Above Gross Profit from 2010 to 2024

ABVEW Stock   0.02  0.01  24.73%   
Above Food Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Above Food Ingredients makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
-5.9 M
Current Value
-5.6 M
Quarterly Volatility
5.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Above Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Above Food's main balance sheet or income statement drivers, such as Other Operating Expenses of 431 M, Total Operating Expenses of 38 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 8.8 K. Above financial statements analysis is a perfect complement when working with Above Food Valuation or Volatility modules.
  
Check out the analysis of Above Food Correlation against competitors.

Latest Above Food's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Above Food Ingredients over the last few years. Gross profit is a required income statement account that reflects total revenue of Above Food Ingredients minus its cost of goods sold. It is profit before Above Food operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Above Food's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Above Food's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Above Gross Profit Regression Statistics

Arithmetic Mean5,477,953
Coefficient Of Variation93.72
Mean Deviation3,895,474
Median7,912,624
Standard Deviation5,134,139
Sample Variance26.4T
Range13.8M
R-Value(0.70)
Mean Square Error14.7T
R-Squared0.48
Significance0
Slope(798,016)
Total Sum of Squares369T

Above Gross Profit History

2024-5.6 M
2023-5.9 M
2022-1.3 M

Other Fundumenentals of Above Food Ingredients

Above Food Gross Profit component correlations

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0.510.090.36-0.39-0.390.130.96-0.35-0.310.340.250.20.38-0.13-0.28-0.320.35-0.220.37
0.890.09-0.890.880.880.750.360.770.73-0.8-0.49-0.51-0.840.360.660.75-0.810.56-0.83
-0.620.36-0.89-1.0-1.0-0.710.08-0.92-0.870.940.490.640.97-0.47-0.8-0.860.94-0.690.93
0.58-0.390.88-1.01.00.67-0.120.890.86-0.93-0.52-0.62-0.960.450.780.87-0.940.67-0.95
0.58-0.390.88-1.01.00.67-0.120.890.85-0.93-0.52-0.62-0.960.450.780.87-0.930.67-0.95
0.760.130.75-0.710.670.670.350.80.9-0.850.18-0.89-0.690.820.910.78-0.850.91-0.58
0.730.960.360.08-0.12-0.120.35-0.09-0.070.090.120.020.120.0-0.05-0.080.09-0.030.11
0.58-0.350.77-0.920.890.890.8-0.090.93-0.92-0.23-0.75-0.970.560.880.76-0.940.8-0.73
0.54-0.310.73-0.870.860.850.9-0.070.93-0.98-0.01-0.93-0.860.810.990.91-0.980.95-0.77
-0.560.34-0.80.94-0.93-0.93-0.850.09-0.92-0.980.160.870.9-0.75-0.96-0.951.0-0.90.87
-0.240.25-0.490.49-0.52-0.520.180.12-0.23-0.010.16-0.350.470.50.12-0.130.180.290.52
-0.40.2-0.510.64-0.62-0.62-0.890.02-0.75-0.930.87-0.350.61-0.97-0.97-0.850.86-1.00.58
-0.590.38-0.840.97-0.96-0.96-0.690.12-0.97-0.860.90.470.61-0.4-0.78-0.760.91-0.670.83
0.29-0.130.36-0.470.450.450.820.00.560.81-0.750.5-0.97-0.40.880.79-0.730.94-0.47
0.5-0.280.66-0.80.780.780.91-0.050.880.99-0.960.12-0.97-0.780.880.9-0.950.99-0.71
0.49-0.320.75-0.860.870.870.78-0.080.760.91-0.95-0.13-0.85-0.760.790.9-0.940.86-0.91
-0.570.35-0.810.94-0.94-0.93-0.850.09-0.94-0.981.00.180.860.91-0.73-0.95-0.94-0.890.87
0.44-0.220.56-0.690.670.670.91-0.030.80.95-0.90.29-1.0-0.670.940.990.86-0.89-0.61
-0.510.37-0.830.93-0.95-0.95-0.580.11-0.73-0.770.870.520.580.83-0.47-0.71-0.910.87-0.61
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About Above Food Financial Statements

Above Food investors use historical fundamental indicators, such as Above Food's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Above Food. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-5.9 M-5.6 M
Gross Profit Margin(0.02)(0.02)

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Additional Tools for Above Stock Analysis

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