Target Current Deferred Revenue vs Intangible Assets Analysis

0LD8 Stock   124.96  3.73  3.08%   
Target Corp financial indicator trend analysis is much more than just breaking down Target Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target Corp is a good investment. Please check the relationship between Target Corp Current Deferred Revenue and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Target Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Intangible Assets

Current Deferred Revenue vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Corp Current Deferred Revenue account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Target Corp's Current Deferred Revenue and Intangible Assets is 0.98. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Target Corp, assuming nothing else is changed. The correlation between historical values of Target Corp's Current Deferred Revenue and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Target Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Current Deferred Revenue i.e., Target Corp's Current Deferred Revenue and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Target Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Target Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Target Corp's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 9.2 M in 2024, whereas Tax Provision is likely to drop slightly above 838.6 M in 2024.
 2014 2020 2023 2024 (projected)
Total Revenue78.1B107.4B123.5B129.7B
Depreciation And Amortization2.6B2.8B3.2B3.4B

Target Corp fundamental ratios Correlations

0.740.840.70.780.740.590.320.750.740.360.54-0.77-0.880.70.70.180.560.70.940.240.81-0.84-0.190.4-0.26
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-0.26-0.5-0.41-0.4-0.21-0.43-0.59-0.3-0.01-0.420.78-0.21-0.26-0.11-0.47-0.42-0.41-0.1-0.43-0.34-0.78-0.1-0.080.980.17
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Target Corp Account Relationship Matchups

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