Meta Gross Profit vs Net Income Analysis

CASH Stock

USD 84.29 1.39 1.68%

Meta Financial financial indicator trend analysis is infinitely more than just investigating Meta Financial Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meta Financial Group is a good investment. Please check the relationship between Meta Financial Gross Profit and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Meta Financial Group. 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 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 Meta Financial Group Gross Profit account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Meta Financial's Gross Profit and Net Income is 0.91. 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 Meta Financial Group, assuming nothing else is changed. The correlation between historical values of Meta Financial's 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 Meta Financial Group 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., Meta Financial's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Meta Financial Group minus its cost of goods sold. It is profit before Meta Financial 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 Meta Financial Group financial statement analysis. It represents the amount of money remaining after all of Meta Financial Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Meta Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meta Financial Group 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 Meta Financial Group. 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.

As of now, Meta Financial's Enterprise Value Multiple is decreasing as compared to previous years. The Meta Financial's current Enterprise Value is estimated to increase to about 2.2 B, while Tax Provision is projected to decrease to under 9.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.9M	10.9M	8.2M	12.1M
Depreciation And Amortization	53.5M	50.7M	45.9M	48.2M

Interest Expense Depreciation And Amortization

Meta Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Non Current Liabilities Total	Other Current Assets	Other Liab	Long Term Debt	Good Will
Total Assets		0.04	0.28	0.94	0.89	-0.1	0.97	0.65	0.41	0.7	0.29	0.18	0.86	0.67	0.66	0.96	1.0	0.9	0.38	0.18	0.15	0.54	0.22	-0.49	0.28	0.94
Short Long Term Debt Total	0.04		0.04	-0.03	-0.32	0.62	-0.05	-0.3	0.63	0.04	0.15	0.39	0.28	-0.27	0.28	-0.16	0.05	-0.31	0.36	0.93	-0.06	-0.2	-0.02	-0.25	0.35	-0.19
Total Current Liabilities	0.28	0.04		0.14	0.22	-0.26	0.18	0.36	0.29	0.05	-0.27	-0.09	0.42	0.41	0.25	0.25	0.29	0.2	0.45	0.13	0.92	0.5	0.05	-0.18	-0.02	0.22
Total Stockholder Equity	0.94	-0.03	0.14		0.93	-0.04	0.94	0.47	0.23	0.64	0.31	0.2	0.68	0.49	0.74	0.97	0.92	0.93	0.26	0.08	0.0	0.45	0.28	-0.49	0.44	0.97
Property Plant And Equipment Net	0.89	-0.32	0.22	0.93		-0.24	0.91	0.61	0.05	0.56	0.17	-0.04	0.58	0.62	0.64	0.97	0.88	0.99	0.14	-0.19	0.11	0.51	0.15	-0.41	0.33	0.97
Net Debt	-0.1	0.62	-0.26	-0.04	-0.24		-0.01	-0.16	-0.08	0.26	0.48	0.25	-0.01	-0.15	-0.02	-0.15	-0.1	-0.19	-0.18	0.43	-0.34	0.02	-0.07	-0.17	0.21	-0.14
Retained Earnings	0.97	-0.05	0.18	0.94	0.91	-0.01		0.73	0.3	0.82	0.47	0.11	0.82	0.74	0.54	0.95	0.96	0.94	0.16	0.08	0.05	0.65	0.13	-0.46	0.23	0.95
Accounts Payable	0.65	-0.3	0.36	0.47	0.61	-0.16	0.73		0.16	0.76	0.42	-0.21	0.73	1.0	-0.02	0.61	0.67	0.66	-0.03	-0.16	0.32	0.86	-0.11	-0.24	-0.28	0.62
Cash	0.41	0.63	0.29	0.23	0.05	-0.08	0.3	0.16		0.29	0.19	0.19	0.67	0.18	0.28	0.18	0.43	0.06	0.45	0.78	0.2	0.15	-0.06	-0.24	0.17	0.15
Non Current Assets Total	0.7	0.04	0.05	0.64	0.56	0.26	0.82	0.76	0.29		0.85	0.04	0.75	0.76	0.07	0.63	0.7	0.65	-0.16	0.13	-0.03	0.81	-0.05	-0.28	-0.08	0.65
Non Currrent Assets Other	0.29	0.15	-0.27	0.31	0.17	0.48	0.47	0.42	0.19	0.85		0.01	0.39	0.4	-0.2	0.22	0.28	0.28	-0.48	0.2	-0.32	0.6	-0.18	-0.12	-0.04	0.27
Other Assets	0.18	0.39	-0.09	0.2	-0.04	0.25	0.11	-0.21	0.19	0.04	0.01		0.2	-0.19	0.29	0.14	0.18	-0.05	0.55	0.33	-0.32	-0.2	0.65	-0.09	0.02	0.13
Cash And Short Term Investments	0.86	0.28	0.42	0.68	0.58	-0.01	0.82	0.73	0.67	0.75	0.39	0.2		0.75	0.41	0.72	0.88	0.62	0.45	0.42	0.31	0.65	0.15	-0.5	0.06	0.7
Net Receivables	0.67	-0.27	0.41	0.49	0.62	-0.15	0.74	1.0	0.18	0.76	0.4	-0.19	0.75		0.02	0.63	0.69	0.67	0.01	-0.14	0.36	0.87	-0.1	-0.25	-0.27	0.63
Common Stock Shares Outstanding	0.66	0.28	0.25	0.74	0.64	-0.02	0.54	-0.02	0.28	0.07	-0.2	0.29	0.41	0.02		0.68	0.65	0.58	0.55	0.31	0.11	-0.04	0.31	-0.58	0.66	0.65
Other Stockholder Equity	0.96	-0.16	0.25	0.97	0.97	-0.15	0.95	0.61	0.18	0.63	0.22	0.14	0.72	0.63	0.68		0.95	0.96	0.31	-0.03	0.12	0.53	0.3	-0.49	0.32	0.99
Total Liab	1.0	0.05	0.29	0.92	0.88	-0.1	0.96	0.67	0.43	0.7	0.28	0.18	0.88	0.69	0.65	0.95		0.89	0.39	0.19	0.16	0.55	0.21	-0.49	0.25	0.93
Property Plant And Equipment Gross	0.9	-0.31	0.2	0.93	0.99	-0.19	0.94	0.66	0.06	0.65	0.28	-0.05	0.62	0.67	0.58	0.96	0.89		0.07	-0.17	0.08	0.59	0.12	-0.41	0.3	0.97
Total Current Assets	0.38	0.36	0.45	0.26	0.14	-0.18	0.16	-0.03	0.45	-0.16	-0.48	0.55	0.45	0.01	0.55	0.31	0.39	0.07		0.43	0.37	-0.17	0.65	-0.29	0.18	0.25
Short Term Debt	0.18	0.93	0.13	0.08	-0.19	0.43	0.08	-0.16	0.78	0.13	0.2	0.33	0.42	-0.14	0.31	-0.03	0.19	-0.17	0.43		0.01	-0.08	0.07	-0.22	0.44	-0.04
Other Current Liab	0.15	-0.06	0.92	0.0	0.11	-0.34	0.05	0.32	0.2	-0.03	-0.32	-0.32	0.31	0.36	0.11	0.12	0.16	0.08	0.37	0.01		0.43	-0.02	-0.1	-0.16	0.08
Non Current Liabilities Total	0.54	-0.2	0.5	0.45	0.51	0.02	0.65	0.86	0.15	0.81	0.6	-0.2	0.65	0.87	-0.04	0.53	0.55	0.59	-0.17	-0.08	0.43		-0.13	-0.21	-0.2	0.55
Other Current Assets	0.22	-0.02	0.05	0.28	0.15	-0.07	0.13	-0.11	-0.06	-0.05	-0.18	0.65	0.15	-0.1	0.31	0.3	0.21	0.12	0.65	0.07	-0.02	-0.13		-0.09	0.16	0.32
Other Liab	-0.49	-0.25	-0.18	-0.49	-0.41	-0.17	-0.46	-0.24	-0.24	-0.28	-0.12	-0.09	-0.5	-0.25	-0.58	-0.49	-0.49	-0.41	-0.29	-0.22	-0.1	-0.21	-0.09		-0.39	-0.49
Long Term Debt	0.28	0.35	-0.02	0.44	0.33	0.21	0.23	-0.28	0.17	-0.08	-0.04	0.02	0.06	-0.27	0.66	0.32	0.25	0.3	0.18	0.44	-0.16	-0.2	0.16	-0.39		0.35
Good Will	0.94	-0.19	0.22	0.97	0.97	-0.14	0.95	0.62	0.15	0.65	0.27	0.13	0.7	0.63	0.65	0.99	0.93	0.97	0.25	-0.04	0.08	0.55	0.32	-0.49	0.35

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Meta Financial Account Relationship Matchups

Meta Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.1B	6.7B	6.7B	7.5B	7.5B	7.9B
Short Long Term Debt Total	107.4M	97.9M	40.6M	46.9M	410.4M	278.0M
Total Current Liabilities	1.9M	579K	5.8B	13M	377M	396.0M
Total Stockholder Equity	843.7M	870.7M	645.2M	651.6M	839.9M	881.9M
Property Plant And Equipment Net	247.6M	258.0M	246.1M	250.9M	244.4M	256.6M
Net Debt	(329.1M)	(221.2M)	(352.0M)	(328.7M)	410.4M	430.9M
Retained Earnings	234.9M	259.2M	245.4M	278.7M	354.5M	372.2M
Accounts Payable	9.4M	1.9M	579K	5.9B	6.7B	7.1B
Cash	427.4M	314.0M	388.0M	375.6M	431.9M	453.5M
Non Current Assets Total	2.0B	2.5B	2.5B	2.4B	7.4B	7.7B
Non Currrent Assets Other	(74.7M)	(92.5M)	(2.5B)	(2.4B)	6.1B	6.4B
Other Assets	2.9B	3.0B	1.7B	2.7B	3.1B	2.1B
Cash And Short Term Investments	1.2B	1.2B	2.3B	2.2B	2.5B	2.6B
Net Receivables	16.6M	16.3M	228.7M	206.7M	237.7M	249.6M
Common Stock Shares Outstanding	35.7M	31.8M	29.2M	26.9M	25.2M	17.0M
Liabilities And Stockholders Equity	6.1B	6.7B	6.7B	7.5B	7.5B	7.9B
Other Stockholder Equity	590.9M	603.6M	612.6M	628.2M	638.6M	670.5M
Total Liab	5.2B	5.8B	6.1B	6.9B	6.7B	7.0B
Property Plant And Equipment Gross	247.6M	258.0M	246.1M	250.9M	288.5M	303.0M
Total Current Assets	1.3B	1.2B	2.5B	2.4B	189.7M	180.2M
Short Term Debt	9.2M	5.1M	4.5M	13M	377M	219.1M
Other Current Liab	(1.9M)	(579K)	5.8B	(13M)	(15.0M)	(14.2M)
Non Current Liabilities Total	98.2M	92.8M	6.1B	33.9M	6.3B	6.6B
Other Current Assets	462.3M	342.9M	406.0M	398.9M	189.7M	180.2M
Accumulated Other Comprehensive Income	17.5M	7.6M	(213.1M)	(255.4M)	(153.4M)	(145.7M)
Long Term Debt	98.2M	92.8M	36.0M	33.9M	30.5M	58.9M
Common Stock Total Equity	378K	344K	317K	288K	331.2K	347.8K
Short Term Investments	814.5M	847.9M	1.9B	1.8B	2.1B	2.2B
Inventory	(462.3M)	(342.9M)	(406.0M)	(398.9M)	(359.0M)	(341.0M)
Treasury Stock	(2.0M)	(445K)	(3.7M)	(860K)	(989K)	(1.0M)
Intangible Assets	41.7M	33.1M	25.7M	20.7M	23.8M	18.4M
Common Stock	344K	317K	288K	262K	248K	260.4K
Property Plant Equipment	254.5M	257.5M	258.0M	246.1M	283.0M	297.1M
Net Tangible Assets	477.6M	492.5M	528.1M	310.0M	356.5M	332.7M
Long Term Debt Total	105.8M	98.2M	92.8M	36.0M	41.4M	64.3M
Capital Surpluse	580.8M	594.6M	604.5M	617.4M	710.0M	378.3M

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When determining whether Meta Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meta Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meta Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meta Financial Group Stock:

How To Invest In Meta

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Is Meta Stock a good investment?

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What is Meta Financial's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Meta Financial Group. 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.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meta Financial. If investors know Meta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meta Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.01)

Earnings Share

6.62

Revenue Per Share

28.289

Quarterly Revenue Growth

0.124

Return On Assets

0.0225

The market value of Meta Financial Group is measured differently than its book value, which is the value of Meta that is recorded on the company's balance sheet. Investors also form their own opinion of Meta Financial's value that differs from its market value or its book value, called intrinsic value, which is Meta Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meta Financial's market value can be influenced by many factors that don't directly affect Meta Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Meta Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meta Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meta Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Meta Gross Profit vs Net Income Analysis

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

Correlation Coefficient

Gross Profit

Net Income

Meta Financial fundamental ratios Correlations

Meta Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Meta Financial fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Receivables	+ 1.0	Accounts Payable
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Good Will	+ 0.99	Other Stockholder Equity
Retained Earnings	+ 0.97	Total Assets
Other Stockholder Equity	+ 0.97	Total Stockholder Equity

Other Liab	- 0.58	Common Stock Shares Outstanding
Other Liab	- 0.5	Cash And Short Term Investments
Good Will	- 0.49	Other Liab
Other Liab	- 0.49	Total Liab
Other Liab	- 0.49	Other Stockholder Equity
Other Liab	- 0.49	Total Stockholder Equity