Ceres Gross Profit vs Selling General Administrative Analysis

CWR Stock   57.20  3.60  6.72%   
Ceres Power financial indicator trend analysis is way more than just evaluating Ceres Power Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ceres Power Holdings is a good investment. Please check the relationship between Ceres Power Gross Profit and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceres Power 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 bureau of economic analysis.

Gross Profit vs Selling General Administrative

Gross Profit vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ceres Power Holdings Gross Profit account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ceres Power's Gross Profit and Selling General Administrative is 0.85. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Ceres Power Holdings, assuming nothing else is changed. The correlation between historical values of Ceres Power's Gross Profit and Selling General Administrative 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 Ceres Power Holdings are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Gross Profit i.e., Ceres Power's Gross Profit and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ceres Power Holdings minus its cost of goods sold. It is profit before Ceres Power 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.

Selling General Administrative

Most indicators from Ceres Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ceres Power 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 Ceres Power 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 bureau of economic analysis.
At present, Ceres Power's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Other Operating Expenses74.7M85.5M83.2M87.4M
Depreciation And Amortization7.2M9.1M9.6M10.0M

Ceres Power fundamental ratios Correlations

0.720.871.00.93-0.86-0.730.820.880.91-0.180.950.880.910.560.850.870.990.89-0.660.9-0.47-0.30.770.150.9
0.720.960.70.87-0.42-0.870.580.450.880.290.530.80.610.840.870.860.660.79-0.590.89-0.41-0.350.750.170.69
0.870.960.850.96-0.6-0.880.710.630.960.130.720.910.760.780.90.940.820.9-0.670.96-0.48-0.330.830.150.82
1.00.70.850.91-0.88-0.710.810.90.89-0.210.960.870.910.540.850.841.00.87-0.640.87-0.46-0.30.740.140.89
0.930.870.960.91-0.65-0.870.810.680.990.020.80.910.850.70.860.970.890.91-0.710.98-0.52-0.330.870.170.9
-0.86-0.42-0.6-0.88-0.650.47-0.55-1.0-0.640.24-0.9-0.64-0.7-0.35-0.71-0.58-0.9-0.640.57-0.650.340.25-0.55-0.19-0.71
-0.73-0.87-0.88-0.71-0.870.47-0.63-0.5-0.89-0.41-0.54-0.87-0.58-0.86-0.89-0.83-0.67-0.860.49-0.90.380.24-0.75-0.23-0.74
0.820.580.710.810.81-0.55-0.630.560.75-0.370.810.790.920.350.680.720.810.78-0.40.7-0.5-0.110.580.050.72
0.880.450.630.90.68-1.0-0.50.560.67-0.230.910.660.710.380.720.610.910.67-0.590.68-0.35-0.260.580.180.74
0.910.880.960.890.99-0.64-0.890.750.670.10.760.90.80.730.870.970.860.9-0.741.0-0.49-0.370.880.160.89
-0.180.290.13-0.210.020.24-0.41-0.37-0.230.1-0.420.01-0.440.640.220.03-0.25-0.010.020.170.06-0.310.020.1-0.01
0.950.530.720.960.8-0.9-0.540.810.910.76-0.420.770.930.320.720.720.970.78-0.570.74-0.41-0.20.650.140.78
0.880.80.910.870.91-0.64-0.870.790.660.90.010.770.820.670.830.90.860.97-0.480.89-0.42-0.140.730.00.81
0.910.610.760.910.85-0.7-0.580.920.710.8-0.440.930.820.320.690.780.920.82-0.510.75-0.42-0.170.680.080.76
0.560.840.780.540.7-0.35-0.860.350.380.730.640.320.670.320.810.660.50.65-0.420.77-0.32-0.40.540.180.69
0.850.870.90.850.86-0.71-0.890.680.720.870.220.720.830.690.810.760.820.82-0.520.87-0.39-0.370.670.240.75
0.870.860.940.840.97-0.58-0.830.720.610.970.030.720.90.780.660.760.820.91-0.730.96-0.5-0.230.920.150.87
0.990.660.821.00.89-0.9-0.670.810.910.86-0.250.970.860.920.50.820.820.86-0.630.85-0.45-0.270.730.130.88
0.890.790.90.870.91-0.64-0.860.780.670.9-0.010.780.970.820.650.820.910.86-0.450.89-0.43-0.050.80.150.82
-0.66-0.59-0.67-0.64-0.710.570.49-0.4-0.59-0.740.02-0.57-0.48-0.51-0.42-0.52-0.73-0.63-0.45-0.760.360.53-0.75-0.1-0.69
0.90.890.960.870.98-0.65-0.90.70.681.00.170.740.890.750.770.870.960.850.89-0.76-0.48-0.40.880.160.89
-0.47-0.41-0.48-0.46-0.520.340.38-0.5-0.35-0.490.06-0.41-0.42-0.42-0.32-0.39-0.5-0.45-0.430.36-0.480.14-0.42-0.07-0.49
-0.3-0.35-0.33-0.3-0.330.250.24-0.11-0.26-0.37-0.31-0.2-0.14-0.17-0.4-0.37-0.23-0.27-0.050.53-0.40.14-0.090.32-0.29
0.770.750.830.740.87-0.55-0.750.580.580.880.020.650.730.680.540.670.920.730.8-0.750.88-0.42-0.090.470.79
0.150.170.150.140.17-0.19-0.230.050.180.160.10.140.00.080.180.240.150.130.15-0.10.16-0.070.320.470.19
0.90.690.820.890.9-0.71-0.740.720.740.89-0.010.780.810.760.690.750.870.880.82-0.690.89-0.49-0.290.790.19
Click cells to compare fundamentals

Ceres Power Account Relationship Matchups

Ceres Power fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab18.2M6.7M14.7M15.9M19.5M20.5M
Total Current Liabilities20.8M15.2M20.1M20.2M22.2M23.3M
Retained Earnings(126.8M)(146.6M)(190.7M)(255.8M)(283.1M)(268.9M)
Accounts Payable1.8M2.4M4.8M3.6M2.0M1.3M
Common Stock Shares Outstanding162.5M185.7M191.4M192.7M193.1M202.7M
Other Current Assets6.5M7.3M13.7M8.4M27.5M28.9M
Other Stockholder Equity220.2M397.3M398.0M413.6M417.6M438.4M
Total Current Assets114.9M264.7M216.9M156.2M132.8M139.4M
Common Stock17.2M19.1M19.2M19.3M19.4M20.3M
Other Liab1.1M1.6M1.8M1.9M2.2M1.6M
Net Receivables4.2M9.6M12.2M5.0M9.9M10.4M
Property Plant Equipment17.2M19.0M20.6M28.6M32.9M34.5M
Net Tangible Assets124.4M116.6M273.1M224.1M257.7M270.6M
Inventory2.1M3.1M5.7M2.8M2.8M2.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Ceres Stock

Balance Sheet is a snapshot of the financial position of Ceres Power Holdings at a specified time, usually calculated after every quarter, six months, or one year. Ceres Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ceres Power and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ceres currently owns. An asset can also be divided into two categories, current and non-current.