SBC Operating Income vs Selling General Administrative Analysis

SBCWW Stock   0.24  0.02  7.69%   
SBC Medical financial indicator trend analysis is much more than just breaking down SBC Medical Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBC Medical Group is a good investment. Please check the relationship between SBC Medical Operating Income and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBC Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Operating Income vs Selling General Administrative

JavaScript chart by amCharts 3.21.1520142016201820202022202425M30M35M40M45M50M55M60M65M 64M66M68M70M72M74M76M78M80M82M84M86M88M90M92M
JavaScript chart by amCharts 3.21.15Operating Incometotal: 335.4MSelling General Administrativetotal: 1.1B

Operating Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBC Medical Group Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
Operating IncomeSelling General AdministrativeDiversified AwayOperating IncomeSelling General AdministrativeDiversified Away100%
The correlation between SBC Medical's Operating Income and Selling General Administrative is -0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of SBC Medical Group, assuming nothing else is changed. The correlation between historical values of SBC Medical's Operating Income and Selling General Administrative 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 SBC Medical Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., SBC Medical's Operating Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from SBC Medical Group 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 SBC Medical Group 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.

Selling General Administrative

Most indicators from SBC Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBC Medical Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SBC Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Tax Provision is likely to drop to about 29.2 M in 2024. Selling General Administrative is likely to drop to about 63.9 M in 2024
 2010 2023 2024 (projected)
Net Interest Income440.9K41.5K39.4K
Tax Provision18.1M35.0M29.2M

SBC Medical fundamental ratios Correlations

-0.96-0.940.98-0.950.980.950.95-0.99-1.00.940.93-0.92-0.97-0.990.980.980.940.93-0.820.98-0.92-0.98-1.00.97-0.91
-0.960.8-1.00.82-1.0-1.0-1.00.920.94-1.0-1.00.770.870.98-1.0-0.9-1.0-0.990.63-1.00.771.00.97-1.00.76
-0.940.8-0.851.0-0.84-0.79-0.780.970.95-0.76-0.761.00.990.9-0.84-0.98-0.77-0.740.97-0.841.00.850.93-0.821.0
0.98-1.0-0.85-0.861.00.990.99-0.95-0.970.990.99-0.82-0.9-1.01.00.930.990.98-0.691.0-0.82-1.0-0.981.0-0.81
-0.950.821.0-0.86-0.85-0.81-0.790.980.96-0.78-0.771.01.00.91-0.85-0.99-0.78-0.750.96-0.861.00.860.94-0.841.0
0.98-1.0-0.841.0-0.851.00.99-0.94-0.960.990.99-0.81-0.9-0.991.00.920.990.99-0.681.0-0.81-1.0-0.981.0-0.8
0.95-1.0-0.790.99-0.811.01.0-0.91-0.941.01.0-0.76-0.86-0.981.00.891.01.0-0.611.0-0.76-1.0-0.961.0-0.75
0.95-1.0-0.780.99-0.790.991.0-0.9-0.931.01.0-0.74-0.84-0.980.990.871.01.0-0.590.99-0.74-0.99-0.951.0-0.73
-0.990.920.97-0.950.98-0.94-0.91-0.91.0-0.89-0.890.960.990.97-0.94-1.0-0.89-0.880.88-0.940.960.950.99-0.930.95
-1.00.940.95-0.970.96-0.96-0.94-0.931.0-0.92-0.920.940.980.99-0.96-0.99-0.92-0.910.85-0.970.940.971.0-0.960.93
0.94-1.0-0.760.99-0.780.991.01.0-0.89-0.921.0-0.73-0.83-0.970.990.861.01.0-0.580.99-0.73-0.99-0.950.99-0.72
0.93-1.0-0.760.99-0.770.991.01.0-0.89-0.921.0-0.72-0.83-0.970.990.861.01.0-0.570.99-0.72-0.99-0.940.99-0.71
-0.920.771.0-0.821.0-0.81-0.76-0.740.960.94-0.73-0.720.990.87-0.81-0.97-0.73-0.70.98-0.811.00.820.91-0.791.0
-0.970.870.99-0.91.0-0.9-0.86-0.840.990.98-0.83-0.830.990.94-0.9-1.0-0.83-0.810.93-0.90.990.90.97-0.880.98
-0.990.980.9-1.00.91-0.99-0.98-0.980.970.99-0.97-0.970.870.94-0.99-0.96-0.97-0.960.76-0.990.870.991.0-0.990.86
0.98-1.0-0.841.0-0.851.01.00.99-0.94-0.960.990.99-0.81-0.9-0.990.920.990.99-0.681.0-0.82-1.0-0.981.0-0.8
0.98-0.9-0.980.93-0.990.920.890.87-1.0-0.990.860.86-0.97-1.0-0.960.920.870.85-0.910.92-0.97-0.93-0.980.91-0.97
0.94-1.0-0.770.99-0.780.991.01.0-0.89-0.921.01.0-0.73-0.83-0.970.990.871.0-0.580.99-0.73-0.99-0.951.0-0.72
0.93-0.99-0.740.98-0.750.991.01.0-0.88-0.911.01.0-0.7-0.81-0.960.990.851.0-0.550.99-0.71-0.98-0.930.99-0.69
-0.820.630.97-0.690.96-0.68-0.61-0.590.880.85-0.58-0.570.980.930.76-0.68-0.91-0.58-0.55-0.680.980.680.81-0.650.98
0.98-1.0-0.841.0-0.861.01.00.99-0.94-0.970.990.99-0.81-0.9-0.991.00.920.990.99-0.68-0.82-1.0-0.981.0-0.8
-0.920.771.0-0.821.0-0.81-0.76-0.740.960.94-0.73-0.721.00.990.87-0.82-0.97-0.73-0.710.98-0.820.820.91-0.81.0
-0.981.00.85-1.00.86-1.0-1.0-0.990.950.97-0.99-0.990.820.90.99-1.0-0.93-0.99-0.980.68-1.00.820.98-1.00.81
-1.00.970.93-0.980.94-0.98-0.96-0.950.991.0-0.95-0.940.910.971.0-0.98-0.98-0.95-0.930.81-0.980.910.98-0.970.9
0.97-1.0-0.821.0-0.841.01.01.0-0.93-0.960.990.99-0.79-0.88-0.991.00.911.00.99-0.651.0-0.8-1.0-0.97-0.78
-0.910.761.0-0.811.0-0.8-0.75-0.730.950.93-0.72-0.711.00.980.86-0.8-0.97-0.72-0.690.98-0.81.00.810.9-0.78
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SBC Medical Account Relationship Matchups

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