SIS Stock | | | 26.50 0.50 1.92% |
Science In financial indicator trend analysis is much more than just breaking down Science in Sport prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Science in Sport is a good investment. Please check the relationship between Science In Gross Profit and its Other Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Science in Sport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
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
Science in Sport Gross Profit account and
Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Science In's Gross Profit and Other Operating Expenses is 0.92. 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 Science in Sport, assuming nothing else is changed. The correlation between historical values of Science In'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 Science in Sport 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., Science In's Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Science in Sport minus its cost of goods sold. It is profit before Science In 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 Science in Sport. It is also known as Science In 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 Science In's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Science in Sport 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Science in Sport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 17.1
M, whereas
Tax Provision is projected to grow to (11.4
K).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 31.4M | 26.9M | 26.8M | 15.3M | Total Revenue | 62.5M | 63.8M | 62.7M | 31.6M |
Science In fundamental ratios Correlations
Click cells to compare fundamentals
Science In Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Science In fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Science Stock
Balance Sheet is a snapshot of the
financial position of Science in Sport at a specified time, usually calculated after every quarter, six months, or one year. Science In Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Science In and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Science currently owns. An asset can also be divided into two categories, current and non-current.