GlucoTrack Gross Profit from 2010 to 2024

GCTK Stock  USD 0.25  0.01  3.85%   
GlucoTrack Gross Profit yearly trend continues to be quite stable with very little volatility. Gross Profit may rise above about -12.3 K this year. Gross Profit is the profit GlucoTrack makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2014-09-30
Previous Quarter
-4 K
Current Value
-8 K
Quarterly Volatility
109.4 K
 
Yuan Drop
 
Covid
Check GlucoTrack financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GlucoTrack's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.7 K, Interest Expense of 3.3 K or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 636, Dividend Yield of 1.0E-4 or PTB Ratio of 1.79. GlucoTrack financial statements analysis is a perfect complement when working with GlucoTrack Valuation or Volatility modules.
  
Check out the analysis of GlucoTrack Correlation against competitors.
For more information on how to buy GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.

Latest GlucoTrack's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of GlucoTrack over the last few years. Gross profit is a required income statement account that reflects total revenue of GlucoTrack minus its cost of goods sold. It is profit before GlucoTrack operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. GlucoTrack's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GlucoTrack's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (20 K)10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

GlucoTrack Gross Profit Regression Statistics

Arithmetic Mean113,806
Coefficient Of Variation181.50
Mean Deviation139,581
Median59,775
Standard Deviation206,556
Sample Variance42.7B
Range658.7K
R-Value(0.20)
Mean Square Error44.1B
R-Squared0.04
Significance0.47
Slope(9,364)
Total Sum of Squares597.3B

GlucoTrack Gross Profit History

2024-12.3 K
2023-13 K
2022-23 K
2021-42 K
2020-47 K
2019157.8 K
201843.5 K

Other Fundumenentals of GlucoTrack

GlucoTrack Gross Profit component correlations

0.52-0.97-0.34-0.23-0.151.00.310.07-0.070.530.050.50.81-0.040.8
0.52-0.66-0.5-0.4-0.920.540.37-0.56-0.560.72-0.240.680.73-0.330.73
-0.97-0.660.420.320.32-0.98-0.280.020.26-0.630.1-0.62-0.860.19-0.86
-0.34-0.50.42-0.390.42-0.34-0.480.40.19-0.940.49-0.85-0.730.57-0.73
-0.23-0.40.32-0.390.36-0.260.37-0.140.610.180.030.02-0.030.09-0.04
-0.15-0.920.320.420.36-0.18-0.30.670.61-0.590.28-0.54-0.480.34-0.48
1.00.54-0.98-0.34-0.26-0.180.280.05-0.110.540.010.510.81-0.080.81
0.310.37-0.28-0.480.37-0.30.28-0.070.260.590.430.250.420.410.41
0.07-0.560.020.4-0.140.670.05-0.070.15-0.430.35-0.46-0.390.4-0.4
-0.07-0.560.260.190.610.61-0.110.260.15-0.260.63-0.34-0.190.61-0.2
0.530.72-0.63-0.940.18-0.590.540.59-0.43-0.26-0.350.880.88-0.460.88
0.05-0.240.10.490.030.280.010.430.350.63-0.35-0.49-0.230.93-0.25
0.50.68-0.62-0.850.02-0.540.510.25-0.46-0.340.88-0.490.84-0.670.85
0.810.73-0.86-0.73-0.03-0.480.810.42-0.39-0.190.88-0.230.84-0.361.0
-0.04-0.330.190.570.090.34-0.080.410.40.61-0.460.93-0.67-0.36-0.38
0.80.73-0.86-0.73-0.04-0.480.810.41-0.4-0.20.88-0.250.851.0-0.38
Click cells to compare fundamentals

About GlucoTrack Financial Statements

GlucoTrack investors utilize fundamental indicators, such as Gross Profit, to predict how GlucoTrack Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit-13 K-12.3 K
Gross Profit Margin 0.87  0.91 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether GlucoTrack 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 GlucoTrack 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 Glucotrack Stock. Highlighted below are key reports to facilitate an investment decision about Glucotrack Stock:
Check out the analysis of GlucoTrack Correlation against competitors.
For more information on how to buy GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Health Care Equipment & Supplies 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 GlucoTrack. If investors know GlucoTrack 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 GlucoTrack listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.91)
Return On Assets
(1.57)
Return On Equity
(5.41)
The market value of GlucoTrack is measured differently than its book value, which is the value of GlucoTrack that is recorded on the company's balance sheet. Investors also form their own opinion of GlucoTrack's value that differs from its market value or its book value, called intrinsic value, which is GlucoTrack'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 GlucoTrack's market value can be influenced by many factors that don't directly affect GlucoTrack'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 GlucoTrack's value and its price as these two are different measures arrived at by different means. Investors typically determine if GlucoTrack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlucoTrack'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.