Shutterstock Cost Of Revenue vs Operating Income Analysis

SSTK Stock

USD 31.77 0.38 1.21%

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

For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock 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 Shutterstock Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shutterstock's Cost Of Revenue and Operating Income is 0.45. 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 Shutterstock, assuming nothing else is changed. The correlation between historical values of Shutterstock'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 Shutterstock 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., Shutterstock's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Shutterstock income statement and represents the costs associated with goods and services Shutterstock 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 Shutterstock 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 Shutterstock 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 Shutterstock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shutterstock 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shutterstock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock guide.Enterprise Value is expected to rise to about 1.1 B this year, although the value of Selling General Administrative will most likely fall to about 78.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	495.8M	513.5M	522.0M	303.9M
Total Revenue	773.4M	827.8M	874.6M	505.3M

Gross Profit Total Revenue

Shutterstock 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	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.75	0.44	0.63	0.81	0.69	0.7	0.72	-0.5	0.66	0.68	0.6	0.51	0.3	0.48	0.62	0.62	0.45	-0.67	0.25	0.41	0.87	0.63	0.39	0.8	0.66
Total Assets	0.75		0.67	0.87	0.98	0.67	0.85	0.98	-0.3	0.87	0.79	0.49	0.8	0.46	0.49	0.43	0.83	0.75	-0.65	0.58	0.59	0.86	0.97	0.59	0.71	0.67
Other Current Liab	0.44	0.67		0.88	0.63	0.33	0.41	0.63	0.2	0.91	0.52	-0.04	0.9	0.77	0.22	-0.08	0.87	0.89	-0.36	0.41	0.89	0.43	0.69	0.89	0.32	0.27
Total Current Liabilities	0.63	0.87	0.88		0.83	0.57	0.74	0.87	0.0	0.98	0.7	0.2	0.97	0.75	0.34	0.12	0.99	0.94	-0.53	0.56	0.84	0.67	0.89	0.85	0.52	0.53
Total Stockholder Equity	0.81	0.98	0.63	0.83		0.7	0.84	0.95	-0.43	0.85	0.8	0.59	0.73	0.41	0.56	0.55	0.79	0.67	-0.76	0.46	0.56	0.92	0.91	0.53	0.81	0.71
Other Liab	0.69	0.67	0.33	0.57	0.7		0.62	0.73	-0.38	0.55	0.79	0.43	0.46	0.34	0.24	0.42	0.6	0.42	-0.57	0.12	0.39	0.71	0.6	0.35	0.61	0.53
Property Plant And Equipment Net	0.7	0.85	0.41	0.74	0.84	0.62		0.91	-0.52	0.68	0.65	0.67	0.6	0.38	0.59	0.57	0.73	0.52	-0.58	0.57	0.44	0.84	0.83	0.46	0.78	0.83
Current Deferred Revenue	0.72	0.98	0.63	0.87	0.95	0.73	0.91		-0.32	0.84	0.81	0.49	0.78	0.45	0.45	0.41	0.84	0.73	-0.61	0.57	0.57	0.83	0.96	0.56	0.69	0.72
Net Debt	-0.5	-0.3	0.2	0.0	-0.43	-0.38	-0.52	-0.32		-0.03	-0.25	-0.97	0.22	0.29	-0.69	-0.97	0.03	0.31	0.53	0.06	0.2	-0.69	-0.12	0.22	-0.83	-0.72
Retained Earnings	0.66	0.87	0.91	0.98	0.85	0.55	0.68	0.84	-0.03		0.71	0.22	0.95	0.72	0.36	0.17	0.96	0.92	-0.63	0.45	0.86	0.7	0.85	0.84	0.56	0.49
Accounts Payable	0.68	0.79	0.52	0.7	0.8	0.79	0.65	0.81	-0.25	0.71		0.35	0.63	0.42	0.06	0.34	0.67	0.58	-0.65	0.21	0.47	0.72	0.74	0.45	0.59	0.61
Cash	0.6	0.49	-0.04	0.2	0.59	0.43	0.67	0.49	-0.97	0.22	0.35		-0.01	-0.17	0.78	0.98	0.16	-0.1	-0.61	0.13	-0.07	0.81	0.33	-0.08	0.91	0.81
Non Current Assets Total	0.51	0.8	0.9	0.97	0.73	0.46	0.6	0.78	0.22	0.95	0.63	-0.01		0.76	0.18	-0.09	0.95	0.99	-0.4	0.58	0.84	0.52	0.85	0.85	0.33	0.37
Non Currrent Assets Other	0.3	0.46	0.77	0.75	0.41	0.34	0.38	0.45	0.29	0.72	0.42	-0.17	0.76		0.04	-0.23	0.8	0.73	-0.25	0.35	0.95	0.26	0.51	0.97	0.19	0.11
Other Assets	0.48	0.49	0.22	0.34	0.56	0.24	0.59	0.45	-0.69	0.36	0.06	0.78	0.18	0.04		0.74	0.33	0.11	-0.49	0.31	0.2	0.7	0.38	0.2	0.78	0.54
Cash And Short Term Investments	0.62	0.43	-0.08	0.12	0.55	0.42	0.57	0.41	-0.97	0.17	0.34	0.98	-0.09	-0.23	0.74		0.09	-0.18	-0.63	0.0	-0.11	0.79	0.24	-0.14	0.9	0.73
Net Receivables	0.62	0.83	0.87	0.99	0.79	0.6	0.73	0.84	0.03	0.96	0.67	0.16	0.95	0.8	0.33	0.09		0.92	-0.5	0.53	0.88	0.64	0.85	0.89	0.51	0.47
Good Will	0.45	0.75	0.89	0.94	0.67	0.42	0.52	0.73	0.31	0.92	0.58	-0.1	0.99	0.73	0.11	-0.18	0.92		-0.34	0.57	0.81	0.44	0.82	0.82	0.23	0.29
Common Stock Total Equity	-0.67	-0.65	-0.36	-0.53	-0.76	-0.57	-0.58	-0.61	0.53	-0.63	-0.65	-0.61	-0.4	-0.25	-0.49	-0.63	-0.5	-0.34		0.14	-0.43	-0.79	-0.48	-0.32	-0.79	-0.49
Non Current Liabilities Total	0.25	0.58	0.41	0.56	0.46	0.12	0.57	0.57	0.06	0.45	0.21	0.13	0.58	0.35	0.31	0.0	0.53	0.57	0.14		0.3	0.35	0.71	0.43	0.18	0.4
Other Current Assets	0.41	0.59	0.89	0.84	0.56	0.39	0.44	0.57	0.2	0.86	0.47	-0.07	0.84	0.95	0.2	-0.11	0.88	0.81	-0.43	0.3		0.39	0.6	0.98	0.32	0.17
Other Stockholder Equity	0.87	0.86	0.43	0.67	0.92	0.71	0.84	0.83	-0.69	0.7	0.72	0.81	0.52	0.26	0.7	0.79	0.64	0.44	-0.79	0.35	0.39		0.73	0.37	0.95	0.83
Total Liab	0.63	0.97	0.69	0.89	0.91	0.6	0.83	0.96	-0.12	0.85	0.74	0.33	0.85	0.51	0.38	0.24	0.85	0.82	-0.48	0.71	0.6	0.73		0.62	0.54	0.59
Property Plant And Equipment Gross	0.39	0.59	0.89	0.85	0.53	0.35	0.46	0.56	0.22	0.84	0.45	-0.08	0.85	0.97	0.2	-0.14	0.89	0.82	-0.32	0.43	0.98	0.37	0.62		0.3	0.2
Total Current Assets	0.8	0.71	0.32	0.52	0.81	0.61	0.78	0.69	-0.83	0.56	0.59	0.91	0.33	0.19	0.78	0.9	0.51	0.23	-0.79	0.18	0.32	0.95	0.54	0.3		0.81
Short Term Debt	0.66	0.67	0.27	0.53	0.71	0.53	0.83	0.72	-0.72	0.49	0.61	0.81	0.37	0.11	0.54	0.73	0.47	0.29	-0.49	0.4	0.17	0.83	0.59	0.2	0.81

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Shutterstock Account Relationship Matchups

Shutterstock fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	35.6M	36.4M	37.3M	36.5M	36.2M	36.0M
Total Assets	630.5M	729.6M	851.7M	881.2M	1.0B	554.5M
Other Current Liab	18.8M	87.5M	121.2M	115.1M	216.1M	226.9M
Total Current Liabilities	245.9M	256.9M	333.8M	383.7M	452.4M	475.0M
Total Stockholder Equity	328.1M	421.9M	468.5M	447.5M	527.1M	296.1M
Other Liab	9.2M	9.2M	12.5M	14.4M	16.5M	11.4M
Property Plant And Equipment Net	104.3M	90.5M	82.6M	72.1M	79.7M	57.9M
Current Deferred Revenue	141.9M	149.8M	181.0M	187.1M	203.5M	125.3M
Net Debt	(255.9M)	(387.0M)	(277.1M)	(29.5M)	(41.1M)	(43.1M)
Retained Earnings	121.2M	168.3M	229.5M	271.1M	342.7M	359.8M
Accounts Payable	6.1M	2.4M	10.1M	7.2M	9.1M	6.1M
Cash	303.3M	428.6M	314.0M	115.2M	100.5M	95.5M
Non Current Assets Total	253.5M	240.6M	463.5M	665.5M	743.4M	780.6M
Non Currrent Assets Other	16.6M	1.4M	6.7M	1.8M	51.2M	53.7M
Other Assets	33.6M	74.5M	17.2M	18.4M	21.1M	23.5M
Cash And Short Term Investments	303.3M	428.6M	314.0M	115.2M	100.5M	95.5M
Net Receivables	47.0M	43.8M	47.7M	67.2M	91.1M	95.7M
Good Will	89.0M	89.4M	219.8M	381.9M	383.3M	402.5M
Common Stock Total Equity	381K	389K	392K	396K	356.4K	338.6K
Liabilities And Stockholders Equity	630.5M	729.6M	851.7M	881.2M	1.0B	554.5M
Non Current Liabilities Total	56.5M	50.8M	49.4M	50.0M	56.5M	33.3M
Other Current Assets	26.7M	33.3M	26.5M	33.3M	100.9M	106.0M
Other Stockholder Equity	212.8M	260.9M	249.3M	191.5M	196.0M	173.0M
Total Liab	302.4M	307.7M	383.2M	433.7M	508.9M	258.4M
Property Plant And Equipment Gross	104.3M	90.5M	82.6M	72.1M	353.9M	371.5M
Total Current Assets	377.0M	489.1M	388.2M	215.7M	292.6M	299.0M
Accumulated Other Comprehensive Income	(6.2M)	(7.7M)	(10.8M)	(15.4M)	(12.0M)	(11.4M)
Short Term Debt	79.1M	94.2M	128.5M	50M	39.1M	59.5M
Intangible Assets	26.7M	25.8M	123.8M	173.1M	184.4M	193.6M
Common Stock	381K	389K	392K	396K	399K	379.1K
Property Plant Equipment	58.8M	50.9M	48.1M	54.5M	62.7M	44.0M
Net Tangible Assets	212.5M	306.7M	124.8M	(107.5M)	(96.8M)	(91.9M)
Retained Earnings Total Equity	121.2M	168.3M	229.5M	271.1M	311.7M	327.3M
Capital Surpluse	312.8M	360.9M	376.5M	391.5M	450.2M	282.2M
Deferred Long Term Liab	1.5M	77K	2.8M	4.5M	5.1M	5.4M
Non Current Liabilities Other	56.5M	50.8M	46.7M	9.9M	22.9M	24.4M

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When determining whether Shutterstock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shutterstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shutterstock Stock. Highlighted below are key reports to facilitate an investment decision about Shutterstock Stock:

How To Invest In Shutterstock

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Is Shutterstock Stock a good investment?

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What is Shutterstock's Net Worth?

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Largest Interactive Media & Services Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shutterstock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

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

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Is Interactive Media & 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 Shutterstock. If investors know Shutterstock 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 Shutterstock 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

(0.37)

Dividend Share

1.17

Earnings Share

1.03

Revenue Per Share

25.385

Quarterly Revenue Growth

0.074

The market value of Shutterstock is measured differently than its book value, which is the value of Shutterstock that is recorded on the company's balance sheet. Investors also form their own opinion of Shutterstock's value that differs from its market value or its book value, called intrinsic value, which is Shutterstock'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 Shutterstock's market value can be influenced by many factors that don't directly affect Shutterstock'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 Shutterstock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shutterstock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shutterstock'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.

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Shutterstock Cost Of Revenue vs Operating Income Analysis

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Operating Income

Shutterstock fundamental ratios Correlations

Shutterstock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shutterstock fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 0.99	Total Current Liabilities
Good Will	+ 0.99	Non Current Assets Total
Total Stockholder Equity	+ 0.98	Total Assets
Current Deferred Revenue	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Current Liabilities
Cash And Short Term Investments	+ 0.98	Cash

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Total Current Assets	- 0.83	Net Debt
Total Current Assets	- 0.79	Common Stock Total Equity
Other Stockholder Equity	- 0.79	Common Stock Total Equity
Common Stock Total Equity	- 0.76	Total Stockholder Equity