.5M | |
| Short Term Investments | 45.3M | 126.4M | 71.6M | 2.7M | 282.8M | 296.9M | |
| Liabilities And Stockholders Equity | 421.7M | 731.1M | 707.0M | 955.0M | 962.0M | 713.3M | |
| Non Current Liabilities Total | 466.9M | 580.4M | 248.0M | 266.1M | 268.4M | 277.5M | |
| Capital Lease Obligations | 22.1M | 205.2M | 221.0M | 224.8M | 234.3M | 166.4M | |
| Other Current Assets | 3.5M | 27.3M | 40.3M | 48.7M | 30.3M | 27.8M | |
| Other Stockholder Equity | (66.1M) | (202.5M) | 1.0B | 1.6B | 1.8B | 1.9B | |
| Total Liab | 567.0M | 743.9M | 503.2M | 598.4M | 635.6M | 612.9M | |
| Net Invested Capital | 57.8M | 367.9M | 238.5M | 403.3M | 370.0M | 230.3M | |
| Property Plant And Equipment Gross | 30.9M | 257.4M | 273.7M | 271.2M | 320.8M | 212.3M | |
| Total Current Assets | 380.6M | 445.8M | 411.4M | 660.4M | 638.1M | 483.9M | |
| Accumulated Other Comprehensive Income | (102K) | 39K | (626K) | (873K) | (236K) | (247.8K) | |
| Non Current Liabilities Other | 2.7M | 3.0M | 5.0M | 2.2M | 3.7M | 3.2M | |
| Net Working Capital | 280.5M | 282.3M | 156.2M | 328.1M | 292.5M | 256.5M | |
| Short Term Debt | 11.6M | 8.4M | 12.6M | 14.8M | 19.2M | 12.6M | |
| Property Plant Equipment | 30.9M | 257.4M | 273.7M | 95.0M | 109.2M | 145.4M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in AsanaInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in AsanaInc Stock, please use our How to Invest in AsanaInc guide.Note that the AsanaInc information on this page should be used as a complementary analysis to other AsanaInc's 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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When running AsanaInc's price analysis, check to measure AsanaInc'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 AsanaInc is operating at the current time. Most of AsanaInc's value examination focuses on studying past and present price action to predict the probability of AsanaInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AsanaInc's price. Additionally, you may evaluate how the addition of AsanaInc to your portfolios can decrease your overall portfolio volatility.
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Is AsanaInc'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 AsanaInc. If investors know AsanaInc 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 AsanaInc 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 2.96 | Quarterly Revenue Growth 0.139 | Return On Assets (0.17) | Return On Equity (0.75) |
The market value of AsanaInc is measured differently than its book value, which is the value of AsanaInc that is recorded on the company's balance sheet. Investors also form their own opinion of AsanaInc's value that differs from its market value or its book value, called intrinsic value, which is AsanaInc'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 AsanaInc's market value can be influenced by many factors that don't directly affect AsanaInc'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 AsanaInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if AsanaInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AsanaInc'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.