| PILANIINVS | | | 6,182 31.15 0.50% |
Pilani Investment financial indicator trend analysis is much more than just breaking down Pilani Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pilani Investment is a good investment. Please check the relationship between Pilani Investment Gross Profit and its Net Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pilani Investment and. 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.
Gross Profit vs Net Income
Gross Profit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pilani Investment Gross Profit account and
Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Pilani Investment's Gross Profit and Net Income is 0.45. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Pilani Investment and, assuming nothing else is changed. The correlation between historical values of Pilani Investment's Gross Profit and Net 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 Gross Profit of Pilani Investment and are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Pilani Investment's Gross Profit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Pilani Investment and minus its cost of goods sold. It is profit before Pilani Investment 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Pilani Investment financial statement analysis. It represents the amount of money remaining after all of Pilani Investment and operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Pilani Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pilani Investment 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pilani Investment and. 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.
The Pilani Investment's current
Selling General Administrative is estimated to increase to about 2.1
M. The Pilani Investment's current
Tax Provision is estimated to increase to about 544.8
M | 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 2.2B | 2.1B | 2.8B | 3.0B | Total Revenue | 2.6B | 2.8B | 2.9B | 3.0B |
Pilani Investment fundamental ratios Correlations
Click cells to compare fundamentals
Pilani Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pilani Investment fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Pilani Stock
Balance Sheet is a snapshot of the
financial position of Pilani Investment at a specified time, usually calculated after every quarter, six months, or one year. Pilani Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pilani Investment 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 Pilani currently owns. An asset can also be divided into two categories, current and non-current.