Groupon Other Operating Expenses vs Tax Provision Analysis
| GRPN Stock | USD 10.85 0.90 7.66% |
Groupon financial indicator trend analysis is much more than just examining Groupon latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Groupon is a good investment. Please check the relationship between Groupon Other Operating Expenses and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Groupon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Groupon Stock, please use our How to Invest in Groupon 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 Groupon Other Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Groupon's Other Operating Expenses and Tax Provision is -0.44. 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 Groupon, assuming nothing else is changed. The correlation between historical values of Groupon'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 Groupon 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., Groupon's Other Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.44 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Groupon. It is also known as Groupon 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 Groupon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Groupon 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 Groupon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Groupon Stock, please use our How to Invest in Groupon guide.At this time, Groupon's Selling General Administrative is very stable compared to the past year. As of the 20th of September 2024, Tax Provision is likely to grow to about 53.8 M, while Discontinued Operations is likely to drop about 326.6 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 737.1M | 522.8M | 432.3M | 815.1M | Total Revenue | 967.1M | 599.1M | 514.9M | 489.2M |
Groupon fundamental ratios Correlations
Click cells to compare fundamentals
Groupon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Groupon fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.6B | 1.4B | 1.2B | 793.1M | 571.0M | 542.4M | |
| Other Current Liab | 728.6M | 633.7M | 448.7M | 135.2M | 68.2M | 64.8M | |
| Total Current Liabilities | 821.5M | 939.0M | 631.0M | 531.4M | 369.2M | 350.7M | |
| Total Stockholder Equity | 393.9M | 107.7M | 209.9M | 8.5M | (40.6M) | (38.6M) | |
| Other Liab | 39.2M | 44.4M | 34.4M | 18.6M | 21.4M | 20.3M | |
| Net Tangible Assets | 33.6M | (137.2M) | (30.8M) | (187.9M) | (169.1M) | (160.6M) | |
| Noncontrolling Interest In Consolidated Entity | 1.1M | (1K) | 424K | 383K | 440.5K | 329.1K | |
| Retained Earnings | (1.0B) | (1.3B) | (1.2B) | (1.4B) | (1.4B) | (1.4B) | |
| Accounts Payable | 20.4M | 33.0M | 22.2M | 285.0M | 224.4M | 235.7M | |
| Cash | 750.9M | 850.6M | 498.7M | 281.3M | 167.6M | 159.3M | |
| Other Assets | 28.6M | 147.3M | 88.0M | 41.0M | 47.2M | 57.1M | |
| Long Term Debt | 214.9M | 229.5M | 223.4M | 224.9M | 226.5M | 128.4M | |
| Net Receivables | 55.0M | 43.0M | 36.8M | 45.0M | 55.7M | 68.3M | |
| Good Will | 325.0M | 214.7M | 216.4M | 178.7M | 205.5M | 238.7M | |
| Common Stock Total Equity | 75K | 76K | 77K | 4K | 4.6K | 4.4K | |
| Retained Earnings Total Equity | (1.0B) | (1.3B) | (1.2B) | (1.4B) | (1.3B) | (1.3B) | |
| Common Stock Shares Outstanding | 28.4M | 28.6M | 33.5M | 30.2M | 31.2M | 37.6M | |
| Inventory | 25.5M | 33.7M | 25.4M | 1.3M | 1.5M | 1.4M | |
| Other Current Assets | 82.1M | 40.4M | 52.6M | 41.1M | 17.6M | 16.7M | |
| Other Stockholder Equity | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | |
| Total Liab | 1.2B | 1.3B | 947.6M | 784.3M | 611.3M | 1.1B | |
| Deferred Long Term Liab | 12.5M | 7.2M | 7.7M | 22.5M | 25.9M | 27.2M | |
| Long Term Investments | 108.5M | 76.6M | 37.7M | 119.5M | 74.8M | 82.2M | |
| Total Current Assets | 887.9M | 934.0M | 588.1M | 367.4M | 241.0M | 228.9M | |
| Accumulated Other Comprehensive Income | 39.1M | 3.1M | (4.8M) | 2.9M | (5.6M) | (5.4M) | |
| Short Term Debt | 40.8M | 200M | 100M | 75M | 49.9M | 47.4M | |
| Intangible Assets | 35.3M | 30.2M | 24.3M | 17.6M | 11.4M | 10.8M | |
| Common Stock | 75K | 76K | 77K | 4K | 3.6K | 3.4K | |
| Property Plant Equipment | 125.0M | 160.6M | 121.5M | 20.3M | 23.3M | 22.1M | |
| Property Plant And Equipment Net | 233.3M | 160.6M | 121.5M | 68.9M | 32.7M | 31.1M | |
| Net Debt | (425.7M) | (330.2M) | (116.6M) | 28.0M | 111.1M | 116.7M | |
| Non Current Assets Total | 698.8M | 477.5M | 569.8M | 425.8M | 330M | 560.5M | |
| Non Currrent Assets Other | 28.6M | 22.7M | 25.1M | 27.5M | 20.7M | 21.5M | |
| Cash And Short Term Investments | 750.9M | 850.6M | 498.7M | 281.3M | 167.6M | 159.3M | |
| Liabilities And Stockholders Equity | 1.6B | 1.4B | 1.2B | 793.1M | 571.0M | 1.1B |
Pair Trading with Groupon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Groupon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Groupon will appreciate offsetting losses from the drop in the long position's value.Moving together with Groupon Stock
| 0.68 | W | Wayfair Buyout Trend | PairCorr |
Moving against Groupon Stock
The ability to find closely correlated positions to Groupon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Groupon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Groupon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Groupon to buy it.
The correlation of Groupon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Groupon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Groupon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Groupon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in Groupon Stock
When determining whether Groupon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Groupon'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 Groupon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Groupon Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Groupon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Groupon Stock, please use our How to Invest in Groupon guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Broadline Retail space 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 Groupon. If investors know Groupon 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 Groupon 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 1.092 | Earnings Share (0.99) | Revenue Per Share 14.571 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0252 |
The market value of Groupon is measured differently than its book value, which is the value of Groupon that is recorded on the company's balance sheet. Investors also form their own opinion of Groupon's value that differs from its market value or its book value, called intrinsic value, which is Groupon'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 Groupon's market value can be influenced by many factors that don't directly affect Groupon'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 Groupon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Groupon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Groupon'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.