AEIS Stock | | | USD 118.70 3.66 3.18% |
Advanced Energy financial indicator trend analysis is way more than just evaluating Advanced Energy Indu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Energy Indu is a good investment. Please check the relationship between Advanced Energy Gross Profit and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Energy Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Advanced Energy Indu Gross Profit account and
Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Advanced Energy's Gross Profit and Depreciation And Amortization is 0.93. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Advanced Energy Industries, assuming nothing else is changed. The correlation between historical values of Advanced Energy's Gross Profit and Depreciation And Amortization 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 Advanced Energy Industries are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Advanced Energy's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Advanced Energy Industries minus its cost of goods sold. It is profit before Advanced Energy 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.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Advanced Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Energy Indu 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 Advanced Energy Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Advanced Energy's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas
Tax Provision is likely to drop slightly above 20.6
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 532.3M | 675.5M | 592.4M | 622.0M | Total Revenue | 1.5B | 1.8B | 1.7B | 1.7B |
Advanced Energy fundamental ratios Correlations
Click cells to compare fundamentals
Advanced Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Advanced Energy fundamental ratios Accounts
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