SoFi Other Operating Expenses from 2010 to 2024

SOFI Stock  USD 13.01  1.11  9.33%   
SoFi Technologies' Other Operating Expenses is increasing with slightly volatile movements from year to year. Other Operating Expenses is estimated to finish at about 1.8 B this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2010-12-31
Previous Quarter
1.7 B
Current Value
1.8 B
Quarterly Volatility
873.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SoFi Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SoFi Technologies' main balance sheet or income statement drivers, such as Interest Expense of 828.8 M, Income Tax Expense of 436.8 K or Net Interest Income of 1.3 B, as well as many indicators such as Price To Sales Ratio of 2.82, Dividend Yield of 0.0041 or PTB Ratio of 1.78. SoFi financial statements analysis is a perfect complement when working with SoFi Technologies Valuation or Volatility modules.
  
Check out the analysis of SoFi Technologies Correlation against competitors.
For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.

Latest SoFi Technologies' Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of SoFi Technologies over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SoFi Technologies. It is also known as SoFi Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. SoFi Technologies' Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SoFi Technologies' overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

SoFi Other Operating Expenses Regression Statistics

Arithmetic Mean343,161,567
Geometric Mean409,994,230
Coefficient Of Variation254.57
Mean Deviation587,341,498
Median192,202,000
Standard Deviation873,572,819
Sample Variance763129.5T
Range3.3B
R-Value0.34
Mean Square Error727749.8T
R-Squared0.11
Significance0.22
Slope66,091,527
Total Sum of Squares10683812.6T

SoFi Other Operating Expenses History

20241.8 B
20231.7 B
20221.5 B
2021-1.5 B
2020-894.1 M
2019682.3 M

About SoFi Technologies Financial Statements

Investors use fundamental indicators, such as SoFi Technologies' Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although SoFi Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Operating Expenses1.7 B1.8 B

Currently Active Assets on Macroaxis

When determining whether SoFi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SoFi Technologies' 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 Sofi Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Technologies Stock:
Check out the analysis of SoFi Technologies Correlation against competitors.
For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Consumer Finance 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 SoFi Technologies. If investors know SoFi 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 SoFi 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
0.12
Revenue Per Share
2.472
Quarterly Revenue Growth
0.341
Return On Assets
0.0069
Return On Equity
0.0372
The market value of SoFi Technologies is measured differently than its book value, which is the value of SoFi that is recorded on the company's balance sheet. Investors also form their own opinion of SoFi Technologies' value that differs from its market value or its book value, called intrinsic value, which is SoFi 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 SoFi Technologies' market value can be influenced by many factors that don't directly affect SoFi 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 SoFi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SoFi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoFi 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.