Taskus Other Stockholder Equity vs Good Will Analysis
TASK Stock | USD 14.66 0.33 2.20% |
Taskus financial indicator trend analysis is much more than just breaking down Taskus Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taskus Inc is a good investment. Please check the relationship between Taskus Other Stockholder Equity and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus 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 state.
Other Stockholder Equity vs Good Will
Other Stockholder Equity vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taskus Inc Other Stockholder Equity account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Taskus' Other Stockholder Equity and Good Will is 0.66. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Good Will in the same time period over historical financial statements of Taskus Inc, assuming nothing else is changed. The correlation between historical values of Taskus' Other Stockholder Equity and Good Will 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 Stockholder Equity of Taskus Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Stockholder Equity i.e., Taskus' Other Stockholder Equity and Good Will go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Stockholder Equity
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Taskus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taskus 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus 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 state. At this time, Taskus' Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 222.8 M this year, although Enterprise Value will most likely fall to about 1.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 329.0M | 401.7M | 385.6M | 327.5M | Total Revenue | 760.7M | 960.5M | 924.4M | 766.3M |
Taskus fundamental ratios Correlations
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Taskus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taskus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 18.1M | 30.5M | 37.4M | 25.4M | 17.6M | 24.5M | |
Total Current Liabilities | 46.9M | 114.8M | 135.9M | 109.9M | 101.8M | 99.6M | |
Other Liab | 61.4M | 58.8M | 47.7M | 39.9M | 35.9M | 44.4M | |
Net Tangible Assets | (157.4M) | (100.9M) | (38.0M) | 455.6M | 524.0M | 550.2M | |
Retained Earnings | (101.9M) | (67.4M) | (176.1M) | (135.7M) | (90.0M) | (94.5M) | |
Accounts Payable | 24.3M | 38.3M | 40.9M | 37.1M | 25.3M | 33.2M | |
Other Assets | 2.6M | 3.2M | 6.5M | 13.7M | 1.0 | 0.95 | |
Net Receivables | 59.8M | 89.5M | 167.4M | 182.9M | 178.8M | 132.6M | |
Other Current Assets | 559K | 14.1M | 15.4M | 24.5M | 23.9M | 14.4M | |
Other Stockholder Equity | 399.0M | 398.2M | 556.4M | 600.9M | 539.2M | 457.3M | |
Total Current Assets | 108.1M | 211.3M | 246.3M | 341.4M | 328.5M | 240.3M | |
Property Plant Equipment | 45.1M | 57.0M | 80.0M | 75.1M | 86.3M | 64.1M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus 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 state. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Data Processing & Outsourced 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 Taskus. If investors know Taskus 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 Taskus 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 0.4 | Earnings Share 0.58 | Revenue Per Share 10.752 | Quarterly Revenue Growth 0.132 | Return On Assets 0.0762 |
The market value of Taskus Inc is measured differently than its book value, which is the value of Taskus that is recorded on the company's balance sheet. Investors also form their own opinion of Taskus' value that differs from its market value or its book value, called intrinsic value, which is Taskus' 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 Taskus' market value can be influenced by many factors that don't directly affect Taskus' 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 Taskus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taskus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taskus' 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.