Virgin Net Income vs Total Revenue Analysis
GROV Stock | USD 1.55 0.04 2.65% |
Virgin Group financial indicator trend analysis is much more than just breaking down Virgin Group Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virgin Group Acquisition is a good investment. Please check the relationship between Virgin Group Net Income and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Virgin Group Acquisition. 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.
Net Income vs Total Revenue
Net Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Group Acquisition Net Income account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Virgin Group's Net Income and Total Revenue is -0.17. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Virgin Group Acquisition, assuming nothing else is changed. The correlation between historical values of Virgin Group's Net Income 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 Net Income of Virgin Group Acquisition 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 Net Income i.e., Virgin Group's Net Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Virgin Group Acquisition financial statement analysis. It represents the amount of money remaining after all of Virgin Group Acquisition operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Revenue
Total revenue comprises all receipts Virgin Group Acquisition 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 Virgin Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virgin Group Acquisition 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 Virgin Group Acquisition. 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. At this time, Virgin Group's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.62 in 2024, whereas Tax Provision is likely to drop slightly above 38 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 188.5M | 154.7M | 137.4M | 122.0M | Total Revenue | 383.7M | 321.5M | 259.3M | 261.9M |
Virgin Group fundamental ratios Correlations
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Virgin Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Virgin Group's price analysis, check to measure Virgin Group'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 Virgin Group is operating at the current time. Most of Virgin Group's value examination focuses on studying past and present price action to predict the probability of Virgin Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virgin Group's price. Additionally, you may evaluate how the addition of Virgin Group to your portfolios can decrease your overall portfolio volatility.