Fastly Selling And Marketing Expenses vs Income Before Tax Analysis

FSLY Stock  USD 8.48  0.56  7.07%   
Fastly financial indicator trend analysis is much more than just examining Fastly Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fastly Inc is a good investment. Please check the relationship between Fastly Selling And Marketing Expenses and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastly 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 bureau of economic analysis.

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 Fastly Inc Selling And Marketing Expenses account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Fastly's Selling And Marketing Expenses and Income Before Tax is -0.92. 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 Fastly Inc, assuming nothing else is changed. The correlation between historical values of Fastly's 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 Fastly Inc 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., Fastly's Selling And Marketing Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Selling And Marketing Expenses

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Fastly income statement and is an important metric when analyzing Fastly Inc 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 Fastly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fastly 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 Fastly 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 bureau of economic analysis.
Tax Provision is likely to rise to about 22.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 86.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.2M5.9M4.1M3.9M
Depreciation And Amortization56.3M102.9M110.3M115.8M

Fastly fundamental ratios Correlations

0.93-0.120.970.960.760.810.990.910.92-0.860.740.971.00.80.770.90.980.870.970.850.940.970.920.810.93
0.93-0.150.850.790.590.630.890.81.0-0.760.580.980.910.650.620.770.970.730.820.670.830.960.760.960.77
-0.12-0.150.0-0.070.250.07-0.050.15-0.14-0.29-0.32-0.18-0.180.240.29-0.43-0.080.22-0.150.2-0.06-0.050.01-0.210.11
0.970.850.00.960.860.81.00.940.84-0.920.630.920.960.90.870.830.940.950.980.890.970.930.940.710.95
0.960.79-0.070.960.80.910.960.890.77-0.840.80.860.960.830.80.910.890.880.980.940.910.90.950.610.96
0.760.590.250.860.80.620.830.940.57-0.960.450.690.750.991.00.590.710.890.830.750.880.710.910.450.91
0.810.630.070.80.910.620.80.710.62-0.670.810.660.810.670.630.810.760.720.810.960.670.790.790.40.85
0.990.89-0.051.00.960.830.80.940.87-0.910.680.940.980.870.840.860.960.930.980.880.970.950.940.750.95
0.910.80.150.940.890.940.710.940.78-0.980.620.870.90.940.950.740.870.910.920.810.960.860.970.680.97
0.921.0-0.140.840.770.570.620.870.78-0.750.570.970.90.630.60.760.970.720.810.660.810.950.740.970.76
-0.86-0.76-0.29-0.92-0.84-0.96-0.67-0.91-0.98-0.75-0.48-0.82-0.84-0.97-0.97-0.62-0.84-0.94-0.87-0.81-0.92-0.83-0.92-0.64-0.94
0.740.58-0.320.630.80.450.810.680.620.57-0.480.640.780.450.430.880.630.480.750.690.630.620.740.440.73
0.970.98-0.180.920.860.690.660.940.870.97-0.820.640.960.730.710.830.980.810.910.720.920.950.850.920.84
1.00.91-0.180.960.960.750.810.980.90.9-0.840.780.960.790.760.920.960.850.980.840.940.950.930.80.92
0.80.650.240.90.830.990.670.870.940.63-0.970.450.730.791.00.630.770.910.850.80.890.780.920.50.93
0.770.620.290.870.81.00.630.840.950.6-0.970.430.710.761.00.580.730.90.830.770.880.740.910.480.92
0.90.77-0.430.830.910.590.810.860.740.76-0.620.880.830.920.630.580.840.650.910.750.80.830.850.640.82
0.980.97-0.080.940.890.710.760.960.870.97-0.840.630.980.960.770.730.840.830.910.810.891.00.850.880.87
0.870.730.220.950.880.890.720.930.910.72-0.940.480.810.850.910.90.650.830.90.880.930.830.880.580.9
0.970.82-0.150.980.980.830.810.980.920.81-0.870.750.910.980.850.830.910.910.90.870.970.90.960.680.95
0.850.670.20.890.940.750.960.880.810.66-0.810.690.720.840.80.770.750.810.880.870.780.830.840.450.9
0.940.83-0.060.970.910.880.670.970.960.81-0.920.630.920.940.890.880.80.890.930.970.780.860.950.720.93
0.970.96-0.050.930.90.710.790.950.860.95-0.830.620.950.950.780.740.831.00.830.90.830.860.850.850.88
0.920.760.010.940.950.910.790.940.970.74-0.920.740.850.930.920.910.850.850.880.960.840.950.850.610.99
0.810.96-0.210.710.610.450.40.750.680.97-0.640.440.920.80.50.480.640.880.580.680.450.720.850.610.61
0.930.770.110.950.960.910.850.950.970.76-0.940.730.840.920.930.920.820.870.90.950.90.930.880.990.61
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Fastly Account Relationship Matchups

Fastly fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets327.0M1.2B2.2B1.9B1.5B1.2B
Short Long Term Debt Total29.6M90.5M1.1B833.5M433.3M395.2M
Other Current Liab27.7M893K5.9M6.8M24.5M25.7M
Total Current Liabilities37.1M94.1M125.0M152.3M147.7M95.3M
Total Stockholder Equity257.7M1.0B1.0B955.2M979.5M624.1M
Other Liab1.0M4.4M2.6M7.1M8.1M8.5M
Net Tangible Assets247.7M304.5M274.6M156.6M180.1M134.3M
Property Plant And Equipment Net60.0M156.0M229.7M248.8M231.8M158.0M
Current Deferred Revenue317K15.9M26.4M28.0M33.8M35.5M
Net Debt13.5M27.6M885.9M690.1M325.4M306.4M
Retained Earnings(192.0M)(288.2M)(510.9M)(701.7M)(834.8M)(793.0M)
Accounts Payable4.6M9.2M9.3M4.8M5.6M6.3M
Cash16.1M62.9M166.1M143.4M107.9M88.7M
Non Current Assets Total75.2M901.3M1.5B1.3B1.1B771.7M
Non Currrent Assets Other13.7M45.4M29.5M92.6M90.8M95.3M
Other Assets10.1M45.4M29.5M92.6M106.5M111.8M
Long Term Debt39.4M20.1M933.2M704.7M343.5M378.4M
Cash And Short Term Investments131.1M194.2M527.9M518.0M322.7M287.2M
Net Receivables37.1M50.3M64.6M89.6M120.5M63.8M
Good Will372K578.2M636.8M670.2M670.4M401.8M
Common Stock Shares Outstanding68.4M103.6M116.1M121.7M128.8M109.4M
Short Term Investments115.0M131.3M361.8M374.6M214.8M198.5M
Liabilities And Stockholders Equity327.0M1.2B2.2B1.9B1.5B1.2B
Non Current Liabilities Total32.3M64.0M1.0B788.6M398.0M434.3M
Capital Surpluse16.4M449.5M1.4B1.5B1.8B1.8B
Other Current Assets81.1M16.8M32.2M28.9M20.5M30.6M
Other Stockholder Equity128.5M1.4B1.5B1.7B1.8B1.0B
Total Liab69.4M158.1M1.1B941.0M545.7M529.6M
Net Invested Capital277.7M1.1B1.9B1.7B1.3B959.6M
Property Plant And Equipment Gross60.0M156.0M229.7M248.8M413.6M434.3M
Total Current Assets251.8M261.3M624.6M636.5M463.7M382.0M
Accumulated Other Comprehensive Income196K6K(2.6M)(9.3M)(1.0M)(1.1M)
Non Current Liabilities Other404K64.0M80.0M7.1M4.4M4.2M
Net Working Capital212.2M167.2M492.8M484.2M316.0M285.3M
Short Term Debt4.5M61.9M82.8M104.0M79.5M54.3M

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