Sharetronic Ebit vs Total Revenue Analysis

300857 Stock   107.70  5.93  5.83%   
Sharetronic Data financial indicator trend analysis is much more than just breaking down Sharetronic Data Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sharetronic Data Tec is a good investment. Please check the relationship between Sharetronic Data Ebit and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sharetronic Data 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.

Ebit vs Total Revenue

Ebit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharetronic Data Tec Ebit account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sharetronic Data's Ebit and Total Revenue is 0.95. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Sharetronic Data Technology, assuming nothing else is changed. The correlation between historical values of Sharetronic Data's Ebit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Sharetronic Data Technology are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit i.e., Sharetronic Data's Ebit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Total Revenue

Total revenue comprises all receipts Sharetronic Data Tec generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Sharetronic Data's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sharetronic Data Tec 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 Sharetronic Data 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.
The current year's Tax Provision is expected to grow to about 32.1 M, whereas Selling General Administrative is forecasted to decline to about 29 M.
 2021 2022 2023 2024 (projected)
Gross Profit342.2M352.6M631.8M663.4M
Total Revenue3.0B3.1B4.7B2.4B

Sharetronic Data fundamental ratios Correlations

0.891.01.00.810.991.00.980.860.80.580.861.00.990.861.00.360.991.00.780.840.80.540.840.91.0
0.890.890.880.690.880.870.890.750.580.360.680.890.880.940.890.310.90.890.770.690.670.50.730.780.9
1.00.890.990.770.971.00.990.820.810.560.840.990.990.871.00.41.01.00.750.80.750.490.790.870.99
1.00.880.990.840.990.990.960.870.790.60.881.00.980.840.990.340.980.990.790.870.820.560.870.931.0
0.810.690.770.840.870.780.70.980.590.740.950.840.820.620.780.390.760.790.90.990.980.620.890.970.81
0.990.880.970.990.870.970.930.910.750.620.910.990.980.840.980.360.960.980.830.890.870.620.910.930.98
1.00.871.00.990.780.970.980.830.820.590.850.990.990.861.00.410.991.00.760.810.760.510.80.870.99
0.980.890.990.960.70.930.980.760.810.480.760.960.960.850.980.340.990.980.690.740.670.440.740.830.98
0.860.750.820.870.980.910.830.760.650.730.970.880.860.680.840.450.810.840.940.970.980.680.90.960.85
0.80.580.810.790.590.750.820.810.650.790.670.770.820.480.80.640.810.80.630.620.570.220.570.710.8
0.580.360.560.60.740.620.590.480.730.790.730.590.650.250.560.760.550.570.720.720.720.240.570.730.58
0.860.680.840.880.950.910.850.760.970.670.730.880.870.680.850.440.810.850.860.950.950.640.870.930.85
1.00.890.991.00.840.990.990.960.880.770.590.880.990.870.990.370.980.990.80.860.820.570.860.910.99
0.990.880.990.980.820.980.990.960.860.820.650.870.990.860.990.470.980.990.790.840.80.490.810.90.99
0.860.940.870.840.620.840.860.850.680.480.250.680.870.860.870.290.880.860.610.630.60.420.630.690.86
1.00.891.00.990.780.981.00.980.840.80.560.850.990.990.870.380.991.00.760.810.770.530.810.880.99
0.360.310.40.340.390.360.410.340.450.640.760.440.370.470.290.380.390.360.490.320.34-0.120.110.380.37
0.990.91.00.980.760.960.990.990.810.810.550.810.980.980.880.990.390.990.730.790.730.450.780.870.99
1.00.891.00.990.790.981.00.980.840.80.570.850.990.990.861.00.360.990.760.830.780.520.830.891.0
0.780.770.750.790.90.830.760.690.940.630.720.860.80.790.610.760.490.730.760.870.920.690.850.890.78
0.840.690.80.870.990.890.810.740.970.620.720.950.860.840.630.810.320.790.830.870.970.610.910.990.84
0.80.670.750.820.980.870.760.670.980.570.720.950.820.80.60.770.340.730.780.920.970.750.930.940.79
0.540.50.490.560.620.620.510.440.680.220.240.640.570.490.420.53-0.120.450.520.690.610.750.830.570.52
0.840.730.790.870.890.910.80.740.90.570.570.870.860.810.630.810.110.780.830.850.910.930.830.90.83
0.90.780.870.930.970.930.870.830.960.710.730.930.910.90.690.880.380.870.890.890.990.940.570.90.91
1.00.90.991.00.810.980.990.980.850.80.580.850.990.990.860.990.370.991.00.780.840.790.520.830.91
Click cells to compare fundamentals

Sharetronic Data Account Relationship Matchups

Sharetronic Data fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B2.0B2.5B2.8B5.1B5.4B
Other Current Liab32.6M40.8M20.5M70.4M81.0M85.0M
Total Current Liabilities427.3M781.0M1.1B1.3B2.6B2.7B
Total Stockholder Equity640.7M1.2B1.3B1.4B2.4B2.5B
Net Tangible Assets623.9M1.2B1.3B1.4B1.6B890.0M
Retained Earnings233.2M333.5M449.4M565.9M803.9M844.1M
Accounts Payable273.8M439.0M729.1M764.4M1.5B1.6B
Cash127.1M535.6M472.5M551.6M1.8B1.9B
Non Current Assets Total304.0M349.7M509.9M555.4M739.0M388.7M
Non Currrent Assets Other54K10.0M41.0M7.2M38.9M40.8M
Other Assets14.0M31.7M82.9M45.3M52.1M37.7M
Net Receivables460.5M484.7M715.8M684.6M914.1M601.1M
Non Current Liabilities Total147.1M46.4M78.4M91.0M100.4M66.8M
Inventory300.9M491.3M640.9M830.2M1.3B1.4B
Other Current Assets22.5M71.6M134.0M161.1M254.5M267.2M
Other Stockholder Equity(287.6K)(461.6K)(2.4M)5.7M6.6M6.9M
Total Liab574.4M827.4M1.2B1.4B2.7B2.8B
Deferred Long Term Liab2.2M2.6M15.7M12.6M14.5M8.4M
Short Long Term Debt85.1M279.9M320.6M410.0M858.5M901.5M
Total Current Assets911.0M1.7B2.0B2.3B4.4B4.6B
Intangible Assets16.8M16.7M21.7M23.4M27.0M17.0M
Property Plant Equipment273.2M301.4M401.9M412.6M474.5M263.1M
Other Liab119.4M36.9M44.5M53.5M61.5M50.8M
Net Invested Capital725.8M1.5B1.6B1.8B3.3B3.5B
Net Working Capital483.8M871.4M864.0M967.8M1.8B1.9B

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Other Information on Investing in Sharetronic Stock

Balance Sheet is a snapshot of the financial position of Sharetronic Data Tec at a specified time, usually calculated after every quarter, six months, or one year. Sharetronic Data Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sharetronic Data 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 Sharetronic currently owns. An asset can also be divided into two categories, current and non-current.