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 Selling And Marketing Expenses and its Gross Profit 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.
Selling And Marketing Expenses vs Gross Profit
Selling And Marketing Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Emkay Global Financial Selling And Marketing Expenses account and
Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Emkay Global's Selling And Marketing Expenses and Gross Profit is -0.01. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Gross Profit 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 Selling And Marketing Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Emkay Global Financial are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling And Marketing Expenses i.e., Emkay Global's Selling And Marketing Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling And Marketing Expenses
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.
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 Profit | 274.0M | 466.5M | 419.9M | 513.3M | Total Revenue | 1.7B | 3.1B | 3.6B | 3.7B |
Emkay Global fundamental ratios Correlations
Click cells to compare fundamentals
Emkay Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Emkay Global fundamental ratios Accounts
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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.