Acceleware Total Stockholder Equity vs Total Assets Analysis

AXE Stock  CAD 0.12  0.00  0.00%   
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 Total Stockholder Equity and its Total Assets 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.

Total Stockholder Equity vs Total Assets

Total Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acceleware Total Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Acceleware's Total Stockholder Equity and Total Assets is 0.14. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Acceleware, assuming nothing else is changed. The correlation between historical values of Acceleware's Total Stockholder Equity 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 Total Stockholder Equity of Acceleware 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 Total Stockholder Equity i.e., Acceleware's Total Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Total Assets

Total assets refers to the total amount of Acceleware 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 Acceleware 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 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 Profit711.2K309.5K241.2K229.2K
Total Revenue752.8K328.3K279.0K265.1K

Acceleware fundamental ratios Correlations

0.850.14-0.81-0.270.480.90.010.90.90.58-0.510.341.00.050.43-0.230.36-0.07-0.27-0.220.74-0.26-0.090.090.45
0.85-0.34-0.45-0.60.70.740.230.740.810.77-0.610.720.84-0.170.5-0.360.49-0.02-0.330.160.630.060.35-0.40.63
0.14-0.34-0.650.75-0.450.09-0.420.080.09-0.450.29-0.880.160.55-0.090.26-0.18-0.080.18-0.890.1-0.69-0.990.95-0.6
-0.81-0.45-0.65-0.26-0.07-0.750.3-0.74-0.67-0.150.270.23-0.82-0.41-0.310.04-0.2-0.010.00.66-0.640.590.6-0.570.01
-0.27-0.60.75-0.26-0.45-0.25-0.52-0.26-0.27-0.860.13-0.84-0.250.76-0.260.44-0.30.430.73-0.64-0.21-0.38-0.760.69-0.71
0.480.7-0.45-0.07-0.450.220.070.220.710.46-0.410.640.48-0.120.21-0.240.390.04-0.170.150.090.00.44-0.610.38
0.90.740.09-0.75-0.250.220.121.00.650.49-0.530.360.90.010.3-0.220.150.05-0.16-0.010.85-0.01-0.020.130.59
0.010.23-0.420.3-0.520.070.120.140.020.37-0.160.42-0.02-0.21-0.08-0.51-0.13-0.11-0.340.530.20.670.38-0.280.38
0.90.740.08-0.74-0.260.221.00.140.640.49-0.530.360.890.00.3-0.230.150.05-0.160.00.850.01-0.010.120.59
0.90.810.09-0.67-0.270.710.650.020.640.53-0.450.330.890.080.36-0.330.4-0.13-0.31-0.30.5-0.35-0.06-0.020.25
0.580.77-0.45-0.15-0.860.460.490.370.490.53-0.30.690.57-0.490.45-0.410.41-0.35-0.680.310.410.10.46-0.420.66
-0.51-0.610.290.270.13-0.41-0.53-0.16-0.53-0.45-0.3-0.52-0.51-0.33-0.360.2-0.28-0.69-0.4-0.27-0.34-0.32-0.320.28-0.43
0.340.72-0.880.23-0.840.640.360.420.360.330.69-0.520.33-0.510.28-0.360.320.05-0.30.750.270.550.9-0.850.79
1.00.840.16-0.82-0.250.480.9-0.020.890.890.57-0.510.330.050.43-0.210.36-0.06-0.26-0.230.73-0.28-0.10.10.44
0.05-0.170.55-0.410.76-0.120.01-0.210.00.08-0.49-0.33-0.510.050.050.07-0.030.660.73-0.56-0.02-0.32-0.580.46-0.49
0.430.5-0.09-0.31-0.260.210.3-0.080.30.360.45-0.360.280.430.05-0.20.950.04-0.14-0.13-0.02-0.240.07-0.190.29
-0.23-0.360.260.040.44-0.24-0.22-0.51-0.23-0.33-0.410.2-0.36-0.210.07-0.2-0.230.160.35-0.17-0.11-0.12-0.250.26-0.21
0.360.49-0.18-0.2-0.30.390.15-0.130.150.40.41-0.280.320.36-0.030.95-0.23-0.04-0.19-0.13-0.16-0.290.14-0.330.23
-0.07-0.02-0.08-0.010.430.040.05-0.110.05-0.13-0.35-0.690.05-0.060.660.040.16-0.040.910.13-0.040.30.08-0.1-0.01
-0.27-0.330.180.00.73-0.17-0.16-0.34-0.16-0.31-0.68-0.4-0.3-0.260.73-0.140.35-0.190.91-0.09-0.180.12-0.190.14-0.31
-0.220.16-0.890.66-0.640.15-0.010.530.0-0.30.31-0.270.75-0.23-0.56-0.13-0.17-0.130.13-0.09-0.010.890.91-0.730.68
0.740.630.1-0.64-0.210.090.850.20.850.50.41-0.340.270.73-0.02-0.02-0.11-0.16-0.04-0.18-0.010.06-0.070.180.38
-0.260.06-0.690.59-0.380.0-0.010.670.01-0.350.1-0.320.55-0.28-0.32-0.24-0.12-0.290.30.120.890.060.67-0.520.5
-0.090.35-0.990.6-0.760.44-0.020.38-0.01-0.060.46-0.320.9-0.1-0.580.07-0.250.140.08-0.190.91-0.070.67-0.920.66
0.09-0.40.95-0.570.69-0.610.13-0.280.12-0.02-0.420.28-0.850.10.46-0.190.26-0.33-0.10.14-0.730.18-0.52-0.92-0.51
0.450.63-0.60.01-0.710.380.590.380.590.250.66-0.430.790.44-0.490.29-0.210.23-0.01-0.310.680.380.50.66-0.51
Click cells to compare fundamentals

Acceleware Account Relationship Matchups

Acceleware fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5M3.9M5.4M2.5M1.5M1.4M
Total Current Liabilities5.3M3.7M6.1M3.1M3.2M2.1M
Total Stockholder Equity1.1M(667.4K)(4.1M)(7.2M)(8.0M)(7.6M)
Net Debt(4.2M)(1.8M)(1.6M)201.9K1.5M1.6M
Retained Earnings(29.0M)(31.1M)(35.2M)(40.3M)(42.3M)(40.2M)
Accounts Payable155.8K295.7K3.7M1.3M730.5K709.5K
Cash4.4M1.9M1.9M1.1M951.6K1.7M
Non Current Assets Total164.1K173.6K154.9K84.1K254.0K305.1K
Cash And Short Term Investments4.4M1.9M1.9M1.1M951.6K1.7M
Net Receivables1.9M1.2M3.0M1.0M280.6K266.6K
Common Stock Shares Outstanding104.5M105.5M106.6M109.3M116.9M75.8M
Liabilities And Stockholders Equity6.5M3.9M5.4M2.5M1.5M1.4M
Total Liab5.4M4.5M9.5M9.7M9.5M10.0M
Total Current Assets6.4M3.7M5.2M2.4M1.3M1.2M
Accumulated Other Comprehensive Income7.9M8.0M7.9M8.6M675.2K641.4K
Property Plant And Equipment Net164.1K173.6K154.9K84.1K49.7K47.2K
Current Deferred Revenue553.1K2.6M829.3K967.5K79.1K75.2K
Non Currrent Assets Other207.6K197.9K164.1K206.7K204.3K227.6K
Short Long Term Debt Total155.3K173.9K344.4K1.3M2.5M2.6M
Other Current Liab4.5M710.4K1.5M742.1K1.5M1.3M
Short Term Debt115.6K54.0K27.9K30.2K976.7K1.0M
Non Current Liabilities Total39.8K869.9K3.4M6.6M6.2M6.6M
Net Tangible Assets2.2M1.1M(667.4K)(4.1M)(3.7M)(3.5M)
Common Stock22.3M22.4M23.2M24.5M25.3M22.9M
Property Plant Equipment197.9K164.1K173.6K154.9K178.1K170.5K
Capital Lease Obligations155.3K173.9K344.4K91.4K105.1K187.9K
Net Invested Capital1.1M(667.4K)(4.1M)(5.9M)(5.6M)(5.3M)
Net Working Capital1.0M28.9K(911.3K)(635.6K)(2.0M)(1.9M)
Capital Stock22.3M22.4M23.2M24.5M25.3M25.6M

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

  0.57THRM Therma BrightPairCorr
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 CorrelationCorrelation 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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.