Cisco Selling And Marketing Expenses vs Income Before Tax Analysis

CSCO Stock  USD 58.55  0.99  1.72%   
Cisco Systems financial indicator trend analysis is way more than just evaluating Cisco Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cisco Systems is a good investment. Please check the relationship between Cisco Systems Selling And Marketing Expenses and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cisco Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Cisco Stock, please use our How to Invest in Cisco Systems guide.

Selling And Marketing Expenses vs Income Before Tax

Selling And Marketing Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cisco Systems Selling And Marketing Expenses account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cisco Systems' Selling And Marketing Expenses and Income Before Tax is 0.87. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Cisco Systems, assuming nothing else is changed. The correlation between historical values of Cisco Systems' Selling And Marketing Expenses 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 Selling And Marketing Expenses of Cisco Systems 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 Selling And Marketing Expenses i.e., Cisco Systems' Selling And Marketing Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Selling And Marketing Expenses

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Cisco Systems income statement and is an important metric when analyzing Cisco Systems 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 Cisco Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cisco Systems 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 Cisco Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Cisco Stock, please use our How to Invest in Cisco Systems guide.At this time, Cisco Systems' Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Tax Provision is likely to grow to about 2.9 B, while Sales General And Administrative To Revenue is likely to drop 0.04.
 2021 2022 2023 2024 (projected)
Gross Profit32.2B35.8B34.8B19.4B
Total Revenue51.6B57.0B53.8B30.8B

Cisco Systems fundamental ratios Correlations

0.720.820.760.760.670.330.580.710.580.710.380.910.590.490.30.90.450.670.750.540.480.560.820.860.47
0.720.510.760.730.170.20.740.380.520.960.390.620.340.34-0.030.580.230.660.520.460.360.080.570.960.45
0.820.510.30.330.53-0.190.460.950.050.5-0.150.870.810.810.660.970.710.160.510.830.570.790.960.65-0.08
0.760.760.30.90.430.760.540.140.880.720.760.50.16-0.03-0.170.420.040.940.680.020.250.040.340.820.85
0.760.730.330.90.480.630.610.140.90.70.850.580.07-0.08-0.290.47-0.090.930.690.040.240.120.330.760.84
0.670.170.530.430.480.410.030.430.50.180.350.660.230.090.190.610.140.480.860.050.130.730.390.340.46
0.330.2-0.190.760.630.410.02-0.310.840.140.820.01-0.21-0.52-0.33-0.09-0.260.780.46-0.57-0.02-0.17-0.190.260.88
0.580.740.460.540.610.030.020.30.440.80.240.570.190.24-0.140.530.040.530.440.50.190.20.460.750.32
0.710.380.950.140.140.43-0.310.3-0.160.38-0.320.790.850.880.760.90.79-0.050.340.870.590.720.960.53-0.28
0.580.520.050.880.90.50.840.44-0.160.510.890.37-0.17-0.36-0.460.22-0.30.980.7-0.27-0.030.00.020.560.99
0.710.960.50.720.70.180.140.80.380.510.330.680.250.34-0.120.610.160.650.560.510.190.140.550.950.44
0.380.39-0.150.760.850.350.820.24-0.320.890.330.12-0.26-0.5-0.52-0.01-0.380.860.48-0.460.03-0.19-0.140.390.9
0.910.620.870.50.580.660.010.570.790.370.680.120.570.610.320.970.440.460.730.70.340.670.850.760.25
0.590.340.810.160.070.23-0.210.190.85-0.170.25-0.260.570.880.90.720.94-0.050.140.720.640.460.880.46-0.26
0.490.340.81-0.03-0.080.09-0.520.240.88-0.360.34-0.50.610.880.790.730.88-0.230.030.910.410.460.880.43-0.46
0.3-0.030.66-0.17-0.290.19-0.33-0.140.76-0.46-0.12-0.520.320.90.790.510.92-0.39-0.040.560.550.490.680.09-0.52
0.90.580.970.420.470.61-0.090.530.90.220.61-0.010.970.720.730.510.590.320.640.790.470.750.940.730.09
0.450.230.710.04-0.090.14-0.260.040.79-0.30.16-0.380.440.940.880.920.59-0.190.010.660.470.390.780.33-0.37
0.670.660.160.940.930.480.780.53-0.050.980.650.860.46-0.05-0.23-0.390.32-0.190.72-0.140.050.020.150.690.96
0.750.520.510.680.690.860.460.440.340.70.560.480.730.140.03-0.040.640.010.720.110.060.610.390.640.64
0.540.460.830.020.040.05-0.570.50.87-0.270.51-0.460.70.720.910.560.790.66-0.140.110.420.50.870.53-0.4
0.480.360.570.250.240.13-0.020.190.59-0.030.190.030.340.640.410.550.470.470.050.060.420.250.620.4-0.11
0.560.080.790.040.120.73-0.170.20.720.00.14-0.190.670.460.460.490.750.390.020.610.50.250.610.26-0.1
0.820.570.960.340.330.39-0.190.460.960.020.55-0.140.850.880.880.680.940.780.150.390.870.620.610.7-0.1
0.860.960.650.820.760.340.260.750.530.560.950.390.760.460.430.090.730.330.690.640.530.40.260.70.47
0.470.45-0.080.850.840.460.880.32-0.280.990.440.90.25-0.26-0.46-0.520.09-0.370.960.64-0.4-0.11-0.1-0.10.47
Click cells to compare fundamentals

Cisco Systems Account Relationship Matchups

Cisco Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets94.9B97.5B94.0B101.9B124.4B130.6B
Other Current Liab8.7B8.4B8.5B9.1B9.3B4.7B
Total Current Liabilities25.3B26.3B25.6B31.3B40.6B42.6B
Total Stockholder Equity37.9B41.3B39.8B44.4B45.5B31.2B
Property Plant And Equipment Net2.5B2.3B2.0B2.1B2.1B2.4B
Net Debt2.8B2.4B2.4B(1.7B)23.5B24.6B
Retained Earnings(2.8B)(654M)(1.3B)1.6B1.1B1.0B
Cash11.8B9.2B7.1B10.1B7.5B5.4B
Non Current Assets Total51.3B58.4B57.3B58.5B87.6B91.9B
Cash And Short Term Investments29.4B24.5B19.3B26.1B19.4B23.4B
Net Receivables10.5B10.1B10.5B9.2B10.0B5.1B
Common Stock Shares Outstanding4.3B4.2B4.2B4.1B4.1B4.3B
Liabilities And Stockholders Equity94.9B97.5B94.0B101.9B124.4B130.6B
Non Current Liabilities Total31.6B30.0B28.6B26.2B38.4B40.3B
Inventory1.3B1.6B2.6B3.6B3.4B3.5B
Other Current Assets2.3B2.9B4.4B4.2B4.1B4.3B
Other Stockholder Equity(519M)(417M)22.4B44.4B51.0B53.6B
Total Liab56.9B56.2B54.2B57.5B79.0B82.9B
Property Plant And Equipment Gross3.4B2.3B10.2B10.1B9.9B10.4B
Total Current Assets43.6B39.1B36.7B43.3B36.9B32.3B
Accumulated Other Comprehensive Income(519M)(417M)(1.6B)(1.6B)(1.4B)(1.4B)
Short Long Term Debt Total14.6B11.5B9.5B8.4B31.0B18.1B
Accounts Payable2.2B2.4B2.3B2.3B2.3B2.4B
Non Currrent Assets Other3.7B5.0B1.0B6.0B5.9B6.2B
Short Term Debt3.0B2.8B1.4B2.0B11.7B12.3B
Current Deferred Revenue11.4B12.1B12.8B13.9B16.2B17.1B
Common Stock Total Equity40.3B41.2B42.3B42.7B49.1B31.4B
Short Term Investments17.6B15.3B12.2B16.0B10.3B9.8B
Common Stock41.2B42.3B42.7B44.3B45.8B32.6B
Good Will33.8B38.2B38.3B38.5B58.7B61.6B
Intangible Assets1.6B3.6B2.6B1.8B11.2B11.8B
Other Assets11.1B14.3B14.4B12.6B14.5B15.2B
Property Plant Equipment3.4B2.3B2.0B2.1B1.9B2.6B
Other Liab19.4B41.9B20.2B18.8B21.6B22.7B
Long Term Debt11.6B9.0B8.4B6.7B19.6B15.6B
Net Tangible Assets2.5B41.3B(1.1B)4B3.6B3.4B
Retained Earnings Total Equity(5.9B)(2.8B)(654M)(1.3B)(1.2B)(1.1B)
Long Term Debt Total11.6B9.0B8.4B6.7B6.0B5.7B

Pair Trading with Cisco Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cisco Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cisco Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cisco Stock

  0.72EHGO Eshallgo Class A Downward RallyPairCorr

Moving against Cisco Stock

  0.79ACLS Axcelis TechnologiesPairCorr
  0.79ASYS Amtech Systems Fiscal Year End 12th of December 2024 PairCorr
  0.73ICG Intchains GroupPairCorr
  0.73TER TeradynePairCorr
  0.71KLAC KLA TencorPairCorr
The ability to find closely correlated positions to Cisco Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cisco Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cisco Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cisco Systems to buy it.
The correlation of Cisco Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cisco Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cisco Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cisco Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cisco Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cisco Systems' 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 Cisco Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cisco Systems Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cisco Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Cisco Stock, please use our How to Invest in Cisco Systems guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Communications Equipment 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 Cisco Systems. If investors know Cisco 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 Cisco Systems 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
(0.24)
Dividend Share
1.19
Earnings Share
2.33
Revenue Per Share
13.158
Quarterly Revenue Growth
(0.06)
The market value of Cisco Systems is measured differently than its book value, which is the value of Cisco that is recorded on the company's balance sheet. Investors also form their own opinion of Cisco Systems' value that differs from its market value or its book value, called intrinsic value, which is Cisco Systems' 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 Cisco Systems' market value can be influenced by many factors that don't directly affect Cisco Systems' 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 Cisco Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cisco Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cisco Systems' 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.