Affirm Other Operating Expenses vs Tax Provision Analysis

AFRM Stock  USD 66.55  0.81  1.23%   
Affirm Holdings financial indicator trend analysis is way more than just evaluating Affirm Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Affirm Holdings is a good investment. Please check the relationship between Affirm Holdings Other Operating Expenses and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affirm Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.

Other Operating Expenses vs Tax Provision

Other Operating Expenses vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affirm Holdings Other Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Affirm Holdings' Other Operating Expenses and Tax Provision is -0.35. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Affirm Holdings, assuming nothing else is changed. The correlation between historical values of Affirm Holdings' Other Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Affirm Holdings are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Other Operating Expenses i.e., Affirm Holdings' Other Operating Expenses and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Affirm Holdings. It is also known as Affirm Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Affirm Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Affirm Holdings 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 Affirm Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.At this time, Affirm Holdings' Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.37, while Selling General Administrative is likely to drop about 416.1 M.
 2023 2024 (projected)
Depreciation And Amortization169.0M177.5M
Interest Income278.4M186.7M

Affirm Holdings fundamental ratios Correlations

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-0.87-0.84-0.95-0.49-0.87-0.68-0.87-0.750.66-0.770.81-0.66-0.8-0.66-0.90.32-0.81-0.90.91-0.33-0.81-0.36-0.88-0.82-0.88
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Click cells to compare fundamentals

Affirm Holdings Account Relationship Matchups

Affirm Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B4.9B7.0B8.2B9.5B5.9B
Short Long Term Debt Total917.1M1.9B4.1B5.5B6.6B3.6B
Other Current Liab(878.7M)50.4M244.3M117.5M(16.7M)(17.6M)
Total Current Liabilities36.3M378.5M277.3M146.1M41.0M39.0M
Total Stockholder Equity(367.1M)2.6B2.6B2.5B2.7B1.8B
Other Liab11.7M195.3M104.5M77.6M89.3M87.4M
Net Tangible Assets(367.1M)2.0B2.0B2.0B2.3B1.2B
Property Plant And Equipment Net48.1M62.5M171.5M320.3M449.5M472.0M
Current Deferred Revenue4.5M(104.2M)(16.4M)(218.7M)(100.7M)(105.7M)
Net Debt650.1M440.8M2.8B4.6B5.6B5.9B
Retained Earnings(447.2M)(888.4M)(1.6B)(2.6B)(3.1B)(3.0B)
Accounts Payable18.4M57.8M33.1M28.6M41.0M34.8M
Cash267.1M1.5B1.3B892.0M1.0B956.0M
Non Current Assets Total61.9M1.1B1.3B1.3B7.0B7.4B
Non Currrent Assets Other(925.4M)502.1M501.6M296.8M218.5M229.4M
Other Assets13.8M502.1M25K347.3M(727.6M)(691.3M)
Long Term Debt892.1M1.9B4.1B3.6B6.6B6.9B
Cash And Short Term Investments267.1M1.5B2.9B2.1B2.1B1.7B
Net Receivables1.0B131.0M161.9M199.2M353.0M342.6M
Liabilities And Stockholders Equity1.4B4.9B7.0B8.2B9.5B5.9B
Non Current Liabilities Total1.7B1.9B4.1B5.5B6.7B3.9B
Other Current Assets943.6M530.2M335.8M418.0M350.8M433.5M
Other Stockholder Equity(723.8M)3.5B4.2B5.1B5.9B3.2B
Total Liab1.8B2.3B4.4B5.6B6.8B4.1B
Net Invested Capital550.1M4.5B6.7B7.9B9.3B5.4B
Long Term Investments939.2M11.3M1.6B1.2B73.0M69.4M
Property Plant And Equipment Gross48.1M120.3M171.5M444.4M691.8M726.3M
Total Current Assets1.3B3.7B5.6B6.9B2.5B3.9B
Accumulated Other Comprehensive Income(302K)6.8M(7.1M)(15.4M)(21.6M)(20.5M)
Non Current Liabilities Other7.2M195.3M71.4M53.9M30.7M29.1M
Net Working Capital1.3B3.3B5.4B6.7B8.1B4.7B
Short Term Debt892.1M104.2M16.4M218.7M16.7M15.9M
Property Plant Equipment48.1M62.5M171.5M290.1M333.7M350.3M

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When determining whether Affirm Holdings is a strong investment it is important to analyze Affirm Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Affirm Holdings' future performance. For an informed investment choice regarding Affirm Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affirm Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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 Affirm Holdings. If investors know Affirm 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 Affirm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.41)
Revenue Per Share
8.055
Quarterly Revenue Growth
0.407
Return On Assets
(0.04)
Return On Equity
(0.17)
The market value of Affirm Holdings is measured differently than its book value, which is the value of Affirm that is recorded on the company's balance sheet. Investors also form their own opinion of Affirm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Affirm Holdings' 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 Affirm Holdings' market value can be influenced by many factors that don't directly affect Affirm Holdings' 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 Affirm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affirm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affirm Holdings' 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.