TPX Stock | | | USD 57.86 3.12 5.70% |
Tempur Sealy financial indicator trend analysis is much more than just breaking down Tempur Sealy Interna prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tempur Sealy Interna is a good investment. Please check the relationship between Tempur Sealy Total Revenue and its Other Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tempur Sealy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Total Revenue vs Other Operating Expenses
Total Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tempur Sealy Interna Total Revenue account and
Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Tempur Sealy's Total Revenue and Other Operating Expenses is 1.0. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Tempur Sealy International, assuming nothing else is changed. The correlation between historical values of Tempur Sealy's Total Revenue 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 Total Revenue of Tempur Sealy International 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 Total Revenue i.e., Tempur Sealy's Total Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Tempur Sealy Interna generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tempur Sealy Interna. It is also known as Tempur Sealy 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 Tempur Sealy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tempur Sealy Interna 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 Tempur Sealy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Tempur Sealy's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 111.1
M in 2024, whereas
Discontinued Operations is likely to drop (483
K) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 2.2B | 2.0B | 2.1B | 2.2B | Total Revenue | 4.9B | 4.9B | 4.9B | 5.2B |
Tempur Sealy fundamental ratios Correlations
Click cells to compare fundamentals
Tempur Sealy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tempur Sealy fundamental ratios Accounts
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Additional Tools for Tempur Stock Analysis
When running Tempur Sealy's price analysis, check to
measure Tempur Sealy'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 Tempur Sealy is operating at the current time. Most of Tempur Sealy's value examination focuses on studying past and present price action to
predict the probability of Tempur Sealy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tempur Sealy's price. Additionally, you may evaluate how the addition of Tempur Sealy to your portfolios can decrease your overall portfolio volatility.