ANSYS Cost Of Revenue vs Selling General Administrative Analysis

ANSS Stock  USD 339.70  2.81  0.82%   
ANSYS financial indicator trend analysis is way more than just evaluating ANSYS Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANSYS Inc is a good investment. Please check the relationship between ANSYS Cost Of Revenue and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANSYS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Cost Of Revenue vs Selling General Administrative

Cost Of Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANSYS Inc Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ANSYS's Cost Of Revenue and Selling General Administrative is 0.94. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of ANSYS Inc, assuming nothing else is changed. The correlation between historical values of ANSYS's Cost Of Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of ANSYS Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., ANSYS's Cost Of Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on ANSYS Inc income statement and represents the costs associated with goods and services ANSYS provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Selling General Administrative

Most indicators from ANSYS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANSYS Inc 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 ANSYS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, ANSYS's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 43.60 in 2024, whereas Tax Provision is likely to drop slightly above 67.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.8B2.0B2.1B
Total Revenue1.9B2.1B2.3B2.4B

ANSYS fundamental ratios Correlations

0.230.651.00.940.60.970.920.340.990.610.340.931.00.060.890.84-0.190.180.960.910.960.490.490.9-0.51
0.230.830.27-0.03-0.020.220.35-0.020.15-0.51-0.010.490.210.26-0.15-0.010.190.080.190.490.20.120.130.34-0.17
0.650.830.690.410.110.620.690.320.57-0.120.330.790.620.430.270.450.150.310.550.860.590.520.530.61-0.58
1.00.270.690.920.550.980.920.360.980.580.360.940.990.090.860.84-0.190.20.950.930.940.510.510.9-0.53
0.94-0.030.410.920.660.90.870.320.960.760.330.80.94-0.050.970.82-0.190.150.920.770.920.390.390.8-0.39
0.6-0.020.110.550.660.540.56-0.440.660.44-0.440.620.64-0.40.750.32-0.12-0.170.750.280.74-0.24-0.240.750.27
0.970.220.620.980.90.540.90.350.960.630.350.90.97-0.080.850.81-0.390.130.930.890.880.430.430.9-0.45
0.920.350.690.920.870.560.90.280.90.470.280.920.91-0.020.80.66-0.190.020.860.90.880.370.380.8-0.39
0.34-0.020.320.360.32-0.440.350.280.280.361.00.140.30.430.20.55-0.090.470.130.50.160.850.85-0.01-0.79
0.990.150.570.980.960.660.960.90.280.670.280.91.00.010.930.83-0.210.150.980.850.970.440.440.91-0.45
0.61-0.51-0.120.580.760.440.630.470.360.670.360.320.62-0.270.830.64-0.47-0.050.60.340.560.290.290.45-0.25
0.34-0.010.330.360.33-0.440.350.281.00.280.360.140.30.430.210.55-0.090.470.130.510.170.850.850.0-0.79
0.930.490.790.940.80.620.90.920.140.90.320.140.930.050.730.69-0.10.150.920.910.910.340.350.93-0.37
1.00.210.620.990.940.640.970.910.31.00.620.30.930.040.910.83-0.190.180.970.880.970.460.460.92-0.48
0.060.260.430.09-0.05-0.4-0.08-0.020.430.01-0.270.430.050.04-0.150.220.780.46-0.080.260.110.70.7-0.12-0.76
0.89-0.150.270.860.970.750.850.80.20.930.830.210.730.91-0.150.77-0.250.050.910.650.910.30.30.79-0.29
0.84-0.010.450.840.820.320.810.660.550.830.640.550.690.830.220.77-0.120.360.770.770.770.630.630.67-0.62
-0.190.190.15-0.19-0.19-0.12-0.39-0.19-0.09-0.21-0.47-0.09-0.1-0.190.78-0.25-0.120.28-0.2-0.10.00.210.21-0.23-0.24
0.180.080.310.20.15-0.170.130.020.470.15-0.050.470.150.180.460.050.360.280.110.30.160.50.50.05-0.46
0.960.190.550.950.920.750.930.860.130.980.60.130.920.97-0.080.910.77-0.20.110.80.960.30.30.97-0.31
0.910.490.860.930.770.280.890.90.50.850.340.510.910.880.260.650.77-0.10.30.80.810.60.610.76-0.65
0.960.20.590.940.920.740.880.880.160.970.560.170.910.970.110.910.770.00.160.960.810.410.410.9-0.42
0.490.120.520.510.39-0.240.430.370.850.440.290.850.340.460.70.30.630.210.50.30.60.411.00.21-0.95
0.490.130.530.510.39-0.240.430.380.850.440.290.850.350.460.70.30.630.210.50.30.610.411.00.22-0.96
0.90.340.610.90.80.750.90.8-0.010.910.450.00.930.92-0.120.790.67-0.230.050.970.760.90.210.22-0.22
-0.51-0.17-0.58-0.53-0.390.27-0.45-0.39-0.79-0.45-0.25-0.79-0.37-0.48-0.76-0.29-0.62-0.24-0.46-0.31-0.65-0.42-0.95-0.96-0.22
Click cells to compare fundamentals

ANSYS Account Relationship Matchups

ANSYS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.9B6.3B6.7B7.3B7.7B
Other Current Liab(89.3M)(42.3M)(33.7M)(36.8M)343.5M360.6M
Total Current Liabilities351.4M372.1M391.5M414.0M889.3M933.8M
Total Stockholder Equity3.5B4.1B4.5B4.9B5.4B5.7B
Property Plant And Equipment Net189.3M234.2M208.8M210.0M194.8M204.5M
Net Debt(448.6M)(114.6M)85.9M139.2M(5.8M)(6.1M)
Retained Earnings3.4B3.8B4.3B4.8B5.3B5.5B
Accounts Payable14.3M18.7M10.9M14.0M22.8M23.9M
Cash872.1M912.7M667.7M614.4M860.2M455.4M
Non Current Assets Total3.5B4.5B5.0B5.3B5.3B5.5B
Non Currrent Assets Other643.0M756.7M838.0M550.2M272.4M168.8M
Cash And Short Term Investments872.4M913.2M668.0M614.6M860.4M462.6M
Net Receivables433.5M537.6M645.9M760.3M1.1B1.2B
Good Will2.4B3.0B3.4B3.7B3.8B4.0B
Common Stock Shares Outstanding85.9M87.3M88.1M87.5M87.4M88.7M
Liabilities And Stockholders Equity4.8B5.9B6.3B6.7B7.3B7.7B
Non Current Liabilities Total1.0B1.5B1.4B1.4B1.0B1.1B
Other Current Assets45.3M44.7M52.4M51.2M48.9M43.2M
Other Stockholder Equity147.1M310.1M280.0M204.7M196.3M328.4M
Total Liab1.4B1.8B1.8B1.8B1.9B991.7M
Property Plant And Equipment Gross189.3M234.2M364.9M368.3M370.2M388.7M
Total Current Assets1.3B1.5B1.3B1.4B2.0B2.2B
Accumulated Other Comprehensive Income(65.4M)(17.8M)(56.1M)(122.7M)(90.3M)(85.8M)
Intangible Assets476.7M694.9M763.1M809.2M835.4M877.2M
Other Assets204.1M253.9M838.0M845.6M972.5M1.0B
Short Term Investments288K479K361K183K189K179.6K
Treasury Stock(1.0B)(1.1B)(1.2B)(1.3B)(1.2B)(1.1B)
Property Plant Equipment83.6M96.5M87.9M80.8M93.0M48.8M
Current Deferred Revenue351.4M372.1M391.5M414.0M457.5M271.3M
Other Liab175.1M194.8M203.8M160.9M185.0M98.8M
Short Term Debt8.7M75M23.6M22.8M22.5M36.8M
Net Tangible Assets563.4M364.7M311.7M398.4M458.2M549.1M
Retained Earnings Total Equity3.4B3.8B4.3B4.8B5.5B5.8B
Capital Surpluse1.2B1.4B1.5B1.5B1.8B1.2B

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