TechTarget, Other Operating Expenses vs Cost Of Revenue Analysis

TTGT Stock  USD 22.80  0.68  2.90%   
TechTarget, Common financial indicator trend analysis is much more than just breaking down TechTarget, Common Stock prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TechTarget, Common Stock is a good investment. Please check the relationship between TechTarget, Common Other Operating Expenses and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TechTarget, Common Stock. 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.

Other Operating Expenses vs Cost Of Revenue

Other Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TechTarget, Common Stock Other Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between TechTarget, Common's Other Operating Expenses and Cost Of Revenue is 1.0. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of TechTarget, Common Stock, assuming nothing else is changed. The correlation between historical values of TechTarget, Common's Other Operating Expenses and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of TechTarget, Common Stock are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Other Operating Expenses i.e., TechTarget, Common's Other Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of TechTarget, Common Stock. It is also known as TechTarget, Common overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on TechTarget, Common Stock income statement and represents the costs associated with goods and services TechTarget, Common 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.
Most indicators from TechTarget, Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TechTarget, Common Stock 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TechTarget, Common Stock. 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, TechTarget, Common's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 32.4 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit192.2M219M154.4K146.7K
Total Revenue263.4M297.5M230.0M127.7M

TechTarget, Common fundamental ratios Correlations

0.610.910.960.970.20.210.970.160.980.20.980.980.980.690.830.890.830.910.720.830.870.580.560.280.82
0.610.350.510.67-0.20.560.50.730.440.820.460.530.480.420.510.540.530.530.540.730.790.740.040.430.37
0.910.350.820.890.170.160.89-0.080.94-0.070.930.880.920.550.670.860.640.930.730.620.740.520.750.250.93
0.960.510.820.870.370.00.980.050.970.090.970.980.970.710.870.820.90.820.610.840.810.470.460.170.69
0.970.670.890.870.10.440.890.20.920.280.930.90.920.730.820.910.790.910.780.820.910.630.480.320.81
0.2-0.20.170.370.1-0.290.29-0.360.32-0.480.320.280.310.090.360.140.420.170.040.340.12-0.21-0.01-0.18-0.02
0.210.560.160.00.44-0.290.00.450.070.550.090.030.080.270.210.290.130.220.440.280.430.31-0.110.270.15
0.970.50.890.980.890.290.00.070.980.10.981.00.990.630.790.830.820.870.660.770.780.480.620.190.8
0.160.73-0.080.050.2-0.360.450.07-0.040.95-0.030.110.03-0.16-0.080.020.010.090.040.230.220.32-0.080.390.01
0.980.440.940.970.920.320.070.98-0.04-0.011.00.981.00.690.830.870.830.890.70.780.810.480.610.190.82
0.20.82-0.070.090.28-0.480.550.10.95-0.010.020.130.060.050.060.080.120.090.160.30.350.4-0.150.390.01
0.980.460.930.970.930.320.090.98-0.031.00.020.981.00.710.850.870.850.890.70.80.830.50.580.210.81
0.980.530.880.980.90.280.031.00.110.980.130.980.990.640.80.830.830.880.660.80.810.510.60.220.79
0.980.480.920.970.920.310.080.990.031.00.061.00.990.670.820.850.830.890.710.780.810.490.620.230.82
0.690.420.550.710.730.090.270.63-0.160.690.050.710.640.670.90.670.840.510.610.680.750.40.040.060.39
0.830.510.670.870.820.360.210.79-0.080.830.060.850.80.820.90.730.980.660.610.880.870.490.130.190.45
0.890.540.860.820.910.140.290.830.020.870.080.870.830.850.670.730.680.930.650.740.80.640.450.170.85
0.830.530.640.90.790.420.130.820.010.830.120.850.830.830.840.980.680.630.570.90.860.460.130.260.41
0.910.530.930.820.910.170.220.870.090.890.090.890.880.890.510.660.930.630.620.750.790.70.590.30.91
0.720.540.730.610.780.040.440.660.040.70.160.70.660.710.610.610.650.570.620.510.760.420.560.070.69
0.830.730.620.840.820.340.280.770.230.780.30.80.80.780.680.880.740.90.750.510.920.70.080.350.46
0.870.790.740.810.910.120.430.780.220.810.350.830.810.810.750.870.80.860.790.760.920.780.240.40.61
0.580.740.520.470.63-0.210.310.480.320.480.40.50.510.490.40.490.640.460.70.420.70.780.120.550.52
0.560.040.750.460.48-0.01-0.110.62-0.080.61-0.150.580.60.620.040.130.450.130.590.560.080.240.120.020.83
0.280.430.250.170.32-0.180.270.190.390.190.390.210.220.230.060.190.170.260.30.070.350.40.550.020.17
0.820.370.930.690.81-0.020.150.80.010.820.010.810.790.820.390.450.850.410.910.690.460.610.520.830.17
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TechTarget, Common Account Relationship Matchups

TechTarget, Common fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets221.6M456.6M789M764.7M699.9M734.9M
Total Stockholder Equity153.0M202.5M222.8M217.5M222.9M135.2M
Net Debt2.0M101.8M119.7M135.6M204.5M214.7M
Cash52.5M82.6M361.6M344.5M226.7M238.0M
Non Current Assets Total134.2M328.8M350.9M333.9M328.4M344.8M
Non Currrent Assets Other936K907K893K20.8M650K617.5K
Other Assets1.1M27.2M1.4M3.6M4.1M5.6M
Cash And Short Term Investments57.5M82.7M381.7M364.7M326.3M342.6M
Common Stock Shares Outstanding28.3M28.7M29.5M34.1M28.5M33.4M
Liabilities And Stockholders Equity221.6M456.6M789M764.7M699.9M734.9M
Non Current Liabilities Total52.3M207.6M496.2M489.4M440.0M462.0M
Other Stockholder Equity132.7M163.3M183.6M146.6M142.6M142.8M
Total Liab68.7M254.1M566.2M547.2M477.0M500.8M
Total Current Assets87.4M127.8M438.1M430.8M371.5M390.0M
Short Long Term Debt Total54.5M184.4M481.3M480.2M431.2M452.7M
Other Current Liab6.2M18.7M27.1M11.5M10.4M7.8M
Total Current Liabilities16.4M46.4M70M57.9M37.0M25.9M
Property Plant And Equipment Net38.8M39.7M42.1M42.5M42.1M44.2M
Current Deferred Revenue4.3M15.7M30.5M27.1M14.7M10.1M
Retained Earnings20.5M37.6M38.8M80.4M84.8M89.1M
Accounts Payable2.0M4.3M3.8M3.3M5.3M3.3M
Net Receivables27.1M40.2M51.1M60.4M39.2M28.9M
Good Will93.6M179.1M197.1M192.2M194.1M113.1M
Common Stock Total Equity53K54K55K56K64.4K48.6K
Short Term Investments5.0M84K20.1M20.2M99.6M104.6M
Other Current Assets2.8M5.7M5.4M5.7M6.0M5.2M
Property Plant And Equipment Gross38.8M39.7M42.1M42.5M97.2M102.0M
Accumulated Other Comprehensive Income(319K)1.6M298K(9.5M)(4.5M)(4.3M)
Short Term Debt3.8M7.2M8.1M8.2M4.0M5.5M
Intangible Assets710K108.9M110.4M95.5M89.2M93.6M
Common Stock55K56K57K58K59K50.9K
Other Liab1.6M26.8M19.0M13.3M15.3M16.0M
Long Term Debt22.5M153.9M453.2M455.7M410.5M431.0M
Property Plant Equipment38.8M39.7M42.1M42.5M48.9M51.4M
Net Tangible Assets58.6M(85.5M)(84.7M)(70.3M)(63.2M)(60.1M)

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Additional Tools for TechTarget, Stock Analysis

When running TechTarget, Common's price analysis, check to measure TechTarget, Common'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 TechTarget, Common is operating at the current time. Most of TechTarget, Common's value examination focuses on studying past and present price action to predict the probability of TechTarget, Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechTarget, Common's price. Additionally, you may evaluate how the addition of TechTarget, Common to your portfolios can decrease your overall portfolio volatility.