Eventbrite Operating Income vs Net Income From Continuing Ops Analysis
EB Stock | USD 3.73 0.04 1.08% |
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 Operating Income and its Net Income From Continuing Ops 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.
Operating Income vs Net Income From Continuing Ops
Operating Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eventbrite Class A Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eventbrite's Operating Income and Net Income From Continuing Ops is 0.93. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops 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 Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Eventbrite Class A are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Eventbrite's Operating Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Eventbrite Class A operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Eventbrite Class A is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income From Continuing Ops
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 |
Eventbrite fundamental ratios Correlations
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Eventbrite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.