Security Gross Profit vs Operating Income Analysis
SNFCA Stock | USD 11.80 0.25 2.07% |
Security National financial indicator trend analysis is much more than just breaking down Security National prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Security National is a good investment. Please check the relationship between Security National Gross Profit and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Security National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Security National Gross Profit account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Security National's Gross Profit and Operating Income is 0.49. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Security National Financial, assuming nothing else is changed. The correlation between historical values of Security National's Gross Profit and Operating Income 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 Security National Financial are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Security National's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Security National Financial minus its cost of goods sold. It is profit before Security National 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.Operating Income
Operating Income is the amount of profit realized from Security National 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 Security National Financial 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.Most indicators from Security National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Security National 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 Security National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Security National's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 4.26, whereas Selling General Administrative is forecasted to decline to about 75.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 470.7M | 390.3M | 318.5M | 174.7M | Interest Expense | 7.1M | 7.8M | 4.9M | 3.8M |
Security National fundamental ratios Correlations
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Security National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Security National fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.5B | 1.5B | 1.5B | 1.4B | 1.5B | |
Short Long Term Debt Total | 218.8M | 299.1M | 251.3M | 161.7M | 105.6M | 74.6M | |
Total Stockholder Equity | 196.7M | 264.0M | 299.8M | 292.8M | 312.9M | 328.5M | |
Net Debt | 89.8M | 191.6M | 119.9M | 40.8M | (21.4M) | (20.3M) | |
Retained Earnings | 101.3M | 153.7M | 184.5M | 202.2M | 207.0M | 217.3M | |
Other Assets | 399.1M | 745.4M | 752.2M | 939.9M | (37.5M) | (39.4M) | |
Common Stock Shares Outstanding | 21.6M | 22.3M | 23.1M | 21.9M | 23.8M | 20.3M | |
Liabilities And Stockholders Equity | 1.3B | 1.5B | 1.5B | 1.5B | 1.4B | 1.5B | |
Non Current Liabilities Total | 228.9M | 309.7M | 264.5M | 1.1B | 1.1B | 1.1B | |
Other Stockholder Equity | 44.5M | 48.5M | 56.1M | 60.4M | 66.8M | 70.1M | |
Total Liab | 1.1B | 1.3B | 1.2B | 1.2B | 1.1B | 1.2B | |
Property Plant And Equipment Net | 24.1M | 21.2M | 30.5M | 29.7M | 25.5M | 20.1M | |
Non Current Assets Total | 419.3M | 376.2M | 371.6M | 25.8M | 1.3B | 1.4B | |
Non Currrent Assets Other | (419.3M) | (376.2M) | (371.6M) | (382.7M) | 1.3B | 1.4B | |
Net Receivables | 25.0M | 26.5M | 33.2M | 43.6M | 30.2M | 26.2M | |
Property Plant And Equipment Gross | 18.0M | 16.9M | 24.1M | 12.5M | 14.3M | 18.7M | |
Total Current Assets | 516.0M | 427.3M | 423.8M | 495.4M | 129.8M | 123.3M | |
Intangible Assets | 28.4M | 45.5M | 65.0M | 16.1M | 6.5M | 6.1M | |
Other Current Liab | (12.6B) | (13.1B) | (202.5M) | (115.2M) | (24.4M) | (23.2M) | |
Total Current Liabilities | 6.3M | 10.2M | 11.4M | 52.3M | 94.3M | 89.6M | |
Accounts Payable | 5.1M | 8.9M | 10.2M | 5.4M | 2.9M | 3.0M | |
Cash | 127.8M | 106.2M | 131.4M | 120.9M | 126.9M | 133.3M | |
Cash And Short Term Investments | 491.0M | 400.9M | 390.6M | 466.8M | 129.8M | 100.2M | |
Common Stock Total Equity | 33.2M | 35.0M | 37.2M | 33.2M | 38.2M | 21.4M | |
Short Term Investments | 363.2M | 294.7M | 259.3M | 345.9M | 36.4M | 34.6M | |
Accumulated Other Comprehensive Income | 13.7M | 23.2M | 18.1M | (13.1M) | (6.9M) | (6.5M) | |
Common Stock | 37.2M | 38.6M | 41.0M | 43.3M | 46.0M | 24.3M | |
Other Current Assets | 246.7M | 151.3M | 156.1M | 159.8M | 152.4M | 160.1M | |
Other Liab | 891.3M | 938.3M | 961.3M | 966.6M | 1.1B | 1.2B | |
Long Term Debt | 217.6M | 296.5M | 250.0M | 161.7M | 97.8M | 80.0M | |
Inventory | (246.7M) | (151.3M) | (156.1M) | (174.8M) | (193.6M) | (183.9M) | |
Treasury Stock | (931.1K) | (206.4K) | (1.6M) | (1.8M) | (2.1M) | (2.2M) | |
Property Plant Equipment | 14.6M | 24.1M | 34.0M | 30.6M | 35.2M | 43.7M | |
Current Deferred Revenue | 12.6B | 13.1B | 14.5B | 16.2M | 18.2B | 9.4B | |
Net Tangible Assets | 193.2M | 259.2M | 290.9M | 284.3M | 326.9M | 174.3M | |
Retained Earnings Total Equity | 77.5M | 95.2M | 101.3M | 153.7M | 176.8M | 185.6M | |
Long Term Debt Total | 157.5M | 187.5M | 217.6M | 297.8M | 342.5M | 359.6M |
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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.When determining whether Security National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Security National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Security National Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Security National Financial Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Security National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Commercial & Residential Mortgage Finance 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 Security National. If investors know Security 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 Security National 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 0.111 | Earnings Share 1.2 | Revenue Per Share 13.85 | Quarterly Revenue Growth 0.023 | Return On Assets 0.0129 |
The market value of Security National is measured differently than its book value, which is the value of Security that is recorded on the company's balance sheet. Investors also form their own opinion of Security National's value that differs from its market value or its book value, called intrinsic value, which is Security National'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 Security National's market value can be influenced by many factors that don't directly affect Security National'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 Security National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Security National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Security National'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.