CyberArk Short Term Investments vs Total 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 Short Term Investments and its Total 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.
Short Term Investments vs Total Current Assets
Short Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CyberArk Software Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CyberArk Software's Short Term Investments and Total Current Assets is 0.87. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total 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 Short Term Investments and Total 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 Short Term Investments of CyberArk Software are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Investments i.e., CyberArk Software's Short Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of CyberArk Software balance sheet. It contains any investments CyberArk Software undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that CyberArk Software can easily liquidate in the marketplace.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 |
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 |
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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.