BARBEQUE | | | 480.20 7.70 1.58% |
Barbeque Nation financial indicator trend analysis is way more than just evaluating Barbeque Nation Hosp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barbeque Nation Hosp is a good investment. Please check the relationship between Barbeque Nation Gross Profit and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Barbeque Nation Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Barbeque Nation Hosp Gross Profit account and
Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Barbeque Nation's Gross Profit and Total Operating Expenses is 0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Barbeque Nation Hospitality, assuming nothing else is changed. The correlation between historical values of Barbeque Nation's Gross Profit and Total Operating Expenses 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 Barbeque Nation Hospitality are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Barbeque Nation's Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Barbeque Nation Hospitality minus its cost of goods sold. It is profit before Barbeque Nation 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.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Barbeque Nation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barbeque Nation Hosp 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 Barbeque Nation Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Tax Provision is likely to gain to about (27
M) in 2024.
Discontinued Operations is likely to drop to about (162.4
M) in 2024
Barbeque Nation fundamental ratios Correlations
Click cells to compare fundamentals
Barbeque Nation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Barbeque Nation fundamental ratios Accounts
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