PBEE Stock | | | 149.00 3.50 2.30% |
Pensionbee Group financial indicator trend analysis is much more than just breaking down Pensionbee Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pensionbee Group PLC is a good investment. Please check the relationship between Pensionbee Group Gross Profit and its Other Operating Expenses accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pensionbee Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Gross Profit vs Other Operating Expenses
Gross Profit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pensionbee Group PLC Gross Profit account and
Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pensionbee Group's Gross Profit and Other Operating Expenses is 0.88. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Pensionbee Group PLC, assuming nothing else is changed. The correlation between historical values of Pensionbee Group's Gross Profit and Other Operating Expenses 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 of Pensionbee Group PLC are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., Pensionbee Group's Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Pensionbee Group PLC minus its cost of goods sold. It is profit before Pensionbee Group 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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Pensionbee Group PLC. It is also known as Pensionbee Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Pensionbee Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pensionbee Group PLC 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pensionbee Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about (157.5
K) in 2024.
Selling General Administrative is likely to drop to about 3.1
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 6.3M | 9.3M | 13.0M | 13.7M | Total Revenue | 12.8M | 17.7M | 23.8M | 12.0M |
Pensionbee Group fundamental ratios Correlations
Click cells to compare fundamentals
Pensionbee Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pensionbee Group fundamental ratios Accounts
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