Sangoma Total Liab vs Current Deferred Revenue 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 Total Liab and its Current Deferred Revenue 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.

Total Liab vs Current Deferred Revenue

Total Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sangoma Technologies Corp Total Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sangoma Technologies' Total Liab and Current Deferred Revenue is 0.94. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Current Deferred Revenue 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' Total Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Sangoma Technologies Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Liab i.e., Sangoma Technologies' Total Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Profit156.9M172.8M172.8M181.5M
Total Revenue224.4M252.5M247.3M259.6M

Sangoma Technologies fundamental ratios Correlations

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0.730.510.620.630.740.530.65-0.20.660.740.20.590.570.520.690.560.50.760.720.680.490.510.570.560.69
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0.650.580.440.660.630.70.56-0.170.660.640.450.570.560.620.570.650.720.620.640.640.680.560.920.630.6
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0.990.940.810.930.990.90.91-0.750.940.990.790.860.970.890.690.950.910.920.980.950.930.80.740.60.93
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 Total61.8M89.2M122.6M115.2M132.4M139.1M
Other Current Liab3.6M4.4M17.0M7.8M9.0M9.4M
Total Current Liabilities36.4M55.1M78.4M63.2M60.1M63.1M
Total Stockholder Equity54.8M376.0M293.8M266.1M259.7M272.7M
Current Deferred Revenue7.9M11.4M11.6M10.9M12.5M13.2M
Net Debt29.2M67.1M109.9M104M61.6M64.7M
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
Other Assets8.2M4.4M8.9M13.9M16.0M16.8M
Net Receivables9.0M16.1M25.2M26.9M16.0M16.8M
Common Stock Shares Outstanding10.4M29.2M31.5M33.1M33.3M35.0M
Liabilities And Stockholders Equity128.7M540.1M498.5M442.7M509.2M534.6M
Inventory9.3M11.8M17.4M18.0M14.8M15.5M
Other Stockholder Equity1.8M200.4M194.2M18.1M20.9M23.7M
Total Liab73.9M164.1M204.7M176.6M140.9M148.0M
Total Current Assets40.0M53.3M61.0M61.6M57.1M60.0M
Short Term Debt14.5M17.0M21.3M20.4M23.5M24.7M
Intangible Assets38.6M195.4M194.2M164.0M131.9M138.5M
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 Investments20.0M22.1M12.7M11.2M12.8M6.9M
Other Current Assets1.7M3.3M4.4M4.4M3.9M4.1M
Accumulated Other Comprehensive Income(506.6K)(14.4M)839K1.3M1.2M1.3M
Good Will32.2M267.3M210.0M187.5M215.6M226.4M
Common Stock47.3M182.5M203.0M379.9M436.9M458.8M
Long Term Debt Total47.3M72.2M101.3M94.7M108.9M114.4M
Capital Surpluse2.4M5.4M15.1M18.1M20.9M21.9M
Property Plant Equipment18.9M21.1M27.2M22.3M25.6M12.9M
Other Liab4.0M36.8M25.0M18.7M21.5M16.3M
Net Tangible Assets(19.7M)(85.3M)(107.6M)(78.8M)(71.0M)(74.5M)
Long Term Debt33.6M60.4M86.9M83.1M58.0M54.1M
Deferred Long Term Liab2.5M1.5M2.9M6.6M7.6M7.9M
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)

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

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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 CorrelationCorrelation 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:
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.