Great Gross Profit vs Net Income Analysis

603336 Stock

5.08 0.11 2.21%

Great Sun financial indicator trend analysis is much more than just examining Great Sun Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Sun Foods is a good investment. Please check the relationship between Great Sun Gross Profit and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Sun Foods Co. 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.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

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

The correlation between Great Sun's Gross Profit and Net Income is 0.93. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Great Sun Foods Co, assuming nothing else is changed. The correlation between historical values of Great Sun's Gross Profit and Net 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 Great Sun Foods Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Great Sun's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Great Sun Foods Co minus its cost of goods sold. It is profit before Great Sun 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Great Sun Foods financial statement analysis. It represents the amount of money remaining after all of Great Sun Foods Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Great Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Sun Foods 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Sun Foods Co. 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.

As of December 3, 2024, Selling General Administrative is expected to decline to about 9.3 M. The current year's Tax Provision is expected to grow to about (981.5 K)

	2021	2022	2023	2024 (projected)
Operating Income	72.0M	60.1M	40.7M	68.0M
Total Revenue	974.3M	1.1B	1.1B	813.5M

Operating Income Total Revenue

Great Sun fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Cash	Other Liab	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock Shares Outstanding
Total Assets		0.55	0.72	0.96	0.9	-0.05	0.83	0.86	0.66	0.96	0.9	0.8	0.96	0.87	0.87	-0.07	0.77	0.93	0.95	0.55	-0.81	0.9	0.84	0.93	0.93	0.83
Other Current Liab	0.55		0.15	0.55	0.56	-0.47	0.5	0.23	0.28	0.55	0.65	0.26	0.63	0.32	0.34	-0.03	0.41	0.37	0.52	0.91	-0.39	0.5	0.38	0.4	0.35	0.15
Total Current Liabilities	0.72	0.15		0.58	0.52	0.44	0.83	0.91	0.48	0.63	0.67	0.98	0.74	0.9	0.92	-0.3	0.46	0.83	0.84	0.23	-0.7	0.79	0.86	0.77	0.88	0.85
Total Stockholder Equity	0.96	0.55	0.58		0.96	-0.19	0.73	0.81	0.7	0.98	0.85	0.67	0.88	0.8	0.79	0.05	0.85	0.84	0.86	0.51	-0.81	0.79	0.74	0.88	0.82	0.71
Retained Earnings	0.9	0.56	0.52	0.96		-0.32	0.64	0.75	0.78	0.97	0.78	0.58	0.8	0.71	0.71	0.11	0.91	0.72	0.76	0.45	-0.81	0.65	0.61	0.84	0.71	0.56
Accounts Payable	-0.05	-0.47	0.44	-0.19	-0.32		0.2	0.28	-0.2	-0.19	-0.04	0.39	-0.03	0.28	0.27	-0.31	-0.15	0.22	0.12	-0.29	0.06	0.18	0.31	0.0	0.23	0.41
Other Assets	0.83	0.5	0.83	0.73	0.64	0.2		0.84	0.47	0.73	0.84	0.91	0.91	0.92	0.94	-0.15	0.52	0.9	0.92	0.65	-0.69	0.93	0.97	0.75	0.89	0.86
Net Receivables	0.86	0.23	0.91	0.81	0.75	0.28	0.84		0.61	0.8	0.76	0.94	0.8	0.97	0.97	-0.21	0.68	0.9	0.89	0.26	-0.77	0.83	0.9	0.86	0.92	0.88
Good Will	0.66	0.28	0.48	0.7	0.78	-0.2	0.47	0.61		0.71	0.5	0.48	0.52	0.51	0.55	0.16	0.81	0.52	0.49	0.13	-0.5	0.43	0.44	0.55	0.5	0.47
Inventory	0.96	0.55	0.63	0.98	0.97	-0.19	0.73	0.8	0.71		0.85	0.69	0.89	0.79	0.79	0.08	0.85	0.83	0.86	0.5	-0.87	0.76	0.72	0.91	0.82	0.68
Other Current Assets	0.9	0.65	0.67	0.85	0.78	-0.04	0.84	0.76	0.5	0.85		0.76	0.92	0.84	0.84	-0.26	0.64	0.88	0.92	0.65	-0.76	0.88	0.8	0.87	0.84	0.76
Total Liab	0.8	0.26	0.98	0.67	0.58	0.39	0.91	0.94	0.48	0.69	0.76		0.82	0.96	0.97	-0.27	0.51	0.9	0.91	0.36	-0.71	0.89	0.94	0.8	0.94	0.91
Intangible Assets	0.96	0.63	0.74	0.88	0.8	-0.03	0.91	0.8	0.52	0.89	0.92	0.82		0.86	0.87	-0.06	0.62	0.93	0.97	0.7	-0.81	0.94	0.88	0.89	0.93	0.82
Common Stock	0.87	0.32	0.9	0.8	0.71	0.28	0.92	0.97	0.51	0.79	0.84	0.96	0.86		1.0	-0.26	0.6	0.94	0.94	0.39	-0.78	0.9	0.95	0.87	0.95	0.91
Property Plant Equipment	0.87	0.34	0.92	0.79	0.71	0.27	0.94	0.97	0.55	0.79	0.84	0.97	0.87	1.0		-0.26	0.61	0.94	0.94	0.42	-0.77	0.9	0.96	0.86	0.95	0.91
Cash	-0.07	-0.03	-0.3	0.05	0.11	-0.31	-0.15	-0.21	0.16	0.08	-0.26	-0.27	-0.06	-0.26	-0.26		0.12	-0.23	-0.22	0.04	-0.07	-0.21	-0.17	-0.16	-0.19	-0.25
Other Liab	0.77	0.41	0.46	0.85	0.91	-0.15	0.52	0.68	0.81	0.85	0.64	0.51	0.62	0.6	0.61	0.12		0.6	0.6	0.28	-0.61	0.53	0.52	0.66	0.58	0.51
Net Tangible Assets	0.93	0.37	0.83	0.84	0.72	0.22	0.9	0.9	0.52	0.83	0.88	0.9	0.93	0.94	0.94	-0.23	0.6		0.97	0.47	-0.74	0.96	0.92	0.89	0.98	0.96
Non Current Assets Total	0.95	0.52	0.84	0.86	0.76	0.12	0.92	0.89	0.49	0.86	0.92	0.91	0.97	0.94	0.94	-0.22	0.6	0.97		0.6	-0.81	0.96	0.93	0.92	0.97	0.88
Non Currrent Assets Other	0.55	0.91	0.23	0.51	0.45	-0.29	0.65	0.26	0.13	0.5	0.65	0.36	0.7	0.39	0.42	0.04	0.28	0.47	0.6		-0.38	0.63	0.54	0.38	0.45	0.3
Short Term Investments	-0.81	-0.39	-0.7	-0.81	-0.81	0.06	-0.69	-0.77	-0.5	-0.87	-0.76	-0.71	-0.81	-0.78	-0.77	-0.07	-0.61	-0.74	-0.81	-0.38		-0.64	-0.66	-0.93	-0.76	-0.61
Non Current Liabilities Total	0.9	0.5	0.79	0.79	0.65	0.18	0.93	0.83	0.43	0.76	0.88	0.89	0.94	0.9	0.9	-0.21	0.53	0.96	0.96	0.63	-0.64		0.95	0.8	0.96	0.91
Other Stockholder Equity	0.84	0.38	0.86	0.74	0.61	0.31	0.97	0.9	0.44	0.72	0.8	0.94	0.88	0.95	0.96	-0.17	0.52	0.92	0.93	0.54	-0.66	0.95		0.75	0.94	0.91
Deferred Long Term Liab	0.93	0.4	0.77	0.88	0.84	0.0	0.75	0.86	0.55	0.91	0.87	0.8	0.89	0.87	0.86	-0.16	0.66	0.89	0.92	0.38	-0.93	0.8	0.75		0.89	0.77
Total Current Assets	0.93	0.35	0.88	0.82	0.71	0.23	0.89	0.92	0.5	0.82	0.84	0.94	0.93	0.95	0.95	-0.19	0.58	0.98	0.97	0.45	-0.76	0.96	0.94	0.89		0.94
Common Stock Shares Outstanding	0.83	0.15	0.85	0.71	0.56	0.41	0.86	0.88	0.47	0.68	0.76	0.91	0.82	0.91	0.91	-0.25	0.51	0.96	0.88	0.3	-0.61	0.91	0.91	0.77	0.94

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Great Sun Account Relationship Matchups

Great Sun fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.5B	1.6B	1.8B	1.8B	1.1B
Other Current Liab	14.4M	21.4M	26.7M	20.3M	61.3K	58.2K
Total Current Liabilities	202.7M	240.1M	293.1M	411.9M	461.5M	484.5M
Total Stockholder Equity	873.4M	1.1B	1.1B	1.1B	1.1B	776.8M
Retained Earnings	450.9M	431.7M	456.7M	471.7M	434.2M	345.4M
Accounts Payable	13.8M	22.4M	17.6M	21.4M	52.1M	54.7M
Other Assets	13.5M	41.2M	37.4M	29.6M	34.0M	35.7M
Net Receivables	294.7M	349.0M	422.5M	556.6M	640.9M	673.0M
Inventory	320.2M	357.4M	361.7M	392.1M	378.6M	266.8M
Other Current Assets	42.7M	54.9M	97.8M	61.6M	68.0M	41.6M
Total Liab	208.3M	437.2M	500.7M	631.5M	693.1M	727.8M
Intangible Assets	57.9M	112.5M	109.0M	109.1M	106.5M	59.6M
Common Stock	173.4M	225.4M	337.4M	438.7M	504.5M	529.7M
Property Plant Equipment	167.9M	252.4M	377.8M	460.6M	529.7M	556.2M
Cash	45.3M	126.5M	23.2M	44.3M	38.7M	55.2M
Other Liab	4.9M	5.7M	5.6M	5.7M	6.6M	5.2M
Net Tangible Assets	762.0M	815.1M	957.8M	982.3M	1.1B	914.8M
Non Current Assets Total	379.4M	588.2M	665.6M	711.9M	709.8M	503.7M
Non Currrent Assets Other	10.0M	37.2M	30.6M	22.0M	729.2K	692.8K
Non Current Liabilities Total	5.7M	197.1M	207.6M	219.6M	231.7M	120.6M
Other Stockholder Equity	(81.5K)	(90.5K)	39.8M	35.2M	40.5M	42.5M
Deferred Long Term Liab	5.8M	3.9M	6.7M	7.3M	8.4M	4.7M
Total Current Assets	703.4M	922.3M	929.2M	1.1B	1.1B	925.4M
Net Invested Capital	1.0B	1.4B	1.5B	1.7B	1.8B	1.4B
Net Working Capital	500.8M	682.2M	636.1M	655.3M	672.3M	679.8M
Short Long Term Debt	165.2M	182M	230.0M	344.8M	398.1M	265.9M
Capital Stock	225.4M	337.4M	438.7M	438.7M	570.4M	400.4M

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Other Information on Investing in Great Stock

Balance Sheet is a snapshot of the financial position of Great Sun Foods at a specified time, usually calculated after every quarter, six months, or one year. Great Sun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Great Sun and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Great currently owns. An asset can also be divided into two categories, current and non-current.

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Great Gross Profit vs Net Income Analysis

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

Correlation Coefficient

Gross Profit

Net Income

Great Sun fundamental ratios Correlations

Great Sun Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Great Sun fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Great Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Common Stock
Total Liab	+ 0.98	Total Current Liabilities
Inventory	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Net Tangible Assets
Inventory	+ 0.97	Retained Earnings
Other Stockholder Equity	+ 0.97	Other Assets

Deferred Long Term Liab	- 0.93	Short Term Investments
Short Term Investments	- 0.87	Inventory
Short Term Investments	- 0.81	Non Current Assets Total
Short Term Investments	- 0.81	Intangible Assets
Short Term Investments	- 0.81	Retained Earnings
Short Term Investments	- 0.81	Total Stockholder Equity