CyberArk Net Receivables vs Other Current Assets 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 Net Receivables and its Other Current Assets 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.
Net Receivables vs Other Current Assets
Net Receivables vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CyberArk Software Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between CyberArk Software's Net Receivables and Other Current Assets is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets 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 Net Receivables and Other Current 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 Net Receivables of CyberArk Software are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., CyberArk Software's Net Receivables and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 04/28/2024, 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 |
CyberArk Software fundamental ratios Correlations
Click cells to compare fundamentals
CyberArk Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
CyberArk Software Investors Sentiment
The influence of CyberArk Software's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CyberArk. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CyberArk Software's public news can be used to forecast risks associated with an investment in CyberArk. The trend in average sentiment can be used to explain how an investor holding CyberArk can time the market purely based on public headlines and social activities around CyberArk Software. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CyberArk Software's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CyberArk Software's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CyberArk Software's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CyberArk Software.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CyberArk Software in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CyberArk Software's short interest history, or implied volatility extrapolated from CyberArk Software options trading.
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.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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 (1.60) | 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.