Cloudflare Stock Based Compensation vs Depreciation Analysis

NET Stock  USD 111.58  1.11  0.99%   
Cloudflare financial indicator trend analysis is way more than just evaluating Cloudflare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cloudflare is a good investment. Please check the relationship between Cloudflare Stock Based Compensation and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Cloudflare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Cloudflare Stock please use our How to Invest in Cloudflare guide.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cloudflare Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have totally related.
The correlation between Cloudflare's Stock Based Compensation and Depreciation is 0.99. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of Cloudflare, assuming nothing else is changed. The correlation between historical values of Cloudflare's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Cloudflare are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Cloudflare's Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of Cloudflare value has been used up. For tax purposes Cloudflare can deduct the cost of the tangible assets it purchases as business expenses. However, Cloudflare must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Cloudflare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cloudflare 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Cloudflare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Cloudflare Stock please use our How to Invest in Cloudflare guide.At this time, Cloudflare's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.24 in 2024, whereas Selling General Administrative is likely to drop slightly above 111.4 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization94.5M145.1M197.2M207.1M
Interest Income47.3M14.9M56.3M59.1M

Cloudflare fundamental ratios Correlations

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0.930.970.940.960.870.830.740.980.820.88-0.930.860.70.890.870.420.940.940.830.810.920.960.880.920.94
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0.860.920.940.930.970.70.880.60.940.94-0.970.940.690.980.950.280.940.890.940.930.780.91.00.940.82
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0.850.850.820.860.990.690.860.590.870.990.94-0.970.560.980.990.090.820.810.990.950.770.830.970.820.78
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0.880.90.890.90.990.730.890.620.920.980.98-0.990.980.620.980.210.890.860.980.970.80.880.990.880.82
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0.480.50.470.440.130.590.420.630.40.020.28-0.280.090.660.210.180.470.560.050.040.540.530.230.420.56
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0.840.830.810.840.990.680.830.580.861.00.94-0.970.990.520.980.990.050.810.790.960.760.820.960.80.76
0.770.780.790.790.960.570.810.440.840.980.93-0.920.950.420.970.940.040.790.720.960.670.750.930.80.68
0.980.940.840.860.790.980.920.940.880.730.78-0.870.770.80.80.830.540.840.950.760.670.950.80.770.99
0.951.00.960.970.860.90.960.830.970.80.9-0.930.830.830.880.880.530.961.00.820.750.950.90.920.97
0.870.920.920.920.980.730.880.620.930.961.0-0.980.970.680.990.970.230.920.890.960.930.80.90.910.82
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0.980.960.890.90.80.970.940.920.910.740.82-0.890.780.820.820.840.560.880.970.760.680.990.970.820.82
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Cloudflare Account Relationship Matchups

Cloudflare fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding300.2M299.8M312.3M326.3M333.7M316.0M
Total Assets830.8M1.4B2.4B2.6B2.8B1.6B
Short Long Term Debt Total38.8M428.3M1.3B1.6B1.4B753.7M
Other Current Liab13.3M54.2M108.6M110.3M127.4M71.4M
Total Current Liabilities83.9M141.4M288.6M397.9M567.1M595.4M
Total Stockholder Equity725.8M816.9M815.8M624.0M763.0M561.4M
Other Liab10.6M11.8M16.2M22.3M25.6M13.4M
Net Tangible Assets721.7M797.0M786.6M443.4M509.9M470.5M
Property Plant And Equipment Net101.5M166.8M314.1M419.0M461.4M249.4M
Current Deferred Revenue30.8M54.9M116.5M218.6M347.6M365.0M
Net Debt(128.5M)319.4M979.4M1.4B1.3B1.4B
Retained Earnings(301.7M)(420.5M)(680.8M)(839.9M)(1.0B)(972.6M)
Accounts Payable11.5M14.5M26.1M35.6M53.7M56.4M
Cash139.0M108.9M313.8M204.2M86.9M141.8M
Non Current Assets Total141.0M250.7M418.7M700.0M776.7M815.5M
Non Currrent Assets Other35.4M63.9M79.8M100.2M147.7M155.1M
Other Assets35.6M107.0M79.8M100.5M1.00.95
Long Term Debt0.0383.3M1.1B1.4B1.3B668.2M
Cash And Short Term Investments636.9M1.0B1.8B1.6B1.7B1.1B
Net Receivables35.9M67.0M101.6M156.8M259.3M272.3M
Common Stock Total Equity294K304K321K328K377.2K258.7K
Short Term Investments498.0M923.2M1.5B1.4B1.6B965.9M
Long Term Debt Total10.5M383.3M1.1B1.4B1.7B1.7B
Liabilities And Stockholders Equity830.8M1.4B2.4B2.6B2.8B1.6B
Non Current Liabilities Total21.1M422.3M1.3B1.6B1.4B825.5M
Capital Surpluse1.0B1.2B1.5B1.5B1.7B983.6M
Capital Lease Obligations10.5M45.0M134.2M140.9M151.8M79.1M
Other Current Assets3.3M30.8M32.4M81.1M50.0M33.1M
Other Stockholder Equity1.0B1.2B1.5B1.5B1.8B1.1B
Total Liab105.0M563.7M1.6B2.0B2.0B1.1B
Deferred Long Term Liab25.2M44.2M70.3M93.1M107.1M112.5M
Net Invested Capital725.8M1.2B2.0B2.1B2.0B1.2B
Property Plant And Equipment Gross101.5M166.8M314.1M419.0M679.8M713.8M
Total Current Assets689.9M1.1B2.0B1.9B2.0B1.2B
Accumulated Other Comprehensive Income61K163K(2.6M)(11.9M)2.0M2.1M
Non Current Liabilities Other2.6M9.9M7.1M10.5M15.5M16.3M
Cash And Equivalents139.0M108.9M313.8M204.2M234.8M149.5M
Net Working Capital606.0M988.6M1.7B1.5B1.4B1.0B

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Additional Tools for Cloudflare Stock Analysis

When running Cloudflare's price analysis, check to measure Cloudflare'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 Cloudflare is operating at the current time. Most of Cloudflare's value examination focuses on studying past and present price action to predict the probability of Cloudflare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cloudflare's price. Additionally, you may evaluate how the addition of Cloudflare to your portfolios can decrease your overall portfolio volatility.