| SANW Stock | | | USD 7.05 0.49 6.50% |
SW Seed financial indicator trend analysis is much more than just breaking down SW Seed Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SW Seed Company is a good investment. Please check the relationship between SW Seed Gross Profit and its Other Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SW Seed Company. 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.
Gross Profit vs Other Operating Expenses
Gross Profit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SW Seed Company Gross Profit account and
Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between SW Seed's Gross Profit and Other Operating Expenses is 0.6. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of SW Seed Company, assuming nothing else is changed. The correlation between historical values of SW Seed's Gross Profit and Other 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 SW Seed Company are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., SW Seed's Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.6 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of SW Seed Company minus its cost of goods sold. It is profit before SW Seed 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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SW Seed Company. It is also known as SW Seed overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from SW Seed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SW Seed Company 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 SW Seed Company. 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.
At this time, SW Seed's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 75.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.1
M in 2024.
SW Seed fundamental ratios Correlations
Click cells to compare fundamentals
SW Seed Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SW Seed fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for SANW Stock Analysis
When running SW Seed's price analysis, check to
measure SW Seed'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 SW Seed is operating at the current time. Most of SW Seed's value examination focuses on studying past and present price action to
predict the probability of SW Seed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SW Seed's price. Additionally, you may evaluate how the addition of SW Seed to your portfolios can decrease your overall portfolio volatility.