Marchex Tax Provision vs Other Operating Expenses Analysis

MCHX Stock  USD 1.37  0.03  2.24%   
Marchex financial indicator trend analysis is infinitely more than just investigating Marchex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marchex is a good investment. Please check the relationship between Marchex Tax Provision and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marchex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Marchex Stock please use our How to Invest in Marchex guide.

Tax Provision vs Other Operating Expenses

Tax Provision vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marchex Tax Provision account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Marchex's Tax Provision and Other Operating Expenses is -0.02. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Marchex, assuming nothing else is changed. The correlation between historical values of Marchex's Tax Provision and Other Operating Expenses 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 Marchex are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Tax Provision i.e., Marchex's Tax Provision and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Marchex. It is also known as Marchex overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Marchex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marchex 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marchex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Marchex Stock please use our How to Invest in Marchex guide.At this time, Marchex's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 168 K in 2024, whereas Selling General Administrative is likely to drop slightly above 9.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit31.8M31.7M25.7M37.0M
Total Revenue53.5M52.2M49.9M47.4M

Marchex fundamental ratios Correlations

0.480.740.990.570.46-0.590.250.880.580.770.440.550.580.93-0.470.560.10.230.610.460.730.390.76-0.490.44
0.480.910.340.310.16-0.190.090.30.180.460.840.660.180.41-0.260.270.05-0.10.70.140.890.140.28-0.270.24
0.740.910.610.590.32-0.250.180.620.250.710.810.790.250.67-0.370.410.170.120.820.260.990.270.4-0.380.38
0.990.340.610.510.43-0.640.250.870.630.710.320.450.630.92-0.450.550.040.240.50.460.60.370.79-0.470.41
0.570.310.590.510.250.010.170.62-0.020.710.390.61-0.020.59-0.30.370.490.380.670.220.640.20.16-0.310.17
0.460.160.320.430.250.06-0.310.38-0.020.590.20.3-0.020.46-0.610.530.670.120.420.520.390.980.1-0.620.64
-0.59-0.19-0.25-0.640.010.06-0.02-0.33-1.00.060.070.2-1.0-0.410.27-0.490.280.250.01-0.46-0.210.11-0.970.290.06
0.250.090.180.250.17-0.31-0.020.42-0.020.310.250.37-0.020.260.71-0.63-0.30.32-0.04-0.740.14-0.370.060.69-0.32
0.880.30.620.870.620.38-0.330.420.310.810.310.640.310.94-0.290.330.070.580.520.220.610.320.52-0.310.37
0.580.180.250.63-0.02-0.02-1.0-0.020.31-0.07-0.08-0.221.00.39-0.290.51-0.23-0.27-0.020.490.21-0.070.97-0.31-0.04
0.770.460.710.710.710.590.060.310.81-0.070.620.85-0.070.81-0.340.280.320.460.770.180.730.550.16-0.360.58
0.440.840.810.320.390.20.070.250.31-0.080.620.77-0.080.39-0.110.070.11-0.130.81-0.030.80.190.05-0.110.29
0.550.660.790.450.610.30.20.370.64-0.220.850.77-0.220.64-0.170.090.130.530.74-0.050.790.27-0.01-0.180.45
0.580.180.250.63-0.02-0.02-1.0-0.020.311.0-0.07-0.08-0.220.39-0.290.51-0.23-0.27-0.020.490.21-0.070.97-0.31-0.04
0.930.410.670.920.590.46-0.410.260.940.390.810.390.640.39-0.480.510.080.460.630.40.660.410.6-0.50.45
-0.47-0.26-0.37-0.45-0.3-0.610.270.71-0.29-0.29-0.34-0.11-0.17-0.29-0.48-0.95-0.31-0.04-0.53-0.95-0.4-0.64-0.381.0-0.7
0.560.270.410.550.370.53-0.49-0.630.330.510.280.070.090.510.51-0.950.32-0.040.490.960.440.510.58-0.960.54
0.10.050.170.040.490.670.28-0.30.07-0.230.320.110.13-0.230.08-0.310.320.00.290.270.290.67-0.17-0.320.12
0.23-0.10.120.240.380.120.250.320.58-0.270.46-0.130.53-0.270.46-0.04-0.040.00.05-0.120.120.1-0.12-0.040.22
0.610.70.820.50.670.420.01-0.040.52-0.020.770.810.74-0.020.63-0.530.490.290.050.370.830.390.15-0.540.53
0.460.140.260.460.220.52-0.46-0.740.220.490.18-0.03-0.050.490.4-0.950.960.27-0.120.370.280.540.53-0.950.55
0.730.890.990.60.640.39-0.210.140.610.210.730.80.790.210.66-0.40.440.290.120.830.280.350.37-0.410.38
0.390.140.270.370.20.980.11-0.370.32-0.070.550.190.27-0.070.41-0.640.510.670.10.390.540.350.04-0.640.67
0.760.280.40.790.160.1-0.970.060.520.970.160.05-0.010.970.6-0.380.58-0.17-0.120.150.530.370.04-0.390.08
-0.49-0.27-0.38-0.47-0.31-0.620.290.69-0.31-0.31-0.36-0.11-0.18-0.31-0.51.0-0.96-0.32-0.04-0.54-0.95-0.41-0.64-0.39-0.69
0.440.240.380.410.170.640.06-0.320.37-0.040.580.290.45-0.040.45-0.70.540.120.220.530.550.380.670.08-0.69
Click cells to compare fundamentals

Marchex Account Relationship Matchups

Marchex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.5M77.7M65.8M56.8M47.5M45.1M
Other Current Liab7.2M10.2M7.5M7.4M6.5M9.4M
Total Current Liabilities17.0M20.9M12.7M12.1M9.7M9.2M
Total Stockholder Equity100.9M52.7M51.5M44.1M35.9M34.1M
Other Liab1.5M1.2M186K233K268.0K254.6K
Property Plant And Equipment Net8.8M6.3M5.1M4.8M4.0M5.2M
Net Debt(35.4M)(23.9M)(23.8M)(18.8M)(12.5M)(13.1M)
Retained Earnings(260.2M)(298.7M)(303.1M)(311.3M)(321.2M)(305.2M)
Accounts Payable7.1M2.4M1.4M2.0M1.5M1.5M
Cash42.5M33.9M27.1M20.5M14.6M13.9M
Non Current Assets Total62.1M35.3M28.3M25.9M23.7M22.5M
Non Currrent Assets Other335K2.3M986K973K1.5M1.4M
Other Assets335K5.1M986K973K1.00.95
Cash And Short Term Investments42.5M33.9M27.1M20.5M14.6M13.9M
Net Receivables17.8M6.3M8.0M8.4M7.4M13.4M
Common Stock Shares Outstanding45.5M46.3M43.9M43.2M42.6M45.1M
Liabilities And Stockholders Equity124.5M77.7M65.8M56.8M47.5M45.1M
Non Current Liabilities Total6.6M4.1M1.7M618K1.9M2.0M
Other Current Assets2.1M2.2M2.4M2.0M1.8M2.9M
Other Stockholder Equity360.6M351.0M354.2M355.0M356.7M323.7M
Total Liab23.6M25.0M14.3M12.7M11.6M11.0M
Property Plant And Equipment Gross8.8M6.3M5.1M4.8M5.6M5.2M
Total Current Assets62.4M42.4M37.5M30.9M23.8M22.6M
Property Plant Equipment3.0M6.3M5.1M4.8M5.5M4.9M
Current Deferred Revenue1.2M1.4M2.0M1.4M1.2M1.3M
Good Will24.7M33.4M18.5M17.6M15.8M15.0M
Short Term Debt1.5M6.9M1.8M1.3M462K438.9K
Intangible Assets19.5M8.3M4.7M2.6M602K571.9K
Net Tangible Assets46.9M25.9M29.2M24.0M21.6M20.5M
Deferred Long Term Liab1.5M981K167K128K147.2K280.7K
Net Invested Capital99.8M57.8M51.5M44.1M35.9M54.2M
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 Marchex 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, Marchex's short interest history, or implied volatility extrapolated from Marchex options trading.

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When determining whether Marchex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marchex'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 Marchex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marchex Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marchex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Marchex Stock please use our How to Invest in Marchex guide.
Note that the Marchex information on this page should be used as a complementary analysis to other Marchex'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Marchex's price analysis, check to measure Marchex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marchex is operating at the current time. Most of Marchex's value examination focuses on studying past and present price action to predict the probability of Marchex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marchex's price. Additionally, you may evaluate how the addition of Marchex to your portfolios can decrease your overall portfolio volatility.
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Is Marchex'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 Marchex. If investors know Marchex 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 Marchex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
1.171
Quarterly Revenue Growth
0.008
Return On Assets
(0.12)
Return On Equity
(0.25)
The market value of Marchex is measured differently than its book value, which is the value of Marchex that is recorded on the company's balance sheet. Investors also form their own opinion of Marchex's value that differs from its market value or its book value, called intrinsic value, which is Marchex'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 Marchex's market value can be influenced by many factors that don't directly affect Marchex'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 Marchex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marchex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marchex'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.