Dow Gross Profit vs Ebit Analysis

DOW Stock  USD 44.64  0.10  0.22%   
Dow financial indicator trend analysis is much more than just examining Dow Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dow Inc is a good investment. Please check the relationship between Dow Gross Profit and its Ebit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dow Inc. 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 Ebit

Gross Profit vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dow Inc Gross Profit account and Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dow's Gross Profit and Ebit is 0.79. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of Dow Inc, assuming nothing else is changed. The correlation between historical values of Dow's Gross Profit and Ebit 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 Dow Inc are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Dow's Gross Profit and Ebit go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

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

Ebit

Most indicators from Dow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dow Inc 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 Dow Inc. 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, Dow's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 187.2 M in 2024, despite the fact that Tax Provision is likely to grow to (3.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit10.8B8.6B5.1B6.7B
Total Revenue55.0B56.9B44.6B40.4B

Dow fundamental ratios Correlations

0.760.790.480.570.440.440.95-0.70.450.80.90.39-0.130.810.07-0.380.78-0.370.21-0.590.77-0.120.570.870.05
0.760.550.180.250.210.10.73-0.510.10.690.640.16-0.260.560.29-0.320.68-0.070.46-0.260.54-0.110.580.660.28
0.790.550.540.720.590.510.63-0.590.520.760.810.49-0.190.58-0.3-0.390.77-0.49-0.17-0.520.840.250.290.86-0.2
0.480.180.540.840.050.570.440.00.570.150.33-0.050.510.14-0.520.20.12-0.05-0.45-0.090.27-0.01-0.040.44-0.36
0.570.250.720.840.140.450.5-0.10.450.380.480.00.410.27-0.480.10.4-0.1-0.4-0.260.45-0.04-0.070.57-0.4
0.440.210.590.050.140.560.33-0.780.560.470.710.97-0.660.62-0.41-0.860.39-0.97-0.34-0.520.840.560.240.51-0.28
0.440.10.510.570.450.560.27-0.541.00.190.470.56-0.080.47-0.5-0.360.15-0.61-0.45-0.550.630.140.230.62-0.56
0.950.730.630.440.50.330.27-0.60.280.70.840.29-0.040.750.1-0.330.63-0.280.23-0.450.6-0.190.540.670.18
-0.7-0.51-0.590.0-0.1-0.78-0.54-0.6-0.54-0.62-0.78-0.830.57-0.860.050.74-0.620.77-0.050.7-0.84-0.18-0.74-0.710.15
0.450.10.520.570.450.561.00.28-0.540.20.480.56-0.080.48-0.5-0.360.16-0.61-0.45-0.550.640.130.230.62-0.56
0.80.690.760.150.380.470.190.7-0.620.20.850.42-0.470.760.24-0.540.88-0.350.35-0.690.8-0.120.340.80.13
0.90.640.810.330.480.710.470.84-0.780.480.850.65-0.440.88-0.08-0.70.71-0.630.05-0.650.90.030.380.80.0
0.390.160.49-0.050.00.970.560.29-0.830.560.420.65-0.680.65-0.35-0.860.32-0.98-0.3-0.540.790.520.350.45-0.3
-0.13-0.26-0.190.510.41-0.66-0.08-0.040.57-0.08-0.47-0.44-0.68-0.49-0.190.88-0.320.58-0.220.41-0.53-0.23-0.16-0.25-0.19
0.810.560.580.140.270.620.470.75-0.860.480.760.880.65-0.490.06-0.70.62-0.610.16-0.730.81-0.130.570.72-0.1
0.070.29-0.3-0.52-0.48-0.41-0.50.10.05-0.50.24-0.08-0.35-0.190.060.120.270.460.98-0.05-0.23-0.490.240.00.65
-0.38-0.32-0.390.20.1-0.86-0.36-0.330.74-0.36-0.54-0.7-0.860.88-0.70.12-0.330.790.050.55-0.74-0.22-0.22-0.39-0.02
0.780.680.770.120.40.390.150.63-0.620.160.880.710.32-0.320.620.27-0.33-0.280.38-0.590.730.040.480.850.12
-0.37-0.07-0.49-0.05-0.1-0.97-0.61-0.280.77-0.61-0.35-0.63-0.980.58-0.610.460.79-0.280.410.51-0.76-0.58-0.27-0.430.39
0.210.46-0.17-0.45-0.4-0.34-0.450.23-0.05-0.450.350.05-0.3-0.220.160.980.050.380.41-0.1-0.11-0.470.340.130.66
-0.59-0.26-0.52-0.09-0.26-0.52-0.55-0.450.7-0.55-0.69-0.65-0.540.41-0.73-0.050.55-0.590.51-0.1-0.740.25-0.36-0.690.15
0.770.540.840.270.450.840.630.6-0.840.640.80.90.79-0.530.81-0.23-0.740.73-0.76-0.11-0.740.230.380.86-0.26
-0.12-0.110.25-0.01-0.040.560.14-0.19-0.180.13-0.120.030.52-0.23-0.13-0.49-0.220.04-0.58-0.470.250.230.010.02-0.3
0.570.580.29-0.04-0.070.240.230.54-0.740.230.340.380.35-0.160.570.24-0.220.48-0.270.34-0.360.380.010.490.01
0.870.660.860.440.570.510.620.67-0.710.620.80.80.45-0.250.720.0-0.390.85-0.430.13-0.690.860.020.49-0.16
0.050.28-0.2-0.36-0.4-0.28-0.560.180.15-0.560.130.0-0.3-0.19-0.10.65-0.020.120.390.660.15-0.26-0.30.01-0.16
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Dow Account Relationship Matchups

Dow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.5B61.5B63.0B60.6B58.0B54.5B
Total Current Liabilities10.7B11.1B13.2B11.3B10.0B9.8B
Total Stockholder Equity13.5B12.4B18.2B20.7B18.6B17.2B
Net Tangible Assets986M175M6.5B9.6B11.1B8.1B
Retained Earnings17.0B16.4B20.6B23.2B21.8B24.4B
Accounts Payable3.9B3.8B5.6B4.9B4.5B6.3B
Cash2.4B5.1B3.0B3.9B3.0B3.9B
Non Current Assets Total43.7B42.4B42.1B40.1B40.4B36.6B
Non Currrent Assets Other1.9B1.7B1.9B2.0B3.0B3.2B
Cash And Short Term Investments2.4B5.1B3.0B3.9B3.0B3.9B
Net Receivables7.6B5.3B7.3B6.3B6.6B7.3B
Good Will8.8B8.9B8.8B8.6B8.6B9.4B
Long Term Debt Total16.0B16.5B14.3B14.7B13.2B14.1B
Liabilities And Stockholders Equity60.5B61.5B63.0B60.6B58.0B54.5B
Non Current Liabilities Total35.8B37.4B31.0B28.0B28.9B24.8B
Capital Surpluse7.3B7.6B8.2B8.5B9.8B5.8B
Inventory6.2B5.7B7.4B7.0B6.1B5.9B
Other Stockholder Equity6.7B6.9B6.5B4.7B4.5B4.7B
Total Liab46.4B48.5B44.3B39.4B38.9B34.6B
Deferred Long Term Liab789M1.2B1.5B1.3B1.5B1.1B
Long Term Investments4.0B4.1B5.2B4.4B4.0B4.9B
Property Plant And Equipment Gross23.1B22.1B59.0B59.3B61.5B37.5B
Total Current Assets16.8B19.1B20.8B20.5B17.6B17.9B
Non Current Liabilities Other6.5B7.3B7.5B7.4B7.6B9.9B
Short Term Debt1.4B1.4B1.0B1.3B954M1.2B
Intangible Assets3.8B3.4B2.9B2.4B2.1B3.4B
Property Plant Equipment23.1B22.1B22.0B21.7B24.9B22.3B
Short Term Investments21M45M245M939M1.7B1.8B
Other Current Assets658M3.0B3.2B3.3B1.9B1.3B
Other Liab17.9B19.2B15.6B12.3B11.1B12.8B
Long Term Debt15.6B16.5B14.3B14.7B14.0B13.6B
Short Long Term Debt1.0B616M392M724M179M170.1M

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