Automatic Cost Of Revenue vs Income Before Tax Analysis

0HJI Stock

290.94 2.02 0.70%

Automatic Data financial indicator trend analysis is way more than just evaluating Automatic Data Processing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Automatic Data Processing is a good investment. Please check the relationship between Automatic Data Cost Of Revenue and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Automatic Data Processing. 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 Income Before Tax

Cost Of Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Automatic Data Processing Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have totally related.

The correlation between Automatic Data's Cost Of Revenue and Income Before Tax is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Automatic Data Processing, assuming nothing else is changed. The correlation between historical values of Automatic Data's Cost Of Revenue and Income Before Tax 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 Automatic Data Processing are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Automatic Data's Cost Of Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Automatic Data Processing income statement and represents the costs associated with goods and services Automatic Data 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.

Income Before Tax

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

Most indicators from Automatic Data's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Automatic Data Processing 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Automatic Data Processing. 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.

Tax Provision is likely to drop to about 713 M in 2025. Selling General Administrative is likely to drop to about 3.2 B in 2025

	2022	2023	2024	2025 (projected)
Total Revenue	18.0B	19.2B	22.1B	15.2B
Depreciation And Amortization	549.3M	561.9M	646.2M	440.4M

Total Revenue Depreciation And Amortization

Automatic Data fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.88	0.99	1.0	-0.73	0.79	0.78	0.9	-0.77	0.47	0.78	0.82	-0.31	0.48	0.93	-0.02	-0.8	0.55	0.89	0.99	-0.87	1.0	0.99	-0.23	0.86	-0.32
Short Long Term Debt Total	0.88		0.83	0.85	-0.57	0.8	0.89	0.9	-0.84	0.52	0.74	0.83	-0.22	0.52	0.88	-0.2	-0.79	0.47	0.92	0.84	-0.87	0.87	0.86	0.07	0.84	-0.25
Other Current Liab	0.99	0.83		1.0	-0.78	0.74	0.73	0.87	-0.72	0.45	0.73	0.77	-0.3	0.45	0.9	-0.04	-0.76	0.52	0.86	0.99	-0.85	1.0	0.99	-0.3	0.82	-0.29
Total Current Liabilities	1.0	0.85	1.0		-0.77	0.75	0.76	0.88	-0.73	0.44	0.74	0.78	-0.29	0.45	0.91	-0.05	-0.77	0.53	0.86	0.99	-0.86	1.0	0.99	-0.26	0.83	-0.3
Total Stockholder Equity	-0.73	-0.57	-0.78	-0.77		-0.43	-0.48	-0.58	0.49	-0.42	-0.36	-0.44	0.23	-0.43	-0.57	0.35	0.67	-0.37	-0.68	-0.76	0.72	-0.77	-0.76	0.42	-0.49	0.34
Property Plant And Equipment Net	0.79	0.8	0.74	0.75	-0.43		0.76	0.87	-0.83	0.33	0.86	0.83	0.06	0.33	0.87	0.15	-0.76	0.44	0.79	0.71	-0.84	0.77	0.73	-0.18	0.93	-0.29
Net Debt	0.78	0.89	0.73	0.76	-0.48	0.76		0.78	-0.81	0.1	0.72	0.77	-0.05	0.09	0.78	-0.11	-0.73	0.38	0.75	0.76	-0.83	0.77	0.75	0.23	0.81	-0.3
Retained Earnings	0.9	0.9	0.87	0.88	-0.58	0.87	0.78		-0.87	0.5	0.9	0.95	-0.13	0.5	0.99	0.08	-0.85	0.64	0.88	0.83	-0.91	0.89	0.86	-0.1	0.95	-0.36
Accounts Payable	-0.77	-0.84	-0.72	-0.73	0.49	-0.83	-0.81	-0.87		-0.36	-0.86	-0.85	-0.03	-0.35	-0.86	-0.16	0.81	-0.55	-0.79	-0.69	0.85	-0.75	-0.71	-0.08	-0.89	0.39
Cash	0.47	0.52	0.45	0.44	-0.42	0.33	0.1	0.5	-0.36		0.26	0.37	-0.46	1.0	0.46	-0.22	-0.53	0.52	0.62	0.43	-0.45	0.47	0.49	-0.29	0.33	-0.3
Non Current Assets Total	0.78	0.74	0.73	0.74	-0.36	0.86	0.72	0.9	-0.86	0.26		0.96	0.0	0.26	0.92	0.42	-0.73	0.52	0.77	0.67	-0.8	0.75	0.69	-0.12	0.96	-0.29
Non Currrent Assets Other	0.82	0.83	0.77	0.78	-0.44	0.83	0.77	0.95	-0.85	0.37	0.96		-0.13	0.37	0.95	0.2	-0.78	0.55	0.85	0.72	-0.86	0.8	0.75	-0.04	0.96	-0.28
Other Assets	-0.31	-0.22	-0.3	-0.29	0.23	0.06	-0.05	-0.13	-0.03	-0.46	0.0	-0.13		-0.46	-0.16	0.21	0.28	-0.36	-0.32	-0.34	0.16	-0.3	-0.35	0.06	-0.03	0.27
Cash And Short Term Investments	0.48	0.52	0.45	0.45	-0.43	0.33	0.09	0.5	-0.35	1.0	0.26	0.37	-0.46		0.46	-0.22	-0.53	0.52	0.62	0.44	-0.44	0.48	0.5	-0.3	0.32	-0.3
Net Receivables	0.93	0.88	0.9	0.91	-0.57	0.87	0.78	0.99	-0.86	0.46	0.92	0.95	-0.16	0.46		0.13	-0.82	0.62	0.88	0.87	-0.9	0.92	0.89	-0.12	0.96	-0.32
Good Will	-0.02	-0.2	-0.04	-0.05	0.35	0.15	-0.11	0.08	-0.16	-0.22	0.42	0.2	0.21	-0.22	0.13		0.04	0.19	-0.13	-0.12	0.09	-0.06	-0.11	-0.24	0.21	-0.14
Common Stock Shares Outstanding	-0.8	-0.79	-0.76	-0.77	0.67	-0.76	-0.73	-0.85	0.81	-0.53	-0.73	-0.78	0.28	-0.53	-0.82	0.04		-0.76	-0.82	-0.75	0.91	-0.79	-0.77	0.09	-0.79	0.73
Short Term Investments	0.55	0.47	0.52	0.53	-0.37	0.44	0.38	0.64	-0.55	0.52	0.52	0.55	-0.36	0.52	0.62	0.19	-0.76		0.42	0.5	-0.6	0.52	0.53	-0.08	0.48	-0.8
Non Current Liabilities Total	0.89	0.92	0.86	0.86	-0.68	0.79	0.75	0.88	-0.79	0.62	0.77	0.85	-0.32	0.62	0.88	-0.13	-0.82	0.42		0.84	-0.9	0.89	0.87	-0.18	0.87	-0.25
Other Current Assets	0.99	0.84	0.99	0.99	-0.76	0.71	0.76	0.83	-0.69	0.43	0.67	0.72	-0.34	0.44	0.87	-0.12	-0.75	0.5	0.84		-0.83	0.99	1.0	-0.23	0.77	-0.3
Other Stockholder Equity	-0.87	-0.87	-0.85	-0.86	0.72	-0.84	-0.83	-0.91	0.85	-0.45	-0.8	-0.86	0.16	-0.44	-0.9	0.09	0.91	-0.6	-0.9	-0.83		-0.88	-0.84	0.14	-0.89	0.43
Total Liab	1.0	0.87	1.0	1.0	-0.77	0.77	0.77	0.89	-0.75	0.47	0.75	0.8	-0.3	0.48	0.92	-0.06	-0.79	0.52	0.89	0.99	-0.88		0.99	-0.25	0.84	-0.3
Total Current Assets	0.99	0.86	0.99	0.99	-0.76	0.73	0.75	0.86	-0.71	0.49	0.69	0.75	-0.35	0.5	0.89	-0.11	-0.77	0.53	0.87	1.0	-0.84	0.99		-0.24	0.79	-0.31
Short Term Debt	-0.23	0.07	-0.3	-0.26	0.42	-0.18	0.23	-0.1	-0.08	-0.29	-0.12	-0.04	0.06	-0.3	-0.12	-0.24	0.09	-0.08	-0.18	-0.23	0.14	-0.25	-0.24		-0.09	0.04
Intangible Assets	0.86	0.84	0.82	0.83	-0.49	0.93	0.81	0.95	-0.89	0.33	0.96	0.96	-0.03	0.32	0.96	0.21	-0.79	0.48	0.87	0.77	-0.89	0.84	0.79	-0.09		-0.26
Common Stock	-0.32	-0.25	-0.29	-0.3	0.34	-0.29	-0.3	-0.36	0.39	-0.3	-0.29	-0.28	0.27	-0.3	-0.32	-0.14	0.73	-0.8	-0.25	-0.3	0.43	-0.3	-0.31	0.04	-0.26

Click cells to compare fundamentals

Automatic Data Account Relationship Matchups

Automatic Data fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	48.8B	63.1B	51.0B	54.4B	62.5B	47.2B
Short Long Term Debt Total	3.4B	3.6B	3.5B	3.8B	4.4B	2.5B
Other Current Liab	37.6B	54.6B	42.2B	44.3B	50.9B	37.3B
Total Current Liabilities	38.1B	55.2B	42.8B	45.1B	51.8B	38.1B
Total Stockholder Equity	5.7B	3.2B	3.5B	4.5B	4.1B	3.9B
Property Plant And Equipment Net	1.1B	1.1B	1.1B	1.1B	1.2B	978.9M
Net Debt	871.2M	2.2B	1.5B	885.2M	1.0B	1.1B
Retained Earnings	19.5B	20.7B	22.1B	23.6B	27.2B	19.0B
Accounts Payable	141.1M	110.2M	96.8M	100.6M	90.5M	107.8M
Cash	2.6B	1.4B	2.1B	2.9B	3.4B	2.4B
Non Current Assets Total	8.0B	8.3B	8.8B	8.8B	10.1B	7.3B
Non Currrent Assets Other	3.3B	3.2B	3.6B	4.1B	4.7B	2.8B
Cash And Short Term Investments	2.6B	1.5B	2.1B	2.9B	3.4B	2.4B
Net Receivables	2.7B	3.2B	3.0B	3.4B	3.9B	2.5B
Good Will	2.3B	2.3B	2.3B	2.4B	2.7B	2.4B
Common Stock Shares Outstanding	428.1M	421.1M	415.7M	412.2M	371.0M	356.4M
Liabilities And Stockholders Equity	48.8B	63.1B	51.0B	54.4B	62.5B	47.2B
Non Current Liabilities Total	5.0B	4.7B	4.7B	4.7B	5.4B	3.7B
Other Current Assets	35.4B	50.2B	37.1B	39.2B	45.1B	35.1B
Other Stockholder Equity	(13.9B)	(15.5B)	(16.4B)	(17.3B)	(15.6B)	(16.4B)
Total Liab	43.1B	59.8B	47.5B	49.8B	57.3B	41.8B
Total Current Assets	40.7B	54.8B	42.2B	45.5B	52.4B	39.9B
Accumulated Other Comprehensive Income	10.6M	(2.0B)	(2.3B)	(1.8B)	(1.6B)	(1.5B)
Short Term Debt	118.2M	232.7M	202.1M	478.7M	430.8M	524.8M
Intangible Assets	1.2B	1.3B	1.3B	1.3B	1.5B	1.0B
Current Deferred Revenue	203.9M	188.2M	188.6M	199.8M	179.8M	169.4M
Property Plant Equipment	1.2B	1.1B	1.1B	1.1B	1.2B	1.1B
Other Liab	1.9B	1.7B	1.3B	1.4B	1.2B	1.3B
Net Tangible Assets	2.2B	2.1B	(408.3M)	(173.9M)	(156.5M)	(148.7M)
Deferred Long Term Liab	2.4B	2.5B	2.6B	2.8B	3.2B	2.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

BTC	Bitcoin
TRX	TRON
BNB	Binance Coin

Additional Tools for Automatic Stock Analysis

When running Automatic Data's price analysis, check to measure Automatic Data's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Automatic Data is operating at the current time. Most of Automatic Data's value examination focuses on studying past and present price action to predict the probability of Automatic Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automatic Data's price. Additionally, you may evaluate how the addition of Automatic Data to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Automatic Cost Of Revenue vs Income Before Tax Analysis

Cost Of Revenue vs Income Before Tax

Cost Of Revenue vs Income Before Tax Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Income Before Tax

Automatic Data fundamental ratios Correlations

Automatic Data Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Automatic Data fundamental ratios Accounts

Also Currently Popular

Additional Tools for Automatic Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash

Other Stockholder Equity	- 0.91	Retained Earnings
Other Stockholder Equity	- 0.9	Non Current Liabilities Total
Other Stockholder Equity	- 0.9	Net Receivables
Intangible Assets	- 0.89	Other Stockholder Equity
Intangible Assets	- 0.89	Accounts Payable
Total Liab	- 0.88	Other Stockholder Equity