Newegg Operating Income vs Gross Profit Analysis
| NEGG Stock | USD 0.59 0.01 1.67% |
Newegg Commerce financial indicator trend analysis is infinitely more than just investigating Newegg Commerce recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newegg Commerce is a good investment. Please check the relationship between Newegg Commerce Operating Income and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.
Operating Income vs Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newegg Commerce Operating Income account and Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Newegg Commerce's Operating Income and Gross Profit is 0.05. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Newegg Commerce, assuming nothing else is changed. The correlation between historical values of Newegg Commerce's Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Newegg Commerce are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Newegg Commerce's Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.05 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Newegg Commerce operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Newegg Commerce is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Newegg Commerce minus its cost of goods sold. It is profit before Newegg Commerce operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Newegg Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newegg Commerce 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.The Newegg Commerce's current Enterprise Value is estimated to increase to about 3.6 B, while Selling General Administrative is projected to decrease to roughly 201.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 612K | 685K | 2.5M | 2.4M | Depreciation And Amortization | 11.1M | 11.0M | 13.4M | 14.1M |
Newegg Commerce fundamental ratios Correlations
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Newegg Commerce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Newegg Commerce fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.3M | 557.5M | 626.6M | 542.1M | 499.0M | 524.0M | |
| Short Long Term Debt Total | 1.2M | 56.4M | 107.2M | 96.8M | 90.6M | 95.1M | |
| Other Current Liab | 1.5M | 58.1M | 50.2M | 33.8M | 29.2M | 30.6M | |
| Total Current Liabilities | 3.2M | 388.1M | 356.3M | 309.8M | 296.5M | 311.4M | |
| Total Stockholder Equity | (1.3M) | 127.5M | 182.3M | 155.2M | 129.4M | 135.9M | |
| Property Plant And Equipment Net | 656.8K | 93.0M | 144.7M | 129.2M | 138.6M | 145.6M | |
| Net Debt | 1.2M | (100.3M) | 7.2M | (25.7M) | (11.9M) | (11.4M) | |
| Retained Earnings | (44.6M) | (50.5M) | (14.3M) | (71.7M) | (130.7M) | (124.2M) | |
| Accounts Payable | 226.2K | 241.5M | 220.8M | 207.1M | 206.6M | 216.9M | |
| Cash | 22.8K | 156.6M | 100.0M | 122.6M | 102.5M | 107.6M | |
| Non Current Assets Total | 656.8K | 128.9M | 187.6M | 151.3M | 169.8M | 178.3M | |
| Cash And Short Term Investments | 166.3K | 156.6M | 100.0M | 122.6M | 106.5M | 111.8M | |
| Net Receivables | 399.2K | 67.3M | 63.7M | 88.7M | 83.6M | 87.8M | |
| Common Stock Shares Outstanding | 106.1K | 385.0M | 432.3M | 373.1M | 378.6M | 397.5M | |
| Liabilities And Stockholders Equity | 2.3M | 557.5M | 626.6M | 542.1M | 499.0M | 524.0M | |
| Inventory | 1.1M | 182.1M | 245.1M | 156.0M | 136.2M | 143.0M | |
| Other Current Assets | 18.9K | 22.6M | 30.2M | 23.6M | 18.2M | 10.2M | |
| Other Stockholder Equity | (147.0M) | 167.0M | 182.4M | 217.6M | 251.6M | 264.2M | |
| Total Liab | 3.6M | 430.0M | 444.3M | 386.9M | 369.7M | 388.1M | |
| Property Plant And Equipment Gross | 656.8K | 75.7K | 234.4M | 129.2M | 221.6M | 232.7M | |
| Total Current Assets | 1.7M | 428.6M | 439.0M | 390.8M | 344.5M | 361.7M | |
| Accumulated Other Comprehensive Income | 2.4M | 3.1M | 6.1M | 1.1M | 194K | 184.3K | |
| Current Deferred Revenue | 267.4K | 47.4M | 39.8M | 31.0M | 25.6M | 24.3M | |
| Non Current Liabilities Total | 389.6K | 41.9M | 88.0M | 77.1M | 73.1M | 88.9M | |
| Short Term Debt | 1.2M | 15.3M | 21.1M | 20.6M | 21.3M | 20.3M | |
| Capital Surpluse | 39.2M | 40.6M | 40.8M | 48.0M | 55.2M | 45.3M | |
| Property Plant Equipment | 85.2M | 93.0M | 144.7M | 129.2M | 148.6M | 80.4M | |
| Other Liab | 741K | 749K | 1.8M | 863K | 776.7K | 923.5K | |
| Net Tangible Assets | (95.8M) | (60.3M) | 182.3M | 155.2M | 178.5M | 187.4M | |
| Other Assets | 7.5M | 11.2M | 25.6M | 10.8M | (15.2M) | (14.4M) |
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When determining whether Newegg Commerce is a strong investment it is important to analyze Newegg Commerce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newegg Commerce's future performance. For an informed investment choice regarding Newegg Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Computer & Electronics Retail 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 Newegg Commerce. If investors know Newegg 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 Newegg Commerce 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 (0.41) | Earnings Share (0.15) | Revenue Per Share 3.588 | Quarterly Revenue Growth (0.14) | Return On Assets (0.10) |
The market value of Newegg Commerce is measured differently than its book value, which is the value of Newegg that is recorded on the company's balance sheet. Investors also form their own opinion of Newegg Commerce's value that differs from its market value or its book value, called intrinsic value, which is Newegg Commerce'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 Newegg Commerce's market value can be influenced by many factors that don't directly affect Newegg Commerce'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 Newegg Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newegg Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newegg Commerce'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.