AsanaInc Total Current Liabilities vs Deferred Long Term Liab 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 Total Current Liabilities and its Deferred Long Term Liab 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.

Total Current Liabilities vs Deferred Long Term Liab

Total Current Liabilities vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AsanaInc Total Current Liabilities account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AsanaInc's Total Current Liabilities and Deferred Long Term Liab is 0.96. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of AsanaInc, assuming nothing else is changed. The correlation between historical values of AsanaInc's Total Current Liabilities and Deferred Long Term Liab 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 Current Liabilities of AsanaInc are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Current Liabilities i.e., AsanaInc's Total Current Liabilities and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on AsanaInc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AsanaInc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 Amortization8.5M19.6M14.3M10.1M
Interest Income506K6.9M21.1M22.2M

AsanaInc fundamental ratios Correlations

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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
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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
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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
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Click cells to compare fundamentals

AsanaInc Account Relationship Matchups

AsanaInc 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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When determining whether AsanaInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AsanaInc'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 Asanainc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asanainc Stock:
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.
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.