1StdibsCom Gross Profit vs Net Income Analysis
| DIBS Stock | USD 3.73 0.08 2.19% |
1StdibsCom financial indicator trend analysis is way more than just evaluating 1StdibsCom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 1StdibsCom is a good investment. Please check the relationship between 1StdibsCom Gross Profit and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1StdibsCom. 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 labor statistics. For more information on how to buy 1StdibsCom Stock please use our How to Invest in 1StdibsCom guide.
Gross Profit vs Net Income
Gross Profit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1StdibsCom Gross Profit account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between 1StdibsCom's Gross Profit and Net Income is 0.71. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of 1StdibsCom, assuming nothing else is changed. The correlation between historical values of 1StdibsCom's Gross Profit and Net 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 Gross Profit of 1StdibsCom are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., 1StdibsCom's Gross Profit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of 1StdibsCom minus its cost of goods sold. It is profit before 1StdibsCom 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in 1StdibsCom financial statement analysis. It represents the amount of money remaining after all of 1StdibsCom operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from 1StdibsCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 1StdibsCom 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1StdibsCom. 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 labor statistics. For more information on how to buy 1StdibsCom Stock please use our How to Invest in 1StdibsCom guide.Tax Provision is likely to gain to about 44.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 23.2 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 146K | 1.6M | 5.8M | 6.1M | Net Interest Income | 130K | 1.6M | 5.8M | 6.1M |
1StdibsCom fundamental ratios Correlations
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1StdibsCom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for 1StdibsCom Stock Analysis
When running 1StdibsCom's price analysis, check to measure 1StdibsCom'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 1StdibsCom is operating at the current time. Most of 1StdibsCom's value examination focuses on studying past and present price action to predict the probability of 1StdibsCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1StdibsCom's price. Additionally, you may evaluate how the addition of 1StdibsCom to your portfolios can decrease your overall portfolio volatility.