Powell Gross Profit vs Total Other Income Expense Net Analysis

PMAX Stock   2.55  0.14  5.20%   
Powell Max financial indicator trend analysis is much more than just breaking down Powell Max Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Powell Max Limited is a good investment. Please check the relationship between Powell Max Gross Profit and its Total Other Income Expense Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Powell Max Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Gross Profit vs Total Other Income Expense Net

JavaScript chart by amCharts 3.21.1520142016201820202022202415.5M16M16.5M17M17.5M18M18.5M19M19.5M20M20.5M21M21.5M22M22.5M23M23.5M -50K050K100K150K200K250K300K350K400K450K500K550K
JavaScript chart by amCharts 3.21.15Gross Profittotal: 201.1MTotal Other Income Expense Nettotal: 5.6M

Gross Profit vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Powell Max Limited Gross Profit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have pay attention.
Gross ProfitTotal Other Income Expense NetDiversified AwayGross ProfitTotal Other Income Expense NetDiversified Away100%
The correlation between Powell Max's Gross Profit and Total Other Income Expense Net is -0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Powell Max Limited, assuming nothing else is changed. The correlation between historical values of Powell Max's Gross Profit and Total Other Income Expense Net 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 Powell Max Limited are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Gross Profit i.e., Powell Max's Gross Profit and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Gross Profit

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

Total Other Income Expense Net

Most indicators from Powell Max's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Powell Max Limited 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 Powell Max Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative is likely to drop to about 8.4 M in 2024
 2010 2023 2024 (projected)
Interest Expense690.5K550.7K496.5K
Interest Income1.5K48.2K27.3K

Powell Max fundamental ratios Correlations

-0.790.99-0.98-0.960.991.00.94-0.980.96-0.97-0.96-0.99-0.940.990.83-0.970.96-0.970.99
-0.79-0.680.660.57-0.68-0.77-0.530.66-0.580.920.570.670.95-0.7-1.00.91-0.570.92-0.68
0.99-0.68-1.0-0.991.00.990.98-1.00.99-0.92-0.99-1.0-0.881.00.74-0.920.99-0.921.0
-0.980.66-1.00.99-1.0-0.99-0.991.0-0.990.910.991.00.86-1.0-0.720.91-0.990.91-1.0
-0.960.57-0.990.99-0.99-0.96-1.00.99-1.00.851.00.990.8-0.99-0.630.86-1.00.85-0.99
0.99-0.681.0-1.0-0.990.990.98-1.00.99-0.92-0.99-1.0-0.881.00.74-0.920.99-0.921.0
1.0-0.770.99-0.99-0.960.990.95-0.990.97-0.96-0.96-0.99-0.930.990.82-0.960.96-0.960.99
0.94-0.530.98-0.99-1.00.980.95-0.991.0-0.83-1.0-0.98-0.770.980.6-0.831.0-0.830.98
-0.980.66-1.01.00.99-1.0-0.99-0.99-0.990.910.991.00.86-1.0-0.720.91-0.990.91-1.0
0.96-0.580.99-0.99-1.00.990.971.0-0.99-0.86-1.0-0.99-0.80.990.64-0.861.0-0.860.99
-0.970.92-0.920.910.85-0.92-0.96-0.830.91-0.860.850.911.0-0.92-0.941.0-0.851.0-0.92
-0.960.57-0.990.991.0-0.99-0.96-1.00.99-1.00.850.990.8-0.99-0.630.86-1.00.85-0.99
-0.990.67-1.01.00.99-1.0-0.99-0.981.0-0.990.910.990.87-1.0-0.730.92-0.990.91-1.0
-0.940.95-0.880.860.8-0.88-0.93-0.770.86-0.81.00.80.87-0.88-0.970.99-0.791.0-0.87
0.99-0.71.0-1.0-0.991.00.990.98-1.00.99-0.92-0.99-1.0-0.880.75-0.930.99-0.921.0
0.83-1.00.74-0.72-0.630.740.820.6-0.720.64-0.94-0.63-0.73-0.970.75-0.940.63-0.940.73
-0.970.91-0.920.910.86-0.92-0.96-0.830.91-0.861.00.860.920.99-0.93-0.94-0.861.0-0.92
0.96-0.570.99-0.99-1.00.990.961.0-0.991.0-0.85-1.0-0.99-0.790.990.63-0.86-0.850.99
-0.970.92-0.920.910.85-0.92-0.96-0.830.91-0.861.00.850.911.0-0.92-0.941.0-0.85-0.92
0.99-0.681.0-1.0-0.991.00.990.98-1.00.99-0.92-0.99-1.0-0.871.00.73-0.920.99-0.92
Click cells to compare fundamentals

Powell Max Account Relationship Matchups

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