GKOS Stock | | | USD 142.69 1.96 1.39% |
Glaukos Corp financial indicator trend analysis is much more than just examining Glaukos Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glaukos Corp is a good investment. Please check the relationship between Glaukos Corp Gross Profit Margin and its Net Profit Margin accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Glaukos Stock please use our
How to Invest in Glaukos Corp guide.
Gross Profit Margin vs Net Profit Margin
Gross Profit Margin vs Net Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Glaukos Corp Gross Profit Margin account and
Net Profit Margin. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Glaukos Corp's Gross Profit Margin and Net Profit Margin is 0.93. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Net Profit Margin in the same time period over historical financial statements of Glaukos Corp, assuming nothing else is changed. The correlation between historical values of Glaukos Corp's Gross Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Glaukos Corp are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Gross Profit Margin i.e., Glaukos Corp's Gross Profit Margin and Net Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit Margin
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.
Most indicators from Glaukos Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glaukos Corp 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Glaukos Stock please use our
How to Invest in Glaukos Corp guide.At this time, Glaukos Corp's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 1.01 in 2024, whereas
Selling General Administrative is likely to drop slightly above 120.3
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 227.4M | 213.9M | 239.1M | 139.0M | Total Revenue | 294.0M | 282.9M | 314.7M | 178.7M |
Glaukos Corp fundamental ratios Correlations
Click cells to compare fundamentals
Glaukos Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Glaukos Corp fundamental ratios Accounts
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Additional Tools for Glaukos Stock Analysis
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measure Glaukos Corp'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 Glaukos Corp is operating at the current time. Most of Glaukos Corp's value examination focuses on studying past and present price action to
predict the probability of Glaukos Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glaukos Corp's price. Additionally, you may evaluate how the addition of Glaukos Corp to your portfolios can decrease your overall portfolio volatility.