INKON Gross Profit vs Selling General Administrative Analysis

300143 Stock   10.20  0.17  1.69%   
INKON Life financial indicator trend analysis is infinitely more than just investigating INKON Life Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether INKON Life Technology is a good investment. Please check the relationship between INKON Life Gross Profit and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in INKON Life Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Gross Profit vs Selling General Administrative

Gross Profit vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of INKON Life Technology Gross Profit account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between INKON Life's Gross Profit and Selling General Administrative is -0.02. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of INKON Life Technology, assuming nothing else is changed. The correlation between historical values of INKON Life's Gross Profit and Selling General Administrative 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 INKON Life Technology are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Gross Profit i.e., INKON Life's Gross Profit and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of INKON Life Technology minus its cost of goods sold. It is profit before INKON Life 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.

Selling General Administrative

Most indicators from INKON Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into INKON Life Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in INKON Life Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 3, 2024, Selling General Administrative is expected to decline to about 52.6 M. In addition to that, Tax Provision is expected to decline to about 31.8 M
 2021 2022 2023 2024 (projected)
Operating Income76.5M119.4M166.4M174.7M
Total Revenue1.1B1.2B1.5B1.5B

INKON Life fundamental ratios Correlations

0.510.410.950.14-0.410.330.560.690.530.70.380.290.450.620.69-0.490.410.380.840.87-0.410.58-0.850.66-0.71
0.510.070.54-0.07-0.02-0.040.540.30.210.13-0.210.20.01-0.030.21-0.250.360.240.320.36-0.160.42-0.370.29-0.25
0.410.070.20.2-0.940.90.550.38-0.30.830.870.060.950.840.81-0.170.4-0.430.620.560.050.55-0.55-0.02-0.57
0.950.540.20.1-0.180.110.470.580.620.560.210.360.210.470.53-0.530.40.510.730.78-0.490.53-0.790.68-0.6
0.14-0.070.20.1-0.110.19-0.01-0.04-0.260.120.22-0.230.180.240.050.5-0.08-0.12-0.17-0.210.3-0.180.25-0.110.08
-0.41-0.02-0.94-0.18-0.11-0.9-0.6-0.520.32-0.85-0.890.08-0.9-0.82-0.840.22-0.360.45-0.69-0.610.03-0.510.55-0.010.67
0.33-0.040.90.110.19-0.90.510.5-0.30.710.82-0.180.890.70.790.080.34-0.390.60.480.130.43-0.420.01-0.6
0.560.540.550.47-0.01-0.60.510.62-0.230.580.48-0.010.420.440.67-0.30.6-0.210.660.60.010.65-0.530.17-0.58
0.690.30.380.58-0.04-0.520.50.620.180.540.38-0.340.470.470.76-0.310.110.320.820.78-0.090.24-0.620.72-0.93
0.530.21-0.30.62-0.260.32-0.3-0.230.180.01-0.270.44-0.170.0-0.02-0.37-0.030.750.290.42-0.580.09-0.480.63-0.18
0.70.130.830.560.12-0.850.710.580.540.010.780.230.80.880.9-0.490.5-0.210.850.8-0.210.7-0.80.19-0.71
0.38-0.210.870.210.22-0.890.820.480.38-0.270.780.020.810.850.73-0.150.38-0.410.590.53-0.180.48-0.51-0.01-0.55
0.290.20.060.36-0.230.08-0.18-0.01-0.340.440.230.02-0.050.07-0.06-0.390.58-0.090.160.26-0.430.65-0.46-0.180.24
0.450.010.950.210.18-0.90.890.420.47-0.170.80.81-0.050.840.86-0.140.19-0.250.660.60.040.4-0.550.15-0.66
0.62-0.030.840.470.24-0.820.70.440.470.00.880.850.070.840.82-0.450.29-0.090.720.7-0.170.45-0.670.3-0.69
0.690.210.810.530.05-0.840.790.670.76-0.020.90.73-0.060.860.82-0.390.31-0.030.90.83-0.120.54-0.760.42-0.89
-0.49-0.25-0.17-0.530.50.220.08-0.3-0.31-0.37-0.49-0.15-0.39-0.14-0.45-0.39-0.29-0.26-0.6-0.660.44-0.460.7-0.420.47
0.410.360.40.4-0.08-0.360.340.60.11-0.030.50.380.580.190.290.31-0.29-0.390.450.4-0.130.93-0.49-0.22-0.11
0.380.24-0.430.51-0.120.45-0.39-0.210.320.75-0.21-0.41-0.09-0.25-0.09-0.03-0.26-0.390.150.25-0.32-0.31-0.210.86-0.29
0.840.320.620.73-0.17-0.690.60.660.820.290.850.590.160.660.720.9-0.60.450.150.97-0.320.67-0.930.57-0.9
0.870.360.560.78-0.21-0.610.480.60.780.420.80.530.260.60.70.83-0.660.40.250.97-0.430.64-0.970.63-0.87
-0.41-0.160.05-0.490.30.030.130.01-0.09-0.58-0.21-0.18-0.430.04-0.17-0.120.44-0.13-0.32-0.32-0.43-0.270.52-0.290.23
0.580.420.550.53-0.18-0.510.430.650.240.090.70.480.650.40.450.54-0.460.93-0.310.670.64-0.27-0.73-0.06-0.32
-0.85-0.37-0.55-0.790.250.55-0.42-0.53-0.62-0.48-0.8-0.51-0.46-0.55-0.67-0.760.7-0.49-0.21-0.93-0.970.52-0.73-0.530.75
0.660.29-0.020.68-0.11-0.010.010.170.720.630.19-0.01-0.180.150.30.42-0.42-0.220.860.570.63-0.29-0.06-0.53-0.71
-0.71-0.25-0.57-0.60.080.67-0.6-0.58-0.93-0.18-0.71-0.550.24-0.66-0.69-0.890.47-0.11-0.29-0.9-0.870.23-0.320.75-0.71
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INKON Life Account Relationship Matchups

INKON Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.7B2.5B2.0B2.4B1.7B
Other Current Liab39.1M128.2M288.3M3.9M1.7M1.6M
Total Current Liabilities322.8M284.8M555.9M589.2M759.4M797.4M
Total Stockholder Equity1.3B2.2B1.8B1.3B1.4B1.3B
Other Liab18.4M16.8M19.0M19.3M22.2M21.4M
Retained Earnings(814.3M)(644.0M)(1.0B)(1.6B)(1.5B)(1.4B)
Accounts Payable80.8M120.9M107.2M147.8M169.4M177.9M
Cash96.6M483.6M661.6M433.2M480.5M252.3M
Other Assets98.1M124.1M101.5M93.1M107.0M54.4M
Net Receivables191.9M204.4M155.0M228.4M254.4M267.2M
Inventory30.5M37.7M38.7M106.5M87.8M92.2M
Other Current Assets26.5M22.2M25.9M6.2M58.1M51.2M
Total Liab589.7M410.1M667.6M710.5M971.4M1.0B
Intangible Assets106.4M98.0M100.5M198.8M240.1M252.1M
Common Stock288.4M546.8M545.9M642.2M738.5M775.4M
Property Plant Equipment197.0M182.4M268.4M288.4M259.6M258.8M
Net Tangible Assets18.1M70.4M1.0B651.9M749.6M578.1M
Good Will1.2B1.1B1.0B583.2M693.3M907.1M
Deferred Long Term Liab74.9M97.9M76.5M81.4M93.6M75.3M
Total Current Assets345.5M1.1B897.9M805.1M912.0M784.7M
Non Current Assets Total1.6B1.6B1.6B1.2B1.5B1.3B
Non Currrent Assets Other14.5M5.7M15.4M3.0M14.6M13.9M
Non Current Liabilities Total266.8M209.5M111.6M121.3M212.0M182.2M
Other Stockholder Equity1.1M1.7M460.8K(6.4K)(7.4K)(7.0K)
Net Invested Capital1.7B2.4B1.9B1.3B1.6B1.6B
Net Working Capital22.6M820.4M342.0M215.9M152.6M291.1M
Non Current Liabilities Other250M700K780K5.9M43.9M86.8M

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Other Information on Investing in INKON Stock

Balance Sheet is a snapshot of the financial position of INKON Life Technology at a specified time, usually calculated after every quarter, six months, or one year. INKON Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of INKON Life and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which INKON currently owns. An asset can also be divided into two categories, current and non-current.