Santech Gross Profit vs Ebitda Analysis
| STEC Stock | 1.05 0.07 6.25% |
Santech Holdings financial indicator trend analysis is much more than just breaking down Santech Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Santech Holdings is a good investment. Please check the relationship between Santech Holdings Gross Profit and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Santech Holdings 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 income.
Gross Profit vs Ebitda
Gross Profit vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Santech Holdings Gross Profit account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Santech Holdings' Gross Profit and Ebitda is 0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Santech Holdings Limited, assuming nothing else is changed. The correlation between historical values of Santech Holdings' Gross Profit and Ebitda 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 Santech Holdings Limited are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., Santech Holdings' Gross Profit and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Santech Holdings Limited minus its cost of goods sold. It is profit before Santech Holdings 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.Ebitda
Most indicators from Santech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Santech Holdings 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 Santech Holdings 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 income. The current year's Tax Provision is expected to grow to about 82.2 M, whereas Selling General Administrative is forecasted to decline to about 261.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 1.5M | 1.3M | 1.6M | 1.3M | Tax Provision | 88.6M | 71.4M | 82.1M | 82.2M |
Santech Holdings fundamental ratios Correlations
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Santech Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Santech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Santech Holdings' 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 Santech Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Santech Holdings Limited Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Santech Holdings 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 income. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Trading 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 Santech Holdings. If investors know Santech 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 Santech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Santech Holdings is measured differently than its book value, which is the value of Santech that is recorded on the company's balance sheet. Investors also form their own opinion of Santech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Santech Holdings' 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 Santech Holdings' market value can be influenced by many factors that don't directly affect Santech Holdings' 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 Santech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Santech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Santech Holdings' 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.