Baidu Income Tax Expense vs Selling General Administrative Analysis

BIDU Stock  USD 85.05  0.23  0.27%   
Baidu financial indicator trend analysis is way more than just evaluating Baidu Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baidu Inc is a good investment. Please check the relationship between Baidu Income Tax Expense and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baidu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Income Tax Expense vs Selling General Administrative

Income Tax Expense vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baidu Inc Income Tax Expense account and Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between Baidu's Income Tax Expense and Selling General Administrative is 0.01. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Baidu Inc, assuming nothing else is changed. The correlation between historical values of Baidu's Income Tax Expense and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Baidu Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Tax Expense i.e., Baidu's Income Tax Expense and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

Selling General Administrative

Most indicators from Baidu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baidu Inc 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 Baidu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Baidu's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.4 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit60.2B59.7B69.6B73.0B
Total Revenue124.5B123.7B134.6B141.3B

Baidu fundamental ratios Correlations

0.770.960.990.970.990.970.990.771.01.00.770.060.970.450.930.930.990.841.00.80.970.870.920.750.86
0.770.810.760.760.760.720.730.580.740.770.81-0.250.680.550.710.750.770.650.790.830.760.620.730.70.53
0.960.810.920.870.920.920.950.70.940.950.90.030.90.390.810.820.980.730.960.70.890.780.840.710.81
0.990.760.920.980.990.960.990.760.990.990.730.030.950.440.950.960.960.880.990.840.990.90.950.740.85
0.970.760.870.980.980.930.950.750.960.970.680.040.920.420.980.980.920.910.970.90.990.910.960.730.78
0.990.760.920.990.980.980.980.720.980.990.720.050.950.480.940.940.960.890.990.830.980.880.920.70.83
0.970.720.920.960.930.980.970.630.960.970.710.030.940.420.890.880.950.850.960.770.950.850.880.640.84
0.990.730.950.990.950.980.970.750.990.990.750.070.970.450.90.90.990.820.990.760.950.850.890.720.87
0.770.580.70.760.750.720.630.750.780.760.510.250.840.570.70.720.780.440.750.610.730.490.660.940.74
1.00.740.940.990.960.980.960.990.780.990.740.070.970.460.920.920.980.820.990.790.970.850.910.760.88
1.00.770.950.990.970.990.970.990.760.990.760.070.970.470.920.920.980.841.00.80.970.870.920.740.87
0.770.810.90.730.680.720.710.750.510.740.76-0.080.660.150.650.640.80.580.790.580.690.640.70.570.52
0.06-0.250.030.030.040.050.030.070.250.070.07-0.080.19-0.03-0.03-0.050.11-0.120.04-0.290.05-0.1-0.110.030.28
0.970.680.90.950.920.950.940.970.840.970.970.660.190.530.870.860.970.720.950.710.920.750.830.810.9
0.450.550.390.440.420.480.420.450.570.460.470.15-0.030.530.30.390.470.240.440.430.40.160.270.560.56
0.930.710.810.950.980.940.890.90.70.920.920.65-0.030.870.30.980.860.920.930.910.970.930.980.70.71
0.930.750.820.960.980.940.880.90.720.920.920.64-0.050.860.390.980.860.930.930.930.980.940.990.70.74
0.990.770.980.960.920.960.950.990.780.980.980.80.110.970.470.860.860.740.980.720.930.780.860.780.88
0.840.650.730.880.910.890.850.820.440.820.840.58-0.120.720.240.920.930.740.850.870.90.970.920.410.6
1.00.790.960.990.970.990.960.990.750.991.00.790.040.950.440.930.930.980.850.810.970.880.930.740.84
0.80.830.70.840.90.830.770.760.610.790.80.58-0.290.710.430.910.930.720.870.810.880.830.910.680.54
0.970.760.890.990.990.980.950.950.730.970.970.690.050.920.40.970.980.930.90.970.880.910.960.720.81
0.870.620.780.90.910.880.850.850.490.850.870.64-0.10.750.160.930.940.780.970.880.830.910.960.460.68
0.920.730.840.950.960.920.880.890.660.910.920.7-0.110.830.270.980.990.860.920.930.910.960.960.670.73
0.750.70.710.740.730.70.640.720.940.760.740.570.030.810.560.70.70.780.410.740.680.720.460.670.68
0.860.530.810.850.780.830.840.870.740.880.870.520.280.90.560.710.740.880.60.840.540.810.680.730.68
Click cells to compare fundamentals

Baidu Account Relationship Matchups

Baidu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets301.3B332.7B380.0B391.0B406.8B427.1B
Other Current Liab2.2B53.3B37.8B38.3B35.2B37.0B
Total Current Liabilities57.4B68.4B74.5B79.6B76.5B80.3B
Total Stockholder Equity163.6B182.7B211.5B223.5B243.6B255.8B
Property Plant And Equipment Net25.6B27.3B35.1B34.3B38.8B40.8B
Current Deferred Revenue11.6B13.6B13.8B13.2B16.3B17.1B
Net Debt40.1B46.8B54.7B38.2B59.4B62.3B
Retained Earnings126.3B135.3B145.2B148.3B161.2B169.3B
Cash33.4B35.8B36.9B53.2B25.2B15.8B
Non Current Assets Total135.8B149.4B166.7B178.1B176.5B185.3B
Cash And Short Term Investments146.4B162.2B180.1B174.0B193.9B203.6B
Net Receivables9.0B11.6B14.8B21.1B16.6B17.5B
Common Stock Shares Outstanding2.8B344.5M351.8M351.1M44.3M42.1M
Liabilities And Stockholders Equity301.3B332.7B380.0B391.0B406.8B427.1B
Non Current Liabilities Total71.1B72.5B81.6B73.5B67.7B71.1B
Inventory996M5.3B1.5B1.2B1.4B852.9M
Other Current Assets9.2B8.5B16.5B16.1B18.0B18.8B
Other Stockholder Equity38.7B47.2B66.3B74.6B83.3B87.4B
Total Liab128.5B140.9B156.1B153.2B144.2B151.4B
Property Plant And Equipment Gross25.6B27.3B35.1B34.3B74.7B78.4B
Total Current Assets165.6B183.3B213.3B212.9B230.3B241.8B
Accumulated Other Comprehensive Income(1.4B)199M(8M)546M(895M)(850.3M)
Property Plant Equipment25.6B27.3B35.1B34.3B39.5B41.5B
Non Currrent Assets Other12.4B6.9B19.4B19.2B34.6B36.4B
Other Assets14.5B15.1B32.7B34.3B39.4B41.4B
Intangible Assets7.9B15.0B19.9B21.1B7.8B5.7B
Other Liab8.4B7.5B7.6B5.5B6.4B6.7B
Good Will18.3B22.2B22.6B22.5B22.6B12.4B
Short Term Investments112.9B126.4B143.2B120.8B168.7B177.1B
Short Long Term Debt Total73.5B82.6B91.5B91.4B84.6B49.1B
Long Term Debt58.2B60.3B68.4B63.2B57.4B37.3B
Accounts Payable32.7B6.2B41.4B38.0B5.8B5.5B
Short Term Debt10.9B17.6B17.5B23.4B22.2B23.3B
Net Tangible Assets137.5B152.0B179.9B192.9B221.8B111.4B
Long Term Investments69.4B76.2B67.3B78.9B72.6B55.1B
Short Long Term Debt8.6B15.2B14.7B20.6B19.1B13.2B
Deferred Long Term Liab4.4B6.6B11.0B13.0B15.0B15.7B

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