Sonata Accounts Payable vs Cash And Short Term Investments Analysis

SONATSOFTW

635.25 8.95 1.43%

Sonata Software financial indicator trend analysis is much more than just breaking down Sonata Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonata Software is a good investment. Please check the relationship between Sonata Software Accounts Payable and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonata Software Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonata Software Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sonata Software's Accounts Payable and Cash And Short Term Investments is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Sonata Software Limited, assuming nothing else is changed. The correlation between historical values of Sonata Software's Accounts Payable and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Sonata Software Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Sonata Software's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Sonata Software obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sonata Software are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Sonata Software balance sheet. This account contains Sonata Software investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sonata Software Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Sonata Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonata Software 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 Sonata Software Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Sonata Software's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 38 M, while Tax Provision is likely to drop about 1.1 B.

	2021	2022	2023	2024 (projected)
Interest Expense	162M	185.4M	850.1M	892.6M
Depreciation And Amortization	473.2M	591.3M	1.3B	1.4B

Interest Expense Depreciation And Amortization

Sonata Software fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt
Total Assets		0.92	0.99	0.96	0.68	0.54	0.97	0.98	0.53	0.98	0.43	0.95	0.98	0.97	0.3	0.96	0.93	0.69	-0.08	-0.3	1.0	0.99	0.86	0.96	0.65	0.93
Other Current Liab	0.92		0.95	0.8	0.48	0.74	0.81	0.82	0.24	0.94	0.52	0.8	0.87	0.93	0.13	0.93	0.85	0.86	-0.27	-0.32	0.94	0.88	0.98	0.95	0.4	0.9
Total Current Liabilities	0.99	0.95		0.94	0.64	0.57	0.95	0.96	0.49	0.98	0.48	0.94	0.97	0.97	0.29	0.96	0.9	0.73	-0.1	-0.3	1.0	0.98	0.91	0.97	0.58	0.93
Total Stockholder Equity	0.96	0.8	0.94		0.72	0.32	1.0	0.99	0.68	0.91	0.42	0.98	0.97	0.89	0.39	0.89	0.85	0.52	0.12	-0.3	0.94	0.99	0.74	0.87	0.68	0.84
Property Plant And Equipment Net	0.68	0.48	0.64	0.72		0.07	0.74	0.72	0.77	0.64	0.04	0.72	0.67	0.61	0.32	0.51	0.66	0.26	0.29	-0.31	0.66	0.69	0.38	0.63	0.65	0.66
Net Debt	0.54	0.74	0.57	0.32	0.07		0.35	0.38	-0.37	0.66	0.18	0.27	0.48	0.69	-0.35	0.67	0.67	0.79	-0.59	-0.1	0.6	0.43	0.7	0.67	0.29	0.62
Retained Earnings	0.97	0.81	0.95	1.0	0.74	0.35		0.99	0.66	0.92	0.39	0.98	0.97	0.91	0.39	0.91	0.87	0.54	0.09	-0.33	0.95	0.99	0.76	0.89	0.69	0.86
Accounts Payable	0.98	0.82	0.96	0.99	0.72	0.38	0.99		0.64	0.93	0.4	0.97	0.98	0.92	0.42	0.92	0.88	0.57	0.08	-0.31	0.96	0.99	0.77	0.9	0.69	0.86
Cash	0.53	0.24	0.49	0.68	0.77	-0.37	0.66	0.64		0.41	0.22	0.73	0.54	0.38	0.51	0.35	0.37	-0.07	0.41	-0.14	0.47	0.6	0.21	0.41	0.47	0.45
Non Current Assets Total	0.98	0.94	0.98	0.91	0.64	0.66	0.92	0.93	0.41		0.38	0.9	0.93	1.0	0.2	0.98	0.97	0.74	-0.21	-0.32	0.99	0.94	0.87	0.98	0.67	0.94
Non Currrent Assets Other	0.43	0.52	0.48	0.42	0.04	0.18	0.39	0.4	0.22	0.38		0.45	0.42	0.35	0.21	0.42	0.2	0.41	-0.18	0.01	0.43	0.46	0.62	0.42	-0.15	0.36
Cash And Short Term Investments	0.95	0.8	0.94	0.98	0.72	0.27	0.98	0.97	0.73	0.9	0.45		0.93	0.88	0.45	0.88	0.83	0.51	0.03	-0.27	0.93	0.97	0.76	0.88	0.63	0.86
Net Receivables	0.98	0.87	0.97	0.97	0.67	0.48	0.97	0.98	0.54	0.93	0.42	0.93		0.93	0.31	0.93	0.87	0.62	0.06	-0.28	0.96	0.99	0.82	0.91	0.64	0.88
Good Will	0.97	0.93	0.97	0.89	0.61	0.69	0.91	0.92	0.38	1.0	0.35	0.88	0.93		0.16	0.98	0.97	0.73	-0.24	-0.28	0.99	0.93	0.86	0.98	0.69	0.94
Common Stock Shares Outstanding	0.3	0.13	0.29	0.39	0.32	-0.35	0.39	0.42	0.51	0.2	0.21	0.45	0.31	0.16		0.19	0.13	0.16	0.43	-0.17	0.26	0.37	0.15	0.17	0.07	0.14
Short Term Investments	0.96	0.93	0.96	0.89	0.51	0.67	0.91	0.92	0.35	0.98	0.42	0.88	0.93	0.98	0.19		0.94	0.75	-0.26	-0.27	0.97	0.93	0.88	0.94	0.63	0.88
Non Current Liabilities Total	0.93	0.85	0.9	0.85	0.66	0.67	0.87	0.88	0.37	0.97	0.2	0.83	0.87	0.97	0.13	0.94		0.68	-0.26	-0.25	0.94	0.87	0.75	0.93	0.78	0.9
Inventory	0.69	0.86	0.73	0.52	0.26	0.79	0.54	0.57	-0.07	0.74	0.41	0.51	0.62	0.73	0.16	0.75	0.68		-0.39	-0.23	0.73	0.63	0.85	0.75	0.15	0.68
Other Current Assets	-0.08	-0.27	-0.1	0.12	0.29	-0.59	0.09	0.08	0.41	-0.21	-0.18	0.03	0.06	-0.24	0.43	-0.26	-0.26	-0.39		-0.32	-0.14	0.03	-0.29	-0.24	0.03	-0.2
Other Stockholder Equity	-0.3	-0.32	-0.3	-0.3	-0.31	-0.1	-0.33	-0.31	-0.14	-0.32	0.01	-0.27	-0.28	-0.28	-0.17	-0.27	-0.25	-0.23	-0.32		-0.3	-0.28	-0.25	-0.24	-0.29	-0.18
Total Liab	1.0	0.94	1.0	0.94	0.66	0.6	0.95	0.96	0.47	0.99	0.43	0.93	0.96	0.99	0.26	0.97	0.94	0.73	-0.14	-0.3		0.97	0.89	0.98	0.63	0.94
Total Current Assets	0.99	0.88	0.98	0.99	0.69	0.43	0.99	0.99	0.6	0.94	0.46	0.97	0.99	0.93	0.37	0.93	0.87	0.63	0.03	-0.28	0.97		0.83	0.93	0.62	0.89
Common Stock	0.86	0.98	0.91	0.74	0.38	0.7	0.76	0.77	0.21	0.87	0.62	0.76	0.82	0.86	0.15	0.88	0.75	0.85	-0.29	-0.25	0.89	0.83		0.91	0.24	0.85
Short Long Term Debt Total	0.96	0.95	0.97	0.87	0.63	0.67	0.89	0.9	0.41	0.98	0.42	0.88	0.91	0.98	0.17	0.94	0.93	0.75	-0.24	-0.24	0.98	0.93	0.91		0.58	0.98
Current Deferred Revenue	0.65	0.4	0.58	0.68	0.65	0.29	0.69	0.69	0.47	0.67	-0.15	0.63	0.64	0.69	0.07	0.63	0.78	0.15	0.03	-0.29	0.63	0.62	0.24	0.58		0.56
Short Term Debt	0.93	0.9	0.93	0.84	0.66	0.62	0.86	0.86	0.45	0.94	0.36	0.86	0.88	0.94	0.14	0.88	0.9	0.68	-0.2	-0.18	0.94	0.89	0.85	0.98	0.56

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Sonata Software Account Relationship Matchups

Sonata Software fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.2B	19.5B	25.6B	43.6B	51.5B	54.1B
Other Current Liab	1.4B	919.9M	804.6M	5.1B	10.9B	11.5B
Total Current Liabilities	8.4B	9.4B	12.9B	21.6B	30.9B	32.5B
Total Stockholder Equity	6.7B	9.1B	11.0B	13.0B	14.1B	14.8B
Property Plant And Equipment Net	1.2B	1.0B	1.2B	1.3B	1.3B	680.5M
Net Debt	(1.9B)	(4.6B)	(5.7B)	1.7B	2.3B	2.4B
Retained Earnings	5.2B	7.2B	9.1B	11.3B	12.2B	12.8B
Accounts Payable	5.6B	6.5B	10.5B	12.9B	14.2B	14.9B
Cash	3.7B	6.4B	7.3B	4.2B	5.4B	2.8B
Non Current Assets Total	4.3B	4.8B	6.1B	19.4B	20.7B	21.8B
Non Currrent Assets Other	956.1M	1.2B	1.5B	34.8M	2.8B	3.0B
Cash And Short Term Investments	3.9B	7.2B	9.0B	9.5B	11.4B	11.9B
Net Receivables	7.8B	6.9B	9.8B	14.0B	17.1B	18.0B
Good Will	1.6B	1.8B	2.2B	11.0B	11.1B	11.7B
Common Stock Shares Outstanding	277.0M	277.2M	369.7M	277.4M	277.9M	315.4M
Short Term Investments	189.8M	805.6M	1.6B	5.3B	6.0B	6.3B
Liabilities And Stockholders Equity	16.2B	19.5B	25.6B	43.6B	51.5B	54.1B
Non Current Liabilities Total	1.1B	1.0B	1.7B	8.9B	6.5B	6.8B
Inventory	(48.0M)	(654.2M)	29.3M	288.2M	980M	1.0B
Other Current Assets	8.0B	7.5B	10.5B	494.1M	1.1B	1.1B
Total Liab	9.5B	10.4B	14.6B	30.6B	37.4B	39.3B
Total Current Assets	11.9B	14.7B	19.4B	24.2B	30.8B	32.3B
Accumulated Other Comprehensive Income	(326.2M)	1.3B	1.3B	1.1B	1.3B	1.3B
Short Long Term Debt Total	1.9B	1.9B	1.6B	5.9B	7.7B	8.0B
Current Deferred Revenue	1.6B	1.6B	1.6B	5.5B	1.8B	1.5B
Short Term Debt	1.1B	1.1B	676.8M	2.2B	2.7B	2.8B
Intangible Assets	237.7M	476.9M	829M	5.0B	4.2B	4.5B
Other Liab	435M	356.5M	301.8M	742.7M	854.1M	896.8M
Net Tangible Assets	5.9B	4.9B	6.8B	8.0B	9.1B	5.8B
Other Assets	1.2B	1.4B	1.7B	34.8M	1.0	0.95
Short Long Term Debt	860M	897.3M	380M	1.9B	2.4B	2.6B
Property Plant Equipment	1.2B	1.0B	1.2B	1.3B	1.5B	1.6B
Long Term Debt	186.8M	0.0	1.0B	3.1B	4.3B	4.5B
Long Term Debt Total	800.9M	718.9M	917.3M	3.7B	4.3B	4.5B
Capital Lease Obligations	1.0B	952.8M	1.2B	969.2M	911.6M	697.9M

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Other Information on Investing in Sonata Stock

Balance Sheet is a snapshot of the financial position of Sonata Software at a specified time, usually calculated after every quarter, six months, or one year. Sonata Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sonata Software and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sonata currently owns. An asset can also be divided into two categories, current and non-current.

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Sonata Accounts Payable vs Cash And Short Term Investments Analysis

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Accounts Payable

Cash And Short Term Investments

Sonata Software fundamental ratios Correlations

Sonata Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sonata Software fundamental ratios Accounts

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Other Information on Investing in Sonata Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Good Will	+ 1.0	Non Current Assets Total
Total Current Liabilities	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Other Current Assets	- 0.59	Net Debt
Other Current Assets	- 0.39	Inventory
Cash	- 0.37	Net Debt
Common Stock Shares Outstanding	- 0.35	Net Debt
Other Stockholder Equity	- 0.33	Retained Earnings
Other Stockholder Equity	- 0.32	Other Current Assets