OneSpan Cost Of Revenue vs Operating Income Analysis
OSPN Stock | USD 17.88 0.21 1.19% |
OneSpan financial indicator trend analysis is much more than just breaking down OneSpan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneSpan is a good investment. Please check the relationship between OneSpan Cost Of Revenue and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.
Cost Of Revenue vs Operating Income
Cost Of Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneSpan Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between OneSpan's Cost Of Revenue and Operating Income is 0.35. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of OneSpan, assuming nothing else is changed. The correlation between historical values of OneSpan's Cost Of Revenue and Operating Income 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 OneSpan are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., OneSpan's Cost Of Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on OneSpan income statement and represents the costs associated with goods and services OneSpan 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.Operating Income
Operating Income is the amount of profit realized from OneSpan operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of OneSpan is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from OneSpan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneSpan 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.As of the 25th of November 2024, Enterprise Value is likely to grow to about 918.8 M, while Selling General Administrative is likely to drop about 33.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 142.9M | 148.6M | 157.7M | 93.0M | Total Revenue | 214.5M | 219.0M | 235.1M | 139.5M |
OneSpan fundamental ratios Correlations
Click cells to compare fundamentals
OneSpan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OneSpan fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 384.6M | 375.2M | 342.3M | 335.1M | 289.2M | 187.7M | |
Other Current Liab | 30.3M | 23.6M | 25.2M | 26.4M | 25.4M | 26.7M | |
Total Current Liabilities | 74.1M | 75.3M | 89.1M | 110.8M | 114.8M | 120.6M | |
Total Stockholder Equity | 264.0M | 257.3M | 219.8M | 203.3M | 159.1M | 133.0M | |
Property Plant And Equipment Net | 22.0M | 23.2M | 20.0M | 20.7M | 24.9M | 26.1M | |
Net Debt | (73.0M) | (76.0M) | (53.2M) | (88.1M) | (34.7M) | (36.4M) | |
Retained Earnings | 181.2M | 173.7M | 143.2M | 128.7M | 98.9M | 64.2M | |
Accounts Payable | 10.8M | 5.7M | 8.2M | 17.4M | 17.5M | 18.3M | |
Cash | 84.3M | 88.4M | 63.4M | 96.5M | 42.5M | 57.2M | |
Non Current Assets Total | 173.0M | 168.0M | 155.2M | 137.5M | 142.8M | 150.0M | |
Non Currrent Assets Other | 8.7M | 11.2M | 13.8M | 11.1M | 11.7M | 12.3M | |
Cash And Short Term Investments | 109.8M | 115.3M | 98.5M | 98.8M | 42.5M | 70.9M | |
Net Receivables | 69.5M | 64.7M | 61.3M | 69.7M | 69.5M | 73.0M | |
Good Will | 94.6M | 97.6M | 96.2M | 90.5M | 93.7M | 98.4M | |
Common Stock Shares Outstanding | 40.1M | 40.0M | 39.6M | 40.1M | 40.2M | 39.2M | |
Liabilities And Stockholders Equity | 384.6M | 375.2M | 342.3M | 335.1M | 289.2M | 187.7M | |
Non Current Liabilities Total | 46.4M | 42.6M | 33.4M | 21.0M | 15.2M | 11.7M | |
Inventory | 19.8M | 13.1M | 10.3M | 12.1M | 15.6M | 11.6M | |
Other Current Assets | 6.3M | 14.1M | 17.0M | 17.0M | 18.8M | 19.7M | |
Other Stockholder Equity | 96.1M | 93.8M | 87.7M | 89.1M | 71.2M | 63.4M | |
Total Liab | 120.5M | 117.9M | 122.5M | 131.8M | 130.1M | 136.6M | |
Property Plant And Equipment Gross | 22.0M | 23.2M | 20.0M | 20.7M | 38.4M | 40.3M | |
Total Current Assets | 211.6M | 207.2M | 187.1M | 197.5M | 146.3M | 122.8M | |
Accumulated Other Comprehensive Income | (13.3M) | (10.2M) | (11.2M) | (14.6M) | (11.1M) | (10.5M) | |
Short Term Debt | 2.6M | 2.9M | 2.5M | 2.3M | 2.0M | 1.9M | |
Current Deferred Revenue | 30.3M | 43.4M | 54.6M | 64.6M | 69.3M | 72.8M | |
Intangible Assets | 36.2M | 27.2M | 21.3M | 12.5M | 10.8M | 15.5M | |
Other Assets | 20.1M | 31.4M | 17.8M | 13.8M | 1.0 | 0.95 | |
Property Plant Equipment | 11.5M | 11.8M | 20.0M | 20.7M | 23.8M | 25.0M | |
Other Liab | 35.1M | 30.2M | 23.2M | 12.5M | 14.4M | 10.7M | |
Short Term Investments | 79.7M | 22.8M | 25.5M | 26.9M | 35.1M | 2.3M | |
Net Tangible Assets | 133.2M | 132.6M | 102.3M | 100.3M | 90.3M | 104.6M | |
Retained Earnings Total Equity | 172.4M | 181.2M | 173.7M | 143.2M | 164.6M | 153.8M | |
Capital Surpluse | 96.1M | 98.8M | 100.3M | 107.3M | 123.4M | 97.9M | |
Deferred Long Term Liab | 2.7M | 4.6M | 1.9M | 1.3M | 1.5M | 1.4M | |
Non Current Liabilities Other | 41.8M | 40.6M | 32.1M | 1.2M | 3.2M | 3.0M |
Pair Trading with OneSpan
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 OneSpan 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 OneSpan will appreciate offsetting losses from the drop in the long position's value.Moving against OneSpan Stock
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The ability to find closely correlated positions to OneSpan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OneSpan 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 OneSpan - 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 OneSpan to buy it.
The correlation of OneSpan 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 OneSpan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OneSpan 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 OneSpan 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Systems 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 OneSpan. If investors know OneSpan 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 OneSpan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.27 | Earnings Share 0.74 | Revenue Per Share 6.356 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0972 |
The market value of OneSpan is measured differently than its book value, which is the value of OneSpan that is recorded on the company's balance sheet. Investors also form their own opinion of OneSpan's value that differs from its market value or its book value, called intrinsic value, which is OneSpan'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 OneSpan's market value can be influenced by many factors that don't directly affect OneSpan'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 OneSpan's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneSpan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneSpan'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.