Saia Cost of Revenue vs Income Tax Expense Analysis

SAIA Stock  USD 522.53  18.76  3.47%   
Saia financial indicator trend analysis is much more than just breaking down Saia Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saia Inc is a good investment. Please check the relationship between Saia Cost Of Revenue and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saia Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Cost Of Revenue vs Income Tax Expense

Cost of Revenue vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saia Inc Cost of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Saia's Cost of Revenue and Income Tax Expense is 0.93. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Saia Inc, assuming nothing else is changed. The correlation between historical values of Saia's Cost of Revenue and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Saia Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cost of Revenue i.e., Saia's Cost of Revenue and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Saia Inc income statement and represents the costs associated with goods and services Saia 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.

Income Tax Expense

Most indicators from Saia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saia Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Saia Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Saia's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 18.88, whereas Selling General Administrative is forecasted to decline to about 64.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit451.7M591.0M461.4M369.1M
Total Revenue2.3B2.8B2.9B3.0B

Saia fundamental ratios Correlations

0.561.01.0-0.650.911.00.580.050.910.710.8-0.330.80.990.970.970.770.960.98-0.59-0.2-0.11-0.350.990.98
0.560.510.620.220.250.60.020.180.250.510.82-0.530.780.490.390.480.70.620.560.060.03-0.55-0.050.630.56
1.00.510.99-0.70.940.990.570.070.940.680.76-0.320.760.990.980.980.740.950.97-0.6-0.18-0.08-0.330.980.98
1.00.620.99-0.580.871.00.550.040.870.740.83-0.340.830.970.950.960.80.970.98-0.56-0.21-0.16-0.361.00.98
-0.650.22-0.7-0.58-0.88-0.6-0.56-0.09-0.88-0.19-0.180.11-0.2-0.72-0.78-0.73-0.22-0.51-0.620.610.06-0.330.17-0.57-0.61
0.910.250.940.87-0.880.880.580.171.00.430.55-0.350.550.950.960.950.530.80.88-0.57-0.040.08-0.190.870.88
1.00.60.991.0-0.60.880.570.040.880.740.82-0.330.820.980.960.960.790.970.98-0.57-0.21-0.14-0.360.990.98
0.580.020.570.55-0.560.580.57-0.410.580.520.330.250.320.540.620.470.290.540.63-0.56-0.470.41-0.550.510.55
0.050.180.070.04-0.090.170.04-0.410.17-0.5-0.03-0.73-0.020.12-0.010.180.02-0.010.070.430.88-0.240.830.110.06
0.910.250.940.87-0.881.00.880.580.170.430.55-0.350.550.950.960.950.530.80.88-0.57-0.040.08-0.190.870.88
0.710.510.680.74-0.190.430.740.52-0.50.430.780.140.80.640.670.570.780.780.7-0.64-0.7-0.08-0.760.720.74
0.80.820.760.83-0.180.550.820.33-0.030.550.78-0.410.980.740.70.720.930.820.78-0.36-0.27-0.31-0.360.820.79
-0.33-0.53-0.32-0.340.11-0.35-0.330.25-0.73-0.350.14-0.41-0.4-0.37-0.27-0.42-0.4-0.26-0.32-0.06-0.490.43-0.41-0.37-0.32
0.80.780.760.83-0.20.550.820.32-0.020.550.80.98-0.40.750.710.720.980.830.79-0.43-0.31-0.35-0.40.830.81
0.990.490.990.97-0.720.950.980.540.120.950.640.74-0.370.750.980.980.740.930.97-0.6-0.15-0.1-0.30.980.98
0.970.390.980.95-0.780.960.960.62-0.010.960.670.7-0.270.710.980.970.690.90.95-0.68-0.270.0-0.410.940.96
0.970.480.980.96-0.730.950.960.470.180.950.570.72-0.420.720.980.970.690.90.94-0.55-0.07-0.1-0.220.960.95
0.770.70.740.8-0.220.530.790.290.020.530.780.93-0.40.980.740.690.690.80.78-0.49-0.32-0.39-0.40.810.81
0.960.620.950.97-0.510.80.970.54-0.010.80.780.82-0.260.830.930.90.90.80.94-0.55-0.23-0.22-0.350.970.94
0.980.560.970.98-0.620.880.980.630.070.880.70.78-0.320.790.970.950.940.780.94-0.56-0.19-0.09-0.340.980.98
-0.590.06-0.6-0.560.61-0.57-0.57-0.560.43-0.57-0.64-0.36-0.06-0.43-0.6-0.68-0.55-0.49-0.55-0.560.71-0.040.78-0.52-0.59
-0.20.03-0.18-0.210.06-0.04-0.21-0.470.88-0.04-0.7-0.27-0.49-0.31-0.15-0.27-0.07-0.32-0.23-0.190.71-0.070.98-0.15-0.22
-0.11-0.55-0.08-0.16-0.330.08-0.140.41-0.240.08-0.08-0.310.43-0.35-0.10.0-0.1-0.39-0.22-0.09-0.04-0.07-0.08-0.18-0.1
-0.35-0.05-0.33-0.360.17-0.19-0.36-0.550.83-0.19-0.76-0.36-0.41-0.4-0.3-0.41-0.22-0.4-0.35-0.340.780.98-0.08-0.3-0.37
0.990.630.981.0-0.570.870.990.510.110.870.720.82-0.370.830.980.940.960.810.970.98-0.52-0.15-0.18-0.30.99
0.980.560.980.98-0.610.880.980.550.060.880.740.79-0.320.810.980.960.950.810.940.98-0.59-0.22-0.1-0.370.99
Click cells to compare fundamentals

Saia Account Relationship Matchups

Saia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.5B1.8B2.2B2.7B2.8B
Short Long Term Debt Total241.7M186.5M160.4M154.5M138.7M130.0M
Total Stockholder Equity815.2M961.3M1.2B1.6B1.9B2.0B
Property Plant And Equipment Net1.2B1.2B1.4B1.6B1.9B2.0B
Net Debt241.4M161.2M53.8M(32.9M)(157.5M)(149.6M)
Cash248K25.3M106.6M187.4M296.2M311.0M
Non Current Assets Total1.2B1.3B1.4B1.6B2.0B2.1B
Non Currrent Assets Other7.6M7.0M21.6M(123.2M)208.7M219.1M
Other Assets5.3M27.3M40.8M22.6M20.3M21.5M
Cash And Short Term Investments248K25.3M106.6M187.4M296.2M311.0M
Common Stock Shares Outstanding26.4M26.6M26.7M26.7M26.8M26.3M
Liabilities And Stockholders Equity1.4B1.5B1.8B2.2B2.7B2.8B
Non Current Liabilities Total359.2M311.7M303.6M321.3M396.1M230.4M
Other Stockholder Equity257M264.7M270.5M272.1M279.4M491.3M
Total Liab600.5M587.5M624.9M595.4M718.1M402.9M
Property Plant And Equipment Gross1.2B1.2B2.1B2.5B3.0B3.2B
Total Current Assets232.4M271.7M416.3M530.9M648.7M681.1M
Other Current Liab69.5M90.2M93.3M134.8M144.2M151.5M
Total Current Liabilities241.2M275.8M321.3M274.1M322.1M175.1M
Other Liab156.0M166.0M184.2M206.2M237.1M249.0M
Accounts Payable83.6M89.4M114.0M99.8M141.9M149.0M
Long Term Debt117.0M50.4M31.0M16.5M14.8M14.1M
Other Current Assets9.2M9.9M12.6M7.2M39.7M41.7M
Intangible Assets9.4M8.2M7.1M6.0M5.2M4.9M
Property Plant Equipment1.1B1.1B1.4B1.5B1.7B1.8B
Current Deferred Revenue48.1M49.7M55.4M73.1M84.1M88.3M
Net Receivables196.1M216.9M276.8M290.3M312.7M160.6M
Accumulated Other Comprehensive Income(628.3M)(686.6M)(765.2M)(5.7M)(5.1M)(5.4M)
Short Term Debt38.4M40.8M41.0M39.4M35.9M23.5M
Retained Earnings558.2M696.5M949.8M1.3B1.7B1.7B
Net Tangible Assets793.7M941.0M1.2B1.6B1.8B1.9B
Retained Earnings Total Equity558.2M696.5M949.8M1.3B1.5B1.6B
Capital Surpluse260.9M267.7M274.6M277.4M319.0M265.7M
Non Current Liabilities Other359.2M311.7M303.6M60.4M61.4M58.3M

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When determining whether Saia Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saia'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 Saia Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saia Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saia Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Is Saia'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 Saia. If investors know Saia 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 Saia 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
0.255
Earnings Share
13.26
Revenue Per Share
108.194
Quarterly Revenue Growth
0.146
Return On Assets
0.1212
The market value of Saia Inc is measured differently than its book value, which is the value of Saia that is recorded on the company's balance sheet. Investors also form their own opinion of Saia's value that differs from its market value or its book value, called intrinsic value, which is Saia'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 Saia's market value can be influenced by many factors that don't directly affect Saia'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 Saia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saia'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.