Godaddy Other Operating Expenses vs Cost Of Revenue Analysis

GDDY Stock  USD 197.57  0.28  0.14%   
Godaddy financial indicator trend analysis is much more than just examining Godaddy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godaddy is a good investment. Please check the relationship between Godaddy Other Operating Expenses and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.

Other Operating Expenses vs Cost Of Revenue

Other Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godaddy Other Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Godaddy's Other Operating Expenses and Cost Of Revenue is 0.98. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Godaddy, assuming nothing else is changed. The correlation between historical values of Godaddy's Other Operating Expenses and Cost Of 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 Other Operating Expenses of Godaddy are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Other Operating Expenses i.e., Godaddy's Other Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Godaddy. It is also known as Godaddy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Godaddy income statement and represents the costs associated with goods and services Godaddy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Godaddy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godaddy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.At this time, Godaddy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 37.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 300.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense126M146.3M179M99.9M
Depreciation And Amortization199.6M194.6M171.3M187.7M

Godaddy fundamental ratios Correlations

0.720.670.740.63-0.180.610.590.59-0.260.390.620.730.890.620.550.740.30.680.130.420.360.660.320.650.57
0.720.970.880.99-0.710.760.980.89-0.590.770.840.990.760.840.871.00.510.990.020.760.810.990.570.940.87
0.670.970.790.97-0.790.680.970.96-0.720.760.750.970.80.750.880.980.590.990.030.840.830.990.50.880.93
0.740.880.790.86-0.530.820.810.66-0.250.540.80.860.590.810.630.880.220.840.140.480.560.850.490.830.7
0.630.990.970.86-0.790.760.990.89-0.620.790.810.980.690.820.870.980.520.990.010.790.840.990.580.920.89
-0.18-0.71-0.79-0.53-0.79-0.5-0.81-0.790.8-0.75-0.51-0.71-0.39-0.51-0.78-0.73-0.62-0.790.06-0.87-0.86-0.79-0.46-0.65-0.82
0.610.760.680.820.76-0.50.740.51-0.220.450.870.710.430.870.550.760.260.730.30.410.540.740.40.840.64
0.590.980.970.810.99-0.810.740.9-0.670.810.80.970.680.810.880.970.570.98-0.010.820.860.990.580.920.89
0.590.890.960.660.89-0.790.510.9-0.810.750.540.930.810.540.870.910.610.93-0.110.880.830.920.520.710.9
-0.26-0.59-0.72-0.25-0.620.8-0.22-0.67-0.81-0.81-0.24-0.64-0.58-0.24-0.86-0.61-0.63-0.670.43-0.95-0.88-0.65-0.59-0.43-0.71
0.390.770.760.540.79-0.750.450.810.75-0.810.530.780.530.540.930.760.610.77-0.450.870.940.780.80.680.62
0.620.840.750.80.81-0.510.870.80.54-0.240.530.750.51.00.620.820.330.80.350.470.560.80.290.970.68
0.730.990.970.860.98-0.710.710.970.93-0.640.780.750.790.760.880.990.50.98-0.070.790.820.980.610.870.87
0.890.760.80.590.69-0.390.430.680.81-0.580.530.50.790.510.70.790.530.770.020.670.520.740.320.620.72
0.620.840.750.810.82-0.510.870.810.54-0.240.541.00.760.510.630.820.330.80.340.470.570.810.310.970.68
0.550.870.880.630.87-0.780.550.880.87-0.860.930.620.880.70.630.860.520.88-0.360.950.960.880.760.760.81
0.741.00.980.880.98-0.730.760.970.91-0.610.760.820.990.790.820.860.540.990.050.780.80.990.540.920.89
0.30.510.590.220.52-0.620.260.570.61-0.630.610.330.50.530.330.520.540.570.150.620.540.560.10.490.48
0.680.990.990.840.99-0.790.730.980.93-0.670.770.80.980.770.80.880.990.570.050.820.831.00.520.910.91
0.130.020.030.140.010.060.3-0.01-0.110.43-0.450.35-0.070.020.34-0.360.050.150.05-0.31-0.380.03-0.740.230.1
0.420.760.840.480.79-0.870.410.820.88-0.950.870.470.790.670.470.950.780.620.82-0.310.930.810.620.640.85
0.360.810.830.560.84-0.860.540.860.83-0.880.940.560.820.520.570.960.80.540.83-0.380.930.840.780.710.77
0.660.990.990.850.99-0.790.740.990.92-0.650.780.80.980.740.810.880.990.561.00.030.810.840.540.920.91
0.320.570.50.490.58-0.460.40.580.52-0.590.80.290.610.320.310.760.540.10.52-0.740.620.780.540.40.4
0.650.940.880.830.92-0.650.840.920.71-0.430.680.970.870.620.970.760.920.490.910.230.640.710.920.40.79
0.570.870.930.70.89-0.820.640.890.9-0.710.620.680.870.720.680.810.890.480.910.10.850.770.910.40.79
Click cells to compare fundamentals

Godaddy Account Relationship Matchups

Godaddy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding181.7M168.6M171.1M161.5M151.5M150.2M
Total Assets6.3B6.4B7.4B7.0B7.6B5.8B
Short Long Term Debt Total2.6B3.3B4.0B3.9B3.9B2.6B
Other Current Liab366M447.7M364.8M280.6M356.9M302.8M
Total Current Liabilities2.0B2.3B2.4B2.5B2.7B1.9B
Total Stockholder Equity772M(12.9M)81.7M(331.8M)62.2M59.1M
Property Plant And Equipment Net455.2M399.3M329.2M309.7M246.1M307.7M
Current Deferred Revenue1.5B1.7B1.9B2.0B2.1B1.5B
Net Debt1.5B2.5B2.8B3.2B3.5B1.9B
Retained Earnings(153.5M)(1.2B)(1.5B)(2.4B)(2.3B)(2.2B)
Accounts Payable72.3M51M85.2M130.9M148.1M155.5M
Cash1.1B765.2M1.3B774M458.8M645.3M
Non Current Assets Total4.7B5.1B5.5B5.4B6.3B4.6B
Non Currrent Assets Other196.5M212.1M272.6M292.1M261.5M181.6M
Cash And Short Term Investments1.1B765.2M1.3B774M498.8M655.9M
Net Receivables30.2M41.8M63.6M60.1M76.6M80.4M
Good Will3.0B3.3B3.5B3.5B3.6B2.8B
Short Term Investments23.6M2M24.7M173M40M28.9M
Liabilities And Stockholders Equity6.3B6.4B7.4B7.0B7.6B5.8B
Non Current Liabilities Total3.5B4.1B4.9B4.8B4.8B3.4B
Inventory409.8M423.5M460.6M476.7M(127.2M)(120.8M)
Other Current Assets48.9M484.3M570.5M748.5M680.5M714.5M
Other Stockholder Equity1.0B1.3B1.6B1.9B2.3B2.4B
Total Liab5.5B6.4B7.3B7.3B7.5B5.3B
Property Plant And Equipment Gross455.2M399.3M220M225.6M811M851.6M
Total Current Assets1.6B1.3B1.9B1.6B1.3B1.2B
Accumulated Other Comprehensive Income(78.2M)(131M)(38.6M)178M111.2M116.8M
Short Term Debt18.4M65.8M61M51.5M47M26.9M
Intangible Assets1.1B1.3B1.4B1.3B1.2B1.2B
Other Liab948.3M873.7M896.3M913.6M1.1B865.3M
Other Assets196.5M212.1M272.6M251.6M289.3M223.0M
Long Term Debt2.4B3.1B3.9B3.8B3.8B2.6B
Property Plant Equipment258.6M257.3M329.2M225.6M259.4M278.1M
Net Tangible Assets(2.5B)(3.7B)(4.8B)555M499.5M524.5M
Deferred Long Term Liab100.9M92M181.4M56.2M50.6M48.1M
Short Long Term Debt18.4M24.3M24.1M18.2M17.9M16.4M
Noncontrolling Interest In Consolidated Entity10.1M1.1M1.5M2.5M2.3M2.1M
Retained Earnings Total Equity(153.5M)(1.2B)(1.5B)(2.4B)(2.2B)(2.1B)

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 Godaddy Stock Analysis

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