NIP Operating Income vs Gross Profit Analysis
| NIPG Stock | 7.14 0.19 2.73% |
NIP Group financial indicator trend analysis is infinitely more than just investigating NIP Group American recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NIP Group American is a good investment. Please check the relationship between NIP Group Operating Income and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIP Group American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Operating Income vs Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NIP Group American Operating Income account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between NIP Group's Operating Income and Gross Profit is -0.89. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of NIP Group American, assuming nothing else is changed. The correlation between historical values of NIP Group's Operating Income 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 Operating Income of NIP Group American 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 Operating Income i.e., NIP Group's Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.89 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from NIP Group American 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 NIP Group American 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of NIP Group American minus its cost of goods sold. It is profit before NIP Group 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 NIP Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NIP Group American 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 NIP Group American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, NIP Group's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 460K | 523.3K | 601.8K | 462.3K | Depreciation And Amortization | 5.5M | 6.5M | 7.5M | 4.3M |
NIP Group fundamental ratios Correlations
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NIP Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIP Group American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NIP Group. If investors know NIP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NIP Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NIP Group American is measured differently than its book value, which is the value of NIP that is recorded on the company's balance sheet. Investors also form their own opinion of NIP Group's value that differs from its market value or its book value, called intrinsic value, which is NIP Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NIP Group's market value can be influenced by many factors that don't directly affect NIP Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NIP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if NIP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NIP Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.