Intercontinental Cost Of Revenue vs Income Before Tax Analysis

ICE Stock  USD 131.70  0.12  0.09%   
Intercontinental financial indicator trend analysis is infinitely more than just investigating Intercontinental Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intercontinental Exchange is a good investment. Please check the relationship between Intercontinental Cost Of Revenue and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Cost Of Revenue vs Income Before Tax

Cost Of Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intercontinental Exchange Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Intercontinental's Cost Of Revenue and Income Before Tax is 0.79. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Intercontinental Exchange, assuming nothing else is changed. The correlation between historical values of Intercontinental's Cost Of Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Intercontinental Exchange are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Intercontinental's Cost Of Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Intercontinental Exchange income statement and represents the costs associated with goods and services Intercontinental provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Intercontinental income statement and is an important metric when analyzing Intercontinental Exchange 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.
Most indicators from Intercontinental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intercontinental Exchange 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Intercontinental's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit5.0B5.2B5.7B5.9B
Total Revenue9.2B9.6B9.9B10.4B

Intercontinental fundamental ratios Correlations

0.920.890.880.840.310.860.890.30.620.870.861.00.920.910.480.890.850.86-0.430.910.880.790.840.770.84
0.920.690.70.590.390.630.840.20.620.640.730.941.00.960.470.690.610.69-0.350.720.650.60.610.660.59
0.890.690.990.910.110.980.810.240.720.910.780.850.680.740.670.890.90.94-0.520.910.970.880.880.70.95
0.880.70.990.910.090.970.830.20.710.90.750.850.690.750.650.870.90.93-0.560.920.960.890.870.670.94
0.840.590.910.910.110.960.720.260.440.990.80.810.590.640.370.941.00.87-0.480.950.970.870.990.690.99
0.310.390.110.090.110.060.060.730.140.190.090.340.420.22-0.060.210.16-0.010.390.220.170.110.2-0.070.08
0.860.630.980.970.960.060.770.220.610.960.810.820.620.670.570.920.960.93-0.50.930.980.890.940.720.99
0.890.840.810.830.720.060.770.020.580.720.860.890.830.860.420.760.710.79-0.480.840.760.790.670.850.75
0.30.20.240.20.260.730.220.020.190.320.180.30.230.12-0.010.340.30.010.190.280.320.150.30.020.25
0.620.620.720.710.440.140.610.580.190.450.340.590.60.660.850.420.440.69-0.480.510.570.580.410.340.54
0.870.640.910.90.990.190.960.720.320.450.820.840.640.670.380.961.00.86-0.420.950.970.870.990.690.98
0.860.730.780.750.80.090.810.860.180.340.820.850.720.710.270.890.80.73-0.30.860.810.670.790.960.82
1.00.940.850.850.810.340.820.890.30.590.840.850.940.920.440.870.820.82-0.410.890.840.760.820.770.8
0.921.00.680.690.590.420.620.830.230.60.640.720.940.960.450.690.60.67-0.340.710.650.60.610.650.59
0.910.960.740.750.640.220.670.860.120.660.670.710.920.960.50.710.640.77-0.60.750.690.650.640.670.64
0.480.470.670.650.37-0.060.570.42-0.010.850.380.270.440.450.50.330.360.63-0.390.330.50.460.340.250.48
0.890.690.890.870.940.210.920.760.340.420.960.890.870.690.710.330.950.83-0.430.960.960.780.950.790.94
0.850.610.90.91.00.160.960.710.30.441.00.80.820.60.640.360.950.86-0.450.950.970.870.990.680.98
0.860.690.940.930.87-0.010.930.790.010.690.860.730.820.670.770.630.830.86-0.620.860.890.820.860.710.91
-0.43-0.35-0.52-0.56-0.480.39-0.5-0.480.19-0.48-0.42-0.3-0.41-0.34-0.6-0.39-0.43-0.45-0.62-0.49-0.49-0.46-0.41-0.35-0.48
0.910.720.910.920.950.220.930.840.280.510.950.860.890.710.750.330.960.950.86-0.490.960.880.930.760.95
0.880.650.970.960.970.170.980.760.320.570.970.810.840.650.690.50.960.970.89-0.490.960.890.960.690.99
0.790.60.880.890.870.110.890.790.150.580.870.670.760.60.650.460.780.870.82-0.460.880.890.840.570.88
0.840.610.880.870.990.20.940.670.30.410.990.790.820.610.640.340.950.990.86-0.410.930.960.840.660.97
0.770.660.70.670.69-0.070.720.850.020.340.690.960.770.650.670.250.790.680.71-0.350.760.690.570.660.72
0.840.590.950.940.990.080.990.750.250.540.980.820.80.590.640.480.940.980.91-0.480.950.990.880.970.72
Click cells to compare fundamentals

Intercontinental Account Relationship Matchups

Intercontinental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets94.5B126.2B193.5B194.3B136.1B142.9B
Total Current Liabilities68.8B88.0B153.4B149.2B84.6B45.5B
Total Stockholder Equity17.3B19.5B22.7B22.7B25.7B27.0B
Property Plant And Equipment Net1.5B1.7B1.7B1.8B1.9B2.0B
Net Debt7.3B16.3B13.6B16.6B22.0B23.1B
Cash841M583M607M1.8B899M598.0M
Non Current Assets Total26.5B39.0B39.2B37.4B51.1B53.7B
Non Currrent Assets Other1.4B1.6B2.6B1.4B1.3B1.4B
Cash And Short Term Investments841M583M607M1.8B1.1B1.5B
Common Stock Shares Outstanding594M579M565M555M561M457.4M
Liabilities And Stockholders Equity94.5B126.2B193.5B194.3B136.1B142.9B
Non Current Liabilities Total8.3B18.6B17.3B22.4B25.7B27.0B
Other Current Assets220M323M1.0B458M703M667.9M
Total Liab77.1B106.6B170.8B171.6B110.3B115.8B
Total Current Assets68.0B87.2B154.3B156.9B85.0B45.9B
Other Current Liab65.6B84.8B151.0B148.1B81.5B42.0B
Other Stockholder Equity7.9B8.6B8.5B8.1B9.6B5.6B
Property Plant And Equipment Gross1.5B1.7B3.6B3.9B4.3B4.5B
Short Long Term Debt Total8.1B16.9B14.2B18.4B22.9B24.1B
Other Liab2.8B4.1B4.7B4.0B4.6B4.9B
Current Deferred Revenue129M158M194M170M200M190M
Retained Earnings9.6B11.0B14.4B14.9B16.4B17.2B
Accounts Payable505M639M703M866M1.0B1.1B
Other Assets747M1.6B1.0B1.2B1.4B1.5B
Long Term Debt5.3B14.1B12.4B18.1B20.7B21.7B
Net Receivables988M1.2B5.7B1.2B3.0B3.1B
Good Will13.3B21.3B21.1B21.1B30.6B32.1B
Inventory65.9B85.1B147.0B153.5B80.2B51.6B
Accumulated Other Comprehensive Income(243M)(192M)(196M)(331M)(294M)(279.3M)
Treasury Stock(3.9B)(5.2B)(5.5B)(6.2B)(5.6B)(5.3B)
Short Term Debt2.6B2.4B1.5B4M2.0B2.0B
Intangible Assets10.3B14.4B13.7B13.1B17.3B18.2B
Property Plant Equipment1.2B1.4B1.7B1.8B2.0B2.1B
Net Tangible Assets17.3B19.6B22.7B22.7B26.1B19.0B
Noncontrolling Interest In Consolidated Entity31M36M39M55M63.3M38.7M

Intercontinental Investors Sentiment

The influence of Intercontinental's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Intercontinental. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Intercontinental's public news can be used to forecast risks associated with an investment in Intercontinental. The trend in average sentiment can be used to explain how an investor holding Intercontinental can time the market purely based on public headlines and social activities around Intercontinental Exchange. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Intercontinental's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Intercontinental's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Intercontinental's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Intercontinental.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Intercontinental in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Intercontinental's short interest history, or implied volatility extrapolated from Intercontinental options trading.

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When determining whether Intercontinental Exchange is a strong investment it is important to analyze Intercontinental'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 Intercontinental's future performance. For an informed investment choice regarding Intercontinental Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Intercontinental Exchange information on this page should be used as a complementary analysis to other Intercontinental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Intercontinental's price analysis, check to measure Intercontinental'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 Intercontinental is operating at the current time. Most of Intercontinental's value examination focuses on studying past and present price action to predict the probability of Intercontinental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intercontinental's price. Additionally, you may evaluate how the addition of Intercontinental to your portfolios can decrease your overall portfolio volatility.
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Is Intercontinental'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 Intercontinental. If investors know Intercontinental 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 Intercontinental 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
(0.15)
Dividend Share
1.68
Earnings Share
4.19
Revenue Per Share
14.163
Quarterly Revenue Growth
0.245
The market value of Intercontinental Exchange is measured differently than its book value, which is the value of Intercontinental that is recorded on the company's balance sheet. Investors also form their own opinion of Intercontinental's value that differs from its market value or its book value, called intrinsic value, which is Intercontinental'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 Intercontinental's market value can be influenced by many factors that don't directly affect Intercontinental'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 Intercontinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intercontinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intercontinental'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.