Alphabet Gross Profit vs Total Operating Expenses Analysis
GOOGL Stock | USD 169.23 0.11 0.07% |
Alphabet financial indicator trend analysis is way more than just evaluating Alphabet Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphabet Class A is a good investment. Please check the relationship between Alphabet Gross Profit and its Total Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphabet Class A Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Alphabet's Gross Profit and Total Operating Expenses is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Alphabet Inc Class A, assuming nothing else is changed. The correlation between historical values of Alphabet's Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Alphabet Inc Class A are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Alphabet's Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Alphabet Inc Class A minus its cost of goods sold. It is profit before Alphabet 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Alphabet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphabet Class A 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Alphabet's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.09 this year, although the value of Tax Provision will most likely fall to about 9.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 68.0B | 81.8B | 89.8B | 94.3B | Cost Of Revenue | 110.9B | 126.2B | 133.3B | 140.0B |
Alphabet fundamental ratios Correlations
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Alphabet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alphabet fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 14.0B | 13.7B | 13.6B | 13.2B | 12.7B | 13.5B | |
Total Assets | 275.9B | 319.6B | 359.3B | 365.3B | 402.4B | 422.5B | |
Total Stockholder Equity | 201.4B | 222.5B | 251.6B | 256.1B | 283.4B | 297.5B | |
Other Assets | 3.1B | 5.0B | 1M | 11.9B | 13.7B | 14.3B | |
Liabilities And Stockholders Equity | 275.9B | 319.6B | 359.3B | 365.3B | 402.4B | 422.5B | |
Other Stockholder Equity | (1.2B) | 633M | (1.6B) | 68.2B | (63.7B) | (60.5B) | |
Total Liab | 74.5B | 97.1B | 107.6B | 109.1B | 119.0B | 125.0B | |
Short Long Term Debt Total | 14.8B | 25.1B | 26.2B | 29.7B | 28.5B | 29.9B | |
Other Current Liab | 36.6B | 45.5B | 51.9B | 48.5B | 64.6B | 67.9B | |
Total Current Liabilities | 45.2B | 56.8B | 64.3B | 69.3B | 81.8B | 85.9B | |
Other Liab | 14.5B | 15.2B | 17.2B | 12.6B | 14.5B | 15.2B | |
Property Plant And Equipment Net | 84.6B | 97.0B | 110.6B | 127.0B | 148.4B | 155.9B | |
Current Deferred Revenue | 1.9B | 2.5B | 3.3B | 3.9B | 4.1B | 4.3B | |
Net Debt | (3.7B) | (1.4B) | 5.3B | 7.8B | 4.5B | 4.7B | |
Retained Earnings | 152.1B | 163.4B | 191.5B | 195.6B | 211.2B | 221.8B | |
Accounts Payable | 5.6B | 5.6B | 6.0B | 5.1B | 7.5B | 7.9B | |
Cash | 18.5B | 26.5B | 20.9B | 21.9B | 24.0B | 13.9B | |
Non Current Assets Total | 123.3B | 145.3B | 171.1B | 200.5B | 230.9B | 242.4B | |
Non Currrent Assets Other | 2.3B | 4.0B | 5.4B | 6.6B | 10.1B | 10.6B | |
Long Term Debt | 4.0B | 13.9B | 14.8B | 12.9B | 11.9B | 6.1B | |
Cash And Short Term Investments | 119.7B | 136.7B | 139.6B | 113.8B | 110.9B | 65.9B | |
Net Receivables | 27.5B | 31.4B | 39.3B | 40.3B | 48.0B | 50.4B | |
Common Stock Total Equity | 50.6B | 58.5B | 61.8B | 68.2B | 78.4B | 82.3B | |
Short Term Investments | 101.2B | 110.2B | 118.7B | 91.9B | 86.9B | 52.1B | |
Non Current Liabilities Total | 29.2B | 40.2B | 43.4B | 39.8B | 37.2B | 39.1B | |
Other Current Assets | 4.4B | 5.5B | 8.0B | 8.1B | 12.7B | 13.3B | |
Property Plant And Equipment Gross | 84.6B | 97.0B | 110.6B | 127.0B | 215.9B | 226.7B | |
Total Current Assets | 152.6B | 174.3B | 188.1B | 164.8B | 171.5B | 180.1B | |
Accumulated Other Comprehensive Income | (1.2B) | 633M | (1.6B) | (7.6B) | (4.4B) | (4.2B) | |
Short Term Debt | 1.2B | 1.7B | 2.2B | 2.5B | 2.8B | 2.6B | |
Intangible Assets | 2.0B | 1.4B | 1.4B | 2.1B | 2.4B | 2.2B | |
Common Stock | 50.6B | 58.5B | 61.8B | 68.2B | 76.5B | 80.4B | |
Property Plant Equipment | 84.6B | 84.7B | 97.6B | 112.7B | 129.6B | 136.0B | |
Good Will | 20.6B | 21.2B | 23.0B | 29.0B | 29.2B | 30.7B | |
Inventory | 999M | 728M | 1.2B | 2.7B | 3.1B | 3.2B | |
Net Tangible Assets | 178.8B | 199.9B | 227.3B | 225.1B | 258.9B | 174.2B | |
Deferred Long Term Liab | 1.7B | 3.6B | 5.3B | 514M | 591.1M | 561.5M | |
Long Term Investments | 13.1B | 20.7B | 29.5B | 30.5B | 31.0B | 17.7B | |
Retained Earnings Total Equity | 152.1B | 163.4B | 191.5B | 195.6B | 224.9B | 157.4B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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 Alphabet. If investors know Alphabet 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 Alphabet 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 0.366 | Dividend Share 0.4 | Earnings Share 7.54 | Revenue Per Share 27.443 | Quarterly Revenue Growth 0.151 |
The market value of Alphabet Class A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet'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 Alphabet's market value can be influenced by many factors that don't directly affect Alphabet'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 Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.