Goodrx Interest Income vs Tax Provision Analysis

GDRX Stock

USD 7.87 0.31 4.10%

Goodrx HoldingsInc financial indicator trend analysis is much more than just examining Goodrx HoldingsInc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goodrx HoldingsInc is a good investment. Please check the relationship between Goodrx HoldingsInc Interest Income and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodrx HoldingsInc. 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 more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.

Interest Income vs Tax Provision

Interest Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goodrx HoldingsInc Interest Income account and Tax Provision. At this time, the significance of the direction appears to have pay attention.

The correlation between Goodrx HoldingsInc's Interest Income and Tax Provision is -0.93. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Goodrx HoldingsInc, assuming nothing else is changed. The correlation between historical values of Goodrx HoldingsInc's Interest Income 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 Interest Income of Goodrx HoldingsInc 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 Interest Income i.e., Goodrx HoldingsInc's Interest Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

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.

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 Goodrx HoldingsInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goodrx HoldingsInc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodrx HoldingsInc. 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 more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.At this time, Goodrx HoldingsInc's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, despite the fact that Tax Provision is likely to grow to (48.2 M).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	34.6M	54.2M	111.8M	117.4M
Interest Income	59K	9.3M	29.1M	30.6M

Depreciation And Amortization Interest Income

Goodrx HoldingsInc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		-0.4	0.95	0.93	0.99	0.14	0.98	0.94	0.97	-0.98	-0.95	0.73	0.98	0.92	-0.13	0.86	-0.72	0.98	0.92	0.9	-0.99	0.88	-1.0	0.97	1.0	-0.99
Short Long Term Debt Total	-0.4		-0.38	-0.38	-0.51	0.12	-0.54	-0.43	-0.42	0.42	0.62	-0.72	-0.39	-0.37	-0.42	-0.35	0.89	-0.39	-0.38	-0.39	0.51	-0.71	0.47	-0.39	-0.38	0.49
Other Current Liab	0.95	-0.38		1.0	0.94	0.2	0.95	0.89	0.93	-0.88	-0.9	0.84	0.88	0.96	0.04	0.78	-0.71	0.88	0.99	0.94	-0.93	0.88	-0.94	0.91	0.94	-0.92
Total Current Liabilities	0.93	-0.38	1.0		0.92	0.2	0.94	0.88	0.92	-0.86	-0.89	0.85	0.86	0.96	0.07	0.76	-0.71	0.86	0.99	0.94	-0.92	0.88	-0.92	0.89	0.93	-0.9
Total Stockholder Equity	0.99	-0.51	0.94	0.92		0.12	1.0	0.93	0.97	-0.98	-0.97	0.78	0.97	0.91	-0.06	0.87	-0.79	0.97	0.91	0.89	-1.0	0.92	-1.0	0.96	0.99	-1.0
Other Liab	0.14	0.12	0.2	0.2	0.12		0.16	-0.15	-0.03	-0.05	-0.26	0.28	0.06	0.28	0.28	0.04	0.14	0.06	0.2	0.31	-0.15	-0.01	-0.13	0.09	0.16	-0.12
Net Tangible Assets	0.98	-0.54	0.95	0.94	1.0	0.16		0.92	0.96	-0.95	-0.98	0.83	0.95	0.93	-0.02	0.82	-0.81	0.95	0.93	0.92	-0.99	0.94	-0.99	0.94	0.98	-0.99
Property Plant And Equipment Net	0.94	-0.43	0.89	0.88	0.93	-0.15	0.92		0.99	-0.92	-0.85	0.67	0.91	0.87	-0.12	0.85	-0.78	0.91	0.87	0.84	-0.92	0.91	-0.93	0.96	0.93	-0.93
Current Deferred Revenue	0.97	-0.42	0.93	0.92	0.97	-0.03	0.96	0.99		-0.94	-0.9	0.71	0.94	0.91	-0.1	0.87	-0.77	0.94	0.91	0.89	-0.96	0.92	-0.97	0.98	0.97	-0.96
Net Debt	-0.98	0.42	-0.88	-0.86	-0.98	-0.05	-0.95	-0.92	-0.94		0.92	-0.65	-1.0	-0.82	0.18	-0.89	0.7	-1.0	-0.83	-0.79	0.98	-0.83	0.98	-0.95	-0.98	0.99
Retained Earnings	-0.95	0.62	-0.9	-0.89	-0.97	-0.26	-0.98	-0.85	-0.9	0.92		-0.86	-0.91	-0.9	-0.07	-0.8	0.83	-0.91	-0.88	-0.89	0.98	-0.92	0.96	-0.91	-0.94	0.97
Accounts Payable	0.73	-0.72	0.84	0.85	0.78	0.28	0.83	0.67	0.71	-0.65	-0.86		0.63	0.83	0.42	0.55	-0.86	0.63	0.85	0.84	-0.78	0.88	-0.76	0.69	0.72	-0.75
Cash	0.98	-0.39	0.88	0.86	0.97	0.06	0.95	0.91	0.94	-1.0	-0.91	0.63		0.82	-0.2	0.9	-0.68	1.0	0.83	0.79	-0.97	0.82	-0.98	0.95	0.98	-0.98
Non Current Assets Total	0.92	-0.37	0.96	0.96	0.91	0.28	0.93	0.87	0.91	-0.82	-0.9	0.83	0.82		0.01	0.7	-0.7	0.82	0.97	1.0	-0.9	0.89	-0.9	0.89	0.91	-0.89
Non Currrent Assets Other	-0.13	-0.42	0.04	0.07	-0.06	0.28	-0.02	-0.12	-0.1	0.18	-0.07	0.42	-0.2	0.01		0.1	-0.28	-0.2	-0.01	0.02	0.04	0.14	0.07	-0.01	-0.13	0.08
Other Assets	0.86	-0.35	0.78	0.76	0.87	0.04	0.82	0.85	0.87	-0.89	-0.8	0.55	0.9	0.7	0.1		-0.63	0.9	0.68	0.65	-0.88	0.73	-0.88	0.94	0.87	-0.89
Long Term Debt	-0.72	0.89	-0.71	-0.71	-0.79	0.14	-0.81	-0.78	-0.77	0.7	0.83	-0.86	-0.68	-0.7	-0.28	-0.63		-0.68	-0.7	-0.7	0.78	-0.94	0.76	-0.73	-0.7	0.77
Cash And Short Term Investments	0.98	-0.39	0.88	0.86	0.97	0.06	0.95	0.91	0.94	-1.0	-0.91	0.63	1.0	0.82	-0.2	0.9	-0.68		0.83	0.79	-0.97	0.82	-0.98	0.95	0.98	-0.98
Net Receivables	0.92	-0.38	0.99	0.99	0.91	0.2	0.93	0.87	0.91	-0.83	-0.88	0.85	0.83	0.97	-0.01	0.68	-0.7	0.83		0.96	-0.9	0.88	-0.9	0.86	0.91	-0.88
Good Will	0.9	-0.39	0.94	0.94	0.89	0.31	0.92	0.84	0.89	-0.79	-0.89	0.84	0.79	1.0	0.02	0.65	-0.7	0.79	0.96		-0.88	0.89	-0.88	0.86	0.89	-0.86
Common Stock Total Equity	-0.99	0.51	-0.93	-0.92	-1.0	-0.15	-0.99	-0.92	-0.96	0.98	0.98	-0.78	-0.97	-0.9	0.04	-0.88	0.78	-0.97	-0.9	-0.88		-0.91	1.0	-0.96	-0.99	1.0
Common Stock Shares Outstanding	0.88	-0.71	0.88	0.88	0.92	-0.01	0.94	0.91	0.92	-0.83	-0.92	0.88	0.82	0.89	0.14	0.73	-0.94	0.82	0.88	0.89	-0.91		-0.9	0.88	0.86	-0.9
Non Current Liabilities Total	-1.0	0.47	-0.94	-0.92	-1.0	-0.13	-0.99	-0.93	-0.97	0.98	0.96	-0.76	-0.98	-0.9	0.07	-0.88	0.76	-0.98	-0.9	-0.88	1.0	-0.9		-0.97	-0.99	1.0
Other Current Assets	0.97	-0.39	0.91	0.89	0.96	0.09	0.94	0.96	0.98	-0.95	-0.91	0.69	0.95	0.89	-0.01	0.94	-0.73	0.95	0.86	0.86	-0.96	0.88	-0.97		0.97	-0.97
Other Stockholder Equity	1.0	-0.38	0.94	0.93	0.99	0.16	0.98	0.93	0.97	-0.98	-0.94	0.72	0.98	0.91	-0.13	0.87	-0.7	0.98	0.91	0.89	-0.99	0.86	-0.99	0.97		-0.99
Total Liab	-0.99	0.49	-0.92	-0.9	-1.0	-0.12	-0.99	-0.93	-0.96	0.99	0.97	-0.75	-0.98	-0.89	0.08	-0.89	0.77	-0.98	-0.88	-0.86	1.0	-0.9	1.0	-0.97	-0.99

Click cells to compare fundamentals

Goodrx HoldingsInc Account Relationship Matchups

Goodrx HoldingsInc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	386.8M	1.5B	1.6B	1.6B	1.6B	1.3B
Short Long Term Debt Total	711.0M	704.9M	702.3M	717.0M	711.1M	569.1M
Other Current Liab	12.1M	30.8M	43.9M	39.6M	64.2M	35.6M
Total Current Liabilities	33.4M	59.6M	81.1M	76.3M	122.6M	71.4M
Total Stockholder Equity	(1.1B)	711.4M	831.7M	814.8M	762.0M	800.1M
Other Liab	3.0M	5.8M	5.4M	7.6M	8.7M	6.3M
Net Tangible Assets	(1.4B)	393.5M	831.7M	814.8M	937.1M	983.9M
Property Plant And Equipment Net	34.2M	50.8M	49.3M	55.7M	45.9M	43.4M
Current Deferred Revenue	3.5M	6.9M	6.9M	7.9M	7.1M	5.9M
Net Debt	684.9M	(263.8M)	(238.8M)	(40.1M)	38.8M	36.8M
Retained Earnings	(1.1B)	(1.4B)	(1.4B)	(1.4B)	(1.5B)	(1.5B)
Accounts Payable	7.9M	10.3M	17.5M	17.7M	36.3M	38.1M
Cash	26.1M	968.7M	941.1M	757.2M	672.3M	623.3M
Non Current Assets Total	300.2M	383.7M	518.8M	684.9M	716.0M	521.7M
Non Currrent Assets Other	1.2M	2.0M	(34.3M)	(15.0M)	22.8M	23.9M
Other Assets	3.4M	15.1M	6.0M	8.2M	9.4M	7.6M
Long Term Debt	663.9M	659.9M	655.9M	651.8M	647.7M	532.8M
Cash And Short Term Investments	26.1M	968.7M	941.1M	757.2M	672.3M	623.3M
Net Receivables	55.5M	68.7M	126.4M	117.1M	160.0M	103.2M
Good Will	236.2M	261.1M	329.7M	412.1M	410.8M	342.9M
Common Stock Shares Outstanding	385.4M	391.7M	400.6M	412.9M	410.3M	433.3M
Liabilities And Stockholders Equity	386.8M	1.5B	1.6B	1.6B	1.6B	1.3B
Non Current Liabilities Total	1.4B	699.2M	694.8M	713.5M	704.3M	761.8M
Capital Lease Obligations	40.1M	38.0M	39.4M	58.2M	54.6M	42.2M
Other Current Assets	12.4M	46.0M	29.6M	45.4M	40.4M	32.5M
Other Stockholder Equity	8.8M	2.1B	2.2B	2.3B	2.2B	1.6B
Total Liab	1.5B	758.8M	775.9M	789.8M	826.8M	813.7M
Net Invested Capital	(416.7M)	1.4B	1.5B	1.5B	1.4B	899.8M
Property Plant And Equipment Gross	34.2M	50.8M	21.6M	19.8M	59.6M	34.3M
Total Current Assets	86.6M	1.1B	1.1B	919.7M	872.8M	756.7M
Non Current Liabilities Other	3.0M	5.8M	5.1M	7.6M	8.2M	6.1M
Net Working Capital	53.2M	1.0B	1.0B	843.4M	750.2M	685.3M
Short Term Debt	10.0M	11.6M	12.9M	11.1M	15.0M	12.1M
Intangible Assets	26.4M	56.7M	133.8M	189.9M	156.3M	106.6M
Property Plant Equipment	34.2M	50.8M	21.6M	19.8M	22.8M	28.0M

Also Currently Popular

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.

V	Visa Class A
BAC	Bank of America
GM	General Motors

When determining whether Goodrx HoldingsInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Goodrx HoldingsInc'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 Goodrx Holdingsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Goodrx Holdingsinc Stock:

How To Invest In Goodrx

Details

Is Goodrx Stock a good investment?

Details

What is Goodrx HoldingsInc's Net Worth?

Details

Largest Health Care Technology Companies

View

Largest Health Care Equipment & Services Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodrx HoldingsInc. 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 more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.

You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Goodrx Stock analysis

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

	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk

Is Goodrx HoldingsInc'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 Goodrx HoldingsInc. If investors know Goodrx 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 Goodrx HoldingsInc 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

6.635

Earnings Share

(0.01)

Revenue Per Share

1.888

Quarterly Revenue Growth

0.076

Return On Assets

0.0241

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Goodrx Interest Income vs Tax Provision Analysis

Interest Income vs Tax Provision

Interest Income vs Tax Provision Correlation Analysis

Correlation Coefficient

Interest Income

Tax Provision

Goodrx HoldingsInc fundamental ratios Correlations

Goodrx HoldingsInc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Goodrx HoldingsInc fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Goodrx Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 1.0	Common Stock Total Equity

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Liab	- 1.0	Total Stockholder Equity
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Common Stock Total Equity	- 1.0	Total Stockholder Equity
Non Current Liabilities Total	- 1.0	Total Assets