Outfront Other Operating Expenses vs Gross Profit Analysis

OUT Stock  USD 19.21  0.01  0.05%   
Outfront Media financial indicator trend analysis is much more than just breaking down Outfront Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Outfront Media is a good investment. Please check the relationship between Outfront Media Other Operating Expenses and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outfront Media. 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.
For more information on how to buy Outfront Stock please use our How to Invest in Outfront Media guide.

Other Operating Expenses vs Gross Profit

Other Operating Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Outfront Media Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Outfront Media's Other Operating Expenses and Gross Profit is 0.83. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Outfront Media, assuming nothing else is changed. The correlation between historical values of Outfront Media's Other Operating 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 Other Operating Expenses of Outfront Media 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 Other Operating Expenses i.e., Outfront Media's Other Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Outfront Media. It is also known as Outfront Media overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Outfront Media minus its cost of goods sold. It is profit before Outfront Media 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 Outfront Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Outfront Media 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 Outfront Media. 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.
For more information on how to buy Outfront Stock please use our How to Invest in Outfront Media guide.At this time, Outfront Media's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 324.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit679.9M860.7M852.3M745.2M
Total Revenue1.5B1.8B1.8B1.6B

Outfront Media fundamental ratios Correlations

0.790.30.6-0.60.730.890.85-0.620.210.820.710.210.830.51-0.630.84-0.840.710.770.830.540.360.520.75-0.63
0.790.110.68-0.410.970.830.86-0.60.550.990.760.550.780.44-0.520.89-0.850.710.730.890.480.660.680.7-0.52
0.30.110.32-0.360.10.330.33-0.45-0.270.160.09-0.270.470.34-0.350.240.02-0.120.560.250.19-0.140.00.12-0.35
0.60.680.32-0.690.710.820.76-0.420.270.690.580.270.590.18-0.540.77-0.590.460.590.810.450.360.950.27-0.54
-0.6-0.41-0.36-0.69-0.31-0.7-0.80.27-0.11-0.42-0.38-0.11-0.56-0.610.93-0.770.52-0.39-0.72-0.78-0.32-0.21-0.6-0.40.93
0.730.970.10.71-0.310.80.78-0.560.480.970.710.480.740.23-0.360.81-0.780.650.640.820.490.580.730.59-0.36
0.890.830.330.82-0.70.80.91-0.610.290.850.720.290.850.42-0.680.91-0.80.670.760.920.50.430.750.66-0.68
0.850.860.330.76-0.80.780.91-0.520.350.870.710.350.850.63-0.850.99-0.790.60.910.990.430.470.680.73-0.85
-0.62-0.6-0.45-0.420.27-0.56-0.61-0.52-0.17-0.61-0.43-0.17-0.58-0.40.3-0.510.67-0.67-0.45-0.51-0.61-0.32-0.31-0.50.3
0.210.55-0.270.27-0.110.480.290.35-0.170.420.191.00.090.16-0.250.45-0.420.370.190.440.060.970.390.03-0.25
0.820.990.160.69-0.420.970.850.87-0.610.420.80.420.830.42-0.510.88-0.840.690.750.880.50.540.670.75-0.51
0.710.760.090.58-0.380.710.720.71-0.430.190.80.190.570.29-0.410.71-0.650.520.620.710.420.250.580.74-0.41
0.210.55-0.270.27-0.110.480.290.35-0.171.00.420.190.090.16-0.250.45-0.420.370.190.440.060.970.390.03-0.25
0.830.780.470.59-0.560.740.850.85-0.580.090.830.570.090.57-0.640.82-0.660.490.830.810.320.270.460.78-0.64
0.510.440.340.18-0.610.230.420.63-0.40.160.420.290.160.57-0.820.61-0.530.440.740.570.330.330.060.6-0.82
-0.63-0.52-0.35-0.540.93-0.36-0.68-0.850.3-0.25-0.51-0.41-0.25-0.64-0.82-0.830.57-0.41-0.83-0.82-0.25-0.37-0.44-0.561.0
0.840.890.240.77-0.770.810.910.99-0.510.450.880.710.450.820.61-0.83-0.820.650.871.00.430.560.730.71-0.83
-0.84-0.850.02-0.590.52-0.78-0.8-0.790.67-0.42-0.84-0.65-0.42-0.66-0.530.57-0.82-0.95-0.61-0.82-0.71-0.57-0.63-0.670.57
0.710.71-0.120.46-0.390.650.670.6-0.670.370.690.520.370.490.44-0.410.65-0.950.420.640.810.520.530.53-0.41
0.770.730.560.59-0.720.640.760.91-0.450.190.750.620.190.830.74-0.830.87-0.610.420.860.420.340.430.68-0.83
0.830.890.250.81-0.780.820.920.99-0.510.440.880.710.440.810.57-0.821.0-0.820.640.860.450.550.770.67-0.82
0.540.480.190.45-0.320.490.50.43-0.610.060.50.420.060.320.33-0.250.43-0.710.810.420.450.220.410.26-0.25
0.360.66-0.140.36-0.210.580.430.47-0.320.970.540.250.970.270.33-0.370.56-0.570.520.340.550.220.440.15-0.37
0.520.680.00.95-0.60.730.750.68-0.310.390.670.580.390.460.06-0.440.73-0.630.530.430.770.410.440.25-0.44
0.750.70.120.27-0.40.590.660.73-0.50.030.750.740.030.780.6-0.560.71-0.670.530.680.670.260.150.25-0.56
-0.63-0.52-0.35-0.540.93-0.36-0.68-0.850.3-0.25-0.51-0.41-0.25-0.64-0.821.0-0.830.57-0.41-0.83-0.82-0.25-0.37-0.44-0.56
Click cells to compare fundamentals

Outfront Media Account Relationship Matchups

Outfront Media fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding143.2M144.3M146.1M161.8M164.9M150.0M
Total Assets5.4B5.9B5.9B6.0B5.6B4.9B
Other Current Liab189.8M7.5M36.9M44.7M73M67.3M
Total Current Liabilities650M534.9M507.7M551.6M593M453.6M
Total Stockholder Equity1.1B1.4B1.4B1.2B726.8M1.1B
Property Plant And Equipment Net2.1B2.1B2.4B2.3B2.2B1.4B
Current Deferred Revenue29M29.5M30.9M35.3M37.7M27.7M
Net Debt3.8B3.4B3.7B4.2B4.3B2.7B
Accounts Payable68.4M67.9M64.9M65.4M55.5M56.5M
Cash59.1M710.4M424.8M40.4M36M34.2M
Non Current Assets Total4.9B4.9B5.1B5.6B5.2B4.4B
Non Currrent Assets Other189.3M241.4M41.5M374.9M233.8M135.2M
Cash And Short Term Investments59.1M710.4M424.8M40.4M36M34.2M
Net Receivables290M209.2M310.5M315.5M287.6M262.0M
Good Will2.1B2.1B2.1B2.1B2.0B2.2B
Liabilities And Stockholders Equity5.4B5.9B5.9B6.0B5.6B4.9B
Non Current Liabilities Total3.6B4.0B4.0B4.2B4.3B2.9B
Inventory81.6M21.4M30.3M28.9M1.00.95
Other Current Assets5.1M55.1M42M34.5M74M77.7M
Other Stockholder Equity3.0B2.1B2.1B2.4B2.4B2.1B
Total Liab4.3B4.5B4.5B4.8B4.9B3.4B
Property Plant And Equipment Gross2.1B2.1B647.9M699.8M3.7B3.9B
Total Current Assets435.8M974.7M777.3M390.4M397.6M499.8M
Accumulated Other Comprehensive Income(17.7M)(18M)(4.4M)(9.1M)(5.8M)(6.1M)
Short Term Debt363.3M433M375M406.2M426.8M281.0M
Intangible Assets550.9M547.5M614.9M858.5M695.4M626.0M
Other Liab94.1M105.5M97.5M94.2M84.8M87.2M
Other Assets173.9M241.4M321.3M402.3M362.1M214.3M
Property Plant Equipment666.2M634.2M2.1B699.8M804.8M916.2M
Short Long Term Debt Total3.9B4.1B4.1B4.2B4.3B3.4B
Net Tangible Assets(1.5B)1.4B(1.7B)1.3B1.5B1.6B
Noncontrolling Interest In Consolidated Entity32.6M26.5M13M4M4.6M4.4M
Retained Earnings(964.6M)(1.1B)(1.1B)(1.2B)(1.8B)(1.7B)
Long Term Debt2.2B2.6B2.6B2.6B2.7B2.6B
Retained Earnings Total Equity(964.6M)(1.1B)(1.1B)(1.2B)(1.1B)(1.1B)
Long Term Debt Total2.2B2.6B2.6B2.6B3.0B2.6B
Capital Surpluse2.1B2.1B2.1B2.4B2.8B2.3B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Outfront Stock Analysis

When running Outfront Media's price analysis, check to measure Outfront Media'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 Outfront Media is operating at the current time. Most of Outfront Media's value examination focuses on studying past and present price action to predict the probability of Outfront Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outfront Media's price. Additionally, you may evaluate how the addition of Outfront Media to your portfolios can decrease your overall portfolio volatility.