Extreme Good Will vs Retained Earnings Analysis
EXTR Stock | USD 11.44 0.18 1.55% |
Extreme Networks financial indicator trend analysis is much more than just examining Extreme Networks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Extreme Networks is a good investment. Please check the relationship between Extreme Networks Good Will and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.
Good Will vs Retained Earnings
Good Will vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Extreme Networks Good Will account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Extreme Networks' Good Will and Retained Earnings is -0.55. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Extreme Networks, assuming nothing else is changed. The correlation between historical values of Extreme Networks' Good Will and Retained Earnings 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 Extreme Networks are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Extreme Networks' Good Will and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Extreme Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Extreme Networks 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.At this time, Extreme Networks' Selling General Administrative is relatively stable compared to the past year. As of 05/22/2024, Tax Provision is likely to grow to about 19.4 M, while Enterprise Value is likely to drop slightly above 1.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 629.9M | 754.7M | 867.9M | 911.3M | Total Revenue | 1.1B | 1.3B | 1.5B | 1.6B |
Extreme Networks fundamental ratios Correlations
Click cells to compare fundamentals
Extreme Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Extreme Networks fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 979.1M | 1.0B | 1.1B | 1.1B | 1.3B | 1.4B | |
Short Long Term Debt Total | 480.5M | 390.8M | 351.1M | 264.6M | 304.3M | 187.4M | |
Other Current Liab | 123.4M | 140.7M | 130.3M | 148.1M | 170.3M | 178.9M | |
Total Current Liabilities | 397.8M | 455.7M | 500.2M | 575.5M | 661.8M | 694.9M | |
Total Stockholder Equity | 5.4M | 54.5M | 90.3M | 116.8M | 105.1M | 143.7M | |
Property Plant And Equipment Net | 110.1M | 91.9M | 86.0M | 81.2M | 93.4M | 57.8M | |
Net Debt | 286.7M | 144.0M | 156.6M | 29.8M | 34.3M | 29.5M | |
Retained Earnings | (980.3M) | (978.3M) | (934.1M) | (856.0M) | (770.4M) | (808.9M) | |
Accounts Payable | 48.4M | 60.1M | 84.3M | 99.7M | 114.7M | 120.4M | |
Cash | 193.9M | 246.9M | 194.5M | 234.8M | 270.0M | 283.6M | |
Non Current Assets Total | 564.9M | 522.5M | 579.4M | 565.5M | 650.4M | 682.9M | |
Non Currrent Assets Other | 55.2M | 63.4M | 53.0M | 73.5M | 66.2M | 57.0M | |
Cash And Short Term Investments | 193.9M | 246.9M | 194.5M | 234.8M | 270.0M | 171.5M | |
Net Receivables | 122.7M | 156.5M | 184.1M | 182.0M | 209.4M | 219.8M | |
Common Stock Shares Outstanding | 119.8M | 127.7M | 133.5M | 133.6M | 153.7M | 114.1M | |
Liabilities And Stockholders Equity | 979.1M | 1.0B | 1.1B | 1.1B | 1.3B | 1.4B | |
Non Current Liabilities Total | 575.9M | 499.9M | 478.0M | 449.5M | 516.9M | 542.7M | |
Inventory | 62.6M | 32.9M | 49.2M | 89.0M | 102.4M | 107.5M | |
Other Current Assets | 35.0M | 51.3M | 61.2M | 70.3M | 80.8M | 84.8M | |
Other Stockholder Equity | 991.9M | 1.0B | 1.0B | 985.8M | 1.1B | 819.2M | |
Total Liab | 973.7M | 955.6M | 978.2M | 1.0B | 1.2B | 1.2B | |
Property Plant And Equipment Gross | 110.1M | 91.9M | 86.0M | 81.2M | 93.4M | 57.6M | |
Total Current Assets | 414.2M | 487.6M | 489.1M | 576.2M | 662.6M | 334.0M | |
Accumulated Other Comprehensive Income | (6.4M) | (2.8M) | (3.1M) | (13.2M) | (11.9M) | (11.3M) | |
Short Term Debt | 35.7M | 42.5M | 47.3M | 45.2M | 40.7M | 26.1M | |
Other Liab | 131.0M | 151.5M | 174.2M | 230.0M | 264.5M | 277.7M | |
Current Deferred Revenue | 190.2M | 212.4M | 238.3M | 282.5M | 324.8M | 341.1M | |
Other Assets | 55.2M | 63.4M | 60.7M | 73.5M | 66.2M | 69.5M | |
Common Stock Total Equity | 127K | 133K | 140K | 144K | 129.6K | 123.1K | |
Intangible Assets | 68.4M | 36.0M | 32.5M | 16.1M | 14.5M | 13.7M | |
Common Stock | 127K | 133K | 140K | 144K | 129.6K | 123.1K | |
Property Plant Equipment | 110.1M | 91.9M | 86.0M | 46.4M | 53.4M | 60.1M | |
Long Term Debt | 394.6M | 315.9M | 270.6M | 187.6M | 215.7M | 178.2M | |
Net Tangible Assets | (394.2M) | (312.7M) | (342.3M) | (262.2M) | (236.0M) | (224.2M) |
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Is Extreme Networks' 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 Extreme Networks. If investors know Extreme 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 Extreme Networks 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 (0.77) | Earnings Share (0.06) | Revenue Per Share 9.504 | Quarterly Revenue Growth (0.36) | Return On Assets 0.0282 |
The market value of Extreme Networks is measured differently than its book value, which is the value of Extreme that is recorded on the company's balance sheet. Investors also form their own opinion of Extreme Networks' value that differs from its market value or its book value, called intrinsic value, which is Extreme Networks' 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 Extreme Networks' market value can be influenced by many factors that don't directly affect Extreme Networks' 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 Extreme Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Extreme Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extreme Networks' 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.