Aspen Free Cash Flow Per Share vs Cash Ratio Analysis

AZPN Stock

USD 245.00 0.97 0.39%

Aspen Technology financial indicator trend analysis is way more than just evaluating Aspen Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aspen Technology is a good investment. Please check the relationship between Aspen Technology Free Cash Flow Per Share and its Cash Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.

Free Cash Flow Per Share vs Cash Ratio

Free Cash Flow Per Share vs Cash Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aspen Technology Free Cash Flow Per Share account and Cash Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between Aspen Technology's Free Cash Flow Per Share and Cash Ratio is 0.37. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of Aspen Technology, assuming nothing else is changed. The correlation between historical values of Aspen Technology's Free Cash Flow Per Share and Cash Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Aspen Technology are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Aspen Technology's Free Cash Flow Per Share and Cash Ratio go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Cash Ratio

Most indicators from Aspen Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aspen Technology 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 Aspen Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.At this time, Aspen Technology's Selling General Administrative is very stable compared to the past year. As of the 10th of November 2024, Issuance Of Capital Stock is likely to grow to about 26.7 M, though Tax Provision is likely to grow to (32.4 M).

	2021	2023	2024 (projected)
Interest Expense	3.5M	3.1M	3.0M
Depreciation And Amortization	158.0M	509.1M	534.5M

Interest Expense Depreciation And Amortization

Aspen Technology 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.02	0.92	0.08	1.0	0.96	-0.33	-0.19	0.8	0.4	1.0	0.7	0.35	0.89	-0.35	0.93	0.59	0.99	0.93	0.94	0.85	-0.4	1.0	0.2	-0.9	0.99
Short Long Term Debt Total	0.02		-0.06	0.02	-0.01	0.14	0.51	0.74	0.17	0.61	-0.01	-0.35	0.58	0.3	-0.05	0.33	0.02	-0.09	0.32	0.09	0.44	0.38	0.0	0.38	0.21	0.02
Other Current Liab	0.92	-0.06		0.16	0.92	0.92	-0.19	-0.05	0.64	0.23	0.92	0.68	0.15	0.89	-0.25	0.8	0.31	0.9	0.84	0.93	0.78	-0.23	0.89	0.25	-0.79	0.95
Total Current Liabilities	0.08	0.02	0.16		0.06	0.04	0.05	-0.13	0.23	0.06	0.08	-0.33	0.03	-0.06	0.37	-0.01	-0.04	0.08	0.23	0.03	-0.05	0.58	0.09	0.62	0.16	0.1
Total Stockholder Equity	1.0	-0.01	0.92	0.06		0.96	-0.34	-0.21	0.79	0.38	1.0	0.71	0.33	0.88	-0.35	0.92	0.59	0.99	0.92	0.94	0.84	-0.41	1.0	0.18	-0.91	0.99
Property Plant And Equipment Net	0.96	0.14	0.92	0.04	0.96		-0.26	-0.06	0.68	0.45	0.96	0.7	0.4	0.92	-0.31	0.92	0.48	0.94	0.92	0.99	0.9	-0.38	0.94	0.24	-0.83	0.98
Net Debt	-0.33	0.51	-0.19	0.05	-0.34	-0.26		0.71	-0.15	-0.26	-0.34	-0.31	-0.36	-0.04	-0.29	-0.17	-0.44	-0.41	-0.16	-0.27	-0.19	0.72	-0.34	-0.1	0.31	-0.28
Retained Earnings	-0.19	0.74	-0.05	-0.13	-0.21	-0.06	0.71		-0.05	0.26	-0.21	-0.34	0.18	0.24	-0.16	0.07	-0.46	-0.32	0.02	-0.08	0.23	0.48	-0.24	0.15	0.31	-0.15
Accounts Payable	0.8	0.17	0.64	0.23	0.79	0.68	-0.15	-0.05		0.49	0.8	0.26	0.42	0.69	-0.38	0.85	0.52	0.77	0.87	0.61	0.69	-0.16	0.83	0.24	-0.68	0.73
Cash	0.4	0.61	0.23	0.06	0.38	0.45	-0.26	0.26	0.49		0.38	-0.06	0.98	0.46	0.0	0.62	0.41	0.34	0.59	0.39	0.71	-0.15	0.4	0.5	-0.16	0.35
Non Current Assets Total	1.0	-0.01	0.92	0.08	1.0	0.96	-0.34	-0.21	0.8	0.38		0.71	0.33	0.88	-0.35	0.92	0.59	0.99	0.93	0.94	0.84	-0.4	1.0	0.19	-0.91	0.99
Non Currrent Assets Other	0.7	-0.35	0.68	-0.33	0.71	0.7	-0.31	-0.34	0.26	-0.06	0.71		-0.09	0.57	-0.53	0.53	0.43	0.73	0.45	0.74	0.45	-0.59	0.68	-0.31	-0.86	0.72
Cash And Short Term Investments	0.35	0.58	0.15	0.03	0.33	0.4	-0.36	0.18	0.42	0.98	0.33	-0.09		0.38	0.11	0.55	0.43	0.3	0.53	0.34	0.66	-0.22	0.35	0.52	-0.1	0.3
Net Receivables	0.89	0.3	0.89	-0.06	0.88	0.92	-0.04	0.24	0.69	0.46	0.88	0.57	0.38		-0.34	0.92	0.38	0.83	0.89	0.9	0.94	-0.22	0.86	0.28	-0.73	0.9
Common Stock Shares Outstanding	-0.35	-0.05	-0.25	0.37	-0.35	-0.31	-0.29	-0.16	-0.38	0.0	-0.35	-0.53	0.11	-0.34		-0.4	-0.13	-0.32	-0.29	-0.29	-0.22	0.14	-0.37	0.64	0.63	-0.32
Non Current Liabilities Total	0.93	0.33	0.8	-0.01	0.92	0.92	-0.17	0.07	0.85	0.62	0.92	0.53	0.55	0.92	-0.4		0.59	0.89	0.97	0.88	0.94	-0.32	0.93	0.26	-0.79	0.91
Other Current Assets	0.59	0.02	0.31	-0.04	0.59	0.48	-0.44	-0.46	0.52	0.41	0.59	0.43	0.43	0.38	-0.13	0.59		0.62	0.55	0.45	0.47	-0.45	0.62	0.18	-0.54	0.52
Other Stockholder Equity	0.99	-0.09	0.9	0.08	0.99	0.94	-0.41	-0.32	0.77	0.34	0.99	0.73	0.3	0.83	-0.32	0.89	0.62		0.89	0.92	0.79	-0.46	0.99	0.16	-0.92	0.98
Total Liab	0.93	0.32	0.84	0.23	0.92	0.92	-0.16	0.02	0.87	0.59	0.93	0.45	0.53	0.89	-0.29	0.97	0.55	0.89		0.87	0.9	-0.17	0.93	0.39	-0.74	0.92
Property Plant And Equipment Gross	0.94	0.09	0.93	0.03	0.94	0.99	-0.27	-0.08	0.61	0.39	0.94	0.74	0.34	0.9	-0.29	0.88	0.45	0.92	0.87		0.86	-0.38	0.92	0.23	-0.82	0.97
Total Current Assets	0.85	0.44	0.78	-0.05	0.84	0.9	-0.19	0.23	0.69	0.71	0.84	0.45	0.66	0.94	-0.22	0.94	0.47	0.79	0.9	0.86		-0.28	0.83	0.39	-0.63	0.85
Short Term Debt	-0.4	0.38	-0.23	0.58	-0.41	-0.38	0.72	0.48	-0.16	-0.15	-0.4	-0.59	-0.22	-0.22	0.14	-0.32	-0.45	-0.46	-0.17	-0.38	-0.28		-0.4	0.26	0.52	-0.35
Intangible Assets	1.0	0.0	0.89	0.09	1.0	0.94	-0.34	-0.24	0.83	0.4	1.0	0.68	0.35	0.86	-0.37	0.93	0.62	0.99	0.93	0.92	0.83	-0.4		0.18	-0.91	0.98
Common Stock Total Equity	0.2	0.38	0.25	0.62	0.18	0.24	-0.1	0.15	0.24	0.5	0.19	-0.31	0.52	0.28	0.64	0.26	0.18	0.16	0.39	0.23	0.39	0.26	0.18		0.21	0.22
Common Stock	-0.9	0.21	-0.79	0.16	-0.91	-0.83	0.31	0.31	-0.68	-0.16	-0.91	-0.86	-0.1	-0.73	0.63	-0.79	-0.54	-0.92	-0.74	-0.82	-0.63	0.52	-0.91	0.21		-0.88
Other Liab	0.99	0.02	0.95	0.1	0.99	0.98	-0.28	-0.15	0.73	0.35	0.99	0.72	0.3	0.9	-0.32	0.91	0.52	0.98	0.92	0.97	0.85	-0.35	0.98	0.22	-0.88

Click cells to compare fundamentals

Aspen Technology Account Relationship Matchups

Aspen Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.5B	15.0B	14.5B	14.1B	14.8B
Short Long Term Debt Total	467.4M	329.6M	352.8M	68.4M	98M	130.4M
Other Current Liab	45.4M	54.0M	101.0M	167.8M	180.9M	189.9M
Total Current Liabilities	219.8M	141.5M	300.9M	352.4M	337.4M	231.6M
Total Stockholder Equity	493.7M	800.8M	13.2B	13.1B	12.8B	13.5B
Property Plant And Equipment Net	40.9M	38.1M	95.4M	86.3M	113.4M	119.1M
Net Debt	179.6M	(50.2M)	(97.0M)	(172.8M)	(139.0M)	(132.0M)
Retained Earnings	1.5B	1.8B	66.4M	(41.4M)	(51.2M)	(48.6M)
Accounts Payable	4.0M	4.4M	21.4M	20.3M	8.1M	7.3M
Cash	287.8M	379.9M	449.7M	241.2M	237.0M	149.4M
Non Current Assets Total	582.3M	685.7M	13.9B	13.7B	13.2B	13.9B
Non Currrent Assets Other	1.8M	3.5M	14.2M	13.5M	35.7M	27.5M
Cash And Short Term Investments	287.8M	379.9M	449.7M	241.2M	237.0M	162.8M
Net Receivables	344.9M	361.1M	556.8M	552.7M	603.2M	633.4M
Common Stock Shares Outstanding	68.7M	68.5M	39.8M	64.6M	63.7M	66.7M
Liabilities And Stockholders Equity	1.2B	1.5B	15.0B	14.5B	14.1B	14.8B
Non Current Liabilities Total	519.0M	511.7M	1.5B	1.1B	921.5M	967.5M
Other Current Assets	15.3M	12.7M	53.3M	27.7M	35.9M	22.4M
Other Stockholder Equity	(997.1M)	(996.9M)	13.1B	13.1B	12.9B	13.5B
Total Liab	738.8M	653.2M	1.8B	1.4B	1.3B	1.3B
Property Plant And Equipment Gross	40.9M	38.1M	95.4M	86.3M	136.7M	143.5M
Total Current Assets	650.2M	768.3M	1.0B	833.1M	876.1M	919.9M
Accumulated Other Comprehensive Income	(5.3M)	9.0M	(4.6M)	2.4M	(7.3M)	(6.9M)
Short Term Debt	142.0M	26.8M	35.2M	12.9M	13.1M	12.5M
Intangible Assets	43.8M	45.8M	5.1B	4.7B	4.2B	4.4B
Common Stock Total Equity	10.3M	10.4M	10.4M	10.5M	12.0M	8.5M
Common Stock	10.4M	10.4M	10.5M	6K	7K	6.7K
Other Liab	189.0M	197.0M	208.9M	1.2B	1.4B	1.4B
Other Assets	353.5M	351.2M	441.9M	447.4M	514.5M	540.2M
Treasury Stock	(1.3B)	(1.6B)	(1.8B)	(1.8B)	(1.6B)	(1.6B)
Property Plant Equipment	7.2M	6.0M	38.1M	95.4M	109.7M	115.2M
Current Deferred Revenue	28.5M	56.4M	143.3M	151.5M	135.3M	128.0M
Inventory	2.3M	14.6M	(12.4M)	11.4M	10.3M	10.8M
Good Will	137.1M	159.9M	8.3B	8.3B	8.3B	8.7B
Net Tangible Assets	280.0M	318.6M	595.1M	(210.2M)	(241.8M)	(229.7M)
Retained Earnings Total Equity	305.2M	1.3B	1.5B	1.8B	2.0B	2.1B
Capital Surpluse	715.5M	739.1M	769.4M	819.6M	942.6M	742.2M
Deferred Long Term Liab	178.6M	193.9M	29.1M	5.5M	6.3M	6.0M

Pair Trading with Aspen Technology

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

Moving together with Aspen Stock

0.83	U	Unity Software	Pair Corr
0.69	DJCO	Daily Journal Corp	Pair Corr
0.65	BL	Blackline	Pair Corr
0.88	DT	Dynatrace Holdings LLC Potential Growth	Pair Corr

Moving against Aspen Stock

0.8	DMAN	Innovativ Media Group	Pair Corr
0.7	VERB	VERB TECHNOLOGY PANY Earnings Call This Week	Pair Corr
0.5	DV	DoubleVerify Holdings	Pair Corr

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

The correlation of Aspen Technology 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 Aspen Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Technology 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 Aspen Technology 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 Aspen Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Technology's 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 Aspen Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Technology Stock:

How To Invest In Aspen

Details

Is Aspen Stock a good investment?

Details

What is Aspen Technology's Net Worth?

Details

Largest Application Software Companies

View

Largest Software - Application Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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 Aspen Technology. If investors know Aspen 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 Aspen Technology 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

0.682

Earnings Share

(0.56)

Revenue Per Share

17.245

Quarterly Revenue Growth

(0.13)

Return On Assets

(0.01)

The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen Technology'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 Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen Technology'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 Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Technology'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Aspen Free Cash Flow Per Share vs Cash Ratio Analysis

Free Cash Flow Per Share vs Cash Ratio

Free Cash Flow Per Share vs Cash Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Cash Ratio

Aspen Technology fundamental ratios Correlations

Aspen Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aspen Technology fundamental ratios Accounts

Pair Trading with Aspen Technology

Moving together with Aspen Stock

Moving against Aspen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Intangible Assets	+ 1.0	Total Stockholder Equity
Intangible Assets	+ 1.0	Non Current Assets Total

Common Stock	- 0.92	Other Stockholder Equity
Common Stock	- 0.91	Intangible Assets
Common Stock	- 0.91	Non Current Assets Total
Common Stock	- 0.91	Total Stockholder Equity
Common Stock	- 0.9	Total Assets
Other Liab	- 0.88	Common Stock