Wam Gross Profit vs Operating Income Analysis

WLE Stock

1.25 0.01 0.81%

Wam Leaders financial indicator trend analysis is more than just analyzing Wam Leaders current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wam Leaders is a good investment. Please check the relationship between Wam Leaders Gross Profit and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wam Leaders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wam Leaders Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Wam Leaders' Gross Profit and Operating Income is 0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Wam Leaders, assuming nothing else is changed. The correlation between historical values of Wam Leaders' Gross Profit and Operating Income 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 Wam Leaders are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Wam Leaders' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Wam Leaders minus its cost of goods sold. It is profit before Wam Leaders 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.

Operating Income

Operating Income is the amount of profit realized from Wam Leaders operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Wam Leaders is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Wam Leaders' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wam Leaders 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wam Leaders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about (2.4 M) in 2025. Selling General Administrative is likely to drop to about 133.7 K in 2025

	2022	2023	2024	2025 (projected)
Gross Profit	194.9M	21.1M	24.3M	23.1M
Total Revenue	194.9M	47.2M	54.3M	51.6M

Gross Profit Total Revenue

Wam Leaders fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Total Current Assets	Common Stock	Total Current Liabilities	Retained Earnings	Short Term Investments	Cash And Equivalents	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Long Term Investments	Short Long Term Debt Total	Other Current Liab	Accounts Payable	Net Invested Capital	Short Long Term Debt	Capital Stock	Inventory
Total Assets		1.0	0.86	-0.82	0.42	-0.89	0.85	0.86	0.99	-0.7	0.99	0.54	-0.93	-0.73	-0.69	0.73	-0.08	0.69	0.95	-0.33	-0.05	0.28	-0.33	-0.33	0.88	0.92
Total Stockholder Equity	1.0		0.85	-0.8	0.45	-0.88	0.82	0.85	0.99	-0.72	1.0	0.49	-0.94	-0.72	-0.69	0.74	-0.11	0.66	0.96	-0.34	0.0	0.23	-0.34	-0.34	0.9	0.93
Net Debt	0.86	0.85		-0.99	0.28	-0.86	0.81	0.98	0.85	-0.6	0.83	0.57	-0.79	-0.67	-0.58	0.61	-0.01	0.57	0.72	-0.36	-0.06	0.3	-0.36	-0.36	0.61	0.67
Cash	-0.82	-0.8	-0.99		-0.26	0.78	-0.78	-0.97	-0.8	0.57	-0.79	-0.53	0.74	0.62	0.55	-0.58	0.02	-0.53	-0.68	0.35	0.05	-0.28	0.35	0.35	-0.58	-0.63
Other Assets	0.42	0.45	0.28	-0.26		-0.36	0.09	0.21	0.5	-0.92	0.49	-0.05	-0.61	-0.33	-0.3	0.92	-0.82	0.18	0.57	-0.78	0.35	-0.1	-0.78	-0.78	0.67	0.63
Cash And Short Term Investments	-0.89	-0.88	-0.86	0.78	-0.36		-0.78	-0.83	-0.88	0.66	-0.87	-0.6	0.83	0.69	0.61	-0.65	0.01	-0.6	-0.77	0.39	0.06	-0.32	0.39	0.39	-0.65	-0.71
Net Receivables	0.85	0.82	0.81	-0.78	0.09	-0.78		0.78	0.78	-0.37	0.78	0.82	-0.79	-0.7	-0.65	0.46	0.31	0.84	0.78	-0.2	-0.45	0.66	-0.2	-0.2	0.62	0.73
Common Stock Total Equity	0.86	0.85	0.98	-0.97	0.21	-0.83	0.78		0.86	-0.54	0.84	0.53	-0.73	-0.64	-0.59	0.54	0.02	0.54	0.71	-0.28	-0.04	0.24	-0.28	-0.28	0.6	0.64
Common Stock Shares Outstanding	0.99	0.99	0.85	-0.8	0.5	-0.88	0.78	0.86		-0.77	0.99	0.47	-0.93	-0.75	-0.72	0.77	-0.19	0.65	0.95	-0.36	0.03	0.2	-0.36	-0.36	0.89	0.91
Total Current Assets	-0.7	-0.72	-0.6	0.57	-0.92	0.66	-0.37	-0.54	-0.77		-0.74	-0.16	0.81	0.53	0.47	-0.97	0.69	-0.36	-0.76	0.69	-0.29	0.01	0.69	0.69	-0.8	-0.78
Common Stock	0.99	1.0	0.83	-0.79	0.49	-0.87	0.78	0.84	0.99	-0.74		0.44	-0.94	-0.7	-0.67	0.76	-0.17	0.65	0.96	-0.35	0.05	0.18	-0.35	-0.35	0.92	0.93
Total Current Liabilities	0.54	0.49	0.57	-0.53	-0.05	-0.6	0.82	0.53	0.47	-0.16	0.44		-0.49	-0.52	-0.45	0.22	0.33	0.84	0.44	-0.14	-0.81	0.93	-0.14	-0.14	0.25	0.38
Retained Earnings	-0.93	-0.94	-0.79	0.74	-0.61	0.83	-0.79	-0.73	-0.93	0.81	-0.94	-0.49		0.74	0.68	-0.86	0.21	-0.73	-0.95	0.51	0.0	-0.3	0.51	0.51	-0.91	-0.94
Short Term Investments	-0.73	-0.72	-0.67	0.62	-0.33	0.69	-0.7	-0.64	-0.75	0.53	-0.7	-0.52	0.74		0.98	-0.57	-0.04	-0.58	-0.72	0.33	0.06	-0.3	0.33	0.33	-0.59	-0.65
Cash And Equivalents	-0.69	-0.69	-0.58	0.55	-0.3	0.61	-0.65	-0.59	-0.72	0.47	-0.67	-0.45	0.68	0.98		-0.52	-0.05	-0.55	-0.71	0.23	0.06	-0.25	0.23	0.23	-0.59	-0.64
Non Current Assets Total	0.73	0.74	0.61	-0.58	0.92	-0.65	0.46	0.54	0.77	-0.97	0.76	0.22	-0.86	-0.57	-0.52		-0.62	0.44	0.81	-0.79	0.23	0.08	-0.79	-0.79	0.85	0.85
Non Currrent Assets Other	-0.08	-0.11	-0.01	0.02	-0.82	0.01	0.31	0.02	-0.19	0.69	-0.17	0.33	0.21	-0.04	-0.05	-0.62		0.19	-0.21	0.52	-0.44	0.35	0.52	0.52	-0.37	-0.28
Non Current Liabilities Total	0.69	0.66	0.57	-0.53	0.18	-0.6	0.84	0.54	0.65	-0.36	0.65	0.84	-0.73	-0.58	-0.55	0.44	0.19		0.68	-0.23	-0.61	0.78	-0.23	-0.23	0.58	0.65
Long Term Investments	0.95	0.96	0.72	-0.68	0.57	-0.77	0.78	0.71	0.95	-0.76	0.96	0.44	-0.95	-0.72	-0.71	0.81	-0.21	0.68		-0.41	0.0	0.24	-0.41	-0.41	0.97	0.99
Short Long Term Debt Total	-0.33	-0.34	-0.36	0.35	-0.78	0.39	-0.2	-0.28	-0.36	0.69	-0.35	-0.14	0.51	0.33	0.23	-0.79	0.52	-0.23	-0.41		-0.21	-0.1	1.0	1.0	-0.46	-0.46
Other Current Liab	-0.05	0.0	-0.06	0.05	0.35	0.06	-0.45	-0.04	0.03	-0.29	0.05	-0.81	0.0	0.06	0.06	0.23	-0.44	-0.61	0.0	-0.21		-0.93	-0.21	-0.21	0.15	0.03
Accounts Payable	0.28	0.23	0.3	-0.28	-0.1	-0.32	0.66	0.24	0.2	0.01	0.18	0.93	-0.3	-0.3	-0.25	0.08	0.35	0.78	0.24	-0.1	-0.93		-0.1	-0.1	0.08	0.21
Net Invested Capital	-0.33	-0.34	-0.36	0.35	-0.78	0.39	-0.2	-0.28	-0.36	0.69	-0.35	-0.14	0.51	0.33	0.23	-0.79	0.52	-0.23	-0.41	1.0	-0.21	-0.1		1.0	-0.46	-0.46
Short Long Term Debt	-0.33	-0.34	-0.36	0.35	-0.78	0.39	-0.2	-0.28	-0.36	0.69	-0.35	-0.14	0.51	0.33	0.23	-0.79	0.52	-0.23	-0.41	1.0	-0.21	-0.1	1.0		-0.46	-0.46
Capital Stock	0.88	0.9	0.61	-0.58	0.67	-0.65	0.62	0.6	0.89	-0.8	0.92	0.25	-0.91	-0.59	-0.59	0.85	-0.37	0.58	0.97	-0.46	0.15	0.08	-0.46	-0.46		0.98
Inventory	0.92	0.93	0.67	-0.63	0.63	-0.71	0.73	0.64	0.91	-0.78	0.93	0.38	-0.94	-0.65	-0.64	0.85	-0.28	0.65	0.99	-0.46	0.03	0.21	-0.46	-0.46	0.98

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Wam Leaders Account Relationship Matchups

Wam Leaders fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.3B	1.6B	1.8B	1.7B	2.0B	1.2B
Total Stockholder Equity	1.2B	1.4B	1.8B	1.7B	1.9B	1.2B
Net Debt	(28.3M)	(39.9M)	(59.3M)	(15.8M)	(18.1M)	(19.0M)
Cash	28.3M	39.9M	59.3M	15.8M	14.2M	13.5M
Other Assets	(2.7M)	8.2M	2.6M	1.7B	2.0B	2.1B
Cash And Short Term Investments	31.1M	42.6M	60.1M	16.6M	14.9M	14.2M
Net Receivables	55.1M	82.4M	61.8M	34.8M	40.0M	38.0M
Common Stock Shares Outstanding	835.9M	1.0B	1.1B	1.3B	1.4B	878.1M
Liabilities And Stockholders Equity	1.3B	1.6B	1.8B	1.7B	2.0B	1.2B
Total Liab	122.3M	159.9M	30.4M	48.1M	55.3M	63.6M
Total Current Assets	86.1M	125.0M	121.9M	(1.7B)	(1.5B)	(1.4B)
Common Stock	922.0M	1.2B	1.5B	1.5B	1.8B	1.0B
Total Current Liabilities	65.7M	128.9M	30.4M	31.4M	36.1M	53.2M
Short Term Investments	2.7M	2.7M	781.2K	802.2K	722.0K	685.9K
Non Current Assets Total	1.2B	1.4B	1.7B	3.4B	3.9B	4.1B
Non Currrent Assets Other	(68.0K)	(11.0M)	(3.3M)	(1.7B)	(1.5B)	(1.4B)
Non Current Liabilities Total	24.3M	128.9M	56.1M	48.1M	55.3M	52.6M
Long Term Investments	1.2B	1.4B	1.7B	1.7B	1.9B	1.3B
Accumulated Other Comprehensive Income	295.6M	375.8M	425.4M	372.3M	428.1M	277.0M
Other Current Liab	(65.7M)	(128.9M)	(30.4M)	(31.2M)	(35.9M)	(37.7M)
Accounts Payable	65.7M	128.9M	30.4M	31.2M	35.9M	59.9M
Capital Stock	922.0M	1.2B	1.5B	1.5B	1.8B	1.3B
Other Current Assets	(1.3B)	(1.6B)	(1.8B)	(1.7B)	(1.5B)	(1.6B)

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