EBay Gross Profit vs Operating Income Analysis

EBAY Stock  USD 64.99  1.75  2.77%   
EBay financial indicator trend analysis is much more than just examining eBay Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether eBay Inc is a good investment. Please check the relationship between EBay Gross Profit and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eBay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of eBay Inc Gross Profit account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between EBay's Gross Profit and Operating Income is 0.71. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of eBay Inc, assuming nothing else is changed. The correlation between historical values of EBay's Gross Profit 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 Gross Profit of eBay Inc 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 Gross Profit i.e., EBay's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of eBay Inc minus its cost of goods sold. It is profit before EBay operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from eBay Inc 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 eBay Inc 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 EBay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into eBay Inc 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 eBay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, EBay's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 978.6 M in 2024, whereas Discontinued Operations is likely to drop slightly above 5.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit7.8B7.1B7.3B6.1B
Total Revenue10.4B9.8B10.1B8.2B

EBay fundamental ratios Correlations

0.180.880.920.890.91-0.330.170.780.850.860.040.850.85-0.580.030.290.320.810.150.940.080.620.620.590.21
0.18-0.17-0.06-0.240.240.810.430.56-0.210.510.290.3-0.3-0.650.910.49-0.50.670.04-0.070.680.69-0.520.760.46
0.88-0.170.990.860.82-0.60.00.530.890.55-0.060.670.98-0.24-0.30.20.450.610.150.96-0.220.280.670.26-0.02
0.92-0.060.990.860.85-0.520.070.580.890.63-0.050.720.96-0.32-0.210.210.390.690.160.97-0.080.360.640.340.04
0.89-0.240.860.860.75-0.650.00.530.910.65-0.110.730.9-0.34-0.350.020.530.460.140.92-0.150.350.840.280.08
0.910.240.820.850.75-0.250.210.810.770.780.230.740.77-0.70.110.440.210.820.210.850.020.730.570.710.13
-0.330.81-0.6-0.52-0.65-0.250.460.08-0.660.060.26-0.17-0.72-0.350.90.3-0.730.190.13-0.540.580.34-0.850.40.49
0.170.430.00.070.00.210.460.15-0.010.230.40.39-0.11-0.550.560.14-0.850.340.680.10.430.49-0.20.50.79
0.780.560.530.580.530.810.080.150.560.820.230.730.45-0.820.420.510.140.840.10.630.20.870.290.850.28
0.85-0.210.890.890.910.77-0.66-0.010.560.56-0.030.720.9-0.34-0.310.080.480.50.180.92-0.150.350.830.29-0.02
0.860.510.550.630.650.780.060.230.820.560.160.670.49-0.750.40.40.130.850.030.630.390.780.360.740.24
0.040.29-0.06-0.05-0.110.230.260.40.23-0.030.16-0.01-0.14-0.460.390.75-0.40.220.03-0.04-0.050.41-0.060.370.06
0.850.30.670.720.730.74-0.170.390.730.720.67-0.010.64-0.610.120.130.050.720.340.830.20.670.450.680.54
0.85-0.30.980.960.90.77-0.72-0.110.450.90.49-0.140.64-0.15-0.440.080.560.50.080.95-0.280.180.760.16-0.1
-0.58-0.65-0.24-0.32-0.34-0.7-0.35-0.55-0.82-0.34-0.75-0.46-0.61-0.15-0.65-0.50.3-0.71-0.39-0.38-0.4-0.99-0.14-0.94-0.53
0.030.91-0.3-0.21-0.350.110.90.560.42-0.310.40.390.12-0.44-0.650.48-0.670.510.24-0.220.570.65-0.60.680.54
0.290.490.20.210.020.440.30.140.510.080.40.750.130.08-0.50.48-0.130.55-0.050.17-0.040.52-0.130.530.0
0.32-0.50.450.390.530.21-0.73-0.850.140.480.13-0.40.050.560.3-0.67-0.13-0.06-0.50.39-0.44-0.240.61-0.28-0.62
0.810.670.610.690.460.820.190.340.840.50.850.220.720.5-0.710.510.55-0.060.120.660.360.770.120.80.3
0.150.040.150.160.140.210.130.680.10.180.030.030.340.08-0.390.24-0.05-0.50.120.210.010.320.010.320.68
0.94-0.070.960.970.920.85-0.540.10.630.920.63-0.040.830.95-0.38-0.220.170.390.660.21-0.130.420.690.410.15
0.080.68-0.22-0.08-0.150.020.580.430.2-0.150.39-0.050.2-0.28-0.40.57-0.04-0.440.360.01-0.130.39-0.310.40.35
0.620.690.280.360.350.730.340.490.870.350.780.410.670.18-0.990.650.52-0.240.770.320.420.390.140.980.5
0.62-0.520.670.640.840.57-0.85-0.20.290.830.36-0.060.450.76-0.14-0.6-0.130.610.120.010.69-0.310.140.04-0.28
0.590.760.260.340.280.710.40.50.850.290.740.370.680.16-0.940.680.53-0.280.80.320.410.40.980.040.53
0.210.46-0.020.040.080.130.490.790.28-0.020.240.060.54-0.1-0.530.540.0-0.620.30.680.150.350.5-0.280.53
Click cells to compare fundamentals

EBay Account Relationship Matchups

EBay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.7B19.3B26.6B20.9B21.6B19.0B
Short Long Term Debt Total8.2B8.1B9.3B9.3B8.2B4.8B
Other Current Liab2.4B3.4B2.4B2.5B3.1B3.3B
Total Current Liabilities3.8B4.0B4.6B4.3B4.5B4.3B
Total Stockholder Equity2.7B3.6B9.8B5.2B6.4B9.5B
Property Plant And Equipment Net2.1B1.9B1.5B1.8B1.7B1.4B
Net Debt7.3B6.7B7.9B7.1B6.2B6.5B
Retained Earnings17.6B23.0B36.1B34.3B36.5B38.4B
Accounts Payable251M278M262M261M267M201.8M
Cash923M1.4B1.4B2.2B2.0B2.6B
Non Current Assets Total13.2B12.1B17.5B11.6B10.6B10.6B
Non Currrent Assets Other414M1.2B583M581M265M479.6M
Cash And Short Term Investments2.8B3.8B7.3B7.5B9.0B4.9B
Net Receivables691M652M779M975M1.2B1.1B
Common Stock Shares Outstanding856M718M652M558M533M506.4M
Liabilities And Stockholders Equity17.7B19.3B26.6B20.9B21.6B19.0B
Non Current Liabilities Total11.2B11.7B12.2B11.4B10.7B11.2B
Other Current Assets1.1B3.0B1.0B966M795M854.6M
Other Stockholder Equity(15.3B)(20.0B)(26.7B)(29.4B)(30.3B)(28.8B)
Total Liab15.0B15.7B16.8B15.7B15.2B9.5B
Property Plant And Equipment Gross2.1B1.9B1.5B1.8B6.9B7.3B
Total Current Assets4.6B7.2B9.1B9.3B11.0B8.4B
Accumulated Other Comprehensive Income387M616M398M259M185M175.8M
Short Term Debt1.0B160M1.5B1.3B868M623.1M
Intangible Assets62M12M8M115M114M108.3M
Short Term Investments1.9B2.4B5.9B5.3B7.0B7.4B
Other Liab4.0B3.6B4.3B3.3B3.8B4.0B
Other Assets5.6B6.1B3.8B3.6B4.2B4.4B
Long Term Debt6.7B7.7B7.7B7.7B7.0B4.7B
Good Will4.9B4.7B4.2B4.3B4.3B5.8B
Property Plant Equipment2.0B1.4B1.5B1.2B1.4B1.5B
Treasury Stock(31.4B)(36.5B)(43.4B)(46.7B)(42.0B)(39.9B)
Net Tangible Assets(1.7B)3.5B5.6B891M801.9M761.8M
Long Term Debt Total6.7B7.7B7.7B7.7B8.9B7.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for EBay Stock Analysis

When running EBay's price analysis, check to measure EBay'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 EBay is operating at the current time. Most of EBay's value examination focuses on studying past and present price action to predict the probability of EBay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EBay's price. Additionally, you may evaluate how the addition of EBay to your portfolios can decrease your overall portfolio volatility.