Cisco Tax Provision vs Total Revenue 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 Tax Provision and its Total Revenue 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.
Tax Provision vs Total Revenue
Tax Provision vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cisco Systems Tax Provision account and Total Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Cisco Systems' Tax Provision and Total Revenue is 0.09. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Total Revenue 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' Tax Provision and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Cisco Systems are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Tax Provision i.e., Cisco Systems' Tax Provision and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Total Revenue
Total revenue comprises all receipts Cisco Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 Profit | 32.2B | 35.8B | 34.8B | 19.4B | Total Revenue | 51.6B | 57.0B | 53.8B | 30.8B |
Cisco Systems fundamental ratios Correlations
Click cells to compare fundamentals
Cisco Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cisco Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 94.9B | 97.5B | 94.0B | 101.9B | 124.4B | 130.6B | |
Other Current Liab | 8.7B | 8.4B | 8.5B | 9.1B | 9.3B | 4.7B | |
Total Current Liabilities | 25.3B | 26.3B | 25.6B | 31.3B | 40.6B | 42.6B | |
Total Stockholder Equity | 37.9B | 41.3B | 39.8B | 44.4B | 45.5B | 31.2B | |
Property Plant And Equipment Net | 2.5B | 2.3B | 2.0B | 2.1B | 2.1B | 2.4B | |
Net Debt | 2.8B | 2.4B | 2.4B | (1.7B) | 23.5B | 24.6B | |
Retained Earnings | (2.8B) | (654M) | (1.3B) | 1.6B | 1.1B | 1.0B | |
Cash | 11.8B | 9.2B | 7.1B | 10.1B | 7.5B | 5.4B | |
Non Current Assets Total | 51.3B | 58.4B | 57.3B | 58.5B | 87.6B | 91.9B | |
Cash And Short Term Investments | 29.4B | 24.5B | 19.3B | 26.1B | 19.4B | 23.4B | |
Net Receivables | 10.5B | 10.1B | 10.5B | 9.2B | 10.0B | 5.1B | |
Common Stock Shares Outstanding | 4.3B | 4.2B | 4.2B | 4.1B | 4.1B | 4.3B | |
Liabilities And Stockholders Equity | 94.9B | 97.5B | 94.0B | 101.9B | 124.4B | 130.6B | |
Non Current Liabilities Total | 31.6B | 30.0B | 28.6B | 26.2B | 38.4B | 40.3B | |
Inventory | 1.3B | 1.6B | 2.6B | 3.6B | 3.4B | 3.5B | |
Other Current Assets | 2.3B | 2.9B | 4.4B | 4.2B | 4.1B | 4.3B | |
Other Stockholder Equity | (519M) | (417M) | 22.4B | 44.4B | 51.0B | 53.6B | |
Total Liab | 56.9B | 56.2B | 54.2B | 57.5B | 79.0B | 82.9B | |
Property Plant And Equipment Gross | 3.4B | 2.3B | 10.2B | 10.1B | 9.9B | 10.4B | |
Total Current Assets | 43.6B | 39.1B | 36.7B | 43.3B | 36.9B | 32.3B | |
Accumulated Other Comprehensive Income | (519M) | (417M) | (1.6B) | (1.6B) | (1.4B) | (1.4B) | |
Short Long Term Debt Total | 14.6B | 11.5B | 9.5B | 8.4B | 31.0B | 18.1B | |
Accounts Payable | 2.2B | 2.4B | 2.3B | 2.3B | 2.3B | 2.4B | |
Non Currrent Assets Other | 3.7B | 5.0B | 1.0B | 6.0B | 5.9B | 6.2B | |
Short Term Debt | 3.0B | 2.8B | 1.4B | 2.0B | 11.7B | 12.3B | |
Current Deferred Revenue | 11.4B | 12.1B | 12.8B | 13.9B | 16.2B | 17.1B | |
Common Stock Total Equity | 40.3B | 41.2B | 42.3B | 42.7B | 49.1B | 31.4B | |
Short Term Investments | 17.6B | 15.3B | 12.2B | 16.0B | 10.3B | 9.8B | |
Common Stock | 41.2B | 42.3B | 42.7B | 44.3B | 45.8B | 32.6B | |
Good Will | 33.8B | 38.2B | 38.3B | 38.5B | 58.7B | 61.6B | |
Intangible Assets | 1.6B | 3.6B | 2.6B | 1.8B | 11.2B | 11.8B | |
Other Assets | 11.1B | 14.3B | 14.4B | 12.6B | 14.5B | 15.2B | |
Property Plant Equipment | 3.4B | 2.3B | 2.0B | 2.1B | 1.9B | 2.6B | |
Other Liab | 19.4B | 41.9B | 20.2B | 18.8B | 21.6B | 22.7B | |
Long Term Debt | 11.6B | 9.0B | 8.4B | 6.7B | 19.6B | 15.6B | |
Net Tangible Assets | 2.5B | 41.3B | (1.1B) | 4B | 3.6B | 3.4B | |
Retained Earnings Total Equity | (5.9B) | (2.8B) | (654M) | (1.3B) | (1.2B) | (1.1B) | |
Long Term Debt Total | 11.6B | 9.0B | 8.4B | 6.7B | 6.0B | 5.7B |
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
0.72 | EHGO | Eshallgo Class A Downward Rally | PairCorr |
Moving against Cisco Stock
0.79 | ACLS | Axcelis Technologies | PairCorr |
0.79 | ASYS | Amtech Systems Fiscal Year End 12th of December 2024 | PairCorr |
0.73 | ICG | Intchains Group | PairCorr |
0.73 | TER | Teradyne | PairCorr |
0.71 | KLAC | KLA Tencor | PairCorr |
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.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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.