Digimarc Other Operating Expenses vs Tax Provision Analysis

DMRC Stock  USD 25.10  0.12  0.48%   
Digimarc financial indicator trend analysis is much more than just examining Digimarc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digimarc is a good investment. Please check the relationship between Digimarc Other Operating Expenses and its Tax Provision accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digimarc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.

Other Operating Expenses vs Tax Provision

Other Operating Expenses vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digimarc Other Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have no relationship.
The correlation between Digimarc's Other Operating Expenses and Tax Provision is 0.0. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Digimarc, assuming nothing else is changed. The correlation between historical values of Digimarc's Other Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Digimarc are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Other Operating Expenses i.e., Digimarc's Other Operating Expenses and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Digimarc. It is also known as Digimarc overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Digimarc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digimarc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digimarc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.The current year's Tax Provision is expected to grow to about 94.5 K, whereas Selling General Administrative is forecasted to decline to about 11.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit17.7M15.3M20.2M19.5M
Total Revenue26.5M30.2M34.9M28.4M

Digimarc fundamental ratios Correlations

0.540.610.980.040.810.45-0.350.580.490.560.28-0.130.720.390.680.640.760.690.630.310.80.410.3-0.620.75
0.540.930.43-0.50.610.59-0.10.980.240.880.33-0.080.050.470.80.920.660.920.940.90.140.03-0.37-0.930.76
0.610.930.5-0.450.580.66-0.050.960.210.840.380.030.210.390.740.940.640.920.990.830.290.11-0.19-0.920.76
0.980.430.50.150.750.33-0.380.470.490.470.2-0.150.790.360.550.530.680.60.520.210.860.450.37-0.510.63
0.04-0.5-0.450.15-0.23-0.36-0.23-0.420.13-0.47-0.250.10.350.25-0.24-0.52-0.39-0.33-0.49-0.270.320.330.360.37-0.19
0.810.610.580.75-0.230.68-0.40.610.520.640.22-0.390.350.360.810.680.920.740.630.430.460.46-0.07-0.70.81
0.450.590.660.33-0.360.680.110.650.010.680.080.08-0.120.440.620.590.710.560.640.53-0.010.21-0.17-0.570.63
-0.35-0.1-0.05-0.38-0.23-0.40.11-0.1-0.98-0.020.120.48-0.43-0.02-0.27-0.18-0.2-0.27-0.1-0.09-0.44-0.280.350.23-0.26
0.580.980.960.47-0.420.610.65-0.10.240.90.29-0.020.090.50.790.930.670.930.960.910.190.06-0.34-0.930.77
0.490.240.210.490.130.520.01-0.980.240.140.01-0.450.50.040.430.340.340.420.270.180.510.28-0.31-0.390.43
0.560.880.840.47-0.470.640.68-0.020.90.140.10.13-0.050.390.690.890.750.80.870.730.05-0.11-0.38-0.790.63
0.280.330.380.2-0.250.220.080.120.290.010.1-0.020.230.190.480.380.290.460.390.270.270.280.23-0.50.49
-0.13-0.080.03-0.150.1-0.390.080.48-0.02-0.450.13-0.02-0.290.12-0.17-0.06-0.17-0.2-0.01-0.09-0.29-0.560.070.19-0.19
0.720.050.210.790.350.35-0.12-0.430.090.5-0.050.23-0.290.050.150.190.190.30.2-0.090.990.580.6-0.20.29
0.390.470.390.360.250.360.44-0.020.50.040.390.190.120.050.50.230.380.420.330.610.170.32-0.03-0.410.47
0.680.80.740.55-0.240.810.62-0.270.790.430.690.48-0.170.150.50.780.820.870.770.710.260.23-0.22-0.890.98
0.640.920.940.53-0.520.680.59-0.180.930.340.890.38-0.060.190.230.780.720.940.980.750.270.04-0.3-0.930.77
0.760.660.640.68-0.390.920.71-0.20.670.340.750.29-0.170.190.380.820.720.720.680.450.310.2-0.1-0.70.78
0.690.920.920.6-0.330.740.56-0.270.930.420.80.46-0.20.30.420.870.940.720.940.840.390.28-0.24-0.990.87
0.630.940.990.52-0.490.630.64-0.10.960.270.870.39-0.010.20.330.770.980.680.940.810.280.08-0.24-0.940.78
0.310.90.830.21-0.270.430.53-0.090.910.180.730.27-0.09-0.090.610.710.750.450.840.810.010.12-0.47-0.860.67
0.80.140.290.860.320.46-0.01-0.440.190.510.050.27-0.290.990.170.260.270.310.390.280.010.610.57-0.30.39
0.410.030.110.450.330.460.21-0.280.060.28-0.110.28-0.560.580.320.230.040.20.280.080.120.610.35-0.240.31
0.3-0.37-0.190.370.36-0.07-0.170.35-0.34-0.31-0.380.230.070.6-0.03-0.22-0.3-0.1-0.24-0.24-0.470.570.350.3-0.07
-0.62-0.93-0.92-0.510.37-0.7-0.570.23-0.93-0.39-0.79-0.50.19-0.2-0.41-0.89-0.93-0.7-0.99-0.94-0.86-0.3-0.240.3-0.88
0.750.760.760.63-0.190.810.63-0.260.770.430.630.49-0.190.290.470.980.770.780.870.780.670.390.31-0.07-0.88
Click cells to compare fundamentals

Digimarc Account Relationship Matchups

Digimarc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets57.4M97.0M64.9M113.8M80.6M70.4M
Other Current Liab2.3M3.0M4.7M6.0M6.7M7.0M
Total Current Liabilities5.4M9.8M7.7M10.1M12.5M13.2M
Total Stockholder Equity49.5M83.8M55.4M97.6M61.9M62.7M
Other Liab59K523K752K76K87.4K83.0K
Property Plant And Equipment Net3.7M3.3M2.9M7.1M5.6M3.2M
Current Deferred Revenue3.2M3.0M3.0M4.1M5.9M3.4M
Net Debt(8.7M)(12.3M)(12.0M)(27.6M)(15.5M)(16.2M)
Accounts Payable1.6M2.8M4.0M5.1M6.1M6.4M
Cash11.2M19.7M13.8M33.6M21.5M18.3M
Non Current Assets Total14.1M13.2M20.9M49.6M43.5M45.6M
Non Currrent Assets Other2.7M2.2M2.0M1.1M786K819.3K
Other Assets397K2.2M2.0M1.1M1.3M1.3M
Cash And Short Term Investments36.8M77.7M33.3M52.5M27.2M45.3M
Net Receivables4.0M3.9M8.4M5.4M5.8M5.1M
Common Stock Shares Outstanding11.8M12.9M16.5M19.1M20.3M11.3M
Liabilities And Stockholders Equity57.4M97.0M64.9M113.8M80.6M70.4M
Non Current Liabilities Total2.5M3.4M1.8M6.1M6.1M6.4M
Other Current Assets2.5M2.2M2.3M6.2M4.1M2.1M
Other Stockholder Equity188.1M255.0M261.3M367.7M376.2M395.0M
Total Liab7.9M13.2M9.5M16.2M18.6M19.6M
Property Plant And Equipment Gross3.7M3.3M14.2M7.1M15.3M16.0M
Total Current Assets43.3M83.8M44.0M64.1M37.1M52.5M
Property Plant Equipment3.7M3.3M2.9M2.4M2.7M2.7M
Short Term Investments25.6M58.0M19.5M18.9M5.7M5.4M
Accumulated Other Comprehensive Income(9.1M)(10.0M)0.0(4.4M)(2.6M)(2.7M)
Retained Earnings(138.7M)(171.3M)(206.0M)(265.8M)(311.8M)(296.2M)
Intangible Assets6.7M6.6M6.6M33.2M28.5M29.9M
Net Tangible Assets41.6M76.1M47.6M97.5M112.2M61.3M
Retained Earnings Total Equity(138.7M)(171.3M)(206.0M)(265.8M)(239.2M)(227.3M)
Capital Surpluse188.1M255.0M261.3M367.7M422.8M444.0M
Short Term Debt663K3.9M745K939K582K552.9K
Net Invested Capital49.4M88.9M55.3M97.5M61.9M77.3M
Net Working Capital37.9M74.1M36.3M54.0M24.6M39.2M

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When determining whether Digimarc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digimarc'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 Digimarc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digimarc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digimarc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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Is Digimarc'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 Digimarc. If investors know Digimarc 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 Digimarc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.06)
Revenue Per Share
1.804
Quarterly Revenue Growth
0.267
Return On Assets
(0.29)
Return On Equity
(0.49)
The market value of Digimarc is measured differently than its book value, which is the value of Digimarc that is recorded on the company's balance sheet. Investors also form their own opinion of Digimarc's value that differs from its market value or its book value, called intrinsic value, which is Digimarc'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 Digimarc's market value can be influenced by many factors that don't directly affect Digimarc'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 Digimarc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digimarc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digimarc'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.