Crexendo Tax Provision vs Cost Of Revenue Analysis

CXDO Stock  USD 3.00  0.14  4.46%   
Crexendo financial indicator trend analysis is way more than just evaluating Crexendo prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crexendo is a good investment. Please check the relationship between Crexendo Tax Provision and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crexendo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.

Tax Provision vs Cost Of Revenue

Tax Provision vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crexendo Tax Provision account and Cost Of Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Crexendo's Tax Provision and Cost Of Revenue is 0.11. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Crexendo, assuming nothing else is changed. The correlation between historical values of Crexendo's Tax Provision 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 Tax Provision of Crexendo 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 Tax Provision i.e., Crexendo's Tax Provision and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Cost Of Revenue

Cost of Revenue is found on Crexendo income statement and represents the costs associated with goods and services Crexendo 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 Crexendo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crexendo 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 Crexendo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.As of the 17th of June 2024, Selling General Administrative is likely to grow to about 15.2 M. Also, Tax Provision is likely to grow to about 102.9 K
 2021 2022 2023 2024 (projected)
Gross Profit17.4M23.9M28.9M25.2M
Total Revenue28.1M37.6M53.2M36.1M

Crexendo fundamental ratios Correlations

0.780.850.820.950.74-0.41-0.440.680.590.940.590.550.70.390.150.850.730.810.670.380.830.070.390.40.54
0.780.710.560.720.67-0.12-0.340.620.370.730.380.290.520.350.040.690.510.630.420.280.74-0.10.220.510.51
0.850.710.660.850.39-0.12-0.680.560.330.880.320.360.790.2-0.060.90.570.610.380.060.91-0.150.370.260.42
0.820.560.660.750.76-0.38-0.360.880.470.770.440.910.410.640.520.580.970.890.740.480.710.470.770.070.24
0.950.720.850.750.62-0.42-0.550.660.590.980.560.460.660.220.00.820.670.80.60.310.9-0.110.280.440.48
0.740.670.390.760.62-0.49-0.070.760.60.580.620.70.330.650.50.470.750.840.790.520.450.390.460.320.48
-0.41-0.12-0.12-0.38-0.42-0.490.14-0.47-0.96-0.25-0.95-0.46-0.3-0.38-0.39-0.24-0.43-0.6-0.87-0.14-0.13-0.23-0.3-0.61-0.15
-0.44-0.34-0.68-0.36-0.55-0.070.14-0.43-0.24-0.55-0.18-0.21-0.76-0.070.25-0.75-0.36-0.43-0.220.33-0.730.4-0.24-0.04-0.25
0.680.620.560.880.660.76-0.47-0.430.580.640.540.850.350.740.580.490.930.90.790.220.680.430.770.310.22
0.590.370.330.470.590.6-0.96-0.240.580.440.990.470.450.430.330.430.510.710.90.140.330.160.310.730.29
0.940.730.880.770.980.58-0.25-0.550.640.440.40.450.640.2-0.030.820.670.750.490.320.93-0.10.30.310.47
0.590.380.320.440.560.62-0.95-0.180.540.990.40.440.460.440.340.430.470.670.90.150.280.180.290.740.32
0.550.290.360.910.460.7-0.46-0.210.850.470.450.440.210.80.760.320.950.80.790.370.410.710.9-0.030.05
0.70.520.790.410.660.33-0.3-0.760.350.450.640.460.210.19-0.160.950.340.460.41-0.170.65-0.290.180.250.56
0.390.350.20.640.220.65-0.38-0.070.740.430.20.440.80.190.830.230.770.530.710.010.150.780.790.180.24
0.150.04-0.060.520.00.5-0.390.250.580.33-0.030.340.76-0.160.83-0.120.630.410.610.17-0.090.920.810.04-0.02
0.850.690.90.580.820.47-0.24-0.750.490.430.820.430.320.950.23-0.120.50.610.450.030.82-0.250.260.250.56
0.730.510.570.970.670.75-0.43-0.360.930.510.670.470.950.340.770.630.50.870.790.340.640.560.840.120.22
0.810.630.610.890.80.84-0.6-0.430.90.710.750.670.80.460.530.410.610.870.850.440.730.250.610.320.25
0.670.420.380.740.60.79-0.87-0.220.790.90.490.90.790.410.710.610.450.790.850.290.390.470.630.490.27
0.380.280.060.480.310.52-0.140.330.220.140.320.150.37-0.170.010.170.030.340.440.290.20.210.15-0.1-0.01
0.830.740.910.710.90.45-0.13-0.730.680.330.930.280.410.650.15-0.090.820.640.730.390.2-0.220.350.230.35
0.07-0.1-0.150.47-0.110.39-0.230.40.430.16-0.10.180.71-0.290.780.92-0.250.560.250.470.21-0.220.73-0.1-0.14
0.390.220.370.770.280.46-0.3-0.240.770.310.30.290.90.180.790.810.260.840.610.630.150.350.73-0.09-0.09
0.40.510.260.070.440.32-0.61-0.040.310.730.310.74-0.030.250.180.040.250.120.320.49-0.10.23-0.1-0.090.3
0.540.510.420.240.480.48-0.15-0.250.220.290.470.320.050.560.24-0.020.560.220.250.27-0.010.35-0.14-0.090.3
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Crexendo Account Relationship Matchups

Crexendo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8M30.7M77.2M55.6M56.2M33.1M
Short Long Term Debt Total167K2.0M2.8M4.4M2.3M1.3M
Other Current Liab1.9M1.1M4.9M5.0M5.9M3.0M
Total Current Liabilities2.9M2.6M10.6M10.4M10.3M10.2M
Total Stockholder Equity4.4M25.8M65.9M41.5M44.6M46.8M
Property Plant And Equipment Net206K2.7M3.5M4.4M1.7M1.6M
Net Debt(4.0M)(15.6M)(4.7M)(1.1M)(8.0M)(8.5M)
Retained Earnings(58.0M)(50.1M)(52.5M)(87.9M)(88.5M)(92.9M)
Accounts Payable86K561K476K1.2M769K1.1M
Cash4.2M17.6M7.5M5.5M10.3M9.3M
Non Current Assets Total2.1M10.9M65.6M43.3M40.2M42.2M
Cash And Short Term Investments4.2M17.6M7.5M5.5M10.3M7.0M
Net Receivables549K987K2.8M4.3M4.7M5.3M
Common Stock Shares Outstanding15.6M17.4M20.3M22.9M25.9M13.0M
Liabilities And Stockholders Equity7.8M30.7M77.2M55.6M56.2M33.1M
Non Current Liabilities Total510K2.4M647K3.8M1.3M1.2M
Other Stockholder Equity62.4M75.8M118.4M129.2M132.9M76.1M
Total Liab3.4M4.9M11.2M14.2M11.5M15.0M
Property Plant And Equipment Gross206K2.7M3.5M4.4M4.6M4.8M
Total Current Assets5.7M19.8M11.6M12.4M15.9M14.0M
Accumulated Other Comprehensive Income(1.7M)0.012K187K166K174.3K
Short Term Debt80K101K2.4M878K1.2M872.6K
Intangible Assets465K252K22.2M26.7M23.6M24.7M
Other Liab423K450K290K247K222.3K211.2K
Non Currrent Assets Other1.1M156K313K2.7M3.8M2.7M
Other Assets1.1M7.7M2.9M2.7M2.4M2.5M
Inventory270K382K504K231K679K271.2K
Property Plant Equipment206K2.7M3.5M3.3M3.8M4.0M
Current Deferred Revenue791K778K2.7M3.3M2.4M2.3M
Net Tangible Assets3.7M25.2M6.8M5.3M6.1M6.0M
Retained Earnings Total Equity(59.2M)(58.0M)(50.1M)(87.9M)(79.2M)(83.1M)
Capital Surpluse61.2M62.4M75.8M129.2M148.6M76.5M
Deferred Long Term Liab436K549K697K1.3M1.5M1.6M

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Additional Information and Resources on Investing in Crexendo Stock

When determining whether Crexendo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crexendo'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 Crexendo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crexendo Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crexendo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Internet Services & Infrastructure 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 Crexendo. If investors know Crexendo 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 Crexendo 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
35.376
Earnings Share
0.06
Revenue Per Share
2.108
Quarterly Revenue Growth
0.144
Return On Assets
0.0041
The market value of Crexendo is measured differently than its book value, which is the value of Crexendo that is recorded on the company's balance sheet. Investors also form their own opinion of Crexendo's value that differs from its market value or its book value, called intrinsic value, which is Crexendo'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 Crexendo's market value can be influenced by many factors that don't directly affect Crexendo'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 Crexendo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crexendo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crexendo'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.