EBAY Stock | | | USD 64.99 1.75 2.77% |
EBay financial indicator trend analysis is much more than just examining eBay Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether eBay Inc is a good investment. Please check the relationship between EBay Gross Profit and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eBay 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 nation.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
eBay Inc Gross Profit account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between EBay's Gross Profit and Operating Income is 0.71. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of eBay Inc, assuming nothing else is changed. The correlation between historical values of EBay's Gross Profit and Operating 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 eBay Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., EBay's Gross Profit and Operating 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 eBay Inc minus its cost of goods sold. It is profit before EBay 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.
Operating Income
Operating Income is the amount of profit realized from eBay Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of eBay Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from EBay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into eBay 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 eBay 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 nation.
At this time, EBay's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 978.6
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 5.5
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 7.8B | 7.1B | 7.3B | 6.1B | Total Revenue | 10.4B | 9.8B | 10.1B | 8.2B |
EBay fundamental ratios Correlations
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EBay Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EBay fundamental ratios Accounts
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Additional Tools for EBay Stock Analysis
When running EBay's price analysis, check to
measure EBay'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 EBay is operating at the current time. Most of EBay's value examination focuses on studying past and present price action to
predict the probability of EBay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EBay's price. Additionally, you may evaluate how the addition of EBay to your portfolios can decrease your overall portfolio volatility.