Resources Gross Profit vs Total Revenue Analysis

RGP Stock

USD 8.49 0.08 0.95%

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

To learn how to invest in Resources Stock, please use our How to Invest in Resources Connection guide.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Resources Connection Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have totally related.

The correlation between Resources Connection's Gross Profit and Total Revenue is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Resources Connection, assuming nothing else is changed. The correlation between historical values of Resources Connection's Gross Profit and Total 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 Resources Connection are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., Resources Connection's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.99

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 Resources Connection minus its cost of goods sold. It is profit before Resources Connection 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 Revenue

Total revenue comprises all receipts Resources Connection generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Resources Connection's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Resources Connection 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 Resources Connection. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Resources Stock, please use our How to Invest in Resources Connection guide.At this time, Resources Connection's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/26/2024, Enterprise Value Multiple is likely to grow to 8.59, while Selling General Administrative is likely to drop slightly above 185.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	241.4M	316.6M	313.1M	230.3M
Total Revenue	629.5M	805.0M	775.6M	572.9M

Gross Profit Total Revenue

Resources Connection fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.54	-0.14	-0.13	0.37	0.65	-0.17	0.16	0.79	0.67	0.2	-0.36	0.04	0.21	0.65	0.19	0.12	0.77	0.68	0.58	0.11	0.59	0.83	-0.17	0.28	-0.48
Total Stockholder Equity	0.54		0.33	0.54	0.46	-0.29	0.23	0.22	0.04	-0.02	-0.47	-0.37	0.13	0.75	0.05	-0.02	0.74	0.05	0.28	-0.31	0.3	-0.08	0.77	-0.61	-0.48	-0.58
Other Assets	-0.14	0.33		0.61	0.06	-0.45	0.41	0.05	-0.42	-0.14	-0.53	0.01	0.19	0.45	-0.05	-0.22	0.42	-0.42	-0.35	-0.44	0.1	-0.27	0.03	-0.2	-0.56	-0.02
Common Stock Shares Outstanding	-0.13	0.54	0.61		0.04	-0.65	0.49	0.12	-0.62	-0.27	-0.73	0.06	0.57	0.73	-0.17	-0.45	0.75	-0.62	-0.47	-0.57	0.48	-0.51	0.16	-0.5	-0.62	-0.03
Other Stockholder Equity	0.37	0.46	0.06	0.04		0.03	-0.02	0.54	0.25	0.05	-0.46	-0.98	0.1	0.48	0.17	0.73	0.47	0.24	0.14	-0.24	0.33	0.43	0.68	-0.44	-0.03	-0.87
Total Liab	0.65	-0.29	-0.45	-0.65	0.03		-0.41	-0.01	0.86	0.79	0.64	-0.1	-0.07	-0.43	0.69	0.26	-0.52	0.83	0.52	0.93	-0.14	0.76	0.26	0.35	0.76	-0.03
Short Long Term Debt Total	-0.17	0.23	0.41	0.49	-0.02	-0.41		-0.06	-0.41	-0.16	-0.32	0.07	-0.07	0.25	-0.1	-0.21	0.3	-0.37	-0.3	-0.37	0.09	-0.26	-0.05	-0.52	-0.39	0.03
Other Current Liab	0.16	0.22	0.05	0.12	0.54	-0.01	-0.06		0.28	-0.09	-0.42	-0.6	0.33	0.12	0.34	0.24	0.02	0.27	0.25	-0.26	0.16	-0.11	0.31	-0.04	0.09	-0.66
Total Current Liabilities	0.79	0.04	-0.42	-0.62	0.25	0.86	-0.41	0.28		0.59	0.52	-0.33	-0.19	-0.33	0.64	0.29	-0.43	0.99	0.74	0.73	-0.19	0.66	0.51	0.21	0.6	-0.38
Property Plant And Equipment Net	0.67	-0.02	-0.14	-0.27	0.05	0.79	-0.16	-0.09	0.59		0.25	-0.01	0.0	-0.04	0.88	0.23	-0.18	0.55	0.48	0.72	-0.06	0.7	0.31	0.32	0.6	0.03
Net Debt	0.2	-0.47	-0.53	-0.73	-0.46	0.64	-0.32	-0.42	0.52	0.25		0.34	-0.39	-0.76	0.02	-0.07	-0.69	0.52	0.37	0.79	-0.29	0.3	-0.19	0.27	0.42	0.31
Retained Earnings	-0.36	-0.37	0.01	0.06	-0.98	-0.1	0.07	-0.6	-0.33	-0.01	0.34		-0.09	-0.37	-0.15	-0.72	-0.36	-0.32	-0.18	0.17	-0.28	-0.42	-0.65	0.41	-0.02	0.91
Accounts Payable	0.04	0.13	0.19	0.57	0.1	-0.07	-0.07	0.33	-0.19	0.0	-0.39	-0.09		0.36	0.15	-0.13	0.32	-0.24	-0.23	-0.06	0.64	-0.23	0.11	-0.25	-0.04	-0.02
Cash	0.21	0.75	0.45	0.73	0.48	-0.43	0.25	0.12	-0.33	-0.04	-0.76	-0.37	0.36		-0.04	0.05	0.95	-0.36	-0.2	-0.46	0.3	-0.11	0.57	-0.49	-0.48	-0.43
Non Current Assets Total	0.65	0.05	-0.05	-0.17	0.17	0.69	-0.1	0.34	0.64	0.88	0.02	-0.15	0.15	-0.04		0.21	-0.23	0.6	0.55	0.53	-0.02	0.53	0.33	0.32	0.6	-0.15
Non Currrent Assets Other	0.19	-0.02	-0.22	-0.45	0.73	0.26	-0.21	0.24	0.29	0.23	-0.07	-0.72	-0.13	0.05	0.21		0.04	0.25	0.3	0.02	0.07	0.51	0.23	-0.05	0.26	-0.52
Cash And Short Term Investments	0.12	0.74	0.42	0.75	0.47	-0.52	0.3	0.02	-0.43	-0.18	-0.69	-0.36	0.32	0.95	-0.23	0.04		-0.45	-0.31	-0.51	0.45	-0.14	0.53	-0.64	-0.57	-0.4
Net Receivables	0.77	0.05	-0.42	-0.62	0.24	0.83	-0.37	0.27	0.99	0.55	0.52	-0.32	-0.24	-0.36	0.6	0.25	-0.45		0.72	0.69	-0.22	0.67	0.51	0.19	0.57	-0.37
Common Stock Total Equity	0.68	0.28	-0.35	-0.47	0.14	0.52	-0.3	0.25	0.74	0.48	0.37	-0.18	-0.23	-0.2	0.55	0.3	-0.31	0.72		0.45	-0.18	0.28	0.36	0.12	0.38	-0.38
Non Current Liabilities Total	0.58	-0.31	-0.44	-0.57	-0.24	0.93	-0.37	-0.26	0.73	0.72	0.79	0.17	-0.06	-0.46	0.53	0.02	-0.51	0.69	0.45		-0.15	0.6	0.14	0.32	0.66	0.18
Other Current Assets	0.11	0.3	0.1	0.48	0.33	-0.14	0.09	0.16	-0.19	-0.06	-0.29	-0.28	0.64	0.3	-0.02	0.07	0.45	-0.22	-0.18	-0.15		-0.02	0.24	-0.62	-0.13	-0.16
Property Plant And Equipment Gross	0.59	-0.08	-0.27	-0.51	0.43	0.76	-0.26	-0.11	0.66	0.7	0.3	-0.42	-0.23	-0.11	0.53	0.51	-0.14	0.67	0.28	0.6	-0.02		0.46	0.09	0.56	-0.23
Total Current Assets	0.83	0.77	0.03	0.16	0.68	0.26	-0.05	0.31	0.51	0.31	-0.19	-0.65	0.11	0.57	0.33	0.23	0.53	0.51	0.36	0.14	0.24	0.46		-0.45	-0.04	-0.74
Short Term Debt	-0.17	-0.61	-0.2	-0.5	-0.44	0.35	-0.52	-0.04	0.21	0.32	0.27	0.41	-0.25	-0.49	0.32	-0.05	-0.64	0.19	0.12	0.32	-0.62	0.09	-0.45		0.48	0.45
Intangible Assets	0.28	-0.48	-0.56	-0.62	-0.03	0.76	-0.39	0.09	0.6	0.6	0.42	-0.02	-0.04	-0.48	0.6	0.26	-0.57	0.57	0.38	0.66	-0.13	0.56	-0.04	0.48		0.09
Common Stock	-0.48	-0.58	-0.02	-0.03	-0.87	-0.03	0.03	-0.66	-0.38	0.03	0.31	0.91	-0.02	-0.43	-0.15	-0.52	-0.4	-0.37	-0.38	0.18	-0.16	-0.23	-0.74	0.45	0.09

Click cells to compare fundamentals

Resources Connection Account Relationship Matchups

Resources Connection fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	428.4M	529.2M	520.6M	581.5M	532.0M	389.0M
Total Stockholder Equity	282.4M	303.7M	329.5M	372.4M	414.5M	263.8M
Other Assets	4.7M	6.1M	3.2M	12.2M	11.0M	10.4M
Common Stock Shares Outstanding	32.2M	32.2M	32.6M	33.6M	34.2M	31.6M
Liabilities And Stockholders Equity	428.4M	529.2M	520.6M	581.5M	532.0M	387.7M
Other Stockholder Equity	(55.9M)	(43.7M)	(30.9M)	335.9M	343.8M	361.0M
Total Liab	146.0M	225.5M	191.1M	209.0M	117.5M	132.0M
Short Long Term Debt Total	43M	129.9M	73.9M	75.5M	17.7M	16.8M
Other Current Liab	69.8M	15.5M	19.2M	94.2M	89.6M	56.3M
Total Current Liabilities	91.4M	94.9M	100.9M	124.3M	97.1M	73.4M
Property Plant And Equipment Net	26.6M	57.9M	45.2M	35.2M	31.2M	26.2M
Net Debt	(45K)	34.3M	(445K)	(28.7M)	(99.1M)	(104.0M)
Retained Earnings	350.2M	360.5M	367.2M	52.7M	87.6M	83.3M
Accounts Payable	21.6M	15.8M	2.9M	13.6M	14.5M	17.8M
Cash	43.0M	95.6M	74.4M	104.2M	116.8M	93.8M
Non Current Assets Total	236.7M	298.2M	285.4M	272.9M	267.9M	201.1M
Non Currrent Assets Other	3.2M	4.5M	1.5M	3.9M	7.8M	9.0M
Cash And Short Term Investments	43.0M	95.6M	74.4M	104.2M	116.8M	104.5M
Net Receivables	135.5M	129.2M	153.6M	188.3M	137.4M	100.9M
Common Stock Total Equity	590K	613K	631K	639K	734.9K	527.4K
Non Current Liabilities Total	54.6M	130.6M	90.2M	84.7M	20.4M	19.4M
Other Current Assets	7.1M	6.2M	7.2M	6.1M	9.9M	11.0M
Property Plant And Equipment Gross	22.4M	26.6M	57.9M	68.9M	66.1M	35.3M
Total Current Assets	191.7M	231.0M	235.3M	308.5M	264.1M	215.2M
Accumulated Other Comprehensive Income	(12.6M)	(13.9M)	(7.4M)	(16.5M)	(17.3M)	(16.4M)
Intangible Assets	14.6M	20.1M	20.2M	15.8M	11.5M	17.1M
Common Stock	631K	639K	646K	344K	355K	518.9K
Good Will	190.8M	214.1M	216.8M	209.8M	206.7M	179.8M
Property Plant Equipment	26.6M	57.9M	45.2M	35.2M	31.7M	30.1M
Other Liab	11.6M	11.9M	26.5M	17.4M	15.6M	18.2M
Net Tangible Assets	77.0M	69.5M	92.5M	146.9M	132.2M	125.6M

Pair Trading with Resources Connection

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 Resources Connection 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 Resources Connection will appreciate offsetting losses from the drop in the long position's value.

Moving against Resources Stock

0.82	NL	NL Industries	Pair Corr
0.55	BR	Broadridge Financial	Pair Corr
0.52	SQ	Block Inc	Pair Corr
0.49	KC	Kingsoft Cloud Holdings Trending	Pair Corr
0.49	WM	Waste Management	Pair Corr

The ability to find closely correlated positions to Resources Connection could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Resources Connection 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 Resources Connection - 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 Resources Connection to buy it.

The correlation of Resources Connection 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 Resources Connection moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Resources Connection 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 Resources Connection 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 Correlation Correlation Matching

Additional Tools for Resources Stock Analysis

When running Resources Connection's price analysis, check to measure Resources Connection's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Resources Connection is operating at the current time. Most of Resources Connection's value examination focuses on studying past and present price action to predict the probability of Resources Connection's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resources Connection's price. Additionally, you may evaluate how the addition of Resources Connection to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC