Sanara Gross Profit from 2010 to 2024

SMTI Stock  USD 35.91  0.71  1.94%   
Sanara Medtech's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is estimated to finish at about 60 M this year. Gross Profit is the profit Sanara Medtech 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
2000-03-31
Previous Quarter
18.2 M
Current Value
19.7 M
Quarterly Volatility
4.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sanara Medtech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sanara Medtech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 M, Interest Expense of 499.6 K or Total Revenue of 68.2 M, as well as many indicators such as Price To Sales Ratio of 4.97, Dividend Yield of 0.0324 or PTB Ratio of 7.97. Sanara financial statements analysis is a perfect complement when working with Sanara Medtech Valuation or Volatility modules.
  
Check out the analysis of Sanara Medtech Correlation against competitors.
For more detail on how to invest in Sanara Stock please use our How to Invest in Sanara Medtech guide.

Latest Sanara Medtech's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Sanara Medtech over the last few years. Gross profit is a required income statement account that reflects total revenue of Sanara Medtech minus its cost of goods sold. It is profit before Sanara Medtech 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. Sanara Medtech's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sanara Medtech's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 39.48 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Sanara Gross Profit Regression Statistics

Arithmetic Mean15,081,536
Geometric Mean5,439,936
Coefficient Of Variation135.97
Mean Deviation15,749,296
Median5,330,421
Standard Deviation20,505,984
Sample Variance420.5T
Range59.6M
R-Value0.84
Mean Square Error131.8T
R-Squared0.71
Significance0.000082
Slope3,860,715
Total Sum of Squares5886.9T

Sanara Gross Profit History

202460 M
202357.1 M
202239.5 M
202121.8 M
202014 M
201910.6 M
20185.3 M

Other Fundumenentals of Sanara Medtech

Sanara Medtech Gross Profit component correlations

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0.990.960.080.280.980.970.84-0.07-0.60.740.980.550.880.270.820.970.50.58-0.13-0.790.84
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0.960.920.230.180.990.980.980.750.04-0.50.650.430.80.240.710.950.370.52-0.16-0.840.77
0.620.69-0.570.340.520.550.440.83-0.05-0.620.610.430.750.150.830.670.850.87-0.27-0.30.78
0.880.91-0.170.430.850.880.780.87-0.19-0.650.80.80.750.240.940.90.650.63-0.21-0.620.83
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0.990.98-0.020.20.960.970.940.89-0.03-0.530.70.950.670.90.240.850.60.74-0.24-0.770.9
0.60.7-0.750.470.440.50.380.89-0.31-0.550.630.370.850.650.120.840.60.810.14-0.210.77
0.680.73-0.470.080.550.580.520.820.02-0.330.420.520.870.630.130.710.740.81-0.35-0.370.86
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0.890.92-0.340.260.80.840.760.93-0.05-0.540.660.770.780.830.180.860.90.770.86-0.19-0.45
Click cells to compare fundamentals

About Sanara Medtech Financial Statements

Investors use fundamental indicators, such as Sanara Medtech's Gross Profit, to determine how well the company is positioned to perform in the future. Although Sanara Medtech's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit57.1 M60 M
Gross Profit Margin 0.88  0.92 

Currently Active Assets on Macroaxis

When determining whether Sanara Medtech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sanara Medtech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sanara Medtech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sanara Medtech Stock:
Check out the analysis of Sanara Medtech Correlation against competitors.
For more detail on how to invest in Sanara Stock please use our How to Invest in Sanara Medtech guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sanara Medtech. If investors know Sanara will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sanara Medtech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
9.241
Quarterly Revenue Growth
0.352
Return On Assets
(0.05)
Return On Equity
(0.20)
The market value of Sanara Medtech is measured differently than its book value, which is the value of Sanara that is recorded on the company's balance sheet. Investors also form their own opinion of Sanara Medtech's value that differs from its market value or its book value, called intrinsic value, which is Sanara Medtech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sanara Medtech's market value can be influenced by many factors that don't directly affect Sanara Medtech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sanara Medtech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanara Medtech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanara Medtech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.