Navient Operating Income vs Income Tax Expense Analysis
NAVI Stock | USD 15.42 0.12 0.77% |
Navient Corp financial indicator trend analysis is infinitely more than just investigating Navient Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navient Corp is a good investment. Please check the relationship between Navient Corp Operating Income and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navient Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.
Operating Income vs Income Tax Expense
Operating Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navient Corp Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Navient Corp's Operating Income and Income Tax Expense is -0.05. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Navient Corp, assuming nothing else is changed. The correlation between historical values of Navient Corp's Operating Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Navient Corp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., Navient Corp's Operating Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Navient Corp 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 Navient Corp 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.Income Tax Expense
Most indicators from Navient Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navient Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navient Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.As of now, Navient Corp's Sales General And Administrative To Revenue is increasing as compared to previous years. The Navient Corp's current Enterprise Value is estimated to increase to about 133.3 B, while Selling General Administrative is projected to decrease to under 387.4 M.
2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 4.0B | 2.7B | Total Revenue | 1.7B | 4.8B | 3.4B |
Navient Corp fundamental ratios Correlations
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Navient Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Navient Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 94.9B | 87.4B | 80.6B | 70.8B | 61.4B | 58.3B | |
Total Stockholder Equity | 3.3B | 2.4B | 2.6B | 3.0B | 2.8B | 4.1B | |
Other Liab | 710M | 1.0B | 1.0B | 664M | 597.6M | 567.7M | |
Retained Earnings | 3.7B | 3.3B | 3.9B | 4.5B | 4.6B | 2.4B | |
Cash | 1.2B | 1.2B | 905M | 1.5B | 2.8B | 2.4B | |
Other Assets | 90.2B | 82.6B | 76.2B | 65.6B | 54.8B | 53.9B | |
Long Term Debt | 81.7B | 77.3B | 74.5B | 61.0B | 53.3B | 101.3B | |
Short Term Investments | 2M | 470M | 462M | 452M | 406.8M | 386.5M | |
Total Liab | 91.6B | 85.0B | 78.0B | 67.8B | 58.6B | 55.7B | |
Treasury Stock | (3.4B) | (3.9B) | (4.5B) | (4.9B) | (4.4B) | (4.2B) | |
Intangible Assets | 92M | 70M | 54M | 35M | 695M | 412.9M | |
Property Plant Equipment | 135M | 116M | 95M | 74M | 66.6M | 63.3M | |
Common Stock Shares Outstanding | 233M | 195M | 172M | 144M | 123M | 116.9M | |
Short Long Term Debt Total | 90.2B | 83.9B | 77.0B | 66.9B | 57.6B | 81.0B | |
Other Current Liab | (8.5B) | (6.6B) | (2.5B) | (405M) | (4.2B) | (4.4B) | |
Total Current Liabilities | 8.5B | 6.6B | 2.5B | 5.5B | 4.2B | 5.0B | |
Property Plant And Equipment Net | 135M | 116M | 95M | 74M | 62M | 108M | |
Net Debt | 89.0B | 82.8B | 76.1B | 65.4B | 54.8B | 79.5B | |
Non Current Assets Total | 1.1B | 1.1B | 1.1B | 1.4B | 3.8B | 3.9B | |
Non Currrent Assets Other | (258M) | (454M) | (369M) | 320M | 2.9B | 3.1B | |
Cash And Short Term Investments | 1.2B | 1.2B | 905M | 1.5B | 2.8B | 1.5B | |
Net Receivables | 2.3B | 2.5B | 2.4B | 2.2B | 2.3B | 2.2B | |
Liabilities And Stockholders Equity | 94.9B | 87.4B | 80.6B | 70.8B | 61.4B | 85.5B | |
Non Current Liabilities Total | 81.7B | 77.3B | 74.5B | 5.5B | 54.4B | 72.8B | |
Other Current Assets | (5.9B) | (5.6B) | (5.6B) | (6.9B) | (2.8B) | (2.7B) | |
Other Stockholder Equity | (241M) | (628M) | (1.2B) | (1.6B) | (1.9B) | (1.8B) | |
Property Plant And Equipment Gross | 156M | 136M | 135M | 116M | 104.4M | 125.4M | |
Total Current Assets | 3.6B | 3.7B | 3.3B | 3.8B | 2.8B | 3.7B | |
Accumulated Other Comprehensive Income | (91M) | (274M) | (133M) | 87M | 19M | 20.0M | |
Short Term Debt | 8.5B | 6.6B | 2.5B | 5.9B | 4.2B | 4.8B | |
Net Tangible Assets | 2.6B | 1.7B | 1.9B | 2.3B | 2.0B | 2.1B | |
Noncontrolling Interest In Consolidated Entity | 28M | 13M | 14M | 11M | 9.9M | 9.4M | |
Retained Earnings Total Equity | 3.7B | 3.3B | 3.9B | 4.5B | 5.2B | 3.7B | |
Long Term Debt Total | 81.7B | 77.3B | 74.5B | 61.0B | 54.9B | 77.1B | |
Capital Surpluse | 3.2B | 3.2B | 3.3B | 3.3B | 3.8B | 3.4B |
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When determining whether Navient Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Navient Corp'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 Navient Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Navient Corp Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navient Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Navient Corp's price analysis, check to measure Navient Corp'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 Navient Corp is operating at the current time. Most of Navient Corp's value examination focuses on studying past and present price action to predict the probability of Navient Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navient Corp's price. Additionally, you may evaluate how the addition of Navient Corp to your portfolios can decrease your overall portfolio volatility.
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Is Navient Corp'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 Navient Corp. If investors know Navient 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 Navient Corp 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 (0.26) | Dividend Share 0.64 | Earnings Share 1.63 | Revenue Per Share 9.28 | Quarterly Revenue Growth (0.18) |
The market value of Navient Corp is measured differently than its book value, which is the value of Navient that is recorded on the company's balance sheet. Investors also form their own opinion of Navient Corp's value that differs from its market value or its book value, called intrinsic value, which is Navient Corp'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 Navient Corp's market value can be influenced by many factors that don't directly affect Navient Corp'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 Navient Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navient Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navient Corp'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.