OneSpan Income Tax Expense vs Selling General Administrative Analysis

OSPN Stock  USD 10.79  0.16  1.46%   
OneSpan financial indicator trend analysis is much more than just breaking down OneSpan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneSpan is a good investment. Please check the relationship between OneSpan Income Tax Expense and its Selling General Administrative accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.

Income Tax Expense vs Selling General Administrative

Income Tax Expense vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneSpan Income Tax Expense account and Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between OneSpan's Income Tax Expense and Selling General Administrative is 0.06. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of OneSpan, assuming nothing else is changed. The correlation between historical values of OneSpan's Income Tax Expense and Selling General Administrative 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 OneSpan are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Tax Expense i.e., OneSpan's Income Tax Expense and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

Selling General Administrative

Most indicators from OneSpan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneSpan 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.As of the 27th of April 2024, Enterprise Value is likely to grow to about 918.8 M, while Selling General Administrative is likely to drop about 33.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit142.9M148.6M155.4M92.9M
Total Revenue214.5M219.0M235.1M139.5M

OneSpan fundamental ratios Correlations

0.060.950.580.950.41-0.330.960.290.350.820.610.660.70.750.730.770.620.230.310.170.680.260.9-0.230.76
0.06-0.07-0.740.21-0.61-0.270.24-0.860.17-0.32-0.450.31-0.52-0.44-0.23-0.180.080.2-0.84-0.11-0.57-0.740.150.28-0.13
0.95-0.070.640.880.42-0.290.880.410.290.830.550.530.760.770.770.780.560.210.40.010.70.310.82-0.320.75
0.58-0.740.640.390.840.130.390.84-0.040.830.80.070.90.870.620.560.41-0.120.930.160.940.850.38-0.430.51
0.950.210.880.390.18-0.490.990.160.480.680.50.830.520.580.730.810.440.420.10.180.460.040.95-0.030.83
0.41-0.610.420.840.180.230.180.66-0.080.730.64-0.190.840.790.40.340.58-0.240.820.270.880.960.16-0.490.28
-0.33-0.27-0.290.13-0.490.23-0.39-0.05-0.980.130.16-0.680.00.16-0.51-0.610.15-0.80.39-0.220.170.31-0.65-0.34-0.65
0.960.240.880.390.990.18-0.390.120.380.710.510.780.50.60.650.720.50.340.110.140.480.030.91-0.090.74
0.29-0.860.410.840.160.66-0.050.120.130.470.550.010.660.550.590.520.00.140.820.280.670.750.24-0.180.45
0.350.170.29-0.040.48-0.08-0.980.380.13-0.05-0.090.640.1-0.070.520.62-0.070.77-0.290.27-0.06-0.180.640.270.67
0.82-0.320.830.830.680.730.130.710.47-0.050.750.250.880.980.550.560.71-0.130.690.030.910.640.55-0.540.53
0.61-0.450.550.80.50.640.160.510.55-0.090.750.210.680.730.550.520.270.010.70.230.730.610.44-0.010.5
0.660.310.530.070.83-0.19-0.680.780.010.640.250.210.120.130.550.690.110.55-0.210.350.09-0.30.890.270.75
0.7-0.520.760.90.520.840.00.50.660.10.880.680.120.890.630.620.64-0.110.77-0.010.950.790.49-0.490.57
0.75-0.440.770.870.580.790.160.60.55-0.070.980.730.130.890.530.520.67-0.180.770.030.940.720.45-0.620.48
0.73-0.230.770.620.730.4-0.510.650.590.520.550.550.550.630.530.960.120.530.440.310.530.390.780.040.92
0.77-0.180.780.560.810.34-0.610.720.520.620.560.520.690.620.520.960.160.540.330.320.50.30.860.080.99
0.620.080.560.410.440.580.150.50.0-0.070.710.270.110.640.670.120.16-0.360.28-0.030.690.390.36-0.680.14
0.230.20.21-0.120.42-0.24-0.80.340.140.77-0.130.010.55-0.11-0.180.530.54-0.36-0.260.27-0.24-0.230.510.540.57
0.31-0.840.40.930.10.820.390.110.82-0.290.690.7-0.210.770.770.440.330.28-0.260.110.850.910.07-0.470.26
0.17-0.110.010.160.180.27-0.220.140.280.270.030.230.35-0.010.030.310.32-0.030.270.110.110.210.30.230.32
0.68-0.570.70.940.460.880.170.480.67-0.060.910.730.090.950.940.530.50.69-0.240.850.110.820.43-0.590.45
0.26-0.740.310.850.040.960.310.030.75-0.180.640.61-0.30.790.720.390.30.39-0.230.910.210.820.02-0.460.22
0.90.150.820.380.950.16-0.650.910.240.640.550.440.890.490.450.780.860.360.510.070.30.430.020.070.88
-0.230.28-0.32-0.43-0.03-0.49-0.34-0.09-0.180.27-0.54-0.010.27-0.49-0.620.040.08-0.680.54-0.470.23-0.59-0.460.070.11
0.76-0.130.750.510.830.28-0.650.740.450.670.530.50.750.570.480.920.990.140.570.260.320.450.220.880.11
Click cells to compare fundamentals

OneSpan Account Relationship Matchups

OneSpan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets384.6M375.2M342.3M335.1M289.2M187.7M
Other Current Liab30.3M23.3M23.8M26.6M26.0M15.4M
Total Current Liabilities74.1M75.3M89.1M110.8M114.8M120.6M
Total Stockholder Equity264.0M257.3M219.8M203.3M159.1M133.0M
Property Plant And Equipment Net22.0M23.2M20.0M20.7M24.9M26.1M
Net Debt(73.0M)(76.0M)(53.2M)(88.1M)(34.7M)(36.4M)
Retained Earnings181.2M173.7M143.2M128.7M98.9M64.2M
Accounts Payable10.8M5.7M8.2M17.4M17.5M18.3M
Cash84.3M88.4M63.4M96.5M43.5M57.2M
Non Current Assets Total173.0M168.0M155.2M137.5M142.8M150.0M
Non Currrent Assets Other8.7M11.2M13.8M11.1M11.7M12.3M
Cash And Short Term Investments109.8M115.3M98.5M98.8M43.5M70.9M
Net Receivables69.5M64.7M61.3M69.7M69.5M73.0M
Good Will94.6M97.6M96.2M90.5M93.7M98.4M
Common Stock Shares Outstanding40.1M40.0M39.6M40.1M40.2M39.2M
Liabilities And Stockholders Equity384.6M375.2M342.3M335.1M289.2M187.7M
Non Current Liabilities Total46.4M42.6M33.4M21.0M15.2M11.7M
Inventory19.8M13.1M10.3M12.1M15.6M11.6M
Other Current Assets6.3M6.3M9.4M10.8M17.7M18.6M
Other Stockholder Equity96.1M93.8M87.7M89.1M71.2M72.0M
Total Liab120.5M117.9M122.5M131.8M130.1M136.6M
Property Plant And Equipment Gross22.0M23.2M20.0M20.7M38.4M40.3M
Total Current Assets211.6M207.2M187.1M197.5M146.3M122.8M
Accumulated Other Comprehensive Income(13.3M)(10.2M)(11.2M)(14.6M)(11.1M)(10.5M)
Short Term Debt2.6M2.9M2.5M2.3M2.0M1.9M
Current Deferred Revenue30.3M43.4M54.6M64.6M69.3M72.8M
Intangible Assets36.2M27.2M21.3M12.5M10.8M15.5M
Other Assets20.1M31.4M17.8M13.8M1.00.95
Property Plant Equipment11.5M11.8M20.0M20.7M23.8M25.0M
Other Liab35.1M30.2M23.2M12.5M14.4M10.7M
Short Term Investments79.7M22.8M25.5M26.9M35.1M2.3M
Net Tangible Assets133.2M132.6M102.3M100.3M90.3M104.6M
Retained Earnings Total Equity172.4M181.2M173.7M143.2M164.6M153.8M
Capital Surpluse96.1M98.8M100.3M107.3M123.4M97.9M
Deferred Long Term Liab2.7M4.6M1.9M1.3M1.5M1.4M
Non Current Liabilities Other41.8M40.6M32.1M1.2M3.2M3.0M

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When determining whether OneSpan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OneSpan'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 Onespan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onespan Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for OneSpan Stock analysis

When running OneSpan's price analysis, check to measure OneSpan'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 OneSpan is operating at the current time. Most of OneSpan's value examination focuses on studying past and present price action to predict the probability of OneSpan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OneSpan's price. Additionally, you may evaluate how the addition of OneSpan to your portfolios can decrease your overall portfolio volatility.
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Is OneSpan'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 OneSpan. If investors know OneSpan 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 OneSpan 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
Earnings Share
(0.74)
Revenue Per Share
5.849
Quarterly Revenue Growth
0.111
Return On Assets
(0.02)
The market value of OneSpan is measured differently than its book value, which is the value of OneSpan that is recorded on the company's balance sheet. Investors also form their own opinion of OneSpan's value that differs from its market value or its book value, called intrinsic value, which is OneSpan'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 OneSpan's market value can be influenced by many factors that don't directly affect OneSpan'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 OneSpan's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneSpan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneSpan'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.