Southern Selling And Marketing Expenses vs Gross Profit Analysis

SSBK Stock  USD 37.22  0.20  0.53%   
Southern States financial indicator trend analysis is much more than just breaking down Southern States Banc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern States Banc is a good investment. Please check the relationship between Southern States Selling And Marketing Expenses and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern States Bancshares. 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.

Selling And Marketing Expenses vs Gross Profit

Selling And Marketing Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern States Banc Selling And Marketing Expenses account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Southern States' Selling And Marketing Expenses and Gross Profit is -0.56. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Southern States Bancshares, assuming nothing else is changed. The correlation between historical values of Southern States' Selling And Marketing 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 Selling And Marketing Expenses of Southern States Bancshares 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 Selling And Marketing Expenses i.e., Southern States' Selling And Marketing Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Selling And Marketing Expenses

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Southern States Bancshares minus its cost of goods sold. It is profit before Southern States 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 Southern States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern States Banc 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 Southern States Bancshares. 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.
At this time, Southern States' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 88.52 this year, although the value of Issuance Of Capital Stock will most likely fall to about 1.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit55.7M71.3M82.9M61.0M
Total Revenue63.7M80.0M82.9M65.8M

Southern States fundamental ratios Correlations

0.87-0.870.620.990.990.990.930.530.98-0.830.720.330.24-0.10.890.970.870.850.37-0.430.890.921.00.890.64
0.87-0.810.880.850.830.820.780.790.89-0.680.510.660.59-0.430.670.850.720.770.7-0.030.690.750.870.670.86
-0.87-0.81-0.61-0.92-0.81-0.88-0.93-0.51-0.80.97-0.61-0.25-0.170.19-0.86-0.93-0.98-0.99-0.30.46-0.78-0.95-0.87-0.86-0.65
0.620.88-0.610.610.550.560.470.690.67-0.410.420.920.88-0.810.390.580.460.520.940.320.520.480.630.380.99
0.990.85-0.920.610.960.990.960.480.95-0.890.750.290.2-0.10.930.980.920.90.34-0.490.910.960.990.930.64
0.990.83-0.810.550.960.980.890.550.99-0.780.660.260.17-0.020.850.960.830.80.31-0.420.840.870.990.850.55
0.990.82-0.880.560.990.980.950.450.96-0.860.760.250.16-0.050.930.970.890.860.3-0.510.920.940.990.930.59
0.930.78-0.930.470.960.890.950.410.85-0.940.710.120.020.050.970.940.940.930.17-0.630.850.980.930.970.51
0.530.79-0.510.690.480.550.450.410.61-0.38-0.110.570.53-0.40.190.590.410.50.610.350.130.350.540.190.61
0.980.89-0.80.670.950.990.960.850.61-0.730.650.420.34-0.180.790.950.790.770.46-0.280.830.830.980.790.67
-0.83-0.680.97-0.41-0.89-0.78-0.86-0.94-0.38-0.73-0.6-0.030.06-0.03-0.89-0.9-0.99-0.99-0.080.64-0.76-0.97-0.83-0.89-0.47
0.720.51-0.610.420.750.660.760.71-0.110.65-0.60.230.16-0.090.850.610.610.550.24-0.590.960.750.720.850.5
0.330.66-0.250.920.290.260.250.120.570.42-0.030.230.99-0.90.060.240.080.151.00.610.260.120.330.050.89
0.240.59-0.170.880.20.170.160.020.530.340.060.160.99-0.92-0.040.15-0.010.070.990.670.180.020.24-0.050.85
-0.1-0.430.19-0.81-0.1-0.02-0.050.05-0.4-0.18-0.03-0.09-0.9-0.920.12-0.08-0.03-0.09-0.89-0.66-0.090.02-0.10.13-0.81
0.890.67-0.860.390.930.850.930.970.190.79-0.890.850.06-0.040.120.870.890.850.1-0.740.930.970.891.00.45
0.970.85-0.930.580.980.960.970.940.590.95-0.90.610.240.15-0.080.870.940.920.3-0.440.810.930.970.860.59
0.870.72-0.980.460.920.830.890.940.410.79-0.990.610.08-0.01-0.030.890.940.990.14-0.590.780.970.860.890.52
0.850.77-0.990.520.90.80.860.930.50.77-0.990.550.150.07-0.090.850.920.990.21-0.510.730.950.840.850.57
0.370.7-0.30.940.340.310.30.170.610.46-0.080.241.00.99-0.890.10.30.140.210.580.290.160.380.090.91
-0.43-0.030.460.32-0.49-0.42-0.51-0.630.35-0.280.64-0.590.610.67-0.66-0.74-0.44-0.59-0.510.58-0.59-0.66-0.42-0.740.24
0.890.69-0.780.520.910.840.920.850.130.83-0.760.960.260.18-0.090.930.810.780.730.29-0.590.890.890.930.58
0.920.75-0.950.480.960.870.940.980.350.83-0.970.750.120.020.020.970.930.970.950.16-0.660.890.910.970.53
1.00.87-0.870.630.990.990.990.930.540.98-0.830.720.330.24-0.10.890.970.860.840.38-0.420.890.910.890.64
0.890.67-0.860.380.930.850.930.970.190.79-0.890.850.05-0.050.131.00.860.890.850.09-0.740.930.970.890.44
0.640.86-0.650.990.640.550.590.510.610.67-0.470.50.890.85-0.810.450.590.520.570.910.240.580.530.640.44
Click cells to compare fundamentals

Southern States Account Relationship Matchups

Southern States fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.3B1.8B2.0B2.4B1.8B
Short Long Term Debt Total12.5M43.4M38.4M117.3M183.7M192.9M
Other Current Liab(8.5M)(8.3M)(132K)(565K)(59.5M)(56.5M)
Total Current Liabilities8.5M8.3M12.6M565K2.0B2.1B
Total Stockholder Equity126.6M140.7M177.2M181.7M215.0M171.7M
Other Liab5.4M7.5M10.7M15.4M17.7M9.5M
Net Tangible Assets107.7M122.0M158.8M163.6M188.2M141.1M
Property Plant And Equipment Net20.1M24.4M27.0M27.3M26.4M26.0M
Net Debt(78.7M)(31.4M)(171.5M)11.8M29.1M30.6M
Retained Earnings23.9M34.2M49.9M73.8M102.5M55.9M
Accounts Payable473K278K132K584K1.5M1.4M
Cash91.1M74.7M209.9M105.5M154.6M132.1M
Non Current Assets Total99.0M162.1M206.5M45.4M2.2B2.3B
Non Currrent Assets Other(3.5M)(4.8M)(5.8M)(192.6M)1.9B2.0B
Other Assets842.5M977.5M1.2B1.7B8.0M7.6M
Cash And Short Term Investments151.1M188.7M342.1M261.0M250.7M234.4M
Net Receivables3.0M4.2M4.2M7.0M8.7M5.0M
Liabilities And Stockholders Equity1.1B1.3B1.8B2.0B2.4B1.8B
Non Current Liabilities Total4.5M35.4M38.4M565K2.2B2.3B
Inventory(126.5M)(99.4M)(291.1M)(178.4M)11.0M11.5M
Other Current Assets126.5M99.4M291.1M178.4M259.4M191.5M
Other Stockholder Equity64.2M64.9M80.2M75.3M76.8M74.2M
Total Liab968.9M1.2B1.6B1.9B2.2B1.6B
Total Current Assets154.1M193.0M346.3M268.0M250.7M238.6M
Accumulated Other Comprehensive Income265K3.2M2.1M(11.0M)(8.8M)(8.4M)
Short Term Debt8.0M8.0M12.5M19K58M60.9M
Intangible Assets2.0M1.8M1.5M1.2M899K1.4M
Common Stock38.3M38.4M45.1M43.7M44.5M44.4M
Property Plant Equipment20.1M24.4M27.0M27.3M31.4M25.4M

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When determining whether Southern States Banc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Southern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Southern States Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Southern States Bancshares Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern States Bancshares. 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.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Regional Banks 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 Southern States. If investors know Southern 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 Southern States 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
0.037
Dividend Share
0.36
Earnings Share
3.51
Revenue Per Share
9.586
Quarterly Revenue Growth
0.372
The market value of Southern States Banc is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern States' value that differs from its market value or its book value, called intrinsic value, which is Southern States' 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 Southern States' market value can be influenced by many factors that don't directly affect Southern States' 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 Southern States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern States' 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.