Godaddy Tax Liabilities vs Total Debt Analysis
GDDY Stock | USD 97.92 0.85 0.88% |
Godaddy financial indicator trend analysis is much more than just examining Godaddy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godaddy is a good investment. Please check the relationship between Godaddy Tax Liabilities and its Total Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.
Tax Liabilities vs Total Debt
Tax Liabilities vs Total Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godaddy Tax Liabilities account and Total Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Godaddy's Tax Liabilities and Total Debt is 0.17. Overlapping area represents the amount of variation of Tax Liabilities that can explain the historical movement of Total Debt in the same time period over historical financial statements of Godaddy, assuming nothing else is changed. The correlation between historical values of Godaddy's Tax Liabilities and Total Debt 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 Liabilities of Godaddy are associated (or correlated) with its Total Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Debt has no effect on the direction of Tax Liabilities i.e., Godaddy's Tax Liabilities and Total Debt go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Tax Liabilities
A component of Total Liabilities representing outstanding tax liabilities. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used.Total Debt
Total Debt of Godaddy is a combination of both Godaddy short-term and long-term liabilities. Short-term debts are those that must be paid back within a year. This type of debt applies to things like lines of credit or short-term term bonds. Long-term debt of Godaddy includes liability that must be paid off in more than a year. This typically includes large senior debts like mortgages, bonds, as well as business loans or leases. A component of Total Liabilities representing the total amount of current and non-current debt owed. Includes secured and unsecured bonds issued; commercial paper; notes payable; credit facilities; lines of credit; capital lease obligations; operating lease obligations; and convertible notes. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used.Most indicators from Godaddy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godaddy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.Enterprise Value over EBIT is likely to rise to 31.29 in 2023, whereas Net Loss Income from Discontinued Operations is likely to drop (13.7 M) in 2023.
2020 | 2021 | 2022 | 2023 (projected) | Interest Expense | 91.3M | 126M | 146.3M | 129.6M | Gross Profit | 2.2B | 2.4B | 2.6B | 2.2B |
Godaddy fundamental ratios Correlations
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Godaddy Account Relationship Matchups
Godaddy fundamental ratios Accounts
2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
Receivables | 26.4M | 30.2M | 41.8M | 63.6M | 60.1M | 64.8M | |
Accounts Payable | 61.6M | 72.3M | 51M | 85.2M | 130.9M | 141.2M | |
Accumulated Other Comprehensive Income | (72.1M) | (78.2M) | (131M) | (38.6M) | 178M | 192.1M | |
Total Assets | 6.1B | 6.3B | 6.4B | 7.4B | 7.0B | 6.7B | |
Current Assets | 1.4B | 1.6B | 1.3B | 1.9B | 1.6B | 1.5B | |
Assets Non Current | 4.7B | 4.7B | 5.1B | 5.5B | 5.4B | 5.2B | |
Cash and Equivalents | 932.4M | 1.1B | 765.2M | 1.3B | 774M | 784.9M | |
Cash and Equivalents USD | 932.4M | 1.1B | 765.2M | 1.3B | 774M | 784.9M | |
Total Debt | 2.4B | 2.6B | 3.3B | 4.0B | 3.9B | 3.4B | |
Debt Current | 16.6M | 18.4M | 24.3M | 24.1M | 18.2M | 17.2M | |
Debt Non Current | 2.4B | 2.6B | 3.3B | 4.0B | 3.9B | 3.4B | |
Total Debt USD | 2.4B | 2.6B | 3.3B | 4.0B | 3.9B | 3.4B | |
Deferred Revenue | 2.0B | 2.2B | 2.4B | 2.6B | 2.7B | 2.5B | |
Shareholders Equity Attributable to Parent | 792.7M | 772M | (12.9M) | 81.7M | (331.8M) | (340.5M) | |
Shareholders Equity USD | 792.7M | 772M | (12.9M) | 81.7M | (331.8M) | (340.5M) | |
Goodwill and Intangible Assets | 4.2B | 4.1B | 4.5B | 4.9B | 4.8B | 4.6B | |
Investments | 6.6M | 12.3M | 18.9M | 23.6M | 27.1M | 29.3M | |
Investments Current | 6.6M | 12.3M | 18.9M | 23.6M | 27.1M | 29.3M | |
Total Liabilities | 5.3B | 5.5B | 6.4B | 7.3B | 7.3B | 6.6B | |
Current Liabilities | 1.9B | 2.0B | 2.3B | 2.4B | 2.5B | 2.3B | |
Liabilities Non Current | 3.4B | 3.5B | 4.1B | 4.9B | 4.8B | 4.3B | |
Trade and Non Trade Payables | 235.9M | 72.3M | 51M | 85.2M | 130.9M | 144.1M | |
Property Plant and Equipment Net | 299M | 455.2M | 399.3M | 329.2M | 309.7M | 333.8M | |
Trade and Non Trade Receivables | 26.4M | 30.2M | 41.8M | 63.6M | 60.1M | 64.8M | |
Accumulated Retained Earnings Deficit | 164.8M | (153.5M) | (1.2B) | (1.5B) | (2.4B) | (2.5B) | |
Tax Liabilities | 117.2M | 276.2M | 92M | 75.3M | 56.2M | 75.8M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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Is Godaddy'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 Godaddy. If investors know Godaddy 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 Godaddy 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 0.413 | Earnings Share 2.31 | Revenue Per Share 27.656 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0511 |
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy'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 Godaddy's market value can be influenced by many factors that don't directly affect Godaddy'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 Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy'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.