SWK Accounts Payable vs Non Current Assets Total Analysis

SWKH Stock  USD 16.74  0.04  0.24%   
SWK Holdings financial indicator trend analysis is much more than just breaking down SWK Holdings Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SWK Holdings Corp is a good investment. Please check the relationship between SWK Holdings Accounts Payable and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SWK Holdings 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 industry.
For more detail on how to invest in SWK Stock please use our How to Invest in SWK Holdings guide.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SWK Holdings Corp Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SWK Holdings' Accounts Payable and Non Current Assets Total is -0.57. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of SWK Holdings Corp, assuming nothing else is changed. The correlation between historical values of SWK Holdings' Accounts Payable and Non Current Assets Total 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 SWK Holdings Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., SWK Holdings' Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents SWK Holdings 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 SWK Holdings Corp 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from SWK Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SWK Holdings 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 SWK Holdings 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 industry.
For more detail on how to invest in SWK Stock please use our How to Invest in SWK Holdings guide.As of now, SWK Holdings' Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit48.8M34.5M34.3M24.9M
Total Revenue56.2M41.5M37.8M33.7M

SWK Holdings fundamental ratios Correlations

0.240.240.530.990.630.24-0.43-0.23-0.120.730.69-0.110.140.89-0.070.410.240.50.530.650.10.370.33-0.53-0.55
0.240.250.050.140.590.83-0.14-0.97-0.490.640.68-0.5-0.31-0.01-0.360.970.570.130.90.62-0.40.970.08-0.25-0.2
0.240.250.440.230.150.32-0.07-0.33-0.290.430.42-0.28-0.180.15-0.130.250.350.080.350.17-0.230.44-0.39-0.2-0.13
0.530.050.440.510.450.32-0.10.08-0.450.610.57-0.42-0.280.44-0.220.150.40.140.420.38-0.360.240.58-0.34-0.22
0.990.140.230.510.560.14-0.44-0.14-0.040.650.61-0.030.220.92-0.020.310.160.510.430.580.190.270.3-0.52-0.55
0.630.590.150.450.560.62-0.1-0.5-0.470.910.92-0.46-0.460.33-0.50.760.710.130.830.99-0.520.620.36-0.39-0.23
0.240.830.320.320.140.620.06-0.76-0.890.650.66-0.89-0.320.01-0.580.840.68-0.060.860.63-0.520.840.23-0.36-0.05
-0.43-0.14-0.07-0.1-0.44-0.10.060.09-0.21-0.26-0.22-0.21-0.17-0.54-0.28-0.150.06-1.0-0.17-0.1-0.21-0.13-0.110.50.98
-0.23-0.97-0.330.08-0.14-0.5-0.760.090.4-0.57-0.610.410.220.010.3-0.93-0.49-0.09-0.83-0.560.3-0.950.130.190.14
-0.12-0.49-0.29-0.45-0.04-0.47-0.89-0.210.4-0.47-0.471.00.290.030.65-0.52-0.620.2-0.6-0.460.51-0.52-0.290.35-0.07
0.730.640.430.610.650.910.65-0.26-0.57-0.470.99-0.46-0.460.41-0.320.780.640.30.890.9-0.530.730.31-0.37-0.39
0.690.680.420.570.610.920.66-0.22-0.61-0.470.99-0.46-0.490.35-0.380.810.690.250.90.92-0.550.760.28-0.33-0.34
-0.11-0.5-0.28-0.42-0.03-0.46-0.89-0.210.411.0-0.46-0.460.280.040.65-0.52-0.620.2-0.6-0.460.51-0.52-0.270.35-0.08
0.14-0.31-0.18-0.280.22-0.46-0.32-0.170.220.29-0.46-0.490.280.470.22-0.34-0.50.18-0.39-0.440.97-0.29-0.07-0.31-0.15
0.89-0.010.150.440.920.330.01-0.540.010.030.410.350.040.470.080.12-0.020.590.240.340.440.110.3-0.71-0.62
-0.07-0.36-0.13-0.22-0.02-0.5-0.58-0.280.30.65-0.32-0.380.650.220.08-0.4-0.880.27-0.43-0.50.36-0.35-0.090.29-0.11
0.410.970.250.150.310.760.84-0.15-0.93-0.520.780.81-0.52-0.340.12-0.40.630.160.960.78-0.430.950.14-0.32-0.24
0.240.570.350.40.160.710.680.06-0.49-0.620.640.69-0.62-0.5-0.02-0.880.63-0.050.690.7-0.60.60.09-0.31-0.09
0.50.130.080.140.510.13-0.06-1.0-0.090.20.30.250.20.180.590.270.16-0.050.190.140.220.140.13-0.52-0.99
0.530.90.350.420.430.830.86-0.17-0.83-0.60.890.9-0.6-0.390.24-0.430.960.690.190.83-0.50.940.29-0.39-0.28
0.650.620.170.380.580.990.63-0.1-0.56-0.460.90.92-0.46-0.440.34-0.50.780.70.140.83-0.510.640.26-0.39-0.24
0.1-0.4-0.23-0.360.19-0.52-0.52-0.210.30.51-0.53-0.550.510.970.440.36-0.43-0.60.22-0.5-0.51-0.39-0.14-0.19-0.16
0.370.970.440.240.270.620.84-0.13-0.95-0.520.730.76-0.52-0.290.11-0.350.950.60.140.940.64-0.390.09-0.29-0.21
0.330.08-0.390.580.30.360.23-0.110.13-0.290.310.28-0.27-0.070.3-0.090.140.090.130.290.26-0.140.09-0.21-0.16
-0.53-0.25-0.2-0.34-0.52-0.39-0.360.50.190.35-0.37-0.330.35-0.31-0.710.29-0.32-0.31-0.52-0.39-0.39-0.19-0.29-0.210.6
-0.55-0.2-0.13-0.22-0.55-0.23-0.050.980.14-0.07-0.39-0.34-0.08-0.15-0.62-0.11-0.24-0.09-0.99-0.28-0.24-0.16-0.21-0.160.6
Click cells to compare fundamentals

SWK Holdings Account Relationship Matchups

SWK Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets254.4M273.9M282.7M299.6M334.3M179.9M
Short Long Term Debt Total76K11.8M8K2.4M43.1M45.3M
Other Current Liab14.5M(4.1M)8K3.9M3.9M7.5M
Total Current Liabilities17.6M15.4M5.1M6.3M3.9M3.7M
Total Stockholder Equity236.5M240.5M267.2M279.9M280.3M150.7M
Property Plant And Equipment Net1.3M5.2M5.8M5.8M5.4M5.9M
Net Debt(11.1M)8.8M(42.9M)(3.7M)38.6M40.6M
Retained Earnings(4.2B)(4.2B)(4.2B)(4.2B)(4.1B)(4.4B)
Accounts Payable3.1M3.7M5.1M(33K)(43.1M)(41.0M)
Cash11.2M3.0M42.9M6.2M4.5M4.3M
Non Current Assets Total237.8M267.2M235.2M289.3M322.4M338.5M
Non Currrent Assets Other176.7M208.8M186.9M242.3M282.1M296.2M
Cash And Short Term Investments13.0M4.2M43.9M6.2M4.5M4.3M
Net Receivables2.6M1.9M1.8M3.1M4.7M4.5M
Common Stock Shares Outstanding12.9M12.9M12.8M12.9M12.7M7.1M
Short Term Investments1.8M1.2M1.0M500K450K427.5K
Liabilities And Stockholders Equity254.4M273.9M282.7M299.6M334.3M179.9M
Non Current Liabilities Total279K18.0M10.3M13.3M50.0M52.5M
Other Current Assets1.1M542K1.7M1.1M2.6M3.0M
Other Stockholder Equity4.4B4.4B4.4B4.4B4.4B4.4B
Total Liab17.8M33.4M15.4M19.7M53.9M56.6M
Property Plant And Equipment Gross1.3M5.2M6.8M7.7M8.1M6.5M
Total Current Assets16.6M6.7M47.4M10.4M11.9M11.3M
Other Assets16.6M240.0M22.5M26.2M23.6M22.4M
Intangible Assets25.1M13.6M10.0M8.2M6.5M6.2M
Property Plant Equipment25K1.3M5.2M5.8M5.2M5.1M
Other Liab11K14.7M18.0M10.3M9.3M9.8M
Net Tangible Assets213.1M203.0M218.6M248.9M286.2M208.2M
Retained Earnings Total Equity(4.2B)(4.2B)(4.2B)(4.2B)(4.8B)(5.0B)
Capital Surpluse4.4B4.4B4.4B4.4B5.1B4.9B
Long Term Investments466K3.7M185.2M76K48K45.6K
Non Current Liabilities Other203K1.1M10.3M2.1M2.0M1.7M

Currently Active Assets on Macroaxis

When determining whether SWK Holdings Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SWK Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Swk Holdings Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Swk Holdings Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SWK Holdings 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 industry.
For more detail on how to invest in SWK Stock please use our How to Invest in SWK Holdings guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Specialized Finance 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 SWK Holdings. If investors know SWK 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 SWK Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.134
Earnings Share
0.84
Revenue Per Share
2.063
Quarterly Revenue Growth
(0.35)
Return On Assets
0.0387
The market value of SWK Holdings Corp is measured differently than its book value, which is the value of SWK that is recorded on the company's balance sheet. Investors also form their own opinion of SWK Holdings' value that differs from its market value or its book value, called intrinsic value, which is SWK Holdings' 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 SWK Holdings' market value can be influenced by many factors that don't directly affect SWK Holdings' 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 SWK Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if SWK Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SWK Holdings' 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.