Adobe Total Operating Expenses vs Depreciation And Amortization Analysis

ADBE Stock  USD 475.43  0.00  0.00%   
Adobe Systems financial indicator trend analysis is way more than just evaluating Adobe Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adobe Systems is a good investment. Please check the relationship between Adobe Systems Total Operating Expenses and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. 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 labor statistics.

Total Operating Expenses vs Depreciation And Amortization

Total Operating Expenses vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adobe Systems Total Operating Expenses account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Adobe Systems' Total Operating Expenses and Depreciation And Amortization is 0.97. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Adobe Systems Incorporated, assuming nothing else is changed. The correlation between historical values of Adobe Systems' Total Operating Expenses and Depreciation And Amortization 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 Adobe Systems Incorporated are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Operating Expenses i.e., Adobe Systems' Total Operating Expenses and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Adobe Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adobe 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. 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 labor statistics.
At present, Adobe Systems' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.10, whereas Issuance Of Capital Stock is forecasted to decline to about 289.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit15.4B17.1B19.6B20.6B
Total Revenue17.6B19.4B22.3B23.4B

Adobe Systems fundamental ratios Correlations

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0.990.970.990.99-0.620.980.940.980.960.910.990.440.880.97-0.930.990.990.96-0.40.770.960.570.98-0.48-0.39
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0.990.990.940.99-0.640.980.950.970.960.920.970.40.90.97-0.940.971.00.96-0.410.760.980.520.98-0.44-0.39
-0.58-0.62-0.54-0.63-0.64-0.73-0.82-0.5-0.75-0.74-0.62-0.08-0.41-0.610.71-0.52-0.64-0.720.16-0.1-0.50.21-0.640.020.42
0.970.980.930.970.98-0.730.980.950.980.920.970.340.860.96-0.970.950.980.96-0.40.680.940.440.98-0.37-0.45
0.930.940.890.950.95-0.820.980.90.980.930.940.310.810.93-0.930.910.950.95-0.390.60.890.330.95-0.32-0.48
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0.940.960.930.940.96-0.750.980.980.930.860.950.210.80.97-0.960.930.960.91-0.430.660.930.440.96-0.24-0.58
0.920.910.850.950.92-0.740.920.930.850.860.910.570.810.85-0.830.870.920.99-0.340.580.830.280.9-0.57-0.12
0.990.990.970.980.97-0.620.970.940.970.950.910.420.880.95-0.920.980.970.96-0.470.750.950.550.99-0.46-0.36
0.470.440.370.510.4-0.080.340.310.430.210.570.420.450.3-0.170.420.40.530.20.370.320.290.34-0.960.46
0.920.880.790.910.9-0.410.860.810.930.80.810.880.450.83-0.80.920.90.84-0.440.810.910.650.88-0.51-0.3
0.970.970.970.950.97-0.610.960.930.960.970.850.950.30.83-0.930.960.970.92-0.450.760.950.560.97-0.35-0.48
-0.91-0.93-0.9-0.9-0.940.71-0.97-0.93-0.9-0.96-0.83-0.92-0.17-0.8-0.93-0.9-0.94-0.880.42-0.68-0.92-0.43-0.950.240.55
0.990.990.970.970.97-0.520.950.911.00.930.870.980.420.920.96-0.90.970.93-0.490.830.980.660.98-0.47-0.39
0.990.990.940.991.0-0.640.980.950.970.960.920.970.40.90.97-0.940.970.96-0.410.760.980.520.98-0.44-0.39
0.960.960.910.980.96-0.720.960.950.910.910.990.960.530.840.92-0.880.930.96-0.380.650.890.380.95-0.54-0.22
-0.43-0.4-0.48-0.37-0.410.16-0.4-0.39-0.44-0.43-0.34-0.470.2-0.44-0.450.42-0.49-0.41-0.38-0.45-0.5-0.34-0.51-0.130.22
0.790.770.780.750.76-0.10.680.60.840.660.580.750.370.810.76-0.680.830.760.65-0.450.840.90.74-0.51-0.33
0.970.960.940.940.98-0.50.940.890.980.930.830.950.320.910.95-0.920.980.980.89-0.50.840.640.96-0.39-0.43
0.590.570.610.520.520.210.440.330.680.440.280.550.290.650.56-0.430.660.520.38-0.340.90.640.53-0.42-0.33
0.980.980.970.970.98-0.640.980.950.970.960.90.990.340.880.97-0.950.980.980.95-0.510.740.960.53-0.38-0.41
-0.51-0.48-0.42-0.54-0.440.02-0.37-0.32-0.48-0.24-0.57-0.46-0.96-0.51-0.350.24-0.47-0.44-0.54-0.13-0.51-0.39-0.42-0.38-0.42
-0.35-0.39-0.41-0.32-0.390.42-0.45-0.48-0.41-0.58-0.12-0.360.46-0.3-0.480.55-0.39-0.39-0.220.22-0.33-0.43-0.33-0.41-0.42
Click cells to compare fundamentals

Adobe Systems Account Relationship Matchups

Adobe Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.3B27.2B27.2B29.8B34.2B36.0B
Other Current Liab1.5B1.8B1.9B2.0B2.3B2.4B
Total Current Liabilities5.5B6.9B8.1B8.3B9.5B10.0B
Total Stockholder Equity13.3B14.8B14.1B16.5B19.0B19.9B
Property Plant And Equipment Net2.0B2.1B2.3B2.4B2.7B2.9B
Net Debt230M829M397M(3.1B)(3.5B)(3.3B)
Retained Earnings19.6B23.9B28.3B33.3B38.3B40.3B
Cash4.5B3.8B4.2B7.1B8.2B8.6B
Non Current Assets Total16.1B18.6B18.2B18.7B21.5B22.6B
Non Currrent Assets Other663M848M841M1.2B1.4B1.5B
Cash And Short Term Investments6.0B5.8B6.1B7.8B9.0B9.5B
Net Receivables1.4B1.9B2.1B2.2B2.6B2.7B
Common Stock Shares Outstanding485M481M471M459M527.9M533.1M
Liabilities And Stockholders Equity24.3B27.2B27.2B29.8B34.2B36.0B
Non Current Liabilities Total5.5B5.5B5.0B5.0B5.8B6.0B
Other Current Assets756M975M835M1.0B1.2B1.2B
Other Stockholder Equity(6.2B)(9.0B)(14.0B)(16.5B)(14.9B)(14.1B)
Total Liab11.0B12.4B13.1B13.3B15.3B16.0B
Property Plant And Equipment Gross2.0B2.1B2.3B2.4B2.7B2.9B
Total Current Assets8.1B8.7B9.0B11.1B12.7B13.4B
Accumulated Other Comprehensive Income(158M)(137M)(293M)(285M)(256.5M)(243.7M)
Short Long Term Debt Total4.7B4.7B4.6B4.1B4.7B2.4B
Accounts Payable306M312M379M314M361.1M379.2M
Intangible Assets1.4B1.8B1.4B1.1B1.3B667.4M
Current Deferred Revenue3.6B4.7B5.3B5.8B6.7B7.0B
Short Term Investments1.5B2.0B1.9B701M806.2M1.5B
Short Term Debt92M97M587M73M84.0M79.8M
Treasury Stock(10.6B)(13.5B)(17.4B)(23.8B)(21.5B)(20.4B)
Property Plant Equipment1.3B1.5B2.1B1.9B2.2B2.3B
Other Assets562.7M2.0B1.9B1.6B1.9B2.0B
Good Will10.7B12.7B12.8B12.8B14.7B15.5B
Other Liab1.1B892M936M940M1.1B1.1B
Long Term Debt4.1B4.1B3.6B3.6B4.2B2.4B
Net Tangible Assets(1.9B)1.2B256M(185M)(166.5M)(158.2M)
Retained Earnings Total Equity14.8B19.6B23.9B28.3B32.6B34.2B
Long Term Debt Total988.9M4.1B4.1B3.6B4.2B2.4B
Capital Surpluse6.5B7.4B8.4B9.9B11.3B11.9B

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When determining whether Adobe Systems is a strong investment it is important to analyze Adobe Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adobe Systems' future performance. For an informed investment choice regarding Adobe Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. 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 labor statistics.
Note that the Adobe Systems information on this page should be used as a complementary analysis to other Adobe Systems' 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Adobe Systems' 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 Adobe Systems. If investors know Adobe 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 Adobe Systems 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
(0.50)
Earnings Share
10.46
Revenue Per Share
43.762
Quarterly Revenue Growth
0.113
Return On Assets
0.1572
The market value of Adobe Systems is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' 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 Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' 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 Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adobe Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' 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.