Sangoma Income Before Tax vs Interest Income Analysis
SANG Stock | USD 6.49 0.26 4.17% |
Sangoma Technologies financial indicator trend analysis is much more than just breaking down Sangoma Technologies Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sangoma Technologies Corp is a good investment. Please check the relationship between Sangoma Technologies Income Before Tax and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Income Before Tax vs Interest Income
Income Before Tax vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sangoma Technologies Corp Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sangoma Technologies' Income Before Tax and Interest Income is -0.11. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income in the same time period over historical financial statements of Sangoma Technologies Corp, assuming nothing else is changed. The correlation between historical values of Sangoma Technologies' Income Before Tax and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Sangoma Technologies Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., Sangoma Technologies' Income Before Tax and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Sangoma Technologies income statement and is an important metric when analyzing Sangoma Technologies Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from Sangoma Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sangoma Technologies Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Sangoma Technologies' Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The Sangoma Technologies' current Enterprise Value Multiple is estimated to increase to 1,253, while Tax Provision is forecasted to increase to (798 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 156.9M | 172.8M | 172.8M | 181.5M | Total Revenue | 224.4M | 252.5M | 247.3M | 259.6M |
Sangoma Technologies fundamental ratios Correlations
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Sangoma Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sangoma Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 128.7M | 540.1M | 498.5M | 442.7M | 400.6M | 420.7M | |
Short Long Term Debt Total | 49.1M | 89.2M | 122.6M | 115.2M | 89.1M | 93.6M | |
Other Current Liab | 3.6M | 4.4M | 17.0M | 7.8M | 6.5M | 6.8M | |
Total Current Liabilities | 36.4M | 55.1M | 78.4M | 63.2M | 60.1M | 63.1M | |
Total Stockholder Equity | 54.8M | 376.0M | 293.8M | 266.1M | 259.7M | 272.7M | |
Net Debt | 29.2M | 67.1M | 109.9M | 104M | 72.9M | 76.5M | |
Retained Earnings | 6.2M | 7.4M | (104.3M) | (133.3M) | (141.9M) | (134.8M) | |
Accounts Payable | 10.4M | 22.4M | 28.6M | 24.1M | 21.5M | 22.5M | |
Non Current Assets Total | 88.7M | 486.8M | 437.5M | 381.1M | 343.5M | 360.7M | |
Net Receivables | 9.0M | 16.1M | 25.2M | 26.9M | 21.5M | 22.6M | |
Common Stock Shares Outstanding | 10.4M | 29.2M | 31.5M | 33.1M | 33.2M | 34.8M | |
Liabilities And Stockholders Equity | 128.7M | 540.1M | 498.5M | 442.7M | 400.6M | 420.7M | |
Inventory | 9.3M | 11.8M | 17.4M | 18.0M | 14.8M | 15.5M | |
Other Stockholder Equity | 1.8M | 200.4M | 194.2M | 18.1M | 20.1M | 23.7M | |
Total Liab | 73.9M | 164.1M | 204.7M | 176.6M | 140.9M | 148.0M | |
Total Current Assets | 40.0M | 53.3M | 61.0M | 61.6M | 57.1M | 60.0M | |
Short Term Debt | 14.5M | 17.0M | 21.3M | 20.4M | 22.6M | 23.7M | |
Intangible Assets | 38.6M | 195.4M | 194.2M | 164.0M | 131.9M | 138.5M | |
Other Assets | 8.2M | 5.5M | 8.9M | 13.9M | 16.0M | 16.8M | |
Non Current Liabilities Total | 37.5M | 109.0M | 126.3M | 113.4M | 80.8M | 84.9M | |
Property Plant And Equipment Net | 14.0M | 21.2M | 27.2M | 22.3M | 18.6M | 19.5M | |
Cash | 20.0M | 22.1M | 12.7M | 11.2M | 16.2M | 17.0M | |
Cash And Short Term Investments | 20.0M | 22.1M | 12.7M | 11.2M | 16.2M | 17.0M | |
Other Current Assets | 1.7M | 3.3M | 4.4M | 4.4M | 3.9M | 4.1M | |
Accumulated Other Comprehensive Income | (506.6K) | (14.4M) | 839K | 1.3M | 626K | 657.3K | |
Good Will | 32.2M | 267.3M | 210.0M | 187.5M | 215.6M | 226.4M | |
Current Deferred Revenue | 7.9M | 11.4M | 11.6M | 10.9M | 9.6M | 10.1M | |
Common Stock | 47.3M | 182.5M | 203.0M | 379.9M | 381.0M | 400.0M | |
Other Liab | 4.0M | 45.6M | 25.0M | 18.7M | 21.5M | 17.9M | |
Net Tangible Assets | (19.7M) | (105.8M) | (107.6M) | (78.8M) | (71.0M) | (74.5M) | |
Long Term Debt | 24.6M | 60.4M | 86.9M | 83.1M | 58.0M | 51.8M | |
Deferred Long Term Liab | 2.5M | 1.9M | 2.9M | 6.6M | 7.6M | 7.9M | |
Net Invested Capital | 91.7M | 450.9M | 398.4M | 366.9M | 337.6M | 271.1M | |
Short Long Term Debt | 3.0M | 12.4M | 14.5M | 17.7M | 19.9M | 13.5M | |
Net Working Capital | 3.6M | (1.8M) | (17.4M) | (1.6M) | (3.0M) | (2.8M) | |
Property Plant Equipment | 18.9M | 26.1M | 27.2M | 22.3M | 25.6M | 17.9M | |
Capital Stock | 47.3M | 182.5M | 203.0M | 379.9M | 381.0M | 223.7M |
Currently Active Assets on Macroaxis
When determining whether Sangoma Technologies Corp is a strong investment it is important to analyze Sangoma Technologies' 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 Sangoma Technologies' future performance. For an informed investment choice regarding Sangoma Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangoma Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 Sangoma Technologies. If investors know Sangoma 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 Sangoma Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 7.437 | Quarterly Revenue Growth (0.04) | Return On Assets (0) | Return On Equity (0.03) |
The market value of Sangoma Technologies Corp is measured differently than its book value, which is the value of Sangoma that is recorded on the company's balance sheet. Investors also form their own opinion of Sangoma Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sangoma Technologies' 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 Sangoma Technologies' market value can be influenced by many factors that don't directly affect Sangoma Technologies' 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 Sangoma Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sangoma Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sangoma Technologies' 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.