KRUS Stock | | | USD 104.00 2.92 2.73% |
Kura Sushi financial indicator trend analysis is infinitely more than just investigating Kura Sushi USA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kura Sushi USA is a good investment. Please check the relationship between Kura Sushi Gross Profit and its Operating Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kura Sushi USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kura Sushi USA Gross Profit account and
Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kura Sushi's Gross Profit and Operating Income is -0.15. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Kura Sushi USA, assuming nothing else is changed. The correlation between historical values of Kura Sushi's Gross Profit and Operating Income 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 Kura Sushi USA are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Kura Sushi's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Kura Sushi USA minus its cost of goods sold. It is profit before Kura Sushi 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.
Operating Income
Operating Income is the amount of profit realized from Kura Sushi USA operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Kura Sushi USA is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Kura Sushi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kura Sushi USA 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kura Sushi USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Kura Sushi's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 41
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.13 in 2024.
Kura Sushi fundamental ratios Correlations
Click cells to compare fundamentals
Kura Sushi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kura Sushi fundamental ratios Accounts
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Additional Tools for Kura Stock Analysis
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measure Kura Sushi's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kura Sushi is operating at the current time. Most of Kura Sushi's value examination focuses on studying past and present price action to
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