Despegar Research Development vs Operating Income Analysis
DESP Stock | USD 18.49 0.78 4.40% |
Despegar Corp financial indicator trend analysis is much more than just examining Despegar Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Despegar Corp is a good investment. Please check the relationship between Despegar Corp Research Development and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Despegar Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.
Research Development vs Operating Income
Research Development vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Despegar Corp Research Development account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Despegar Corp's Research Development and Operating Income is 0.26. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of Despegar Corp, assuming nothing else is changed. The correlation between historical values of Despegar Corp's Research Development and Operating Income 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 Despegar Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., Despegar Corp's Research Development and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Research Development
Operating Income
Operating Income is the amount of profit realized from Despegar Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Despegar Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Despegar Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Despegar Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Despegar Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.At this time, Despegar Corp's Tax Provision is relatively stable compared to the past year. As of 11/22/2024, Selling General Administrative is likely to grow to about 90.4 M, while Enterprise Value Over EBITDA is likely to drop 4.62.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 39.5M | 41.1M | 43.4M | 28.9M | Interest Income | 6.0M | 18.0M | 15.3M | 10.1M |
Despegar Corp fundamental ratios Correlations
Click cells to compare fundamentals
Despegar Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Despegar Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 767.8M | 844.7M | 823.7M | 804.2M | 898.3M | 774.9M | |
Short Long Term Debt Total | 26.8M | 53.2M | 54.6M | 58.3M | 53.8M | 36.1M | |
Other Current Liab | 150.0M | 50.9M | 73.4M | 185.4M | 146.1M | 132.8M | |
Total Current Liabilities | 444.1M | 385.5M | 473.8M | 564.5M | 671.1M | 474.7M | |
Total Stockholder Equity | 194.2M | 92.9M | (29.5M) | (127.2M) | 9.0M | 8.5M | |
Other Liab | 127.2M | 131.7M | 180.4M | 174.5M | 200.7M | 164.0M | |
Net Tangible Assets | 173.9M | 97.7M | (126.0M) | (239.9M) | (215.9M) | (205.1M) | |
Property Plant And Equipment Net | 29.1M | 54.2M | 41.8M | 38.0M | 38.4M | 32.5M | |
Current Deferred Revenue | 8.9M | 9.3M | 13.6M | 23.3M | 31.8M | 16.7M | |
Net Debt | (282.4M) | (281.3M) | (191.5M) | (160.9M) | (129.3M) | (135.7M) | |
Retained Earnings | (326.5M) | (468.0M) | (572.6M) | (643.3M) | (618.8M) | (649.8M) | |
Accounts Payable | 261.4M | 261.6M | 315.1M | 345.5M | 407.3M | 281.9M | |
Cash | 309.2M | 334.4M | 246.1M | 219.2M | 183.1M | 267.4M | |
Non Current Assets Total | 151.4M | 342.4M | 336.8M | 339.1M | 361.1M | 236.8M | |
Non Currrent Assets Other | 25.4M | 72.0M | 14.9M | 8.2M | 5.1M | 4.8M | |
Other Assets | 12.8M | 25.4M | 71.8M | 81.9M | 94.2M | 98.9M | |
Cash And Short Term Investments | 309.2M | 334.4M | 246.1M | 219.2M | 214.6M | 276.1M | |
Net Receivables | 233.1M | 88.0M | 148.2M | 158.1M | 200.0M | 181.6M | |
Good Will | 47.3M | 117.8M | 122.4M | 138.6M | 150.8M | 89.1M | |
Common Stock Total Equity | 253.5M | 255.3M | 261.6M | 265.7M | 305.6M | 190.0M | |
Common Stock Shares Outstanding | 69.5M | 73.0M | 81.6M | 76.8M | 77.2M | 78.9M | |
Liabilities And Stockholders Equity | 767.8M | 844.7M | 823.7M | 804.2M | 898.3M | 774.9M | |
Non Current Liabilities Total | 129.5M | 366.4M | 376.9M | 366.9M | 171.6M | 240.4M | |
Inventory | 4.5M | 16.1M | 33.1M | 25.9M | 1.0 | 0.95 | |
Other Current Assets | 69.7M | 68.4M | 92.8M | 87.9M | 122.6M | 67.0M | |
Other Stockholder Equity | 258.7M | 311.5M | 281.9M | 245.4M | 213.2M | 226.4M | |
Total Liab | 573.6M | 751.9M | 850.6M | 931.3M | 842.7M | 715.1M | |
Property Plant And Equipment Gross | 62.8M | 54.2M | 41.8M | 38.0M | 73.9M | 41.0M | |
Short Long Term Debt | 19.2M | 8.9M | 15.3M | 29.9M | 28.5M | 18.4M | |
Total Current Assets | 616.4M | 502.3M | 487.0M | 465.1M | 537.3M | 538.1M | |
Accumulated Other Comprehensive Income | 447K | (16.4M) | (18.6M) | (16.8M) | (12.4M) | (11.8M) | |
Short Term Debt | 23.8M | 17.5M | 23.2M | 42.1M | 34.6M | 23.2M | |
Intangible Assets | 49.6M | 98.4M | 88.5M | 91.5M | 90.4M | 67.2M | |
Common Stock | 261.6M | 265.7M | 279.9M | 287.6M | 292.2M | 231.7M | |
Property Plant Equipment | 19.7M | 62.8M | 58.7M | 44.5M | 51.2M | 36.3M | |
Non Current Liabilities Other | 5.3M | 66.3M | 63.3M | 51.4M | 17.4M | 32.4M | |
Net Invested Capital | 213.4M | 112.2M | (2.8M) | (92.1M) | (95.0M) | (90.3M) | |
Net Working Capital | 175.6M | 116.8M | 13.2M | (99.4M) | (133.8M) | (127.1M) |
Pair Trading with Despegar Corp
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 Despegar Corp 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 Despegar Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Despegar Stock
Moving against Despegar Stock
The ability to find closely correlated positions to Despegar Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Despegar Corp 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 Despegar Corp - 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 Despegar Corp to buy it.
The correlation of Despegar Corp 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 Despegar Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Despegar Corp 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 Despegar Corp 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.Additional Tools for Despegar Stock Analysis
When running Despegar Corp's price analysis, check to measure Despegar Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Despegar Corp is operating at the current time. Most of Despegar Corp's value examination focuses on studying past and present price action to predict the probability of Despegar Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Despegar Corp's price. Additionally, you may evaluate how the addition of Despegar Corp to your portfolios can decrease your overall portfolio volatility.