Monte Selling And Marketing Expenses vs Gross Profit Analysis

MONTECARLO   838.60  25.35  3.12%   
Monte Carlo financial indicator trend analysis is infinitely more than just investigating Monte Carlo Fashions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monte Carlo Fashions is a good investment. Please check the relationship between Monte Carlo Selling And Marketing Expenses and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monte Carlo Fashions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Selling And Marketing Expenses vs Gross Profit

Selling And Marketing Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monte Carlo Fashions Selling And Marketing Expenses account and Gross Profit. At this time, the significance of the direction appears to have very week relationship.
The correlation between Monte Carlo's Selling And Marketing Expenses and Gross Profit is 0.26. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Monte Carlo Fashions, assuming nothing else is changed. The correlation between historical values of Monte Carlo's Selling And Marketing Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Monte Carlo Fashions are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling And Marketing Expenses i.e., Monte Carlo's Selling And Marketing Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling And Marketing Expenses

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Monte Carlo Fashions minus its cost of goods sold. It is profit before Monte Carlo 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.
Most indicators from Monte Carlo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monte Carlo Fashions 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monte Carlo Fashions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Selling General Administrative is expected to grow to about 58.5 M. The current year's Tax Provision is expected to grow to about 316 M
 2021 2022 2023 2024 (projected)
Gross Profit3.8B5.2B4.0B3.3B
Total Revenue9.0B11.2B10.6B7.7B

Monte Carlo fundamental ratios Correlations

0.780.720.980.970.960.870.60.75-0.740.960.110.410.410.97-0.530.760.780.980.25-0.170.980.990.77-0.60.81
0.780.870.770.710.790.960.860.53-0.470.8-0.10.260.370.68-0.890.460.970.770.14-0.080.810.750.98-0.860.98
0.720.870.710.660.740.820.730.3-0.350.73-0.220.410.450.56-0.730.430.850.74-0.150.010.740.690.85-0.690.83
0.980.770.710.930.920.830.560.72-0.660.950.030.350.330.95-0.470.650.750.980.2-0.090.990.970.78-0.570.81
0.970.710.660.930.920.850.530.74-0.850.910.250.450.430.97-0.520.840.720.940.25-0.160.910.980.71-0.60.76
0.960.790.740.920.920.860.580.73-0.670.970.150.420.380.89-0.580.690.840.910.35-0.250.950.920.74-0.610.78
0.870.960.820.830.850.860.790.65-0.70.860.10.350.380.82-0.860.640.940.840.24-0.110.850.850.95-0.870.97
0.60.860.730.560.530.580.790.39-0.290.56-0.270.240.570.46-0.80.460.840.570.08-0.330.630.60.83-0.690.81
0.750.530.30.720.740.730.650.39-0.680.680.260.40.460.79-0.340.740.610.630.5-0.390.730.760.47-0.460.55
-0.74-0.47-0.35-0.66-0.85-0.67-0.7-0.29-0.68-0.66-0.57-0.44-0.25-0.840.44-0.84-0.48-0.66-0.40.14-0.62-0.76-0.480.56-0.57
0.960.80.730.950.910.970.860.560.68-0.660.080.430.240.91-0.560.60.80.940.27-0.110.970.910.78-0.620.81
0.11-0.1-0.220.030.250.150.1-0.270.26-0.570.08-0.15-0.050.28-0.060.39-0.040.010.280.120.00.13-0.1-0.19-0.01
0.410.260.410.350.450.420.350.240.4-0.440.43-0.150.340.33-0.190.50.310.330.05-0.280.360.390.22-0.230.25
0.410.370.450.330.430.380.380.570.46-0.250.24-0.050.340.3-0.260.720.450.32-0.09-0.50.380.480.28-0.220.3
0.970.680.560.950.970.890.820.460.79-0.840.910.280.330.3-0.460.760.680.930.33-0.110.920.970.69-0.590.75
-0.53-0.89-0.73-0.47-0.52-0.58-0.86-0.8-0.340.44-0.56-0.06-0.19-0.26-0.46-0.34-0.87-0.48-0.220.09-0.52-0.5-0.850.94-0.86
0.760.460.430.650.840.690.640.460.74-0.840.60.390.50.720.76-0.340.520.650.24-0.40.650.810.42-0.410.49
0.780.970.850.750.720.840.940.840.61-0.480.8-0.040.310.450.68-0.870.520.740.28-0.260.810.750.91-0.830.92
0.980.770.740.980.940.910.840.570.63-0.660.940.010.330.320.93-0.480.650.740.15-0.070.970.970.79-0.540.81
0.250.14-0.150.20.250.350.240.080.5-0.40.270.280.05-0.090.33-0.220.240.280.15-0.660.240.230.04-0.220.12
-0.17-0.080.01-0.09-0.16-0.25-0.11-0.33-0.390.14-0.110.12-0.28-0.5-0.110.09-0.4-0.26-0.07-0.66-0.18-0.20.07-0.030.02
0.980.810.740.990.910.950.850.630.73-0.620.970.00.360.380.92-0.520.650.810.970.24-0.180.960.79-0.580.82
0.990.750.690.970.980.920.850.60.76-0.760.910.130.390.480.97-0.50.810.750.970.23-0.20.960.75-0.580.79
0.770.980.850.780.710.740.950.830.47-0.480.78-0.10.220.280.69-0.850.420.910.790.040.070.790.75-0.850.99
-0.6-0.86-0.69-0.57-0.6-0.61-0.87-0.69-0.460.56-0.62-0.19-0.23-0.22-0.590.94-0.41-0.83-0.54-0.22-0.03-0.58-0.58-0.85-0.88
0.810.980.830.810.760.780.970.810.55-0.570.81-0.010.250.30.75-0.860.490.920.810.120.020.820.790.99-0.88
Click cells to compare fundamentals

Monte Carlo Account Relationship Matchups

Monte Carlo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B9.4B11.2B15.0B15.2B9.8B
Short Long Term Debt Total1.2B1.2B1.6B3.3B3.8B4.0B
Other Current Liab3K467.3M868.8M1.1B1.2B1.2B
Total Current Liabilities2.6B2.3B3.3B5.4B5.2B2.9B
Total Stockholder Equity5.5B6.0B6.9B7.8B7.9B5.9B
Property Plant And Equipment Net2.3B2.3B2.3B2.9B3.3B2.2B
Net Debt1.2B1.2B1.6B3.3B3.8B4.0B
Retained Earnings678.8M1.3B2.1B3.0B3.2B3.3B
Accounts Payable1.7B1.4B1.4B1.9B1.4B1.1B
Cash13.4M4.4M4.2M17.1M14.8M14.1M
Non Current Assets Total3.0B2.6B3.1B4.3B5.3B3.0B
Non Currrent Assets Other1.2B2.2B90.9M209.3M692.8M845.1M
Other Assets226.9M174.3M782.7M306.4M352.4M301.7M
Cash And Short Term Investments1.1B2.1B2.1B2.0B1.3B1.6B
Net Receivables2.6B2.3B2.6B3.8B3.9B2.4B
Common Stock Shares Outstanding21.7M22.2M20.7M20.7M18.7M17.0M
Short Term Investments1.1B2.1B2.1B2.0B1.3B1.2B
Liabilities And Stockholders Equity9.1B9.4B11.2B15.0B15.2B9.8B
Non Current Liabilities Total1.1B1.0B1.1B1.8B2.0B2.1B
Inventory2.2B2.0B2.9B4.6B4.3B2.6B
Other Current Assets2.9B383.1M439.5M384.3M506M473.4M
Other Stockholder Equity(4.7B)747.0M(3.1B)747M4.6B4.8B
Total Liab3.7B3.3B4.3B7.2B7.2B3.9B
Total Current Assets6.1B6.8B8.1B10.6B9.8B6.8B
Accumulated Other Comprehensive Income(2.2B)3.8B3.8B3.8B6.9M6.6M
Short Term Debt300.5M346.5M732.5M2.2B2.5B2.7B
Other Liab199.6M196.5M256.2M624.4M718.1M754.0M
Net Tangible Assets5.4B6.0B6.9B7.7B8.8B5.9B
Current Deferred Revenue612.0M557.6M1.1B388.2M110M104.5M
Long Term Debt128.7M163.1M117.3M83.3M27M0.0
Short Long Term Debt200.5M184.8M601.0M2.0B2.2B2.3B
Intangible Assets5.8M3.6M21.9M73.7M59.7M62.7M
Property Plant Equipment2.3B2.3B2.3B2.9B3.4B2.2B
Long Term Debt Total867.0M836.8M824.5M1.1B1.3B1.4B
Net Invested Capital5.8B6.3B7.6B9.8B10.1B8.0B
Net Working Capital3.5B4.5B4.8B5.2B4.6B4.6B

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Other Information on Investing in Monte Stock

Balance Sheet is a snapshot of the financial position of Monte Carlo Fashions at a specified time, usually calculated after every quarter, six months, or one year. Monte Carlo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Monte Carlo and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Monte currently owns. An asset can also be divided into two categories, current and non-current.