Marin Non Operating Income Net Other vs Gross Profit Analysis
MRIN Stock | USD 2.24 0.04 1.75% |
Marin Software financial indicator trend analysis is infinitely more than just investigating Marin Software recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marin Software is a good investment. Please check the relationship between Marin Software Non Operating Income Net Other and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marin Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Marin Stock, please use our How to Invest in Marin Software guide.
Non Operating Income Net Other vs Gross Profit
Non Operating Income Net Other vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marin Software Non Operating Income Net Other account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Marin Software's Non Operating Income Net Other and Gross Profit is -0.23. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Marin Software, assuming nothing else is changed. The correlation between historical values of Marin Software's Non Operating Income Net Other and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Marin Software are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Non Operating Income Net Other i.e., Marin Software's Non Operating Income Net Other and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Operating Income Net Other
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Marin Software minus its cost of goods sold. It is profit before Marin Software 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.Most indicators from Marin Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marin Software 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 Marin Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Marin Stock, please use our How to Invest in Marin Software guide.At this time, Marin Software's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 320 K, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.5M | 7.2M | 6.1M | 5.8M | Total Revenue | 24.4M | 20.0M | 17.7M | 16.8M |
Marin Software fundamental ratios Correlations
Click cells to compare fundamentals
Marin Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marin Software fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 6.4M | 1.2M | 2.1M | 2.6M | 2.9M | 3.6M | |
Total Assets | 42.3M | 37.0M | 59.8M | 42.1M | 19.3M | 18.3M | |
Short Long Term Debt Total | 9.0M | 11.9M | 5.3M | 3.8M | 1.9M | 1.8M | |
Other Current Liab | 6.5M | 4.5M | 5.5M | 388K | (247K) | (234.7K) | |
Total Current Liabilities | 14.5M | 16.1M | 11.4M | 6.2M | 4.3M | 4.1M | |
Total Stockholder Equity | 21.1M | 15.8M | 46.3M | 32.7M | 13.6M | 13.0M | |
Other Liab | 1.6M | 1.8M | 1.1M | 1.0M | 1.2M | 1.1M | |
Property Plant And Equipment Net | 16.2M | 13.2M | 5.3M | 7.1M | 2.0M | 1.9M | |
Current Deferred Revenue | 2.6M | 2.1M | 334K | 1.0M | 636K | 1.0M | |
Net Debt | (2.2M) | (2.3M) | (41.5M) | (24.1M) | (9.5M) | (9.9M) | |
Retained Earnings | (277.1M) | (291.2M) | (304.1M) | (322.3M) | (344.3M) | (327.0M) | |
Accounts Payable | 1.7M | 928K | 975K | 1.0M | 664K | 630.8K | |
Cash | 11.1M | 14.3M | 46.8M | 28.0M | 11.4M | 10.8M | |
Non Current Assets Total | 17.7M | 14.1M | 5.8M | 7.6M | 2.5M | 2.4M | |
Non Currrent Assets Other | 1.4M | 873K | 535K | 533K | 508K | 886.6K | |
Other Assets | 1.4M | 8.6M | 535K | 533K | 1.0 | 0.95 | |
Cash And Short Term Investments | 11.1M | 14.3M | 46.8M | 28.0M | 11.4M | 10.8M | |
Net Receivables | 8.9M | 5.1M | 4.6M | 4.5M | 3.9M | 3.7M | |
Liabilities And Stockholders Equity | 42.3M | 37.0M | 59.8M | 42.1M | 19.3M | 18.3M | |
Non Current Liabilities Total | 6.8M | 5.1M | 2.2M | 3.2M | 1.4M | 1.3M | |
Other Current Assets | 4.5M | 3.6M | 2.5M | 2.0M | 1.5M | 1.5M | |
Other Stockholder Equity | 299.3M | 308.1M | 351.4M | 356.0M | 358.9M | 279.3M | |
Total Liab | 21.2M | 21.2M | 13.6M | 9.4M | 5.7M | 5.4M | |
Property Plant And Equipment Gross | 16.2M | 13.2M | 5.3M | 7.1M | 55.6M | 58.3M | |
Total Current Assets | 24.6M | 22.9M | 54.0M | 34.5M | 16.8M | 15.9M | |
Accumulated Other Comprehensive Income | (1.1M) | (1.1M) | (1.0M) | (965K) | (997K) | (1.0M) | |
Short Term Debt | 3.8M | 8.7M | 4.2M | 3.3M | 3.0M | 3.4M | |
Common Stock | 7K | 10K | 15K | 17K | 18K | 15.5K | |
Property Plant Equipment | 8.5M | 5.5M | 5.3M | 7.1M | 6.4M | 9.4M | |
Net Tangible Assets | 21.0M | 15.8M | 46.3M | 32.7M | 29.4M | 40.8M | |
Retained Earnings Total Equity | (227.7M) | (264.7M) | (277.1M) | (291.2M) | (262.0M) | (275.1M) | |
Long Term Debt Total | 1.7M | 549K | 12K | 1.5M | 1.3M | 1.1M | |
Capital Surpluse | 291.2M | 295.1M | 299.3M | 308.1M | 354.3M | 307.7M | |
Non Current Liabilities Other | 6.8M | 3.6M | 1.1M | 1.0M | 1.0M | 951.0K | |
Capital Lease Obligations | 9.6M | 8.6M | 2.0M | 3.8M | 1.9M | 3.5M |
Pair Trading with Marin Software
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 Marin Software 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 Marin Software will appreciate offsetting losses from the drop in the long position's value.Moving against Marin Stock
0.81 | DUOL | Duolingo | PairCorr |
0.74 | DOCU | DocuSign Earnings Call This Week | PairCorr |
0.73 | BL | Blackline | PairCorr |
0.73 | DUOT | Duos Technologies | PairCorr |
0.68 | DSGX | Descartes Systems Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Marin Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marin Software 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 Marin Software - 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 Marin Software to buy it.
The correlation of Marin Software 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 Marin Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marin Software 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 Marin Software 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marin Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Marin Stock, please use our How to Invest in Marin Software guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Application Software 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 Marin Software. If investors know Marin 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 Marin Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.93) | Revenue Per Share 5.443 | Quarterly Revenue Growth (0.04) | Return On Assets (0.36) | Return On Equity (0.92) |
The market value of Marin Software is measured differently than its book value, which is the value of Marin that is recorded on the company's balance sheet. Investors also form their own opinion of Marin Software's value that differs from its market value or its book value, called intrinsic value, which is Marin Software's 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 Marin Software's market value can be influenced by many factors that don't directly affect Marin Software's 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 Marin Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marin Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marin Software's 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.