SatixFy Other Operating Expenses vs Gross Profit Analysis
| SATX Stock | USD 0.93 0.10 12.05% |
SatixFy Communications financial indicator trend analysis is much more than just breaking down SatixFy Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SatixFy Communications is a good investment. Please check the relationship between SatixFy Communications Other Operating Expenses and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SatixFy Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy SatixFy Stock please use our How to Invest in SatixFy Communications guide.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SatixFy Communications Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SatixFy Communications' Other Operating Expenses and Gross Profit is -0.34. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of SatixFy Communications, assuming nothing else is changed. The correlation between historical values of SatixFy Communications' Other Operating 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 Other Operating Expenses of SatixFy Communications 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 Other Operating Expenses i.e., SatixFy Communications' Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SatixFy Communications. It is also known as SatixFy Communications 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of SatixFy Communications minus its cost of goods sold. It is profit before SatixFy Communications 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 SatixFy Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SatixFy Communications 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 SatixFy Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy SatixFy Stock please use our How to Invest in SatixFy Communications guide.At this time, SatixFy Communications' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 6.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.9 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.6M | 9.9M | 12.1M | 7.9M | Depreciation And Amortization | 1.4M | 1.2M | 1.3M | 1.0M |
SatixFy Communications fundamental ratios Correlations
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SatixFy Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running SatixFy Communications' price analysis, check to measure SatixFy Communications' 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 SatixFy Communications is operating at the current time. Most of SatixFy Communications' value examination focuses on studying past and present price action to predict the probability of SatixFy Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SatixFy Communications' price. Additionally, you may evaluate how the addition of SatixFy Communications to your portfolios can decrease your overall portfolio volatility.