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 Income Before Tax and its Cost Of Revenue 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.
Income Before Tax vs Cost Of Revenue
Income Before Tax vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Great Sun Foods Income Before Tax account and
Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Great Sun's Income Before Tax and Cost Of Revenue is -0.06. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue 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 Income Before Tax and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Great Sun Foods Co are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., Great Sun's Income Before Tax and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Great Sun income statement and is an important metric when analyzing Great Sun Foods profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Cost Of Revenue
Cost of Revenue is found on Great Sun Foods income statement and represents the costs associated with goods and services Great Sun provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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)
Great Sun fundamental ratios Correlations
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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
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.