Taskus Common Stock Total Equity vs Other Stockholder Equity Analysis
| TASK Stock | USD 14.80 0.11 0.75% |
Taskus financial indicator trend analysis is much more than just breaking down Taskus Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taskus Inc is a good investment. Please check the relationship between Taskus Common Stock Total Equity and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Common Stock Total Equity vs Other Stockholder Equity
Common Stock Total Equity vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taskus Inc Common Stock Total Equity account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Taskus' Common Stock Total Equity and Other Stockholder Equity is 0.83. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Taskus Inc, assuming nothing else is changed. The correlation between historical values of Taskus' Common Stock Total Equity and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Taskus Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Total Equity i.e., Taskus' Common Stock Total Equity and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Other Stockholder Equity
Most indicators from Taskus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taskus 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Taskus' Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 223.2 M this year, although Enterprise Value will most likely fall to about 1.3 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 329.0M | 401.7M | 324.9M | 314.2M | Total Revenue | 760.7M | 960.5M | 924.4M | 766.3M |
Taskus fundamental ratios Correlations
Click cells to compare fundamentals
Taskus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taskus fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 18.1M | 22.2M | 39.8M | 54.4M | 48.5M | 34.4M | |
| Total Current Liabilities | 46.9M | 114.8M | 135.9M | 109.9M | 101.8M | 99.6M | |
| Other Liab | 61.4M | 58.8M | 47.7M | 39.9M | 35.9M | 44.4M | |
| Net Tangible Assets | (157.4M) | (100.9M) | (38.0M) | 455.6M | 524.0M | 550.2M | |
| Retained Earnings | (101.9M) | (67.4M) | (176.1M) | (135.7M) | (90.0M) | (94.5M) | |
| Accounts Payable | 24.3M | 41.9M | 40.9M | 37.1M | 25.3M | 33.8M | |
| Other Assets | 2.6M | 3.2M | 6.5M | 13.7M | 1.0 | 0.95 | |
| Net Receivables | 59.8M | 89.5M | 167.4M | 182.9M | 178.8M | 132.6M | |
| Other Current Assets | 559K | 1.1M | 4.4M | 5.5M | 23.9M | 25.1M | |
| Total Current Assets | 108.1M | 211.3M | 246.3M | 341.4M | 328.5M | 240.3M | |
| Property Plant Equipment | 45.1M | 57.0M | 80.0M | 75.1M | 86.3M | 64.1M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Data Processing & Outsourced 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 Taskus. If investors know Taskus 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 Taskus 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 0.4 | Earnings Share 0.58 | Revenue Per Share 10.752 | Quarterly Revenue Growth 0.132 | Return On Assets 0.0762 |
The market value of Taskus Inc is measured differently than its book value, which is the value of Taskus that is recorded on the company's balance sheet. Investors also form their own opinion of Taskus' value that differs from its market value or its book value, called intrinsic value, which is Taskus' 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 Taskus' market value can be influenced by many factors that don't directly affect Taskus' 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 Taskus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taskus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taskus' 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.