Syntec Gross Profit from 2010 to 2024

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 7.6 M in 2024. Gross Profit is the profit Syntec Optics Holdings makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
7.9 M
Current Value
7.6 M
Quarterly Volatility
440.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Syntec Optics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Syntec Optics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 434.7 K or Selling General Administrative of 6.7 M, as well as many indicators such as Price To Sales Ratio of 9.27, Dividend Yield of 8.0E-4 or PTB Ratio of 10.78. Syntec financial statements analysis is a perfect complement when working with Syntec Optics Valuation or Volatility modules.
  
Check out the analysis of Syntec Optics Correlation against competitors.

Latest Syntec Optics' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Syntec Optics Holdings over the last few years. Gross profit is a required income statement account that reflects total revenue of Syntec Optics Holdings minus its cost of goods sold. It is profit before Syntec Optics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Syntec Optics' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Syntec Optics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Syntec Gross Profit Regression Statistics

Arithmetic Mean6,713,527
Geometric Mean6,700,997
Coefficient Of Variation6.56
Mean Deviation274,817
Median6,590,719
Standard Deviation440,193
Sample Variance193.8B
Range1.8M
R-Value0.45
Mean Square Error165.8B
R-Squared0.21
Significance0.09
Slope44,621
Total Sum of Squares2.7T

Syntec Gross Profit History

20247.6 M
20237.9 M
20226.1 M

Other Fundumenentals of Syntec Optics Holdings

Syntec Optics Gross Profit component correlations

-0.31-0.580.660.890.150.84-0.710.911.00.79-0.03-0.72-0.350.79-0.720.74
-0.310.85-0.91-0.50.89-0.590.83-0.6-0.36-0.820.930.640.95-0.810.64-0.82
-0.580.85-0.96-0.840.58-0.910.98-0.87-0.59-0.920.590.950.95-0.930.95-0.76
0.66-0.91-0.960.82-0.620.87-0.980.880.680.98-0.7-0.88-0.930.98-0.880.91
0.89-0.5-0.840.82-0.080.99-0.90.990.880.89-0.17-0.95-0.640.9-0.950.71
0.150.890.58-0.62-0.08-0.190.51-0.180.1-0.470.960.290.81-0.460.29-0.52
0.84-0.59-0.910.870.99-0.19-0.940.980.820.92-0.26-0.98-0.730.93-0.980.73
-0.710.830.98-0.98-0.90.51-0.94-0.93-0.72-0.980.580.950.91-0.980.95-0.85
0.91-0.6-0.870.880.99-0.180.98-0.930.910.95-0.3-0.93-0.690.96-0.930.82
1.0-0.36-0.590.680.880.10.82-0.720.910.81-0.1-0.7-0.370.81-0.70.79
0.79-0.82-0.920.980.89-0.470.92-0.980.950.81-0.58-0.89-0.841.0-0.890.93
-0.030.930.59-0.7-0.170.96-0.260.58-0.3-0.1-0.580.310.79-0.570.31-0.69
-0.720.640.95-0.88-0.950.29-0.980.95-0.93-0.7-0.890.310.8-0.91.0-0.66
-0.350.950.95-0.93-0.640.81-0.730.91-0.69-0.37-0.840.790.8-0.840.8-0.73
0.79-0.81-0.930.980.9-0.460.93-0.980.960.811.0-0.57-0.9-0.84-0.90.92
-0.720.640.95-0.88-0.950.29-0.980.95-0.93-0.7-0.890.311.00.8-0.9-0.66
0.74-0.82-0.760.910.71-0.520.73-0.850.820.790.93-0.69-0.66-0.730.92-0.66
Click cells to compare fundamentals

About Syntec Optics Financial Statements

Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Syntec Optics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit7.9 M7.6 M
Gross Profit Margin 0.27  0.20 

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Additional Tools for Syntec Stock Analysis

When running Syntec Optics' price analysis, check to measure Syntec Optics' 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 Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.