Tabcorp Cost Of Revenue vs Net Income Analysis

TAH Stock

0.51 0.03 5.56%

Tabcorp Holdings financial indicator trend analysis is much more than just breaking down Tabcorp Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tabcorp Holdings is a good investment. Please check the relationship between Tabcorp Holdings Cost Of Revenue and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tabcorp 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 board of governors.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tabcorp Holdings Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have no relationship.

The correlation between Tabcorp Holdings' Cost Of Revenue and Net Income is 0.07. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Tabcorp Holdings, assuming nothing else is changed. The correlation between historical values of Tabcorp Holdings' Cost Of Revenue and Net 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 Tabcorp Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Tabcorp Holdings' Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Tabcorp Holdings income statement and represents the costs associated with goods and services Tabcorp 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tabcorp Holdings financial statement analysis. It represents the amount of money remaining after all of Tabcorp Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Tabcorp Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tabcorp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tabcorp 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 board of governors.

Discontinued Operations is likely to gain to about 519.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 187.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	125.8M	36.9M	51.8M	49.2M
Depreciation And Amortization	286.4M	240.5M	220.3M	189.8M

Interest Expense Depreciation And Amortization

Tabcorp Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Other Current Assets	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		0.29	0.87	0.97	0.89	0.93	-0.75	0.96	0.88	1.0	-0.24	0.87	0.5	0.6	0.51	0.96	0.76	0.08	0.98	0.49	0.84	0.87	0.98	0.53	0.94	-0.11
Other Current Liab	0.29		0.47	0.3	0.14	0.33	-0.05	0.19	0.07	0.27	-0.73	0.04	-0.1	0.01	-0.12	0.12	0.38	-0.32	0.29	-0.13	0.32	-0.07	0.28	0.68	0.31	-0.98
Total Current Liabilities	0.87	0.47		0.83	0.82	0.85	-0.72	0.87	0.74	0.86	-0.14	0.76	0.5	0.55	0.5	0.8	0.82	0.09	0.88	0.55	0.89	0.8	0.87	0.79	0.85	-0.3
Total Stockholder Equity	0.97	0.3	0.83		0.88	0.85	-0.67	0.96	0.87	0.97	-0.28	0.87	0.54	0.55	0.46	0.89	0.73	0.1	0.93	0.48	0.82	0.85	0.96	0.5	0.86	-0.12
Property Plant And Equipment Net	0.89	0.14	0.82	0.88		0.87	-0.7	0.87	0.74	0.89	-0.04	0.74	0.51	0.36	0.33	0.9	0.76	-0.08	0.9	0.33	0.72	0.91	0.88	0.45	0.87	0.02
Net Debt	0.93	0.33	0.85	0.85	0.87		-0.8	0.84	0.72	0.93	-0.27	0.7	0.29	0.41	0.31	0.96	0.8	-0.16	0.97	0.24	0.71	0.78	0.93	0.54	1.0	-0.19
Retained Earnings	-0.75	-0.05	-0.72	-0.67	-0.7	-0.8		-0.72	-0.62	-0.75	-0.07	-0.7	-0.13	-0.32	-0.28	-0.83	-0.82	-0.28	-0.81	-0.43	-0.65	-0.78	-0.83	-0.48	-0.81	-0.07
Accounts Payable	0.96	0.19	0.87	0.96	0.87	0.84	-0.72		0.94	0.96	-0.1	0.94	0.66	0.7	0.65	0.92	0.72	0.2	0.94	0.65	0.91	0.9	0.94	0.55	0.86	-0.01
Cash	0.88	0.07	0.74	0.87	0.74	0.72	-0.62	0.94		0.87	-0.01	0.98	0.74	0.8	0.75	0.85	0.53	0.28	0.85	0.67	0.9	0.84	0.83	0.45	0.76	0.11
Non Current Assets Total	1.0	0.27	0.86	0.97	0.89	0.93	-0.75	0.96	0.87		-0.24	0.87	0.49	0.59	0.5	0.96	0.76	0.07	0.98	0.48	0.82	0.87	0.98	0.5	0.94	-0.1
Non Currrent Assets Other	-0.24	-0.73	-0.14	-0.28	-0.04	-0.27	-0.07	-0.1	-0.01	-0.24		0.04	0.32	0.1	0.29	-0.1	-0.14	0.51	-0.22	0.31	-0.02	0.23	-0.25	-0.23	-0.25	0.74
Cash And Short Term Investments	0.87	0.04	0.76	0.87	0.74	0.7	-0.7	0.94	0.98	0.87	0.04		0.69	0.76	0.72	0.84	0.57	0.38	0.84	0.74	0.91	0.87	0.85	0.47	0.74	0.13
Net Receivables	0.5	-0.1	0.5	0.54	0.51	0.29	-0.13	0.66	0.74	0.49	0.32	0.69		0.77	0.82	0.45	0.16	0.28	0.45	0.65	0.68	0.63	0.39	0.25	0.33	0.26
Common Stock Total Equity	0.6	0.01	0.55	0.55	0.36	0.41	-0.32	0.7	0.8	0.59	0.1	0.76	0.77		0.97	0.54	0.24	0.42	0.56	0.78	0.74	0.57	0.51	0.37	0.47	0.15
Common Stock Shares Outstanding	0.51	-0.12	0.5	0.46	0.33	0.31	-0.28	0.65	0.75	0.5	0.29	0.72	0.82	0.97		0.46	0.2	0.49	0.47	0.84	0.72	0.58	0.42	0.34	0.37	0.27
Non Current Liabilities Total	0.96	0.12	0.8	0.89	0.9	0.96	-0.83	0.92	0.85	0.96	-0.1	0.84	0.45	0.54	0.46		0.76	0.03	0.98	0.4	0.77	0.89	0.95	0.44	0.97	0.04
Inventory	0.76	0.38	0.82	0.73	0.76	0.8	-0.82	0.72	0.53	0.76	-0.14	0.57	0.16	0.24	0.2	0.76		0.09	0.8	0.3	0.66	0.72	0.81	0.65	0.79	-0.26
Other Stockholder Equity	0.08	-0.32	0.09	0.1	-0.08	-0.16	-0.28	0.2	0.28	0.07	0.51	0.38	0.28	0.42	0.49	0.03	0.09		0.01	0.67	0.3	0.31	0.09	0.08	-0.11	0.39
Total Liab	0.98	0.29	0.88	0.93	0.9	0.97	-0.81	0.94	0.85	0.98	-0.22	0.84	0.45	0.56	0.47	0.98	0.8	0.01		0.42	0.82	0.86	0.98	0.56	0.98	-0.12
Property Plant And Equipment Gross	0.49	-0.13	0.55	0.48	0.33	0.24	-0.43	0.65	0.67	0.48	0.31	0.74	0.65	0.78	0.84	0.4	0.3	0.67	0.42		0.72	0.6	0.48	0.37	0.29	0.27
Total Current Assets	0.84	0.32	0.89	0.82	0.72	0.71	-0.65	0.91	0.9	0.82	-0.02	0.91	0.68	0.74	0.72	0.77	0.66	0.3	0.82	0.72		0.81	0.81	0.77	0.74	-0.14
Intangible Assets	0.87	-0.07	0.8	0.85	0.91	0.78	-0.78	0.9	0.84	0.87	0.23	0.87	0.63	0.57	0.58	0.89	0.72	0.31	0.86	0.6	0.81		0.86	0.42	0.8	0.25
Common Stock	0.98	0.28	0.87	0.96	0.88	0.93	-0.83	0.94	0.83	0.98	-0.25	0.85	0.39	0.51	0.42	0.95	0.81	0.09	0.98	0.48	0.81	0.86		0.53	0.94	-0.12
Other Current Assets	0.53	0.68	0.79	0.5	0.45	0.54	-0.48	0.55	0.45	0.5	-0.23	0.47	0.25	0.37	0.34	0.44	0.65	0.08	0.56	0.37	0.77	0.42	0.53		0.54	-0.58
Short Long Term Debt Total	0.94	0.31	0.85	0.86	0.87	1.0	-0.81	0.86	0.76	0.94	-0.25	0.74	0.33	0.47	0.37	0.97	0.79	-0.11	0.98	0.29	0.74	0.8	0.94	0.54		-0.16
Current Deferred Revenue	-0.11	-0.98	-0.3	-0.12	0.02	-0.19	-0.07	-0.01	0.11	-0.1	0.74	0.13	0.26	0.15	0.27	0.04	-0.26	0.39	-0.12	0.27	-0.14	0.25	-0.12	-0.58	-0.16

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Tabcorp Holdings Account Relationship Matchups

Tabcorp Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.4B	11.9B	4.0B	4.1B	3.4B	5.2B
Other Current Liab	172M	200.1M	214.7M	59.1M	80.3M	76.3M
Total Current Liabilities	1.6B	1.7B	864.3M	667.3M	666.6M	824.0M
Total Stockholder Equity	6.0B	6.7B	2.7B	2.7B	1.2B	1.2B
Property Plant And Equipment Net	731M	608.6M	349.4M	271.7M	184M	174.8M
Net Debt	3.7B	2.4B	117.6M	281.7M	830.7M	1.4B
Retained Earnings	(2.6B)	(2.5B)	1.1B	966.4M	(438.8M)	(416.9M)
Accounts Payable	1.2B	1.2B	598.5M	571M	554.9M	446.8M
Cash	349M	424.4M	199.4M	290.7M	313.7M	215.5M
Non Current Assets Total	11.7B	11.0B	3.6B	3.5B	2.8B	4.8B
Non Currrent Assets Other	59M	44.7M	46.9M	43.1M	41.8M	43.9M
Cash And Short Term Investments	375M	553.3M	199.4M	290.7M	313.7M	221.7M
Net Receivables	72M	86.2M	129.9M	105.3M	90.8M	49.9M
Common Stock Shares Outstanding	2.0B	2.2B	2.2B	2.3B	2.3B	2.4B
Liabilities And Stockholders Equity	12.4B	11.9B	4.0B	4.1B	3.4B	5.2B
Non Current Liabilities Total	4.7B	3.5B	473.3M	726M	1.5B	1.6B
Other Stockholder Equity	(1M)	669.3M	(600K)	(800K)	(1.2M)	(1.3M)
Total Liab	6.4B	5.2B	1.3B	1.4B	2.1B	2.5B
Property Plant And Equipment Gross	731M	1.5B	932.2M	754.9M	734.4M	828.0M
Total Current Assets	727M	898.2M	431.4M	551.8M	571.1M	367.5M
Accumulated Other Comprehensive Income	50M	(500K)	1M	5.6M	(2.8M)	(2.9M)
Intangible Assets	10.3B	10.1B	3.2B	3.1B	1.6B	2.6B
Common Stock	8.6B	9.2B	1.6B	1.7B	1.7B	3.1B
Other Current Assets	280M	258.7M	102.1M	155.8M	166.6M	85.8M
Short Long Term Debt Total	4.1B	2.8B	317M	572.4M	1.1B	1.9B
Current Deferred Revenue	91M	54.9M	8.5M	56.4M	50.8M	53.3M
Short Term Debt	296M	223.6M	42.6M	37.2M	31.4M	29.8M
Other Liab	859M	841M	895.1M	190.8M	219.4M	277.8M
Other Assets	351M	488M	1.0	47.3M	54.4M	51.7M
Long Term Debt	3.5B	2.3B	135.3M	431.9M	1.4B	1.6B
Good Will	8.3B	7.2B	7.0B	1.7B	988M	938.6M
Property Plant Equipment	731M	609M	608.6M	271.7M	244.5M	232.3M
Net Tangible Assets	(4.3B)	(3.4B)	(3.4B)	(485.1M)	(436.6M)	(458.4M)
Short Long Term Debt	132.9M	192M	249M	177M	159.3M	316.2M
Long Term Debt Total	3.8B	2.6B	274.4M	535.2M	481.7M	457.6M
Long Term Investments	185.8M	188M	129M	30.6M	30.1M	28.6M

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