VeriSign Depreciation vs Change To Netincome Analysis

0LOZ Stock   187.18  3.70  1.94%   
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 Depreciation and its Change To Netincome accounts. Check out Trending Equities 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 board of governors.
For more information on how to buy VeriSign Stock please use our How to Invest in VeriSign guide.

Depreciation vs Change To Netincome

Depreciation vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VeriSign Depreciation account and Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between VeriSign's Depreciation and Change To Netincome is -0.1. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of VeriSign, assuming nothing else is changed. The correlation between historical values of VeriSign's Depreciation and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of VeriSign are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Depreciation i.e., VeriSign's Depreciation and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of VeriSign value has been used up. For tax purposes VeriSign can deduct the cost of the tangible assets it purchases as business expenses. However, VeriSign must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Netincome

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 Trending Equities 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 board of governors.
For more information on how to buy VeriSign Stock please use our How to Invest in VeriSign guide.Selling General Administrative is likely to gain to about 192.4 M in 2024, despite the fact that Tax Provision is likely to grow to (55.3 M).
 2021 2022 2023 2024 (projected)
Total Revenue1.3B1.4B1.5B1.1B
Depreciation And Amortization47.9M46.9M44.1M41.9M

VeriSign fundamental ratios Correlations

0.470.79-0.310.830.54-0.840.470.170.530.20.920.460.590.360.490.780.940.560.760.58-0.080.52-0.84-0.840.65
0.470.780.020.480.17-0.380.5-0.080.460.310.310.210.380.350.290.280.310.120.330.75-0.12-0.18-0.31-0.310.14
0.790.78-0.320.640.58-0.630.52-0.080.430.040.710.290.340.240.390.740.70.480.710.82-0.10.29-0.62-0.610.62
-0.310.02-0.32-0.04-0.840.10.180.14-0.53-0.19-0.140.220.45-0.050.4-0.7-0.13-0.79-0.170.15-0.56-0.780.470.48-0.85
0.830.480.64-0.040.16-0.970.710.370.410.420.740.640.850.60.610.580.770.510.490.42-0.130.33-0.89-0.880.32
0.540.170.58-0.840.16-0.2-0.02-0.460.48-0.010.43-0.24-0.3-0.1-0.190.780.420.690.640.230.350.69-0.46-0.470.89
-0.84-0.38-0.630.1-0.97-0.2-0.72-0.42-0.29-0.29-0.81-0.58-0.81-0.53-0.69-0.66-0.83-0.53-0.54-0.410.21-0.450.90.89-0.41
0.470.50.520.180.71-0.02-0.720.10.070.160.480.380.710.390.790.280.490.10.410.48-0.55-0.01-0.49-0.480.03
0.17-0.08-0.080.140.37-0.46-0.420.1-0.050.210.20.570.460.390.330.080.210.08-0.35-0.1-0.130.16-0.33-0.32-0.04
0.530.460.43-0.530.410.48-0.290.07-0.050.750.170.230.150.48-0.240.360.220.520.110.080.520.23-0.56-0.560.38
0.20.310.04-0.190.42-0.01-0.290.160.210.75-0.130.260.310.6-0.210.04-0.070.36-0.3-0.280.510.05-0.47-0.47-0.03
0.920.310.71-0.140.740.43-0.810.480.20.17-0.130.410.590.180.660.721.00.390.850.63-0.320.49-0.69-0.690.58
0.460.210.290.220.64-0.24-0.580.380.570.230.260.410.670.210.360.140.440.140.070.23-0.04-0.03-0.48-0.47-0.04
0.590.380.340.450.85-0.3-0.810.710.460.150.310.590.670.550.770.110.63-0.010.310.4-0.43-0.11-0.54-0.53-0.16
0.360.350.24-0.050.6-0.1-0.530.390.390.480.60.180.210.550.310.170.220.27-0.080.09-0.030.06-0.54-0.530.01
0.490.290.390.40.61-0.19-0.690.790.33-0.24-0.210.660.360.770.310.220.65-0.130.480.55-0.850.0-0.33-0.32-0.02
0.780.280.74-0.70.580.78-0.660.280.080.360.040.720.140.110.170.220.70.860.640.360.130.86-0.8-0.810.94
0.940.310.7-0.130.770.42-0.830.490.210.22-0.071.00.440.630.220.650.70.390.830.61-0.30.47-0.71-0.710.56
0.560.120.48-0.790.510.69-0.530.10.080.520.360.390.14-0.010.27-0.130.860.390.3-0.030.520.86-0.82-0.830.82
0.760.330.71-0.170.490.64-0.540.41-0.350.11-0.30.850.070.31-0.080.480.640.830.30.68-0.280.38-0.45-0.450.57
0.580.750.820.150.420.23-0.410.48-0.10.08-0.280.630.230.40.090.550.360.61-0.030.68-0.45-0.1-0.21-0.210.24
-0.08-0.12-0.1-0.56-0.130.350.21-0.55-0.130.520.51-0.32-0.04-0.43-0.03-0.850.13-0.30.52-0.28-0.450.29-0.18-0.190.27
0.52-0.180.29-0.780.330.69-0.45-0.010.160.230.050.49-0.03-0.110.060.00.860.470.860.38-0.10.29-0.68-0.690.88
-0.84-0.31-0.620.47-0.89-0.460.9-0.49-0.33-0.56-0.47-0.69-0.48-0.54-0.54-0.33-0.8-0.71-0.82-0.45-0.21-0.18-0.681.0-0.64
-0.84-0.31-0.610.48-0.88-0.470.89-0.48-0.32-0.56-0.47-0.69-0.47-0.53-0.53-0.32-0.81-0.71-0.83-0.45-0.21-0.19-0.691.0-0.65
0.650.140.62-0.850.320.89-0.410.03-0.040.38-0.030.58-0.04-0.160.01-0.020.940.560.820.570.240.270.88-0.64-0.65
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VeriSign Account Relationship Matchups

VeriSign fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.8B2.0B1.7B1.7B2.4B
Other Current Liab163.4M169.1M190.8M173.8M190.3M240.9M
Total Current Liabilities965.2M988.7M1.1B1.1B1.2B1.0B
Total Stockholder Equity(1.5B)(1.4B)(1.3B)(1.6B)(1.6B)(1.5B)
Property Plant And Equipment Net250.3M245.6M251.2M232M240.6M257.3M
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 Total575.4M549.0M715.0M694.7M760.7M1.4B
Non Currrent Assets Other23.5M27.6M30.2M25.2M21.6M42.9M
Cash And Short Term Investments1.2B1.2B1.2B980.4M926.4M1.2B
Net Receivables1.5M8.2M13.0M8.1M13.6M12.9M
Common Stock Shares Outstanding119.0M115.3M112.2M108M103.5M129.4M
Liabilities And Stockholders Equity1.9B1.8B2.0B1.7B1.7B2.4B
Other Current Assets102.1M42.8M50.0M50.2M48.3M74.5M
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
Accumulated Other Comprehensive Income(2.6M)(2.8M)(2.8M)(2.7M)(2.6M)(2.7M)
Current Deferred Revenue755.2M780.1M847.4M890.4M931.1M633.9M
Short Term Investments709.9M765.7M982.3M606.8M686.3M810.7M
Short Term Debt4.6M27.2M26.8M16.3M5.1M4.8M
Common Stock353K14.3B13.6B12.6B11.8B12.4B
Non Current Liabilities Total2.4B2.2B2.2B2.2B2.1B1.4B
Short Long Term Debt Total1.8B1.8B1.8B1.8B1.8B1.4B
Inventory(10.5M)(17.4M)(8.2M)(13.0M)(8.1M)0.95
Other Assets291.0M263.5M239.6M403M463.5M254.2M
Long Term Debt1.8B1.8B1.8B1.8B2.1B1.8B
Property Plant Equipment259.4M256.8M259.6M239.2M215.3M205.6M
Other Liab586.8M373.2M382.1M389.2M350.3M420.9M
Net Tangible Assets(1.5B)(1.4B)(1.3B)(1.6B)(1.5B)(1.5B)
Deferred Long Term Liab7.8M8.0M8.7M9.1M10.5M9.1M

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