Apogee Total Liab vs Intangible Assets Analysis

APOG Stock  USD 73.15  1.08  1.50%   
Apogee Enterprises financial indicator trend analysis is way more than just evaluating Apogee Enterprises prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apogee Enterprises is a good investment. Please check the relationship between Apogee Enterprises Total Liab and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apogee Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.

Total Liab vs Intangible Assets

Total Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apogee Enterprises Total Liab account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Apogee Enterprises' Total Liab and Intangible Assets is 0.83. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Apogee Enterprises, assuming nothing else is changed. The correlation between historical values of Apogee Enterprises' Total Liab and Intangible Assets 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 Apogee Enterprises are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Liab i.e., Apogee Enterprises' Total Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

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

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Apogee Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apogee Enterprises 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 Apogee Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.At this time, Apogee Enterprises' Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Apogee Enterprises' current Enterprise Value is estimated to increase to about 1.2 B, while Selling General Administrative is projected to decrease to roughly 137 M.
 2021 2022 2023 2024 (projected)
Gross Profit274.2M335.3M372.6M194.2M
Total Revenue1.3B1.4B1.4B910.8M

Apogee Enterprises fundamental ratios Correlations

0.850.480.940.920.990.780.920.280.990.560.030.81-0.130.910.940.650.890.960.440.950.310.860.830.370.32
0.850.250.750.690.80.940.74-0.20.880.58-0.40.65-0.130.890.860.470.590.880.360.70.480.930.720.090.1
0.480.250.560.230.420.470.20.40.440.690.230.28-0.480.60.410.640.330.610.550.53-0.610.150.58-0.08-0.13
0.940.750.560.840.920.710.820.280.90.480.030.88-0.370.820.940.650.870.920.680.960.280.70.940.330.24
0.920.690.230.840.960.530.990.370.90.370.180.80.130.690.830.430.960.770.230.910.460.790.650.620.56
0.990.80.420.920.960.70.960.320.980.510.080.82-0.060.840.910.580.930.90.390.950.350.850.780.480.41
0.780.940.470.710.530.70.57-0.230.810.71-0.410.56-0.290.930.780.530.450.890.450.630.190.820.71-0.1-0.09
0.920.740.20.820.990.960.570.30.910.410.090.760.120.70.830.430.910.770.20.880.50.860.650.560.49
0.28-0.20.40.280.370.32-0.230.30.22-0.070.880.140.070.120.150.470.480.180.070.42-0.34-0.050.20.420.37
0.990.880.440.90.90.980.810.910.220.58-0.030.76-0.090.930.930.660.850.960.390.90.340.910.810.310.28
0.560.580.690.480.370.510.710.41-0.070.58-0.180.25-0.080.690.480.340.320.640.180.49-0.20.520.43-0.020.0
0.03-0.40.230.030.180.08-0.410.090.88-0.03-0.18-0.070.15-0.13-0.160.190.28-0.07-0.060.21-0.36-0.27-0.130.440.41
0.810.650.280.880.80.820.560.760.140.760.25-0.07-0.250.620.860.310.840.740.570.880.420.590.780.440.36
-0.13-0.13-0.48-0.370.13-0.06-0.290.120.07-0.09-0.080.15-0.25-0.24-0.23-0.40.05-0.3-0.86-0.180.180.06-0.520.330.45
0.910.890.60.820.690.840.930.70.120.930.69-0.130.62-0.240.860.750.640.980.450.790.110.840.80.040.05
0.940.860.410.940.830.910.780.830.150.930.48-0.160.86-0.230.860.610.830.930.560.90.410.820.920.280.24
0.650.470.640.650.430.580.530.430.470.660.340.190.31-0.40.750.610.460.740.490.57-0.120.490.74-0.14-0.15
0.890.590.330.870.960.930.450.910.480.850.320.280.840.050.640.830.460.750.360.950.360.650.70.660.61
0.960.880.610.920.770.90.890.770.180.960.64-0.070.74-0.30.980.930.740.750.550.890.180.830.890.150.12
0.440.360.550.680.230.390.450.20.070.390.18-0.060.57-0.860.450.560.490.360.550.530.00.160.770.04-0.07
0.950.70.530.960.910.950.630.880.420.90.490.210.88-0.180.790.90.570.950.890.530.240.690.830.50.43
0.310.48-0.610.280.460.350.190.5-0.340.34-0.2-0.360.420.180.110.41-0.120.360.180.00.240.520.210.290.29
0.860.930.150.70.790.850.820.86-0.050.910.52-0.270.590.060.840.820.490.650.830.160.690.520.620.220.23
0.830.720.580.940.650.780.710.650.20.810.43-0.130.78-0.520.80.920.740.70.890.770.830.210.620.080.0
0.370.09-0.080.330.620.48-0.10.560.420.31-0.020.440.440.330.040.28-0.140.660.150.040.50.290.220.080.97
0.320.1-0.130.240.560.41-0.090.490.370.280.00.410.360.450.050.24-0.150.610.12-0.070.430.290.230.00.97
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Apogee Enterprises Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Apogee Enterprises is a strong investment it is important to analyze Apogee Enterprises' 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 Apogee Enterprises' future performance. For an informed investment choice regarding Apogee Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apogee Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Building Products 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 Apogee Enterprises. If investors know Apogee 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 Apogee Enterprises 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
(0.08)
Dividend Share
0.99
Earnings Share
4.74
Revenue Per Share
62.921
Quarterly Revenue Growth
(0.03)
The market value of Apogee Enterprises is measured differently than its book value, which is the value of Apogee that is recorded on the company's balance sheet. Investors also form their own opinion of Apogee Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Apogee Enterprises' 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 Apogee Enterprises' market value can be influenced by many factors that don't directly affect Apogee Enterprises' 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 Apogee Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Apogee Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apogee Enterprises' 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.