Nisun Gross Profit vs Cost Of Revenue Analysis
NISN Stock | USD 8.22 0.31 3.63% |
Nisun International financial indicator trend analysis is infinitely more than just investigating Nisun International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nisun International is a good investment. Please check the relationship between Nisun International Gross Profit and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nisun International Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nisun International Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nisun International's Gross Profit and Cost Of Revenue is 0.86. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Nisun International Enterprise, assuming nothing else is changed. The correlation between historical values of Nisun International's Gross Profit and Cost Of 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 Gross Profit of Nisun International Enterprise are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., Nisun International's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Nisun International Enterprise minus its cost of goods sold. It is profit before Nisun International 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.Cost Of Revenue
Cost of Revenue is found on Nisun International income statement and represents the costs associated with goods and services Nisun International provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Nisun International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nisun International 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 Nisun International Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Nisun International's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 6.1 M, though Discontinued Operations is likely to grow to (19.6 M).
2021 | 2023 | 2024 (projected) | Interest Expense | 2.5M | 2.8M | 3.1M | Depreciation And Amortization | 1.2M | 1.3M | 1.1M |
Nisun International fundamental ratios Correlations
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Nisun International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nisun International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 84.8M | 108.1M | 274.0M | 283.4M | 325.9M | 342.2M | |
Short Long Term Debt Total | 4.0M | 11.9M | 11.8M | 11.9M | 13.7M | 14.4M | |
Other Current Liab | 22.4M | 23.3M | 64.9M | 36.5M | 27.7M | 23.9M | |
Total Current Liabilities | 28.2M | 26.8M | 88.7M | 90.5M | 104.0M | 109.2M | |
Total Stockholder Equity | 53.9M | 76.8M | 180.6M | 185.6M | 213.5M | 224.2M | |
Property Plant And Equipment Net | 13.8M | 2.1M | 943.6K | 4.1M | 3.7M | 7.0M | |
Current Deferred Revenue | 1.3M | 11.6K | 3.4M | 21.8M | 25.1M | 26.4M | |
Net Debt | 508.1K | (10.2M) | (79.6M) | (52.0M) | (46.8M) | (44.5M) | |
Retained Earnings | 27.5M | 14.4M | 37.8M | 62.4M | 53.2M | 31.1M | |
Accounts Payable | 2.4M | 1.3M | 35.0M | 40.9M | 47.1M | 49.4M | |
Cash | 3.5M | 22.1M | 91.4M | 63.9M | 73.5M | 77.2M | |
Non Current Assets Total | 41.1M | 47.7M | 46.2M | 52.5M | 60.4M | 31.7M | |
Non Currrent Assets Other | 46.1K | 43.6K | 5.4M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 3.5M | 26.8M | 132.1M | 75.6M | 86.9M | 91.3M | |
Net Receivables | 36.1M | 32.5M | 78.3M | 62.4M | 18.9M | 31.8M | |
Common Stock Shares Outstanding | 1.6M | 1.9M | 2.2M | 4.0M | 4.0M | 4.2M | |
Liabilities And Stockholders Equity | 84.8M | 108.1M | 274.0M | 283.4M | 325.9M | 342.2M | |
Inventory | 636.0K | 62.9K | 4.0M | 31.6M | 36.4M | 38.2M | |
Other Current Assets | 3.5M | 971.8K | 13.4M | 61.3M | 104.8M | 110.0M | |
Other Stockholder Equity | 28.4M | 59.5M | 130.2M | 130.1M | 149.7M | 157.2M | |
Total Liab | 30.9M | 28.2M | 89.4M | 93.6M | 107.7M | 113.0M | |
Total Current Assets | 43.7M | 60.4M | 227.8M | 230.9M | 265.5M | 278.8M | |
Accumulated Other Comprehensive Income | (1.9M) | 3.6M | 50.4M | 55.4M | 63.8M | 66.9M | |
Short Term Debt | 2.1M | 11.3M | 11.7M | 9.5M | 10.9M | 11.4M | |
Common Stock | 17.7K | 20.6K | 39.8K | 40.1K | 46.1K | 48.4K | |
Net Tangible Assets | 38.7M | 47.9M | 152.0M | 160.0M | 184.0M | 193.2M | |
Other Assets | (1.0) | 24.5M | 456.4K | 310.6K | 357.2K | 339.3K | |
Non Current Liabilities Total | 2.6M | 1.4M | 653.0K | 3.2M | 3.6M | 3.8M | |
Short Long Term Debt | 1.9M | 10.5M | 11.3M | 8.5M | 2.0M | 1.9M | |
Property Plant Equipment | 789.7K | 2.1M | 943.6K | 4.1M | 3.7M | 5.3M | |
Net Invested Capital | 55.9M | 87.4M | 191.9M | 194.1M | 200.8M | 127.8M | |
Net Working Capital | 15.5M | 33.6M | 139.1M | 140.4M | 182.2M | 191.3M | |
Short Term Investments | 0.0 | 4.7M | 40.7M | 11.7M | 13.5M | 12.6M | |
Long Term Investments | 3.7M | 16.2M | 16.6M | 22.5M | 368.5K | 350.1K | |
Capital Stock | 17.7K | 20.6K | 39.8K | 40.1K | 40.2K | 32.0K |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nisun International Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Asset Management & Custody Banks 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 Nisun International. If investors know Nisun 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 Nisun International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Earnings Share 4.2 | Revenue Per Share 114.548 | Quarterly Revenue Growth 0.517 | Return On Assets 0.0514 |
The market value of Nisun International is measured differently than its book value, which is the value of Nisun that is recorded on the company's balance sheet. Investors also form their own opinion of Nisun International's value that differs from its market value or its book value, called intrinsic value, which is Nisun International'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 Nisun International's market value can be influenced by many factors that don't directly affect Nisun International'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 Nisun International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nisun International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nisun International'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.