SOS Gross Profit vs Research Development Analysis

SOS Stock  USD 7.79  0.53  6.37%   
SOS financial indicator trend analysis is much more than just breaking down SOS Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SOS Limited is a good investment. Please check the relationship between SOS Gross Profit and its Research Development accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOS 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 persons.

Gross Profit vs Research Development

Gross Profit vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SOS Limited Gross Profit account and Research Development. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SOS's Gross Profit and Research Development is -0.52. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Research Development in the same time period over historical financial statements of SOS Limited, assuming nothing else is changed. The correlation between historical values of SOS's Gross Profit and Research Development 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 SOS Limited are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Gross Profit i.e., SOS's Gross Profit and Research Development go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of SOS Limited minus its cost of goods sold. It is profit before SOS 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.

Research Development

Most indicators from SOS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SOS 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 SOS 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 persons.
At this time, SOS's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 4.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 17 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses62.4M204.0M19.0M18.0M
Cost Of Revenue336.8M270.6M78.2M90.9M

SOS fundamental ratios Correlations

-0.130.360.950.87-0.94-0.330.230.930.71-0.15-0.480.930.590.760.47-0.170.860.180.740.95-0.130.710.06-0.51-0.28
-0.130.46-0.22-0.160.18-0.320.52-0.18-0.290.2-0.26-0.18-0.2-0.16-0.150.06-0.040.46-0.22-0.140.99-0.220.28-0.240.49
0.360.460.270.38-0.4-0.840.790.40.270.320.050.40.130.150.060.150.550.910.30.390.460.270.69-0.660.3
0.95-0.220.270.95-0.98-0.330.160.980.67-0.3-0.560.980.750.860.46-0.260.910.040.870.99-0.210.85-0.05-0.49-0.3
0.87-0.160.380.95-0.94-0.40.320.950.72-0.24-0.520.950.80.830.25-0.20.90.150.90.95-0.150.9-0.05-0.5-0.18
-0.940.18-0.4-0.98-0.940.47-0.23-1.0-0.710.260.54-1.0-0.75-0.83-0.50.19-0.96-0.19-0.9-0.990.16-0.87-0.10.530.31
-0.33-0.32-0.84-0.33-0.40.47-0.62-0.48-0.10.160.15-0.48-0.45-0.34-0.430.06-0.69-0.66-0.54-0.42-0.35-0.51-0.560.65-0.2
0.230.520.790.160.32-0.23-0.620.230.130.070.120.230.110.03-0.13-0.020.380.720.230.250.480.220.35-0.330.31
0.93-0.180.40.980.95-1.0-0.480.230.69-0.27-0.551.00.770.830.49-0.190.960.180.910.99-0.160.890.09-0.53-0.3
0.71-0.290.270.670.72-0.71-0.10.130.690.24-0.320.690.320.390.050.180.540.250.560.68-0.290.540.09-0.21-0.5
-0.150.20.32-0.3-0.240.260.160.07-0.270.240.37-0.27-0.65-0.45-0.510.54-0.330.49-0.52-0.240.16-0.540.38-0.140.16
-0.48-0.260.05-0.56-0.520.540.150.12-0.55-0.320.37-0.55-0.61-0.65-0.40.13-0.50.19-0.59-0.53-0.28-0.60.270.240.18
0.93-0.180.40.980.95-1.0-0.480.231.00.69-0.27-0.550.770.830.49-0.190.960.180.910.99-0.160.890.09-0.53-0.31
0.59-0.20.130.750.8-0.75-0.450.110.770.32-0.65-0.610.770.920.44-0.290.79-0.130.930.74-0.190.95-0.31-0.430.0
0.76-0.160.150.860.83-0.83-0.340.030.830.39-0.45-0.650.830.920.47-0.260.82-0.120.850.85-0.170.87-0.31-0.590.05
0.47-0.150.060.460.25-0.5-0.43-0.130.490.05-0.51-0.40.490.440.47-0.150.54-0.060.50.46-0.130.450.04-0.27-0.38
-0.170.060.15-0.26-0.20.190.06-0.02-0.190.180.540.13-0.19-0.29-0.26-0.15-0.270.49-0.23-0.20.01-0.240.110.210.01
0.86-0.040.550.910.9-0.96-0.690.380.960.54-0.33-0.50.960.790.820.54-0.270.290.910.94-0.020.890.19-0.66-0.15
0.180.460.910.040.15-0.19-0.660.720.180.250.490.190.18-0.13-0.12-0.060.490.290.060.170.450.020.71-0.380.23
0.74-0.220.30.870.9-0.9-0.540.230.910.56-0.52-0.590.910.930.850.5-0.230.910.060.87-0.21.0-0.09-0.44-0.24
0.95-0.140.390.990.95-0.99-0.420.250.990.68-0.24-0.530.990.740.850.46-0.20.940.170.87-0.140.850.04-0.55-0.25
-0.130.990.46-0.21-0.150.16-0.350.48-0.16-0.290.16-0.28-0.16-0.19-0.17-0.130.01-0.020.45-0.2-0.14-0.20.36-0.210.43
0.71-0.220.270.850.9-0.87-0.510.220.890.54-0.54-0.60.890.950.870.45-0.240.890.021.00.85-0.2-0.14-0.42-0.2
0.060.280.69-0.05-0.05-0.1-0.560.350.090.090.380.270.09-0.31-0.310.040.110.190.71-0.090.040.36-0.14-0.25-0.05
-0.51-0.24-0.66-0.49-0.50.530.65-0.33-0.53-0.21-0.140.24-0.53-0.43-0.59-0.270.21-0.66-0.38-0.44-0.55-0.21-0.42-0.25-0.43
-0.280.490.3-0.3-0.180.31-0.20.31-0.3-0.50.160.18-0.310.00.05-0.380.01-0.150.23-0.24-0.250.43-0.2-0.05-0.43
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SOS Account Relationship Matchups

SOS fundamental ratios Accounts

201920202021202220232024 (projected)
Short Long Term Debt Total43.5M3.6M2.8M921K377K358.2K
Other Stockholder Equity283.9M53.6M672.4M705.5M730.3M766.9M
Property Plant And Equipment Gross3.4M4.7M37.1M48.7M73.0M76.7M
Short Term Debt43.5M834K894K544K377K358.2K
Property Plant Equipment3.4M4.7M31.7M13.5M15.5M10.2M
Cash And Equivalents15.4M3.7M338.0M259.5M298.4M313.3M
Capital Surpluse296.4M53.6M672.4M705.5M811.3M420.4M
Net Invested Capital5.5M60.2M633.4M409.6M426.0M251.1M
Net Working Capital3.1M58.9M603.7M395.6M393.9M236.4M
Capital Stock11K60K300K374K665K698.3K

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Additional Tools for SOS Stock Analysis

When running SOS's price analysis, check to measure SOS'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 SOS is operating at the current time. Most of SOS's value examination focuses on studying past and present price action to predict the probability of SOS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOS's price. Additionally, you may evaluate how the addition of SOS to your portfolios can decrease your overall portfolio volatility.