Autodesk Total Operating Expenses vs Gross Profit Analysis

ADSK Stock  USD 315.41  7.57  2.46%   
Autodesk financial indicator trend analysis is way more than just evaluating Autodesk prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autodesk is a good investment. Please check the relationship between Autodesk Total Operating Expenses and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autodesk. 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.
For more information on how to buy Autodesk Stock please use our How to buy in Autodesk Stock guide.

Total Operating Expenses vs Gross Profit

Total Operating Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autodesk Total Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Autodesk's Total Operating Expenses and Gross Profit is 0.97. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Autodesk, assuming nothing else is changed. The correlation between historical values of Autodesk's Total Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Autodesk are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Operating Expenses i.e., Autodesk's Total Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Autodesk minus its cost of goods sold. It is profit before Autodesk 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.
Most indicators from Autodesk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autodesk 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 Autodesk. 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.
For more information on how to buy Autodesk Stock please use our How to buy in Autodesk Stock guide.At this time, Autodesk's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 47.42 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.11.
 2021 2022 2023 2024 (projected)
Gross Profit4.0B4.5B4.9B5.2B
Total Revenue4.4B5.0B5.4B5.7B

Autodesk fundamental ratios Correlations

0.770.880.950.280.710.55-0.570.820.980.960.710.970.50.920.830.88-0.40.940.790.880.410.510.850.950.89
0.770.760.86-0.270.780.8-0.840.520.810.80.360.760.220.90.520.75-0.310.890.780.530.650.60.640.680.6
0.880.760.880.10.620.56-0.660.730.840.820.690.880.650.860.590.71-0.330.880.680.820.370.630.60.840.67
0.950.860.88-0.030.790.74-0.790.670.980.970.50.90.340.960.780.9-0.390.990.850.710.540.410.810.930.88
0.28-0.270.1-0.03-0.13-0.580.620.520.130.10.660.280.54-0.090.320.090.08-0.06-0.060.57-0.30.210.240.220.24
0.710.780.620.79-0.130.56-0.650.640.740.730.410.680.250.770.390.72-0.270.790.980.540.660.430.480.640.59
0.550.80.560.74-0.580.56-0.920.080.670.68-0.050.49-0.130.780.470.67-0.460.770.580.170.560.20.560.550.52
-0.57-0.84-0.66-0.790.62-0.65-0.92-0.22-0.68-0.69-0.01-0.540.01-0.81-0.4-0.620.33-0.81-0.66-0.23-0.53-0.24-0.47-0.59-0.52
0.820.520.730.670.520.640.08-0.220.70.680.910.840.730.660.530.56-0.250.670.680.940.30.570.520.730.6
0.980.810.840.980.130.740.67-0.680.70.990.540.930.360.950.860.93-0.40.970.810.750.430.430.890.940.93
0.960.80.820.970.10.730.68-0.690.680.990.510.920.340.940.840.91-0.360.970.810.730.410.380.870.950.93
0.710.360.690.50.660.41-0.05-0.010.910.540.510.750.790.510.420.39-0.280.510.460.960.220.620.390.620.43
0.970.760.880.90.280.680.49-0.540.840.930.920.750.560.910.750.76-0.330.910.750.90.350.560.780.930.81
0.50.220.650.340.540.25-0.130.010.730.360.340.790.560.320.190.260.120.340.280.750.090.650.210.370.2
0.920.90.860.96-0.090.770.78-0.810.660.950.940.510.910.320.710.83-0.490.990.810.710.50.490.760.880.8
0.830.520.590.780.320.390.47-0.40.530.860.840.420.750.190.710.81-0.340.750.50.620.270.10.970.850.92
0.880.750.710.90.090.720.67-0.620.560.930.910.390.760.260.830.81-0.320.880.790.60.450.390.870.810.9
-0.4-0.31-0.33-0.390.08-0.27-0.460.33-0.25-0.4-0.36-0.28-0.330.12-0.49-0.34-0.32-0.45-0.29-0.33-0.23-0.1-0.28-0.39-0.34
0.940.890.880.99-0.060.790.77-0.810.670.970.970.510.910.340.990.750.88-0.450.840.720.520.460.80.920.85
0.790.780.680.85-0.060.980.58-0.660.680.810.810.460.750.280.810.50.79-0.290.840.610.620.380.560.740.7
0.880.530.820.710.570.540.17-0.230.940.750.730.960.90.750.710.620.6-0.330.720.610.280.610.60.810.65
0.410.650.370.54-0.30.660.56-0.530.30.430.410.220.350.090.50.270.45-0.230.520.620.280.230.370.350.26
0.510.60.630.410.210.430.2-0.240.570.430.380.620.560.650.490.10.39-0.10.460.380.610.230.230.30.19
0.850.640.60.810.240.480.56-0.470.520.890.870.390.780.210.760.970.87-0.280.80.560.60.370.230.820.9
0.950.680.840.930.220.640.55-0.590.730.940.950.620.930.370.880.850.81-0.390.920.740.810.350.30.820.92
0.890.60.670.880.240.590.52-0.520.60.930.930.430.810.20.80.920.9-0.340.850.70.650.260.190.90.92
Click cells to compare fundamentals

Autodesk Account Relationship Matchups

Autodesk fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B7.3B8.6B9.4B9.9B10.4B
Short Long Term Debt Total2.5B2.1B3.1B2.7B2.6B1.5B
Other Current Liab461.6M445.9M472.3M492M581M610.1M
Total Current Liabilities3.2B3.3B4.0B4B4.4B4.6B
Total Stockholder Equity(139.1M)965.5M849.1M1.1B1.9B1.9B
Property Plant And Equipment Net600.5M609.5M467M389M345M362.3M
Net Debt769.9M332.4M1.5B719M734M770.7M
Retained Earnings(2.3B)(1.5B)(2.0B)(2.0B)(1.7B)(1.6B)
Cash1.8B1.8B1.5B1.9B1.9B2.0B
Non Current Assets Total3.5B4.6B5.8B6.1B6.3B6.6B
Non Currrent Assets Other347.2M412.9M492.3M560M602M632.1M
Cash And Short Term Investments1.8B1.9B1.8B2.1B2.2B2.4B
Net Receivables652.3M643.1M716.1M961M876M919.8M
Common Stock Shares Outstanding222.5M222.1M222M218M216M245.0M
Liabilities And Stockholders Equity6.2B7.3B8.6B9.4B9.9B10.4B
Non Current Liabilities Total3.1B3.1B3.7B4.3B3.7B3.9B
Other Current Assets163.3M400.4M555.6M308M457M479.9M
Other Stockholder Equity138.9M(125.9M)(124M)(185M)(166.5M)(158.2M)
Total Liab6.3B6.3B7.8B8.3B8.1B8.5B
Property Plant And Equipment Gross600.5M609.5M467M389M447.4M469.7M
Total Current Assets2.7B2.7B2.8B3.3B3.6B3.8B
Accumulated Other Comprehensive Income(160.3M)(125.9M)(124M)(185M)(234M)(222.3M)
Short Term Debt497.8M142.8M523.3M170M134M128.9M
Accounts Payable83.7M122.5M120.8M102M100M68.7M
Intangible Assets70.9M88.6M493.8M407M406M426.3M
Other Liab1.1B1.0B1.1B1.7B2.0B2.1B
Other Assets267.4M1.1B1.2B1.6B1.8B1.9B
Good Will2.4B2.7B3.6B3.6B3.7B3.8B
Common Stock Total Equity2.3B2.6B2.9B3.3B3.8B4.0B
Short Term Investments69M85M235.7M125M354M254.9M
Common Stock2.3B2.6B2.9B3.3B3.8B4.0B
Property Plant Equipment161.7M609.5M467M144M165.6M156.2M
Current Deferred Revenue2.2B2.5B2.9B3.2B3.5B3.7B
Net Tangible Assets(1.8B)(1.9B)(3.2B)(1.2B)(1.1B)(1.0B)
Long Term Debt1.6B1.6B2.3B2.3B2.6B2.8B
Retained Earnings Total Equity(2.3B)(1.5B)(2.0B)(2.0B)(1.8B)(1.7B)
Deferred Long Term Liab82.5M11.4M29.4M32M28.8M27.4M
Non Current Liabilities Other550.6M139.8M148.9M139M125.1M185.4M

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When determining whether Autodesk is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Autodesk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Autodesk Stock. Highlighted below are key reports to facilitate an investment decision about Autodesk Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autodesk. 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.
For more information on how to buy Autodesk Stock please use our How to buy in Autodesk Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Application Software 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 Autodesk. If investors know Autodesk 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 Autodesk 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
0.262
Earnings Share
4.88
Revenue Per Share
27.063
Quarterly Revenue Growth
0.119
Return On Assets
0.0889
The market value of Autodesk is measured differently than its book value, which is the value of Autodesk that is recorded on the company's balance sheet. Investors also form their own opinion of Autodesk's value that differs from its market value or its book value, called intrinsic value, which is Autodesk'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 Autodesk's market value can be influenced by many factors that don't directly affect Autodesk'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 Autodesk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autodesk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autodesk'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.