Sangoma Other Non Cash Items vs Depreciation Analysis

SANG Stock  USD 6.70  0.18  2.62%   
Sangoma Technologies financial indicator trend analysis is much more than just breaking down Sangoma Technologies Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sangoma Technologies Corp is a good investment. Please check the relationship between Sangoma Technologies Other Non Cash Items and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies 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 board of governors.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sangoma Technologies Corp Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sangoma Technologies' Other Non Cash Items and Depreciation is 0.44. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of Sangoma Technologies Corp, assuming nothing else is changed. The correlation between historical values of Sangoma Technologies' Other Non Cash Items 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 Other Non Cash Items of Sangoma Technologies Corp 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 Other Non Cash Items i.e., Sangoma Technologies' Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Other Non Cash Items

Depreciation

Depreciation indicates how much of Sangoma Technologies Corp value has been used up. For tax purposes Sangoma Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, Sangoma Technologies Corp 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 Sangoma Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sangoma Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies 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 board of governors.
At this time, Sangoma Technologies' Selling General Administrative is most likely to increase significantly in the upcoming years. The Sangoma Technologies' current Sales General And Administrative To Revenue is estimated to increase to 0.26, while Tax Provision is forecasted to increase to (798 K).
 2021 2022 2023 2024 (projected)
Gross Profit156.9M172.8M172.8M181.5M
Total Revenue224.4M252.5M247.3M259.6M

Sangoma Technologies fundamental ratios Correlations

0.970.560.960.990.96-0.740.971.00.960.970.920.730.980.940.931.00.990.960.360.760.760.760.990.91-0.48
0.970.610.990.940.99-0.810.980.960.980.970.970.631.00.970.970.970.990.990.460.730.730.870.940.93-0.5
0.560.610.630.50.62-0.250.620.550.530.450.570.760.640.540.50.60.640.66-0.240.420.420.490.460.6-0.38
0.960.990.630.930.97-0.80.990.950.970.960.980.630.990.980.970.950.970.980.440.780.780.870.930.96-0.56
0.990.940.50.930.93-0.710.941.00.930.960.890.740.960.910.910.990.970.940.340.750.750.70.990.88-0.46
0.960.990.620.970.93-0.840.970.950.970.960.960.620.990.940.950.960.980.980.490.650.650.880.930.9-0.47
-0.74-0.81-0.25-0.8-0.71-0.84-0.78-0.73-0.85-0.86-0.83-0.2-0.77-0.78-0.83-0.72-0.75-0.75-0.84-0.4-0.4-0.94-0.75-0.660.35
0.970.980.620.990.940.97-0.780.960.980.970.980.660.990.980.940.970.980.960.410.770.770.860.940.96-0.56
1.00.960.550.951.00.95-0.730.960.950.970.910.740.980.930.921.00.980.960.350.740.740.740.990.9-0.47
0.960.980.530.970.930.97-0.850.980.950.980.980.570.970.970.940.950.970.950.530.70.70.880.930.91-0.48
0.970.970.450.960.960.96-0.860.970.970.980.960.570.970.960.960.960.960.950.550.730.730.850.970.9-0.51
0.920.970.570.980.890.96-0.830.980.910.980.960.520.970.980.950.920.940.940.520.750.750.910.890.95-0.59
0.730.630.760.630.740.62-0.20.660.740.570.570.520.690.560.520.760.720.68-0.320.510.510.30.690.6-0.25
0.981.00.640.990.960.99-0.770.990.980.970.970.970.690.970.950.981.00.990.40.750.750.840.950.94-0.51
0.940.970.540.980.910.94-0.780.980.930.970.960.980.560.970.960.930.950.960.470.840.840.860.910.96-0.57
0.930.970.50.970.910.95-0.830.940.920.940.960.950.520.950.960.910.930.960.540.790.790.860.920.91-0.54
1.00.970.60.950.990.96-0.720.971.00.950.960.920.760.980.930.910.990.960.320.720.720.750.980.9-0.48
0.990.990.640.970.970.98-0.750.980.980.970.960.940.721.00.950.930.990.980.360.720.720.80.950.92-0.48
0.960.990.660.980.940.98-0.750.960.960.950.950.940.680.990.960.960.960.980.380.770.770.820.930.92-0.47
0.360.46-0.240.440.340.49-0.840.410.350.530.550.52-0.320.40.470.540.320.360.380.170.170.690.40.35-0.18
0.760.730.420.780.750.65-0.40.770.740.70.730.750.510.750.840.790.720.720.770.171.00.520.740.84-0.54
0.760.730.420.780.750.65-0.40.770.740.70.730.750.510.750.840.790.720.720.770.171.00.520.740.84-0.54
0.760.870.490.870.70.88-0.940.860.740.880.850.910.30.840.860.860.750.80.820.690.520.520.730.78-0.48
0.990.940.460.930.990.93-0.750.940.990.930.970.890.690.950.910.920.980.950.930.40.740.740.730.88-0.45
0.910.930.60.960.880.9-0.660.960.90.910.90.950.60.940.960.910.90.920.920.350.840.840.780.88-0.6
-0.48-0.5-0.38-0.56-0.46-0.470.35-0.56-0.47-0.48-0.51-0.59-0.25-0.51-0.57-0.54-0.48-0.48-0.47-0.18-0.54-0.54-0.48-0.45-0.6
Click cells to compare fundamentals

Sangoma Technologies Account Relationship Matchups

Sangoma Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets128.7M540.1M498.5M442.7M400.6M420.7M
Short Long Term Debt Total49.1M89.2M122.6M115.2M89.1M93.6M
Other Current Liab3.6M3.1M9.2M1.9M405K384.8K
Total Current Liabilities36.4M55.1M78.4M63.2M60.1M63.1M
Total Stockholder Equity54.8M376.0M293.8M266.1M259.7M272.7M
Net Debt29.2M67.1M109.9M104M72.9M76.5M
Retained Earnings6.2M7.4M(104.3M)(133.3M)(141.9M)(134.8M)
Accounts Payable10.4M22.4M28.6M24.1M21.5M22.5M
Non Current Assets Total88.7M486.8M437.5M381.1M343.5M360.7M
Net Receivables9.0M19.2M25.2M27.1M21.5M22.6M
Common Stock Shares Outstanding10.4M29.2M31.5M33.1M33.2M34.8M
Liabilities And Stockholders Equity128.7M540.1M498.5M442.7M400.6M420.7M
Inventory9.3M11.8M17.4M18.0M14.8M15.5M
Other Stockholder Equity1.8M197.3M194.2M18.1M20.1M23.6M
Total Liab73.9M164.1M204.7M176.6M140.9M148.0M
Total Current Assets40.0M53.3M61.0M61.6M57.1M60.0M
Short Term Debt14.5M17.0M21.3M20.4M22.6M23.7M
Intangible Assets38.6M195.4M194.2M164.0M131.9M138.5M
Other Assets8.2M5.5M8.9M13.9M16.0M16.8M
Non Current Liabilities Total37.5M109.0M126.3M113.4M80.8M84.9M
Property Plant And Equipment Net14.0M21.2M27.2M22.3M18.6M19.5M
Cash20.0M22.1M12.7M11.2M16.2M17.0M
Cash And Short Term Investments20.0M22.1M12.7M11.2M16.2M17.0M
Other Current Assets1.7M236.2K5.7M5.4M4.6M4.8M
Accumulated Other Comprehensive Income(506.6K)(14.4M)839K1.3M626K657.3K
Good Will32.2M267.3M210.0M187.5M215.6M226.4M
Current Deferred Revenue7.9M11.4M11.6M10.9M9.6M10.1M
Common Stock47.3M182.5M203.0M379.9M381.0M400.0M
Other Liab4.0M45.6M25.0M18.7M21.5M17.9M
Net Tangible Assets(19.7M)(105.8M)(107.6M)(78.8M)(71.0M)(74.5M)
Long Term Debt24.6M60.4M86.9M83.1M58.0M51.8M
Deferred Long Term Liab2.5M1.9M2.9M6.6M7.6M7.9M
Net Invested Capital91.7M450.9M398.4M366.9M337.6M271.1M
Short Long Term Debt3.0M12.4M14.5M17.7M19.9M13.5M
Net Working Capital3.6M(1.8M)(17.4M)(1.6M)(3.0M)(2.8M)
Property Plant Equipment18.9M26.1M27.2M22.3M25.6M17.9M
Capital Stock47.3M182.5M203.0M379.9M381.0M223.7M

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When determining whether Sangoma Technologies Corp is a strong investment it is important to analyze Sangoma Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sangoma Technologies' future performance. For an informed investment choice regarding Sangoma Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies 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 board of governors.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Application 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 Sangoma Technologies. If investors know Sangoma 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 Sangoma Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.25)
Revenue Per Share
7.335
Quarterly Revenue Growth
(0.05)
Return On Assets
(0)
Return On Equity
(0.03)
The market value of Sangoma Technologies Corp is measured differently than its book value, which is the value of Sangoma that is recorded on the company's balance sheet. Investors also form their own opinion of Sangoma Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sangoma Technologies' 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 Sangoma Technologies' market value can be influenced by many factors that don't directly affect Sangoma Technologies' 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 Sangoma Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sangoma Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sangoma Technologies' 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.