Sellas Gross Profit Margin vs Operating Profit Margin Analysis

SLS Stock  USD 1.04  0.05  4.59%   
Sellas Life financial indicator trend analysis is much more than just breaking down Sellas Life Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sellas Life Sciences is a good investment. Please check the relationship between Sellas Life Gross Profit Margin and its Operating Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sellas Life Sciences. 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 Margin vs Operating Profit Margin

Gross Profit Margin vs Operating Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sellas Life Sciences Gross Profit Margin account and Operating Profit Margin. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sellas Life's Gross Profit Margin and Operating Profit Margin is 0.49. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Operating Profit Margin in the same time period over historical financial statements of Sellas Life Sciences, assuming nothing else is changed. The correlation between historical values of Sellas Life's Gross Profit Margin and Operating 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 Sellas Life Sciences are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Gross Profit Margin i.e., Sellas Life's Gross Profit Margin and Operating Profit Margin go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit Margin

Operating Profit Margin

Most indicators from Sellas Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sellas Life Sciences 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 Sellas Life Sciences. 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.
At this time, Sellas Life's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 11.89 in 2024, whereas Discontinued Operations is likely to drop (11.8 M) in 2024.

Sellas Life fundamental ratios Correlations

0.66-0.60.820.81-0.530.630.920.610.81-0.1-0.5-0.170.88-0.10.85-0.340.440.86-0.10.810.590.650.880.450.05
0.66-0.490.590.6-0.470.430.6-0.060.11-0.12-0.23-0.260.58-0.050.55-0.160.030.19-0.120.490.340.260.480.320.71
-0.6-0.49-0.93-0.940.17-0.26-0.76-0.58-0.41-0.280.150.28-0.280.07-0.310.17-0.08-0.45-0.28-0.280.15-0.29-0.540.3-0.28
0.820.59-0.931.0-0.30.440.920.680.620.2-0.32-0.230.52-0.130.52-0.270.170.660.20.490.210.380.70.030.18
0.810.6-0.941.0-0.30.430.920.680.610.18-0.31-0.220.51-0.140.52-0.260.160.650.180.490.20.370.70.020.2
-0.53-0.470.17-0.3-0.30.1-0.4-0.14-0.250.64-0.280.11-0.59-0.17-0.53-0.25-0.25-0.330.64-0.39-0.35-0.3-0.64-0.320.06
0.630.43-0.260.440.430.10.620.340.590.2-0.97-0.30.51-0.280.72-0.570.310.550.20.780.560.580.310.540.23
0.920.6-0.760.920.92-0.40.620.660.780.02-0.5-0.210.64-0.180.73-0.330.450.790.020.70.460.60.710.350.08
0.61-0.06-0.580.680.68-0.140.340.660.830.16-0.36-0.210.43-0.070.47-0.180.180.830.160.480.260.330.640.03-0.43
0.810.11-0.410.620.61-0.250.590.780.830.01-0.59-0.060.67-0.170.71-0.350.590.980.010.720.550.690.710.4-0.43
-0.1-0.12-0.280.20.180.640.20.020.160.01-0.23-0.03-0.23-0.07-0.36-0.25-0.18-0.051.0-0.31-0.23-0.06-0.23-0.330.07
-0.5-0.230.15-0.32-0.31-0.28-0.97-0.5-0.36-0.59-0.230.29-0.390.31-0.630.56-0.3-0.54-0.23-0.73-0.51-0.54-0.19-0.49-0.12
-0.17-0.260.28-0.23-0.220.11-0.3-0.21-0.21-0.06-0.030.29-0.08-0.08-0.41-0.360.19-0.07-0.03-0.420.03-0.18-0.060.06-0.42
0.880.58-0.280.520.51-0.590.510.640.430.67-0.23-0.39-0.080.030.81-0.280.330.76-0.230.770.620.580.890.480.01
-0.1-0.050.07-0.13-0.14-0.17-0.28-0.18-0.07-0.17-0.070.31-0.080.03-0.060.14-0.12-0.11-0.07-0.09-0.17-0.210.11-0.13-0.06
0.850.55-0.310.520.52-0.530.720.730.470.71-0.36-0.63-0.410.81-0.06-0.20.410.74-0.360.990.630.670.710.580.1
-0.34-0.160.17-0.27-0.26-0.25-0.57-0.33-0.18-0.35-0.250.56-0.36-0.280.14-0.2-0.21-0.35-0.25-0.24-0.28-0.3-0.22-0.240.05
0.440.03-0.080.170.16-0.250.310.450.180.59-0.18-0.30.190.33-0.120.41-0.210.54-0.180.40.20.820.270.3-0.35
0.860.19-0.450.660.65-0.330.550.790.830.98-0.05-0.54-0.070.76-0.110.74-0.350.54-0.050.750.530.670.810.37-0.38
-0.1-0.12-0.280.20.180.640.20.020.160.011.0-0.23-0.03-0.23-0.07-0.36-0.25-0.18-0.05-0.31-0.23-0.06-0.23-0.330.07
0.810.49-0.280.490.49-0.390.780.70.480.72-0.31-0.73-0.420.77-0.090.99-0.240.40.75-0.310.620.670.660.570.1
0.590.340.150.210.2-0.350.560.460.260.55-0.23-0.510.030.62-0.170.63-0.280.20.53-0.230.620.230.40.95-0.17
0.650.26-0.290.380.37-0.30.580.60.330.69-0.06-0.54-0.180.58-0.210.67-0.30.820.67-0.060.670.230.50.23-0.11
0.880.48-0.540.70.7-0.640.310.710.640.71-0.23-0.19-0.060.890.110.71-0.220.270.81-0.230.660.40.50.2-0.11
0.450.320.30.030.02-0.320.540.350.030.4-0.33-0.490.060.48-0.130.58-0.240.30.37-0.330.570.950.230.2-0.11
0.050.71-0.280.180.20.060.230.08-0.43-0.430.07-0.12-0.420.01-0.060.10.05-0.35-0.380.070.1-0.17-0.11-0.11-0.11
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Sellas Life Account Relationship Matchups

Sellas Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.6M46.0M26.3M20.9M6.2M5.9M
Total Stockholder Equity6.1M28.0M20.3M4.9M(8.0M)(7.6M)
Net Debt(7.1M)(34.3M)(20.5M)(16.2M)(1.6M)(1.7M)
Cash7.3M35.3M21.4M17.1M2.5M2.4M
Cash And Short Term Investments7.3M35.3M21.4M17.1M2.5M2.4M
Common Stock Shares Outstanding2.6M8.0M15.5M19.4M27.8M29.2M
Liabilities And Stockholders Equity16.6M46.0M26.3M20.9M6.2M5.9M
Other Stockholder Equity107.2M145.9M158.9M184.8M209.3M145.3M
Total Current Assets8.2M36.9M23.0M17.8M3.2M3.0M
Other Current Liab1.2M1.7M2.4M11.4M7.7M6.4M
Total Current Liabilities5.3M12.3M5.0M15.5M13.7M19.4M
Retained Earnings(101.1M)(117.9M)(138.6M)(179.9M)(217.2M)(206.4M)
Accounts Payable3.9M4.7M2.1M3.4M5.6M3.3M
Non Current Assets Total8.4M9.1M3.2M3.2M3.0M2.9M
Non Currrent Assets Other536K614K594K399K275K261.3K
Other Current Assets84K1.6M1.7M631K642K609.9K
Total Liab10.5M18.1M5.9M16.1M14.2M25.9M
Non Current Liabilities Total5.2M5.8M946K577K460K437K
Net Tangible Assets4.2M20.3M18.4M2.9M3.4M3.2M
Retained Earnings Total Equity(54.2M)(81.9M)(101.1M)(117.9M)(106.1M)(111.4M)
Capital Surpluse56.3M87.1M107.2M145.9M131.3M135.0M
Non Current Liabilities Other5.3M5.0M4.6M296K266.4K253.1K
Other Assets536K7.2M594K399K1.00.95
Deferred Long Term Liab1.7M357K262K239K215.1K204.3K

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