Sangoma Net Receivables vs Retained Earnings Analysis

STC Stock

8.54 0.05 0.58%

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 Net Receivables and its Retained Earnings 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.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sangoma Technologies Corp Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Sangoma Technologies' Net Receivables and Retained Earnings is -0.8. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings 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' Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Sangoma Technologies Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Sangoma Technologies' Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.8

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Receivables

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.26, though Tax Provision is likely to grow to (798 K).

	2021	2022	2023	2024 (projected)
Gross Profit	156.9M	172.8M	172.8M	181.5M
Total Revenue	224.4M	252.5M	247.3M	259.6M

Gross Profit Total Revenue

Sangoma Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Other Assets	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Non Current Liabilities Total	Property Plant And Equipment Net	Non Currrent Assets Other	Cash	Cash And Short Term Investments	Other Current Assets	Good Will
Total Assets		0.94	0.85	0.96	0.99	0.91	0.95	-0.74	0.97	1.0	0.78	0.92	0.97	0.92	0.73	0.98	0.94	0.93	1.0	0.99	0.96	0.76	0.76	0.65	0.95	0.99
Short Long Term Debt Total	0.94		0.89	0.98	0.92	0.95	0.93	-0.87	0.96	0.93	0.93	0.9	0.98	0.96	0.51	0.96	0.97	0.99	0.92	0.94	0.96	0.63	0.76	0.58	0.97	0.94
Other Current Liab	0.85	0.89		0.93	0.8	0.84	0.91	-0.81	0.91	0.84	0.76	0.89	0.86	0.9	0.62	0.91	0.86	0.87	0.86	0.88	0.89	0.32	0.56	0.44	0.89	0.81
Total Current Liabilities	0.96	0.98	0.93		0.93	0.96	0.96	-0.8	0.99	0.95	0.85	0.94	0.96	0.98	0.63	0.99	0.98	0.97	0.95	0.97	0.98	0.59	0.78	0.66	0.98	0.93
Total Stockholder Equity	0.99	0.92	0.8	0.93		0.89	0.92	-0.71	0.94	1.0	0.76	0.88	0.96	0.89	0.74	0.96	0.91	0.9	0.99	0.97	0.94	0.81	0.75	0.63	0.93	0.99
Current Deferred Revenue	0.91	0.95	0.84	0.96	0.89		0.88	-0.74	0.96	0.9	0.84	0.87	0.93	0.95	0.53	0.94	0.97	0.94	0.89	0.91	0.91	0.65	0.84	0.7	0.95	0.9
Net Debt	0.95	0.93	0.91	0.96	0.92	0.88		-0.8	0.96	0.95	0.8	0.97	0.94	0.95	0.65	0.98	0.93	0.92	0.96	0.99	0.97	0.58	0.64	0.56	0.95	0.91
Retained Earnings	-0.74	-0.87	-0.81	-0.8	-0.71	-0.74	-0.8		-0.78	-0.73	-0.91	-0.8	-0.86	-0.83	-0.2	-0.77	-0.78	-0.83	-0.72	-0.75	-0.75	-0.4	-0.4	-0.17	-0.83	-0.75
Accounts Payable	0.97	0.96	0.91	0.99	0.94	0.96	0.96	-0.78		0.96	0.82	0.95	0.97	0.98	0.66	0.99	0.98	0.94	0.97	0.98	0.96	0.63	0.77	0.66	0.99	0.94
Non Current Assets Total	1.0	0.93	0.84	0.95	1.0	0.9	0.95	-0.73	0.96		0.77	0.91	0.97	0.91	0.74	0.98	0.93	0.92	1.0	0.98	0.96	0.77	0.74	0.64	0.94	0.99
Other Assets	0.78	0.93	0.76	0.85	0.76	0.84	0.8	-0.91	0.82	0.77		0.78	0.89	0.87	0.2	0.81	0.88	0.93	0.75	0.78	0.83	0.52	0.68	0.45	0.88	0.79
Net Receivables	0.92	0.9	0.89	0.94	0.88	0.87	0.97	-0.8	0.95	0.91	0.78		0.92	0.96	0.59	0.96	0.94	0.88	0.93	0.96	0.93	0.54	0.63	0.57	0.95	0.86
Common Stock Shares Outstanding	0.97	0.98	0.86	0.96	0.96	0.93	0.94	-0.86	0.97	0.97	0.89	0.92		0.96	0.57	0.97	0.96	0.96	0.96	0.96	0.95	0.71	0.73	0.56	0.97	0.97
Inventory	0.92	0.96	0.9	0.98	0.89	0.95	0.95	-0.83	0.98	0.91	0.87	0.96	0.96		0.52	0.97	0.98	0.95	0.92	0.94	0.94	0.56	0.75	0.62	0.99	0.89
Other Stockholder Equity	0.73	0.51	0.62	0.63	0.74	0.53	0.65	-0.2	0.66	0.74	0.2	0.59	0.57	0.52		0.69	0.56	0.5	0.76	0.72	0.68	0.49	0.51	0.57	0.56	0.69
Total Liab	0.98	0.96	0.91	0.99	0.96	0.94	0.98	-0.77	0.99	0.98	0.81	0.96	0.97	0.97	0.69		0.97	0.95	0.98	1.0	0.99	0.65	0.75	0.65	0.97	0.95
Total Current Assets	0.94	0.97	0.86	0.98	0.91	0.97	0.93	-0.78	0.98	0.93	0.88	0.94	0.96	0.98	0.56	0.97		0.96	0.93	0.95	0.96	0.63	0.84	0.72	0.98	0.91
Short Term Debt	0.93	0.99	0.87	0.97	0.9	0.94	0.92	-0.83	0.94	0.92	0.93	0.88	0.96	0.95	0.5	0.95	0.96		0.91	0.93	0.96	0.63	0.79	0.62	0.95	0.92
Intangible Assets	1.0	0.92	0.86	0.95	0.99	0.89	0.96	-0.72	0.97	1.0	0.75	0.93	0.96	0.92	0.76	0.98	0.93	0.91		0.99	0.96	0.73	0.72	0.64	0.94	0.98
Non Current Liabilities Total	0.99	0.94	0.88	0.97	0.97	0.91	0.99	-0.75	0.98	0.98	0.78	0.96	0.96	0.94	0.72	1.0	0.95	0.93	0.99		0.98	0.68	0.72	0.64	0.96	0.95
Property Plant And Equipment Net	0.96	0.96	0.89	0.98	0.94	0.91	0.97	-0.75	0.96	0.96	0.83	0.93	0.95	0.94	0.68	0.99	0.96	0.96	0.96	0.98		0.62	0.77	0.68	0.95	0.93
Non Currrent Assets Other	0.76	0.63	0.32	0.59	0.81	0.65	0.58	-0.4	0.63	0.77	0.52	0.54	0.71	0.56	0.49	0.65	0.63	0.63	0.73	0.68	0.62		0.64	0.56	0.63	0.8
Cash	0.76	0.76	0.56	0.78	0.75	0.84	0.64	-0.4	0.77	0.74	0.68	0.63	0.73	0.75	0.51	0.75	0.84	0.79	0.72	0.72	0.77	0.64		0.92	0.76	0.74
Cash And Short Term Investments	0.65	0.58	0.44	0.66	0.63	0.7	0.56	-0.17	0.66	0.64	0.45	0.57	0.56	0.62	0.57	0.65	0.72	0.62	0.64	0.64	0.68	0.56	0.92		0.63	0.6
Other Current Assets	0.95	0.97	0.89	0.98	0.93	0.95	0.95	-0.83	0.99	0.94	0.88	0.95	0.97	0.99	0.56	0.97	0.98	0.95	0.94	0.96	0.95	0.63	0.76	0.63		0.93
Good Will	0.99	0.94	0.81	0.93	0.99	0.9	0.91	-0.75	0.94	0.99	0.79	0.86	0.97	0.89	0.69	0.95	0.91	0.92	0.98	0.95	0.93	0.8	0.74	0.6	0.93

Click cells to compare fundamentals

Sangoma Technologies Account Relationship Matchups

Sangoma Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	128.7M	540.1M	498.5M	442.7M	400.6M	420.7M
Short Long Term Debt Total	61.8M	89.2M	122.6M	115.2M	132.4M	139.1M
Other Current Liab	3.6M	4.4M	17.0M	7.8M	9.0M	9.4M
Total Current Liabilities	36.4M	55.1M	78.4M	63.2M	60.1M	63.1M
Total Stockholder Equity	54.8M	376.0M	293.8M	266.1M	259.7M	272.7M
Current Deferred Revenue	7.9M	11.4M	11.6M	10.9M	12.5M	13.2M
Net Debt	29.2M	67.1M	109.9M	104M	61.6M	64.7M
Retained Earnings	6.2M	7.4M	(104.3M)	(133.3M)	(141.9M)	(134.8M)
Accounts Payable	10.4M	22.4M	28.6M	24.1M	21.5M	22.5M
Non Current Assets Total	88.7M	486.8M	437.5M	381.1M	343.5M	360.7M
Other Assets	8.2M	4.4M	8.9M	13.9M	16.0M	16.8M
Net Receivables	9.0M	16.1M	25.2M	26.9M	16.0M	16.8M
Common Stock Shares Outstanding	10.4M	29.2M	31.5M	33.1M	33.3M	35.0M
Liabilities And Stockholders Equity	128.7M	540.1M	498.5M	442.7M	509.2M	534.6M
Inventory	9.3M	11.8M	17.4M	18.0M	14.8M	15.5M
Other Stockholder Equity	1.8M	200.4M	194.2M	18.1M	20.9M	23.7M
Total Liab	73.9M	164.1M	204.7M	176.6M	140.9M	148.0M
Total Current Assets	40.0M	53.3M	61.0M	61.6M	57.1M	60.0M
Short Term Debt	14.5M	17.0M	21.3M	20.4M	23.5M	24.7M
Intangible Assets	38.6M	195.4M	194.2M	164.0M	131.9M	138.5M
Non Current Liabilities Total	37.5M	109.0M	126.3M	113.4M	80.8M	84.9M
Property Plant And Equipment Net	14.0M	21.2M	27.2M	22.3M	18.6M	19.5M
Cash	20.0M	22.1M	12.7M	11.2M	16.2M	17.0M
Cash And Short Term Investments	20.0M	22.1M	12.7M	11.2M	12.8M	6.9M
Other Current Assets	1.7M	3.3M	4.4M	4.4M	3.9M	4.1M
Accumulated Other Comprehensive Income	(506.6K)	(14.4M)	839K	1.3M	1.2M	1.3M
Good Will	32.2M	267.3M	210.0M	187.5M	215.6M	226.4M
Common Stock	47.3M	182.5M	203.0M	379.9M	436.9M	458.8M
Long Term Debt Total	47.3M	72.2M	101.3M	94.7M	108.9M	114.4M
Capital Surpluse	2.4M	5.4M	15.1M	18.1M	20.9M	21.9M
Property Plant Equipment	18.9M	21.1M	27.2M	22.3M	25.6M	12.9M
Other Liab	4.0M	36.8M	25.0M	18.7M	21.5M	16.3M
Net Tangible Assets	(19.7M)	(85.3M)	(107.6M)	(78.8M)	(71.0M)	(74.5M)
Long Term Debt	33.6M	60.4M	86.9M	83.1M	58.0M	54.1M
Deferred Long Term Liab	2.5M	1.5M	2.9M	6.6M	7.6M	7.9M
Net Invested Capital	91.7M	450.9M	398.4M	366.9M	337.6M	271.1M
Short Long Term Debt	3.0M	12.4M	14.5M	17.7M	19.9M	13.5M
Net Working Capital	3.6M	(1.8M)	(17.4M)	(1.6M)	(3.0M)	(2.8M)

Pair Trading with Sangoma Technologies

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 Sangoma Technologies 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 Sangoma Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Sangoma Stock

0.76	AEMC	Alaska Energy Metals	Pair Corr
0.71	EOG	Eco Atlantic Oil	Pair Corr
0.59	CMC	Cielo Waste Solutions	Pair Corr

The ability to find closely correlated positions to Sangoma Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sangoma Technologies 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 Sangoma Technologies - 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 Sangoma Technologies Corp to buy it.

The correlation of Sangoma Technologies 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 Sangoma Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sangoma Technologies 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 Sangoma Technologies 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 Correlation Correlation Matching

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:

How To Invest In Sangoma

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Is Sangoma Stock a good investment?

Details

What is Sangoma Technologies' Net Worth?

Details

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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.

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Sangoma Net Receivables vs Retained Earnings Analysis

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Receivables

Retained Earnings

Sangoma Technologies fundamental ratios Correlations

Sangoma Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sangoma Technologies fundamental ratios Accounts

Pair Trading with Sangoma Technologies

Moving against Sangoma Stock

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Non Current Assets Total	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Intangible Assets	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 1.0	Total Liab
Total Stockholder Equity	+ 0.99	Total Assets

Other Assets	- 0.91	Retained Earnings
Retained Earnings	- 0.87	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.86	Retained Earnings
Other Current Assets	- 0.83	Retained Earnings
Short Term Debt	- 0.83	Retained Earnings
Inventory	- 0.83	Retained Earnings