Yelp Income Tax Expense vs Net Income Analysis

YELP Stock

USD 39.41 0.15 0.38%

Yelp financial indicator trend analysis is more than just analyzing Yelp Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yelp Inc is a good investment. Please check the relationship between Yelp Income Tax Expense and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yelp 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 bureau of economic analysis.

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yelp Inc Income Tax Expense account and Net Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Yelp's Income Tax Expense and Net Income is 0.37. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Yelp Inc, assuming nothing else is changed. The correlation between historical values of Yelp's Income Tax Expense and Net 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 Income Tax Expense of Yelp Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Tax Expense i.e., Yelp's Income Tax Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Income Tax Expense

Net Income

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

Most indicators from Yelp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yelp 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yelp 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 bureau of economic analysis.

At this time, Yelp's Selling General Administrative is relatively stable compared to the past year. As of 04/19/2024, Tax Provision is likely to grow to about 17.1 M, while Enterprise Value Over EBITDA is likely to drop 15.65.

	2021	2022	2023	2024 (projected)
Gross Profit	953.7M	1.1B	1.2B	634.1M
Total Revenue	1.0B	1.2B	1.3B	689.8M

Gross Profit Total Revenue

Yelp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Other Current Assets	Total Liab	Property Plant Equipment	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets	Net Tangible Assets
Common Stock Shares Outstanding		0.88	0.52	0.45	0.92	0.47	0.65	0.37	0.42	0.44	0.58	0.52	0.52	0.63	-0.56	-0.16	0.72	0.8	0.87	0.55	0.71	0.21	0.68	0.35	0.88	0.89
Total Assets	0.88		0.73	0.7	0.97	0.67	0.78	0.59	0.58	0.72	0.67	0.6	0.76	0.83	-0.56	-0.42	0.9	0.86	0.91	0.75	0.6	0.55	0.89	0.51	0.96	0.95
Other Current Liab	0.52	0.73		0.97	0.6	0.83	0.55	0.36	0.77	0.8	0.47	0.77	0.63	0.84	-0.29	-0.88	0.77	0.61	0.53	0.97	0.22	0.62	0.89	0.83	0.66	0.65
Total Current Liabilities	0.45	0.7	0.97		0.54	0.84	0.53	0.44	0.76	0.9	0.57	0.64	0.75	0.86	-0.18	-0.93	0.81	0.58	0.46	0.95	0.12	0.77	0.89	0.84	0.59	0.58
Total Stockholder Equity	0.92	0.97	0.6	0.54		0.52	0.77	0.49	0.44	0.52	0.56	0.61	0.59	0.69	-0.66	-0.22	0.79	0.84	0.97	0.64	0.72	0.34	0.77	0.39	0.98	0.98
Accounts Payable	0.47	0.67	0.83	0.84	0.52		0.62	0.5	0.88	0.83	0.48	0.5	0.63	0.8	-0.33	-0.74	0.66	0.64	0.48	0.75	0.04	0.65	0.85	0.54	0.61	0.55
Cash	0.65	0.78	0.55	0.53	0.77	0.62		0.61	0.49	0.52	0.33	0.36	0.52	0.56	-0.88	-0.28	0.56	0.66	0.83	0.47	0.16	0.36	0.66	0.22	0.84	0.77
Other Assets	0.37	0.59	0.36	0.44	0.49	0.5	0.61		0.54	0.63	0.3	0.09	0.69	0.65	-0.33	-0.25	0.58	0.53	0.48	0.31	0.05	0.63	0.54	-0.03	0.53	0.47
Other Current Assets	0.42	0.58	0.77	0.76	0.44	0.88	0.49	0.54		0.75	0.4	0.4	0.58	0.81	-0.23	-0.7	0.65	0.55	0.35	0.66	-0.03	0.59	0.78	0.4	0.49	0.42
Total Liab	0.44	0.72	0.8	0.9	0.52	0.83	0.52	0.63	0.75		0.72	0.36	0.91	0.89	-0.08	-0.79	0.88	0.6	0.42	0.8	0.07	0.93	0.89	0.65	0.56	0.53
Property Plant Equipment	0.58	0.67	0.47	0.57	0.56	0.48	0.33	0.3	0.4	0.72		0.11	0.86	0.64	0.04	-0.38	0.81	0.62	0.46	0.56	0.39	0.73	0.62	0.54	0.52	0.54
Other Liab	0.52	0.6	0.77	0.64	0.61	0.5	0.36	0.09	0.4	0.36	0.11		0.19	0.57	-0.37	-0.54	0.47	0.54	0.59	0.8	0.56	0.14	0.64	0.67	0.65	0.69
Property Plant And Equipment Net	0.52	0.76	0.63	0.75	0.59	0.63	0.52	0.69	0.58	0.91	0.86	0.19		0.82	-0.08	-0.57	0.91	0.64	0.5	0.67	0.21	0.92	0.77	0.53	0.6	0.58
Current Deferred Revenue	0.63	0.83	0.84	0.86	0.69	0.8	0.56	0.65	0.81	0.89	0.64	0.57	0.82		-0.22	-0.7	0.89	0.71	0.59	0.83	0.33	0.74	0.91	0.59	0.71	0.68
Net Debt	-0.56	-0.56	-0.29	-0.18	-0.66	-0.33	-0.88	-0.33	-0.23	-0.08	0.04	-0.37	-0.08	-0.22		-0.05	-0.2	-0.48	-0.78	-0.2	-0.22	0.11	-0.36	0.03	-0.72	-0.67
Retained Earnings	-0.16	-0.42	-0.88	-0.93	-0.22	-0.74	-0.28	-0.25	-0.7	-0.79	-0.38	-0.54	-0.57	-0.7	-0.05		-0.6	-0.34	-0.14	-0.86	0.13	-0.69	-0.74	-0.84	-0.29	-0.28
Non Current Assets Total	0.72	0.9	0.77	0.81	0.79	0.66	0.56	0.58	0.65	0.88	0.81	0.47	0.91	0.89	-0.2	-0.6		0.73	0.66	0.81	0.45	0.76	0.91	0.63	0.76	0.75
Non Currrent Assets Other	0.8	0.86	0.61	0.58	0.84	0.64	0.66	0.53	0.55	0.6	0.62	0.54	0.64	0.71	-0.48	-0.34	0.73		0.83	0.65	0.61	0.47	0.75	0.44	0.87	0.87
Cash And Short Term Investments	0.87	0.91	0.53	0.46	0.97	0.48	0.83	0.48	0.35	0.42	0.46	0.59	0.5	0.59	-0.78	-0.14	0.66	0.83		0.55	0.68	0.25	0.68	0.31	0.98	0.98
Net Receivables	0.55	0.75	0.97	0.95	0.64	0.75	0.47	0.31	0.66	0.8	0.56	0.8	0.67	0.83	-0.2	-0.86	0.81	0.65	0.55		0.36	0.64	0.89	0.9	0.67	0.69
Short Term Investments	0.71	0.6	0.22	0.12	0.72	0.04	0.16	0.05	-0.03	0.07	0.39	0.56	0.21	0.33	-0.22	0.13	0.45	0.61	0.68	0.36		-0.02	0.33	0.25	0.64	0.72
Non Current Liabilities Total	0.21	0.55	0.62	0.77	0.34	0.65	0.36	0.63	0.59	0.93	0.73	0.14	0.92	0.74	0.11	-0.69	0.76	0.47	0.25	0.64	-0.02		0.7	0.55	0.38	0.36
Other Stockholder Equity	0.68	0.89	0.89	0.89	0.77	0.85	0.66	0.54	0.78	0.89	0.62	0.64	0.77	0.91	-0.36	-0.74	0.91	0.75	0.68	0.89	0.33	0.7		0.69	0.8	0.77
Property Plant And Equipment Gross	0.35	0.51	0.83	0.84	0.39	0.54	0.22	-0.03	0.4	0.65	0.54	0.67	0.53	0.59	0.03	-0.84	0.63	0.44	0.31	0.9	0.25	0.55	0.69		0.42	0.47
Total Current Assets	0.88	0.96	0.66	0.59	0.98	0.61	0.84	0.53	0.49	0.56	0.52	0.65	0.6	0.71	-0.72	-0.29	0.76	0.87	0.98	0.67	0.64	0.38	0.8	0.42		0.99
Net Tangible Assets	0.89	0.95	0.65	0.58	0.98	0.55	0.77	0.47	0.42	0.53	0.54	0.69	0.58	0.68	-0.67	-0.28	0.75	0.87	0.98	0.69	0.72	0.36	0.77	0.47	0.99

Click cells to compare fundamentals

Yelp Account Relationship Matchups

Yelp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	78.0M	73.0M	78.6M	73.4M	73.6M	70.5M
Total Assets	1.1B	1.2B	1.1B	1.0B	1.0B	790.4M
Other Current Liab	66.3M	78.9M	103.5M	123.4M	120.9M	127.0M
Total Current Liabilities	134.2M	143.0M	164.0M	182.8M	175.9M	184.7M
Total Stockholder Equity	755.0M	854.5M	751.3M	710.3M	749.5M	642.8M
Accounts Payable	6.0M	8.9M	16.1M	14.5M	11.9M	6.6M
Cash	170.3M	595.9M	479.8M	306.4M	313.9M	292.4M
Other Assets	60.4M	217.7M	65.4M	134.0M	1.0	0.95
Other Current Assets	14.2M	28.5M	57.5M	63.5M	27.6M	21.3M
Total Liab	315.7M	300.4M	299.2M	305.6M	265.2M	147.7M
Property Plant Equipment	308.8M	101.7M	224.6M	77.2M	88.8M	96.6M
Other Liab	6.8M	8.4M	7.2M	36.1M	41.5M	43.6M
Property Plant And Equipment Net	308.8M	269.9M	224.6M	174.6M	117.3M	126.5M
Current Deferred Revenue	4.3M	4.1M	4.2M	5.2M	3.8M	3.7M
Net Debt	62.0M	(395.8M)	(311.6M)	(180.0M)	(226.6M)	(237.9M)
Retained Earnings	(493.1M)	(533.9M)	(760.2M)	(923.8M)	(1.0B)	(973.4M)
Non Current Assets Total	537.4M	442.2M	405.9M	419.9M	390.5M	302.7M
Non Currrent Assets Other	40.4M	49.5M	65.4M	35.8M	42.2M	36.2M
Cash And Short Term Investments	412.3M	595.9M	479.8M	400.6M	446.4M	444.9M
Net Receivables	106.8M	88.4M	107.4M	131.9M	150.3M	157.8M
Short Term Investments	242M	10.9M	10M	94.2M	132.5M	144.8M
Liabilities And Stockholders Equity	1.1B	1.2B	1.1B	1.0B	1.0B	845.2M
Non Current Liabilities Total	181.6M	157.4M	135.2M	122.8M	89.3M	66.5M
Other Stockholder Equity	1.3B	1.4B	1.5B	1.6B	1.8B	1.0B
Property Plant And Equipment Gross	308.8M	101.7M	224.6M	174.6M	429.7M	451.2M
Total Current Assets	533.3M	712.7M	644.7M	596.0M	624.2M	542.5M
Accumulated Other Comprehensive Income	(11.8M)	(6.8M)	(11.1M)	(15.5M)	(12.2M)	(12.8M)
Net Tangible Assets	640.3M	731.8M	635.5M	599.0M	688.8M	667.2M
Good Will	104.6M	109.3M	105.1M	102.3M	103.9M	115.3M
Capital Surpluse	1.3B	1.4B	1.5B	1.6B	1.9B	1.1B
Deferred Long Term Liab	15.1M	14.5M	16.9M	25.9M	29.8M	31.3M
Intangible Assets	10.1M	13.5M	10.7M	9.0M	7.6M	11.3M
Non Current Liabilities Other	6.8M	8.4M	7.2M	36.1M	41.3M	43.3M

Yelp Investors Sentiment

The influence of Yelp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Yelp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Yelp's public news can be used to forecast risks associated with an investment in Yelp. The trend in average sentiment can be used to explain how an investor holding Yelp can time the market purely based on public headlines and social activities around Yelp Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Yelp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Yelp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Yelp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Yelp.

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 Yelp 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, Yelp's short interest history, or implied volatility extrapolated from Yelp options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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When determining whether Yelp Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Yelp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Yelp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Yelp Inc Stock:

How To Invest In Yelp

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Is Yelp Stock a good investment?

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What is Yelp's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yelp 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 bureau of economic analysis.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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

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Is Yelp'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 Yelp. If investors know Yelp 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 Yelp 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

0.331

Earnings Share

1.35

Revenue Per Share

19.316

Quarterly Revenue Growth

0.108

Return On Assets

0.0699

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

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Yelp Income Tax Expense vs Net Income Analysis

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

Correlation Coefficient

Income Tax Expense

Net Income

Yelp fundamental ratios Correlations

Yelp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Yelp fundamental ratios Accounts

Yelp Investors Sentiment

Also Currently Popular

Complementary Tools for Yelp Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 0.99	Total Current Assets
Total Current Assets	+ 0.98	Total Stockholder Equity
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Cash And Short Term Investments
Net Tangible Assets	+ 0.98	Cash And Short Term Investments
Total Stockholder Equity	+ 0.97	Total Assets

Retained Earnings	- 0.93	Total Current Liabilities
Net Debt	- 0.88	Cash
Retained Earnings	- 0.88	Other Current Liab
Net Receivables	- 0.86	Retained Earnings
Property Plant And Equipment Gross	- 0.84	Retained Earnings
Retained Earnings	- 0.79	Total Liab