BEST Gross Profit vs Operating Income Analysis

BEST Stock

USD 2.66 0.02 0.75%

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

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BEST Inc Gross Profit account and Operating Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between BEST's Gross Profit and Operating Income is 0.37. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of BEST Inc, assuming nothing else is changed. The correlation between historical values of BEST's Gross Profit and Operating 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 BEST Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., BEST's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Gross Profit

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

Operating Income

Operating Income is the amount of profit realized from BEST Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BEST Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from BEST's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BEST Inc 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 BEST Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Selling General Administrative is likely to gain to about 876.1 M in 2024, despite the fact that Discontinued Operations is likely to grow to (42 M).

	2021	2022	2023	2024 (projected)
Interest Expense	142.8M	89.1M	64.3M	78.3M
Depreciation And Amortization	191.4M	188.9M	189.2M	246.7M

Interest Expense Depreciation And Amortization

BEST fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.07	0.03	-0.01	0.06	-0.04	0.12	0.02	0.0	0.17	-0.12	0.23	0.06	0.46	-0.03	-0.38	-0.14	0.3	0.13	0.24	-0.1	-0.19	0.16	0.19	0.07	-0.12
Total Assets	0.07		0.89	0.75	0.98	0.78	0.9	0.44	0.92	0.8	0.78	-0.71	0.71	0.52	0.96	0.49	0.81	0.64	0.96	0.33	0.78	0.63	-0.42	0.44	0.86	0.81
Short Long Term Debt Total	0.03	0.89		0.76	0.88	0.68	0.73	0.43	0.96	0.58	0.94	-0.69	0.44	0.42	0.96	0.7	0.81	0.4	0.83	0.01	0.73	0.83	-0.35	0.05	0.86	0.74
Other Current Liab	-0.01	0.75	0.76		0.83	0.48	0.72	0.26	0.8	0.66	0.75	-0.51	0.18	0.21	0.79	0.55	0.62	0.23	0.63	0.1	0.51	0.49	-0.22	0.04	0.97	0.53
Total Current Liabilities	0.06	0.98	0.88	0.83		0.76	0.93	0.45	0.93	0.85	0.8	-0.66	0.67	0.41	0.96	0.45	0.8	0.52	0.94	0.36	0.74	0.59	-0.42	0.41	0.92	0.77
Total Stockholder Equity	-0.04	0.78	0.68	0.48	0.76		0.73	0.81	0.62	0.49	0.64	-0.73	0.68	0.27	0.73	0.51	0.86	0.53	0.86	0.19	0.94	0.61	-0.87	0.39	0.59	0.95
Other Liab	0.12	0.9	0.73	0.72	0.93	0.73		0.51	0.83	0.93	0.69	-0.44	0.77	0.35	0.86	0.23	0.65	0.57	0.85	0.64	0.65	0.33	-0.39	0.64	0.81	0.67
Net Tangible Assets	0.02	0.44	0.43	0.26	0.45	0.81	0.51		0.38	0.3	0.53	-0.29	0.41	-0.16	0.45	0.23	0.52	0.11	0.56	0.2	0.62	0.35	-0.88	0.21	0.35	0.63
Property Plant And Equipment Net	0.0	0.92	0.96	0.8	0.93	0.62	0.83	0.38		0.76	0.93	-0.58	0.53	0.34	0.99	0.54	0.73	0.36	0.83	0.22	0.63	0.69	-0.26	0.2	0.89	0.65
Current Deferred Revenue	0.17	0.8	0.58	0.66	0.85	0.49	0.93	0.3	0.76		0.55	-0.25	0.73	0.26	0.76	-0.03	0.45	0.42	0.74	0.74	0.4	0.15	-0.15	0.67	0.75	0.42
Net Debt	-0.12	0.78	0.94	0.75	0.8	0.64	0.69	0.53	0.93	0.55		-0.57	0.34	0.11	0.91	0.67	0.75	0.14	0.71	0.0	0.66	0.79	-0.39	-0.05	0.83	0.66
Retained Earnings	0.23	-0.71	-0.69	-0.51	-0.66	-0.73	-0.44	-0.29	-0.58	-0.25	-0.57		-0.43	-0.39	-0.67	-0.77	-0.92	-0.44	-0.72	0.28	-0.89	-0.85	0.58	-0.02	-0.59	-0.9
Accounts Payable	0.06	0.71	0.44	0.18	0.67	0.68	0.77	0.41	0.53	0.73	0.34	-0.43		0.41	0.6	0.0	0.55	0.66	0.78	0.67	0.62	0.21	-0.42	0.83	0.35	0.63
Cash	0.46	0.52	0.42	0.21	0.41	0.27	0.35	-0.16	0.34	0.26	0.11	-0.39	0.41		0.38	0.26	0.35	0.88	0.51	0.14	0.36	0.22	0.11	0.38	0.28	0.37
Non Current Assets Total	-0.03	0.96	0.96	0.79	0.96	0.73	0.86	0.45	0.99	0.76	0.91	-0.67	0.6	0.38		0.58	0.81	0.45	0.9	0.22	0.74	0.72	-0.38	0.26	0.89	0.76
Non Currrent Assets Other	-0.38	0.49	0.7	0.55	0.45	0.51	0.23	0.23	0.54	-0.03	0.67	-0.77	0.0	0.26	0.58		0.76	0.21	0.45	-0.54	0.68	0.84	-0.38	-0.37	0.54	0.68
Other Assets	-0.14	0.81	0.81	0.62	0.8	0.86	0.65	0.52	0.73	0.45	0.75	-0.92	0.55	0.35	0.81	0.76		0.44	0.85	-0.08	0.97	0.82	-0.67	0.13	0.73	0.96
Cash And Short Term Investments	0.3	0.64	0.4	0.23	0.52	0.53	0.57	0.11	0.36	0.42	0.14	-0.44	0.66	0.88	0.45	0.21	0.44		0.62	0.41	0.54	0.16	-0.17	0.68	0.31	0.56
Net Receivables	0.13	0.96	0.83	0.63	0.94	0.86	0.85	0.56	0.83	0.74	0.71	-0.72	0.78	0.51	0.9	0.45	0.85	0.62		0.32	0.84	0.62	-0.56	0.46	0.76	0.86
Good Will	0.24	0.33	0.01	0.1	0.36	0.19	0.64	0.2	0.22	0.74	0.0	0.28	0.67	0.14	0.22	-0.54	-0.08	0.41	0.32		0.0	-0.46	0.02	0.9	0.17	0.01
Common Stock Total Equity	-0.1	0.78	0.73	0.51	0.74	0.94	0.65	0.62	0.63	0.4	0.66	-0.89	0.62	0.36	0.74	0.68	0.97	0.54	0.84	0.0		0.75	-0.78	0.25	0.63	0.99
Long Term Debt Total	-0.19	0.63	0.83	0.49	0.59	0.61	0.33	0.35	0.69	0.15	0.79	-0.85	0.21	0.22	0.72	0.84	0.82	0.16	0.62	-0.46	0.75		-0.47	-0.31	0.59	0.74
Non Current Liabilities Total	0.16	-0.42	-0.35	-0.22	-0.42	-0.87	-0.39	-0.88	-0.26	-0.15	-0.39	0.58	-0.42	0.11	-0.38	-0.38	-0.67	-0.17	-0.56	0.02	-0.78	-0.47		-0.16	-0.3	-0.79
Inventory	0.19	0.44	0.05	0.04	0.41	0.39	0.64	0.21	0.2	0.67	-0.05	-0.02	0.83	0.38	0.26	-0.37	0.13	0.68	0.46	0.9	0.25	-0.31	-0.16		0.13	0.27
Other Current Assets	0.07	0.86	0.86	0.97	0.92	0.59	0.81	0.35	0.89	0.75	0.83	-0.59	0.35	0.28	0.89	0.54	0.73	0.31	0.76	0.17	0.63	0.59	-0.3	0.13		0.64
Other Stockholder Equity	-0.12	0.81	0.74	0.53	0.77	0.95	0.67	0.63	0.65	0.42	0.66	-0.9	0.63	0.37	0.76	0.68	0.96	0.56	0.86	0.01	0.99	0.74	-0.79	0.27	0.64

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BEST Account Relationship Matchups

BEST fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	19.5M	19.4M	26.5M	4.9M	19.1M	14.7M
Total Assets	19.5B	19.8B	11.3B	7.8B	6.3B	11.8B
Short Long Term Debt Total	8.5B	9.6B	5.9B	4.1B	3.3B	4.3B
Other Current Liab	2.0B	8.3B	1.9B	2.0B	1.4B	2.6B
Total Current Liabilities	10.6B	12.6B	5.8B	4.8B	4.9B	7.3B
Total Stockholder Equity	3.9B	1.8B	2.1B	697.0M	(98.2M)	(103.1M)
Other Liab	163.0M	175.6M	24.3M	18.8M	21.6M	20.5M
Net Tangible Assets	3.3B	1.4B	2.0B	567.3M	652.4M	685.0M
Property Plant And Equipment Net	7.3B	7.9B	2.7B	2.5B	1.9B	3.3B
Current Deferred Revenue	1.5B	1.5B	298.4M	277.7M	469.1M	655.7M
Net Debt	6.5B	8.2B	2.3B	3.5B	2.9B	2.6B
Retained Earnings	(15.6B)	(17.7B)	(17.5B)	(18.9B)	(19.7B)	(20.7B)
Accounts Payable	3.4B	1.5B	1.4B	1.4B	1.6B	1.5B
Cash	2.0B	1.4B	3.6B	533.5M	426.0M	404.7M
Non Current Assets Total	9.8B	10.5B	4.5B	4.5B	3.2B	5.2B
Non Currrent Assets Other	437.8M	1.3B	1.2B	1.7B	859.3M	740.9M
Other Assets	1.6B	2.0B	1.5B	1.7B	2.0B	1.4B
Long Term Debt	1.4B	2.3B	1.8B	929.3M	584.7M	856.1M
Cash And Short Term Investments	3.1B	1.7B	3.7B	1.3B	461.9M	438.8M
Net Receivables	2.1B	1.8B	1.5B	849.5M	990.4M	1.4B
Good Will	469.1M	491.0M	295.8M	54.1M	48.7M	46.3M
Short Term Investments	1.1B	268.6M	147.4M	725.0M	35.9M	34.1M
Liabilities And Stockholders Equity	19.5B	19.8B	11.3B	7.8B	6.3B	11.8B
Non Current Liabilities Total	5.0B	5.5B	3.3B	2.2B	1.5B	1.4B
Capital Lease Obligations	4.5B	4.1B	2.0B	1.8B	1.4B	1.7B
Inventory	140.0M	44.1M	25.6M	16.5M	7.8M	7.4M
Other Current Assets	2.6B	6.1B	1.6B	1.2B	1.6B	2.2B
Other Stockholder Equity	19.4B	19.3B	19.4B	19.5B	19.5B	16.6B
Total Liab	15.6B	18.1B	9.1B	7.0B	6.3B	9.0B
Long Term Investments	230.9M	221.4M	219.2M	156.9M	180.4M	154.3M
Property Plant And Equipment Gross	7.3B	7.9B	2.7B	2.5B	2.9B	3.5B
Short Long Term Debt	2.6B	3.2B	2.1B	1.3B	1.3B	1.7B
Total Current Assets	9.7B	9.3B	6.8B	3.3B	3.1B	2.9B
Accumulated Other Comprehensive Income	163.2M	159.7M	107.5M	124.5M	119.2M	119.0M
Non Current Liabilities Other	137.2M	175.6M	24.3M	18.8M	22.8M	21.7M
Short Term Debt	3.7B	2.8B	2.6B	1.3B	1.8B	2.0B
Intangible Assets	121.6M	12.2M	55.7M	75.6M	93.2M	83.0M

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