Appian Non Currrent Assets Other vs Cash Analysis

APPN Stock  USD 37.67  0.68  1.77%   
Appian Corp financial indicator trend analysis is way more than just evaluating Appian Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Appian Corp is a good investment. Please check the relationship between Appian Corp Non Currrent Assets Other and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Appian Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Appian Stock, please use our How to Invest in Appian Corp guide.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Appian Corp Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Appian Corp's Non Currrent Assets Other and Cash is 0.74. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of Appian Corp, assuming nothing else is changed. The correlation between historical values of Appian Corp's Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Appian Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Appian Corp's Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash

Cash refers to the most liquid asset of Appian Corp, which is listed under current asset account on Appian Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Appian Corp customers. The amounts must be unrestricted with restricted cash listed in a different Appian Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Appian Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Appian Corp 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 Appian Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Appian Stock, please use our How to Invest in Appian Corp guide.As of the 28th of November 2024, Tax Provision is likely to grow to about 3.4 M, while Selling General Administrative is likely to drop about 58.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense372K1.7M17.9M18.8M
Depreciation And Amortization5.7M7.3M9.5M9.9M

Appian Corp fundamental ratios Correlations

0.960.710.90.840.7-0.670.820.950.890.42-0.840.570.860.930.850.910.950.90.920.840.870.770.940.980.82
0.960.710.930.830.73-0.670.870.980.950.37-0.840.570.910.930.830.910.890.950.960.930.870.750.970.990.81
0.710.710.680.960.13-0.580.430.660.810.83-0.970.530.670.860.950.890.730.580.780.670.80.980.760.680.98
0.90.930.680.810.6-0.720.70.920.920.46-0.830.530.770.890.820.90.780.80.940.80.860.740.90.920.79
0.840.830.960.810.33-0.620.590.770.890.74-0.990.60.750.940.990.970.840.710.880.790.90.950.860.810.99
0.70.730.130.60.33-0.460.930.750.49-0.26-0.310.280.70.580.350.50.670.870.550.710.520.180.630.740.28
-0.67-0.67-0.58-0.72-0.62-0.46-0.53-0.78-0.57-0.540.630.06-0.54-0.78-0.7-0.73-0.5-0.6-0.58-0.45-0.74-0.65-0.59-0.65-0.64
0.820.870.430.70.590.93-0.530.860.68-0.01-0.570.440.860.770.610.710.840.950.710.890.670.440.810.860.54
0.950.980.660.920.770.75-0.780.860.890.35-0.790.460.910.910.80.880.860.940.90.860.820.730.940.970.77
0.890.950.810.920.890.49-0.570.680.890.53-0.910.660.830.890.870.910.830.810.990.890.850.830.960.930.88
0.420.370.830.460.74-0.26-0.54-0.010.350.53-0.750.130.20.610.750.650.330.170.490.220.670.840.40.340.79
-0.84-0.84-0.97-0.83-0.99-0.310.63-0.57-0.79-0.91-0.75-0.61-0.76-0.93-0.98-0.97-0.82-0.71-0.9-0.78-0.88-0.97-0.87-0.82-1.0
0.570.570.530.530.60.280.060.440.460.660.13-0.610.670.480.510.560.680.520.680.690.370.510.650.580.58
0.860.910.670.770.750.7-0.540.860.910.830.2-0.760.670.810.740.810.90.920.840.920.640.680.930.90.73
0.930.930.860.890.940.58-0.780.770.910.890.61-0.930.480.810.960.990.880.850.90.830.950.880.90.910.93
0.850.830.950.820.990.35-0.70.610.80.870.75-0.980.510.740.960.980.830.710.850.770.910.940.850.810.98
0.910.910.890.90.970.5-0.730.710.880.910.65-0.970.560.810.990.980.880.820.920.830.940.910.90.90.96
0.950.890.730.780.840.67-0.50.840.860.830.33-0.820.680.90.880.830.880.880.840.870.770.740.920.920.81
0.90.950.580.80.710.87-0.60.950.940.810.17-0.710.520.920.850.710.820.880.840.910.780.620.890.940.68
0.920.960.780.940.880.55-0.580.710.90.990.49-0.90.680.840.90.850.920.840.840.890.860.810.950.950.86
0.840.930.670.80.790.71-0.450.890.860.890.22-0.780.690.920.830.770.830.870.910.890.740.650.930.90.75
0.870.870.80.860.90.52-0.740.670.820.850.67-0.880.370.640.950.910.940.770.780.860.740.830.80.850.88
0.770.750.980.740.950.18-0.650.440.730.830.84-0.970.510.680.880.940.910.740.620.810.650.830.780.730.98
0.940.970.760.90.860.63-0.590.810.940.960.4-0.870.650.930.90.850.90.920.890.950.930.80.780.970.84
0.980.990.680.920.810.74-0.650.860.970.930.34-0.820.580.90.910.810.90.920.940.950.90.850.730.970.79
0.820.810.980.790.990.28-0.640.540.770.880.79-1.00.580.730.930.980.960.810.680.860.750.880.980.840.79
Click cells to compare fundamentals

Appian Corp Account Relationship Matchups

Appian Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding65.5M69.1M71.0M72.5M73.1M69.0M
Total Assets371.5M512.5M504.5M594.2M627.5M390.0M
Other Current Liab19.6M22.8M51.1M46.6M49.7M25.3M
Total Current Liabilities112.3M155.9M215.7M270.3M371.2M389.7M
Total Stockholder Equity205.2M296.6M233.9M145.7M52.3M49.7M
Other Liab7.2M8.8M6.1M5.7M5.1M4.8M
Net Tangible Assets205.2M296.6M206.1M119.4M137.3M114.4M
Property Plant And Equipment Net63.8M66.1M64.8M79.1M82.7M45.5M
Current Deferred Revenue82.2M116.3M150.2M194.8M236.0M126.8M
Net Debt(107.7M)(54.3M)(43.9M)35.9M128.0M134.4M
Retained Earnings(135.4M)(168.9M)(257.5M)(408.5M)(519.9M)(493.9M)
Accounts Payable5.2M3.0M5.8M8.0M6.2M6.1M
Cash159.8M112.5M100.8M148.1M149.4M110.2M
Non Current Assets Total93.8M147.1M166.3M171.7M213.1M223.8M
Non Currrent Assets Other29.6M37.8M53.4M59.1M96.0M100.8M
Other Assets30.1M38.3M54.5M61.0M70.2M73.7M
Cash And Short Term Investments159.8M222.3M156.0M196.0M159.0M137.4M
Net Receivables70.4M97.3M130.0M166.0M171.6M104.0M
Liabilities And Stockholders Equity371.5M512.5M504.5M594.2M627.5M390.0M
Non Current Liabilities Total54.0M60.0M54.9M178.3M204.0M214.2M
Other Current Assets47.5M45.9M52.2M60.5M83.8M43.9M
Other Stockholder Equity340.9M470.5M497.1M561.4M595.8M325.9M
Total Liab166.2M215.9M270.6M448.5M575.2M603.9M
Deferred Long Term Liab29.0M70K49.0M55.8M64.2M67.4M
Property Plant And Equipment Gross63.8M66.1M64.8M98.0M107.8M113.2M
Total Current Assets277.7M365.4M338.3M422.5M414.4M285.3M
Accumulated Other Comprehensive Income(285K)(5.0M)(5.7M)(7.2M)(23.6M)(22.4M)
Short Term Debt5.3M13.8M8.1M20.1M78.1M82.0M
Property Plant Equipment63.8M66.1M64.8M79.1M91.0M95.5M
Retained Earnings Total Equity(135.4M)(168.9M)(257.5M)(408.5M)(367.6M)(349.2M)
Capital Surpluse340.9M470.5M497.1M561.4M645.6M408.7M

Pair Trading with Appian Corp

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 Appian Corp 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 Appian Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Appian Stock

  0.66S SentinelOnePairCorr

Moving against Appian Stock

  0.69MQ MarqetaPairCorr
  0.58VRNS Varonis SystemsPairCorr
  0.51VRAR Glimpse GroupPairCorr
The ability to find closely correlated positions to Appian Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Appian Corp 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 Appian Corp - 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 Appian Corp to buy it.
The correlation of Appian Corp 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 Appian Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Appian Corp 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 Appian Corp 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 CorrelationCorrelation Matching
When determining whether Appian Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Appian Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Appian Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Appian Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Appian Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Appian Stock, please use our How to Invest in Appian Corp guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Systems Software space 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 Appian Corp. If investors know Appian 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 Appian Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.21)
Revenue Per Share
8.179
Quarterly Revenue Growth
0.124
Return On Assets
(0.08)
Return On Equity
(9.69)
The market value of Appian Corp is measured differently than its book value, which is the value of Appian that is recorded on the company's balance sheet. Investors also form their own opinion of Appian Corp's value that differs from its market value or its book value, called intrinsic value, which is Appian Corp'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 Appian Corp's market value can be influenced by many factors that don't directly affect Appian Corp'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 Appian Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Appian Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Appian Corp'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.