Emkay Gross Profit vs Research Development Analysis

EMKAY Stock   312.20  6.10  1.99%   
Emkay Global financial indicator trend analysis is much more than just examining Emkay Global Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emkay Global Financial is a good investment. Please check the relationship between Emkay Global Gross Profit and its Research Development accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emkay Global Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Gross Profit vs Research Development

Gross Profit vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emkay Global Financial Gross Profit account and Research Development. At this time, the significance of the direction appears to have very week relationship.
The correlation between Emkay Global's Gross Profit and Research Development is 0.29. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Research Development in the same time period over historical financial statements of Emkay Global Financial, assuming nothing else is changed. The correlation between historical values of Emkay Global's Gross Profit and Research Development 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 Emkay Global Financial are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Gross Profit i.e., Emkay Global's Gross Profit and Research Development go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Emkay Global Financial minus its cost of goods sold. It is profit before Emkay Global 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.

Research Development

Most indicators from Emkay Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emkay Global Financial 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emkay Global Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Emkay Global's Selling General Administrative is very stable compared to the past year. As of the 6th of January 2025, Tax Provision is likely to grow to about 142.3 M, while Discontinued Operations is likely to drop (595.3 K).
 2022 2023 2024 2025 (projected)
Gross Profit274.0M466.5M419.9M513.3M
Total Revenue1.7B3.1B3.6B3.7B

Emkay Global fundamental ratios Correlations

0.150.830.350.55-0.20.450.98-0.880.980.850.93-0.291.00.990.780.95-0.180.240.89-0.140.970.970.210.99-0.07
0.150.290.440.46-0.270.050.07-0.20.070.220.150.140.140.160.20.170.50.110.2-0.210.210.15-0.160.1-0.27
0.830.290.450.48-0.330.590.79-0.70.770.760.73-0.440.820.80.640.73-0.150.150.66-0.060.830.790.160.79-0.22
0.350.440.450.3-0.080.280.29-0.290.290.390.310.020.350.320.330.290.05-0.090.3-0.170.260.290.220.290.06
0.550.460.480.3-0.830.130.55-0.680.490.520.710.020.530.570.540.480.210.110.67-0.660.630.520.180.57-0.47
-0.2-0.27-0.33-0.08-0.83-0.21-0.210.3-0.1-0.22-0.340.11-0.18-0.21-0.22-0.10.010.19-0.250.49-0.3-0.17-0.18-0.20.56
0.450.050.590.280.13-0.210.43-0.090.330.260.25-0.430.450.370.130.23-0.42-0.370.040.240.370.360.230.35-0.03
0.980.070.790.290.55-0.210.43-0.90.980.830.95-0.220.990.980.770.93-0.160.230.9-0.190.950.960.220.990.0
-0.88-0.2-0.7-0.29-0.680.3-0.09-0.9-0.91-0.78-0.950.15-0.89-0.92-0.75-0.92-0.06-0.34-0.980.4-0.91-0.9-0.14-0.930.13
0.980.070.770.290.49-0.10.330.98-0.910.850.94-0.210.990.980.790.96-0.120.320.92-0.140.950.960.170.990.0
0.850.220.760.390.52-0.220.260.83-0.780.850.81-0.20.850.860.950.86-0.090.20.82-0.130.840.840.210.86-0.1
0.930.150.730.310.71-0.340.250.95-0.950.940.81-0.150.930.940.810.880.020.380.97-0.470.940.910.240.96-0.13
-0.290.14-0.440.020.020.11-0.43-0.220.15-0.21-0.2-0.15-0.27-0.28-0.14-0.240.610.3-0.08-0.22-0.33-0.34-0.02-0.210.53
1.00.140.820.350.53-0.180.450.99-0.890.990.850.93-0.270.990.780.95-0.180.240.89-0.130.970.970.220.99-0.04
0.990.160.80.320.57-0.210.370.98-0.920.980.860.94-0.280.990.80.97-0.160.220.92-0.160.970.980.190.99-0.07
0.780.20.640.330.54-0.220.130.77-0.750.790.950.81-0.140.780.80.79-0.040.270.82-0.310.790.790.190.79-0.11
0.950.170.730.290.48-0.10.230.93-0.920.960.860.88-0.240.950.970.79-0.140.230.91-0.060.930.960.110.96-0.02
-0.180.5-0.150.050.210.01-0.42-0.16-0.06-0.12-0.090.020.61-0.18-0.16-0.04-0.140.510.09-0.48-0.12-0.22-0.14-0.12-0.02
0.240.110.15-0.090.110.19-0.370.23-0.340.320.20.380.30.240.220.270.230.510.44-0.430.320.260.070.30.08
0.890.20.660.30.67-0.250.040.9-0.980.920.820.97-0.080.890.920.820.910.090.44-0.440.910.90.150.93-0.11
-0.14-0.21-0.06-0.17-0.660.490.24-0.190.4-0.14-0.13-0.47-0.22-0.13-0.16-0.31-0.06-0.48-0.43-0.44-0.23-0.15-0.2-0.190.25
0.970.210.830.260.63-0.30.370.95-0.910.950.840.94-0.330.970.970.790.93-0.120.320.91-0.230.960.160.97-0.23
0.970.150.790.290.52-0.170.360.96-0.90.960.840.91-0.340.970.980.790.96-0.220.260.9-0.150.960.260.96-0.04
0.21-0.160.160.220.18-0.180.230.22-0.140.170.210.24-0.020.220.190.190.11-0.140.070.15-0.20.160.260.190.29
0.990.10.790.290.57-0.20.350.99-0.930.990.860.96-0.210.990.990.790.96-0.120.30.93-0.190.970.960.19-0.06
-0.07-0.27-0.220.06-0.470.56-0.030.00.130.0-0.1-0.130.53-0.04-0.07-0.11-0.02-0.020.08-0.110.25-0.23-0.040.29-0.06
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Emkay Global Account Relationship Matchups

Emkay Global fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.6B7.6B7.3B10.7B12.3B12.9B
Short Long Term Debt Total226.2M284.7M254.1M417.2M479.8M326.4M
Total Stockholder Equity1.7B2.0B2.1B2.4B2.8B1.7B
Property Plant And Equipment Net341.8M335.0M374.6M413.3M475.3M335.9M
Net Debt(1.4B)(793.9M)(68.7M)264.5M304.1M319.4M
Cash1.5B947.3M294.8M478.2M430.4M714.4M
Non Current Assets Total1.1B1.5B2.2B868.8M999.1M745.6M
Non Currrent Assets Other2.2B2.6B3.3B5.4B6.2B6.6B
Other Assets40.7M15.7M50.1M(7.0B)(6.3B)(6.0B)
Cash And Short Term Investments3.6B4.8B3.5B8.1B9.3B9.8B
Common Stock Shares Outstanding24.6M26.1M24.8M25.5M29.3M27.1M
Liabilities And Stockholders Equity5.6B7.6B7.3B10.7B12.3B12.9B
Non Current Liabilities Total47.7M315.4M3.9B8.2B9.5B10.0B
Other Stockholder Equity336.2M42.2M22.7M411.1M370.0M616.5M
Total Liab4.0B5.6B5.2B8.2B9.5B10.0B
Total Current Assets4.6B6.1B5.1B9.8B11.3B11.8B
Accumulated Other Comprehensive Income355.0M397.0M475.1M502.2M577.5M606.4M
Total Current Liabilities3.9B5.3B1.3B7.8B8.9B9.4B
Short Term Debt100.0M131.3M177.8M355.9M320.4M214.0M
Intangible Assets5.8M3.7M5.5M14.6M13.1M13.8M
Other Current Liab91.9M4.4M103.6M5.3B6.1B6.4B
Current Deferred Revenue2.6B3.8B(177.4M)(325.5M)(374.4M)(355.7M)
Retained Earnings363.3M660.3M679.8M1.2B1.4B1.5B
Accounts Payable1.2B1.4B1.2B2.1B2.4B2.5B
Net Receivables712.0M1.4B1.6B1.3B1.4B1.4B
Short Term Investments2.1B3.8B3.2B7.6B8.7B9.2B
Inventory16.3M233.7M(14.1M)(78.5M)(70.6M)(67.1M)
Other Current Assets47.6M40.6M61.8M1.7B2.0B2.1B
Other Liab454.6M25.8M20.1M3.7B4.2B4.4B
Net Tangible Assets1.7B1.5B1.7B2.0B2.3B1.6B
Short Long Term Debt100.0M109.9M149.7M325.5M293.0M190.6M
Property Plant Equipment377.1M341.8M335.0M374.6M337.2M281.9M
Long Term Debt Total119.8M126.2M153.4M76.3M68.7M123.7M
Non Current Liabilities Other95.4M174.1M140.9M279.6M321.5M337.6M
Long Term Debt100.0M109.9M149.7M325.5M293.0M151.2M
Net Invested Capital1.8B2.1B2.3B2.7B3.1B2.3B

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Other Information on Investing in Emkay Stock

Balance Sheet is a snapshot of the financial position of Emkay Global Financial at a specified time, usually calculated after every quarter, six months, or one year. Emkay Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Emkay Global 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 Emkay currently owns. An asset can also be divided into two categories, current and non-current.