Fair Net Income vs Tax Provision Analysis

FICO Stock

USD 1,935 5.42 0.28%

Fair Isaac financial indicator trend analysis is much more than just examining Fair Isaac latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fair Isaac is a good investment. Please check the relationship between Fair Isaac Net Income and its Tax Provision accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fair Isaac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Fair Stock, please use our How to Invest in Fair Isaac guide.

Net Income vs Tax Provision

Net Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fair Isaac Net Income account and Tax Provision. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Fair Isaac's Net Income and Tax Provision is 0.94. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Fair Isaac, assuming nothing else is changed. The correlation between historical values of Fair Isaac's Net Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Fair Isaac are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Net Income i.e., Fair Isaac's Net Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Fair Isaac financial statement analysis. It represents the amount of money remaining after all of Fair Isaac operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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.

Most indicators from Fair Isaac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fair Isaac 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fair Isaac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Fair Stock, please use our How to Invest in Fair Isaac guide.At this time, Fair Isaac's Tax Provision is very stable compared to the past year. As of the 20th of September 2024, Sales General And Administrative To Revenue is likely to grow to 0.26, while Selling General Administrative is likely to drop about 254.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	1.2B	1.4B	1.5B
Total Revenue	1.4B	1.5B	1.7B	1.8B

Gross Profit Total Revenue

Fair Isaac fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Accounts Payable	Short Long Term Debt Total	Intangible Assets	Short Term Debt	Common Stock Total Equity	Short Term Investments
Total Assets		0.85	0.82	-0.43	0.6	0.76	0.86	0.76	0.75	0.73	0.86	0.89	-0.24	0.74	-0.84	0.63	-0.74	0.81	0.6	0.93	0.34	0.78	-0.25	0.23	0.49	-0.4
Other Current Liab	0.85		0.71	-0.74	0.31	0.91	0.97	0.59	0.41	0.9	0.7	0.97	-0.51	0.9	-0.46	0.38	-0.88	0.93	0.31	0.94	-0.1	0.92	-0.62	0.04	0.02	-0.55
Total Current Liabilities	0.82	0.71		-0.32	0.64	0.57	0.7	0.8	0.62	0.66	0.84	0.77	-0.32	0.52	-0.64	0.79	-0.62	0.64	0.64	0.83	0.44	0.6	-0.45	0.68	0.28	-0.3
Total Stockholder Equity	-0.43	-0.74	-0.32		0.08	-0.91	-0.81	-0.34	0.01	-0.81	-0.42	-0.74	0.69	-0.91	-0.02	0.08	0.9	-0.87	0.08	-0.67	0.27	-0.9	0.76	0.3	0.45	0.81
Property Plant And Equipment Net	0.6	0.31	0.64	0.08		0.17	0.32	0.75	0.65	0.42	0.73	0.45	-0.11	0.17	-0.58	0.66	-0.27	0.26	1.0	0.54	0.8	0.21	-0.14	0.39	0.41	0.11
Net Debt	0.76	0.91	0.57	-0.91	0.17		0.97	0.55	0.32	0.89	0.66	0.92	-0.57	1.0	-0.38	0.2	-0.97	0.99	0.17	0.88	-0.07	1.0	-0.63	-0.14	-0.08	-0.77
Retained Earnings	0.86	0.97	0.7	-0.81	0.32	0.97		0.65	0.45	0.91	0.75	0.98	-0.53	0.97	-0.5	0.35	-0.95	0.99	0.32	0.96	0.01	0.98	-0.6	-0.01	0.04	-0.69
Cash	0.76	0.59	0.8	-0.34	0.75	0.55	0.65		0.78	0.65	0.97	0.69	-0.51	0.53	-0.63	0.7	-0.66	0.62	0.75	0.78	0.58	0.58	-0.35	0.41	0.23	-0.42
Non Current Assets Total	0.75	0.41	0.62	0.01	0.65	0.32	0.45	0.78		0.3	0.73	0.48	-0.23	0.31	-0.9	0.76	-0.39	0.38	0.65	0.56	0.54	0.35	0.13	0.36	0.63	-0.11
Non Currrent Assets Other	0.73	0.9	0.66	-0.81	0.42	0.89	0.91	0.65	0.3		0.74	0.95	-0.61	0.89	-0.27	0.32	-0.91	0.92	0.42	0.92	0.06	0.9	-0.74	-0.05	-0.17	-0.55
Cash And Short Term Investments	0.86	0.7	0.84	-0.42	0.73	0.66	0.75	0.97	0.73	0.74		0.79	-0.41	0.64	-0.67	0.65	-0.72	0.72	0.73	0.87	0.55	0.69	-0.37	0.35	0.29	-0.45
Net Receivables	0.89	0.97	0.77	-0.74	0.45	0.92	0.98	0.69	0.48	0.95	0.79		-0.52	0.92	-0.52	0.45	-0.92	0.96	0.45	0.99	0.08	0.94	-0.61	0.06	0.07	-0.55
Common Stock Shares Outstanding	-0.24	-0.51	-0.32	0.69	-0.11	-0.57	-0.53	-0.51	-0.23	-0.61	-0.41	-0.52		-0.56	-0.07	-0.25	0.68	-0.56	-0.11	-0.47	0.15	-0.57	0.75	0.04	0.59	0.51
Non Current Liabilities Total	0.74	0.9	0.52	-0.91	0.17	1.0	0.97	0.53	0.31	0.89	0.64	0.92	-0.56		-0.36	0.16	-0.96	0.99	0.17	0.87	-0.09	0.99	-0.61	-0.21	-0.09	-0.76
Inventory	-0.84	-0.46	-0.64	-0.02	-0.58	-0.38	-0.5	-0.63	-0.9	-0.27	-0.67	-0.52	-0.07	-0.36		-0.67	0.38	-0.43	-0.58	-0.59	-0.53	-0.4	-0.22	-0.35	-0.83	0.14
Other Current Assets	0.63	0.38	0.79	0.08	0.66	0.2	0.35	0.7	0.76	0.32	0.65	0.45	-0.25	0.16	-0.67		-0.29	0.28	0.66	0.54	0.52	0.23	-0.12	0.71	0.4	0.07
Other Stockholder Equity	-0.74	-0.88	-0.62	0.9	-0.27	-0.97	-0.95	-0.66	-0.39	-0.91	-0.72	-0.92	0.68	-0.96	0.38	-0.29		-0.97	-0.27	-0.89	-0.02	-0.97	0.69	0.06	0.12	0.77
Total Liab	0.81	0.93	0.64	-0.87	0.26	0.99	0.99	0.62	0.38	0.92	0.72	0.96	-0.56	0.99	-0.43	0.28	-0.97		0.26	0.93	0.0	1.0	-0.63	-0.07	-0.03	-0.74
Property Plant And Equipment Gross	0.6	0.31	0.64	0.08	1.0	0.17	0.32	0.75	0.65	0.42	0.73	0.45	-0.11	0.17	-0.58	0.66	-0.27	0.26		0.54	0.8	0.21	-0.14	0.39	0.41	0.11
Total Current Assets	0.93	0.94	0.83	-0.67	0.54	0.88	0.96	0.78	0.56	0.92	0.87	0.99	-0.47	0.87	-0.59	0.54	-0.89	0.93	0.54		0.21	0.9	-0.56	0.17	0.15	-0.53
Accounts Payable	0.34	-0.1	0.44	0.27	0.8	-0.07	0.01	0.58	0.54	0.06	0.55	0.08	0.15	-0.09	-0.53	0.52	-0.02	0.0	0.8	0.21		-0.04	0.17	0.46	0.53	0.11
Short Long Term Debt Total	0.78	0.92	0.6	-0.9	0.21	1.0	0.98	0.58	0.35	0.9	0.69	0.94	-0.57	0.99	-0.4	0.23	-0.97	1.0	0.21	0.9	-0.04		-0.63	-0.11	-0.06	-0.76
Intangible Assets	-0.25	-0.62	-0.45	0.76	-0.14	-0.63	-0.6	-0.35	0.13	-0.74	-0.37	-0.61	0.75	-0.61	-0.22	-0.12	0.69	-0.63	-0.14	-0.56	0.17	-0.63		-0.06	0.65	0.49
Short Term Debt	0.23	0.04	0.68	0.3	0.39	-0.14	-0.01	0.41	0.36	-0.05	0.35	0.06	0.04	-0.21	-0.35	0.71	0.06	-0.07	0.39	0.17	0.46	-0.11	-0.06		0.27	0.13
Common Stock Total Equity	0.49	0.02	0.28	0.45	0.41	-0.08	0.04	0.23	0.63	-0.17	0.29	0.07	0.59	-0.09	-0.83	0.4	0.12	-0.03	0.41	0.15	0.53	-0.06	0.65	0.27		0.23
Short Term Investments	-0.4	-0.55	-0.3	0.81	0.11	-0.77	-0.69	-0.42	-0.11	-0.55	-0.45	-0.55	0.51	-0.76	0.14	0.07	0.77	-0.74	0.11	-0.53	0.11	-0.76	0.49	0.13	0.23

Click cells to compare fundamentals

Fair Isaac Account Relationship Matchups

Fair Isaac fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.6B	1.4B	1.6B	1.8B	1.9B
Other Current Liab	118.0M	103.5M	97.9M	161.9M	186.2M	195.6M
Total Current Liabilities	414.5M	559.2M	331.5M	367.7M	422.8M	444.0M
Total Stockholder Equity	331.1M	(110.9M)	(801.9M)	(688.0M)	(791.2M)	(751.6M)
Property Plant And Equipment Net	104.1M	75.2M	54.3M	36.7M	42.2M	39.7M
Net Debt	750.2M	1.1B	1.8B	1.7B	2.0B	2.1B
Retained Earnings	2.2B	2.6B	3.0B	3.4B	3.9B	4.1B
Cash	157.4M	195.4M	133.2M	136.8M	157.3M	83.8M
Non Current Assets Total	1.1B	1.0B	957.3M	1.0B	1.2B	604.0M
Non Currrent Assets Other	105.3M	95.6M	102.5M	114.5M	131.7M	138.3M
Cash And Short Term Investments	157.4M	195.4M	133.2M	136.8M	157.3M	125.3M
Net Receivables	334.2M	312.1M	322.4M	387.9M	446.1M	468.4M
Common Stock Shares Outstanding	29.9M	29.3M	26.3M	25.4M	22.8M	34.7M
Liabilities And Stockholders Equity	1.6B	1.6B	1.4B	1.6B	1.8B	1.9B
Non Current Liabilities Total	860.6M	1.1B	1.9B	1.9B	2.2B	2.3B
Other Current Assets	42.5M	43.5M	29.1M	31.7M	36.5M	23.5M
Other Stockholder Equity	(1.8B)	(2.6B)	(3.6B)	(4.0B)	(3.6B)	(3.4B)
Total Liab	1.3B	1.7B	2.2B	2.3B	2.6B	2.7B
Property Plant And Equipment Gross	104.1M	75.2M	54.3M	36.7M	42.2M	39.7M
Total Current Assets	534.1M	551.0M	484.7M	556.4M	639.9M	671.9M
Accumulated Other Comprehensive Income	(83.0M)	(75.9M)	(124.7M)	(102.1M)	(91.9M)	(87.3M)
Accounts Payable	86.4M	100.3M	83.5M	19.0M	21.9M	29.1M
Short Long Term Debt Total	907.6M	1.3B	1.9B	1.9B	2.2B	2.3B
Intangible Assets	9.2M	4.1M	2.0M	917K	825.3K	784.0K
Short Term Debt	95M	250M	30M	50M	57.5M	54.6M
Common Stock Total Equity	289K	291K	276K	252K	226.8K	299.0K
Common Stock	291K	276K	252K	248K	223.2K	294.9K
Other Liab	44.9M	56.8M	49.7M	60.0M	69.0M	72.5M
Other Assets	178.6M	116.1M	114.3M	206.7M	237.7M	249.6M
Treasury Stock	(2.8B)	(3.0B)	(3.9B)	(4.9B)	(4.4B)	(4.2B)
Property Plant Equipment	46.4M	75.2M	17.6M	36.7M	33.0M	36.4M
Current Deferred Revenue	115.2M	105.4M	120.0M	136.7M	157.2M	165.1M
Long Term Debt	739.4M	1.0B	1.8B	1.8B	2.1B	2.2B
Good Will	812.4M	788.2M	761.1M	773.3M	889.3M	790.4M
Net Tangible Assets	(490.5M)	(903.2M)	(1.6B)	(1.5B)	(1.3B)	(1.3B)
Retained Earnings Total Equity	2.0B	2.2B	2.6B	3.0B	3.4B	1.8B
Long Term Debt Total	606.8M	739.4M	1.0B	1.8B	2.1B	2.2B
Capital Surpluse	1.2B	1.2B	1.2B	1.3B	1.5B	1.3B

Pair Trading with Fair Isaac

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fair Isaac position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fair Isaac will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fair Stock

0.81	DJCO	Daily Journal Corp	Pair Corr
0.72	BL	Blackline	Pair Corr
0.83	DT	Dynatrace Holdings LLC	Pair Corr

Moving against Fair Stock

0.89	VERB	VERB TECHNOLOGY PANY	Pair Corr
0.87	ML	MoneyLion	Pair Corr
0.85	PD	Pagerduty	Pair Corr
0.82	EB	Eventbrite Class A	Pair Corr
0.76	AI	C3 Ai Inc	Pair Corr

The ability to find closely correlated positions to Fair Isaac could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fair Isaac when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fair Isaac - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fair Isaac to buy it.

The correlation of Fair Isaac is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fair Isaac moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fair Isaac moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Fair Isaac can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Information and Resources on Investing in Fair Stock

When determining whether Fair Isaac offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fair Isaac'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 Fair Isaac Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fair Isaac Stock:

How To Invest In Fair

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Is Fair Stock a good investment?

Details

What is Fair Isaac's Net Worth?

Details

Largest Application Software Companies

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Largest Software - Application Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fair Isaac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Fair Stock, please use our How to Invest in Fair Isaac guide.

You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Is Application Software 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 Fair Isaac. If investors know Fair 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 Fair Isaac 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

(0.01)

Earnings Share

19.1

Revenue Per Share

66.77

Quarterly Revenue Growth

0.123

Return On Assets

0.2665

The market value of Fair Isaac is measured differently than its book value, which is the value of Fair that is recorded on the company's balance sheet. Investors also form their own opinion of Fair Isaac's value that differs from its market value or its book value, called intrinsic value, which is Fair Isaac'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 Fair Isaac's market value can be influenced by many factors that don't directly affect Fair Isaac'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 Fair Isaac's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fair Isaac is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fair Isaac'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Fair Net Income vs Tax Provision Analysis

Net Income vs Tax Provision

Net Income vs Tax Provision Correlation Analysis

Correlation Coefficient

Net Income

Tax Provision

Fair Isaac fundamental ratios Correlations

Fair Isaac Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fair Isaac fundamental ratios Accounts

Pair Trading with Fair Isaac

Moving together with Fair Stock

Moving against Fair Stock

Additional Information and Resources on Investing in Fair Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Net Debt
Short Long Term Debt Total	+ 1.0	Net Debt
Short Long Term Debt Total	+ 1.0	Total Liab
Total Liab	+ 0.99	Net Debt
Total Liab	+ 0.99	Retained Earnings

Short Long Term Debt Total	- 0.97	Other Stockholder Equity
Total Liab	- 0.97	Other Stockholder Equity
Other Stockholder Equity	- 0.97	Net Debt
Other Stockholder Equity	- 0.96	Non Current Liabilities Total
Other Stockholder Equity	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.92	Net Receivables