| GILT Stock | | | USD 5.55 0.31 5.92% |
Gilat Satellite financial indicator trend analysis is much more than just examining Gilat Satellite Networks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gilat Satellite Networks is a good investment. Please check the relationship between Gilat Satellite Gross Profit and its Other Operating Expenses accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gilat Satellite Networks. 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 Other Operating Expenses
Gross Profit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gilat Satellite Networks Gross Profit account and
Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gilat Satellite's Gross Profit and Other Operating Expenses is 0.89. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Gilat Satellite Networks, assuming nothing else is changed. The correlation between historical values of Gilat Satellite's Gross Profit and Other Operating Expenses 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 Gilat Satellite Networks are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., Gilat Satellite's Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Gilat Satellite Networks minus its cost of goods sold. It is profit before Gilat Satellite 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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gilat Satellite Networks. It is also known as Gilat Satellite overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Gilat Satellite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gilat Satellite Networks 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 Gilat Satellite Networks. 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 this time, Gilat Satellite's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 16.9
M in 2024, whereas
Discontinued Operations is likely to drop (241.5
K) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 71.6M | 86.9M | 104.9M | 77.0M | Total Revenue | 218.8M | 239.8M | 266.1M | 233.6M |
Gilat Satellite fundamental ratios Correlations
Click cells to compare fundamentals
Gilat Satellite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gilat Satellite fundamental ratios Accounts
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Additional Tools for Gilat Stock Analysis
When running Gilat Satellite's price analysis, check to
measure Gilat Satellite'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 Gilat Satellite is operating at the current time. Most of Gilat Satellite's value examination focuses on studying past and present price action to
predict the probability of Gilat Satellite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gilat Satellite's price. Additionally, you may evaluate how the addition of Gilat Satellite to your portfolios can decrease your overall portfolio volatility.