ChargePoint Total Revenue vs Gross Profit Analysis
CHPT Stock | USD 1.13 0.04 3.67% |
ChargePoint Holdings financial indicator trend analysis is way more than just evaluating ChargePoint Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChargePoint Holdings is a good investment. Please check the relationship between ChargePoint Holdings Total Revenue and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChargePoint Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy ChargePoint Stock please use our How to Invest in ChargePoint Holdings guide.
Total Revenue vs Gross Profit
Total Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ChargePoint Holdings Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between ChargePoint Holdings' Total Revenue and Gross Profit is 0.73. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of ChargePoint Holdings, assuming nothing else is changed. The correlation between historical values of ChargePoint Holdings' Total Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of ChargePoint Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., ChargePoint Holdings' Total Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts ChargePoint Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of ChargePoint Holdings minus its cost of goods sold. It is profit before ChargePoint Holdings 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.Most indicators from ChargePoint Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChargePoint Holdings 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 ChargePoint Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy ChargePoint Stock please use our How to Invest in ChargePoint Holdings guide.Issuance Of Capital Stock is likely to gain to about 301.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 72.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.5M | 9.4M | 16.3M | 17.1M | Depreciation And Amortization | 20.7M | 29.8M | 28.5M | 22.7M |
ChargePoint Holdings fundamental ratios Correlations
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ChargePoint Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for ChargePoint Stock Analysis
When running ChargePoint Holdings' price analysis, check to measure ChargePoint Holdings' 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 ChargePoint Holdings is operating at the current time. Most of ChargePoint Holdings' value examination focuses on studying past and present price action to predict the probability of ChargePoint Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChargePoint Holdings' price. Additionally, you may evaluate how the addition of ChargePoint Holdings to your portfolios can decrease your overall portfolio volatility.