ServiceNow Income Before Tax vs Selling General Administrative Analysis

NOW Stock

USD 941.96 19.67 2.13%

ServiceNow financial indicator trend analysis is much more than just breaking down ServiceNow prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ServiceNow is a good investment. Please check the relationship between ServiceNow Income Before Tax and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ServiceNow Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ServiceNow's Income Before Tax and Selling General Administrative is 0.88. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of ServiceNow, assuming nothing else is changed. The correlation between historical values of ServiceNow's Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of ServiceNow are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., ServiceNow's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on ServiceNow income statement and is an important metric when analyzing ServiceNow 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.

Selling General Administrative

Most indicators from ServiceNow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ServiceNow 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 ServiceNow. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.At this time, ServiceNow's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 328.6 M in 2025, whereas Enterprise Value Over EBITDA is likely to drop 72.97 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	5.7B	7.1B	8.7B	9.1B
Total Revenue	7.2B	9.0B	11.0B	11.5B

Gross Profit Total Revenue

ServiceNow fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Common Stock Shares Outstanding		0.65	0.65	0.69	0.56	0.76	0.66	0.67	0.13	0.26	0.58	0.72	0.63	0.58	0.71	0.69	0.69	0.77	0.65	0.8	0.06	0.58	0.74	0.72	0.55	0.68
Total Assets	0.65		0.99	1.0	0.99	0.91	1.0	1.0	-0.46	0.87	0.57	0.97	1.0	0.99	0.82	0.99	1.0	0.56	0.99	0.94	-0.51	0.98	0.99	0.99	0.98	1.0
Other Current Liab	0.65	0.99		0.99	0.97	0.88	0.99	0.98	-0.4	0.85	0.57	0.96	0.99	0.98	0.82	0.98	0.99	0.54	0.97	0.94	-0.51	0.96	0.97	0.98	0.97	0.98
Total Current Liabilities	0.69	1.0	0.99		0.98	0.93	0.99	1.0	-0.41	0.83	0.6	0.97	0.99	0.98	0.82	1.0	1.0	0.59	0.99	0.95	-0.46	0.98	0.99	1.0	0.97	1.0
Total Stockholder Equity	0.56	0.99	0.97	0.98		0.86	0.98	0.98	-0.57	0.93	0.5	0.94	0.99	0.99	0.76	0.97	0.97	0.49	0.97	0.89	-0.61	0.98	0.96	0.96	1.0	0.98
Other Liab	0.76	0.91	0.88	0.93	0.86		0.89	0.92	-0.29	0.63	0.61	0.91	0.88	0.86	0.73	0.93	0.92	0.7	0.93	0.9	-0.3	0.88	0.94	0.93	0.84	0.93
Property Plant And Equipment Net	0.66	1.0	0.99	0.99	0.98	0.89		1.0	-0.44	0.86	0.6	0.97	1.0	0.99	0.84	0.99	1.0	0.56	0.98	0.95	-0.47	0.98	0.98	0.99	0.97	0.99
Current Deferred Revenue	0.67	1.0	0.98	1.0	0.98	0.92	1.0		-0.45	0.85	0.59	0.97	0.99	0.99	0.82	0.99	1.0	0.58	0.99	0.95	-0.48	0.98	0.99	1.0	0.98	1.0
Net Debt	0.13	-0.46	-0.4	-0.41	-0.57	-0.29	-0.44	-0.45		-0.76	0.25	-0.38	-0.49	-0.51	-0.16	-0.42	-0.39	0.03	-0.43	-0.21	0.79	-0.49	-0.38	-0.37	-0.58	-0.43
Retained Earnings	0.26	0.87	0.85	0.83	0.93	0.63	0.86	0.85	-0.76		0.27	0.77	0.89	0.91	0.58	0.82	0.82	0.23	0.83	0.68	-0.8	0.88	0.79	0.8	0.93	0.83
Accounts Payable	0.58	0.57	0.57	0.6	0.5	0.61	0.6	0.59	0.25	0.27		0.52	0.55	0.56	0.49	0.6	0.63	0.47	0.64	0.65	0.18	0.61	0.63	0.62	0.46	0.6
Cash	0.72	0.97	0.96	0.97	0.94	0.91	0.97	0.97	-0.38	0.77	0.52		0.96	0.95	0.9	0.98	0.97	0.63	0.94	0.98	-0.39	0.94	0.97	0.98	0.93	0.98
Non Current Assets Total	0.63	1.0	0.99	0.99	0.99	0.88	1.0	0.99	-0.49	0.89	0.55	0.96		1.0	0.8	0.98	0.99	0.53	0.98	0.93	-0.55	0.98	0.98	0.98	0.99	0.99
Non Currrent Assets Other	0.58	0.99	0.98	0.98	0.99	0.86	0.99	0.99	-0.51	0.91	0.56	0.95	1.0		0.79	0.98	0.98	0.49	0.98	0.91	-0.54	0.99	0.96	0.98	0.99	0.98
Other Assets	0.71	0.82	0.82	0.82	0.76	0.73	0.84	0.82	-0.16	0.58	0.49	0.9	0.8	0.79		0.84	0.82	0.57	0.78	0.92	-0.14	0.79	0.81	0.85	0.75	0.83
Cash And Short Term Investments	0.69	0.99	0.98	1.0	0.97	0.93	0.99	0.99	-0.42	0.82	0.6	0.98	0.98	0.98	0.84		0.99	0.61	0.99	0.96	-0.45	0.98	0.99	1.0	0.96	1.0
Net Receivables	0.69	1.0	0.99	1.0	0.97	0.92	1.0	1.0	-0.39	0.82	0.63	0.97	0.99	0.98	0.82	0.99		0.59	0.99	0.96	-0.44	0.98	0.99	1.0	0.96	1.0
Common Stock Total Equity	0.77	0.56	0.54	0.59	0.49	0.7	0.56	0.58	0.03	0.23	0.47	0.63	0.53	0.49	0.57	0.61	0.59		0.58	0.66	0.02	0.5	0.63	0.61	0.47	0.6
Short Term Investments	0.65	0.99	0.97	0.99	0.97	0.93	0.98	0.99	-0.43	0.83	0.64	0.94	0.98	0.98	0.78	0.99	0.99	0.58		0.92	-0.48	0.98	0.98	0.98	0.96	0.99
Non Current Liabilities Total	0.8	0.94	0.94	0.95	0.89	0.9	0.95	0.95	-0.21	0.68	0.65	0.98	0.93	0.91	0.92	0.96	0.96	0.66	0.92		-0.24	0.91	0.96	0.97	0.87	0.96
Inventory	0.06	-0.51	-0.51	-0.46	-0.61	-0.3	-0.47	-0.48	0.79	-0.8	0.18	-0.39	-0.55	-0.54	-0.14	-0.45	-0.44	0.02	-0.48	-0.24		-0.5	-0.43	-0.41	-0.66	-0.46
Other Current Assets	0.58	0.98	0.96	0.98	0.98	0.88	0.98	0.98	-0.49	0.88	0.61	0.94	0.98	0.99	0.79	0.98	0.98	0.5	0.98	0.91	-0.5		0.96	0.97	0.97	0.98
Other Stockholder Equity	0.74	0.99	0.97	0.99	0.96	0.94	0.98	0.99	-0.38	0.79	0.63	0.97	0.98	0.96	0.81	0.99	0.99	0.63	0.98	0.96	-0.43	0.96		0.99	0.95	0.99
Total Liab	0.72	0.99	0.98	1.0	0.96	0.93	0.99	1.0	-0.37	0.8	0.62	0.98	0.98	0.98	0.85	1.0	1.0	0.61	0.98	0.97	-0.41	0.97	0.99		0.95	1.0
Property Plant And Equipment Gross	0.55	0.98	0.97	0.97	1.0	0.84	0.97	0.98	-0.58	0.93	0.46	0.93	0.99	0.99	0.75	0.96	0.96	0.47	0.96	0.87	-0.66	0.97	0.95	0.95		0.97
Total Current Assets	0.68	1.0	0.98	1.0	0.98	0.93	0.99	1.0	-0.43	0.83	0.6	0.98	0.99	0.98	0.83	1.0	1.0	0.6	0.99	0.96	-0.46	0.98	0.99	1.0	0.97

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ServiceNow Account Relationship Matchups

ServiceNow fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	202.5M	203.2M	203.5M	205.6M	208M	160.7M
Total Assets	8.7B	10.8B	13.3B	17.4B	20.4B	21.4B
Other Current Liab	537.6M	667M	770M	1.2B	1.2B	1.3B
Total Current Liabilities	3.7B	4.9B	6.0B	7.4B	8.4B	8.8B
Total Stockholder Equity	2.8B	3.7B	5.0B	7.6B	9.6B	10.1B
Other Liab	63.5M	80.5M	114M	126M	144.9M	152.1M
Property Plant And Equipment Net	1.1B	1.4B	1.7B	2.1B	2.5B	2.6B
Current Deferred Revenue	3.0B	3.8B	4.7B	5.8B	6.8B	7.2B
Net Debt	458.4M	486M	762M	387M	(1.5B)	(1.4B)
Retained Earnings	(233.7M)	(4M)	338M	2.1B	3.5B	3.7B
Accounts Payable	34.2M	89M	274M	126M	68M	60.2M
Cash	1.7B	1.7B	1.5B	1.9B	2.3B	2.4B
Non Current Assets Total	4.2B	5.6B	6.6B	9.6B	11.2B	11.8B
Non Currrent Assets Other	544.1M	835M	1.1B	1.4B	1.8B	1.9B
Other Assets	988.7M	3.1B	1.5B	1.7B	2.0B	2.1B
Cash And Short Term Investments	3.1B	3.3B	4.3B	4.9B	5.8B	6.1B
Net Receivables	1.0B	1.4B	1.7B	2.0B	2.2B	2.4B
Short Term Investments	1.4B	1.6B	2.8B	3.0B	3.5B	3.6B
Liabilities And Stockholders Equity	8.7B	10.8B	13.3B	17.4B	20.4B	21.4B
Non Current Liabilities Total	2.1B	2.2B	2.3B	2.4B	2.4B	2.5B
Inventory	228.9M	303M	369M	(345M)	(396.8M)	(376.9M)
Other Current Assets	421M	526M	896M	864M	1.2B	1.2B
Other Stockholder Equity	3.0B	3.7B	4.8B	5.6B	6.2B	6.5B
Total Liab	5.9B	7.1B	8.3B	9.8B	10.8B	11.3B
Property Plant And Equipment Gross	1.1B	1.4B	1.7B	3.4B	4.0B	4.2B
Total Current Assets	4.5B	5.2B	6.7B	7.8B	9.2B	9.6B
Accumulated Other Comprehensive Income	94.2M	34M	(102M)	(37M)	(68M)	(64.6M)
Short Term Debt	144.2M	256M	192M	379M	102M	171.2M
Common Stock	189K	196K	3.7B	202.8K	233.2K	221.6K
Property Plant Equipment	468.1M	659.6M	1.4B	1.7B	2.0B	2.1B
Short Long Term Debt Total	2.1B	2.2B	2.2B	2.3B	789M	1.3B
Net Tangible Assets	1.8B	2.4B	2.6B	4.0B	4.6B	4.8B
Long Term Debt	1.6B	1.5B	1.5B	1.5B	1.5B	965.9M
Good Will	240.8M	777M	824M	1.2B	1.3B	1.3B
Retained Earnings Total Equity	(978.8M)	(352.2M)	(233.7M)	(4M)	(3.6M)	(3.8M)
Capital Surpluse	2.5B	3.0B	3.7B	4.8B	5.5B	5.8B
Deferred Long Term Liab	333.4M	444.1M	623M	742M	853.3M	896.0M
Non Current Liabilities Other	503.3M	670M	56M	118M	145M	185.2M

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ServiceNow Income Before Tax vs Selling General Administrative Analysis

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Income Before Tax

Selling General Administrative

ServiceNow fundamental ratios Correlations

ServiceNow Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ServiceNow fundamental ratios Accounts

Also Currently Popular

Additional Tools for ServiceNow Stock Analysis

COMMON DESTINATIONS

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Total Current Liabilities	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Current Deferred Revenue	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets

Inventory	- 0.8	Retained Earnings
Retained Earnings	- 0.76	Net Debt
Property Plant And Equipment Gross	- 0.66	Inventory
Inventory	- 0.61	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.58	Net Debt
Net Debt	- 0.57	Total Stockholder Equity