Skycity Entertainment Group Stock Gross Profit

SKC Stock   1.30  0.02  1.56%   
Skycity Entertainment Group fundamentals help investors to digest information that contributes to Skycity Entertainment's financial success or failures. It also enables traders to predict the movement of Skycity Stock. The fundamental analysis module provides a way to measure Skycity Entertainment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Skycity Entertainment stock.
Last ReportedProjected for Next Year
Gross Profit798.2 M454 M
Gross Profit is likely to drop to about 454 M in 2024.
  
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Skycity Entertainment Group Company Gross Profit Analysis

Skycity Entertainment's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Skycity Entertainment Gross Profit

    
  495.36 M  
Most of Skycity Entertainment's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Skycity Entertainment Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Skycity Entertainment Group reported 495.36 M of gross profit. This is 96.77% lower than that of the Hotels, Restaurants & Leisure sector and 68.82% lower than that of the Consumer Discretionary industry. The gross profit for all Australia stocks is 98.19% higher than that of the company.

Skycity Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skycity Entertainment's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skycity Entertainment could also be used in its relative valuation, which is a method of valuing Skycity Entertainment by comparing valuation metrics of similar companies.
Skycity Entertainment is currently under evaluation in gross profit category among its peers.

Skycity Fundamentals

About Skycity Entertainment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Skycity Entertainment Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skycity Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skycity Entertainment Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Skycity Stock Analysis

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