VeriSign Gross Profit vs Minority Interest Analysis

VRSN Stock  USD 198.84  5.40  2.79%   
VeriSign financial indicator trend analysis is much more than just breaking down VeriSign prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VeriSign is a good investment. Please check the relationship between VeriSign Gross Profit and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VeriSign. 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.
To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.

Gross Profit vs Minority Interest

Gross Profit vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VeriSign Gross Profit account and Minority Interest. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VeriSign's Gross Profit and Minority Interest is 0.81. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of VeriSign, assuming nothing else is changed. The correlation between historical values of VeriSign's Gross Profit and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of VeriSign are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Gross Profit i.e., VeriSign's Gross Profit and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of VeriSign minus its cost of goods sold. It is profit before VeriSign 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.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of VeriSign whose combined shares represent less than 50% of the total outstanding shares issued by VeriSign have a minority interest in VeriSign.
Most indicators from VeriSign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VeriSign 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 VeriSign. 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.
To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.As of the 22nd of December 2024, Selling General Administrative is likely to drop to about 192.4 M. In addition to that, Discontinued Operations is likely to drop to about 3.7 M
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.3B843.3M
Total Revenue1.3B1.4B1.5B1.1B

VeriSign fundamental ratios Correlations

0.460.79-0.310.830.54-0.840.690.170.530.20.920.660.590.080.490.770.940.380.56-0.060.760.56-0.080.640.26
0.460.80.00.470.19-0.370.55-0.080.460.30.30.340.36-0.080.290.30.30.150.13-0.120.320.56-0.13-0.040.51
0.790.8-0.330.640.58-0.620.68-0.080.440.040.710.50.340.00.390.730.70.240.48-0.090.710.78-0.10.510.41
-0.310.0-0.33-0.04-0.840.10.170.14-0.53-0.19-0.14-0.230.45-0.420.4-0.7-0.13-0.37-0.79-0.56-0.170.08-0.56-0.57-0.62
0.830.470.64-0.040.15-0.980.80.380.390.410.740.750.840.220.620.580.770.340.51-0.140.490.36-0.140.310.11
0.540.190.58-0.840.15-0.20.09-0.460.48-0.010.430.19-0.3-0.04-0.190.780.420.290.690.360.630.30.350.70.53
-0.84-0.37-0.620.1-0.98-0.2-0.82-0.42-0.3-0.3-0.81-0.74-0.81-0.25-0.69-0.66-0.83-0.23-0.530.22-0.54-0.390.21-0.46-0.01
0.690.550.680.170.80.09-0.820.160.070.010.750.550.78-0.060.880.430.750.070.14-0.590.640.67-0.60.38-0.18
0.17-0.08-0.080.140.38-0.46-0.420.16-0.050.210.20.410.460.680.330.080.210.010.08-0.14-0.34-0.14-0.130.03-0.2
0.530.460.44-0.530.390.48-0.30.07-0.050.750.170.450.160.27-0.240.360.220.770.530.570.09-0.070.520.060.84
0.20.30.04-0.190.41-0.01-0.30.010.210.75-0.130.350.310.4-0.210.04-0.070.520.360.52-0.31-0.480.51-0.390.59
0.920.30.71-0.140.740.43-0.810.750.20.17-0.130.550.59-0.040.660.721.00.110.39-0.330.850.69-0.330.74-0.09
0.660.340.5-0.230.750.19-0.740.550.410.450.350.550.560.440.490.540.570.470.5-0.110.270.21-0.150.40.23
0.590.360.340.450.84-0.3-0.810.780.460.160.310.590.560.030.770.110.630.17-0.01-0.420.310.32-0.420.01-0.23
0.08-0.080.0-0.420.22-0.04-0.25-0.060.680.270.4-0.040.440.03-0.090.25-0.030.240.420.28-0.43-0.280.280.120.2
0.490.290.390.40.62-0.19-0.690.880.33-0.24-0.210.660.490.77-0.090.220.66-0.19-0.13-0.850.490.59-0.850.35-0.47
0.770.30.73-0.70.580.78-0.660.430.080.360.040.720.540.110.250.220.70.20.860.110.640.40.130.810.38
0.940.30.7-0.130.770.42-0.830.750.210.22-0.071.00.570.63-0.030.660.70.160.39-0.30.830.67-0.30.72-0.07
0.380.150.24-0.370.340.29-0.230.070.010.770.520.110.470.170.24-0.190.20.160.410.510.02-0.130.410.050.55
0.560.130.48-0.790.510.69-0.530.140.080.530.360.390.5-0.010.42-0.130.860.390.410.510.3-0.040.520.520.57
-0.06-0.12-0.09-0.56-0.140.360.22-0.59-0.140.570.52-0.33-0.11-0.420.28-0.850.11-0.30.510.51-0.3-0.520.99-0.190.65
0.760.320.71-0.170.490.63-0.540.64-0.340.09-0.310.850.270.31-0.430.490.640.830.020.3-0.30.76-0.290.7-0.03
0.560.560.780.080.360.3-0.390.67-0.14-0.07-0.480.690.210.32-0.280.590.40.67-0.13-0.04-0.520.76-0.520.51-0.14
-0.08-0.13-0.1-0.56-0.140.350.21-0.6-0.130.520.51-0.33-0.15-0.420.28-0.850.13-0.30.410.520.99-0.29-0.52-0.20.63
0.64-0.040.51-0.570.310.7-0.460.380.030.06-0.390.740.40.010.120.350.810.720.050.52-0.190.70.51-0.2-0.02
0.260.510.41-0.620.110.53-0.01-0.18-0.20.840.59-0.090.23-0.230.2-0.470.38-0.070.550.570.65-0.03-0.140.63-0.02
Click cells to compare fundamentals

VeriSign Account Relationship Matchups

VeriSign fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.8B2.0B1.7B1.7B2.4B
Other Current Liab189.1M169.1M190.8M211.2M190.3M240.8M
Total Current Liabilities965.2M988.7M1.1B1.1B1.2B1.1B
Total Stockholder Equity(1.5B)(1.4B)(1.3B)(1.6B)(1.6B)(1.5B)
Property Plant And Equipment Net250.3M245.6M251.2M232M240.6M248.0M
Net Debt1.3B1.4B1.6B1.4B1.6B1.6B
Retained Earnings(16.5B)(15.7B)(14.9B)(14.2B)(13.4B)(14.1B)
Accounts Payable16.2M12.3M9M9.8M12.5M11.9M
Cash508.2M401.2M223.5M373.6M240.1M228.1M
Non Current Assets Total575.4M549.0M715.0M694.7M760.7M1.3B
Non Currrent Assets Other23.5M27.6M30.2M25.2M21.6M42.0M
Cash And Short Term Investments1.2B1.2B1.2B980.4M926.4M1.2B
Net Receivables17.4M8.2M13.0M8.1M13.6M12.9M
Common Stock Shares Outstanding119.0M115.3M112.2M108M103.5M129.6M
Liabilities And Stockholders Equity1.9B1.8B2.0B1.7B1.7B2.4B
Other Current Assets60.5M42.8M50.0M58.3M48.3M51.9M
Other Stockholder Equity15.0B(2.8M)(1.0)(2.7M)(2.4M)(2.3M)
Total Liab3.3B3.2B3.2B3.3B3.3B2.3B
Total Current Assets1.3B1.2B1.3B1.0B988.3M1.4B
Property Plant And Equipment Gross259.4M245.6M251.2M232M744.3M781.5M
Accumulated Other Comprehensive Income(2.6M)(2.8M)(2.8M)(2.7M)(2.6M)(2.7M)
Current Deferred Revenue755.2M780.1M847.4M890.4M931.1M635.1M
Common Stock Total Equity353K14.3B13.6B12.6B14.5B15.3B
Short Term Investments709.9M765.7M982.3M606.8M686.3M762.1M
Short Term Debt627.6M19.0M4.6M5.5M5.1M4.8M
Common Stock353K14.3B13.6B12.6B11.8B12.4B
Other Liab586.8M378.3M384.6M389.2M447.6M371.4M
Other Assets263.5M250.9M411.3M403M463.5M486.6M
Non Current Liabilities Total2.4B2.2B2.2B2.2B2.1B1.4B
Property Plant Equipment250.3M245.6M251.2M232M208.8M292.7M
Long Term Debt1.8B1.8B1.8B1.8B1.8B1.3B
Short Long Term Debt Total1.8B1.8B1.8B1.8B1.8B1.4B
Inventory(10.5M)(17.4M)(8.2M)(13.0M)(8.1M)0.95
Net Tangible Assets(1.5B)(1.4B)(1.3B)(1.6B)(1.5B)(1.4B)
Retained Earnings Total Equity(16.5B)(15.7B)(14.9B)(14.2B)(16.3B)(17.2B)
Long Term Debt Total1.8B1.8B1.8B1.8B2.1B1.4B
Deferred Long Term Liab278.7M282.8M306.0M328.7M295.8M323.6M

Pair Trading with VeriSign

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VeriSign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VeriSign will appreciate offsetting losses from the drop in the long position's value.

Moving together with VeriSign Stock

  0.77BB BlackBerry TrendingPairCorr

Moving against VeriSign Stock

  0.49FAASW DigiAsia Corp Symbol ChangePairCorr
  0.43S SentinelOnePairCorr
  0.43MQ MarqetaPairCorr
  0.37VERI VeritonePairCorr
  0.34VRNS Varonis SystemsPairCorr
The ability to find closely correlated positions to VeriSign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VeriSign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VeriSign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VeriSign to buy it.
The correlation of VeriSign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VeriSign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VeriSign moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VeriSign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether VeriSign offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VeriSign'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 Verisign Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verisign Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VeriSign. 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.
To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Internet Services & Infrastructure 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 VeriSign. If investors know VeriSign 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 VeriSign 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
0.131
Earnings Share
8.83
Revenue Per Share
15.467
Quarterly Revenue Growth
0.038
Return On Assets
0.4159
The market value of VeriSign is measured differently than its book value, which is the value of VeriSign that is recorded on the company's balance sheet. Investors also form their own opinion of VeriSign's value that differs from its market value or its book value, called intrinsic value, which is VeriSign'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 VeriSign's market value can be influenced by many factors that don't directly affect VeriSign'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 VeriSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if VeriSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VeriSign'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.