Nasdaq Income Tax Expense vs Cost of Revenue Analysis

NDAQ Stock  USD 60.07  0.06  0.10%   
Nasdaq financial indicator trend analysis is infinitely more than just investigating Nasdaq Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nasdaq Inc is a good investment. Please check the relationship between Nasdaq Income Tax Expense and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nasdaq Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nasdaq Inc Income Tax Expense account and Cost of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nasdaq's Income Tax Expense and Cost of Revenue is 0.51. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Nasdaq Inc, assuming nothing else is changed. The correlation between historical values of Nasdaq's Income Tax Expense and Cost of Revenue 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 Tax Expense of Nasdaq Inc are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Income Tax Expense i.e., Nasdaq's Income Tax Expense and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Nasdaq Inc income statement and represents the costs associated with goods and services Nasdaq 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.
Most indicators from Nasdaq's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nasdaq Inc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nasdaq Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Nasdaq's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 04/19/2024, Enterprise Value Multiple is likely to grow to 28.95, while Sales General And Administrative To Revenue is likely to drop 0.02.
 2021 2022 2023 2024 (projected)
Gross Profit2.5B2.6B4.9B5.1B
Total Revenue5.9B6.2B6.1B3.2B

Nasdaq fundamental ratios Correlations

0.950.960.180.230.440.90.980.890.90.050.780.930.640.980.92-0.20.970.96-0.230.970.93-0.480.660.990.32
0.950.90.180.230.570.770.910.730.740.140.640.850.690.970.86-0.170.930.9-0.320.940.81-0.530.820.90.17
0.960.90.030.060.240.810.980.840.85-0.070.810.90.610.970.87-0.350.970.97-0.20.970.93-0.610.610.970.3
0.180.180.030.990.210.350.220.10.11-0.030.310.250.050.090.160.010.240.2-0.220.220.120.00.00.180.13
0.230.230.060.990.290.40.250.150.160.00.320.290.060.130.210.040.270.22-0.170.250.150.010.060.220.16
0.440.570.240.210.290.440.270.370.380.410.050.380.410.40.560.320.270.26-0.20.30.270.140.530.350.21
0.90.770.810.350.40.440.860.960.970.050.780.890.490.80.89-0.040.820.84-0.130.810.91-0.190.390.930.51
0.980.910.980.220.250.270.860.840.85-0.080.860.930.60.970.88-0.340.990.99-0.230.990.93-0.60.60.980.32
0.890.730.840.10.150.370.960.841.00.040.750.860.490.80.88-0.040.790.83-0.060.780.92-0.170.370.930.5
0.90.740.850.110.160.380.970.851.00.020.770.880.490.80.9-0.090.80.83-0.080.790.94-0.210.360.930.56
0.050.14-0.07-0.030.00.410.05-0.080.040.02-0.24-0.09-0.010.050.050.76-0.04-0.04-0.03-0.01-0.110.340.340.01-0.19
0.780.640.810.310.320.050.780.860.750.77-0.240.910.340.740.76-0.450.810.87-0.210.790.86-0.540.150.820.47
0.930.850.90.250.290.380.890.930.860.88-0.090.910.520.890.94-0.370.890.93-0.270.880.95-0.540.410.930.54
0.640.690.610.050.060.410.490.60.490.49-0.010.340.520.670.54-0.140.620.61-0.480.630.55-0.420.610.60.09
0.980.970.970.090.130.40.80.970.80.80.050.740.890.670.88-0.260.970.96-0.270.980.88-0.590.750.950.21
0.920.860.870.160.210.560.890.880.880.90.050.760.940.540.88-0.210.850.88-0.270.850.92-0.410.50.920.52
-0.2-0.17-0.350.010.040.32-0.04-0.34-0.04-0.090.76-0.45-0.37-0.14-0.26-0.21-0.3-0.330.17-0.28-0.370.820.07-0.2-0.32
0.970.930.970.240.270.270.820.990.790.8-0.040.810.890.620.970.85-0.30.98-0.261.00.89-0.610.670.960.21
0.960.90.970.20.220.260.840.990.830.83-0.040.870.930.610.960.88-0.330.98-0.330.980.93-0.610.570.960.27
-0.23-0.32-0.2-0.22-0.17-0.2-0.13-0.23-0.06-0.08-0.03-0.21-0.27-0.48-0.27-0.270.17-0.26-0.33-0.26-0.230.42-0.16-0.19-0.01
0.970.940.970.220.250.30.810.990.780.79-0.010.790.880.630.980.85-0.281.00.98-0.260.88-0.60.70.950.18
0.930.810.930.120.150.270.910.930.920.94-0.110.860.950.550.880.92-0.370.890.93-0.230.88-0.530.410.960.55
-0.48-0.53-0.610.00.010.14-0.19-0.6-0.17-0.210.34-0.54-0.54-0.42-0.59-0.410.82-0.61-0.610.42-0.6-0.53-0.37-0.45-0.14
0.660.820.610.00.060.530.390.60.370.360.340.150.410.610.750.50.070.670.57-0.160.70.41-0.370.58-0.25
0.990.90.970.180.220.350.930.980.930.930.010.820.930.60.950.92-0.20.960.96-0.190.950.96-0.450.580.37
0.320.170.30.130.160.210.510.320.50.56-0.190.470.540.090.210.52-0.320.210.27-0.010.180.55-0.14-0.250.37
Click cells to compare fundamentals

Nasdaq Account Relationship Matchups

Nasdaq fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B18.0B20.1B20.9B32.3B33.9B
Total Stockholder Equity5.6B6.4B6.4B6.2B10.8B11.4B
Net Debt3.4B3.2B5.8B5.3B10.4B10.9B
Cash332M2.7B393M502M473M515.9M
Cash And Short Term Investments813M623M2.9B683M661M783.6M
Common Stock Shares Outstanding500.9M500.7M505.1M497.9M508.4M494.9M
Liabilities And Stockholders Equity13.9B18.0B20.1B20.9B32.3B33.9B
Total Current Assets4.3B7.7B7.4B8.6B9.1B9.6B
Short Long Term Debt Total3.7B5.9B6.2B5.9B10.9B11.4B
Other Current Liab3.5B4.1B6.3B7.6B7.8B8.2B
Total Current Liabilities4.2B4.9B7.9B8.8B9.0B9.5B
Other Liab731M689M640M682M784.3M1.3B
Property Plant And Equipment Net730M856M875M976M978M1.0B
Retained Earnings5.0B5.6B6.5B7.2B7.8B8.2B
Accounts Payable177M198M148M185M332M178.3M
Non Current Assets Total9.6B10.3B12.7B12.3B23.2B24.4B
Non Currrent Assets Other289M358M571M608M665M698.3M
Other Assets84M739M571M132M7M6.7M
Long Term Debt3.0B5.5B4.8B4.7B10.2B10.7B
Net Receivables422M566M588M677M929M975.5M
Short Term Investments291M195M208M181M188M228.9M
Non Current Liabilities Total4.1B6.6B5.8B5.9B12.4B13.1B
Inventory3.0B4.0B5.9B7.0B8.1B8.5B
Other Current Assets219M175M294M201M(1.6B)(1.5B)
Other Stockholder Equity2.3B2.2B1.5B930M4.9B5.2B
Total Liab8.3B11.5B13.7B14.7B21.5B22.5B
Accumulated Other Comprehensive Income(1.7B)(1.4B)(1.6B)(2.0B)(1.9B)(1.8B)
Short Term Debt391M451M1.0B664M291M277.6M
Intangible Assets2.2B2.3B2.8B2.6B7.4B7.8B
Property Plant Equipment384M475M875M532M611.8M331.8M
Current Deferred Revenue211M235M329M357M594M623.7M
Property Plant And Equipment Gross730M856M875M976M1.6B1.7B
Treasury Stock(297M)(336M)(376M)(437M)(502.6M)(527.7M)
Good Will6.4B6.9B8.4B8.1B14.1B14.8B
Net Tangible Assets(3.0B)(2.7B)(4.9B)(4.5B)(4.1B)(4.3B)
Retained Earnings Total Equity5.0B5.6B6.5B7.2B8.3B4.5B

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When determining whether Nasdaq Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nasdaq Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nasdaq Inc Stock. Highlighted below are key reports to facilitate an investment decision about Nasdaq Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nasdaq Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Nasdaq Inc information on this page should be used as a complementary analysis to other Nasdaq'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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Is Nasdaq'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 Nasdaq. If investors know Nasdaq 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 Nasdaq 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
(0.27)
Dividend Share
0.86
Earnings Share
2.08
Revenue Per Share
12.01
Quarterly Revenue Growth
0.041
The market value of Nasdaq Inc is measured differently than its book value, which is the value of Nasdaq that is recorded on the company's balance sheet. Investors also form their own opinion of Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nasdaq'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.