AirbnbInc Tax Provision vs Gross Profit Analysis

ABNB Stock  USD 147.19  1.39  0.95%   
AirbnbInc financial indicator trend analysis is way more than just evaluating AirbnbInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AirbnbInc is a good investment. Please check the relationship between AirbnbInc Tax Provision and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AirbnbInc. 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.
For information on how to trade AirbnbInc Stock refer to our How to Trade AirbnbInc Stock guide.

Tax Provision vs Gross Profit

Tax Provision vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AirbnbInc Tax Provision account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between AirbnbInc's Tax Provision and Gross Profit is -0.63. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Gross Profit in the same time period over historical financial statements of AirbnbInc, assuming nothing else is changed. The correlation between historical values of AirbnbInc's Tax Provision and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of AirbnbInc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Tax Provision i.e., AirbnbInc's Tax Provision and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of AirbnbInc minus its cost of goods sold. It is profit before AirbnbInc operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from AirbnbInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AirbnbInc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AirbnbInc. 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.
For information on how to trade AirbnbInc Stock refer to our How to Trade AirbnbInc Stock guide.The current year's Tax Provision is expected to grow to about (2.5 B). In addition to that, Selling General Administrative is expected to decline to about 1 B
 2021 2022 2023 2024 (projected)
Depreciation And Amortization138M81M44M76.0M
Interest Income12.7M186M631M662.6M

AirbnbInc fundamental ratios Correlations

0.550.650.570.470.340.47-0.55-0.51-0.120.560.380.35-0.180.690.490.070.260.290.76-0.20.430.740.630.43-0.47
0.550.540.990.940.750.94-0.01-0.91-0.750.790.940.780.070.80.97-0.160.870.930.93-0.810.710.870.950.970.15
0.650.540.570.610.20.56-0.63-0.64-0.020.330.40.64-0.520.290.47-0.50.210.30.64-0.410.780.650.610.44-0.51
0.570.990.570.920.80.910.02-0.89-0.70.850.90.80.120.820.94-0.160.880.890.92-0.750.730.850.980.940.18
0.470.940.610.920.680.99-0.04-0.96-0.750.710.920.850.010.730.94-0.30.830.890.85-0.910.810.910.880.930.1
0.340.750.20.80.680.640.52-0.58-0.590.960.640.750.650.840.65-0.070.930.650.58-0.450.570.530.840.660.63
0.470.940.560.910.990.64-0.05-0.98-0.820.680.960.770.00.720.97-0.180.820.920.85-0.940.730.930.850.950.07
-0.55-0.01-0.630.02-0.040.52-0.050.15-0.320.320.050.10.890.14-0.030.130.470.13-0.290.01-0.14-0.30.020.020.98
-0.51-0.91-0.64-0.89-0.96-0.58-0.980.150.78-0.65-0.95-0.710.08-0.65-0.950.12-0.76-0.88-0.830.92-0.69-0.92-0.83-0.930.04
-0.12-0.75-0.02-0.7-0.75-0.59-0.82-0.320.78-0.58-0.91-0.41-0.33-0.59-0.86-0.25-0.82-0.91-0.550.87-0.25-0.66-0.58-0.85-0.37
0.560.790.330.850.710.960.680.32-0.65-0.580.680.690.550.910.710.050.890.650.69-0.450.550.660.890.690.42
0.380.940.40.90.920.640.960.05-0.95-0.910.680.630.090.690.990.020.850.980.81-0.930.540.850.820.980.16
0.350.780.640.80.850.750.770.1-0.71-0.410.690.630.090.640.67-0.650.750.620.7-0.630.970.670.830.690.26
-0.180.07-0.520.120.010.650.00.890.08-0.330.550.090.090.40.040.360.520.12-0.150.07-0.15-0.120.160.040.86
0.690.80.290.820.730.840.720.14-0.65-0.590.910.690.640.40.740.040.80.680.81-0.480.540.780.850.730.26
0.490.970.470.940.940.650.97-0.03-0.95-0.860.710.990.670.040.74-0.030.840.970.88-0.90.60.90.870.990.1
0.07-0.16-0.5-0.16-0.3-0.07-0.180.130.12-0.250.050.02-0.650.360.04-0.03-0.05-0.03-0.190.16-0.75-0.1-0.21-0.090.01
0.260.870.210.880.830.930.820.47-0.76-0.820.890.850.750.520.80.84-0.050.860.67-0.720.580.660.860.850.58
0.290.930.30.890.890.650.920.13-0.88-0.910.650.980.620.120.680.97-0.030.860.8-0.90.520.780.790.990.26
0.760.930.640.920.850.580.85-0.29-0.83-0.550.690.810.7-0.150.810.88-0.190.670.8-0.670.710.910.90.88-0.13
-0.2-0.81-0.41-0.75-0.91-0.45-0.940.010.920.87-0.45-0.93-0.630.07-0.48-0.90.16-0.72-0.9-0.67-0.58-0.8-0.64-0.89-0.08
0.430.710.780.730.810.570.73-0.14-0.69-0.250.550.540.97-0.150.540.6-0.750.580.520.71-0.580.680.770.620.02
0.740.870.650.850.910.530.93-0.3-0.92-0.660.660.850.67-0.120.780.9-0.10.660.780.91-0.80.680.810.86-0.2
0.630.950.610.980.880.840.850.02-0.83-0.580.890.820.830.160.850.87-0.210.860.790.9-0.640.770.810.860.18
0.430.970.440.940.930.660.950.02-0.93-0.850.690.980.690.040.730.99-0.090.850.990.88-0.890.620.860.860.16
-0.470.15-0.510.180.10.630.070.980.04-0.370.420.160.260.860.260.10.010.580.26-0.13-0.080.02-0.20.180.16
Click cells to compare fundamentals

AirbnbInc Account Relationship Matchups

AirbnbInc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B10.5B13.7B16.0B20.7B13.9B
Other Current Liab1.1B407.9M903.7M6.6B8.3B8.7B
Total Current Liabilities5.2B5.1B6.4B8.0B10.0B7.0B
Total Stockholder Equity(807.7M)2.9B4.8B5.6B8.2B8.6B
Other Liab271.2M203.5M218.5M218M250.7M236.3M
Net Tangible Assets(1.6B)2.2B4.1B4.9B5.6B5.9B
Property Plant And Equipment Net686.9M654.3M428.6M259M279M349.0M
Net Debt(1.6B)(3.2B)(3.6B)(5.0B)(4.6B)(4.8B)
Retained Earnings(1.4B)(6.0B)(6.4B)(6.0B)(3.4B)(3.6B)
Accounts Payable151.4M79.9M118.4M137M141M128.0M
Cash2.0B5.5B6.1B7.4B6.9B5.5B
Non Current Assets Total1.7B1.6B1.3B1.2B4.2B4.4B
Non Currrent Assets Other306.8M189.2M188.6M139M89M136.4M
Other Assets162.6M99.6M188.6M155M178.3M157.6M
Cash And Short Term Investments3.1B6.4B8.3B9.6B10.1B7.5B
Net Receivables3.1B2.2B3.7B4.8B249M236.6M
Good Will652.1M655.8M652.6M650M752M669.6M
Short Term Investments1.1B910.7M2.3B2.2B3.2B2.0B
Liabilities And Stockholders Equity8.3B10.5B13.7B16.0B20.7B13.9B
Non Current Liabilities Total3.9B2.4B2.6B2.5B2.6B2.3B
Capital Lease Obligations419.4M487.5M436.0M354M313M368.5M
Other Current Assets341.6M310.0M333.7M456M6.2B6.5B
Other Stockholder Equity(2.6B)(1.6B)11.1B11.6B11.6B12.2B
Total Liab9.1B7.6B8.9B10.5B12.5B10.2B
Net Invested Capital(807.7M)4.7B6.8B7.5B10.2B5.1B
Property Plant And Equipment Gross686.9M654.3M428.6M259M389M363.6M
Total Current Assets6.6B8.9B12.4B14.9B16.5B11.9B
Accumulated Other Comprehensive Income(4.4M)2.6M(6.9M)(32M)(49M)(46.6M)
Non Current Liabilities Other271.2M203.5M218.5M218M287M249.5M
Net Working Capital1.3B3.8B6.0B6.9B6.6B4.9B
Intangible Assets102.9M75.9M52.3M34M40M44.5M
Property Plant Equipment686.9M654.3M428.6M121M108.9M103.5M

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When determining whether AirbnbInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AirbnbInc'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 Airbnbinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Airbnbinc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AirbnbInc. 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.
For information on how to trade AirbnbInc Stock refer to our How to Trade AirbnbInc Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is AirbnbInc's industry 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 AirbnbInc. If investors know AirbnbInc 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 AirbnbInc 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
1.301
Earnings Share
7.46
Revenue Per Share
16.052
Quarterly Revenue Growth
0.178
Return On Assets
0.0456
The market value of AirbnbInc is measured differently than its book value, which is the value of AirbnbInc that is recorded on the company's balance sheet. Investors also form their own opinion of AirbnbInc's value that differs from its market value or its book value, called intrinsic value, which is AirbnbInc'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 AirbnbInc's market value can be influenced by many factors that don't directly affect AirbnbInc'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 AirbnbInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if AirbnbInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AirbnbInc'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.