Advantage Gross Profit vs Net Income Analysis

ADVWW Stock  USD 0.03  0.0001  0.37%   
Advantage Solutions financial indicator trend analysis is way more than just evaluating Advantage Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advantage Solutions is a good investment. Please check the relationship between Advantage Solutions Gross Profit and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advantage Solutions Gross Profit account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Advantage Solutions' Gross Profit and Net Income is -0.39. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Advantage Solutions, assuming nothing else is changed. The correlation between historical values of Advantage Solutions' Gross Profit and Net 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 Advantage Solutions are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Advantage Solutions' Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Advantage Solutions financial statement analysis. It represents the amount of money remaining after all of Advantage Solutions operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Advantage Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advantage Solutions 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 Advantage Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.Enterprise Value is likely to climb to about 4.1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 214.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense137.9M104.5M165.8M143.2M
Depreciation And Amortization240.0M233.1M224.7M237.7M

Advantage Solutions fundamental ratios Correlations

0.72-0.65-0.450.6-0.03-0.090.720.89-0.45-0.090.96-0.62-0.14-0.510.96-0.650.82-0.49-0.89-0.660.86-0.54-0.50.210.79
0.72-0.58-0.31-0.040.41-0.050.990.57-0.290.080.65-0.410.04-0.240.61-0.780.83-0.5-0.79-0.610.9-0.16-0.250.350.52
-0.65-0.580.930.010.450.71-0.66-0.880.920.68-0.820.350.710.9-0.530.63-0.920.910.840.99-0.850.830.920.31-0.95
-0.45-0.310.930.080.70.9-0.41-0.790.980.85-0.670.260.860.97-0.330.4-0.760.90.680.93-0.650.870.980.59-0.89
0.6-0.040.010.08-0.110.31-0.070.420.030.230.51-0.510.19-0.130.73-0.070.070.1-0.240.040.11-0.3-0.070.280.27
-0.030.410.450.7-0.110.760.32-0.440.680.87-0.25-0.010.860.730.02-0.22-0.150.430.160.44-0.010.690.740.81-0.52
-0.09-0.050.710.90.310.76-0.15-0.510.880.87-0.330.120.850.840.040.13-0.480.790.380.72-0.350.680.850.77-0.63
0.720.99-0.66-0.41-0.070.32-0.150.62-0.38-0.040.69-0.4-0.07-0.330.6-0.790.88-0.57-0.83-0.690.93-0.24-0.350.250.59
0.890.57-0.88-0.790.42-0.44-0.510.62-0.78-0.510.97-0.55-0.55-0.830.81-0.570.89-0.75-0.92-0.870.86-0.8-0.83-0.190.97
-0.45-0.290.920.980.030.680.88-0.38-0.780.79-0.670.330.80.99-0.350.43-0.730.930.650.9-0.620.920.990.5-0.88
-0.090.080.680.850.230.870.87-0.04-0.510.79-0.33-0.091.00.770.040.0-0.430.620.370.69-0.30.650.820.84-0.64
0.960.65-0.82-0.670.51-0.25-0.330.690.97-0.67-0.33-0.61-0.37-0.730.91-0.660.89-0.67-0.91-0.820.88-0.74-0.720.00.92
-0.62-0.410.350.26-0.51-0.010.12-0.4-0.550.33-0.09-0.61-0.080.4-0.740.46-0.450.540.380.38-0.460.390.34-0.19-0.42
-0.140.040.710.860.190.860.85-0.07-0.550.81.0-0.37-0.080.78-0.010.03-0.470.620.410.72-0.340.670.840.82-0.68
-0.51-0.240.90.97-0.130.730.84-0.33-0.830.990.77-0.730.40.78-0.440.4-0.710.890.650.87-0.60.960.990.49-0.9
0.960.61-0.53-0.330.730.020.040.60.81-0.350.040.91-0.74-0.01-0.44-0.610.69-0.41-0.75-0.530.73-0.51-0.410.290.69
-0.65-0.780.630.4-0.07-0.220.13-0.79-0.570.430.0-0.660.460.030.4-0.61-0.740.580.670.61-0.760.40.39-0.32-0.56
0.820.83-0.92-0.760.07-0.15-0.480.880.89-0.73-0.430.89-0.45-0.47-0.710.69-0.74-0.8-0.95-0.940.99-0.63-0.74-0.090.9
-0.49-0.50.910.90.10.430.79-0.57-0.750.930.62-0.670.540.620.89-0.410.58-0.80.660.9-0.710.790.880.31-0.8
-0.89-0.790.840.68-0.240.160.38-0.83-0.920.650.37-0.910.380.410.65-0.750.67-0.950.660.85-0.960.60.670.02-0.89
-0.66-0.610.990.930.040.440.72-0.69-0.870.90.69-0.820.380.720.87-0.530.61-0.940.90.85-0.870.770.90.38-0.94
0.860.9-0.85-0.650.11-0.01-0.350.930.86-0.62-0.30.88-0.46-0.34-0.60.73-0.760.99-0.71-0.96-0.87-0.52-0.620.040.84
-0.54-0.160.830.87-0.30.690.68-0.24-0.80.920.65-0.740.390.670.96-0.510.4-0.630.790.60.77-0.520.930.31-0.86
-0.5-0.250.920.98-0.070.740.85-0.35-0.830.990.82-0.720.340.840.99-0.410.39-0.740.880.670.9-0.620.930.54-0.92
0.210.350.310.590.280.810.770.25-0.190.50.840.0-0.190.820.490.29-0.32-0.090.310.020.380.040.310.54-0.31
0.790.52-0.95-0.890.27-0.52-0.630.590.97-0.88-0.640.92-0.42-0.68-0.90.69-0.560.9-0.8-0.89-0.940.84-0.86-0.92-0.31
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Advantage Solutions Account Relationship Matchups

Advantage Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding56.3M223.2M318.2M318.7M323.7M254.6M

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