ScanSource Depreciation And Amortization vs Gross Profit Analysis
SCSC Stock | USD 51.72 0.70 1.37% |
ScanSource financial indicator trend analysis is much more than just breaking down ScanSource prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ScanSource is a good investment. Please check the relationship between ScanSource Depreciation And Amortization and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ScanSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.
Depreciation And Amortization vs Gross Profit
Depreciation And Amortization vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ScanSource Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between ScanSource's Depreciation And Amortization and Gross Profit is 0.7. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of ScanSource, assuming nothing else is changed. The correlation between historical values of ScanSource's Depreciation And Amortization 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 Depreciation And Amortization of ScanSource 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 Depreciation And Amortization i.e., ScanSource's Depreciation And Amortization and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Gross Profit
Gross profit is a required income statement account that reflects total revenue of ScanSource minus its cost of goods sold. It is profit before ScanSource 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 ScanSource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ScanSource 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 ScanSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.At present, ScanSource's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 426.5M | 449.2M | 372.1M | 234.3M | Total Revenue | 3.5B | 3.8B | 3.3B | 2.1B |
ScanSource fundamental ratios Correlations
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ScanSource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ScanSource fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.7B | 1.9B | 2.1B | 1.8B | 990.4M | |
Short Long Term Debt Total | 218.7M | 143.2M | 271.2M | 334.3M | 154.0M | 91.7M | |
Other Current Liab | 244.8M | 73.8M | 74.3M | 60.0M | 55.2M | 39.3M | |
Total Current Liabilities | 719.0M | 732.9M | 814.3M | 786.8M | 669.4M | 395.5M | |
Total Stockholder Equity | 678.2M | 731.2M | 806.5M | 905.3M | 924.3M | 478.1M | |
Property Plant And Equipment Net | 55.6M | 42.8M | 37.5M | 49.9M | 42.6M | 32.2M | |
Net Debt | 189.2M | 80.5M | 233.2M | 298.1M | (31.5M) | (29.9M) | |
Retained Earnings | 747.3M | 758.1M | 846.9M | 936.7M | 1.0B | 1.1B | |
Accounts Payable | 454.2M | 634.8M | 714.2M | 691.1M | 588.0M | 331.0M | |
Cash | 29.5M | 62.7M | 38.0M | 36.2M | 185.5M | 194.7M | |
Non Current Assets Total | 488.6M | 452.0M | 413.6M | 411.1M | 374.3M | 187.4M | |
Cash And Short Term Investments | 29.5M | 62.7M | 38.0M | 36.2M | 185.5M | 194.7M | |
Net Receivables | 443.2M | 569.0M | 729.4M | 833.3M | 581.5M | 366.1M | |
Common Stock Shares Outstanding | 25.4M | 25.5M | 25.8M | 25.4M | 25.2M | 25.5M | |
Liabilities And Stockholders Equity | 1.7B | 1.7B | 1.9B | 2.1B | 1.8B | 990.4M | |
Non Current Liabilities Total | 294.8M | 207.6M | 316.6M | 376.1M | 185.4M | 120.4M | |
Other Current Assets | 16.5M | 35.3M | 139.9M | 110.1M | 125.1M | 131.3M | |
Other Stockholder Equity | 205K | (98.1M) | (104.6M) | (89.6M) | (80.7M) | (76.6M) | |
Total Liab | 1.0B | 940.5M | 1.1B | 1.2B | 854.8M | 512.1M | |
Property Plant And Equipment Gross | 55.6M | 62.1M | 136.3M | 142.2M | 131.4M | 137.9M | |
Total Current Assets | 1.2B | 1.2B | 1.5B | 1.7B | 1.4B | 803.0M | |
Short Term Debt | 7.8M | 12.1M | 16.1M | 11.3M | 11.3M | 12.2M | |
Intangible Assets | 121.5M | 104.9M | 84.4M | 68.5M | 37.6M | 45.0M | |
Inventory | 454.9M | 470.1M | 614.8M | 757.6M | 512.6M | 367.6M | |
Accumulated Other Comprehensive Income | (132.8M) | (98.1M) | (104.6M) | (89.6M) | (115.9M) | (110.1M) | |
Non Currrent Assets Other | 72.5M | 63.6M | 57.8M | 54.1M | 67.9M | 35.4M | |
Common Stock Total Equity | 63.8M | 71.3M | 64.3M | 58.2M | 67.0M | 74.4M | |
Common Stock | 63.8M | 71.3M | 64.3M | 58.2M | 26.4M | 25.1M | |
Other Assets | 73.6M | 85.5M | 77.3M | 76.0M | 1.0 | 0.95 | |
Long Term Debt | 210.9M | 135.3M | 259.6M | 323.0M | 136.2M | 104.8M | |
Property Plant Equipment | 79.2M | 42.8M | 37.5M | 49.9M | 57.4M | 41.1M | |
Current Deferred Revenue | 12.1M | 9.8M | 9.6M | 8.6M | 7.1M | 6.7M | |
Good Will | 214.3M | 218.9M | 214.4M | 216.7M | 206.3M | 115.5M | |
Other Liab | 53.8M | 72.2M | 57.1M | 43.8M | 50.3M | 53.5M | |
Net Tangible Assets | 342.4M | 407.5M | 507.7M | 620.1M | 558.1M | 443.9M |
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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.When determining whether ScanSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ScanSource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Scansource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scansource Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ScanSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ScanSource. If investors know ScanSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ScanSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.131 | Earnings Share 3.14 | Revenue Per Share 127.985 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0327 |
The market value of ScanSource is measured differently than its book value, which is the value of ScanSource that is recorded on the company's balance sheet. Investors also form their own opinion of ScanSource's value that differs from its market value or its book value, called intrinsic value, which is ScanSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ScanSource's market value can be influenced by many factors that don't directly affect ScanSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ScanSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScanSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ScanSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.