22nd Gross Profit from 2010 to 2024

XXII Stock  USD 0.10  0.01  9.09%   
22nd Century's Gross Profit is decreasing with slightly volatile movements from year to year. Gross Profit is estimated to finish at about -8.3 M this year. Gross Profit is the profit 22nd Century Group 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
2010-03-31
Previous Quarter
570 K
Current Value
-588 K
Quarterly Volatility
2.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check 22nd Century financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 22nd Century's main balance sheet or income statement drivers, such as Interest Expense of 9.8 M, Selling General Administrative of 33.4 M or Other Operating Expenses of 81 M, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.0 or Days Sales Outstanding of 17.99. 22nd financial statements analysis is a perfect complement when working with 22nd Century Valuation or Volatility modules.
  
Check out the analysis of 22nd Century Correlation against competitors.

Latest 22nd Century's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of 22nd Century Group over the last few years. Gross profit is a required income statement account that reflects total revenue of 22nd Century Group minus its cost of goods sold. It is profit before 22nd Century 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. 22nd Century's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 22nd Century's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (3.06 M)10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

22nd Gross Profit Regression Statistics

Arithmetic Mean(379,440)
Coefficient Of Variation(991.34)
Mean Deviation2,237,090
Median14,455
Standard Deviation3,761,554
Sample Variance14.1T
Range15.5M
R-Value(0.51)
Mean Square Error11.3T
R-Squared0.26
Significance0.05
Slope(427,440)
Total Sum of Squares198.1T

22nd Gross Profit History

2024-8.3 M
2023-8.7 M
20221.2 M
20212.1 M
20201.4 M
201914.5 K
2018899 K

Other Fundumenentals of 22nd Century Group

22nd Century Gross Profit component correlations

0.940.09-0.40.520.130.910.630.72-0.020.870.410.830.220.560.120.24-0.050.44-0.310.16-0.240.40.22
0.94-0.21-0.070.21-0.220.880.340.58-0.340.760.090.69-0.080.25-0.210.3-0.380.160.010.430.080.63-0.1
0.09-0.21-0.760.750.850.030.630.340.860.10.730.370.770.750.85-0.060.830.66-0.8-0.72-0.82-0.590.79
-0.4-0.07-0.76-0.91-0.93-0.29-0.94-0.54-0.82-0.5-0.96-0.58-0.8-0.98-0.930.02-0.87-0.890.930.740.940.53-0.89
0.520.210.75-0.910.870.410.910.610.790.60.910.650.780.940.8-0.170.760.76-0.81-0.54-0.79-0.390.88
0.13-0.220.85-0.930.870.020.80.40.940.280.930.350.850.870.96-0.190.950.78-0.89-0.79-0.9-0.680.94
0.910.880.03-0.290.410.020.550.41-0.020.660.260.91-0.030.440.060.23-0.080.3-0.130.08-0.120.30.03
0.630.340.63-0.940.910.80.550.560.680.640.920.760.660.960.79-0.010.70.84-0.8-0.56-0.8-0.290.76
0.720.580.34-0.540.610.40.410.560.20.790.590.450.690.640.370.140.180.61-0.610.05-0.480.170.59
-0.02-0.340.86-0.820.790.94-0.020.680.20.040.780.330.740.760.91-0.220.940.67-0.78-0.84-0.83-0.780.83
0.870.760.1-0.50.60.280.660.640.790.040.530.610.360.610.220.160.080.49-0.430.09-0.340.260.4
0.410.090.73-0.960.910.930.260.920.590.780.530.510.860.950.89-0.210.830.85-0.88-0.61-0.85-0.430.94
0.830.690.37-0.580.650.350.910.760.450.330.610.510.220.70.390.230.280.53-0.44-0.28-0.46-0.020.31
0.22-0.080.77-0.80.780.85-0.030.660.690.740.360.860.220.790.83-0.20.750.78-0.86-0.5-0.8-0.430.95
0.560.250.75-0.980.940.870.440.960.640.760.610.950.70.790.880.020.780.9-0.91-0.64-0.9-0.40.86
0.12-0.210.85-0.930.80.960.060.790.370.910.220.890.390.830.88-0.080.940.87-0.91-0.86-0.94-0.690.88
0.240.3-0.060.02-0.17-0.190.23-0.010.14-0.220.16-0.210.23-0.20.02-0.08-0.190.12-0.19-0.14-0.210.05-0.28
-0.05-0.380.83-0.870.760.95-0.080.70.180.940.080.830.280.750.780.94-0.190.68-0.83-0.9-0.88-0.830.86
0.440.160.66-0.890.760.780.30.840.610.670.490.850.530.780.90.870.120.68-0.88-0.62-0.86-0.330.75
-0.310.01-0.80.93-0.81-0.89-0.13-0.8-0.61-0.78-0.43-0.88-0.44-0.86-0.91-0.91-0.19-0.83-0.880.750.980.56-0.88
0.160.43-0.720.74-0.54-0.790.08-0.560.05-0.840.09-0.61-0.28-0.5-0.64-0.86-0.14-0.9-0.620.750.850.89-0.6
-0.240.08-0.820.94-0.79-0.9-0.12-0.8-0.48-0.83-0.34-0.85-0.46-0.8-0.9-0.94-0.21-0.88-0.860.980.850.65-0.84
0.40.63-0.590.53-0.39-0.680.3-0.290.17-0.780.26-0.43-0.02-0.43-0.4-0.690.05-0.83-0.330.560.890.65-0.54
0.22-0.10.79-0.890.880.940.030.760.590.830.40.940.310.950.860.88-0.280.860.75-0.88-0.6-0.84-0.54
Click cells to compare fundamentals

About 22nd Century Financial Statements

Investors use fundamental indicators, such as 22nd Century's Gross Profit, to determine how well the company is positioned to perform in the future. Although 22nd Century's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit-8.7 M-8.3 M
Gross Profit Margin(0.27)(0.26)

Currently Active Assets on Macroaxis

When determining whether 22nd Century Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 22nd Century'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 22nd Century Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 22nd Century Group Stock:
Check out the analysis of 22nd Century Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Tobacco 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 22nd Century. If investors know 22nd 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 22nd Century listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(17.11)
Revenue Per Share
1.461
Quarterly Revenue Growth
(0.61)
Return On Assets
(0.23)
Return On Equity
0.3628
The market value of 22nd Century Group is measured differently than its book value, which is the value of 22nd that is recorded on the company's balance sheet. Investors also form their own opinion of 22nd Century's value that differs from its market value or its book value, called intrinsic value, which is 22nd Century'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 22nd Century's market value can be influenced by many factors that don't directly affect 22nd Century'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 22nd Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if 22nd Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 22nd Century'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.