CyberArk Good Will vs Property Plant Equipment Analysis

CYBR Stock

USD 242.60 2.47 1.01%

CyberArk Software financial indicator trend analysis is way more than just evaluating CyberArk Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CyberArk Software is a good investment. Please check the relationship between CyberArk Software Good Will and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CyberArk Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in CyberArk Stock, please use our How to Invest in CyberArk Software guide.

Good Will vs Property Plant Equipment

Good Will vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CyberArk Software Good Will account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.

The correlation between CyberArk Software's Good Will and Property Plant Equipment is 0.84. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of CyberArk Software, assuming nothing else is changed. The correlation between historical values of CyberArk Software's Good Will and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of CyberArk Software are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Good Will i.e., CyberArk Software's Good Will and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant Equipment

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

To learn how to invest in CyberArk Stock, please use our How to Invest in CyberArk Software guide.At this time, CyberArk Software's Selling General Administrative is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value is likely to grow to about 9.8 B, though Tax Provision is likely to grow to (1.1 M).

	2021	2022	2023	2024 (projected)
Gross Profit	409.6M	465.7M	597.3M	627.1M
Total Revenue	502.9M	591.7M	751.9M	789.5M

Gross Profit Total Revenue

CyberArk Software fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity
Common Stock Shares Outstanding		0.9	0.81	0.67	0.96	0.92	0.78	0.8	0.38	0.38	0.85	0.76	0.85	0.79	0.79	0.9	0.83	0.89	0.86	0.64	-0.91	0.83	0.9	0.85	0.8	-0.38
Total Assets	0.9		0.98	0.83	0.91	0.9	0.91	0.94	0.65	0.19	0.89	0.72	0.97	0.95	0.94	0.91	0.96	0.72	0.98	0.68	-0.69	0.95	0.98	0.99	0.93	-0.58
Other Current Liab	0.81	0.98		0.89	0.82	0.82	0.92	0.97	0.77	-0.01	0.86	0.61	0.98	0.97	0.97	0.84	0.97	0.59	0.98	0.6	-0.56	0.97	0.97	0.99	0.96	-0.67
Total Current Liabilities	0.67	0.83	0.89		0.61	0.59	0.98	0.95	0.75	-0.3	0.63	0.35	0.89	0.85	0.93	0.57	0.95	0.48	0.85	0.17	-0.46	0.93	0.9	0.85	0.88	-0.9
Total Stockholder Equity	0.96	0.91	0.82	0.61		0.99	0.74	0.77	0.4	0.46	0.9	0.8	0.84	0.79	0.76	0.97	0.8	0.87	0.87	0.75	-0.8	0.81	0.87	0.87	0.78	-0.27
Other Liab	0.92	0.9	0.82	0.59	0.99		0.71	0.75	0.43	0.47	0.91	0.79	0.83	0.79	0.75	0.97	0.78	0.8	0.87	0.79	-0.74	0.79	0.84	0.86	0.79	-0.23
Property Plant And Equipment Net	0.78	0.91	0.92	0.98	0.74	0.71		0.97	0.69	-0.11	0.71	0.5	0.93	0.88	0.95	0.7	0.98	0.59	0.9	0.31	-0.58	0.96	0.95	0.9	0.91	-0.83
Current Deferred Revenue	0.8	0.94	0.97	0.95	0.77	0.75	0.97		0.79	-0.14	0.83	0.48	0.98	0.97	1.0	0.74	0.99	0.59	0.96	0.44	-0.58	0.99	0.98	0.95	0.98	-0.75
Net Debt	0.38	0.65	0.77	0.75	0.4	0.43	0.69	0.79		-0.47	0.64	0.0	0.79	0.8	0.82	0.39	0.74	0.13	0.76	0.29	-0.11	0.79	0.68	0.72	0.81	-0.6
Retained Earnings	0.38	0.19	-0.01	-0.3	0.46	0.47	-0.11	-0.14	-0.47		0.19	0.67	0.0	-0.06	-0.15	0.48	-0.05	0.46	0.08	0.6	-0.47	-0.07	0.05	0.1	-0.11	0.44
Accounts Payable	0.85	0.89	0.86	0.63	0.9	0.91	0.71	0.83	0.64	0.19		0.61	0.89	0.91	0.84	0.89	0.8	0.69	0.9	0.77	-0.61	0.83	0.85	0.89	0.87	-0.26
Cash	0.76	0.72	0.61	0.35	0.8	0.79	0.5	0.48	0.0	0.67	0.61		0.54	0.54	0.47	0.88	0.54	0.7	0.59	0.76	-0.66	0.5	0.61	0.68	0.46	-0.14
Non Current Assets Total	0.85	0.97	0.98	0.89	0.84	0.83	0.93	0.98	0.79	0.0	0.89	0.54		0.97	0.98	0.81	0.98	0.64	0.99	0.57	-0.63	0.99	0.98	0.98	0.98	-0.65
Non Currrent Assets Other	0.79	0.95	0.97	0.85	0.79	0.79	0.88	0.97	0.8	-0.06	0.91	0.54	0.97		0.98	0.8	0.94	0.57	0.97	0.61	-0.54	0.95	0.94	0.97	0.97	-0.6
Other Assets	0.79	0.94	0.97	0.93	0.76	0.75	0.95	1.0	0.82	-0.15	0.84	0.47	0.98	0.98		0.74	0.98	0.57	0.96	0.47	-0.55	0.98	0.97	0.95	0.99	-0.73
Cash And Short Term Investments	0.9	0.91	0.84	0.57	0.97	0.97	0.7	0.74	0.39	0.48	0.89	0.88	0.81	0.8	0.74		0.77	0.79	0.85	0.84	-0.71	0.77	0.83	0.88	0.75	-0.24
Net Receivables	0.83	0.96	0.97	0.95	0.8	0.78	0.98	0.99	0.74	-0.05	0.8	0.54	0.98	0.94	0.98	0.77		0.63	0.96	0.44	-0.61	0.99	0.99	0.96	0.95	-0.77
Common Stock Total Equity	0.89	0.72	0.59	0.48	0.87	0.8	0.59	0.59	0.13	0.46	0.69	0.7	0.64	0.57	0.57	0.79	0.63		0.67	0.52	-0.85	0.64	0.73	0.64	0.59	-0.21
Short Term Investments	0.86	0.98	0.98	0.85	0.87	0.87	0.9	0.96	0.76	0.08	0.9	0.59	0.99	0.97	0.96	0.85	0.96	0.67		0.64	-0.63	0.98	0.97	0.98	0.96	-0.6
Non Current Liabilities Total	0.64	0.68	0.6	0.17	0.75	0.79	0.31	0.44	0.29	0.6	0.77	0.76	0.57	0.61	0.47	0.84	0.44	0.52	0.64		-0.49	0.47	0.53	0.67	0.52	0.13
Inventory	-0.91	-0.69	-0.56	-0.46	-0.8	-0.74	-0.58	-0.58	-0.11	-0.47	-0.61	-0.66	-0.63	-0.54	-0.55	-0.71	-0.61	-0.85	-0.63	-0.49		-0.62	-0.7	-0.61	-0.57	0.26
Other Current Assets	0.83	0.95	0.97	0.93	0.81	0.79	0.96	0.99	0.79	-0.07	0.83	0.5	0.99	0.95	0.98	0.77	0.99	0.64	0.98	0.47	-0.62		0.99	0.96	0.97	-0.72
Other Stockholder Equity	0.9	0.98	0.97	0.9	0.87	0.84	0.95	0.98	0.68	0.05	0.85	0.61	0.98	0.94	0.97	0.83	0.99	0.73	0.97	0.53	-0.7	0.99		0.97	0.96	-0.69
Total Liab	0.85	0.99	0.99	0.85	0.87	0.86	0.9	0.95	0.72	0.1	0.89	0.68	0.98	0.97	0.95	0.88	0.96	0.64	0.98	0.67	-0.61	0.96	0.97		0.94	-0.61
Property Plant And Equipment Gross	0.8	0.93	0.96	0.88	0.78	0.79	0.91	0.98	0.81	-0.11	0.87	0.46	0.98	0.97	0.99	0.75	0.95	0.59	0.96	0.52	-0.57	0.97	0.96	0.94		-0.65
Preferred Stock Total Equity	-0.38	-0.58	-0.67	-0.9	-0.27	-0.23	-0.83	-0.75	-0.6	0.44	-0.26	-0.14	-0.65	-0.6	-0.73	-0.24	-0.77	-0.21	-0.6	0.13	0.26	-0.72	-0.69	-0.61	-0.65

Click cells to compare fundamentals

CyberArk Software Account Relationship Matchups

CyberArk Software fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	38.9M	38.6M	39.6M	40.6M	41.7M	39.1M
Total Assets	1.4B	1.6B	1.7B	1.8B	2.0B	2.1B
Other Current Liab	62.6M	70.1M	92.0M	103.1M	123.9M	130.1M
Total Current Liabilities	192.7M	247.0M	340.0M	452.5M	1.1B	1.2B
Total Stockholder Equity	624.1M	707.3M	726.5M	678.1M	792.3M	470.4M
Other Liab	84.7M	89.5M	106.6M	90.6M	104.2M	56.5M
Property Plant And Equipment Net	16.5M	18.5M	20.2M	23.5M	48.7M	51.1M
Current Deferred Revenue	118.5M	161.7M	230.9M	327.9M	409.2M	429.7M
Net Debt	(307.2M)	2.3M	163.2M	229.9M	246.9M	259.3M
Retained Earnings	226.8M	221.0M	137.1M	33.3M	(33.2M)	(31.5M)
Accounts Payable	5.7M	8.3M	10.1M	13.6M	11.0M	6.0M
Cash	792.4M	500.0M	356.9M	347.3M	355.9M	312.7M
Non Current Assets Total	259.0M	500.9M	631.3M	721.8M	811.5M	852.0M
Non Currrent Assets Other	72.1M	100.0M	121.7M	217.0M	182.3M	191.4M
Other Assets	74.1M	112.4M	168.9M	252.0M	289.8M	304.3M
Cash And Short Term Investments	1.1B	953.0M	926.4M	954.3M	993.4M	588.9M
Net Receivables	73.0M	93.1M	113.2M	120.8M	186.5M	195.8M
Common Stock Total Equity	91K	95K	99K	101K	116.2K	82.1K
Short Term Investments	272.5M	453.0M	569.6M	606.9M	637.5M	669.4M
Liabilities And Stockholders Equity	1.4B	1.6B	1.7B	1.8B	2.0B	2.1B
Non Current Liabilities Total	588.4M	608.1M	626.7M	688.8M	105.3M	100.0M
Other Current Assets	8.4M	15.3M	22.2M	22.5M	30.9M	32.4M
Other Stockholder Equity	396.4M	482.0M	588.9M	660.3M	827.3M	868.6M
Total Liab	781.0M	855.1M	966.7M	1.1B	1.2B	1.3B
Property Plant And Equipment Gross	16.5M	18.5M	47.1M	57.7M	57.5M	60.4M
Total Current Assets	1.1B	1.1B	1.1B	1.1B	1.2B	672.3M
Accumulated Other Comprehensive Income	818K	4.2M	397K	(15.6M)	(1.8M)	(1.9M)
Short Term Debt	5.9M	7.0M	7.0M	7.9M	580.6M	609.6M
Common Stock	99K	101K	104K	107K	111K	91.1K
Property Plant Equipment	39.0M	38.9M	20.2M	61.3M	70.5M	74.1M
Long Term Investments	54.4M	202.2M	300.7M	227.7M	324.5M	340.8M
Net Tangible Assets	532.6M	559.9M	584.9M	497.4M	572.0M	416.6M
Deferred Long Term Liab	37.1M	48.7M	96.6M	138.9M	159.7M	167.7M
Intangible Assets	9.1M	23.7M	17.9M	27.5M	20.2M	19.8M
Non Current Liabilities Other	31.4M	24.9M	20.2M	38.9M	33.8M	21.5M
Net Invested Capital	1.1B	1.2B	1.2B	1.2B	1.4B	1.1B
Net Working Capital	953.5M	814.4M	721.9M	645.1M	86.8M	82.5M

Pair Trading with CyberArk Software

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

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

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

When determining whether CyberArk Software is a strong investment it is important to analyze CyberArk Software's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CyberArk Software's future performance. For an informed investment choice regarding CyberArk Stock, refer to the following important reports:

How To Invest In CyberArk

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Is CyberArk Stock a good investment?

Details

What is CyberArk Software's Net Worth?

Details

Largest Software - Infrastructure Companies

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Largest Information Technology Companies

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

To learn how to invest in CyberArk Stock, please use our How to Invest in CyberArk Software guide.

Note that the CyberArk Software information on this page should be used as a complementary analysis to other CyberArk Software'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.

Complementary Tools for CyberArk Stock analysis

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

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Is CyberArk Software'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 CyberArk Software. If investors know CyberArk 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 CyberArk Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.43)

Earnings Share

(1.59)

Revenue Per Share

18.049

Quarterly Revenue Growth

0.319

Return On Assets

(0.04)

The market value of CyberArk Software is measured differently than its book value, which is the value of CyberArk that is recorded on the company's balance sheet. Investors also form their own opinion of CyberArk Software's value that differs from its market value or its book value, called intrinsic value, which is CyberArk Software'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 CyberArk Software's market value can be influenced by many factors that don't directly affect CyberArk Software'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 CyberArk Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if CyberArk Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CyberArk Software'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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CyberArk Good Will vs Property Plant Equipment Analysis

Good Will vs Property Plant Equipment

Good Will vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Good Will

Property Plant Equipment

CyberArk Software fundamental ratios Correlations

CyberArk Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CyberArk Software fundamental ratios Accounts

Pair Trading with CyberArk Software

Complementary Tools for CyberArk Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Assets	+ 1.0	Current Deferred Revenue
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Other Current Liab
Other Liab	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.99	Current Deferred Revenue
Other Current Assets	+ 0.99	Current Deferred Revenue

Inventory	- 0.91	Common Stock Shares Outstanding
Preferred Stock Total Equity	- 0.9	Total Current Liabilities
Inventory	- 0.85	Common Stock Total Equity
Preferred Stock Total Equity	- 0.83	Property Plant And Equipment Net
Inventory	- 0.8	Total Stockholder Equity
Preferred Stock Total Equity	- 0.77	Net Receivables