CCU Stock | | | USD 10.91 0.16 1.45% |
Compania Cervecerias financial indicator trend analysis is way more than just evaluating Compania Cervecerias prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compania Cervecerias is a good investment. Please check the relationship between Compania Cervecerias Gross Profit and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Compania Cervecerias Unidas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Compania Cervecerias Gross Profit account and
Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Compania Cervecerias' Gross Profit and Total Operating Expenses is 0.82. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Compania Cervecerias Unidas, assuming nothing else is changed. The correlation between historical values of Compania Cervecerias' Gross Profit and Total 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 Compania Cervecerias Unidas are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Compania Cervecerias' Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Compania Cervecerias Unidas minus its cost of goods sold. It is profit before Compania Cervecerias 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.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Compania Cervecerias' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compania Cervecerias 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 Compania Cervecerias Unidas. 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, Compania Cervecerias'
Issuance Of Capital Stock is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 8.87 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.2T | 1.2T | 1.2T | 624.7B | Total Revenue | 2.5T | 2.7T | 2.6T | 2.7T |
Compania Cervecerias fundamental ratios Correlations
Click cells to compare fundamentals
Compania Cervecerias Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Compania Cervecerias fundamental ratios Accounts
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Additional Tools for Compania Stock Analysis
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measure Compania Cervecerias' 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 Compania Cervecerias is operating at the current time. Most of Compania Cervecerias' value examination focuses on studying past and present price action to
predict the probability of Compania Cervecerias' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compania Cervecerias' price. Additionally, you may evaluate how the addition of Compania Cervecerias to your portfolios can decrease your overall portfolio volatility.