Kyndryl Cost Of Revenue vs Tax Provision Analysis
| KD Stock | USD 32.49 3.96 13.88% |
Kyndryl Holdings financial indicator trend analysis is infinitely more than just investigating Kyndryl Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kyndryl Holdings is a good investment. Please check the relationship between Kyndryl Holdings Cost Of Revenue and its Tax Provision accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kyndryl Holdings. 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 information on how to trade Kyndryl Stock refer to our How to Trade Kyndryl Stock guide.
Cost Of Revenue vs Tax Provision
Cost Of Revenue vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kyndryl Holdings Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kyndryl Holdings' Cost Of Revenue and Tax Provision is 0.24. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Kyndryl Holdings, assuming nothing else is changed. The correlation between historical values of Kyndryl Holdings' Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Kyndryl Holdings are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Kyndryl Holdings' Cost Of Revenue and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Kyndryl Holdings income statement and represents the costs associated with goods and services Kyndryl Holdings 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.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.Most indicators from Kyndryl Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kyndryl Holdings 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kyndryl Holdings. 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 information on how to trade Kyndryl Stock refer to our How to Trade Kyndryl Stock guide.At present, Kyndryl Holdings' Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 6.70, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.15.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 64M | 94M | 122M | 92.4M | Depreciation And Amortization | 1.7B | 1.4B | 1.2B | 1.3B |
Kyndryl Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Kyndryl Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kyndryl Holdings. 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 information on how to trade Kyndryl Stock refer to our How to Trade Kyndryl Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is IT Consulting & Other Services 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 Kyndryl Holdings. If investors know Kyndryl 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 Kyndryl Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 66.373 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0205 | Return On Equity (0.08) |
The market value of Kyndryl Holdings is measured differently than its book value, which is the value of Kyndryl that is recorded on the company's balance sheet. Investors also form their own opinion of Kyndryl Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kyndryl Holdings' 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 Kyndryl Holdings' market value can be influenced by many factors that don't directly affect Kyndryl Holdings' 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 Kyndryl Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kyndryl Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kyndryl Holdings' 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.