| SBR Stock | | | USD 63.10 0.03 0.05% |
Sabine Royalty financial indicator trend analysis is much more than just breaking down Sabine Royalty Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sabine Royalty Trust is a good investment. Please check the relationship between Sabine Royalty Total Operating Expenses and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sabine Royalty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Total Operating Expenses vs Total Revenue
Total Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sabine Royalty Trust Total Operating Expenses account and
Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sabine Royalty's Total Operating Expenses and Total Revenue is 0.36. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Sabine Royalty Trust, assuming nothing else is changed. The correlation between historical values of Sabine Royalty's Total Operating Expenses 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 Total Operating Expenses of Sabine Royalty Trust 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 Total Operating Expenses i.e., Sabine Royalty's Total Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Total Revenue
Total revenue comprises all receipts Sabine Royalty Trust 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 Sabine Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sabine Royalty Trust 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 Sabine Royalty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
As of 11/26/2024,
Sales General And Administrative To Revenue is likely to grow to 0.06, while
Selling General Administrative is likely to drop slightly above 2.2
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 60.9M | 125.7M | 93.8M | 47.0M | Total Revenue | 60.9M | 125.7M | 93.8M | 47.0M |
Sabine Royalty fundamental ratios Correlations
Click cells to compare fundamentals
Sabine Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sabine Royalty fundamental ratios Accounts
Additional Tools for Sabine Stock Analysis
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predict the probability of Sabine Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sabine Royalty's price. Additionally, you may evaluate how the addition of Sabine Royalty to your portfolios can decrease your overall portfolio volatility.