XRAY Stock | | | USD 19.64 0.45 2.34% |
Dentsply Sirona financial indicator trend analysis is much more than just examining Dentsply Sirona latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dentsply Sirona is a good investment. Please check the relationship between Dentsply Sirona Ebit and its Gross Profit accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Dentsply Stock please use our
How to Invest in Dentsply Sirona guide.
Ebit vs Gross Profit
Ebit vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dentsply Sirona Ebit account and
Gross Profit. At this time, the significance of the direction appears to have weak relationship.
The correlation between Dentsply Sirona's Ebit and Gross Profit is 0.37. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Dentsply Sirona, assuming nothing else is changed. The correlation between historical values of Dentsply Sirona's Ebit 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 Ebit of Dentsply Sirona 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 Ebit i.e., Dentsply Sirona's Ebit and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dentsply Sirona minus its cost of goods sold. It is profit before Dentsply Sirona 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 Dentsply Sirona's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dentsply Sirona 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 Dentsply Sirona. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Dentsply Stock please use our
How to Invest in Dentsply Sirona guide.At this time, Dentsply Sirona's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 43.04 in 2024, whereas
Selling General Administrative is likely to drop slightly above 975.9
M in 2024.
Dentsply Sirona fundamental ratios Correlations
Click cells to compare fundamentals
Dentsply Sirona Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dentsply Sirona fundamental ratios Accounts
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Additional Tools for Dentsply Stock Analysis
When running Dentsply Sirona's price analysis, check to
measure Dentsply Sirona'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 Dentsply Sirona is operating at the current time. Most of Dentsply Sirona's value examination focuses on studying past and present price action to
predict the probability of Dentsply Sirona's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dentsply Sirona's price. Additionally, you may evaluate how the addition of Dentsply Sirona to your portfolios can decrease your overall portfolio volatility.