Olympic Gross Profit Margin vs Pretax Profit Margin Analysis

ZEUS Stock

USD 33.72 0.05 0.15%

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

For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

Gross Profit Margin vs Pretax Profit Margin

Gross Profit Margin vs Pretax Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olympic Steel Gross Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have very week relationship.

The correlation between Olympic Steel's Gross Profit Margin and Pretax Profit Margin is 0.26. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Olympic Steel, assuming nothing else is changed. The correlation between historical values of Olympic Steel's Gross Profit Margin and Pretax Profit Margin 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 Margin of Olympic Steel are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Gross Profit Margin i.e., Olympic Steel's Gross Profit Margin and Pretax Profit Margin go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Gross Profit Margin

Pretax Profit Margin

Most indicators from Olympic Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olympic Steel 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 Olympic Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.Sales General And Administrative To Revenue is likely to gain to 0.12 in 2025, whereas Selling General Administrative is likely to drop slightly above 137.4 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	486.1M	475.6M	546.9M	574.3M
Total Revenue	2.6B	2.2B	2.5B	2.6B

Gross Profit Total Revenue

Olympic Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.53	0.93	0.96	0.95	0.64	0.49	0.94	0.7	0.91	0.87	-0.66	0.91	0.9	0.76	0.49	0.74	0.43	-0.19	0.63	0.72	0.73	0.04	0.82	0.53	0.74
Short Long Term Debt Total	0.53		0.5	0.58	0.29	0.56	1.0	0.26	0.79	0.39	0.26	0.04	0.39	0.61	0.53	0.99	0.83	0.55	0.19	0.96	0.02	0.82	0.38	0.11	-0.05	0.47
Other Current Liab	0.93	0.5		0.91	0.89	0.46	0.46	0.9	0.65	0.84	0.68	-0.58	0.84	0.96	0.61	0.43	0.77	0.31	-0.25	0.6	0.6	0.79	-0.04	0.69	0.31	0.68
Total Current Liabilities	0.96	0.58	0.91		0.86	0.61	0.54	0.85	0.81	0.81	0.8	-0.54	0.81	0.88	0.67	0.54	0.75	0.46	-0.08	0.7	0.62	0.75	-0.04	0.72	0.52	0.63
Total Stockholder Equity	0.95	0.29	0.89	0.86		0.58	0.23	1.0	0.54	0.92	0.88	-0.79	0.92	0.83	0.72	0.24	0.62	0.3	-0.33	0.42	0.81	0.62	-0.06	0.89	0.58	0.75
Property Plant And Equipment Net	0.64	0.56	0.46	0.61	0.58		0.54	0.54	0.77	0.5	0.71	-0.33	0.5	0.45	0.86	0.62	0.67	0.64	-0.08	0.72	0.5	0.65	-0.06	0.5	0.44	0.78
Net Debt	0.49	1.0	0.46	0.54	0.23	0.54		0.21	0.77	0.33	0.22	0.09	0.33	0.57	0.5	0.99	0.8	0.55	0.23	0.95	-0.02	0.79	0.39	0.06	-0.08	0.44
Retained Earnings	0.94	0.26	0.9	0.85	1.0	0.54	0.21		0.53	0.93	0.86	-0.81	0.93	0.83	0.66	0.21	0.61	0.27	-0.35	0.4	0.8	0.62	-0.08	0.89	0.58	0.71
Accounts Payable	0.7	0.79	0.65	0.81	0.54	0.77	0.77	0.53		0.52	0.54	-0.23	0.52	0.67	0.66	0.79	0.87	0.6	0.12	0.93	0.3	0.86	0.04	0.38	0.33	0.62
Cash	0.91	0.39	0.84	0.81	0.92	0.5	0.33	0.93	0.52		0.8	-0.74	1.0	0.83	0.58	0.32	0.63	0.2	-0.38	0.46	0.73	0.64	0.14	0.82	0.51	0.62
Non Current Assets Total	0.87	0.26	0.68	0.8	0.88	0.71	0.22	0.86	0.54	0.8		-0.77	0.8	0.59	0.72	0.26	0.43	0.47	-0.19	0.4	0.88	0.41	-0.13	0.93	0.8	0.64
Non Currrent Assets Other	-0.66	0.04	-0.58	-0.54	-0.79	-0.33	0.09	-0.81	-0.23	-0.74	-0.77		-0.74	-0.45	-0.36	0.1	-0.26	-0.15	0.31	-0.07	-0.85	-0.25	0.11	-0.94	-0.74	-0.46
Cash And Short Term Investments	0.91	0.39	0.84	0.81	0.92	0.5	0.33	0.93	0.52	1.0	0.8	-0.74		0.83	0.58	0.32	0.63	0.2	-0.38	0.46	0.73	0.64	0.14	0.82	0.51	0.62
Net Receivables	0.9	0.61	0.96	0.88	0.83	0.45	0.57	0.83	0.67	0.83	0.59	-0.45	0.83		0.64	0.53	0.81	0.22	-0.23	0.66	0.5	0.84	0.11	0.58	0.18	0.69
Common Stock Shares Outstanding	0.76	0.53	0.61	0.67	0.72	0.86	0.5	0.66	0.66	0.58	0.72	-0.36	0.58	0.64		0.55	0.68	0.46	-0.1	0.63	0.56	0.67	0.07	0.55	0.34	0.94
Non Current Liabilities Total	0.49	0.99	0.43	0.54	0.24	0.62	0.99	0.21	0.79	0.32	0.26	0.1	0.32	0.53	0.55		0.79	0.62	0.24	0.96	0.0	0.78	0.36	0.07	-0.03	0.46
Inventory	0.74	0.83	0.77	0.75	0.62	0.67	0.8	0.61	0.87	0.63	0.43	-0.26	0.63	0.81	0.68	0.79		0.51	-0.03	0.9	0.23	0.99	0.19	0.35	0.09	0.73
Other Current Assets	0.43	0.55	0.31	0.46	0.3	0.64	0.55	0.27	0.6	0.2	0.47	-0.15	0.2	0.22	0.46	0.62	0.51		0.48	0.63	0.16	0.45	0.0	0.29	0.38	0.33
Other Stockholder Equity	-0.19	0.19	-0.25	-0.08	-0.33	-0.08	0.23	-0.35	0.12	-0.38	-0.19	0.31	-0.38	-0.23	-0.1	0.24	-0.03	0.48		0.15	-0.32	-0.07	0.35	-0.28	-0.12	-0.22
Total Liab	0.63	0.96	0.6	0.7	0.42	0.72	0.95	0.4	0.93	0.46	0.4	-0.07	0.46	0.66	0.63	0.96	0.9	0.63	0.15		0.14	0.89	0.22	0.23	0.11	0.58
Property Plant And Equipment Gross	0.72	0.02	0.6	0.62	0.81	0.5	-0.02	0.8	0.3	0.73	0.88	-0.85	0.73	0.5	0.56	0.0	0.23	0.16	-0.32	0.14		0.24	-0.12	0.94	0.68	0.6
Total Current Assets	0.73	0.82	0.79	0.75	0.62	0.65	0.79	0.62	0.86	0.64	0.41	-0.25	0.64	0.84	0.67	0.78	0.99	0.45	-0.07	0.89	0.24		0.18	0.34	0.05	0.73
Short Term Debt	0.04	0.38	-0.04	-0.04	-0.06	-0.06	0.39	-0.08	0.04	0.14	-0.13	0.11	0.14	0.11	0.07	0.36	0.19	0.0	0.35	0.22	-0.12	0.18		-0.11	-0.29	0.05
Intangible Assets	0.82	0.11	0.69	0.72	0.89	0.5	0.06	0.89	0.38	0.82	0.93	-0.94	0.82	0.58	0.55	0.07	0.35	0.29	-0.28	0.23	0.94	0.34	-0.11		0.79	0.58
Good Will	0.53	-0.05	0.31	0.52	0.58	0.44	-0.08	0.58	0.33	0.51	0.8	-0.74	0.51	0.18	0.34	-0.03	0.09	0.38	-0.12	0.11	0.68	0.05	-0.29	0.79		0.25
Common Stock Total Equity	0.74	0.47	0.68	0.63	0.75	0.78	0.44	0.71	0.62	0.62	0.64	-0.46	0.62	0.69	0.94	0.46	0.73	0.33	-0.22	0.58	0.6	0.73	0.05	0.58	0.25

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Olympic Steel Account Relationship Matchups

Olympic Steel fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	640.6M	1.0B	891.6M	984.8M	1.1B	1.2B
Short Long Term Debt Total	186.2M	355.8M	194.4M	228.5M	262.7M	154.6M
Other Current Liab	33.9M	69.7M	57.2M	52.7M	60.6M	63.6M
Total Current Liabilities	126.7M	224.3M	164.7M	180.2M	207.3M	217.6M
Total Stockholder Equity	301.0M	424.4M	516.0M	555.5M	638.8M	670.7M
Property Plant And Equipment Net	182.6M	174.8M	176.6M	220.5M	253.6M	145.3M
Net Debt	180.6M	346.0M	182.2M	215.2M	247.5M	144.5M
Retained Earnings	172.8M	293.0M	379.9M	418.9M	481.7M	505.8M
Accounts Payable	87.3M	148.6M	101.4M	119.7M	137.7M	73.0M
Cash	5.5M	9.8M	12.2M	13.2M	15.2M	16.0M
Non Current Assets Total	238.4M	234.2M	233.5M	381.7M	438.9M	460.9M
Non Currrent Assets Other	18.1M	15.2M	2.7M	(76.1M)	(68.5M)	(65.1M)
Cash And Short Term Investments	5.5M	9.8M	12.2M	13.2M	15.2M	16.0M
Net Receivables	151.6M	284.6M	219.8M	191.1M	219.8M	230.8M
Common Stock Shares Outstanding	11.4M	11.5M	11.6M	11.6M	13.3M	11.7M
Liabilities And Stockholders Equity	640.6M	1.0B	891.6M	984.8M	1.1B	1.2B
Non Current Liabilities Total	212.9M	374.8M	211.0M	249.1M	286.5M	165.3M
Inventory	240.0M	485.0M	416.9M	386.5M	444.5M	236.1M
Other Current Assets	5.1M	10.0M	9.2M	12.3M	14.1M	7.8M
Other Stockholder Equity	28.5M	28.9M	1.3M	11.7M	10.5M	10.0M
Total Liab	339.6M	599.1M	375.7M	429.4M	493.8M	268.2M
Property Plant And Equipment Gross	434.6M	147.1M	148.3M	539.6M	620.5M	651.5M
Total Current Assets	402.2M	789.4M	658.1M	603.2M	693.6M	352.0M
Accumulated Other Comprehensive Income	(4.2M)	(2.0M)	1.3M	41K	36.9K	38.7K
Short Term Debt	5.6M	5.9M	6.1M	7.8M	9.0M	8.5M
Intangible Assets	32.6M	33.7M	32.0M	92.6M	106.5M	111.8M
Good Will	3.4M	5.1M	10.5M	52.1M	59.9M	62.9M
Common Stock Total Equity	131.6M	132.4M	133.4M	134.7M	154.9M	129.8M
Common Stock	132.4M	133.4M	134.7M	136.5M	157.0M	130.5M
Other Liab	23.3M	24.2M	24.9M	21.6M	24.9M	17.8M
Long Term Debt	160.6M	327.8M	165.7M	190.2M	218.7M	167.4M
Property Plant Equipment	156.2M	157.2M	147.1M	148.3M	170.6M	148.1M
Other Assets	18.1M	15.2M	12.7M	16.9M	19.4M	9.9M
Net Tangible Assets	275.7M	301.0M	424.4M	516.0M	593.4M	317.7M
Retained Earnings Total Equity	179.3M	172.8M	293.0M	379.9M	436.9M	458.8M
Long Term Debt Total	193.4M	160.6M	327.8M	165.7M	190.5M	236.6M

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