PYRAMID Gross Profit vs Total Operating Expenses Analysis
PYRAMID Stock | 206.18 1.23 0.59% |
PYRAMID TECHNOPLAST financial indicator trend analysis is much more than just breaking down PYRAMID TECHNOPLAST ORD prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PYRAMID TECHNOPLAST ORD is a good investment. Please check the relationship between PYRAMID TECHNOPLAST Gross Profit and its Total Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PYRAMID TECHNOPLAST ORD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PYRAMID TECHNOPLAST ORD Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PYRAMID TECHNOPLAST's Gross Profit and Total Operating Expenses is -0.13. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of PYRAMID TECHNOPLAST ORD, assuming nothing else is changed. The correlation between historical values of PYRAMID TECHNOPLAST's Gross Profit and Total Operating Expenses 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 PYRAMID TECHNOPLAST ORD are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., PYRAMID TECHNOPLAST's Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of PYRAMID TECHNOPLAST ORD minus its cost of goods sold. It is profit before PYRAMID TECHNOPLAST 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from PYRAMID TECHNOPLAST's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PYRAMID TECHNOPLAST ORD 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 PYRAMID TECHNOPLAST ORD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. The current year's Selling General Administrative is expected to grow to about 224 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 42.4M | 40.5M | 23.4M | 33.6M | Depreciation And Amortization | 42.2M | 49.3M | 63.5M | 50.5M |
PYRAMID TECHNOPLAST fundamental ratios Correlations
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PYRAMID TECHNOPLAST Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 PYRAMID Stock
Balance Sheet is a snapshot of the financial position of PYRAMID TECHNOPLAST ORD at a specified time, usually calculated after every quarter, six months, or one year. PYRAMID TECHNOPLAST Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PYRAMID TECHNOPLAST 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 PYRAMID currently owns. An asset can also be divided into two categories, current and non-current.