Applied Treasury Stock vs Accounts Payable Analysis

APLD Stock  USD 7.28  0.39  5.66%   
Applied Blockchain financial indicator trend analysis is way more than just evaluating Applied Blockchain prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied Blockchain is a good investment. Please check the relationship between Applied Blockchain Treasury Stock and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Blockchain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.

Treasury Stock vs Accounts Payable

Treasury Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applied Blockchain Treasury Stock account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Applied Blockchain's Treasury Stock and Accounts Payable is 0.01. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Applied Blockchain, assuming nothing else is changed. The correlation between historical values of Applied Blockchain's Treasury Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Applied Blockchain are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Treasury Stock i.e., Applied Blockchain's Treasury Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Treasury Stock

Accounts Payable

An accounting item on the balance sheet that represents Applied Blockchain 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 Applied Blockchain 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.
Most indicators from Applied Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied Blockchain 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 Applied Blockchain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.At present, Applied Blockchain's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 137.4 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 1.86.
 2021 2022 2023 2024 (projected)
Interest Expense112K2.0M26.8M28.2M
Depreciation And Amortization1.1M7.3M79.4M83.3M

Applied Blockchain fundamental ratios Correlations

1.00.950.98-1.00.990.610.340.931.00.991.00.490.920.971.01.00.970.220.040.940.97-0.13-0.130.810.85
1.00.930.99-0.990.990.560.290.911.00.981.00.440.90.981.01.00.980.170.050.920.97-0.13-0.130.770.83
0.950.930.87-0.950.920.790.550.970.920.980.930.710.990.880.940.940.890.510.020.950.89-0.14-0.140.940.95
0.980.990.87-0.970.990.430.150.830.990.950.990.310.821.00.990.990.990.060.070.860.96-0.11-0.110.680.74
-1.0-0.99-0.95-0.97-0.98-0.63-0.39-0.94-0.99-0.99-0.99-0.52-0.93-0.96-0.99-0.99-0.96-0.240.03-0.94-0.950.20.2-0.81-0.88
0.990.990.920.99-0.980.510.230.870.990.970.990.40.880.990.990.991.00.180.060.880.96-0.12-0.120.750.8
0.610.560.790.43-0.630.510.890.840.540.690.550.970.850.420.570.570.430.73-0.10.80.52-0.17-0.170.920.87
0.340.290.550.15-0.390.230.890.640.260.450.280.930.650.130.30.290.140.72-0.360.590.21-0.39-0.390.730.75
0.930.910.970.83-0.940.870.840.640.890.960.90.750.990.820.910.910.820.45-0.020.990.87-0.16-0.160.940.96
1.01.00.920.99-0.990.990.540.260.890.971.00.420.880.991.01.00.980.140.050.910.97-0.13-0.130.750.81
0.990.980.980.95-0.990.970.690.450.960.970.980.590.960.940.990.980.940.340.00.950.94-0.17-0.170.870.91
1.01.00.930.99-0.990.990.550.280.91.00.980.430.890.981.01.00.980.160.050.920.97-0.13-0.130.770.82
0.490.440.710.31-0.520.40.970.930.750.420.590.430.770.30.460.450.320.8-0.10.690.4-0.16-0.160.870.81
0.920.90.990.82-0.930.880.850.650.990.880.960.890.770.820.910.90.830.54-0.030.960.85-0.17-0.170.970.97
0.970.980.881.0-0.960.990.420.130.820.990.940.980.30.820.980.981.00.10.070.830.95-0.11-0.110.680.74
1.01.00.940.99-0.990.990.570.30.911.00.991.00.460.910.981.00.980.190.050.930.97-0.13-0.130.790.83
1.01.00.940.99-0.990.990.570.290.911.00.981.00.450.90.981.00.980.180.050.920.97-0.13-0.130.780.83
0.970.980.890.99-0.961.00.430.140.820.980.940.980.320.831.00.980.980.130.110.830.96-0.07-0.070.70.74
0.220.170.510.06-0.240.180.730.720.450.140.340.160.80.540.10.190.180.13-0.090.320.1-0.11-0.110.690.59
0.040.050.020.070.030.06-0.1-0.36-0.020.050.00.05-0.1-0.030.070.050.050.11-0.090.00.270.980.980.07-0.26
0.940.920.950.86-0.940.880.80.590.990.910.950.920.690.960.830.930.920.830.320.00.9-0.15-0.150.90.92
0.970.970.890.96-0.950.960.520.210.870.970.940.970.40.850.950.970.970.960.10.270.90.090.090.750.73
-0.13-0.13-0.14-0.110.2-0.12-0.17-0.39-0.16-0.13-0.17-0.13-0.16-0.17-0.11-0.13-0.13-0.07-0.110.98-0.150.091.0-0.05-0.39
-0.13-0.13-0.14-0.110.2-0.12-0.17-0.39-0.16-0.13-0.17-0.13-0.16-0.17-0.11-0.13-0.13-0.07-0.110.98-0.150.091.0-0.05-0.39
0.810.770.940.68-0.810.750.920.730.940.750.870.770.870.970.680.790.780.70.690.070.90.75-0.05-0.050.93
0.850.830.950.74-0.880.80.870.750.960.810.910.820.810.970.740.830.830.740.59-0.260.920.73-0.39-0.390.93
Click cells to compare fundamentals

Applied Blockchain Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Applied Blockchain is a strong investment it is important to analyze Applied Blockchain's 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 Applied Blockchain's future performance. For an informed investment choice regarding Applied Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Blockchain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Application Software 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 Applied Blockchain. If investors know Applied 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 Applied Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.23)
Revenue Per Share
1.505
Quarterly Revenue Growth
0.671
Return On Assets
(0.09)
Return On Equity
(0.67)
The market value of Applied Blockchain is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Applied Blockchain'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 Applied Blockchain's market value can be influenced by many factors that don't directly affect Applied Blockchain'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 Applied Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Blockchain'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.