Acceleware Net Debt vs Cash And Short Term Investments Analysis

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

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acceleware Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Acceleware's Net Debt and Cash And Short Term Investments is -0.74. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Acceleware, assuming nothing else is changed. The correlation between historical values of Acceleware's Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Acceleware are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Acceleware's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Acceleware balance sheet. This account contains Acceleware investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Acceleware 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.

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

At this time, Acceleware's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 6.78 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (5.20) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	711.2K	309.5K	241.2K	229.2K
Total Revenue	752.8K	328.3K	279.0K	265.1K

Gross Profit Total Revenue

Acceleware fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Current Deferred Revenue	Inventory	Other Current Assets	Non Currrent Assets Other	Short Term Investments	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Non Current Liabilities Total	Net Tangible Assets	Short Long Term Debt
Total Assets		0.85	0.14	-0.81	-0.27	0.48	0.9	0.01	0.9	0.9	0.58	-0.51	0.34	1.0	0.05	0.43	-0.23	0.36	-0.07	-0.27	-0.22	0.74	-0.26	-0.09	0.09	0.45
Total Current Liabilities	0.85		-0.34	-0.45	-0.6	0.7	0.74	0.23	0.74	0.81	0.77	-0.61	0.72	0.84	-0.17	0.5	-0.36	0.49	-0.02	-0.33	0.16	0.63	0.06	0.35	-0.4	0.63
Total Stockholder Equity	0.14	-0.34		-0.65	0.75	-0.45	0.09	-0.42	0.08	0.09	-0.45	0.29	-0.88	0.16	0.55	-0.09	0.26	-0.18	-0.08	0.18	-0.89	0.1	-0.69	-0.99	0.95	-0.6
Net Debt	-0.81	-0.45	-0.65		-0.26	-0.07	-0.75	0.3	-0.74	-0.67	-0.15	0.27	0.23	-0.82	-0.41	-0.31	0.04	-0.2	-0.01	0.0	0.66	-0.64	0.59	0.6	-0.57	0.01
Retained Earnings	-0.27	-0.6	0.75	-0.26		-0.45	-0.25	-0.52	-0.26	-0.27	-0.86	0.13	-0.84	-0.25	0.76	-0.26	0.44	-0.3	0.43	0.73	-0.64	-0.21	-0.38	-0.76	0.69	-0.71
Accounts Payable	0.48	0.7	-0.45	-0.07	-0.45		0.22	0.07	0.22	0.71	0.46	-0.41	0.64	0.48	-0.12	0.21	-0.24	0.39	0.04	-0.17	0.15	0.09	0.0	0.44	-0.61	0.38
Cash	0.9	0.74	0.09	-0.75	-0.25	0.22		0.12	1.0	0.65	0.49	-0.53	0.36	0.9	0.01	0.3	-0.22	0.15	0.05	-0.16	-0.01	0.85	-0.01	-0.02	0.13	0.59
Non Current Assets Total	0.01	0.23	-0.42	0.3	-0.52	0.07	0.12		0.14	0.02	0.37	-0.16	0.42	-0.02	-0.21	-0.08	-0.51	-0.13	-0.11	-0.34	0.53	0.2	0.67	0.38	-0.28	0.38
Cash And Short Term Investments	0.9	0.74	0.08	-0.74	-0.26	0.22	1.0	0.14		0.64	0.49	-0.53	0.36	0.89	0.0	0.3	-0.23	0.15	0.05	-0.16	0.0	0.85	0.01	-0.01	0.12	0.59
Net Receivables	0.9	0.81	0.09	-0.67	-0.27	0.71	0.65	0.02	0.64		0.53	-0.45	0.33	0.89	0.08	0.36	-0.33	0.4	-0.13	-0.31	-0.3	0.5	-0.35	-0.06	-0.02	0.25
Common Stock Shares Outstanding	0.58	0.77	-0.45	-0.15	-0.86	0.46	0.49	0.37	0.49	0.53		-0.3	0.69	0.57	-0.49	0.45	-0.41	0.41	-0.35	-0.68	0.31	0.41	0.1	0.46	-0.42	0.66
Other Stockholder Equity	-0.51	-0.61	0.29	0.27	0.13	-0.41	-0.53	-0.16	-0.53	-0.45	-0.3		-0.52	-0.51	-0.33	-0.36	0.2	-0.28	-0.69	-0.4	-0.27	-0.34	-0.32	-0.32	0.28	-0.43
Total Liab	0.34	0.72	-0.88	0.23	-0.84	0.64	0.36	0.42	0.36	0.33	0.69	-0.52		0.33	-0.51	0.28	-0.36	0.32	0.05	-0.3	0.75	0.27	0.55	0.9	-0.85	0.79
Total Current Assets	1.0	0.84	0.16	-0.82	-0.25	0.48	0.9	-0.02	0.89	0.89	0.57	-0.51	0.33		0.05	0.43	-0.21	0.36	-0.06	-0.26	-0.23	0.73	-0.28	-0.1	0.1	0.44
Property Plant And Equipment Net	0.05	-0.17	0.55	-0.41	0.76	-0.12	0.01	-0.21	0.0	0.08	-0.49	-0.33	-0.51	0.05		0.05	0.07	-0.03	0.66	0.73	-0.56	-0.02	-0.32	-0.58	0.46	-0.49
Current Deferred Revenue	0.43	0.5	-0.09	-0.31	-0.26	0.21	0.3	-0.08	0.3	0.36	0.45	-0.36	0.28	0.43	0.05		-0.2	0.95	0.04	-0.14	-0.13	-0.02	-0.24	0.07	-0.19	0.29
Inventory	-0.23	-0.36	0.26	0.04	0.44	-0.24	-0.22	-0.51	-0.23	-0.33	-0.41	0.2	-0.36	-0.21	0.07	-0.2		-0.23	0.16	0.35	-0.17	-0.11	-0.12	-0.25	0.26	-0.21
Other Current Assets	0.36	0.49	-0.18	-0.2	-0.3	0.39	0.15	-0.13	0.15	0.4	0.41	-0.28	0.32	0.36	-0.03	0.95	-0.23		-0.04	-0.19	-0.13	-0.16	-0.29	0.14	-0.33	0.23
Non Currrent Assets Other	-0.07	-0.02	-0.08	-0.01	0.43	0.04	0.05	-0.11	0.05	-0.13	-0.35	-0.69	0.05	-0.06	0.66	0.04	0.16	-0.04		0.91	0.13	-0.04	0.3	0.08	-0.1	-0.01
Short Term Investments	-0.27	-0.33	0.18	0.0	0.73	-0.17	-0.16	-0.34	-0.16	-0.31	-0.68	-0.4	-0.3	-0.26	0.73	-0.14	0.35	-0.19	0.91		-0.09	-0.18	0.12	-0.19	0.14	-0.31
Short Long Term Debt Total	-0.22	0.16	-0.89	0.66	-0.64	0.15	-0.01	0.53	0.0	-0.3	0.31	-0.27	0.75	-0.23	-0.56	-0.13	-0.17	-0.13	0.13	-0.09		-0.01	0.89	0.91	-0.73	0.68
Other Current Liab	0.74	0.63	0.1	-0.64	-0.21	0.09	0.85	0.2	0.85	0.5	0.41	-0.34	0.27	0.73	-0.02	-0.02	-0.11	-0.16	-0.04	-0.18	-0.01		0.06	-0.07	0.18	0.38
Short Term Debt	-0.26	0.06	-0.69	0.59	-0.38	0.0	-0.01	0.67	0.01	-0.35	0.1	-0.32	0.55	-0.28	-0.32	-0.24	-0.12	-0.29	0.3	0.12	0.89	0.06		0.67	-0.52	0.5
Non Current Liabilities Total	-0.09	0.35	-0.99	0.6	-0.76	0.44	-0.02	0.38	-0.01	-0.06	0.46	-0.32	0.9	-0.1	-0.58	0.07	-0.25	0.14	0.08	-0.19	0.91	-0.07	0.67		-0.92	0.66
Net Tangible Assets	0.09	-0.4	0.95	-0.57	0.69	-0.61	0.13	-0.28	0.12	-0.02	-0.42	0.28	-0.85	0.1	0.46	-0.19	0.26	-0.33	-0.1	0.14	-0.73	0.18	-0.52	-0.92		-0.51
Short Long Term Debt	0.45	0.63	-0.6	0.01	-0.71	0.38	0.59	0.38	0.59	0.25	0.66	-0.43	0.79	0.44	-0.49	0.29	-0.21	0.23	-0.01	-0.31	0.68	0.38	0.5	0.66	-0.51

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Acceleware Account Relationship Matchups

Acceleware fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.5M	3.9M	5.4M	2.5M	1.5M	1.4M
Total Current Liabilities	5.3M	3.7M	6.1M	3.1M	3.2M	2.1M
Total Stockholder Equity	1.1M	(667.4K)	(4.1M)	(7.2M)	(8.0M)	(7.6M)
Net Debt	(4.2M)	(1.8M)	(1.6M)	201.9K	1.5M	1.6M
Retained Earnings	(29.0M)	(31.1M)	(35.2M)	(40.3M)	(42.3M)	(40.2M)
Accounts Payable	155.8K	295.7K	3.7M	1.3M	730.5K	709.5K
Cash	4.4M	1.9M	1.9M	1.1M	951.6K	1.7M
Non Current Assets Total	164.1K	173.6K	154.9K	84.1K	254.0K	305.1K
Cash And Short Term Investments	4.4M	1.9M	1.9M	1.1M	951.6K	1.7M
Net Receivables	1.9M	1.2M	3.0M	1.0M	280.6K	266.6K
Common Stock Shares Outstanding	104.5M	105.5M	106.6M	109.3M	116.9M	75.8M
Liabilities And Stockholders Equity	6.5M	3.9M	5.4M	2.5M	1.5M	1.4M
Total Liab	5.4M	4.5M	9.5M	9.7M	9.5M	10.0M
Total Current Assets	6.4M	3.7M	5.2M	2.4M	1.3M	1.2M
Accumulated Other Comprehensive Income	7.9M	8.0M	7.9M	8.6M	675.2K	641.4K
Property Plant And Equipment Net	164.1K	173.6K	154.9K	84.1K	49.7K	47.2K
Current Deferred Revenue	553.1K	2.6M	829.3K	967.5K	79.1K	75.2K
Non Currrent Assets Other	207.6K	197.9K	164.1K	206.7K	204.3K	227.6K
Short Long Term Debt Total	155.3K	173.9K	344.4K	1.3M	2.5M	2.6M
Other Current Liab	4.5M	710.4K	1.5M	742.1K	1.5M	1.3M
Short Term Debt	115.6K	54.0K	27.9K	30.2K	976.7K	1.0M
Non Current Liabilities Total	39.8K	869.9K	3.4M	6.6M	6.2M	6.6M
Net Tangible Assets	2.2M	1.1M	(667.4K)	(4.1M)	(3.7M)	(3.5M)
Common Stock	22.3M	22.4M	23.2M	24.5M	25.3M	22.9M
Property Plant Equipment	197.9K	164.1K	173.6K	154.9K	178.1K	170.5K
Capital Lease Obligations	155.3K	173.9K	344.4K	91.4K	105.1K	187.9K
Net Invested Capital	1.1M	(667.4K)	(4.1M)	(5.9M)	(5.6M)	(5.3M)
Net Working Capital	1.0M	28.9K	(911.3K)	(635.6K)	(2.0M)	(1.9M)
Capital Stock	22.3M	22.4M	23.2M	24.5M	25.3M	25.6M

Pair Trading with Acceleware

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

Moving against Acceleware Stock

0.57

THRM

Therma Bright

Pair Corr

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

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

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

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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

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Please note, there is a significant difference between Acceleware's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acceleware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acceleware'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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Acceleware Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Acceleware fundamental ratios Correlations

Acceleware Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Acceleware fundamental ratios Accounts

Pair Trading with Acceleware

Moving against Acceleware Stock

Complementary Tools for Acceleware Stock analysis

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Net Tangible Assets	+ 0.95	Total Stockholder Equity
Other Current Assets	+ 0.95	Current Deferred Revenue
Short Term Investments	+ 0.91	Non Currrent Assets Other
Non Current Liabilities Total	+ 0.91	Short Long Term Debt Total

Non Current Liabilities Total	- 0.99	Total Stockholder Equity
Net Tangible Assets	- 0.92	Non Current Liabilities Total
Short Long Term Debt Total	- 0.89	Total Stockholder Equity
Total Liab	- 0.88	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.86	Retained Earnings
Net Tangible Assets	- 0.85	Total Liab