Marvell Income Tax Expense vs Total Operating Expenses Analysis

MRVL Stock  USD 92.69  2.59  2.87%   
Marvell Technology financial indicator trend analysis is infinitely more than just investigating Marvell Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marvell Technology is a good investment. Please check the relationship between Marvell Technology Income Tax Expense and its Total Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marvell Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Income Tax Expense vs Total Operating Expenses

Income Tax Expense vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marvell Technology Income Tax Expense account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Marvell Technology's Income Tax Expense and Total Operating Expenses is 0.26. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Marvell Technology Group, assuming nothing else is changed. The correlation between historical values of Marvell Technology's Income Tax Expense 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 Income Tax Expense of Marvell Technology Group 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 Income Tax Expense i.e., Marvell Technology's Income Tax Expense and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Tax Expense

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 Marvell Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marvell Technology 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marvell Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, Marvell Technology's Enterprise Value Multiple is quite stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit2.1B3.0B2.3B1.3B
Total Revenue4.5B5.9B5.5B5.8B

Marvell Technology fundamental ratios Correlations

1.00.990.890.510.860.991.01.00.990.830.90.91-0.090.96-0.190.7-0.110.99-0.410.980.610.940.510.950.2
1.00.990.880.520.860.980.990.990.980.810.890.91-0.060.95-0.150.71-0.10.98-0.40.980.630.940.510.940.21
0.990.990.890.520.850.990.980.990.990.80.860.87-0.140.98-0.210.65-0.190.99-0.510.960.590.910.470.930.1
0.890.880.890.130.720.880.90.90.90.810.840.890.00.86-0.340.48-0.080.88-0.420.880.470.880.20.920.09
0.510.520.520.130.470.540.480.490.510.230.270.25-0.110.530.080.51-0.180.55-0.310.440.280.350.770.370.06
0.860.860.850.720.470.830.840.840.830.650.770.74-0.020.820.020.81-0.130.82-0.40.830.760.810.50.760.3
0.990.980.990.880.540.830.980.991.00.790.840.87-0.160.98-0.270.64-0.191.0-0.50.950.560.910.490.940.1
1.00.990.980.90.480.840.980.990.990.840.90.93-0.090.95-0.220.69-0.090.98-0.370.990.610.950.510.970.24
1.00.990.990.90.490.840.990.990.990.850.910.9-0.140.96-0.260.67-0.120.99-0.430.970.580.940.50.960.19
0.990.980.990.90.510.831.00.990.990.80.860.88-0.180.98-0.290.63-0.191.0-0.50.960.550.920.470.940.11
0.830.810.80.810.230.650.790.840.850.80.950.87-0.060.73-0.30.530.130.79-0.120.850.50.830.530.870.36
0.90.890.860.840.270.770.840.90.910.860.950.9-0.050.79-0.180.690.120.84-0.160.920.570.930.50.90.42
0.910.910.870.890.250.740.870.930.90.880.870.90.020.8-0.230.690.10.86-0.120.950.580.940.40.960.39
-0.09-0.06-0.140.0-0.11-0.02-0.16-0.09-0.14-0.18-0.06-0.050.02-0.240.530.120.38-0.170.49-0.040.180.010.17-0.060.42
0.960.950.980.860.530.820.980.950.960.980.730.790.8-0.24-0.340.55-0.370.98-0.60.90.480.850.430.9-0.02
-0.19-0.15-0.21-0.340.080.02-0.27-0.22-0.26-0.29-0.3-0.18-0.230.53-0.340.230.37-0.290.33-0.170.44-0.210.09-0.370.28
0.70.710.650.480.510.810.640.690.670.630.530.690.690.120.550.230.310.630.040.760.690.770.590.650.67
-0.11-0.1-0.19-0.08-0.18-0.13-0.19-0.09-0.12-0.190.130.120.10.38-0.370.370.31-0.20.670.040.230.080.15-0.040.67
0.990.980.990.880.550.821.00.980.991.00.790.840.86-0.170.98-0.290.63-0.2-0.50.950.550.90.490.940.1
-0.41-0.4-0.51-0.42-0.31-0.4-0.5-0.37-0.43-0.5-0.12-0.16-0.120.49-0.60.330.040.67-0.5-0.26-0.07-0.20.09-0.280.72
0.980.980.960.880.440.830.950.990.970.960.850.920.95-0.040.9-0.170.760.040.95-0.260.630.980.510.970.35
0.610.630.590.470.280.760.560.610.580.550.50.570.580.180.480.440.690.230.55-0.070.630.540.450.470.43
0.940.940.910.880.350.810.910.950.940.920.830.930.940.010.85-0.210.770.080.9-0.20.980.540.450.960.42
0.510.510.470.20.770.50.490.510.50.470.530.50.40.170.430.090.590.150.490.090.510.450.450.460.5
0.950.940.930.920.370.760.940.970.960.940.870.90.96-0.060.9-0.370.65-0.040.94-0.280.970.470.960.460.28
0.20.210.10.090.060.30.10.240.190.110.360.420.390.42-0.020.280.670.670.10.720.350.430.420.50.28
Click cells to compare fundamentals

Marvell Technology Account Relationship Matchups

Marvell Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.1B10.8B22.1B22.5B21.2B22.3B
Total Stockholder Equity8.7B8.4B15.7B15.6B14.8B15.6B
Non Current Assets Total9.6B9.1B19.6B19.2B18.2B19.1B
Non Currrent Assets Other496.9M190.3M331.5M821.9M906.9M952.2M
Other Assets748.1M870.3M19.6B1.3B1.5B1.1B
Common Stock Shares Outstanding676.1M668.8M796.9M851.4M861.3M600.1M
Liabilities And Stockholders Equity11.1B10.8B22.1B22.5B21.2B22.3B
Non Current Liabilities Total1.7B1.3B5.0B4.5B4.6B4.8B
Other Stockholder Equity6.1B6.3B14.2B14.5B14.8B15.6B
Total Liab2.5B2.3B6.4B6.9B6.4B6.7B
Short Long Term Debt Total1.5B1.2B4.5B4.5B4.4B4.6B
Other Current Liab356.3M574.2M763.4M1.1B1.2B1.3B
Total Current Liabilities710.2M1.1B1.4B2.4B1.8B1.9B
Property Plant And Equipment Net357.1M427.5M604.8M788.7M959.6M1.0B
Current Deferred Revenue111.5M16.1M39M45.2M43.2M48.1M
Net Debt791.4M444.3M3.9B3.6B3.5B3.6B
Retained Earnings2.5B2.1B1.5B1.1B(16.7M)(15.9M)
Accounts Payable213.7M252.4M461.5M465.8M411.3M225.8M
Cash647.6M748.5M613.5M911M950.8M754.3M
Long Term Debt1.4B993.2M4.5B3.9B4.1B4.3B
Cash And Short Term Investments647.6M748.5M613.5M911M950.8M1.3B
Net Receivables492.3M536.7M1.0B1.2B1.1B1.2B
Common Stock Total Equity991K1.3M1.3M1.4M1.6M969.0K
Inventory323.0M268.2M720.3M1.1B864.4M907.6M
Other Current Assets74.6M63.8M222.0M109.6M125.9M84.5M
Property Plant And Equipment Gross468.0M427.5M1.5B1.7B2.0B2.1B
Total Current Assets1.5B1.6B2.5B3.3B3.1B2.0B
Accumulated Other Comprehensive Income(712.9M)(739.5M)0.01.1M990K1.0M
Short Term Debt28.7M232.1M101.4M628.2M146.7M77.7M
Common Stock1.3M1.3M1.4M1.7M2.0M1.0M
Property Plant Equipment357.1M427.5M462.8M788.7M907.0M952.4M
Other Liab189.7M154.4M533.1M388.9M447.2M469.6M
Short Term Investments88.2M114.6M177.6M150.7M2.6M2.5M
Intangible Assets2.8B2.5B6.6B5.5B4.4B4.6B
Good Will5.3B5.3B11.5B11.6B13.3B14.0B
Net Tangible Assets576.6M585.9M(2.0B)(1.5B)(1.3B)(1.3B)

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When determining whether Marvell Technology is a strong investment it is important to analyze Marvell Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Marvell Technology's future performance. For an informed investment choice regarding Marvell Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marvell Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Semiconductors & Semiconductor Equipment 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 Marvell Technology. If investors know Marvell 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 Marvell Technology 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
(0.70)
Dividend Share
0.24
Earnings Share
(1.11)
Revenue Per Share
6.106
Quarterly Revenue Growth
(0.05)
The market value of Marvell Technology is measured differently than its book value, which is the value of Marvell that is recorded on the company's balance sheet. Investors also form their own opinion of Marvell Technology's value that differs from its market value or its book value, called intrinsic value, which is Marvell Technology'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 Marvell Technology's market value can be influenced by many factors that don't directly affect Marvell Technology'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 Marvell Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marvell Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marvell Technology'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.