American Gross Profit vs Cost Of Revenue Analysis

AOUT Stock  USD 9.75  0.05  0.52%   
American Outdoor financial indicator trend analysis is way more than just evaluating American Outdoor Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Outdoor Brands is a good investment. Please check the relationship between American Outdoor Gross Profit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Outdoor Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Outdoor Brands Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between American Outdoor's Gross Profit and Cost Of Revenue is 0.97. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of American Outdoor Brands, assuming nothing else is changed. The correlation between historical values of American Outdoor's Gross Profit and Cost Of 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 Gross Profit of American Outdoor Brands are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., American Outdoor's Gross Profit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

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

Cost Of Revenue

Cost of Revenue is found on American Outdoor Brands income statement and represents the costs associated with goods and services American Outdoor provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from American Outdoor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Outdoor Brands 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 American Outdoor Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, American Outdoor's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 30.98 in 2024, whereas Tax Provision is likely to drop (73.5 K) in 2024.
 2021 2023 2024 (projected)
Depreciation And Amortization17.0M16.1M16.2M
Interest Income39K35.1K33.3K

American Outdoor fundamental ratios Correlations

0.650.44-0.320.590.43-0.39-0.43-0.22-0.37-0.240.49-0.380.2-0.240.430.54-0.34-0.42-0.37-0.28-0.360.61-0.46-0.38-0.72
0.650.41-0.460.980.89-0.71-0.7-0.41-0.56-0.420.93-0.630.1-0.42-0.090.92-0.59-0.72-0.69-0.37-0.60.98-0.7-0.68-0.84
0.440.410.420.330.060.130.05-0.880.250.450.220.280.80.450.560.24-0.22-0.41-0.120.05-0.040.30.080.02-0.5
-0.32-0.460.42-0.59-0.760.90.86-0.320.970.97-0.690.970.750.970.47-0.710.690.580.790.730.83-0.590.80.890.49
0.590.980.33-0.590.94-0.83-0.83-0.39-0.7-0.560.98-0.75-0.02-0.56-0.140.98-0.75-0.83-0.82-0.54-0.751.0-0.81-0.81-0.89
0.430.890.06-0.760.94-0.9-0.84-0.13-0.81-0.740.97-0.86-0.34-0.74-0.460.97-0.72-0.77-0.86-0.55-0.780.93-0.78-0.89-0.72
-0.39-0.710.130.9-0.83-0.90.98-0.020.960.91-0.90.960.50.910.34-0.910.850.810.940.830.92-0.830.930.970.75
-0.43-0.70.050.86-0.83-0.840.980.070.940.86-0.880.930.40.860.18-0.890.890.840.930.880.94-0.820.970.950.82
-0.22-0.41-0.88-0.32-0.39-0.13-0.020.07-0.14-0.4-0.29-0.13-0.77-0.4-0.43-0.30.380.520.190.020.19-0.340.080.070.51
-0.37-0.560.250.97-0.7-0.810.960.94-0.140.95-0.790.980.630.950.36-0.810.830.740.890.840.93-0.690.880.960.65
-0.24-0.420.450.97-0.56-0.740.910.86-0.40.95-0.670.920.81.00.5-0.690.670.560.810.790.81-0.560.780.880.46
0.490.930.22-0.690.980.97-0.9-0.88-0.29-0.79-0.67-0.82-0.18-0.67-0.271.0-0.8-0.86-0.89-0.63-0.820.97-0.84-0.89-0.85
-0.38-0.630.280.97-0.75-0.860.960.93-0.130.980.92-0.820.590.920.41-0.830.770.70.840.740.89-0.750.90.920.64
0.20.10.80.75-0.02-0.340.50.4-0.770.630.8-0.180.590.80.73-0.180.20.050.380.410.39-0.030.290.5-0.15
-0.24-0.420.450.97-0.56-0.740.910.86-0.40.951.0-0.670.920.80.5-0.690.670.560.810.790.81-0.560.780.880.46
0.43-0.090.560.47-0.14-0.460.340.18-0.430.360.5-0.270.410.730.5-0.230.060.020.270.010.19-0.140.070.35-0.26
0.540.920.24-0.710.980.97-0.91-0.89-0.3-0.81-0.691.0-0.83-0.18-0.69-0.23-0.82-0.88-0.91-0.65-0.850.97-0.84-0.9-0.87
-0.34-0.59-0.220.69-0.75-0.720.850.890.380.830.67-0.80.770.20.670.06-0.820.970.930.880.98-0.70.820.910.83
-0.42-0.72-0.410.58-0.83-0.770.810.840.520.740.56-0.860.70.050.560.02-0.880.970.930.790.92-0.790.770.870.89
-0.37-0.69-0.120.79-0.82-0.860.940.930.190.890.81-0.890.840.380.810.27-0.910.930.930.870.96-0.790.820.980.8
-0.28-0.370.050.73-0.54-0.550.830.880.020.840.79-0.630.740.410.790.01-0.650.880.790.870.9-0.510.810.850.7
-0.36-0.6-0.040.83-0.75-0.780.920.940.190.930.81-0.820.890.390.810.19-0.850.980.920.960.9-0.710.870.960.79
0.610.980.3-0.591.00.93-0.83-0.82-0.34-0.69-0.560.97-0.75-0.03-0.56-0.140.97-0.7-0.79-0.79-0.51-0.71-0.81-0.78-0.87
-0.46-0.70.080.8-0.81-0.780.930.970.080.880.78-0.840.90.290.780.07-0.840.820.770.820.810.87-0.810.850.82
-0.38-0.680.020.89-0.81-0.890.970.950.070.960.88-0.890.920.50.880.35-0.90.910.870.980.850.96-0.780.850.75
-0.72-0.84-0.50.49-0.89-0.720.750.820.510.650.46-0.850.64-0.150.46-0.26-0.870.830.890.80.70.79-0.870.820.75
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American Outdoor Account Relationship Matchups

American Outdoor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets248.4M341.3M277.8M243.6M240.6M227.5M
Other Current Liab11.1M15.7M9.1M9.3M12.2M9.2M
Total Current Liabilities21.4M36.3M27.0M23.0M29.4M28.8M
Total Stockholder Equity224.1M279.9M203.0M191.9M177.9M186.9M
Other Liab106K236K31K34K30.6K29.1K
Net Tangible Assets90.6M161.9M139.8M139.8M160.8M133.3M
Property Plant And Equipment Net12.4M36.4M34.5M33.7M44.6M31.9M
Net Debt3.9M(34.3M)30.1M7.6M4.9M5.2M
Accounts Payable8.9M16.0M13.6M11.5M14.2M13.4M
Cash234K60.8M19.5M22.0M29.7M24.3M
Non Current Assets Total146.2M161.4M98.0M86.0M85.2M112.1M
Non Currrent Assets Other242K424K336K260K404K339.7K
Other Assets242K7.1M336K260K299K284.1K
Cash And Short Term Investments234K60.8M19.5M22.0M29.7M24.3M
Net Receivables35.2M37.5M30.1M28.1M26.0M24.5M
Liabilities And Stockholders Equity248.4M341.3M277.8M243.6M240.6M227.5M
Non Current Liabilities Total2.9M25.0M47.8M28.7M33.3M27.1M
Capital Lease Obligations4.2M26.6M24.9M25.0M34.6M21.1M
Inventory60.0M74.3M121.7M99.7M93.3M93.5M
Other Current Assets3.2M7.2M8.5M7.8M6.4M6.6M
Other Stockholder Equity(224.1M)265.4M253.4M254.2M252.5M148.6M
Total Liab24.3M61.4M74.8M51.7M62.7M55.9M
Net Invested Capital224.1M279.9M227.7M196.5M177.9M190.8M
Property Plant And Equipment Gross12.4M36.4M34.5M33.7M62.2M35.2M
Total Current Assets102.3M179.8M179.8M157.6M155.4M158.8M
Non Current Liabilities Other106K236K23.1M24.1M27.7M29.1M
Net Working Capital80.9M143.5M152.8M134.6M126.0M129.9M
Intangible Assets69.2M53.6M63.2M52.0M40.2M48.8M
Property Plant Equipment12.4M36.4M10.6M9.5M8.5M13.0M

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