Pop Gross Profit vs Income Before Tax Analysis

CPOP Stock

USD 1.15 0.04 3.60%

Pop Culture financial indicator trend analysis is much more than just breaking down Pop Culture Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pop Culture Group is a good investment. Please check the relationship between Pop Culture Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Pop Culture 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 persons.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pop Culture Group Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Pop Culture's Gross Profit and Income Before Tax is 0.94. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Pop Culture Group, assuming nothing else is changed. The correlation between historical values of Pop Culture's Gross Profit and Income Before Tax 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 Pop Culture Group are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Pop Culture's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.94

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 Pop Culture Group minus its cost of goods sold. It is profit before Pop Culture 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Pop Culture income statement and is an important metric when analyzing Pop Culture Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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

At this time, Pop Culture's Tax Provision is relatively stable compared to the past year. As of 11/28/2024, Selling General Administrative is likely to grow to about 3 M, though Enterprise Value Multiple is likely to grow to (0.48).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	4.8M	19.7M	16.5M	17.4M
Cost Of Revenue	26.0M	22.2M	44.5M	24.8M

Total Operating Expenses Cost Of Revenue

Pop Culture fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total
Other Current Liab		0.58	0.52	-0.53	0.58	-0.15	0.45	-0.67	0.47	0.52	-0.4	0.42	0.5	-0.28	0.33	0.45	0.18	0.34	0.34	0.28	-0.03	0.01	0.11	0.03	-0.45	0.3
Total Current Liabilities	0.58		0.89	-0.74	0.93	-0.08	0.82	-0.56	0.94	0.74	-0.82	0.79	0.78	-0.73	0.71	0.8	0.49	0.09	0.92	0.4	0.07	0.0	0.17	0.15	-0.91	0.66
Net Tangible Assets	0.52	0.89		-0.68	0.76	0.25	0.84	-0.76	0.98	0.94	-0.68	0.89	0.83	-0.52	0.89	0.81	0.75	0.39	0.68	0.05	0.4	0.39	0.55	0.49	-0.8	0.59
Retained Earnings	-0.53	-0.74	-0.68		-0.87	0.38	-0.3	0.6	-0.72	-0.54	0.82	-0.31	-0.74	0.15	-0.28	-0.39	-0.05	-0.46	-0.69	-0.58	0.32	0.28	0.11	0.22	0.81	-0.15
Accounts Payable	0.58	0.93	0.76	-0.87		-0.24	0.57	-0.51	0.84	0.57	-0.93	0.54	0.75	-0.52	0.46	0.55	0.22	0.08	0.91	0.52	-0.17	-0.25	-0.09	-0.09	-0.94	0.47
Other Assets	-0.15	-0.08	0.25	0.38	-0.24		0.3	-0.29	0.17	0.37	0.18	0.45	0.1	0.08	0.59	0.19	0.75	0.02	-0.27	-0.9	0.96	0.89	0.82	0.94	0.11	0.37
Net Receivables	0.45	0.82	0.84	-0.3	0.57	0.3		-0.48	0.83	0.82	-0.41	0.98	0.67	-0.81	0.91	0.92	0.78	0.0	0.66	0.0	0.48	0.42	0.54	0.54	-0.58	0.81
Inventory	-0.67	-0.56	-0.76	0.6	-0.51	-0.29	-0.48		-0.7	-0.74	0.5	-0.57	-0.65	0.04	-0.64	-0.62	-0.56	-0.59	-0.24	0.01	-0.35	-0.4	-0.51	-0.42	0.59	-0.43
Other Current Assets	0.47	0.94	0.98	-0.72	0.84	0.17	0.83	-0.7		0.87	-0.78	0.85	0.86	-0.57	0.84	0.82	0.67	0.24	0.8	0.18	0.29	0.24	0.4	0.38	-0.88	0.67
Other Stockholder Equity	0.52	0.74	0.94	-0.54	0.57	0.37	0.82	-0.74	0.87		-0.41	0.9	0.85	-0.4	0.9	0.77	0.78	0.47	0.48	-0.14	0.54	0.56	0.7	0.61	-0.55	0.54
Deferred Long Term Liab	-0.4	-0.82	-0.68	0.82	-0.93	0.18	-0.41	0.5	-0.78	-0.41		-0.4	-0.57	0.41	-0.39	-0.45	-0.22	-0.08	-0.83	-0.48	0.16	0.25	0.12	0.09	0.98	-0.39
Total Current Assets	0.42	0.79	0.89	-0.31	0.54	0.45	0.98	-0.57	0.85	0.9	-0.4		0.72	-0.69	0.97	0.89	0.87	0.11	0.58	-0.16	0.62	0.56	0.68	0.68	-0.57	0.78
Common Stock	0.5	0.78	0.83	-0.74	0.75	0.1	0.67	-0.65	0.86	0.85	-0.57	0.72		-0.3	0.68	0.7	0.44	0.24	0.67	0.19	0.18	0.15	0.29	0.26	-0.67	0.59
Property Plant Equipment	-0.28	-0.73	-0.52	0.15	-0.52	0.08	-0.81	0.04	-0.57	-0.4	0.41	-0.69	-0.3		-0.56	-0.69	-0.44	0.32	-0.74	-0.28	-0.1	0.0	-0.11	-0.14	0.52	-0.62
Total Assets	0.33	0.71	0.89	-0.28	0.46	0.59	0.91	-0.64	0.84	0.9	-0.39	0.97	0.68	-0.56		0.84	0.95	0.18	0.48	-0.29	0.73	0.68	0.78	0.79	-0.55	0.74
Short Long Term Debt Total	0.45	0.8	0.81	-0.39	0.55	0.19	0.92	-0.62	0.82	0.77	-0.45	0.89	0.7	-0.69	0.84		0.68	0.04	0.63	0.18	0.35	0.3	0.44	0.41	-0.63	0.85
Total Stockholder Equity	0.18	0.49	0.75	-0.05	0.22	0.75	0.78	-0.56	0.67	0.78	-0.22	0.87	0.44	-0.44	0.95	0.68		0.23	0.23	-0.52	0.88	0.85	0.9	0.91	-0.36	0.6
Property Plant And Equipment Net	0.34	0.09	0.39	-0.46	0.08	0.02	0.0	-0.59	0.24	0.47	-0.08	0.11	0.24	0.32	0.18	0.04	0.23		-0.19	-0.09	0.12	0.35	0.44	0.18	-0.1	-0.39
Current Deferred Revenue	0.34	0.92	0.68	-0.69	0.91	-0.27	0.66	-0.24	0.8	0.48	-0.83	0.58	0.67	-0.74	0.48	0.63	0.23	-0.19		0.56	-0.18	-0.29	-0.14	-0.11	-0.87	0.58
Net Debt	0.28	0.4	0.05	-0.58	0.52	-0.9	0.0	0.01	0.18	-0.14	-0.48	-0.16	0.19	-0.28	-0.29	0.18	-0.52	-0.09	0.56		-0.86	-0.85	-0.73	-0.81	-0.45	0.03
Cash	-0.03	0.07	0.4	0.32	-0.17	0.96	0.48	-0.35	0.29	0.54	0.16	0.62	0.18	-0.1	0.73	0.35	0.88	0.12	-0.18	-0.86		0.96	0.93	0.99	0.05	0.41
Non Current Assets Total	0.01	0.0	0.39	0.28	-0.25	0.89	0.42	-0.4	0.24	0.56	0.25	0.56	0.15	0.0	0.68	0.3	0.85	0.35	-0.29	-0.85	0.96		0.98	0.97	0.13	0.24
Non Currrent Assets Other	0.11	0.17	0.55	0.11	-0.09	0.82	0.54	-0.51	0.4	0.7	0.12	0.68	0.29	-0.11	0.78	0.44	0.9	0.44	-0.14	-0.73	0.93	0.98		0.95	-0.02	0.3
Cash And Short Term Investments	0.03	0.15	0.49	0.22	-0.09	0.94	0.54	-0.42	0.38	0.61	0.09	0.68	0.26	-0.14	0.79	0.41	0.91	0.18	-0.11	-0.81	0.99	0.97	0.95		-0.03	0.44
Common Stock Shares Outstanding	-0.45	-0.91	-0.8	0.81	-0.94	0.11	-0.58	0.59	-0.88	-0.55	0.98	-0.57	-0.67	0.52	-0.55	-0.63	-0.36	-0.1	-0.87	-0.45	0.05	0.13	-0.02	-0.03		-0.54
Non Current Liabilities Total	0.3	0.66	0.59	-0.15	0.47	0.37	0.81	-0.43	0.67	0.54	-0.39	0.78	0.59	-0.62	0.74	0.85	0.6	-0.39	0.58	0.03	0.41	0.24	0.3	0.44	-0.54

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Pop Culture Account Relationship Matchups

Pop Culture fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	119.6K	705.4K	711.7K	1.2M	1.6M	1.0M
Total Current Liabilities	9.0M	13.3M	10.1M	12.8M	25.4M	26.7M
Net Tangible Assets	5.1M	11.2M	17.7M	50.6M	58.1M	61.1M
Retained Earnings	6.7M	10.5M	11.0M	(13.3M)	(27.0M)	(25.7M)
Accounts Payable	2.8M	1.9M	966.8K	2.7M	11.8M	12.4M
Other Assets	335.3K	140.8K	10.8M	(16.1K)	(18.5K)	(17.6K)
Net Receivables	14.8M	25.5M	26.3M	19.8M	25.0M	19.7M
Inventory	4.3M	2.0M	21.6K	683.0	614.7	583.97
Other Current Assets	3.2M	5.6M	10.1M	8.9M	14.8M	15.5M
Other Stockholder Equity	5.8M	6.6M	40.1M	40.2M	42.4M	21.6M
Total Current Assets	20.5M	32.4M	50.8M	32.3M	40.9M	30.6M
Property Plant Equipment	506.7K	349.5K	243.1K	533.2K	479.8K	370.8K
Total Assets	22.9M	34.4M	64.4M	39.1M	42.2M	39.9M
Short Long Term Debt Total	2.1M	7.0M	5.5M	5.2M	6.2M	5.2M
Total Stockholder Equity	12.9M	19.3M	52.8M	26.7M	15.3M	24.6M
Property Plant And Equipment Net	349.5K	243.1K	533.2K	929.5K	500.7K	561.5K
Current Deferred Revenue	1.8M	1.6M	47.7K	393.0K	3.2M	3.3M
Net Debt	766.0K	5.7M	(8.9M)	2.5M	6.0M	6.3M
Cash	1.4M	1.3M	14.4M	2.8M	230.6K	219.0K
Non Current Assets Total	2.4M	2.0M	13.5M	6.8M	1.3M	1.2M
Non Currrent Assets Other	236.0K	140.8K	10.3M	5.7M	211.9K	201.3K
Cash And Short Term Investments	1.4M	1.3M	14.4M	3.6M	1.1M	1.1M
Liabilities And Stockholders Equity	22.9M	34.4M	64.4M	39.0M	42.2M	39.9M
Non Current Liabilities Total	190.0K	1.8M	1.5M	39.6K	1.5M	969.5K
Capital Lease Obligations	286.4K	203.2K	459.1K	104.7K	94.3K	89.6K
Total Liab	9.2M	15.1M	11.6M	12.9M	26.9M	15.1M
Net Invested Capital	14.8M	26.1M	57.8M	31.9M	36.6M	30.7M
Short Long Term Debt	1.8M	5.1M	3.8M	5.1M	5.9M	3.9M
Accumulated Other Comprehensive Income	411.5K	2.2M	1.6M	(107.6K)	(167.2K)	(158.8K)
Net Working Capital	11.5M	19.1M	40.7M	19.4M	22.3M	21.1M
Short Term Debt	1.9M	5.3M	4.2M	5.2M	4.7M	4.3M
Intangible Assets	1.7M	1.6M	2.2M	119.5K	107.6K	102.2K

Pair Trading with Pop Culture

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pop Culture position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pop Culture will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pop Stock

0.62

Sea

Pair Corr

Moving against Pop Stock

0.7	ADV	Advantage Solutions	Pair Corr
0.62	AMC	AMC Entertainment Aggressive Push	Pair Corr
0.55	ADD	Color Star Technology Downward Rally	Pair Corr
0.4	BATRA	Atlanta Braves Holdings,	Pair Corr
0.35	BATRK	Atlanta Braves Holdings,	Pair Corr

The ability to find closely correlated positions to Pop Culture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pop Culture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pop Culture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pop Culture Group to buy it.

The correlation of Pop Culture is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pop Culture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pop Culture Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Pop Culture can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Pop Stock Analysis

When running Pop Culture's price analysis, check to measure Pop Culture'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 Pop Culture is operating at the current time. Most of Pop Culture's value examination focuses on studying past and present price action to predict the probability of Pop Culture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pop Culture's price. Additionally, you may evaluate how the addition of Pop Culture to your portfolios can decrease your overall portfolio volatility.

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