VeriSign Historical Income Statement
VRSN Stock | USD 184.90 0.00 0.00% |
Historical analysis of VeriSign income statement accounts such as Depreciation And Amortization of 41.9 M, Interest Expense of 59.2 M, Total Revenue of 1.1 B or Gross Profit of 843.3 M can show how well VeriSign performed in making a profits. Evaluating VeriSign income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of VeriSign's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining VeriSign latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether VeriSign is a good buy for the upcoming year.
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About VeriSign Income Statement Analysis
VeriSign Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to VeriSign shareholders. The income statement also shows VeriSign investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
VeriSign Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of VeriSign minus its cost of goods sold. It is profit before VeriSign 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of VeriSign. It is also known as VeriSign overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from VeriSign's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into VeriSign current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 VeriSign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.At this time, VeriSign's Non Operating Income Net Other is very stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 1.3B | 843.3M | Total Revenue | 1.3B | 1.4B | 1.5B | 1.1B |
VeriSign income statement Correlations
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VeriSign Account Relationship Matchups
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VeriSign income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 89.6M | 46.4M | 47.9M | 46.9M | 44.1M | 41.9M | |
Interest Expense | 90.6M | 90.1M | 83.3M | 75.3M | 86.6M | 59.2M | |
Total Revenue | 1.2B | 1.3B | 1.3B | 1.4B | 1.5B | 1.1B | |
Gross Profit | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 843.3M | |
Other Operating Expenses | 425.5M | 440.9M | 460.8M | 481.8M | 492.5M | 467.9M | |
Operating Income | 806.1M | 824.2M | 866.8M | 943.1M | 1.0B | 1.1B | |
Ebit | 806.1M | 840.4M | 865.5M | 955.5M | 1.1B | 1.1B | |
Research Development | 60.8M | 74.7M | 80.5M | 85.7M | 91M | 73.0M | |
Ebitda | 895.7M | 886.7M | 913.4M | 1.0B | 1.1B | 557.7M | |
Cost Of Revenue | 180.5M | 180.2M | 191.9M | 200.7M | 197.3M | 198.9M | |
Total Operating Expenses | 245.1M | 260.7M | 268.8M | 281.1M | 295.2M | 280.4M | |
Income Before Tax | 758.8M | 750.2M | 782.2M | 880.2M | 976.5M | 1.0B | |
Total Other Income Expense Net | (47.4M) | (74.0M) | (84.6M) | (62.9M) | (24.1M) | (25.3M) | |
Net Income | 612.3M | 814.9M | 784.8M | 673.8M | 817.6M | 858.5M | |
Income Tax Expense | 146.5M | (64.6M) | (2.6M) | 206.4M | 158.9M | 166.8M | |
Selling General Administrative | 137.6M | 149.2M | 148.4M | 195.4M | 204.2M | 192.4M | |
Selling And Marketing Expenses | 64.9M | 46.6M | 36.8M | 39.9M | 35.9M | 34.1M | |
Net Income Applicable To Common Shares | 612.3M | 814.9M | 784.8M | 673.8M | 774.9M | 487.0M | |
Net Income From Continuing Ops | 612.3M | 814.9M | 784.8M | 673.8M | 817.6M | 535.1M | |
Non Operating Income Net Other | 43.3M | 16.2M | (1.3M) | 12.4M | 14.3M | 20.3M | |
Tax Provision | 146.5M | (64.6M) | (2.6M) | 206.4M | 158.9M | 87.7M | |
Interest Income | 26.6M | 7.8M | 582K | 14.9M | 46.1M | 23.7M | |
Net Interest Income | (64.0M) | (90.1M) | (83.3M) | (75.3M) | (29.2M) | (30.7M) | |
Reconciled Depreciation | 46.3M | 46.4M | 47.9M | 46.9M | 44.1M | 37.7M |
Pair Trading with VeriSign
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 VeriSign 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 VeriSign will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to VeriSign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VeriSign 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 VeriSign - 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 VeriSign to buy it.
The correlation of VeriSign 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 VeriSign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VeriSign 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 VeriSign 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 World Market Map to better understand how to build diversified portfolios, which includes a position in VeriSign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Internet Services & Infrastructure 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 VeriSign. If investors know VeriSign 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 VeriSign 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 0.131 | Earnings Share 8.58 | Revenue Per Share 15.467 | Quarterly Revenue Growth 0.038 | Return On Assets 0.4159 |
The market value of VeriSign is measured differently than its book value, which is the value of VeriSign that is recorded on the company's balance sheet. Investors also form their own opinion of VeriSign's value that differs from its market value or its book value, called intrinsic value, which is VeriSign'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 VeriSign's market value can be influenced by many factors that don't directly affect VeriSign'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 VeriSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if VeriSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VeriSign'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.