Verde Ebitda vs Gross Profit Analysis

NPK Stock  CAD 0.63  0.02  3.28%   
Verde Agritech financial indicator trend analysis is much more than just breaking down Verde Agritech PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Verde Agritech PLC is a good investment. Please check the relationship between Verde Agritech Ebitda and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Verde Agritech PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ebitda vs Gross Profit

Ebitda vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verde Agritech PLC Ebitda account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Verde Agritech's Ebitda and Gross Profit is 0.93. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Verde Agritech PLC, assuming nothing else is changed. The correlation between historical values of Verde Agritech's Ebitda 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 Ebitda of Verde Agritech PLC 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 Ebitda i.e., Verde Agritech's Ebitda and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebitda

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Verde Agritech PLC minus its cost of goods sold. It is profit before Verde Agritech 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 Verde Agritech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Verde Agritech PLC 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 Verde Agritech PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Verde Agritech's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.46, though Tax Provision is likely to grow to (2.5 M).
 2021 2022 2023 2024 (projected)
Interest Expense457K3.2M6.8M7.2M
Depreciation And Amortization461K758K3.7M3.9M

Verde Agritech fundamental ratios Correlations

0.970.740.920.940.520.6-0.090.970.03-0.090.850.60.860.510.450.980.930.830.60.640.69-0.740.940.720.93
0.970.60.920.950.570.55-0.090.95-0.01-0.090.80.510.790.360.330.980.930.790.550.580.59-0.830.950.730.94
0.740.60.550.580.310.540.090.690.010.090.660.610.610.60.670.630.550.690.570.550.66-0.220.570.340.55
0.920.920.550.940.390.58-0.280.930.14-0.280.810.660.930.470.430.961.00.690.70.750.67-0.70.960.891.0
0.940.950.580.940.430.55-0.370.960.1-0.370.830.640.860.490.40.970.950.670.650.680.67-0.730.960.730.95
0.520.570.310.390.430.490.430.36-0.240.430.52-0.220.420.39-0.350.540.40.75-0.15-0.120.47-0.380.470.240.4
0.60.550.540.580.550.49-0.120.45-0.24-0.120.90.530.740.720.290.630.570.790.50.610.91-0.090.680.580.55
-0.09-0.090.09-0.28-0.370.43-0.12-0.25-0.341.0-0.25-0.55-0.33-0.28-0.28-0.17-0.270.29-0.45-0.5-0.28-0.02-0.26-0.23-0.26
0.970.950.690.930.960.360.45-0.250.16-0.250.770.650.820.440.50.950.940.670.640.670.59-0.770.910.70.94
0.03-0.010.010.140.1-0.24-0.24-0.340.16-0.34-0.14-0.010.120.10.220.030.13-0.290.090.03-0.08-0.030.050.030.14
-0.09-0.090.09-0.28-0.370.43-0.121.0-0.25-0.34-0.25-0.55-0.33-0.28-0.28-0.17-0.270.29-0.45-0.5-0.28-0.02-0.26-0.23-0.26
0.850.80.660.810.830.520.9-0.250.77-0.14-0.250.650.90.760.380.870.810.850.60.710.93-0.40.890.690.8
0.60.510.610.660.64-0.220.53-0.550.65-0.01-0.550.650.670.430.780.590.650.350.920.950.62-0.210.640.640.64
0.860.790.610.930.860.420.74-0.330.820.12-0.330.90.670.750.410.890.910.730.670.760.87-0.430.90.820.9
0.510.360.60.470.490.390.72-0.280.440.1-0.280.760.430.750.230.490.450.560.330.440.910.110.50.30.43
0.450.330.670.430.4-0.350.29-0.280.50.22-0.280.380.780.410.230.370.430.220.810.770.33-0.110.420.350.42
0.980.980.630.960.970.540.63-0.170.950.03-0.170.870.590.890.490.370.970.810.620.660.7-0.750.980.790.97
0.930.930.551.00.950.40.57-0.270.940.13-0.270.810.650.910.450.430.970.70.70.740.66-0.720.960.891.0
0.830.790.690.690.670.750.790.290.67-0.290.290.850.350.730.560.220.810.70.360.440.74-0.490.770.590.69
0.60.550.570.70.65-0.150.5-0.450.640.09-0.450.60.920.670.330.810.620.70.360.960.55-0.240.690.690.69
0.640.580.550.750.68-0.120.61-0.50.670.03-0.50.710.950.760.440.770.660.740.440.960.65-0.270.740.770.74
0.690.590.660.670.670.470.91-0.280.59-0.08-0.280.930.620.870.910.330.70.660.740.550.65-0.090.720.570.64
-0.74-0.83-0.22-0.7-0.73-0.38-0.09-0.02-0.77-0.03-0.02-0.4-0.21-0.430.11-0.11-0.75-0.72-0.49-0.24-0.27-0.09-0.7-0.55-0.73
0.940.950.570.960.960.470.68-0.260.910.05-0.260.890.640.90.50.420.980.960.770.690.740.72-0.70.820.96
0.720.730.340.890.730.240.58-0.230.70.03-0.230.690.640.820.30.350.790.890.590.690.770.57-0.550.820.89
0.930.940.551.00.950.40.55-0.260.940.14-0.260.80.640.90.430.420.971.00.690.690.740.64-0.730.960.89
Click cells to compare fundamentals

Verde Agritech Account Relationship Matchups

Verde Agritech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.6M28.7M41.4M97.3M96.2M101.0M
Total Current Liabilities1.5M2.3M9.4M28.8M40.0M42.0M
Total Stockholder Equity23.9M21.1M26.4M48.4M45.5M27.7M
Property Plant And Equipment Net29.0M22.8M23.7M65.1M68.2M71.6M
Net Debt(70K)1.2M4.1M37.2M39.2M41.2M
Retained Earnings(26.2M)(25.5M)(21.1M)(3.1M)(8.4M)(8.9M)
Accounts Payable179K262K2.6M3.1M1.2M710.1K
Cash666K2.2M1.5M1.2M7.0M4.5M
Non Current Assets Total29.0M22.8M23.7M65.1M73.1M76.7M
Non Currrent Assets Other29.0M(22.8M)(23.7M)2.1M1.9M1.5M
Cash And Short Term Investments666K2.2M1.5M1.2M7.0M4.5M
Net Receivables664K3.0M14.3M27.5M13.3M13.9M
Common Stock Shares Outstanding45.3M47.6M52.0M53.0M52.6M42.0M
Liabilities And Stockholders Equity31.6M28.7M41.4M97.3M96.2M101.0M
Non Current Liabilities Total6.2M5.2M5.7M20.2M10.7M11.2M
Other Current Assets974K194K753K7.9M382K362.9K
Other Stockholder Equity47.1M47.2M48.9M49.9M57.3M40.5M
Total Liab7.7M7.6M15.0M49.0M50.7M53.2M
Property Plant And Equipment Gross29.0M22.8M25.0M67.1M73.9M77.6M
Total Current Assets2.6M6.0M17.7M32.2M23.1M24.2M
Accumulated Other Comprehensive Income(16.2M)(20.7M)(22.0M)(19.0M)(16.6M)(17.4M)
Common Stock18.8M19.7M20.5M20.6M20.7M18.0M
Other Current Liab934K988K3.7M9.6M3.1M1.6M
Inventory293K567K1.1M2.5M2.4M2.6M
Net Tangible Assets23.8M23.9M21.1M26.4M30.3M31.8M
Property Plant Equipment29.0M22.8M23.7M65.1M74.9M78.7M
Capital Surpluse47.1M47.2M48.9M49.9M57.3M51.7M
Long Term Debt Total286K2.5M3.1M20.2M23.2M24.3M
Cash And Equivalents836K666K2.2M1.5M1.8M1.4M
Short Term Debt310K941K2.5M18.2M35.6M37.4M
Net Invested Capital24.2M23.7M29.4M86.5M91.7M47.9M
Net Working Capital1.1M3.6M8.3M3.4M(16.9M)(16.0M)
Short Long Term Debt Total596K3.5M5.6M38.4M46.2M48.5M
Long Term Debt286K2.5M3.1M20.0M10.5M6.7M
Short Long Term Debt310K941K2.5M18.1M35.6M37.4M
Capital Stock18.8M19.7M20.5M20.6M20.7M21.6M

Pair Trading with Verde Agritech

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Verde Agritech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Verde Agritech will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Verde Agritech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Verde Agritech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Verde Agritech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Verde Agritech PLC to buy it.
The correlation of Verde Agritech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Verde Agritech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Verde Agritech PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Verde Agritech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Verde Stock

Balance Sheet is a snapshot of the financial position of Verde Agritech PLC at a specified time, usually calculated after every quarter, six months, or one year. Verde Agritech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Verde Agritech 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 Verde currently owns. An asset can also be divided into two categories, current and non-current.