TCBPW Gross Profit vs Operating Income Analysis

TCBPW Stock  USD 0.02  0  24.67%   
TC BioPharm financial indicator trend analysis is much more than just breaking down TC BioPharm plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TC BioPharm plc is a good investment. Please check the relationship between TC BioPharm 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 TC BioPharm 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 american community survey.

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 TC BioPharm plc Gross Profit account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TC BioPharm's Gross Profit and Operating Income is -0.33. 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 TC BioPharm plc, assuming nothing else is changed. The correlation between historical values of TC BioPharm'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 TC BioPharm plc 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., TC BioPharm's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of TC BioPharm plc minus its cost of goods sold. It is profit before TC BioPharm 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 TC BioPharm plc 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 TC BioPharm plc 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 TC BioPharm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TC BioPharm 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TC BioPharm 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 american community survey.
Tax Provision is likely to drop to about (1.1 M) in 2024. Selling General Administrative is likely to drop to about 5.1 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization812.0K762.5K630.1K638.0K
Interest Income33.02.2K2.0K1.9K

TC BioPharm fundamental ratios Correlations

-0.44-0.34-0.350.470.290.05-0.490.23-0.380.290.28-0.460.290.60.330.20.14-0.60.460.02-0.260.410.010.620.18
-0.440.680.84-0.95-0.130.280.96-0.170.3-0.09-0.120.76-0.09-0.19-0.5-0.080.090.17-0.450.30.94-0.830.05-0.22-0.26
-0.340.680.9-0.54-0.67-0.170.45-0.650.540.61-0.660.940.61-0.68-0.61-0.67-0.530.66-0.710.640.54-0.33-0.350.3-0.69
-0.350.840.9-0.67-0.57-0.180.67-0.630.570.38-0.580.960.38-0.57-0.4-0.57-0.40.56-0.470.610.73-0.45-0.450.15-0.69
0.47-0.95-0.54-0.67-0.13-0.54-0.97-0.1-0.030.29-0.13-0.570.290.020.64-0.17-0.340.00.54-0.02-0.960.96-0.270.44-0.03
0.29-0.13-0.67-0.57-0.130.830.110.98-0.88-0.761.0-0.73-0.760.91-0.060.990.98-0.910.18-0.830.13-0.380.71-0.540.96
0.050.28-0.17-0.18-0.540.830.430.85-0.78-0.570.84-0.31-0.570.68-0.580.840.9-0.69-0.35-0.670.49-0.740.76-0.530.81
-0.490.960.450.67-0.970.110.430.060.13-0.380.110.56-0.38-0.01-0.440.160.320.0-0.350.050.94-0.910.21-0.47-0.02
0.23-0.17-0.65-0.63-0.10.980.850.06-0.88-0.730.99-0.74-0.730.87-0.140.990.95-0.880.09-0.840.06-0.370.79-0.540.99
-0.380.30.540.57-0.03-0.88-0.780.13-0.880.49-0.880.720.49-0.760.24-0.83-0.820.760.050.880.00.22-0.490.39-0.9
0.29-0.090.610.380.29-0.76-0.57-0.38-0.730.49-0.750.481.0-0.54-0.11-0.81-0.810.54-0.240.75-0.20.47-0.540.89-0.74
0.28-0.12-0.66-0.58-0.131.00.840.110.99-0.88-0.75-0.73-0.750.91-0.080.990.97-0.910.16-0.830.13-0.390.73-0.530.97
-0.460.760.940.96-0.57-0.73-0.310.56-0.740.720.48-0.730.48-0.72-0.39-0.71-0.570.71-0.510.720.58-0.33-0.430.22-0.79
0.29-0.090.610.380.29-0.76-0.57-0.38-0.730.491.0-0.750.48-0.54-0.11-0.81-0.810.54-0.240.75-0.20.47-0.540.89-0.74
0.6-0.19-0.68-0.570.020.910.68-0.010.87-0.76-0.540.91-0.72-0.540.150.890.85-1.00.41-0.580.06-0.20.64-0.180.81
0.33-0.5-0.61-0.40.64-0.06-0.58-0.44-0.140.24-0.11-0.08-0.39-0.110.15-0.06-0.18-0.120.960.13-0.540.66-0.290.21-0.13
0.2-0.08-0.67-0.57-0.170.990.840.160.99-0.83-0.810.99-0.71-0.810.89-0.060.98-0.890.18-0.820.14-0.430.77-0.590.96
0.140.09-0.53-0.4-0.340.980.90.320.95-0.82-0.810.97-0.57-0.810.85-0.180.98-0.850.06-0.80.33-0.570.71-0.630.92
-0.60.170.660.560.0-0.91-0.690.0-0.880.760.54-0.910.710.54-1.0-0.12-0.89-0.85-0.380.58-0.060.21-0.660.18-0.82
0.46-0.45-0.71-0.470.540.18-0.35-0.350.090.05-0.240.16-0.51-0.240.410.960.180.06-0.380.0-0.430.52-0.090.160.07
0.020.30.640.61-0.02-0.83-0.670.05-0.840.880.75-0.830.720.75-0.580.13-0.82-0.80.580.00.060.24-0.440.73-0.9
-0.260.940.540.73-0.960.130.490.940.060.0-0.20.130.58-0.20.06-0.540.140.33-0.06-0.430.06-0.90.11-0.3-0.03
0.41-0.83-0.33-0.450.96-0.38-0.74-0.91-0.370.220.47-0.39-0.330.47-0.20.66-0.43-0.570.210.520.24-0.9-0.470.58-0.31
0.010.05-0.35-0.45-0.270.710.760.210.79-0.49-0.540.73-0.43-0.540.64-0.290.770.71-0.66-0.09-0.440.11-0.47-0.380.75
0.62-0.220.30.150.44-0.54-0.53-0.47-0.540.390.89-0.530.220.89-0.180.21-0.59-0.630.180.160.73-0.30.58-0.38-0.58
0.18-0.26-0.69-0.69-0.030.960.81-0.020.99-0.9-0.740.97-0.79-0.740.81-0.130.960.92-0.820.07-0.9-0.03-0.310.75-0.58
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TC BioPharm Account Relationship Matchups

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When running TC BioPharm's price analysis, check to measure TC BioPharm's 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 TC BioPharm is operating at the current time. Most of TC BioPharm's value examination focuses on studying past and present price action to predict the probability of TC BioPharm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC BioPharm's price. Additionally, you may evaluate how the addition of TC BioPharm to your portfolios can decrease your overall portfolio volatility.