Autodesk Financials

ADSK Stock  USD 260.97  0.70  0.27%   
Based on the analysis of Autodesk's profitability, liquidity, and operating efficiency, Autodesk may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Autodesk's Net Debt is quite stable compared to the past year. Cash is expected to rise to about 2 B this year, although the value of Inventory will most likely fall to 1.09. Key indicators impacting Autodesk's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.780.8226
Notably Down
Slightly volatile
The financial analysis of Autodesk is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Autodesk includes many different criteria found on its balance sheet. For example, investors should never minimize Autodesk's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Autodesk's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Autodesk.

Net Income

951.3 Million

With this module, you can analyze Autodesk financials for your investing period. You should be able to track the changes in Autodesk individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Autodesk Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Autodesk's financial statements are interrelated, with each one affecting the others. For example, an increase in Autodesk's assets may result in an increase in income on the income statement.
Evaluating Autodesk's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Autodesk's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Autodesk's relative financial performance

Chance Of Distress

Less than 5

 
100  
 
Zero
Very Low
Autodesk has less than 5 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Autodesk stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Autodesk's odds of distress score SHOULD NOT be confused with the real chance of Autodesk filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Autodesk is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Autodesk's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Autodesk's official financial statements usually reflect Autodesk's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Autodesk. For example, before you start analyzing numbers published by Autodesk accountants, it's critical to develop an understanding of what Autodesk's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Autodesk's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Autodesk's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Autodesk's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Autodesk. Please utilize our Beneish M Score to check the likelihood of Autodesk's management manipulating its earnings.

Autodesk Company Summary

Autodesk competes with Kingsoft Cloud, C3 Ai, Eventbrite, and Daily Journal. Autodesk, Inc. provides 3D design, engineering, and entertainment software and services worldwide. Autodesk, Inc. was incorporated in 1982 and is headquartered in San Rafael, California. Autodesk operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 12600 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000769397
ISINUS0527691069
CUSIP052769106
RegionNorth America
LocationCalifornia; U.S.A
Business AddressOne Market Street,
SectorSoftware
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.autodesk.com
Phone415 507 5000
CurrencyUSD - US Dollar
You should never invest in Autodesk without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Autodesk Stock, because this is throwing your money away. Analyzing the key information contained in Autodesk's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Autodesk Key Financial Ratios

Generally speaking, Autodesk's financial ratios allow both analysts and investors to convert raw data from Autodesk's financial statements into concise, actionable information that can be used to evaluate the performance of Autodesk over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Autodesk reports annually and quarterly.

Autodesk Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.2B7.3B8.6B9.4B9.9B10.4B
Other Current Liab461.6M559.9M589M610M684M718.2M
Net Debt769.9M332.4M1.5B719M734M770.7M
Retained Earnings(2.3B)(1.5B)(2.0B)(2.0B)(1.7B)(1.6B)
Cash1.8B1.8B1.5B1.9B1.9B2.0B
Net Receivables652.3M643.1M716.1M961M876M919.8M
Other Current Assets163.3M198.9M283.6M308M457M479.9M
Total Liab6.3B6.3B7.8B8.3B8.1B8.5B
Total Current Assets2.7B2.7B2.8B3.3B3.6B3.8B
Short Term Debt497.8M71.4M436.3M85M67M109.9M
Accounts Payable83.7M122.5M120.8M102M100M68.7M
Intangible Assets70.9M88.6M493.8M407M468.1M491.5M
Other Liab1.1B1.0B1.1B1.7B2.0B2.1B
Other Assets267.4M1.1B1.2B1.6B1.8B1.9B
Good Will2.4B2.7B3.6B3.6B3.7B3.8B
Common Stock2.3B2.6B2.9B3.3B3.8B4.0B
Net Tangible Assets(1.8B)(1.9B)(3.2B)(1.2B)(1.1B)(1.0B)
Long Term Debt1.6B1.6B2.3B2.3B2.6B2.8B

Autodesk Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Autodesk's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense54M82.4M65M43M8M12.7M
Total Revenue3.3B3.8B4.4B5.0B5.5B5.8B
Gross Profit2.9B3.5B4.0B4.5B4.9B5.2B
Operating Income343M629.1M617.6M989M1.1B1.2B
Ebit343M629.1M617.6M989M1.1B1.2B
Ebitda471.3M752.9M765.7M1.1B1.3B1.3B
Cost Of Revenue324.9M337.1M418.5M480M553M580.7M
Income Before Tax294.8M546.7M564.7M946M1.1B1.2B
Net Income214.5M1.2B497M823M906M951.3M
Income Tax Expense80.3M(661.5M)67.7M123M230M241.5M
Research Development851.1M932.5M1.1B1.2B1.4B1.4B
Tax Provision80.3M(661.5M)67.7M123M110.7M116.2M
Net Interest Income(54M)(82.4M)(52.9M)(43M)(38.7M)(40.6M)

Autodesk Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Autodesk. It measures of how well Autodesk is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Autodesk brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Autodesk had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Autodesk has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(32M)(27M)64.6M(40M)(36M)(34.2M)
Change In Cash888.7M(2.5M)(243.8M)419M(55M)(52.3M)
Free Cash Flow1.4B1.3B1.5B2.0B1.3B1.3B
Depreciation127.3M123.8M148.1M150M139M87.7M
Capital Expenditures53.2M95.9M66.5M46M61M48.5M
Net Income214.5M1.2B497M823M906M951.3M
End Period Cash Flow1.8B1.8B1.5B1.9B1.9B2.0B
Other Non Cash Items(11.4M)38.8M121.3M26M(38M)(36.1M)
Change To Netincome360.8M(341.4M)565.2M406M466.9M490.2M
Investments7.5M(403.9M)(273.3M)(143M)(164.5M)(172.7M)
Change Receivables(178.5M)12.6M(66.2M)(247M)(222.3M)(211.2M)
Net Borrowings(1.1M)(450M)997M(350M)(315M)(299.3M)

Autodesk Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Autodesk's current stock value. Our valuation model uses many indicators to compare Autodesk value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Autodesk competition to find correlations between indicators driving Autodesk's intrinsic value. More Info.
Autodesk is number one stock in profit margin category among related companies. It is number one stock in price to book category among related companies fabricating about  183.10  of Price To Book per Profit Margin. Price To Book Ratio is expected to rise to 30.74 this year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Autodesk by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Autodesk's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Autodesk's earnings, one of the primary drivers of an investment's value.

Autodesk Systematic Risk

Autodesk's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Autodesk volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Autodesk correlated with the market. If Beta is less than 0 Autodesk generally moves in the opposite direction as compared to the market. If Autodesk Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Autodesk is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Autodesk is generally in the same direction as the market. If Beta > 1 Autodesk moves generally in the same direction as, but more than the movement of the benchmark.

About Autodesk Financials

What exactly are Autodesk Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Autodesk's income statement, its balance sheet, and the statement of cash flows. Potential Autodesk investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Autodesk investors may use each financial statement separately, they are all related. The changes in Autodesk's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Autodesk's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Autodesk Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Autodesk is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Autodesk has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Autodesk's financials are consistent with your investment objective using the following steps:
  • Review Autodesk's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Autodesk's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Autodesk's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Autodesk's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Autodesk Thematic Clasifications

Autodesk is part of Technology investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics
TechnologyView
This theme covers Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. Get More Thematic Ideas
Today, most investors in Autodesk Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Autodesk's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Autodesk growth as a starting point in their analysis.

Price Earnings To Growth Ratio

5.71

At this time, Autodesk's Price Earnings To Growth Ratio is quite stable compared to the past year.

Autodesk March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Autodesk help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Autodesk. We use our internally-developed statistical techniques to arrive at the intrinsic value of Autodesk based on widely used predictive technical indicators. In general, we focus on analyzing Autodesk Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Autodesk's daily price indicators and compare them against related drivers.
When determining whether Autodesk is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Autodesk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Autodesk Stock. Highlighted below are key reports to facilitate an investment decision about Autodesk Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autodesk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Autodesk Stock please use our How to buy in Autodesk Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Autodesk Stock analysis

When running Autodesk's price analysis, check to measure Autodesk's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Autodesk is operating at the current time. Most of Autodesk's value examination focuses on studying past and present price action to predict the probability of Autodesk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autodesk's price. Additionally, you may evaluate how the addition of Autodesk to your portfolios can decrease your overall portfolio volatility.
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Is Autodesk's industry 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 Autodesk. If investors know Autodesk 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 Autodesk 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
(0.03)
Earnings Share
4.19
Revenue Per Share
25.687
Quarterly Revenue Growth
0.115
Return On Assets
0.0729
The market value of Autodesk is measured differently than its book value, which is the value of Autodesk that is recorded on the company's balance sheet. Investors also form their own opinion of Autodesk's value that differs from its market value or its book value, called intrinsic value, which is Autodesk's 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 Autodesk's market value can be influenced by many factors that don't directly affect Autodesk's 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 Autodesk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autodesk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autodesk's 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.