Yelp Income Tax Expense vs Operating Income Analysis

YELP Stock  USD 39.29  0.12  0.30%   
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 Operating 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 Operating Income

Income Tax Expense vs Operating 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 Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Yelp's Income Tax Expense and Operating Income is 0.56. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating 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 Operating 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 Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Tax Expense i.e., Yelp's Income Tax Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Operating Income

Operating Income is the amount of profit realized from Yelp Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Yelp Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Profit953.7M1.1B1.2B634.1M
Total Revenue1.0B1.2B1.3B689.8M

Yelp fundamental ratios Correlations

0.880.520.450.920.470.650.370.420.440.580.520.520.63-0.56-0.160.720.80.870.550.710.210.680.350.880.89
0.880.730.70.970.670.780.590.580.720.670.60.760.83-0.56-0.420.90.860.910.750.60.550.890.510.960.95
0.520.730.970.60.830.550.360.770.80.470.770.630.84-0.29-0.880.770.610.530.970.220.620.890.830.660.65
0.450.70.970.540.840.530.440.760.90.570.640.750.86-0.18-0.930.810.580.460.950.120.770.890.840.590.58
0.920.970.60.540.520.770.490.440.520.560.610.590.69-0.66-0.220.790.840.970.640.720.340.770.390.980.98
0.470.670.830.840.520.620.50.880.830.480.50.630.8-0.33-0.740.660.640.480.750.040.650.850.540.610.55
0.650.780.550.530.770.620.610.490.520.330.360.520.56-0.88-0.280.560.660.830.470.160.360.660.220.840.77
0.370.590.360.440.490.50.610.540.630.30.090.690.65-0.33-0.250.580.530.480.310.050.630.54-0.030.530.47
0.420.580.770.760.440.880.490.540.750.40.40.580.81-0.23-0.70.650.550.350.66-0.030.590.780.40.490.42
0.440.720.80.90.520.830.520.630.750.720.360.910.89-0.08-0.790.880.60.420.80.070.930.890.650.560.53
0.580.670.470.570.560.480.330.30.40.720.110.860.640.04-0.380.810.620.460.560.390.730.620.540.520.54
0.520.60.770.640.610.50.360.090.40.360.110.190.57-0.37-0.540.470.540.590.80.560.140.640.670.650.69
0.520.760.630.750.590.630.520.690.580.910.860.190.82-0.08-0.570.910.640.50.670.210.920.770.530.60.58
0.630.830.840.860.690.80.560.650.810.890.640.570.82-0.22-0.70.890.710.590.830.330.740.910.590.710.68
-0.56-0.56-0.29-0.18-0.66-0.33-0.88-0.33-0.23-0.080.04-0.37-0.08-0.22-0.05-0.2-0.48-0.78-0.2-0.220.11-0.360.03-0.72-0.67
-0.16-0.42-0.88-0.93-0.22-0.74-0.28-0.25-0.7-0.79-0.38-0.54-0.57-0.7-0.05-0.6-0.34-0.14-0.860.13-0.69-0.74-0.84-0.29-0.28
0.720.90.770.810.790.660.560.580.650.880.810.470.910.89-0.2-0.60.730.660.810.450.760.910.630.760.75
0.80.860.610.580.840.640.660.530.550.60.620.540.640.71-0.48-0.340.730.830.650.610.470.750.440.870.87
0.870.910.530.460.970.480.830.480.350.420.460.590.50.59-0.78-0.140.660.830.550.680.250.680.310.980.98
0.550.750.970.950.640.750.470.310.660.80.560.80.670.83-0.2-0.860.810.650.550.360.640.890.90.670.69
0.710.60.220.120.720.040.160.05-0.030.070.390.560.210.33-0.220.130.450.610.680.36-0.020.330.250.640.72
0.210.550.620.770.340.650.360.630.590.930.730.140.920.740.11-0.690.760.470.250.64-0.020.70.550.380.36
0.680.890.890.890.770.850.660.540.780.890.620.640.770.91-0.36-0.740.910.750.680.890.330.70.690.80.77
0.350.510.830.840.390.540.22-0.030.40.650.540.670.530.590.03-0.840.630.440.310.90.250.550.690.420.47
0.880.960.660.590.980.610.840.530.490.560.520.650.60.71-0.72-0.290.760.870.980.670.640.380.80.420.99
0.890.950.650.580.980.550.770.470.420.530.540.690.580.68-0.67-0.280.750.870.980.690.720.360.770.470.99
Click cells to compare fundamentals

Yelp Account Relationship Matchups

Yelp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding78.0M73.0M78.6M73.4M73.6M70.5M
Total Assets1.1B1.2B1.1B1.0B1.0B790.4M
Other Current Liab66.3M78.9M103.5M123.4M120.9M127.0M
Total Current Liabilities134.2M143.0M164.0M182.8M175.9M184.7M
Total Stockholder Equity755.0M854.5M751.3M710.3M749.5M642.8M
Accounts Payable6.0M8.9M16.1M14.5M11.9M6.6M
Cash170.3M595.9M479.8M306.4M313.9M292.4M
Other Assets60.4M217.7M65.4M134.0M1.00.95
Other Current Assets14.2M28.5M57.5M63.5M27.6M21.3M
Total Liab315.7M300.4M299.2M305.6M265.2M147.7M
Property Plant Equipment308.8M101.7M224.6M77.2M88.8M96.6M
Other Liab6.8M8.4M7.2M36.1M41.5M43.6M
Property Plant And Equipment Net308.8M269.9M224.6M174.6M117.3M126.5M
Current Deferred Revenue4.3M4.1M4.2M5.2M3.8M3.7M
Net Debt62.0M(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 Total537.4M442.2M405.9M419.9M390.5M302.7M
Non Currrent Assets Other40.4M49.5M65.4M35.8M42.2M36.2M
Cash And Short Term Investments412.3M595.9M479.8M400.6M446.4M444.9M
Net Receivables106.8M88.4M107.4M131.9M150.3M157.8M
Short Term Investments242M10.9M10M94.2M132.5M144.8M
Liabilities And Stockholders Equity1.1B1.2B1.1B1.0B1.0B845.2M
Non Current Liabilities Total181.6M157.4M135.2M122.8M89.3M66.5M
Other Stockholder Equity1.3B1.4B1.5B1.6B1.8B1.0B
Property Plant And Equipment Gross308.8M101.7M224.6M174.6M429.7M451.2M
Total Current Assets533.3M712.7M644.7M596.0M624.2M542.5M
Accumulated Other Comprehensive Income(11.8M)(6.8M)(11.1M)(15.5M)(12.2M)(12.8M)
Net Tangible Assets640.3M731.8M635.5M599.0M688.8M667.2M
Good Will104.6M109.3M105.1M102.3M103.9M115.3M
Capital Surpluse1.3B1.4B1.5B1.6B1.9B1.1B
Deferred Long Term Liab15.1M14.5M16.9M25.9M29.8M31.3M
Intangible Assets10.1M13.5M10.7M9.0M7.6M11.3M
Non Current Liabilities Other6.8M8.4M7.2M36.1M41.3M43.3M

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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:
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.
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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.