Samsara Total Operating Expenses vs Operating Income Analysis
| IOT Stock | USD 54.88 2.25 4.28% |
Samsara financial indicator trend analysis is much more than just breaking down Samsara prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Samsara is a good investment. Please check the relationship between Samsara Total Operating Expenses and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Samsara. 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 Samsara Stock please use our How to Invest in Samsara guide.
Total Operating Expenses vs Operating Income
Total Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Samsara Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Samsara's Total Operating Expenses and Operating Income is -0.83. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Samsara, assuming nothing else is changed. The correlation between historical values of Samsara's Total Operating Expenses and Operating 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 Samsara are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Samsara's Total Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.83 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
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.Operating Income
Operating Income is the amount of profit realized from Samsara operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Samsara is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Samsara's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Samsara 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 Samsara. 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 Samsara Stock please use our How to Invest in Samsara guide.Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 49.5M | 76.7M | 15.5M | 14.7M | Interest Income | 2K | 15.6M | 18.0M | 18.9M |
Samsara fundamental ratios Correlations
Click cells to compare fundamentals
Samsara Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Samsara Stock Analysis
When running Samsara's price analysis, check to measure Samsara'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 Samsara is operating at the current time. Most of Samsara's value examination focuses on studying past and present price action to predict the probability of Samsara's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Samsara's price. Additionally, you may evaluate how the addition of Samsara to your portfolios can decrease your overall portfolio volatility.