Verint Total Operating Expenses vs Interest Income Analysis

VRNT Stock  USD 34.72  3.36  10.71%   
Verint Systems financial indicator trend analysis is much more than just breaking down Verint Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Verint Systems is a good investment. Please check the relationship between Verint Systems Total Operating Expenses and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Operating Expenses vs Interest Income

Total Operating Expenses vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verint Systems Total Operating Expenses account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Verint Systems' Total Operating Expenses and Interest Income is -0.49. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Interest Income in the same time period over historical financial statements of Verint Systems, assuming nothing else is changed. The correlation between historical values of Verint Systems' Total Operating Expenses and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Verint Systems are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Total Operating Expenses i.e., Verint Systems' Total Operating Expenses and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Verint Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Verint Systems 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Verint Systems' Discontinued Operations is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 2.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 313.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit575.9M607.2M614.1M502.9M
Total Revenue874.5M902.2M910.4M800.0M

Verint Systems fundamental ratios Correlations

0.840.840.890.840.490.720.840.980.130.610.620.820.930.60.540.880.740.870.940.950.720.840.80.040.94
0.840.860.560.660.630.850.830.76-0.230.230.670.840.640.690.640.740.550.930.890.70.430.940.64-0.340.79
0.840.860.680.520.260.620.920.740.220.410.30.910.630.350.520.70.550.80.930.690.720.730.840.060.86
0.890.560.680.710.130.440.750.910.440.770.330.710.940.240.280.740.740.560.780.940.850.530.740.380.8
0.840.660.520.710.620.650.540.86-0.050.520.750.520.830.720.60.840.710.770.710.830.470.760.51-0.090.76
0.490.630.260.130.620.690.180.5-0.61-0.080.940.20.380.960.660.580.380.760.430.38-0.160.810.24-0.610.48
0.720.850.620.440.650.690.670.65-0.350.050.770.670.570.770.590.660.420.830.760.610.220.870.46-0.520.68
0.840.830.920.750.540.180.670.740.160.470.340.990.720.320.360.660.450.730.940.770.730.720.750.040.8
0.980.760.740.910.860.50.650.740.170.680.620.710.960.60.480.870.780.820.860.970.720.790.750.060.88
0.13-0.230.220.44-0.05-0.61-0.350.160.170.47-0.580.10.19-0.54-0.210.040.29-0.230.080.20.61-0.340.450.790.19
0.610.230.410.770.52-0.080.050.470.680.470.10.410.720.06-0.20.450.470.290.430.710.860.220.480.370.45
0.620.670.30.330.750.940.770.340.62-0.580.10.360.580.950.60.680.40.790.550.57-0.020.860.27-0.530.57
0.820.840.910.710.520.20.670.990.710.10.410.360.70.320.40.640.430.730.930.750.680.730.720.040.79
0.930.640.630.940.830.380.570.720.960.190.720.580.70.510.340.80.670.70.81.00.70.690.670.160.81
0.60.690.350.240.720.960.770.320.6-0.540.060.950.320.510.620.640.380.850.540.51-0.020.860.31-0.580.57
0.540.640.520.280.60.660.590.360.48-0.21-0.20.60.40.340.620.620.590.690.60.370.010.690.43-0.140.68
0.880.740.70.740.840.580.660.660.870.040.450.680.640.80.640.620.640.820.830.810.490.80.7-0.050.86
0.740.550.550.740.710.380.420.450.780.290.470.40.430.670.380.590.640.560.60.690.580.530.630.20.71
0.870.930.80.560.770.760.830.730.82-0.230.290.790.730.70.850.690.820.560.880.730.410.970.67-0.330.86
0.940.890.930.780.710.430.760.940.860.080.430.550.930.80.540.60.830.60.880.840.660.860.820.00.95
0.950.70.690.940.830.380.610.770.970.20.710.570.751.00.510.370.810.690.730.840.730.730.70.140.83
0.720.430.720.850.47-0.160.220.730.720.610.86-0.020.680.7-0.020.010.490.580.410.660.730.320.740.450.65
0.840.940.730.530.760.810.870.720.79-0.340.220.860.730.690.860.690.80.530.970.860.730.320.61-0.390.81
0.80.640.840.740.510.240.460.750.750.450.480.270.720.670.310.430.70.630.670.820.70.740.610.330.87
0.04-0.340.060.38-0.09-0.61-0.520.040.060.790.37-0.530.040.16-0.58-0.14-0.050.2-0.330.00.140.45-0.390.330.12
0.940.790.860.80.760.480.680.80.880.190.450.570.790.810.570.680.860.710.860.950.830.650.810.870.12
Click cells to compare fundamentals

Verint Systems Account Relationship Matchups

Verint Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.3B2.4B2.3B2.2B1.8B
Other Current Liab229.7M311.7M144.1M148.0M131.9M163.5M
Total Current Liabilities702.9M1.2B479.5M471.1M418.2M427.3M
Total Stockholder Equity1.2B1.5B1.4B1.3B1.3B704.9M
Other Liab128.9M110.6M110.7M96.1M110.5M104.6M
Net Debt548.3M205.5M101.2M175.5M200.4M270.2M
Accounts Payable71.6M77.0M39.5M43.6M26.3M25.0M
Cash379.1M663.8M358.8M282.1M242.7M244.8M
Non Current Assets Total2.0B2.0B1.7B1.7B1.7B1.2B
Non Currrent Assets Other90.2M119.4M121.5M143.1M107.4M62.7M
Other Assets104.7M123.2M269.5M130.3M149.9M81.1M
Long Term Debt832.8M402.8M407.0M408.9M411.0M501.7M
Cash And Short Term Investments399.4M714.9M359.6M282.8M243.4M295.7M
Common Stock Shares Outstanding67.4M65.2M65.6M65.3M64.3M50.3M
Liabilities And Stockholders Equity3.0B3.3B2.4B2.3B2.2B1.8B
Non Current Liabilities Total1.1B609.8M490.7M548.1M529.7M614.8M
Inventory20.5M20.1M5.3M12.6M14.2M17.9M
Other Current Assets87.9M77.6M53.7M75.4M58.2M59.0M
Other Stockholder Equity1.5B1.5B1.1B1.1B979.7M764.0M
Total Liab1.8B1.8B970.2M1.0B947.9M1.1B
Total Current Assets999.1M1.3B655.2M619.7M573.2M574.1M
Common Stock65K67K68K70K66K50.8K
Property Plant Equipment116.1M195.1M199.0M102.5M117.8M64.7M
Short Long Term Debt Total927.4M869.4M460.0M457.6M443.1M561.8M
Property Plant And Equipment Net218.3M195.1M99.5M102.5M77.8M71.6M
Retained Earnings(105.6M)(113.8M)(54.5M)(45.3M)(6.7M)(7.1M)
Net Receivables447.4M438.2M236.5M248.9M257.4M210.4M
Common Stock Total Equity67K68K70K66K75.9K51.1K
Property Plant And Equipment Gross218.3M195.1M99.5M102.5M127.4M70.9M
Accumulated Other Comprehensive Income(151.9M)(136.9M)(118.5M)(154.1M)(143.0M)(135.8M)
Short Term Debt4.3M386.7M24.6M8.0M5.5M5.2M
Good Will1.5B1.5B1.4B1.3B1.4B965.6M
Intangible Assets197.8M149.0M118.3M85.3M82.8M78.6M
Short Term Investments20.2M51.0M765K697K686K651.7K
Current Deferred Revenue397.4M388.0M271.3M271.5M254.4M233.7M
Treasury Stock(57.4M)(57.6M)(174.1M)(208.1M)(187.3M)(177.9M)
Net Tangible Assets(437.6M)(392.9M)1.4B(600.2M)(690.3M)(724.8M)
Noncontrolling Interest In Consolidated Entity11.6M13.1M15.1M2.4M2.7M2.6M
Retained Earnings Total Equity(134.3M)(105.6M)(113.8M)(54.5M)(62.7M)(65.8M)

Pair Trading with Verint Systems

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 Verint Systems 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 Verint Systems will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Verint Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Verint Systems 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 Verint Systems - 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 Verint Systems to buy it.
The correlation of Verint Systems 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 Verint Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Verint Systems 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 Verint Systems 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 CorrelationCorrelation Matching

Additional Tools for Verint Stock Analysis

When running Verint Systems' price analysis, check to measure Verint Systems' 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 Verint Systems is operating at the current time. Most of Verint Systems' value examination focuses on studying past and present price action to predict the probability of Verint Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verint Systems' price. Additionally, you may evaluate how the addition of Verint Systems to your portfolios can decrease your overall portfolio volatility.