GRAIL, Total Operating Expenses vs Net Income Analysis
| GRAL Stock | 16.51 0.13 0.79% |
GRAIL, LLC financial indicator trend analysis is much more than just examining GRAIL, LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GRAIL, LLC is a good investment. Please check the relationship between GRAIL, LLC Total Operating Expenses and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GRAIL, LLC. 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. For more information on how to buy GRAIL, Stock please use our How to buy in GRAIL, Stock guide.
Total Operating Expenses vs Net Income
Total Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GRAIL, LLC Total Operating Expenses account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between GRAIL, LLC's Total Operating Expenses and Net Income is -0.51. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of GRAIL, LLC, assuming nothing else is changed. The correlation between historical values of GRAIL, LLC's Total Operating Expenses and Net 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 Total Operating Expenses of GRAIL, LLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Operating Expenses i.e., GRAIL, LLC's Total Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.51 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in GRAIL, LLC financial statement analysis. It represents the amount of money remaining after all of GRAIL, LLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from GRAIL, LLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GRAIL, LLC 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 GRAIL, LLC. 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. For more information on how to buy GRAIL, Stock please use our How to buy in GRAIL, Stock guide.Tax Provision is expected to rise to about (212.8 M) this year. The value of Selling General Administrative is expected to slide to about 165.8 M
| 2010 | 2020 | 2023 | 2024 (projected) | Interest Income | 12.4M | 1.7M | 8.0M | 5.9M | Net Interest Income | 12.4M | 1.7M | 8.0M | 5.9M |
GRAIL, LLC fundamental ratios Correlations
Click cells to compare fundamentals
GRAIL, LLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GRAIL, LLC. If investors know GRAIL, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GRAIL, LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (58.29) | Revenue Per Share 3.544 | Quarterly Revenue Growth 0.383 |
The market value of GRAIL, LLC is measured differently than its book value, which is the value of GRAIL, that is recorded on the company's balance sheet. Investors also form their own opinion of GRAIL, LLC's value that differs from its market value or its book value, called intrinsic value, which is GRAIL, LLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GRAIL, LLC's market value can be influenced by many factors that don't directly affect GRAIL, LLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GRAIL, LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if GRAIL, LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GRAIL, LLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.