Stantec Income Tax Expense vs Cost Of Revenue Analysis

STN Stock  CAD 111.80  0.44  0.40%   
Stantec financial indicator trend analysis is much more than just breaking down Stantec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stantec is a good investment. Please check the relationship between Stantec Income Tax Expense and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stantec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stantec Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stantec's Income Tax Expense and Cost Of Revenue is 0.66. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Stantec, assuming nothing else is changed. The correlation between historical values of Stantec's Income Tax Expense 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 Income Tax Expense of Stantec 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 Income Tax Expense i.e., Stantec's Income Tax Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Stantec income statement and represents the costs associated with goods and services Stantec 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 Stantec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stantec 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 Stantec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.At this time, Stantec's Selling General Administrative is very stable compared to the past year. As of the 29th of April 2024, Discontinued Operations is likely to grow to about 14.5 M, while Tax Provision is likely to drop about 83.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.4B2.7B2.9B
Total Revenue4.6B5.7B6.5B6.8B

Stantec fundamental ratios Correlations

0.970.340.970.920.870.710.610.720.390.970.760.470.670.120.940.53-0.1-0.030.940.90.980.70.640.970.75
0.970.250.920.90.930.730.660.590.280.970.790.380.590.20.960.52-0.3-0.060.90.970.920.650.520.970.75
0.340.250.210.310.340.770.280.09-0.220.40.010.640.870.180.50.440.280.420.320.280.26-0.010.660.19-0.13
0.970.920.210.880.780.580.530.810.480.920.740.370.570.040.840.46-0.09-0.150.930.830.980.80.60.960.85
0.920.90.310.880.790.60.860.560.10.960.710.580.660.30.880.7-0.040.250.740.80.910.460.520.940.7
0.870.930.340.780.790.790.60.40.220.890.750.450.590.190.930.5-0.410.00.830.980.80.590.390.840.6
0.710.730.770.580.60.790.470.31-0.050.760.470.510.870.230.870.48-0.150.170.710.770.590.360.70.620.29
0.610.660.280.530.860.60.470.15-0.380.750.480.580.550.510.670.76-0.130.520.330.590.580.050.270.710.44
0.720.590.090.810.560.40.310.150.620.60.510.220.4-0.220.520.030.27-0.180.750.440.770.730.630.650.69
0.390.28-0.220.480.10.22-0.05-0.380.620.180.24-0.02-0.1-0.50.16-0.20.07-0.620.580.250.460.710.20.270.4
0.970.970.40.920.960.890.760.750.60.180.730.540.720.250.970.62-0.140.110.870.910.940.570.620.960.7
0.760.790.010.740.710.750.470.480.510.240.730.070.390.090.710.3-0.33-0.060.710.770.770.540.20.790.77
0.470.380.640.370.580.450.510.580.22-0.020.540.070.710.20.530.670.320.560.310.340.450.00.510.380.06
0.670.590.870.570.660.590.870.550.4-0.10.720.390.710.240.750.610.240.430.590.550.610.230.790.570.26
0.120.20.180.040.30.190.230.51-0.22-0.50.250.090.20.240.240.55-0.120.44-0.050.170.08-0.260.040.180.1
0.940.960.50.840.880.930.870.670.520.160.970.710.530.750.240.56-0.180.110.880.930.870.510.640.90.59
0.530.520.440.460.70.50.480.760.03-0.20.620.30.670.610.550.56-0.090.370.330.480.510.060.390.560.3
-0.1-0.30.28-0.09-0.04-0.41-0.15-0.130.270.07-0.14-0.330.320.24-0.12-0.18-0.090.44-0.13-0.47-0.01-0.260.37-0.23-0.33
-0.03-0.060.42-0.150.250.00.170.52-0.18-0.620.11-0.060.560.430.440.110.370.44-0.26-0.12-0.04-0.530.13-0.05-0.32
0.940.90.320.930.740.830.710.330.750.580.870.710.310.59-0.050.880.33-0.13-0.260.870.920.810.650.860.71
0.90.970.280.830.80.980.770.590.440.250.910.770.340.550.170.930.48-0.47-0.120.870.830.650.410.90.7
0.980.920.260.980.910.80.590.580.770.460.940.770.450.610.080.870.51-0.01-0.040.920.830.710.60.950.79
0.70.65-0.010.80.460.590.360.050.730.710.570.540.00.23-0.260.510.06-0.26-0.530.810.650.710.340.650.76
0.640.520.660.60.520.390.70.270.630.20.620.20.510.790.040.640.390.370.130.650.410.60.340.510.21
0.970.970.190.960.940.840.620.710.650.270.960.790.380.570.180.90.56-0.23-0.050.860.90.950.650.510.84
0.750.75-0.130.850.70.60.290.440.690.40.70.770.060.260.10.590.3-0.33-0.320.710.70.790.760.210.84
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Stantec Account Relationship Matchups

Stantec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B4.4B5.2B5.7B6.1B6.4B
Short Long Term Debt Total1.6B1.3B1.9B1.9B2.2B2.3B
Other Current Liab415.3M417.4M519.4M565.1M55M52.3M
Total Current Liabilities1.0B987.2M1.2B1.4B1.6B1.7B
Total Stockholder Equity1.9B1.9B2.0B2.3B2.8B2.9B
Property Plant And Equipment Net845M687.1M710.2M721.1M710.4M745.9M
Net Debt1.4B1.0B1.7B1.8B799.7M421.5M
Retained Earnings917.7M958.6M1.0B1.2B1.4B1.5B
Accounts Payable225.5M217.6M213.1M300.6M351.9M369.5M
Cash208.1M285M193.9M148.3M352.9M370.5M
Non Current Assets Total3.0B2.8B3.6B3.7B3.8B4.0B
Non Currrent Assets Other224.3M60M29.9M282M279.2M293.2M
Cash And Short Term Investments223.5M285M193.9M148.3M170.5M99.1M
Net Receivables1.3B1.2B1.4B1.7B1.0B604.3M
Common Stock Shares Outstanding113.8M111.6M111.9M111.6M114.1M104.4M
Liabilities And Stockholders Equity4.6B4.4B5.2B5.7B6.5B6.8B
Non Current Liabilities Total1.7B1.5B2.0B2.0B1.7B1.8B
Other Current Assets18.1M42.1M23.5M10.2M17.1M16.2M
Other Stockholder Equity23.9M12.9M10.6M6.7M6.0M5.7M
Total Liab2.7B2.5B3.2B3.4B3.3B3.5B
Property Plant And Equipment Gross845M687.1M976M983.4M963.1M1.0B
Total Current Assets1.6B1.6B1.7B1.9B2.3B2.4B
Accumulated Other Comprehensive Income54.1M24.8M(24.7M)140.6M161.7M169.8M
Short Term Debt166.3M154.9M182.1M216.6M249.1M261.5M
Intangible Assets219.6M182M373.3M320.4M265.7M136.8M
Current Deferred Revenue199.2M197.3M264.8M327.7M376.9M395.7M
Other Assets77.1M102.4M78.2M327.2M376.3M395.1M
Good Will1.7B1.7B2.2B2.3B2.4B2.5B
Common Stock Total Equity878.2M867.8M879.8M932.2M1.1B540.8M
Common Stock879.8M932.2M972.4M983.8M1.1B574.0M
Other Liab275.1M312M303.4M250.5M288.1M221.0M
Net Tangible Assets4.1M72.7M(555.9M)(380.8M)(437.9M)(459.8M)
Long Term Debt814M634.2M1.2B1.2B982.3M931.1M
Short Long Term Debt66.4M51.3M58.2M117.6M170.3M95.4M
Property Plant Equipment845M687.1M710.2M721.1M829.3M484.9M
Short Term Investments15.4M34.7M21.4M8.8M7.9M7.5M
Long Term Investments9.4M8.8M178.5M216M248.4M131.8M
Long Term Debt Total1.4B1.2B1.7B1.7B2.0B1.2B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Stantec in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Stantec's short interest history, or implied volatility extrapolated from Stantec options trading.

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When determining whether Stantec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stantec's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stantec Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stantec Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stantec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Please note, there is a significant difference between Stantec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stantec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stantec'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.