Samhi Selling And Marketing Expenses vs Gross Profit Analysis
SAMHI Stock | 183.03 1.11 0.61% |
Samhi Hotels financial indicator trend analysis is much more than just breaking down Samhi Hotels Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Samhi Hotels Limited is a good investment. Please check the relationship between Samhi Hotels 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 Samhi Hotels Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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 Samhi Hotels Limited Selling And Marketing Expenses account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Samhi Hotels' Selling And Marketing Expenses and Gross Profit is 0.92. 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 Samhi Hotels Limited, assuming nothing else is changed. The correlation between historical values of Samhi Hotels' 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 Samhi Hotels Limited 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., Samhi Hotels' Selling And Marketing Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling And Marketing Expenses
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Samhi Hotels Limited minus its cost of goods sold. It is profit before Samhi Hotels 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 Samhi Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Samhi Hotels Limited 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 Samhi Hotels Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. As of the 23rd of November 2024, Selling General Administrative is likely to drop to about 344.5 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.4B | 5.2B | 3.5B | 3.8B | Depreciation And Amortization | 1.0B | 962.8M | 1.1B | 866.9M |
Samhi Hotels fundamental ratios Correlations
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Samhi Hotels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Samhi Hotels Limited at a specified time, usually calculated after every quarter, six months, or one year. Samhi Hotels Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Samhi Hotels 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 Samhi currently owns. An asset can also be divided into two categories, current and non-current.