CCC Selling General Administrative vs Operating Income Analysis
CCCS Stock | USD 12.61 0.01 0.08% |
CCC Intelligent financial indicator trend analysis is way more than just evaluating CCC Intelligent Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CCC Intelligent Solutions is a good investment. Please check the relationship between CCC Intelligent Selling General Administrative and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCC Intelligent 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 main economic indicators.
Selling General Administrative vs Operating Income
Selling General Administrative vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCC Intelligent Solutions Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between CCC Intelligent's Selling General Administrative and Operating Income is -0.82. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income in the same time period over historical financial statements of CCC Intelligent Solutions, assuming nothing else is changed. The correlation between historical values of CCC Intelligent's Selling General Administrative 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 Selling General Administrative of CCC Intelligent Solutions 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 Selling General Administrative i.e., CCC Intelligent's Selling General Administrative and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Selling General Administrative
Operating Income
Operating Income is the amount of profit realized from CCC Intelligent Solutions 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 CCC Intelligent Solutions 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 CCC Intelligent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CCC Intelligent 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 CCC Intelligent 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 main economic indicators. At this time, CCC Intelligent's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 70.47 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 492.6M | 568.5M | 636.2M | 552.7M | Total Revenue | 688.3M | 782.4M | 866.4M | 789.0M |
CCC Intelligent fundamental ratios Correlations
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CCC Intelligent Account Relationship Matchups
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When running CCC Intelligent's price analysis, check to measure CCC Intelligent's 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 CCC Intelligent is operating at the current time. Most of CCC Intelligent's value examination focuses on studying past and present price action to predict the probability of CCC Intelligent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCC Intelligent's price. Additionally, you may evaluate how the addition of CCC Intelligent to your portfolios can decrease your overall portfolio volatility.