PSQ Stock | | | 1.95 0.01 0.51% |
Pacific Smiles financial indicator trend analysis is much more than just breaking down Pacific Smiles Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Smiles Group is a good investment. Please check the relationship between Pacific Smiles Depreciation And Amortization and its Gross Profit accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Smiles Group. 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.
Depreciation And Amortization vs Gross Profit
Depreciation And Amortization vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pacific Smiles Group Depreciation And Amortization account and
Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pacific Smiles' Depreciation And Amortization and Gross Profit is -0.42. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Pacific Smiles Group, assuming nothing else is changed. The correlation between historical values of Pacific Smiles' Depreciation And Amortization 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 Depreciation And Amortization of Pacific Smiles Group 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 Depreciation And Amortization i.e., Pacific Smiles' Depreciation And Amortization and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Pacific Smiles Group minus its cost of goods sold. It is profit before Pacific Smiles 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 Pacific Smiles' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Smiles Group 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 Pacific Smiles Group. 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.
Selling General Administrative is likely to gain to about 114.1
M in 2024, whereas
Tax Provision is likely to drop slightly above 2.5
M in 2024.
Pacific Smiles fundamental ratios Correlations
Click cells to compare fundamentals
Pacific Smiles Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Smiles fundamental ratios Accounts
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Additional Tools for Pacific Stock Analysis
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measure Pacific Smiles' 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 Pacific Smiles is operating at the current time. Most of Pacific Smiles' value examination focuses on studying past and present price action to
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