ANGI Research Development vs Income Before Tax Analysis

ANGI Stock  USD 1.97  0.01  0.51%   
ANGI Homeservices financial indicator trend analysis is way more than just evaluating ANGI Homeservices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANGI Homeservices is a good investment. Please check the relationship between ANGI Homeservices Research Development and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANGI Homeservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.

Research Development vs Income Before Tax

Research Development vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANGI Homeservices Research Development account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ANGI Homeservices' Research Development and Income Before Tax is -0.13. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of ANGI Homeservices, assuming nothing else is changed. The correlation between historical values of ANGI Homeservices' Research Development and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of ANGI Homeservices are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Research Development i.e., ANGI Homeservices' Research Development and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on ANGI Homeservices income statement and is an important metric when analyzing ANGI Homeservices profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from ANGI Homeservices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANGI Homeservices 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 ANGI Homeservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.The current Selling General Administrative is estimated to decrease to about 207.1 M. The current Tax Provision is estimated to decrease to about (11.8 M)
 2021 2022 2023 2024 (projected)
Interest Expense23.5M20.1M20.1M21.1M
Depreciation And Amortization83.7M91.3M101.6M106.6M

ANGI Homeservices fundamental ratios Correlations

0.860.860.930.980.77-0.030.090.650.950.910.990.520.90.830.990.990.890.910.980.950.630.930.60.890.92
0.860.90.840.780.64-0.050.410.350.860.860.820.840.850.780.810.810.990.780.80.930.780.870.550.630.9
0.860.90.910.820.76-0.060.50.310.890.720.870.630.690.890.860.860.90.880.850.880.890.760.530.680.92
0.930.840.910.890.830.170.30.380.960.790.930.530.770.940.920.930.860.90.930.940.760.840.690.760.88
0.980.780.820.890.74-0.040.020.70.90.860.990.420.840.760.990.990.810.90.990.870.580.880.570.940.92
0.770.640.760.830.740.180.190.320.770.630.770.440.610.770.750.770.690.780.770.760.780.670.410.570.72
-0.03-0.05-0.060.17-0.040.180.0-0.36-0.01-0.06-0.03-0.04-0.030.04-0.05-0.01-0.05-0.080.03-0.010.03-0.020.330.02-0.01
0.090.410.50.30.020.190.0-0.550.22-0.090.140.47-0.120.380.130.130.330.140.110.230.67-0.050.19-0.010.34
0.650.350.310.380.70.32-0.36-0.550.530.680.620.030.670.330.630.620.420.550.60.49-0.010.660.160.670.45
0.950.860.890.960.90.77-0.010.220.530.850.940.520.830.940.930.930.90.880.910.960.710.880.610.760.88
0.910.860.720.790.860.63-0.06-0.090.680.850.850.631.00.690.850.840.90.810.840.920.470.990.520.720.78
0.990.820.870.930.990.77-0.030.140.620.940.850.460.820.831.01.00.840.90.990.910.650.870.60.920.93
0.520.840.630.530.420.44-0.040.470.030.520.630.460.630.470.460.450.80.490.450.660.680.630.270.250.63
0.90.850.690.770.840.61-0.03-0.120.670.831.00.820.630.660.820.820.890.790.820.910.450.990.510.70.76
0.830.780.890.940.760.770.040.380.330.940.690.830.470.660.820.820.820.820.80.890.760.740.580.60.77
0.990.810.860.920.990.75-0.050.130.630.930.851.00.460.820.821.00.840.90.990.90.640.870.610.930.93
0.990.810.860.930.990.77-0.010.130.620.930.841.00.450.820.821.00.830.911.00.90.650.870.620.920.93
0.890.990.90.860.810.69-0.050.330.420.90.90.840.80.890.820.840.830.810.820.950.760.910.550.650.89
0.910.780.880.90.90.78-0.080.140.550.880.810.90.490.790.820.90.910.810.90.880.690.850.520.730.84
0.980.80.850.930.990.770.030.110.60.910.840.990.450.820.80.991.00.820.90.890.640.860.610.930.93
0.950.930.880.940.870.76-0.010.230.490.960.920.910.660.910.890.90.90.950.880.890.690.950.610.710.85
0.630.780.890.760.580.780.030.67-0.010.710.470.650.680.450.760.640.650.760.690.640.690.530.430.410.8
0.930.870.760.840.880.67-0.02-0.050.660.880.990.870.630.990.740.870.870.910.850.860.950.530.550.720.8
0.60.550.530.690.570.410.330.190.160.610.520.60.270.510.580.610.620.550.520.610.610.430.550.530.59
0.890.630.680.760.940.570.02-0.010.670.760.720.920.250.70.60.930.920.650.730.930.710.410.720.530.85
0.920.90.920.880.920.72-0.010.340.450.880.780.930.630.760.770.930.930.890.840.930.850.80.80.590.85
Click cells to compare fundamentals

ANGI Homeservices Account Relationship Matchups

ANGI Homeservices fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B2.0B1.9B1.9B1.0B
Short Long Term Debt Total245.7M728.0M511.7M512.2M565.4M593.7M
Other Current Liab117.0M132.5M166.7M235.1M161.5M169.6M
Total Current Liabilities215.0M233.7M276.5M281.8M258.7M164.1M
Total Stockholder Equity1.3B1.3B1.1B1.0B1.0B591.0M
Property Plant And Equipment Net204.6M108.8M118.3M153.9M155.5M81.8M
Current Deferred Revenue58.2M54.7M53.8M50.9M49.9M59.6M
Net Debt(144.9M)(100.4M)66.4M191.0M201.4M211.4M
Retained Earnings16.0M9.7M(61.6M)(190.1M)(231.0M)(242.6M)
Accounts Payable26.0M30.8M38.9M30.4M29.5M17.6M
Cash390.6M812.7M428.1M321.2M364.0M230.9M
Non Current Assets Total1.4B1.4B1.4B1.4B1.4B722.3M
Non Currrent Assets Other4.3M180.0M73.9M60.4M164.0M172.2M
Cash And Short Term Investments390.6M862.7M428.1M321.2M364.0M243.4M
Net Receivables41.7M43.1M84.4M72.0M51.1M31.2M
Good Will884.0M891.8M916.0M882.9M886.0M449.7M
Common Stock Shares Outstanding517.9M498.2M502.8M503.0M505.9M282.4M
Liabilities And Stockholders Equity1.9B2.4B2.0B1.9B1.9B1.0B
Non Current Liabilities Total356.4M825.3M588.1M574.6M553.1M580.7M
Other Current Assets67.8M72.0M70.5M91.1M72.1M38.5M
Other Stockholder Equity1.3B1.3B1.2B1.2B1.3B756.2M
Total Liab571.4M1.1B864.6M856.4M811.7M437.5M
Property Plant And Equipment Gross204.6M108.8M226.5M300.5M324.9M341.1M
Total Current Assets500.0M977.8M583.1M484.2M487.2M317.2M
Accumulated Other Comprehensive Income(1.4M)4.6M3.3M(1.2M)1.2M1.2M
Intangible Assets251.7M209.7M193.8M178.1M170.8M121.2M
Common Stock Total Equity509K516K522K525K603.8K633.9K
Common Stock509K516K522K525K529K315.4K
Other Liab5.1M113.0M1.9M5.7M6.6M6.3M
Net Tangible Assets178.6M197.1M24.8M165.4M190.3M199.8M
Other Assets81.3M288.9M198.9M151.3M1.00.95
Long Term Debt231.9M712.3M494.6M495.3M496.0M341.8M
Deferred Long Term Liab4M1.3M1.9M2.9M2.6M2.8M
Property Plant Equipment204.6M108.8M118.3M153.9M176.9M105.4M
Long Term Debt Total231.9M712.3M494.6M495.3M569.6M351.0M
Capital Surpluse1.4B1.4B1.4B1.4B1.6B1.2B

Currently Active Assets on Macroaxis

When determining whether ANGI Homeservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ANGI Homeservices' 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 Angi Homeservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angi Homeservices Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANGI Homeservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Interactive Media & 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 ANGI Homeservices. If investors know ANGI 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 ANGI Homeservices 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
(0.75)
Earnings Share
0.08
Revenue Per Share
2.213
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0091
The market value of ANGI Homeservices is measured differently than its book value, which is the value of ANGI that is recorded on the company's balance sheet. Investors also form their own opinion of ANGI Homeservices' value that differs from its market value or its book value, called intrinsic value, which is ANGI Homeservices' 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 ANGI Homeservices' market value can be influenced by many factors that don't directly affect ANGI Homeservices' 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 ANGI Homeservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if ANGI Homeservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANGI Homeservices' 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.