AMAT Stock | | | USD 174.71 3.39 1.98% |
Applied Materials financial indicator trend analysis is way more than just evaluating Applied Materials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied Materials is a good investment. Please check the relationship between Applied Materials Gross Profit and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Materials. 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.
For more information on how to buy Applied Stock please use our
How to Invest in Applied Materials guide.
Gross Profit vs Other Operating Expenses
Gross Profit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Applied Materials Gross Profit account and
Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Applied Materials' Gross Profit and Other Operating Expenses is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Applied Materials, assuming nothing else is changed. The correlation between historical values of Applied Materials' Gross Profit and Other Operating Expenses 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 Applied Materials are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., Applied Materials' Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Applied Materials minus its cost of goods sold. It is profit before Applied Materials 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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Applied Materials. It is also known as Applied Materials overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Applied Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied Materials 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 Applied Materials. 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.
For more information on how to buy Applied Stock please use our
How to Invest in Applied Materials guide.
Enterprise Value is likely to gain to about 120.4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 525.3
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 12.0B | 12.4B | 12.9B | 13.5B | Total Revenue | 25.8B | 26.5B | 27.2B | 28.5B |
Applied Materials fundamental ratios Correlations
Click cells to compare fundamentals
Applied Materials Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Applied Materials fundamental ratios Accounts
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Additional Tools for Applied Stock Analysis
When running Applied Materials' price analysis, check to
measure Applied Materials' 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 Applied Materials is operating at the current time. Most of Applied Materials' value examination focuses on studying past and present price action to
predict the probability of Applied Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Materials' price. Additionally, you may evaluate how the addition of Applied Materials to your portfolios can decrease your overall portfolio volatility.