Sportsmans Gross Profit vs Other Operating Expenses Analysis
SPWH Stock | USD 2.01 0.01 0.50% |
Sportsmans financial indicator trend analysis is much more than just breaking down Sportsmans prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sportsmans is a good investment. Please check the relationship between Sportsmans 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 Sportsmans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in Sportsmans Stock please use our How to Invest in Sportsmans guide.
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 Sportsmans Gross Profit account and Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Sportsmans' Gross Profit and Other Operating Expenses is 0.99. 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 Sportsmans, assuming nothing else is changed. The correlation between historical values of Sportsmans' 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 Sportsmans 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., Sportsmans' Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sportsmans minus its cost of goods sold. It is profit before Sportsmans 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 Sportsmans. It is also known as Sportsmans 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 Sportsmans' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sportsmans 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 Sportsmans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in Sportsmans Stock please use our How to Invest in Sportsmans guide.The current Selling General Administrative is estimated to decrease to about 274.7 M. The Sportsmans' current Tax Provision is estimated to increase to about (8.7 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 4.2M | 12.9M | 8.8M | Depreciation And Amortization | 57.8M | 60.4M | 39.0M | 20.8M |
Sportsmans fundamental ratios Correlations
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Sportsmans Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sportsmans fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 616.6M | 660.8M | 840.6M | 859.0M | 886.2M | 515.9M | |
Short Long Term Debt Total | 397.5M | 264.3M | 343.2M | 393.4M | 496.1M | 278.4M | |
Other Current Liab | 44.4M | 57.2M | 117.1M | 85.4M | 80.7M | 54.0M | |
Total Current Liabilities | 264.8M | 227.4M | 284.4M | 295.8M | 314.6M | 204.3M | |
Total Stockholder Equity | 110.3M | 204.7M | 314.2M | 293.1M | 264.6M | 277.8M | |
Other Liab | 41.9M | 562K | 434K | 5.8M | 5.2M | 4.9M | |
Net Tangible Assets | 78.4M | 108.6M | 202.9M | 312.4M | 359.3M | 377.2M | |
Property Plant And Equipment Net | 323.3M | 334.4M | 371.4M | 431.2M | 503.8M | 529.0M | |
Current Deferred Revenue | 25.7M | 38.5M | 42.1M | 9.5M | 38.0M | 22.1M | |
Net Debt | 395.9M | 198.8M | 286.2M | 391.1M | 493.0M | 263.4M | |
Retained Earnings | 23.0M | 114.4M | 222.9M | 213.0M | 182.4M | 191.5M | |
Accounts Payable | 38.2M | 77.4M | 58.9M | 61.9M | 56.1M | 45.2M | |
Cash | 1.7M | 65.5M | 57.0M | 2.4M | 3.1M | 3.0M | |
Non Current Assets Total | 325.0M | 336.2M | 373.1M | 433.1M | 506.2M | 531.5M | |
Non Currrent Assets Other | (562K) | (434K) | (5.8M) | (9.5M) | 505K | 335.4K | |
Cash And Short Term Investments | 1.7M | 65.5M | 57.0M | 2.4M | 3.1M | 3.0M | |
Net Receivables | 1.7M | 581K | 1.9M | 2.1M | 2.1M | 1.2M | |
Common Stock Total Equity | 426K | 430K | 433K | 436K | 501.4K | 369.5K | |
Common Stock Shares Outstanding | 43.6M | 44.4M | 44.5M | 40.7M | 37.5M | 46.2M | |
Liabilities And Stockholders Equity | 616.6M | 660.8M | 840.6M | 859.0M | 886.2M | 515.9M | |
Non Current Liabilities Total | 241.6M | 228.7M | 242.0M | 270.0M | 307M | 210.1M | |
Inventory | 275.5M | 243.4M | 386.6M | 399.1M | 354.7M | 272.7M | |
Other Current Assets | 12.7M | 15.1M | 41.8M | 22.3M | 20.1M | 15.0M | |
Other Stockholder Equity | 86.8M | 89.8M | 90.9M | 79.7M | 81.8M | 92.7M | |
Total Liab | 506.4M | 456.2M | 526.4M | 565.8M | 621.6M | 414.5M | |
Property Plant And Equipment Gross | 323.3M | 334.4M | 371.4M | 431.2M | 708.2M | 743.7M | |
Short Long Term Debt | 137.8M | 13.4M | 66.1M | 87.5M | 126.0M | 80.9M | |
Total Current Assets | 291.6M | 324.7M | 467.5M | 425.9M | 380.0M | 303.6M | |
Short Term Debt | 156.5M | 49.5M | 107.0M | 133.0M | 174.7M | 88.5M | |
Intangible Assets | 220K | 289K | 264K | 389K | 327K | 310.7K | |
Common Stock | 433K | 436K | 439K | 375K | 431.3K | 384.8K | |
Property Plant Equipment | 92.1M | 98.8M | 334.4M | 371.4M | 427.1M | 448.4M |
Currently Active Assets on Macroaxis
When determining whether Sportsmans offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sportsmans' 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 Sportsmans Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sportsmans Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sportsmans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in Sportsmans Stock please use our How to Invest in Sportsmans guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Other Specialty Retail 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 Sportsmans. If investors know Sportsmans 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 Sportsmans 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 (0.78) | Earnings Share (0.91) | Revenue Per Share 33.131 | Quarterly Revenue Growth (0.07) | Return On Assets (0.02) |
The market value of Sportsmans is measured differently than its book value, which is the value of Sportsmans that is recorded on the company's balance sheet. Investors also form their own opinion of Sportsmans' value that differs from its market value or its book value, called intrinsic value, which is Sportsmans' 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 Sportsmans' market value can be influenced by many factors that don't directly affect Sportsmans' 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 Sportsmans' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sportsmans is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sportsmans' 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.