TSLX Stock | | | USD 20.94 0.16 0.77% |
Sixth Street financial indicator trend analysis is much more than just breaking down Sixth Street Specialty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sixth Street Specialty is a good investment. Please check the relationship between Sixth Street Gross Profit and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sixth Street Specialty. 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 economic analysis.
Gross Profit vs Total Revenue
Gross Profit vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sixth Street Specialty Gross Profit account and
Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Sixth Street's Gross Profit and Total Revenue is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Sixth Street Specialty, assuming nothing else is changed. The correlation between historical values of Sixth Street's Gross Profit and Total Revenue 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 Sixth Street Specialty are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., Sixth Street's Gross Profit and Total Revenue 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 Sixth Street Specialty minus its cost of goods sold. It is profit before Sixth Street 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.
Total Revenue
Total revenue comprises all receipts Sixth Street Specialty 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.
Most indicators from Sixth Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sixth Street Specialty 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 Sixth Street Specialty. 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 economic analysis.
Selling General Administrative is likely to rise to about 110.9
M in 2024, whereas
Tax Provision is likely to drop slightly above 3.2
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 224.0M | 72.5M | 438.1M | 460.0M | Total Revenue | 224.0M | 136.5M | 438.1M | 460.0M |
Sixth Street fundamental ratios Correlations
Click cells to compare fundamentals
Sixth Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sixth Street fundamental ratios Accounts
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