Genworth Gross Profit vs Ebit Analysis

GNW Stock  USD 7.80  0.01  0.13%   
Genworth Financial financial indicator trend analysis is much more than just examining Genworth Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genworth Financial is a good investment. Please check the relationship between Genworth Financial Gross Profit and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.

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 Genworth Financial Gross Profit account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Genworth Financial's Gross Profit and Ebit is -0.09. 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 Genworth Financial, assuming nothing else is changed. The correlation between historical values of Genworth Financial'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 Genworth Financial 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., Genworth Financial's Gross Profit and Ebit go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Genworth Financial minus its cost of goods sold. It is profit before Genworth Financial 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 Genworth Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genworth Financial 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 Genworth Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.At this time, Genworth Financial's Discontinued Operations is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 7.30 in 2024, whereas Tax Provision is likely to drop slightly above 175.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue7.8B7.5B7.5B7.7B
Interest Expense160M106M118M112.1M

Genworth Financial fundamental ratios Correlations

0.90.720.760.820.270.13-0.390.20.220.21-0.82-0.64-0.13-0.210.19-0.390.730.350.050.680.030.15-0.740.08-0.16
0.90.840.860.670.410.29-0.29-0.030.410.01-0.6-0.63-0.26-0.35-0.1-0.150.840.280.240.64-0.210.01-0.830.27-0.33
0.720.840.990.380.570.55-0.33-0.10.69-0.15-0.46-0.44-0.38-0.53-0.30.070.810.250.290.53-0.54-0.01-0.990.28-0.33
0.760.860.990.450.520.54-0.33-0.020.65-0.08-0.55-0.46-0.33-0.47-0.3-0.050.810.310.220.59-0.490.04-0.990.23-0.3
0.820.670.380.45-0.08-0.160.080.16-0.180.23-0.79-0.590.060.130.18-0.590.480.41-0.040.670.370.12-0.410.04-0.14
0.270.410.570.52-0.080.57-0.40.120.690.08-0.08-0.27-0.06-1.00.00.440.36-0.39-0.06-0.19-0.680.3-0.59-0.140.16
0.130.290.550.54-0.160.57-0.440.360.930.20.05-0.410.3-0.56-0.560.150.18-0.3-0.32-0.16-0.920.52-0.6-0.340.32
-0.39-0.29-0.33-0.330.08-0.4-0.44-0.49-0.5-0.30.220.37-0.160.39-0.260.0-0.170.20.230.070.37-0.430.380.31-0.33
0.2-0.03-0.1-0.020.160.120.36-0.490.140.9-0.43-0.370.82-0.110.31-0.52-0.22-0.22-0.94-0.24-0.060.93-0.04-0.930.89
0.220.410.690.65-0.180.690.93-0.50.140.020.09-0.410.05-0.67-0.450.40.35-0.31-0.07-0.14-0.960.34-0.71-0.120.13
0.210.01-0.15-0.080.230.080.2-0.30.90.02-0.41-0.310.76-0.070.41-0.46-0.19-0.22-0.88-0.240.050.860.02-0.870.84
-0.82-0.6-0.46-0.55-0.79-0.080.050.22-0.430.09-0.410.36-0.040.03-0.320.71-0.5-0.50.22-0.67-0.3-0.280.530.17-0.07
-0.64-0.63-0.44-0.46-0.59-0.27-0.410.37-0.37-0.41-0.310.36-0.380.220.00.18-0.420.080.26-0.170.26-0.440.480.23-0.18
-0.13-0.26-0.38-0.330.06-0.060.3-0.160.820.050.76-0.04-0.380.050.13-0.32-0.53-0.49-0.91-0.49-0.060.860.27-0.890.87
-0.21-0.35-0.53-0.470.13-1.0-0.560.39-0.11-0.67-0.070.030.220.050.0-0.47-0.310.420.070.240.68-0.290.540.15-0.18
0.19-0.1-0.3-0.30.180.0-0.56-0.260.31-0.450.41-0.320.00.130.0-0.07-0.11-0.11-0.25-0.190.530.20.27-0.310.34
-0.39-0.150.07-0.05-0.590.440.150.0-0.520.4-0.460.710.18-0.32-0.47-0.07-0.06-0.550.39-0.56-0.53-0.280.00.29-0.18
0.730.840.810.810.480.360.18-0.17-0.220.35-0.19-0.5-0.42-0.53-0.31-0.11-0.060.580.420.68-0.19-0.24-0.770.43-0.49
0.350.280.250.310.41-0.39-0.30.2-0.22-0.31-0.22-0.50.08-0.490.42-0.11-0.550.580.380.840.42-0.47-0.220.45-0.53
0.050.240.290.22-0.04-0.06-0.320.23-0.94-0.07-0.880.220.26-0.910.07-0.250.390.420.380.450.07-0.94-0.150.99-0.96
0.680.640.530.590.67-0.19-0.160.07-0.24-0.14-0.24-0.67-0.17-0.490.24-0.19-0.560.680.840.450.31-0.4-0.50.53-0.63
0.03-0.21-0.54-0.490.37-0.68-0.920.37-0.06-0.960.05-0.30.26-0.060.680.53-0.53-0.190.420.070.31-0.290.550.12-0.15
0.150.01-0.010.040.120.30.52-0.430.930.340.86-0.28-0.440.86-0.290.2-0.28-0.24-0.47-0.94-0.4-0.29-0.11-0.940.92
-0.74-0.83-0.99-0.99-0.41-0.59-0.60.38-0.04-0.710.020.530.480.270.540.270.0-0.77-0.22-0.15-0.50.55-0.11-0.150.21
0.080.270.280.230.04-0.14-0.340.31-0.93-0.12-0.870.170.23-0.890.15-0.310.290.430.450.990.530.12-0.94-0.15-0.99
-0.16-0.33-0.33-0.3-0.140.160.32-0.330.890.130.84-0.07-0.180.87-0.180.34-0.18-0.49-0.53-0.96-0.63-0.150.920.21-0.99
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Genworth Financial Account Relationship Matchups

Genworth Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets101.3B105.7B99.2B86.4B90.8B84.5B
Short Long Term Debt Total4.0B4.5B1.9B1.6B1.6B1.5B
Other Current Liab(6.1B)(5.3B)(5.0B)(4.2B)(10M)(9.5M)
Total Current Liabilities(5.7B)(4.3B)(5.0B)(4.2B)(18.4B)(17.4B)
Total Stockholder Equity14.2B15.3B15.5B10.0B7.5B10.8B
Net Debt247M(77.0B)(72.6B)(59.8B)(631M)(662.6M)
Other Assets(42.1B)(60.4B)(53.8B)84.4B20.9B19.8B
Common Stock Shares Outstanding509.7M511.6M514.7M510.9M474.9M537.1M
Liabilities And Stockholders Equity101.3B105.7B99.2B86.4B90.8B84.5B
Other Stockholder Equity9.3B9.3B9.2B9.1B8.8B7.7B
Total Liab3.6B3.5B1.9B75.7B82.5B64.7B
Accumulated Other Comprehensive Income3.4B4.4B3.9B(2.2B)(2.6B)(2.4B)
Non Current Liabilities Total3.6B3.5B1.9B75.7B82.5B86.6B
Other Liab79.7B72.0B68.5B72.0B82.8B86.9B
Retained Earnings1.5B1.6B2.5B3.1B1.2B1.9B
Cash3.3B80.6B74.5B61.4B2.2B2.1B
Non Current Assets Total62.4B68.7B61.6B241M67.7B39.4B
Non Currrent Assets Other(62.4B)(68.7B)(61.6B)(47.5B)64.5B67.8B
Long Term Debt3.6B3.5B1.9B1.6B1.6B1.5B
Cash And Short Term Investments63.9B80.6B74.5B61.4B3.6B3.4B
Net Receivables17.1B16.8B16.8B16.4B19.0B17.5B
Short Term Investments60.6B66.3B60.7B46.6B1.4B1.3B
Total Current Assets81.0B97.4B91.3B1.8B2.2B2.1B
Intangible Assets196M200M143M241M198M188.1M
Other Current Assets5.4B3.2B3.7B3.7B4.2B4.4B
Property Plant And Equipment Net62.0B68.6B61.6B59.2B68.1B71.5B
Accounts Payable449M11.8B11.8B525M472.5M448.9M
Noncontrolling Interest In Consolidated Entity1.9B1.7B502M756M680.4M646.4M
Retained Earnings Total Equity1.1B1.1B1.6B2.5B2.2B3.0B

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