Eventbrite Net Income vs Gross Profit Analysis

EB Stock

USD 3.61 0.03 0.84%

Eventbrite financial indicator trend analysis is much more than just examining Eventbrite Class A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eventbrite Class A is a good investment. Please check the relationship between Eventbrite Net Income and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eventbrite Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eventbrite Class A Net Income account and Gross Profit. At this time, the significance of the direction appears to have very week relationship.

The correlation between Eventbrite's Net Income and Gross Profit is 0.27. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Eventbrite Class A, assuming nothing else is changed. The correlation between historical values of Eventbrite's Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Eventbrite Class A are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Eventbrite's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Eventbrite Class A financial statement analysis. It represents the amount of money remaining after all of Eventbrite Class A operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Eventbrite Class A minus its cost of goods sold. It is profit before Eventbrite operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Eventbrite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eventbrite Class A 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eventbrite Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At present, Eventbrite's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.33, whereas Selling General Administrative is forecasted to decline to about 91 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	21.5M	16.0M	13.8M	17.4M
Interest Income	16.3M	17.6M	27.5M	28.9M

Depreciation And Amortization Interest Income

Eventbrite fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Inventory
Total Assets		0.81	-0.19	0.97	0.88	-0.17	0.63	-0.69	-0.65	-0.85	0.75	0.96	0.89	0.02	0.12	0.76	0.96	-0.21	0.98	0.89	0.4	0.77	0.12	0.96	-0.79	0.07
Short Long Term Debt Total	0.81		-0.67	0.78	0.5	-0.4	0.27	-0.91	-0.2	-0.94	0.94	0.86	0.54	-0.49	-0.26	1.0	0.9	-0.67	0.76	0.86	0.55	0.94	0.54	0.83	-0.9	-0.41
Other Current Liab	-0.19	-0.67		-0.14	0.07	0.58	0.12	0.79	-0.35	0.65	-0.77	-0.35	0.14	0.77	0.43	-0.72	-0.41	0.98	-0.11	-0.45	-0.57	-0.71	-0.56	-0.32	0.68	0.87
Total Current Liabilities	0.97	0.78	-0.14		0.83	-0.2	0.59	-0.69	-0.61	-0.84	0.73	0.92	0.85	-0.04	-0.02	0.74	0.93	-0.18	0.95	0.88	0.45	0.75	0.13	0.92	-0.78	0.05
Total Stockholder Equity	0.88	0.5	0.07	0.83		-0.23	0.91	-0.42	-0.88	-0.62	0.48	0.85	0.81	0.38	0.4	0.45	0.81	0.03	0.83	0.77	0.2	0.46	-0.36	0.89	-0.55	0.28
Other Liab	-0.17	-0.4	0.58	-0.2	-0.23		-0.43	0.55	0.09	0.49	-0.51	-0.35	0.26	0.41	0.37	-0.45	-0.42	0.67	0.0	-0.48	-0.49	-0.4	0.18	-0.42	0.51	0.66
Net Tangible Assets	0.63	0.27	0.12	0.59	0.91	-0.43		-0.24	-0.89	-0.42	0.29	0.67	0.51	0.47	0.43	0.23	0.63	0.05	0.54	0.61	0.07	0.22	-0.65	0.73	-0.35	0.24
Property Plant And Equipment Net	-0.69	-0.91	0.79	-0.69	-0.42	0.55	-0.24		0.05	0.96	-0.99	-0.75	-0.39	0.62	0.38	-0.92	-0.82	0.81	-0.63	-0.83	-0.79	-0.97	-0.47	-0.75	0.98	0.66
Net Debt	-0.65	-0.2	-0.35	-0.61	-0.88	0.09	-0.89	0.05		0.29	-0.14	-0.66	-0.66	-0.66	-0.59	-0.15	-0.56	-0.27	-0.6	-0.54	0.25	-0.09	0.58	-0.65	0.17	-0.58
Retained Earnings	-0.85	-0.94	0.65	-0.84	-0.62	0.49	-0.42	0.96	0.29		-0.98	-0.9	-0.58	0.42	0.21	-0.93	-0.94	0.67	-0.79	-0.93	-0.68	-0.96	-0.36	-0.89	0.99	0.45
Accounts Payable	0.75	0.94	-0.77	0.73	0.48	-0.51	0.29	-0.99	-0.14	-0.98		0.82	0.46	-0.56	-0.32	0.95	0.87	-0.78	0.68	0.86	0.72	0.98	0.47	0.79	-0.98	-0.57
Cash	0.96	0.86	-0.35	0.92	0.85	-0.35	0.67	-0.75	-0.66	-0.9	0.82		0.77	-0.06	0.08	0.82	0.98	-0.39	0.9	0.94	0.36	0.8	0.1	0.97	-0.82	-0.05
Non Current Assets Total	0.89	0.54	0.14	0.85	0.81	0.26	0.51	-0.39	-0.66	-0.58	0.46	0.77		0.3	0.36	0.46	0.73	0.15	0.95	0.65	0.16	0.52	0.07	0.75	-0.52	0.4
Non Currrent Assets Other	0.02	-0.49	0.77	-0.04	0.38	0.41	0.47	0.62	-0.66	0.42	-0.56	-0.06	0.3		0.88	-0.55	-0.16	0.75	0.08	-0.12	-0.64	-0.59	-0.72	-0.01	0.5	0.83
Other Assets	0.12	-0.26	0.43	-0.02	0.4	0.37	0.43	0.38	-0.59	0.21	-0.32	0.08	0.36	0.88		-0.31	-0.02	0.45	0.19	0.05	-0.56	-0.37	-0.5	0.12	0.29	0.63
Long Term Debt	0.76	1.0	-0.72	0.74	0.45	-0.45	0.23	-0.92	-0.15	-0.93	0.95	0.82	0.46	-0.55	-0.31		0.88	-0.72	0.7	0.84	0.57	0.93	0.56	0.8	-0.9	-0.47
Cash And Short Term Investments	0.96	0.9	-0.41	0.93	0.81	-0.42	0.63	-0.82	-0.56	-0.94	0.87	0.98	0.73	-0.16	-0.02	0.88		-0.45	0.89	0.96	0.49	0.85	0.17	0.98	-0.88	-0.16
Net Receivables	-0.21	-0.67	0.98	-0.18	0.03	0.67	0.05	0.81	-0.27	0.67	-0.78	-0.39	0.15	0.75	0.45	-0.72	-0.45		-0.11	-0.52	-0.57	-0.7	-0.49	-0.36	0.7	0.87
Good Will	0.98	0.76	-0.11	0.95	0.83	0.0	0.54	-0.63	-0.6	-0.79	0.68	0.9	0.95	0.08	0.19	0.7	0.89	-0.11		0.83	0.37	0.72	0.19	0.9	-0.73	0.15
Common Stock Shares Outstanding	0.89	0.86	-0.45	0.88	0.77	-0.48	0.61	-0.83	-0.54	-0.93	0.86	0.94	0.65	-0.12	0.05	0.84	0.96	-0.52	0.83		0.48	0.8	0.13	0.96	-0.88	-0.23
Short Term Investments	0.4	0.55	-0.57	0.45	0.2	-0.49	0.07	-0.79	0.25	-0.68	0.72	0.36	0.16	-0.64	-0.56	0.57	0.49	-0.57	0.37	0.48		0.75	0.34	0.44	-0.79	-0.72
Long Term Debt Total	0.77	0.94	-0.71	0.75	0.46	-0.4	0.22	-0.97	-0.09	-0.96	0.98	0.8	0.52	-0.59	-0.37	0.93	0.85	-0.7	0.72	0.8	0.75		0.54	0.77	-0.97	-0.52
Non Current Liabilities Total	0.12	0.54	-0.56	0.13	-0.36	0.18	-0.65	-0.47	0.58	-0.36	0.47	0.1	0.07	-0.72	-0.5	0.56	0.17	-0.49	0.19	0.13	0.34	0.54		0.02	-0.39	-0.44
Capital Surpluse	0.96	0.83	-0.32	0.92	0.89	-0.42	0.73	-0.75	-0.65	-0.89	0.79	0.97	0.75	-0.01	0.12	0.8	0.98	-0.36	0.9	0.96	0.44	0.77	0.02		-0.83	-0.08
Capital Lease Obligations	-0.79	-0.9	0.68	-0.78	-0.55	0.51	-0.35	0.98	0.17	0.99	-0.98	-0.82	-0.52	0.5	0.29	-0.9	-0.88	0.7	-0.73	-0.88	-0.79	-0.97	-0.39	-0.83		0.55
Inventory	0.07	-0.41	0.87	0.05	0.28	0.66	0.24	0.66	-0.58	0.45	-0.57	-0.05	0.4	0.83	0.63	-0.47	-0.16	0.87	0.15	-0.23	-0.72	-0.52	-0.44	-0.08	0.55

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Eventbrite Account Relationship Matchups

Eventbrite fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	808.0M	795.7M	903.0M	895.4M	913.3M	820.8M
Short Long Term Debt Total	25.3M	223.1M	366.4M	361.7M	361.0M	216.7M
Other Current Liab	339.3M	45.6M	52.3M	32.5M	40.5M	38.5M
Total Current Liabilities	350.3M	246.5M	358.0M	361.0M	357.6M	327.0M
Total Stockholder Equity	425.8M	315.6M	169.9M	166.6M	191.8M	189.7M
Other Liab	15.7M	15.4M	12.9M	8.9M	8.0M	13.4M
Net Tangible Assets	206.1M	98.9M	(35.6M)	(29.7M)	(34.2M)	(35.9M)
Property Plant And Equipment Net	41.9M	25.5M	18.1M	11.5M	9.6M	9.1M
Net Debt	(395.4M)	(282.7M)	(268.0M)	(177.6M)	(128.2M)	(134.7M)
Retained Earnings	(372.8M)	(597.5M)	(733.6M)	(789.0M)	(815.4M)	(774.7M)
Accounts Payable	1.9M	193.0M	286.3M	310.3M	305.3M	320.5M
Cash	420.7M	505.8M	634.4M	539.3M	489.2M	461.4M
Non Current Assets Total	283.4M	258.6M	229.4M	212.2M	201.5M	251.7M
Non Currrent Assets Other	21.8M	16.4M	5.8M	4.4M	4.2M	4.0M
Other Assets	21.8M	30.3M	5.8M	4.4M	4.0M	3.8M
Long Term Debt	0.0	206.6M	353.6M	355.6M	357.7M	199.2M
Cash And Short Term Investments	420.7M	505.8M	634.4M	623.5M	642.9M	494.1M
Net Receivables	57.8M	10.8M	3.2M	3.6M	6.3M	5.9M
Common Stock Shares Outstanding	82.0M	89.3M	94.3M	98.3M	100.3M	74.8M
Long Term Debt Total	300K	206.6M	353.6M	355.6M	408.9M	429.4M
Liabilities And Stockholders Equity	808.0M	795.7M	903.0M	895.4M	913.3M	820.8M
Non Current Liabilities Total	31.9M	233.6M	375.1M	367.8M	364.0M	304.1M
Capital Surpluse	798.6M	913.1M	903.5M	955.5M	1.1B	695.2M
Capital Lease Obligations	25.3M	16.5M	12.8M	6.2M	3.3M	3.1M
Inventory	36.4M	16.5M	18.7M	721K	648.9K	616.5K
Other Current Assets	9.6M	20.6M	36.1M	56.0M	62.7M	65.8M
Other Stockholder Equity	798.6M	913.1M	903.5M	955.5M	1.0B	645.8M
Total Liab	382.2M	480.1M	733.1M	728.8M	721.6M	631.1M
Property Plant And Equipment Gross	41.9M	25.5M	75.8M	72.8M	67.5M	56.5M
Total Current Assets	524.6M	537.1M	673.6M	683.2M	711.9M	569.2M
Non Current Liabilities Other	557K	1.2M	1K	100K	90K	85.5K
Short Term Debt	9.1M	4.9M	8.3M	5.6M	3.0M	2.9M
Intangible Assets	49.2M	42.3M	31.1M	21.9M	13.3M	12.6M
Property Plant Equipment	41.9M	25.5M	18.1M	11.5M	10.4M	9.9M
Net Invested Capital	425.8M	522.2M	523.5M	522.1M	549.4M	464.0M
Cash And Equivalents	420.7M	505.8M	634.4M	539.3M	620.2M	500.0M
Net Working Capital	174.3M	290.6M	315.6M	322.2M	354.2M	271.3M

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eventbrite Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Is Interactive Media & Services 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 Eventbrite. If investors know Eventbrite 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 Eventbrite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.08)

Revenue Per Share

3.469

Quarterly Revenue Growth

(0.05)

Return On Assets

(0.02)

Return On Equity

(0.05)

The market value of Eventbrite Class A is measured differently than its book value, which is the value of Eventbrite that is recorded on the company's balance sheet. Investors also form their own opinion of Eventbrite's value that differs from its market value or its book value, called intrinsic value, which is Eventbrite'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 Eventbrite's market value can be influenced by many factors that don't directly affect Eventbrite'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 Eventbrite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eventbrite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eventbrite'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.

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Eventbrite Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Eventbrite fundamental ratios Correlations

Eventbrite Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eventbrite fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Capital Lease Obligations	+ 0.99	Retained Earnings
Good Will	+ 0.98	Total Assets
Net Receivables	+ 0.98	Other Current Liab
Capital Lease Obligations	+ 0.98	Property Plant And Equipment Net
Long Term Debt Total	+ 0.98	Accounts Payable

Accounts Payable	- 0.99	Property Plant And Equipment Net
Capital Lease Obligations	- 0.98	Accounts Payable
Accounts Payable	- 0.98	Retained Earnings
Capital Lease Obligations	- 0.97	Long Term Debt Total
Long Term Debt Total	- 0.97	Property Plant And Equipment Net
Long Term Debt Total	- 0.96	Retained Earnings