International Total Revenue vs Discontinued Operations Analysis
IBM Stock | 34.19 0.10 0.29% |
International Business financial indicator trend analysis is infinitely more than just investigating International Business recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Business is a good investment. Please check the relationship between International Business Total Revenue and its Discontinued Operations accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Business Machines. 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.
Total Revenue vs Discontinued Operations
Total Revenue vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Business Total Revenue account and Discontinued Operations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between International Business' Total Revenue and Discontinued Operations is -0.02. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of International Business Machines, assuming nothing else is changed. The correlation between historical values of International Business' Total Revenue and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of International Business Machines are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Total Revenue i.e., International Business' Total Revenue and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts International Business generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Discontinued Operations
Most indicators from International Business' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Business 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 International Business Machines. 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. As of the 29th of December 2024, Tax Provision is likely to grow to about 1.2 B, though Discontinued Operations is likely to grow to (122.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 31.5B | 32.7B | 34.3B | 27.7B | Total Revenue | 57.4B | 60.5B | 61.9B | 54.7B |
International Business fundamental ratios Correlations
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International Business Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Business fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 152.2B | 156.0B | 132.0B | 127.2B | 135.2B | 110.1B | |
Other Current Liab | 15.3B | 19.8B | 14.9B | 14.8B | 1M | 950K | |
Total Current Liabilities | 37.7B | 39.9B | 33.6B | 31.5B | 34.1B | 28.7B | |
Total Stockholder Equity | 20.8B | 20.6B | 18.9B | 21.9B | 22.5B | 22.3B | |
Other Liab | 35.5B | 38.4B | 32.0B | 25.3B | 22.8B | 26.2B | |
Net Tangible Assets | (52.6B) | (46.9B) | (49.3B) | (45.2B) | (40.7B) | (42.7B) | |
Net Debt | 54.7B | 48.3B | 45.1B | 43.1B | 43.5B | 49.3B | |
Retained Earnings | 163.0B | 162.7B | 154.2B | 149.8B | 151.3B | 125.4B | |
Accounts Payable | 4.9B | 4.0B | 4.0B | 4.1B | 4.1B | 3.7B | |
Cash | 8.2B | 13.2B | 6.7B | 7.9B | 13.1B | 11.1B | |
Non Current Assets Total | 113.8B | 116.8B | 102.5B | 98.1B | 102.3B | 111.4B | |
Non Currrent Assets Other | 321M | 227M | 237M | 1.6B | 1.6B | 1.7B | |
Other Assets | 16.4B | 32.2B | 18.2B | 15.4B | 17.7B | 21.3B | |
Long Term Debt | 54.1B | 54.4B | 44.9B | 46.2B | 50.1B | 52.3B | |
Net Receivables | 10.1B | 5.8B | 6.8B | 6.5B | 7.2B | 6.0B | |
Good Will | 58.2B | 59.6B | 55.6B | 55.9B | 60.2B | 59.7B | |
Common Stock Shares Outstanding | 887.1M | 892.7M | 898.1M | 906.1M | 915.0M | 988.4M | |
Non Current Liabilities Total | 93.5B | 95.4B | 79.4B | 73.7B | 78.5B | 65.2B | |
Inventory | 1.6B | 1.8B | 1.6B | 1.6B | 1.2B | 1.3B | |
Other Current Assets | 2.2B | 4.2B | 2.6B | 1.5B | 2.6B | 2.1B | |
Other Stockholder Equity | (28.6B) | (29.3B) | (23.2B) | (16.7B) | (19.3B) | (20.2B) | |
Total Liab | 131.2B | 135.2B | 113.0B | 105.2B | 112.6B | 93.8B | |
Deferred Long Term Liab | 2.5B | 1.2B | 924M | 866M | 779.4M | 1.3B | |
Net Invested Capital | 83.7B | 82.1B | 70.6B | 72.9B | 79.1B | 82.7B | |
Short Long Term Debt | 8.8B | 7.2B | 6.8B | 4.8B | 6.4B | 5.9B | |
Total Current Assets | 38.4B | 39.2B | 29.5B | 29.1B | 32.9B | 29.1B | |
Capital Stock | 55.9B | 56.6B | 57.3B | 58.3B | 59.6B | 62.9B | |
Non Current Liabilities Other | 1.2B | 1.4B | 1.3B | 12.2B | 1.2B | 1.1B | |
Net Working Capital | 719M | (704M) | (4.1B) | (2.4B) | (1.2B) | (1.2B) | |
Intangible Assets | 15.2B | 13.8B | 12.5B | 11.2B | 11.0B | 12.3B | |
Common Stock | 55.9B | 56.6B | 57.3B | 58.3B | 67.1B | 62.3B | |
Property Plant Equipment | 15.0B | 9.8B | 8.9B | 8.2B | 7.4B | 8.4B |
Pair Trading with International Business
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 International Business 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 International Business will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to International Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Business 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 International Business - 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 International Business Machines to buy it.
The correlation of International Business 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 International Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Business 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 International Business 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Business Machines. 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. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.