Pyxis Gross Profit vs Operating Income Analysis

PXS Stock

USD 3.89 0.05 1.27%

Pyxis Tankers financial indicator trend analysis is much more than just breaking down Pyxis Tankers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pyxis Tankers is a good investment. Please check the relationship between Pyxis Tankers Gross Profit and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyxis Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Tankers guide.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pyxis Tankers Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Pyxis Tankers' Gross Profit and Operating Income is 0.94. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Pyxis Tankers, assuming nothing else is changed. The correlation between historical values of Pyxis Tankers' Gross Profit 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 Gross Profit of Pyxis Tankers 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 Gross Profit i.e., Pyxis Tankers' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Pyxis Tankers minus its cost of goods sold. It is profit before Pyxis Tankers 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.

Operating Income

Operating Income is the amount of profit realized from Pyxis Tankers 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 Pyxis Tankers 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 Pyxis Tankers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pyxis Tankers 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 Pyxis Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Tankers guide.At this time, Pyxis Tankers' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 1.77 in 2025, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	4.4M	5.8M	6.7M	3.9M
Depreciation And Amortization	6.5M	5.9M	6.8M	6.0M

Interest Expense Depreciation And Amortization

Pyxis Tankers fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		-0.08	0.08	-0.01	0.92	0.71	0.19	0.23	-0.48	0.48	-0.47	0.67	0.15	-0.21	-0.65	-0.1	0.66	0.41	-0.08	0.64	-0.1	0.17	0.06	0.44	-0.08	-0.07
Short Long Term Debt Total	-0.08		0.35	0.47	-0.33	0.36	0.84	0.36	0.85	-0.01	-0.29	-0.64	0.86	0.11	0.55	0.98	-0.66	-0.14	-0.13	-0.69	0.98	0.01	0.48	-0.39	0.9	-0.24
Other Current Liab	0.08	0.35		0.91	-0.17	0.2	0.62	-0.29	0.41	0.47	-0.55	-0.37	0.56	-0.26	-0.2	0.32	-0.37	0.39	-0.18	-0.37	0.32	-0.56	0.09	-0.6	0.7	0.09
Total Current Liabilities	-0.01	0.47	0.91		-0.31	0.06	0.57	-0.02	0.49	0.2	-0.28	-0.42	0.5	-0.38	0.01	0.38	-0.42	0.19	0.06	-0.43	0.38	-0.4	0.31	-0.49	0.79	0.06
Total Stockholder Equity	0.92	-0.33	-0.17	-0.31		0.64	-0.08	0.12	-0.66	0.37	-0.34	0.76	-0.1	-0.11	-0.68	-0.33	0.75	0.39	-0.06	0.74	-0.33	0.24	-0.1	0.59	-0.39	-0.06
Net Tangible Assets	0.71	0.36	0.2	0.06	0.64		0.6	0.18	0.05	0.43	-0.7	0.12	0.61	0.12	-0.34	0.39	0.1	0.56	-0.38	0.08	0.39	0.2	0.03	0.13	0.29	-0.34
Property Plant And Equipment Net	0.19	0.84	0.62	0.57	-0.08	0.6		0.11	0.69	0.45	-0.64	-0.49	0.98	0.02	0.19	0.87	-0.5	0.23	-0.48	-0.52	0.87	-0.22	0.16	-0.54	0.88	-0.24
Current Deferred Revenue	0.23	0.36	-0.29	-0.02	0.12	0.18	0.11		0.06	-0.3	0.19	0.14	0.09	-0.27	0.23	0.3	0.11	-0.04	0.34	0.06	0.3	0.53	0.38	0.38	0.19	0.03
Net Debt	-0.48	0.85	0.41	0.49	-0.66	0.05	0.69	0.06		-0.11	-0.15	-0.94	0.73	0.24	0.72	0.86	-0.95	-0.17	-0.2	-0.95	0.86	-0.18	0.26	-0.62	0.83	-0.2
Retained Earnings	0.48	-0.01	0.47	0.2	0.37	0.43	0.45	-0.3	-0.11		-0.77	0.17	0.43	0.11	-0.5	0.05	0.19	0.29	-0.75	0.23	0.05	-0.62	-0.52	-0.51	0.14	-0.23
Accounts Payable	-0.47	-0.29	-0.55	-0.28	-0.34	-0.7	-0.64	0.19	-0.15	-0.77		0.03	-0.66	-0.21	0.45	-0.33	0.03	-0.46	0.52	0.03	-0.33	0.38	0.14	0.39	-0.37	0.18
Cash	0.67	-0.64	-0.37	-0.42	0.76	0.12	-0.49	0.14	-0.94	0.17	0.03		-0.54	-0.28	-0.71	-0.67	1.0	0.16	0.2	0.99	-0.67	0.28	-0.09	0.67	-0.67	0.14
Non Current Assets Total	0.15	0.86	0.56	0.5	-0.1	0.61	0.98	0.09	0.73	0.43	-0.66	-0.54		0.19	0.21	0.89	-0.54	0.18	-0.51	-0.55	0.89	-0.2	0.16	-0.55	0.86	-0.35
Non Currrent Assets Other	-0.21	0.11	-0.26	-0.38	-0.11	0.12	0.02	-0.27	0.24	0.11	-0.21	-0.28	0.19		0.13	0.17	-0.26	-0.29	-0.41	-0.23	0.17	-0.03	-0.12	-0.22	-0.09	-0.68
Other Assets	-0.65	0.55	-0.2	0.01	-0.68	-0.34	0.19	0.23	0.72	-0.5	0.45	-0.71	0.21	0.13		0.56	-0.72	-0.57	0.03	-0.72	0.56	0.07	0.17	-0.27	0.38	-0.09
Long Term Debt	-0.1	0.98	0.32	0.38	-0.33	0.39	0.87	0.3	0.86	0.05	-0.33	-0.67	0.89	0.17	0.56		-0.68	-0.08	-0.26	-0.71	1.0	-0.03	0.35	-0.44	0.87	-0.22
Cash And Short Term Investments	0.66	-0.66	-0.37	-0.42	0.75	0.1	-0.5	0.11	-0.95	0.19	0.03	1.0	-0.54	-0.26	-0.72	-0.68		0.15	0.18	1.0	-0.68	0.24	-0.11	0.64	-0.68	0.13
Net Receivables	0.41	-0.14	0.39	0.19	0.39	0.56	0.23	-0.04	-0.17	0.29	-0.46	0.16	0.18	-0.29	-0.57	-0.08	0.15		-0.2	0.12	-0.08	0.13	-0.24	0.09	0.05	0.17
Common Stock Shares Outstanding	-0.08	-0.13	-0.18	0.06	-0.06	-0.38	-0.48	0.34	-0.2	-0.75	0.52	0.2	-0.51	-0.41	0.03	-0.26	0.18	-0.2		0.14	-0.26	0.43	0.71	0.61	-0.14	0.48
Short Term Investments	0.64	-0.69	-0.37	-0.43	0.74	0.08	-0.52	0.06	-0.95	0.23	0.03	0.99	-0.55	-0.23	-0.72	-0.71	1.0	0.12	0.14		-0.71	0.19	-0.16	0.6	-0.7	0.11
Non Current Liabilities Total	-0.1	0.98	0.32	0.38	-0.33	0.39	0.87	0.3	0.86	0.05	-0.33	-0.67	0.89	0.17	0.56	1.0	-0.68	-0.08	-0.26	-0.71		-0.03	0.35	-0.44	0.87	-0.22
Inventory	0.17	0.01	-0.56	-0.4	0.24	0.2	-0.22	0.53	-0.18	-0.62	0.38	0.28	-0.2	-0.03	0.07	-0.03	0.24	0.13	0.43	0.19	-0.03		0.44	0.77	-0.23	-0.16
Other Current Assets	0.06	0.48	0.09	0.31	-0.1	0.03	0.16	0.38	0.26	-0.52	0.14	-0.09	0.16	-0.12	0.17	0.35	-0.11	-0.24	0.71	-0.16	0.35	0.44		0.34	0.4	0.07
Other Stockholder Equity	0.44	-0.39	-0.6	-0.49	0.59	0.13	-0.54	0.38	-0.62	-0.51	0.39	0.67	-0.55	-0.22	-0.27	-0.44	0.64	0.09	0.61	0.6	-0.44	0.77	0.34		-0.56	0.15
Total Liab	-0.08	0.9	0.7	0.79	-0.39	0.29	0.88	0.19	0.83	0.14	-0.37	-0.67	0.86	-0.09	0.38	0.87	-0.68	0.05	-0.14	-0.7	0.87	-0.23	0.4	-0.56		-0.11
Deferred Long Term Liab	-0.07	-0.24	0.09	0.06	-0.06	-0.34	-0.24	0.03	-0.2	-0.23	0.18	0.14	-0.35	-0.68	-0.09	-0.22	0.13	0.17	0.48	0.11	-0.22	-0.16	0.07	0.15	-0.11

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Pyxis Tankers Account Relationship Matchups

Pyxis Tankers fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	93.2M	142.6M	139.0M	166.3M	191.3M	143.2M
Short Long Term Debt Total	58.6M	82.6M	70.9M	61.0M	54.9M	56.3M
Other Current Liab	677K	8.1M	2.0M	1.6M	1.5M	1.4M
Total Current Liabilities	8.3M	22.8M	12.6M	10.1M	9.1M	11.6M
Total Stockholder Equity	29.6M	48.9M	61.4M	96.5M	111.0M	56.8M
Net Tangible Assets	32M	29.6M	48.9M	61.4M	55.2M	37.7M
Property Plant And Equipment Net	83.8M	119.7M	114.2M	101.9M	91.7M	88.6M
Current Deferred Revenue	1.4M	726K	2.1M	1.2M	1.3M	1.5M
Net Debt	57.0M	76.4M	63.3M	26.4M	23.8M	22.6M
Retained Earnings	(50.2M)	(63.0M)	(50.5M)	(14.3M)	(12.8M)	(13.5M)
Accounts Payable	3.6M	3.1M	2.6M	1.7M	1.9M	2.8M
Cash	1.6M	6.2M	7.6M	34.5M	39.7M	41.7M
Non Current Assets Total	87.8M	123.5M	117.8M	105.4M	94.9M	92.7M
Non Currrent Assets Other	1.6M	912K	794K	1.7M	1.5M	1.5M
Other Assets	4.0M	3.7M	3.0M	1.0	0.9	0.86
Long Term Debt	55.3M	70.9M	65.0M	55.4M	49.8M	51.0M
Cash And Short Term Investments	1.6M	6.2M	7.6M	54.5M	62.7M	65.9M
Net Receivables	3.0M	1.7M	11.1M	5.2M	5.9M	3.8M
Common Stock Shares Outstanding	21.5M	36.0M	12.6M	12.6M	14.5M	13.2M
Liabilities And Stockholders Equity	93.2M	142.6M	139.0M	166.3M	191.3M	143.2M
Non Current Liabilities Total	55.3M	70.9M	65.0M	55.4M	49.8M	51.0M
Inventory	681K	1.6M	1.9M	957K	1.1M	1.1M
Other Current Assets	133K	9.6M	580K	226K	259.9K	246.9K
Other Stockholder Equity	79.7M	111.8M	111.9M	110.8M	127.4M	90.6M
Total Liab	63.6M	93.7M	77.6M	65.5M	58.9M	62.6M
Deferred Long Term Liab	779K	1.6M	912K	794K	913.1K	797.4K
Property Plant And Equipment Gross	83.8M	119.7M	114.2M	122.0M	140.3M	119.9M
Short Long Term Debt	3.3M	11.7M	5.8M	5.6M	5.0M	4.8M
Total Current Assets	5.4M	19.1M	21.1M	60.9M	70.0M	73.5M
Short Term Debt	3.3M	11.7M	5.8M	5.6M	6.4M	7.3M
Property Plant Equipment	87.5M	83.8M	119.7M	114.2M	102.8M	90.4M
Net Invested Capital	88.1M	131.4M	132.2M	157.5M	181.1M	130.7M
Net Working Capital	(2.9M)	(3.7M)	8.6M	50.8M	58.4M	61.3M

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