Scottish Selling And Marketing Expenses vs Gross Profit Analysis

SAIN Stock   515.00  8.00  1.58%   
Scottish American financial indicator trend analysis is much more than just breaking down Scottish American prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scottish American is a good investment. Please check the relationship between Scottish American Selling And Marketing Expenses and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scottish American Investment. 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.

Selling And Marketing Expenses vs Gross Profit

Selling And Marketing Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scottish American Selling And Marketing Expenses account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Scottish American's Selling And Marketing Expenses and Gross Profit is 0.4. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Scottish American Investment, assuming nothing else is changed. The correlation between historical values of Scottish American's Selling And Marketing Expenses 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 Selling And Marketing Expenses of Scottish American Investment 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 Selling And Marketing Expenses i.e., Scottish American's Selling And Marketing Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Selling And Marketing Expenses

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Scottish American Investment minus its cost of goods sold. It is profit before Scottish American 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 Scottish American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scottish American 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Scottish American Investment. 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.
Selling General Administrative is likely to gain to about 5.7 M in 2024, whereas Tax Provision is likely to drop slightly above 1.5 M in 2024.
 2021 2022 2023 2024 (projected)
Research Development2.721.511.92.43
Interest Income2.6M2.8M2.6M1.9M

Scottish American fundamental ratios Correlations

0.93-0.37-0.040.930.26-0.43-0.010.95-0.93-0.010.650.94-0.080.380.40.070.990.570.760.41-0.460.860.96-0.60.97
0.93-0.44-0.121.00.46-0.46-0.171.0-0.91-0.170.590.930.170.310.37-0.090.960.660.550.61-0.340.730.98-0.470.97
-0.37-0.44-0.19-0.44-0.090.01-0.12-0.440.36-0.12-0.65-0.24-0.2-0.17-0.41-0.16-0.39-0.62-0.38-0.170.35-0.15-0.41-0.04-0.42
-0.04-0.12-0.19-0.12-0.820.750.76-0.110.110.760.30.03-0.380.070.110.76-0.020.02-0.15-0.09-0.05-0.1-0.040.04-0.06
0.931.0-0.44-0.120.47-0.46-0.180.99-0.91-0.180.580.930.180.310.37-0.090.950.660.540.62-0.330.720.98-0.460.97
0.260.46-0.09-0.820.47-0.76-0.740.43-0.35-0.74-0.080.290.7-0.02-0.03-0.720.30.340.060.44-0.070.180.36-0.080.34
-0.43-0.460.010.75-0.46-0.760.76-0.480.550.76-0.14-0.41-0.380.060.140.73-0.44-0.22-0.44-0.190.23-0.53-0.450.45-0.47
-0.01-0.17-0.120.76-0.18-0.740.76-0.180.191.00.11-0.04-0.40.290.271.0-0.05-0.06-0.01-0.24-0.07-0.1-0.110.1-0.1
0.951.0-0.44-0.110.990.43-0.48-0.18-0.92-0.180.630.940.130.310.4-0.090.970.650.60.56-0.370.750.98-0.490.98
-0.93-0.910.360.11-0.91-0.350.550.19-0.920.19-0.57-0.89-0.07-0.3-0.090.11-0.95-0.52-0.73-0.570.33-0.92-0.960.77-0.98
-0.01-0.17-0.120.76-0.18-0.740.761.0-0.180.190.11-0.04-0.40.290.271.0-0.05-0.06-0.01-0.24-0.07-0.1-0.110.1-0.1
0.650.59-0.650.30.58-0.08-0.140.110.63-0.570.110.55-0.230.360.490.190.670.710.550.02-0.480.410.61-0.160.63
0.940.93-0.240.030.930.29-0.41-0.040.94-0.89-0.040.550.10.330.340.050.950.460.580.48-0.320.810.95-0.610.94
-0.080.17-0.2-0.380.180.7-0.38-0.40.13-0.07-0.4-0.230.1-0.06-0.18-0.4-0.020.05-0.230.340.2-0.050.09-0.020.06
0.380.31-0.170.070.31-0.020.060.290.31-0.30.290.360.33-0.060.260.320.360.080.340.120.040.330.36-0.220.36
0.40.37-0.410.110.37-0.030.140.270.4-0.090.270.490.34-0.180.260.320.340.330.3-0.27-0.33-0.010.290.370.28
0.07-0.09-0.160.76-0.09-0.720.731.0-0.090.111.00.190.05-0.40.320.320.040.00.05-0.21-0.11-0.04-0.020.07-0.02
0.990.96-0.39-0.020.950.3-0.44-0.050.97-0.95-0.050.670.95-0.020.360.340.040.630.690.49-0.450.840.98-0.590.99
0.570.66-0.620.020.660.34-0.22-0.060.65-0.52-0.060.710.460.050.080.330.00.630.220.37-0.570.210.590.040.59
0.760.55-0.38-0.150.540.06-0.44-0.010.6-0.73-0.010.550.58-0.230.340.30.050.690.22-0.05-0.420.830.64-0.650.69
0.410.61-0.17-0.090.620.44-0.19-0.240.56-0.57-0.240.020.480.340.12-0.27-0.210.490.37-0.050.140.380.59-0.370.56
-0.46-0.340.35-0.05-0.33-0.070.23-0.07-0.370.33-0.07-0.48-0.320.20.04-0.33-0.11-0.45-0.57-0.420.14-0.27-0.330.07-0.36
0.860.73-0.15-0.10.720.18-0.53-0.10.75-0.92-0.10.410.81-0.050.33-0.01-0.040.840.210.830.38-0.270.83-0.910.86
0.960.98-0.41-0.040.980.36-0.45-0.110.98-0.96-0.110.610.950.090.360.29-0.020.980.590.640.59-0.330.83-0.611.0
-0.6-0.47-0.040.04-0.46-0.080.450.1-0.490.770.1-0.16-0.61-0.02-0.220.370.07-0.590.04-0.65-0.370.07-0.91-0.61-0.64
0.970.97-0.42-0.060.970.34-0.47-0.10.98-0.98-0.10.630.940.060.360.28-0.020.990.590.690.56-0.360.861.0-0.64
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Scottish American Account Relationship Matchups

Scottish American fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding144.0M153.6M170.7M176.2M177.7M154.6M
Total Assets685.6M816.0M1.0B944.0M1.0B598.3M
Total Current Liabilities3.2M3.7M3.1M637K2.2M2.2M
Total Stockholder Equity600.5M731.2M930.2M846.7M935.2M498.4M
Net Debt74.5M71.4M83.9M90.5M87.4M46.2M
Cash7.5M9.7M11.3M4.2M7.3M6.0M
Non Current Assets Total591.7M718.6M938.4M869.8M955.5M546.6M
Non Currrent Assets Other(591.7M)(718.6M)(938.4M)(869.8M)(955.5M)(907.7M)
Cash And Short Term Investments7.5M9.7M11.3M4.2M7.3M6.0M
Net Receivables999K1.7M2.4M1.7M1.4M1.2M
Common Stock Total Equity34.0M35.2M36.9M40.6M46.7M37.4M
Liabilities And Stockholders Equity685.6M816.0M1.0B944.0M1.0B598.3M
Non Current Liabilities Total81.9M81.1M95.2M637K94.7M51.4M
Other Stockholder Equity52.5M112.8M172.6M178.2M186.1M132.7M
Total Liab85.1M84.8M98.3M97.3M97.5M72.7M
Total Current Assets9.0M12.2M15.0M7.4M10.9M7.4M
Common Stock36.9M40.6M43.9M44.2M44.6M39.0M
Retained Earnings211.2M292.8M397.4M298.4M16.8M16.0M
Short Long Term Debt Total81.9M81.1M95.2M94.7M94.7M95.4M
Other Assets85.0M85.1M75.1M66.8M66.4M72.6M
Other Current Assets502K814K1.3M1.5M2.2M2.3M
Accumulated Other Comprehensive Income299.9M284.9M316.3M325.9M687.7M383.9M
Net Tangible Assets600.5M731.2M930.2M846.7M973.7M669.6M
Long Term Debt83.4M82.7M81.9M81.1M73.0M66.4M
Long Term Investments591.7M718.6M938.4M869.8M955.5M718.0M
Capital Surpluse10.7M27.7M52.5M112.8M129.7M136.1M
Net Invested Capital682.4M812.3M1.0B941.4M1.0B886.1M
Capital Stock36.9M40.6M43.9M44.2M44.6M45.0M

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