Target Cost Of Revenue vs Total Operating Expenses Analysis

TGT Stock  USD 164.74  0.30  0.18%   
Target financial indicator trend analysis is much more than just breaking down Target prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target is a good investment. Please check the relationship between Target Cost Of Revenue and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Target Stock please use our How to Invest in Target guide.

Cost Of Revenue vs Total Operating Expenses

Cost Of Revenue vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Cost Of Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Target's Cost Of Revenue and Total Operating Expenses is 0.77. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Target, assuming nothing else is changed. The correlation between historical values of Target's Cost Of Revenue and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Target are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Target's Cost Of Revenue and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Target income statement and represents the costs associated with goods and services Target provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Target's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target 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 Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Target Stock please use our How to Invest in Target guide.At this time, Target's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.20 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 8.60 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue106.0B109.1B107.4B54.9B
Depreciation And Amortization3.0B2.7B2.8B1.5B

Target fundamental ratios Correlations

0.960.330.940.820.980.530.480.370.98-0.080.410.17-0.890.970.910.640.820.980.920.170.82-0.790.55-0.790.19
0.960.440.880.760.970.670.440.170.96-0.20.280.25-0.850.980.860.510.770.950.840.320.72-0.780.63-0.730.04
0.330.440.360.110.330.610.0-0.150.32-0.660.030.1-0.330.40.38-0.030.230.390.310.410.3-0.40.67-0.32-0.71
0.940.880.360.610.870.370.220.550.87-0.130.590.09-0.890.90.960.530.860.980.940.070.95-0.870.57-0.880.21
0.820.760.110.610.830.460.880.180.830.240.160.28-0.620.720.550.710.490.690.70.290.43-0.390.25-0.410.23
0.980.970.330.870.830.580.50.211.0-0.090.250.15-0.890.970.870.640.820.940.810.190.74-0.780.52-0.770.11
0.530.670.610.370.460.580.38-0.350.57-0.48-0.060.3-0.50.610.390.090.30.50.370.690.24-0.460.81-0.32-0.22
0.480.440.00.220.880.50.38-0.070.50.4-0.10.44-0.190.360.130.580.020.30.40.390.020.070.050.050.16
0.370.17-0.150.550.180.21-0.35-0.070.220.190.91-0.24-0.430.240.480.230.510.410.6-0.290.64-0.440.06-0.540.55
0.980.960.320.870.831.00.570.50.22-0.080.260.14-0.890.970.870.650.820.940.810.180.75-0.780.52-0.770.12
-0.08-0.2-0.66-0.130.24-0.09-0.480.40.19-0.08-0.070.230.22-0.24-0.30.32-0.21-0.19-0.06-0.19-0.190.38-0.680.240.48
0.410.280.030.590.160.25-0.06-0.10.910.26-0.07-0.23-0.50.320.5-0.030.530.460.630.020.64-0.570.37-0.560.5
0.170.250.10.090.280.150.30.44-0.240.140.23-0.230.070.130.00.24-0.210.110.20.47-0.060.180.050.18-0.11
-0.89-0.85-0.33-0.89-0.62-0.89-0.5-0.19-0.43-0.890.22-0.50.07-0.9-0.9-0.47-0.96-0.91-0.78-0.1-0.850.95-0.580.96-0.18
0.970.980.40.90.720.970.610.360.240.97-0.240.320.13-0.90.920.560.830.980.850.160.8-0.830.63-0.80.09
0.910.860.380.960.550.870.390.130.480.87-0.30.50.0-0.90.920.550.890.960.87-0.060.95-0.880.61-0.90.12
0.640.51-0.030.530.710.640.090.580.230.650.32-0.030.24-0.470.560.550.410.560.55-0.280.51-0.24-0.01-0.420.2
0.820.770.230.860.490.820.30.020.510.82-0.210.53-0.21-0.960.830.890.410.870.72-0.080.86-0.950.45-0.970.19
0.980.950.390.980.690.940.50.30.410.94-0.190.460.11-0.910.980.960.560.870.920.120.9-0.870.62-0.860.16
0.920.840.310.940.70.810.370.40.60.81-0.060.630.2-0.780.850.870.550.720.920.140.86-0.720.55-0.730.29
0.170.320.410.070.290.190.690.39-0.290.18-0.190.020.47-0.10.16-0.06-0.28-0.080.120.14-0.16-0.090.450.09-0.19
0.820.720.30.950.430.740.240.020.640.75-0.190.64-0.06-0.850.80.950.510.860.90.86-0.16-0.870.56-0.910.26
-0.79-0.78-0.4-0.87-0.39-0.78-0.460.07-0.44-0.780.38-0.570.180.95-0.83-0.88-0.24-0.95-0.87-0.72-0.09-0.87-0.660.96-0.12
0.550.630.670.570.250.520.810.050.060.52-0.680.370.05-0.580.630.61-0.010.450.620.550.450.56-0.66-0.52-0.1
-0.79-0.73-0.32-0.88-0.41-0.77-0.320.05-0.54-0.770.24-0.560.180.96-0.8-0.9-0.42-0.97-0.86-0.730.09-0.910.96-0.52-0.17
0.190.04-0.710.210.230.11-0.220.160.550.120.480.5-0.11-0.180.090.120.20.190.160.29-0.190.26-0.12-0.1-0.17
Click cells to compare fundamentals

Target Account Relationship Matchups

Target fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.8B51.2B53.8B53.3B55.4B32.0B
Short Long Term Debt Total13.8B14.9B16.2B18.8B21.2B11.0B
Other Current Liab955M1.0B4.9B4.6B4.6B4.8B
Total Current Liabilities14.5B20.1B21.7B19.5B19.3B9.9B
Total Stockholder Equity11.8B14.4B12.8B11.2B13.4B10.1B
Property Plant And Equipment Net28.5B29.1B30.7B34.2B36.5B19.1B
Net Debt11.2B6.4B10.3B16.5B20.3B21.4B
Retained Earnings6.4B8.8B6.9B5.0B7.1B7.5B
Cash2.6B8.5B5.9B2.2B908M1.4B
Non Current Assets Total29.9B30.5B32.2B35.5B37.9B20.1B
Non Currrent Assets Other1.4B1.4B(1.2B)(2.0B)(2.2B)(2.1B)
Cash And Short Term Investments2.6B8.5B5.9B2.2B3.8B4.0B
Net Receivables962M1.1B1.4B1.7B1.4B1.3B
Common Stock Shares Outstanding515.6M505.4M492.7M464.7M462.8M654.2M
Liabilities And Stockholders Equity42.8B51.2B53.8B53.3B55.4B32.0B
Non Current Liabilities Total16.5B16.7B19.2B22.6B22.6B12.1B
Inventory9.0B10.7B13.9B13.5B11.9B6.4B
Other Current Assets1.3B1.6B1.8B2.1B403M382.9M
Other Stockholder Equity6.2B6.3B6.4B6.6B6.8B3.6B
Total Liab30.9B36.8B41.0B42.1B41.9B21.9B
Total Current Assets12.9B20.8B21.6B17.8B17.5B11.9B
Short Term Debt161M1.1B171M130M3.0B3.2B
Accounts Payable9.9B12.9B15.5B13.5B10.5B6.6B
Property Plant And Equipment Gross28.5B29.1B51.9B54.1B60.9B63.9B
Accumulated Other Comprehensive Income(868M)(756M)(553M)(419M)(460M)(483M)
Current Deferred Revenue3.5B5.1B1.2B1.2B1.2B1.5B
Intangible Assets686M37M25M645M8M7.6M
Short Term Investments1.8B7.6B5.0B1.3B2.9B2.2B
Net Tangible Assets11.8B13.8B12.8B11.2B10.1B10.7B
Long Term Debt10.0B9.8B13.5B16.0B14.9B13.5B
Retained Earnings Total Equity6.4B8.8B6.9B5.0B4.5B7.1B
Long Term Debt Total11.3B11.5B13.5B16.0B18.4B13.7B
Capital Surpluse6.2B6.3B6.4B6.6B7.6B5.8B
Deferred Long Term Liab1.1B990M1.6B2.2B2.5B1.3B
Non Current Liabilities Other4.0B47M1.6B1.8B181M172.0M
Accumulated Depreciation(18.2B)(18.7B)(19.7B)(22.6B)(20.4B)(21.4B)
Property Plant Equipment26.3B29.1B30.7B34.2B39.3B30.7B

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When determining whether Target 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 Target 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 Target Stock. Highlighted below are key reports to facilitate an investment decision about Target Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Target Stock please use our How to Invest in Target guide.
Note that the Target information on this page should be used as a complementary analysis to other Target's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Target's price analysis, check to measure Target'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 Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.
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Is Target'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 Target. If investors know Target 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 Target 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
0.574
Dividend Share
4.36
Earnings Share
8.94
Revenue Per Share
232.745
Quarterly Revenue Growth
0.017
The market value of Target is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target's value that differs from its market value or its book value, called intrinsic value, which is Target'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 Target's market value can be influenced by many factors that don't directly affect Target'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 Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target'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.