| VERU Stock | | | USD 0.68 0.05 7.94% |
Veru financial indicator trend analysis is much more than just breaking down Veru Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veru Inc is a good investment. Please check the relationship between Veru Other Operating Expenses and its Gross Profit accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Veru Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Veru Inc Other Operating Expenses account and
Gross Profit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Veru's Other Operating Expenses and Gross Profit is 0.15. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Veru Inc, assuming nothing else is changed. The correlation between historical values of Veru's Other Operating 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 Other Operating Expenses of Veru Inc 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 Other Operating Expenses i.e., Veru's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Veru Inc. It is also known as Veru 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.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Veru Inc minus its cost of goods sold. It is profit before Veru 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 Veru's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veru Inc 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 Veru Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Veru's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 453.8
K in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(0.80).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 30.6M | 7.6M | 8.7M | 11.1M | Total Revenue | 39.4M | 16.3M | 18.7M | 20.2M |
Veru fundamental ratios Correlations
Click cells to compare fundamentals
Veru Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veru fundamental ratios Accounts
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Additional Tools for Veru Stock Analysis
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