Autodesk Net Receivables vs Good Will Analysis

ADSK Stock

USD 209.95 0.76 0.36%

Autodesk financial indicator trend analysis is way more than just evaluating Autodesk prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autodesk is a good investment. Please check the relationship between Autodesk Net Receivables and its Good Will accounts. 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.

Net Receivables vs Good Will

Net Receivables vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autodesk Net Receivables account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Autodesk's Net Receivables and Good Will is 0.9. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Good Will in the same time period over historical financial statements of Autodesk, assuming nothing else is changed. The correlation between historical values of Autodesk's Net Receivables and Good Will 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 Autodesk are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Receivables i.e., Autodesk's Net Receivables and Good Will go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Autodesk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autodesk 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 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.At this time, Autodesk's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 45.62 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.11.

	2021	2022	2023	2024 (projected)
Gross Profit	4.0B	4.5B	4.9B	5.2B
Total Revenue	4.4B	5.0B	5.5B	5.8B

Gross Profit Total Revenue

Autodesk fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Other Liab	Other Assets
Total Assets		0.77	0.95	0.95	0.28	0.71	0.55	-0.57	0.82	0.98	0.96	0.71	0.97	0.5	0.92	-0.21	0.92	-0.4	0.94	0.79	0.88	0.28	0.51	0.85	0.95	0.89
Short Long Term Debt Total	0.77		0.8	0.86	-0.27	0.78	0.81	-0.84	0.52	0.81	0.8	0.35	0.76	0.22	0.9	-0.48	0.66	-0.31	0.89	0.78	0.53	0.54	0.6	0.64	0.69	0.61
Other Current Liab	0.95	0.8		0.95	0.13	0.7	0.61	-0.68	0.75	0.94	0.92	0.66	0.93	0.56	0.92	-0.27	0.88	-0.37	0.94	0.77	0.82	0.29	0.59	0.74	0.91	0.81
Total Current Liabilities	0.95	0.86	0.95		-0.03	0.79	0.74	-0.79	0.67	0.98	0.97	0.5	0.9	0.34	0.96	-0.42	0.92	-0.39	0.99	0.85	0.71	0.43	0.41	0.81	0.93	0.88
Total Stockholder Equity	0.28	-0.27	0.13	-0.03		-0.13	-0.58	0.62	0.52	0.13	0.1	0.66	0.28	0.54	-0.09	0.56	0.17	0.08	-0.06	-0.06	0.57	-0.33	0.21	0.24	0.22	0.24
Property Plant And Equipment Net	0.71	0.78	0.7	0.79	-0.13		0.56	-0.65	0.64	0.74	0.73	0.41	0.68	0.25	0.77	-0.32	0.57	-0.27	0.79	0.98	0.54	0.56	0.43	0.48	0.64	0.59
Net Debt	0.55	0.81	0.61	0.74	-0.58	0.56		-0.92	0.08	0.67	0.68	-0.05	0.49	-0.13	0.78	-0.63	0.6	-0.46	0.77	0.58	0.17	0.48	0.2	0.56	0.55	0.52
Retained Earnings	-0.57	-0.84	-0.68	-0.79	0.62	-0.65	-0.92		-0.22	-0.68	-0.69	-0.01	-0.54	0.01	-0.81	0.64	-0.61	0.33	-0.81	-0.66	-0.23	-0.46	-0.24	-0.47	-0.59	-0.52
Cash	0.82	0.52	0.75	0.67	0.52	0.64	0.08	-0.22		0.7	0.68	0.91	0.84	0.73	0.66	0.15	0.61	-0.25	0.67	0.68	0.94	0.22	0.57	0.52	0.73	0.6
Non Current Assets Total	0.98	0.81	0.94	0.98	0.13	0.74	0.67	-0.68	0.7		0.99	0.54	0.93	0.36	0.95	-0.33	0.94	-0.4	0.97	0.81	0.75	0.3	0.43	0.89	0.94	0.93
Non Currrent Assets Other	0.96	0.8	0.92	0.97	0.1	0.73	0.68	-0.69	0.68	0.99		0.51	0.92	0.34	0.94	-0.37	0.96	-0.36	0.97	0.81	0.73	0.28	0.38	0.87	0.95	0.93
Cash And Short Term Investments	0.71	0.35	0.66	0.5	0.66	0.41	-0.05	-0.01	0.91	0.54	0.51		0.75	0.79	0.51	0.26	0.47	-0.28	0.51	0.46	0.96	0.18	0.62	0.39	0.62	0.43
Net Receivables	0.97	0.76	0.93	0.9	0.28	0.68	0.49	-0.54	0.84	0.93	0.92	0.75		0.56	0.91	-0.24	0.85	-0.33	0.91	0.75	0.9	0.24	0.56	0.78	0.93	0.81
Common Stock Shares Outstanding	0.5	0.22	0.56	0.34	0.54	0.25	-0.13	0.01	0.73	0.36	0.34	0.79	0.56		0.32	0.26	0.32	0.12	0.34	0.28	0.75	0.1	0.65	0.21	0.37	0.2
Non Current Liabilities Total	0.92	0.9	0.92	0.96	-0.09	0.77	0.78	-0.81	0.66	0.95	0.94	0.51	0.91	0.32		-0.4	0.84	-0.49	0.99	0.81	0.71	0.38	0.49	0.76	0.88	0.8
Inventory	-0.21	-0.48	-0.27	-0.42	0.56	-0.32	-0.63	0.64	0.15	-0.33	-0.37	0.26	-0.24	0.26	-0.4		-0.33	-0.08	-0.41	-0.33	0.09	-0.28	0.03	-0.26	-0.33	-0.32
Other Current Assets	0.92	0.66	0.88	0.92	0.17	0.57	0.6	-0.61	0.61	0.94	0.96	0.47	0.85	0.32	0.84	-0.33		-0.31	0.89	0.69	0.69	0.17	0.23	0.87	0.95	0.94
Other Stockholder Equity	-0.4	-0.31	-0.37	-0.39	0.08	-0.27	-0.46	0.33	-0.25	-0.4	-0.36	-0.28	-0.33	0.12	-0.49	-0.08	-0.31		-0.45	-0.29	-0.33	-0.17	-0.1	-0.28	-0.39	-0.34
Total Liab	0.94	0.89	0.94	0.99	-0.06	0.79	0.77	-0.81	0.67	0.97	0.97	0.51	0.91	0.34	0.99	-0.41	0.89	-0.45		0.84	0.72	0.41	0.46	0.8	0.92	0.85
Property Plant And Equipment Gross	0.79	0.78	0.77	0.85	-0.06	0.98	0.58	-0.66	0.68	0.81	0.81	0.46	0.75	0.28	0.81	-0.33	0.69	-0.29	0.84		0.61	0.52	0.38	0.56	0.74	0.7
Total Current Assets	0.88	0.53	0.82	0.71	0.57	0.54	0.17	-0.23	0.94	0.75	0.73	0.96	0.9	0.75	0.71	0.09	0.69	-0.33	0.72	0.61		0.2	0.61	0.6	0.81	0.65
Short Term Debt	0.28	0.54	0.29	0.43	-0.33	0.56	0.48	-0.46	0.22	0.3	0.28	0.18	0.24	0.1	0.38	-0.28	0.17	-0.17	0.41	0.52	0.2		0.16	0.23	0.24	0.11
Accounts Payable	0.51	0.6	0.59	0.41	0.21	0.43	0.2	-0.24	0.57	0.43	0.38	0.62	0.56	0.65	0.49	0.03	0.23	-0.1	0.46	0.38	0.61	0.16		0.23	0.3	0.19
Intangible Assets	0.85	0.64	0.74	0.81	0.24	0.48	0.56	-0.47	0.52	0.89	0.87	0.39	0.78	0.21	0.76	-0.26	0.87	-0.28	0.8	0.56	0.6	0.23	0.23		0.82	0.9
Other Liab	0.95	0.69	0.91	0.93	0.22	0.64	0.55	-0.59	0.73	0.94	0.95	0.62	0.93	0.37	0.88	-0.33	0.95	-0.39	0.92	0.74	0.81	0.24	0.3	0.82		0.92
Other Assets	0.89	0.61	0.81	0.88	0.24	0.59	0.52	-0.52	0.6	0.93	0.93	0.43	0.81	0.2	0.8	-0.32	0.94	-0.34	0.85	0.7	0.65	0.11	0.19	0.9	0.92

Click cells to compare fundamentals

Autodesk Account Relationship Matchups

Autodesk fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.2B	7.3B	8.6B	9.4B	9.9B	10.4B
Short Long Term Debt Total	2.5B	2.1B	3.1B	2.7B	2.6B	1.5B
Other Current Liab	461.6M	559.9M	589M	610M	684M	718.2M
Total Current Liabilities	3.2B	3.3B	4.0B	4B	4.4B	4.6B
Total Stockholder Equity	(139.1M)	965.5M	849.1M	1.1B	1.9B	1.9B
Property Plant And Equipment Net	600.5M	609.5M	467M	389M	345M	362.3M
Net Debt	769.9M	332.4M	1.5B	719M	734M	770.7M
Retained Earnings	(2.3B)	(1.5B)	(2.0B)	(2.0B)	(1.7B)	(1.6B)
Cash	1.8B	1.8B	1.5B	1.9B	1.9B	2.0B
Non Current Assets Total	3.5B	4.6B	5.8B	6.1B	6.3B	6.6B
Non Currrent Assets Other	347.2M	412.9M	492.3M	560M	602M	632.1M
Cash And Short Term Investments	1.8B	1.9B	1.8B	2.1B	2.2B	2.4B
Net Receivables	652.3M	643.1M	716.1M	961M	876M	919.8M
Common Stock Shares Outstanding	222.5M	222.1M	222M	218M	216M	245.0M
Liabilities And Stockholders Equity	6.2B	7.3B	8.6B	9.4B	9.9B	10.4B
Non Current Liabilities Total	3.1B	3.1B	3.7B	4.3B	3.7B	3.9B
Other Current Assets	163.3M	198.9M	283.6M	308M	457M	479.9M
Other Stockholder Equity	138.9M	(125.9M)	(124M)	(185M)	(166.5M)	(158.2M)
Total Liab	6.3B	6.3B	7.8B	8.3B	8.1B	8.5B
Property Plant And Equipment Gross	600.5M	609.5M	467M	389M	447.4M	469.7M
Total Current Assets	2.7B	2.7B	2.8B	3.3B	3.6B	3.8B
Accumulated Other Comprehensive Income	(160.3M)	(125.9M)	(124M)	(185M)	(234M)	(222.3M)
Short Term Debt	497.8M	71.4M	436.3M	85M	67M	109.9M
Accounts Payable	83.7M	122.5M	120.8M	102M	100M	68.7M
Intangible Assets	70.9M	88.6M	493.8M	407M	406M	426.3M
Other Liab	1.1B	1.0B	1.1B	1.7B	2.0B	2.1B
Other Assets	267.4M	1.1B	1.2B	1.6B	1.8B	1.9B
Good Will	2.4B	2.7B	3.6B	3.6B	3.7B	3.8B
Common Stock Total Equity	2.3B	2.6B	2.9B	3.3B	3.8B	4.0B
Short Term Investments	69M	85M	235.7M	125M	354M	254.9M
Common Stock	2.3B	2.6B	2.9B	3.3B	3.8B	4.0B
Property Plant Equipment	161.7M	609.5M	467M	144M	165.6M	156.2M
Current Deferred Revenue	2.2B	2.5B	2.9B	3.2B	3.5B	3.7B
Net Tangible Assets	(1.8B)	(1.9B)	(3.2B)	(1.2B)	(1.1B)	(1.0B)
Long Term Debt	1.6B	1.6B	2.3B	2.3B	2.6B	2.8B
Retained Earnings Total Equity	(2.3B)	(1.5B)	(2.0B)	(2.0B)	(1.8B)	(1.7B)
Deferred Long Term Liab	82.5M	11.4M	29.4M	32M	28.8M	27.4M
Non Current Liabilities Other	550.6M	139.8M	148.9M	139M	125.1M	185.4M

Pair Trading with Autodesk

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

Moving together with Autodesk Stock

0.67	U	Unity Software Aggressive Push	Pair Corr
0.74	AI	C3 Ai Inc Financial Report 29th of May 2024	Pair Corr

Moving against Autodesk Stock

0.44

MoneyLion Financial Report 14th of May 2024

Pair Corr

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

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

How To Invest In Autodesk

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Is Autodesk Stock a good investment?

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What is Autodesk's Net Worth?

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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.

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Autodesk Net Receivables vs Good Will Analysis

Net Receivables vs Good Will

Net Receivables vs Good Will Correlation Analysis

Correlation Coefficient

Net Receivables

Good Will

Autodesk fundamental ratios Correlations

Autodesk Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Autodesk fundamental ratios Accounts

Pair Trading with Autodesk

Moving together with Autodesk Stock

Moving against Autodesk Stock

Complementary Tools for Autodesk Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Assets Total	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Current Liabilities
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net

Retained Earnings	- 0.92	Net Debt
Retained Earnings	- 0.84	Short Long Term Debt Total
Total Liab	- 0.81	Retained Earnings
Non Current Liabilities Total	- 0.81	Retained Earnings
Retained Earnings	- 0.79	Total Current Liabilities
Non Currrent Assets Other	- 0.69	Retained Earnings