Micro Deferred Revenue vs Tax Liabilities Analysis

MFGP
 Stock
  

USD 3.63  0.04  1.09%   

Micro Focus financial indicator trend analysis is infinitely more than just investigating Micro Focus Intl recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Micro Focus Intl is a good investment. Please check the relationship between Micro Focus Deferred Revenue and its Tax Liabilities accounts. Additionally, see Stocks Correlation.

Deferred Revenue vs Tax Liabilities

Deferred Revenue vs Tax Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Micro Focus Intl Deferred Revenue account and Tax Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Micro Focus' Deferred Revenue and Tax Liabilities is 0.92. Overlapping area represents the amount of variation of Deferred Revenue that can explain the historical movement of Tax Liabilities in the same time period over historical financial statements of Micro Focus Intl, assuming nothing else is changed. The correlation between historical values of Micro Focus' Deferred Revenue and Tax Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Revenue of Micro Focus Intl are associated (or correlated) with its Tax Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Liabilities has no effect on the direction of Deferred Revenue i.e., Micro Focus' Deferred Revenue and Tax Liabilities go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Deferred Revenue

A component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income.

Tax Liabilities

A component of Total Liabilities representing outstanding tax liabilities.
Most indicators from Micro Focus fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Micro Focus Intl 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. Additionally, see Stocks Correlation.Micro Focus Selling General and Administrative Expense is very stable at the moment as compared to the past year. Micro Focus reported last year Selling General and Administrative Expense of 2.15 Billion. As of 16th of August 2022, Net Cash Flow Investment Acquisitions and Disposals is likely to grow to about 1.6 M, while Net Loss Income from Discontinued Operations is likely to drop (13.3 M).
 2019 2020 2021 2022 (projected)
Interest Expense279 M252.2 M290.03 M280.43 M
Gross Profit2.3 B2.12 B2.44 B2.38 B

Micro Focus fundamental ratios Correlations

-0.22-0.25-0.17-0.23-0.16-0.26-0.22-0.18-0.22-0.2-0.09-0.15-0.220.130.13-0.22-0.22-0.22-0.2-0.26-0.19-0.22-0.18
-0.220.420.970.920.970.730.920.030.930.920.90.960.91-0.36-0.360.940.920.940.970.750.970.690.95
-0.250.420.370.590.340.60.570.770.560.590.080.280.6-0.72-0.720.530.590.510.480.60.530.890.31
-0.170.970.370.941.00.780.950.030.960.950.920.990.94-0.41-0.410.970.950.970.990.790.980.690.99
-0.230.920.590.940.920.931.00.351.00.970.740.91.0-0.56-0.561.01.00.990.980.940.970.860.94
-0.160.970.341.00.920.740.93-0.030.940.940.941.00.92-0.38-0.380.960.930.960.980.760.970.660.99
-0.260.730.60.780.930.740.920.580.910.850.480.710.91-0.57-0.570.90.910.90.841.00.810.840.81
-0.220.920.570.951.00.930.920.331.00.970.760.911.0-0.55-0.551.01.01.00.980.930.970.850.95
-0.180.030.770.030.35-0.030.580.330.30.28-0.36-0.090.36-0.64-0.640.260.330.250.160.560.180.680.02
-0.220.930.560.961.00.940.911.00.30.970.770.921.0-0.54-0.541.01.01.00.990.930.980.840.96
-0.20.920.590.950.970.940.850.970.280.970.790.910.98-0.67-0.670.980.990.970.970.860.980.860.92
-0.090.90.080.920.740.940.480.76-0.360.770.790.960.74-0.17-0.170.80.760.810.860.50.850.40.9
-0.150.960.280.990.91.00.710.91-0.090.920.910.960.9-0.34-0.340.940.910.940.970.730.950.610.98
-0.220.910.60.941.00.920.911.00.361.00.980.740.9-0.61-0.610.991.00.990.980.920.970.870.93
0.13-0.36-0.72-0.41-0.56-0.38-0.57-0.55-0.64-0.54-0.67-0.17-0.34-0.611.0-0.53-0.6-0.51-0.48-0.56-0.52-0.8-0.35
0.13-0.36-0.72-0.41-0.56-0.38-0.57-0.55-0.64-0.54-0.67-0.17-0.34-0.611.0-0.53-0.6-0.51-0.48-0.56-0.52-0.8-0.35
-0.220.940.530.971.00.960.91.00.261.00.980.80.940.99-0.53-0.531.01.00.990.910.980.820.97
-0.220.920.590.951.00.930.911.00.331.00.990.760.911.0-0.6-0.61.00.990.980.920.980.860.94
-0.220.940.510.970.990.960.91.00.251.00.970.810.940.99-0.51-0.511.00.990.990.910.980.810.97
-0.20.970.480.990.980.980.840.980.160.990.970.860.970.98-0.48-0.480.990.980.990.850.990.780.98
-0.260.750.60.790.940.761.00.930.560.930.860.50.730.92-0.56-0.560.910.920.910.850.820.840.82
-0.190.970.530.980.970.970.810.970.180.980.980.850.950.97-0.52-0.520.980.980.980.990.820.80.95
-0.220.690.890.690.860.660.840.850.680.840.860.40.610.87-0.8-0.80.820.860.810.780.840.80.65
-0.180.950.310.990.940.990.810.950.020.960.920.90.980.93-0.35-0.350.970.940.970.980.820.950.65
Click cells to compare fundamentals

Micro Focus Account Relationship Matchups

Micro Focus fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories93 K64 K204 K100 K115 K118.03 K
Receivables1.21 B979 M682.3 M886.3 M797.67 M860.64 M
Accounts Payable46.1 M105 M71.5 M513 M461.7 M498.15 M

Micro Focus Investors Sentiment

The influence of Micro Focus' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Micro. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Micro Focus' public news can be used to forecast risks associated with investment in Micro. The trend in average sentiment can be used to explain how an investor holding Micro can time the market purely based on public headlines and social activities around Micro Focus Intl. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Micro Focus' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Micro Focus' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Micro Focus' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Micro Focus.

Micro Focus Implied Volatility

    
  157.35  
Micro Focus' implied volatility exposes the market's sentiment of Micro Focus Intl stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Micro Focus' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Micro Focus stock will not fluctuate a lot when Micro Focus' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Micro Focus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Micro Focus' short interest history, or implied volatility extrapolated from Micro Focus options trading.

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Additionally, see Stocks Correlation. Note that the Micro Focus Intl information on this page should be used as a complementary analysis to other Micro Focus' 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 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 Micro Focus Intl price analysis, check to measure Micro Focus' 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 Micro Focus is operating at the current time. Most of Micro Focus' value examination focuses on studying past and present price action to predict the probability of Micro Focus' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Micro Focus' price. Additionally, you may evaluate how the addition of Micro Focus to your portfolios can decrease your overall portfolio volatility.
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Is Micro Focus' 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 Micro Focus. If investors know Micro 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 Micro Focus 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 YOY
1.45
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
-0.11
Return On Assets
-9.0E-4
Return On Equity
-0.0855
The market value of Micro Focus Intl is measured differently than its book value, which is the value of Micro that is recorded on the company's balance sheet. Investors also form their own opinion of Micro Focus' value that differs from its market value or its book value, called intrinsic value, which is Micro Focus' 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 Micro Focus' market value can be influenced by many factors that don't directly affect Micro Focus' 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 Micro Focus' value and its price as these two are different measures arrived at by different means. Investors typically determine Micro Focus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micro Focus' 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.