Shutterstock Total Current Assets vs Total Revenue Analysis

SSTK Stock  USD 40.63  0.36  0.88%   
Shutterstock financial indicator trend analysis is much more than just breaking down Shutterstock prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shutterstock is a good investment. Please check the relationship between Shutterstock Total Current Assets and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shutterstock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock guide.

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shutterstock Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shutterstock's Total Current Assets and Total Revenue is 0.69. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shutterstock, assuming nothing else is changed. The correlation between historical values of Shutterstock's Total Current Assets and Total Revenue 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 Current Assets of Shutterstock are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Shutterstock's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts Shutterstock generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Shutterstock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shutterstock 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shutterstock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock guide.At this time, Shutterstock's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 18.93 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.11.
 2021 2022 2023 2024 (projected)
Gross Profit495.8M513.5M517.0M303.6M
Total Revenue773.4M827.8M874.6M505.3M

Shutterstock fundamental ratios Correlations

0.750.330.630.810.690.70.72-0.490.660.680.60.510.30.480.620.620.45-0.670.250.380.870.630.390.80.66
0.750.50.870.980.670.850.98-0.290.870.790.490.80.460.490.430.830.75-0.650.580.560.860.970.590.710.67
0.330.50.770.450.330.240.470.480.790.44-0.320.830.770.0-0.320.810.84-0.290.230.880.210.540.840.09-0.07
0.630.870.770.830.570.740.870.020.980.70.20.970.750.340.120.990.94-0.530.560.820.670.890.850.520.53
0.810.980.450.830.70.840.95-0.410.850.80.590.730.410.560.550.790.67-0.760.460.520.920.910.530.810.71
0.690.670.330.570.70.620.73-0.370.550.790.430.460.340.240.420.60.42-0.570.120.390.710.60.350.610.53
0.70.850.240.740.840.620.91-0.510.680.650.670.60.380.590.570.730.52-0.580.570.390.840.830.460.780.83
0.720.980.470.870.950.730.91-0.30.840.810.490.780.450.450.410.840.73-0.610.570.540.830.960.560.690.72
-0.49-0.290.480.02-0.41-0.37-0.51-0.3-0.01-0.24-0.970.230.31-0.68-0.970.040.320.520.060.3-0.68-0.110.25-0.82-0.71
0.660.870.790.980.850.550.680.84-0.010.710.220.950.720.360.170.960.92-0.630.450.840.70.850.840.560.49
0.680.790.440.70.80.790.650.81-0.240.710.350.630.420.060.340.670.58-0.650.210.510.720.740.450.580.61
0.60.49-0.320.20.590.430.670.49-0.970.220.35-0.01-0.180.780.980.16-0.1-0.610.13-0.140.810.33-0.080.910.81
0.510.80.830.970.730.460.60.780.230.950.63-0.010.760.18-0.090.950.99-0.40.580.840.520.850.850.330.37
0.30.460.770.750.410.340.380.450.310.720.42-0.180.760.04-0.230.80.73-0.250.350.960.260.510.970.190.11
0.480.490.00.340.560.240.590.45-0.680.360.060.780.180.040.740.330.11-0.490.310.080.70.380.20.780.54
0.620.43-0.320.120.550.420.570.41-0.970.170.340.98-0.09-0.230.740.09-0.18-0.630.0-0.180.790.24-0.140.90.73
0.620.830.810.990.790.60.730.840.040.960.670.160.950.80.330.090.92-0.50.530.860.640.850.890.510.47
0.450.750.840.940.670.420.520.730.320.920.58-0.10.990.730.11-0.180.92-0.340.570.820.440.820.820.230.29
-0.67-0.65-0.29-0.53-0.76-0.57-0.58-0.610.52-0.63-0.65-0.61-0.4-0.25-0.49-0.63-0.5-0.340.14-0.42-0.79-0.48-0.32-0.79-0.49
0.250.580.230.560.460.120.570.570.060.450.210.130.580.350.310.00.530.570.140.250.350.710.430.180.4
0.380.560.880.820.520.390.390.540.30.840.51-0.140.840.960.08-0.180.860.82-0.420.250.340.580.970.260.13
0.870.860.210.670.920.710.840.83-0.680.70.720.810.520.260.70.790.640.44-0.790.350.340.730.370.950.83
0.630.970.540.890.910.60.830.96-0.110.850.740.330.850.510.380.240.850.82-0.480.710.580.730.620.540.59
0.390.590.840.850.530.350.460.560.250.840.45-0.080.850.970.2-0.140.890.82-0.320.430.970.370.620.30.2
0.80.710.090.520.810.610.780.69-0.820.560.580.910.330.190.780.90.510.23-0.790.180.260.950.540.30.81
0.660.67-0.070.530.710.530.830.72-0.710.490.610.810.370.110.540.730.470.29-0.490.40.130.830.590.20.81
Click cells to compare fundamentals

Shutterstock Account Relationship Matchups

Shutterstock fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding35.6M36.4M37.3M36.5M36.2M36.0M
Total Assets630.5M729.6M851.7M881.2M1.0B554.5M
Other Current Liab18.8M10.4M14.2M139.5M200.7M210.8M
Total Current Liabilities245.9M256.9M333.8M383.7M452.4M475.0M
Total Stockholder Equity328.1M421.9M468.5M447.5M527.1M296.1M
Other Liab9.2M9.2M12.5M14.4M16.5M11.4M
Property Plant And Equipment Net104.3M90.5M82.6M72.1M79.7M57.9M
Current Deferred Revenue141.9M149.8M181.0M187.1M203.5M125.3M
Net Debt(255.9M)(387.0M)(277.1M)(29.5M)(32.0M)(33.6M)
Retained Earnings121.2M168.3M229.5M271.1M342.7M359.8M
Accounts Payable6.1M2.4M10.1M7.2M9.1M6.1M
Cash303.3M428.6M314.0M115.2M100.5M95.5M
Non Current Assets Total253.5M240.6M463.5M665.5M744.0M781.2M
Non Currrent Assets Other16.6M1.4M6.7M1.8M51.8M54.3M
Other Assets33.6M74.5M17.2M18.4M21.1M23.5M
Cash And Short Term Investments303.3M428.6M314.0M115.2M100.5M95.5M
Net Receivables47.0M43.8M47.7M67.2M91.1M95.7M
Good Will89.0M89.4M219.8M381.9M383.3M402.5M
Common Stock Total Equity381K389K392K396K356.4K338.6K
Liabilities And Stockholders Equity630.5M729.6M851.7M881.2M1.0B554.5M
Non Current Liabilities Total56.5M50.8M49.4M50.0M56.5M33.3M
Other Current Assets26.7M16.7M26.5M33.3M100.3M105.4M
Other Stockholder Equity212.8M260.9M249.3M191.5M196.0M173.0M
Total Liab302.4M307.7M383.2M433.7M508.9M258.4M
Property Plant And Equipment Gross104.3M90.5M82.6M72.1M353.9M371.5M
Total Current Assets377.0M489.1M388.2M215.7M292.0M298.9M
Accumulated Other Comprehensive Income(6.2M)(7.7M)(10.8M)(15.4M)(12.0M)(11.4M)
Short Term Debt79.1M94.2M128.5M50M39.1M59.5M
Intangible Assets26.7M25.8M123.8M173.1M184.4M193.6M
Common Stock381K389K392K396K399K379.1K
Property Plant Equipment58.8M50.9M48.1M54.5M62.7M44.0M
Net Tangible Assets212.5M306.7M124.8M(107.5M)(96.8M)(91.9M)
Retained Earnings Total Equity121.2M168.3M229.5M271.1M311.7M327.3M
Capital Surpluse312.8M360.9M376.5M391.5M450.2M282.2M
Deferred Long Term Liab1.5M77K2.8M4.5M5.1M5.4M
Non Current Liabilities Other56.5M50.8M46.7M9.9M22.9M24.4M

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When determining whether Shutterstock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shutterstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shutterstock Stock. Highlighted below are key reports to facilitate an investment decision about Shutterstock Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shutterstock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Shutterstock's price analysis, check to measure Shutterstock'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 Shutterstock is operating at the current time. Most of Shutterstock's value examination focuses on studying past and present price action to predict the probability of Shutterstock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shutterstock's price. Additionally, you may evaluate how the addition of Shutterstock to your portfolios can decrease your overall portfolio volatility.
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Is Shutterstock'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 Shutterstock. If investors know Shutterstock 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 Shutterstock 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)
Dividend Share
1.11
Earnings Share
2.59
Revenue Per Share
24.395
Quarterly Revenue Growth
(0)
The market value of Shutterstock is measured differently than its book value, which is the value of Shutterstock that is recorded on the company's balance sheet. Investors also form their own opinion of Shutterstock's value that differs from its market value or its book value, called intrinsic value, which is Shutterstock'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 Shutterstock's market value can be influenced by many factors that don't directly affect Shutterstock'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 Shutterstock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shutterstock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shutterstock'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.