GDOT Stock | | | USD 10.27 0.08 0.79% |
Green Dot financial indicator trend analysis is much more than just examining Green Dot latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Green Dot is a good investment. Please check the relationship between Green Dot Gross Profit and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Dot. 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.
For more information on how to buy Green Stock please use our
How to Invest in Green Dot guide.
Gross Profit vs Total Revenue
Gross Profit vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Green Dot Gross Profit account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Green Dot's Gross Profit and Total Revenue is 0.94. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Green Dot, assuming nothing else is changed. The correlation between historical values of Green Dot's Gross Profit and Total Revenue 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 Green Dot are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., Green Dot's Gross Profit and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Green Dot minus its cost of goods sold. It is profit before Green Dot 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.
Total Revenue
Total revenue comprises all receipts Green Dot generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Green Dot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Green Dot 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Dot. 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.
For more information on how to buy Green Stock please use our
How to Invest in Green Dot guide.At this time, Green Dot's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.28 in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(0.92).
Green Dot fundamental ratios Correlations
Click cells to compare fundamentals
Green Dot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Green Dot fundamental ratios Accounts
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Additional Tools for Green Stock Analysis
When running Green Dot's price analysis, check to
measure Green Dot'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 Green Dot is operating at the current time. Most of Green Dot's value examination focuses on studying past and present price action to
predict the probability of Green Dot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Dot's price. Additionally, you may evaluate how the addition of Green Dot to your portfolios can decrease your overall portfolio volatility.