Booking Cost Of Revenue vs Total Operating Expenses Analysis

BKNG Stock  USD 5,177  33.77  0.65%   
Booking Holdings financial indicator trend analysis is way more than just evaluating Booking Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Booking Holdings is a good investment. Please check the relationship between Booking Holdings Cost Of Revenue and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Booking 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 board of governors.
For more detail on how to invest in Booking Stock please use our How to Invest in Booking Holdings guide.

Cost Of Revenue vs Total Operating Expenses

Cost Of Revenue vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Booking Holdings Cost Of Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Booking Holdings' Cost Of Revenue and Total Operating Expenses is -0.59. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Booking Holdings, assuming nothing else is changed. The correlation between historical values of Booking Holdings' Cost Of Revenue and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Booking Holdings are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Booking Holdings' Cost Of Revenue and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Booking Holdings income statement and represents the costs associated with goods and services Booking Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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.
Most indicators from Booking Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Booking 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 Booking 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 board of governors.
For more detail on how to invest in Booking Stock please use our How to Invest in Booking Holdings guide.At this time, Booking Holdings' Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Booking Holdings' current Enterprise Value is estimated to increase to about 56.5 B, while Selling General Administrative is projected to decrease to roughly 1.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.4B16.5B21.4B22.4B
Total Revenue11.0B17.1B21.4B22.4B

Booking Holdings fundamental ratios Correlations

0.920.730.680.130.780.580.870.670.710.750.190.770.730.090.950.69-0.70.880.680.79-0.52-0.15-0.520.90.3
0.920.90.86-0.250.930.370.980.850.890.480.40.890.85-0.160.980.86-0.910.990.890.92-0.36-0.39-0.360.910.44
0.730.90.99-0.560.880.190.930.990.870.160.670.870.97-0.180.830.97-0.950.960.970.93-0.3-0.38-0.30.70.21
0.680.860.99-0.60.850.130.90.990.860.090.70.850.97-0.210.780.96-0.940.930.970.91-0.26-0.39-0.260.650.14
0.13-0.25-0.56-0.6-0.410.47-0.35-0.62-0.50.67-0.7-0.37-0.490.56-0.12-0.580.6-0.36-0.61-0.41-0.30.52-0.3-0.02-0.12
0.780.930.880.85-0.410.10.980.850.950.270.50.90.81-0.30.90.86-0.960.930.920.92-0.28-0.52-0.280.860.51
0.580.370.190.130.470.10.260.11-0.090.8-0.280.040.270.270.430.1-0.060.310.110.1-0.250.33-0.250.51-0.1
0.870.980.930.9-0.350.980.260.90.930.380.480.910.88-0.220.950.9-0.960.980.930.94-0.33-0.44-0.330.890.42
0.670.850.990.99-0.620.850.110.90.860.080.70.840.97-0.250.780.98-0.950.930.950.91-0.23-0.42-0.230.640.13
0.710.890.870.86-0.50.95-0.090.930.860.130.570.930.78-0.310.850.88-0.940.910.90.94-0.27-0.58-0.270.730.52
0.750.480.160.090.670.270.80.380.080.13-0.40.180.210.260.590.12-0.120.380.10.2-0.40.06-0.40.630.1
0.190.40.670.7-0.70.5-0.280.480.70.57-0.40.610.65-0.270.310.66-0.620.520.670.640.0-0.160.00.210.0
0.770.890.870.85-0.370.90.040.910.840.930.180.610.79-0.10.850.85-0.880.90.860.99-0.44-0.25-0.440.740.47
0.730.850.970.97-0.490.810.270.880.970.780.210.650.79-0.130.780.95-0.890.920.920.87-0.3-0.29-0.30.650.02
0.09-0.16-0.18-0.210.56-0.30.27-0.22-0.25-0.310.26-0.27-0.1-0.13-0.13-0.230.38-0.18-0.28-0.12-0.750.6-0.75-0.17-0.25
0.950.980.830.78-0.120.90.430.950.780.850.590.310.850.78-0.130.81-0.850.950.810.87-0.37-0.35-0.370.940.47
0.690.860.970.96-0.580.860.10.90.980.880.120.660.850.95-0.230.81-0.940.930.930.91-0.26-0.43-0.260.640.2
-0.7-0.91-0.95-0.940.6-0.96-0.06-0.96-0.95-0.94-0.12-0.62-0.88-0.890.38-0.85-0.94-0.95-0.97-0.920.190.540.19-0.76-0.41
0.880.990.960.93-0.360.930.310.980.930.910.380.520.90.92-0.180.950.93-0.950.940.94-0.34-0.39-0.340.850.34
0.680.890.970.97-0.610.920.110.930.950.90.10.670.860.92-0.280.810.93-0.970.940.91-0.23-0.47-0.230.720.34
0.790.920.930.91-0.410.920.10.940.910.940.20.640.990.87-0.120.870.91-0.920.940.91-0.42-0.28-0.420.760.38
-0.52-0.36-0.3-0.26-0.3-0.28-0.25-0.33-0.23-0.27-0.40.0-0.44-0.3-0.75-0.37-0.260.19-0.34-0.23-0.42-0.291.0-0.32-0.12
-0.15-0.39-0.38-0.390.52-0.520.33-0.44-0.42-0.580.06-0.16-0.25-0.290.6-0.35-0.430.54-0.39-0.47-0.28-0.29-0.29-0.28-0.36
-0.52-0.36-0.3-0.26-0.3-0.28-0.25-0.33-0.23-0.27-0.40.0-0.44-0.3-0.75-0.37-0.260.19-0.34-0.23-0.421.0-0.29-0.32-0.12
0.90.910.70.65-0.020.860.510.890.640.730.630.210.740.65-0.170.940.64-0.760.850.720.76-0.32-0.28-0.320.5
0.30.440.210.14-0.120.51-0.10.420.130.520.10.00.470.02-0.250.470.2-0.410.340.340.38-0.12-0.36-0.120.5
Click cells to compare fundamentals

Booking Holdings Account Relationship Matchups

Booking Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.4B21.9B23.6B25.4B24.3B25.6B
Short Long Term Debt Total9.1B12.4B11.3B13.0B15.0B15.8B
Other Current Liab1.6B1.4B1.8B2.4B3.6B3.8B
Total Current Liabilities5.4B3.4B6.2B8.5B13.3B14.0B
Total Stockholder Equity5.9B4.9B6.2B2.8B(2.7B)(2.6B)
Property Plant And Equipment Net1.4B1.3B1.3B1.3B1.5B1.6B
Net Debt2.8B1.8B150M816M2.9B3.0B
Retained Earnings23.2B23.3B24.5B27.5B31.8B33.4B
Accounts Payable1.2B735M1.6B2.5B3.5B3.7B
Cash6.3B10.6B11.1B12.2B12.1B12.7B
Non Current Assets Total11.6B9.7B10.5B9.6B7.3B5.4B
Non Currrent Assets Other(9M)(210M)154M139M682M716.1M
Cash And Short Term Investments7.3B11.1B11.2B12.4B12.7B13.3B
Net Receivables1.7B529M1.4B2.2B3.3B3.4B
Common Stock Shares Outstanding43.5M41.2M41.4M40.1M36.5M47.5M
Liabilities And Stockholders Equity21.4B21.9B23.6B25.4B24.3B25.6B
Non Current Liabilities Total10.1B13.6B11.2B14.1B13.8B14.4B
Other Current Assets843M614M635M1.7B1.7B1.8B
Other Stockholder Equity(17.1B)(18.3B)(18.1B)(24.5B)(34.3B)(32.5B)
Total Liab15.5B17.0B17.5B22.6B27.1B28.4B
Property Plant And Equipment Gross1.4B1.3B1.3B1.3B2.7B2.8B
Total Current Assets9.8B12.2B13.1B15.8B17.0B17.9B
Accumulated Other Comprehensive Income(191M)(118M)(144M)(267M)(323M)(306.9M)
Short Term Investments998M501M25M175M576M547.2M
Other Liab2.0B2.2B1.9B1.6B1.8B1.9B
Other Assets867M5.2B1.1B824M940M496.0M
Treasury Stock(22.9B)(24.1B)(24.3B)(31.0B)(27.9B)(26.5B)
Property Plant Equipment738M756M822M669M769.4M807.8M
Good Will2.9B1.9B2.9B2.8B2.8B1.6B
Intangible Assets2.0B1.8B2.1B1.8B1.6B1.1B
Long Term Debt7.6B11.0B8.9B12.0B12.2B12.8B
Current Deferred Revenue1.6B323M906M2.2B3.3B3.4B
Short Term Debt988M985M2.0B500M2.0B1.1B
Net Tangible Assets1.1B1.2B1.2B(1.9B)(1.7B)(1.6B)
Retained Earnings Total Equity23.2B23.3B24.5B27.5B31.7B33.3B
Long Term Debt Total7.6B11.0B8.9B12.0B13.8B14.5B

Currently Active Assets on Macroaxis

When determining whether Booking Holdings is a strong investment it is important to analyze Booking 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 Booking Holdings' future performance. For an informed investment choice regarding Booking Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Booking 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 board of governors.
For more detail on how to invest in Booking Stock please use our How to Invest in Booking Holdings guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Hotels, Resorts & Cruise Lines 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 Booking Holdings. If investors know Booking 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 Booking Holdings 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
0.065
Dividend Share
26.25
Earnings Share
148.07
Revenue Per Share
677.218
Quarterly Revenue Growth
0.089
The market value of Booking Holdings is measured differently than its book value, which is the value of Booking that is recorded on the company's balance sheet. Investors also form their own opinion of Booking Holdings' value that differs from its market value or its book value, called intrinsic value, which is Booking 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 Booking Holdings' market value can be influenced by many factors that don't directly affect Booking 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 Booking Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Booking Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Booking 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.