Olaplex Gross Profit vs Depreciation And Amortization Analysis

OLPX Stock  USD 2.10  0.04  1.94%   
Olaplex Holdings financial indicator trend analysis is much more than just breaking down Olaplex Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olaplex Holdings is a good investment. Please check the relationship between Olaplex Holdings Gross Profit and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olaplex Holdings. 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.
For more information on how to buy Olaplex Stock please use our How to Invest in Olaplex Holdings guide.

Gross Profit vs Depreciation And Amortization

Gross Profit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olaplex Holdings Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Olaplex Holdings' Gross Profit and Depreciation And Amortization is 0.88. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Olaplex Holdings, assuming nothing else is changed. The correlation between historical values of Olaplex Holdings' Gross Profit and Depreciation And Amortization 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 Olaplex Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Olaplex Holdings' Gross Profit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

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

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Olaplex Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olaplex Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olaplex Holdings. 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.
For more information on how to buy Olaplex Stock please use our How to Invest in Olaplex Holdings guide.Tax Provision is likely to rise to about 31.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 82.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit473.8M519.6M318.6M353.9M
Total Revenue598.4M704.3M458.3M482.1M

Olaplex Holdings fundamental ratios Correlations

0.80.980.99-0.90.890.610.810.870.830.99-0.30.830.930.640.990.910.940.930.991.00.890.860.99-0.990.87
0.80.730.86-0.470.960.240.310.420.910.690.230.910.920.710.740.920.90.550.740.770.980.990.69-0.730.93
0.980.730.94-0.90.870.750.840.920.780.97-0.250.780.930.580.990.890.950.90.990.970.840.810.97-0.980.84
0.990.860.94-0.850.910.480.740.790.870.96-0.260.870.930.680.960.910.930.90.960.990.930.90.96-0.970.89
-0.9-0.47-0.9-0.85-0.62-0.69-0.98-0.96-0.55-0.960.64-0.55-0.71-0.41-0.93-0.69-0.73-0.99-0.93-0.92-0.61-0.56-0.960.94-0.6
0.890.960.870.91-0.620.490.50.620.890.810.150.890.990.680.860.980.970.660.860.860.980.980.81-0.840.95
0.610.240.750.48-0.690.490.760.850.270.66-0.20.270.590.090.690.550.620.580.690.590.380.320.66-0.630.39
0.810.310.840.74-0.980.50.760.970.40.89-0.70.40.610.280.860.590.630.940.860.840.470.410.9-0.860.46
0.870.420.920.79-0.960.620.850.970.530.93-0.510.530.720.40.920.690.750.920.920.880.580.520.93-0.910.6
0.830.910.780.87-0.550.890.270.40.530.750.141.00.880.890.790.850.880.640.790.810.920.920.75-0.80.99
0.990.690.970.96-0.960.810.660.890.930.75-0.430.750.870.580.990.850.890.970.990.990.80.761.0-1.00.79
-0.30.23-0.25-0.260.640.15-0.2-0.7-0.510.14-0.430.140.050.12-0.320.050.03-0.62-0.32-0.360.110.15-0.430.370.15
0.830.910.780.87-0.550.890.270.40.531.00.750.140.880.890.790.850.880.640.790.810.920.920.75-0.80.99
0.930.920.930.93-0.710.990.590.610.720.880.870.050.880.670.920.990.990.740.920.910.960.950.87-0.890.94
0.640.710.580.68-0.410.680.090.280.40.890.580.120.890.670.60.690.640.520.60.630.690.690.58-0.650.85
0.990.740.990.96-0.930.860.690.860.920.790.99-0.320.790.920.60.890.930.941.00.990.850.810.99-0.990.84
0.910.920.890.91-0.690.980.550.590.690.850.850.050.850.990.690.890.950.720.890.890.940.930.85-0.870.92
0.940.90.950.93-0.730.970.620.630.750.880.890.030.880.990.640.930.950.760.930.920.960.940.88-0.910.94
0.930.550.90.9-0.990.660.580.940.920.640.97-0.620.640.740.520.940.720.760.940.950.680.630.97-0.960.67
0.990.740.990.96-0.930.860.690.860.920.790.99-0.320.790.920.61.00.890.930.940.990.850.810.99-0.990.84
1.00.770.970.99-0.920.860.590.840.880.810.99-0.360.810.910.630.990.890.920.950.990.870.830.99-1.00.85
0.890.980.840.93-0.610.980.380.470.580.920.80.110.920.960.690.850.940.960.680.850.871.00.8-0.840.95
0.860.990.810.9-0.560.980.320.410.520.920.760.150.920.950.690.810.930.940.630.810.831.00.76-0.80.95
0.990.690.970.96-0.960.810.660.90.930.751.0-0.430.750.870.580.990.850.880.970.990.990.80.76-1.00.79
-0.99-0.73-0.98-0.970.94-0.84-0.63-0.86-0.91-0.8-1.00.37-0.8-0.89-0.65-0.99-0.87-0.91-0.96-0.99-1.0-0.84-0.8-1.0-0.84
0.870.930.840.89-0.60.950.390.460.60.990.790.150.990.940.850.840.920.940.670.840.850.950.950.79-0.84
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Olaplex Holdings Account Relationship Matchups

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