Star Gross Profit vs Other Operating Expenses Analysis

SGR Stock

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Star Entertainment financial indicator trend analysis is much more than just breaking down Star Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Entertainment is a good investment. Please check the relationship between Star Entertainment Gross Profit and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Entertainment 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 board of governors.

Gross Profit vs Other Operating Expenses

Gross Profit vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Entertainment Gross Profit account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Star Entertainment's Gross Profit and Other Operating Expenses is 0.56. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Star Entertainment Group, assuming nothing else is changed. The correlation between historical values of Star Entertainment's Gross Profit and Other Operating Expenses 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 Star Entertainment Group are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., Star Entertainment's Gross Profit and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

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Gross Profit

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Star Entertainment. It is also known as Star Entertainment 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.

Most indicators from Star Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Entertainment 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 Star Entertainment 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 board of governors.

Tax Provision is likely to gain to about 144.5 M in 2025, whereas Selling General Administrative is likely to drop slightly above 622.4 M in 2025.

	2022	2023	2024	2025 (projected)
Other Operating Expenses	1.7B	932M	838.8M	1.3B
Gross Profit	828.4M	795.3M	715.8M	910.2M

Other Operating Expenses Gross Profit

Star Entertainment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets
Total Assets		0.88	-0.87	-0.32	0.98	0.81	0.77	0.89	0.93	0.36	-0.62	0.99	-0.24	0.42	-0.62	0.44	0.87	-0.16	-0.83	0.8	0.1	-0.17	0.61	-0.45	-0.05	0.52
Short Long Term Debt Total	0.88		-0.75	-0.3	0.8	0.51	0.64	0.99	0.78	0.02	-0.55	0.9	-0.14	0.25	-0.55	0.35	0.76	-0.23	-0.74	0.96	0.06	-0.14	0.77	-0.4	-0.08	0.74
Other Current Liab	-0.87	-0.75		0.58	-0.9	-0.64	-0.48	-0.74	-0.97	-0.16	0.45	-0.84	0.37	-0.36	0.45	-0.45	-0.98	0.55	0.93	-0.68	0.35	0.48	-0.29	0.72	0.03	-0.45
Total Current Liabilities	-0.32	-0.3	0.58		-0.38	-0.11	-0.2	-0.33	-0.53	0.34	0.36	-0.36	0.59	-0.1	0.36	0.29	-0.57	0.66	0.5	-0.45	0.54	0.52	-0.02	0.61	0.62	-0.49
Total Stockholder Equity	0.98	0.8	-0.9	-0.38		0.84	0.75	0.81	0.95	0.41	-0.6	0.97	-0.3	0.44	-0.6	0.44	0.9	-0.19	-0.84	0.71	0.04	-0.24	0.5	-0.5	-0.06	0.44
Other Liab	0.81	0.51	-0.64	-0.11	0.84		0.73	0.53	0.74	0.71	-0.44	0.77	-0.09	0.46	-0.44	0.44	0.68	0.03	-0.54	0.41	0.22	-0.08	0.42	-0.31	0.07	0.18
Property Plant And Equipment Net	0.77	0.64	-0.48	-0.2	0.75	0.73		0.68	0.62	0.56	-0.55	0.8	-0.05	0.17	-0.55	0.26	0.54	0.13	-0.37	0.58	0.41	0.0	0.81	-0.26	-0.21	0.43
Net Debt	0.89	0.99	-0.74	-0.33	0.81	0.53	0.68		0.78	0.05	-0.68	0.92	-0.12	0.27	-0.68	0.26	0.74	-0.2	-0.74	0.96	0.13	-0.08	0.76	-0.36	-0.21	0.78
Retained Earnings	0.93	0.78	-0.97	-0.53	0.95	0.74	0.62	0.78		0.28	-0.52	0.9	-0.36	0.45	-0.52	0.47	0.97	-0.45	-0.92	0.7	-0.24	-0.4	0.43	-0.7	-0.06	0.43
Accounts Payable	0.36	0.02	-0.16	0.34	0.41	0.71	0.56	0.05	0.28		-0.17	0.32	0.28	0.23	-0.17	0.46	0.2	0.27	-0.09	-0.17	0.43	0.13	0.21	-0.09	0.25	-0.32
Cash	-0.62	-0.55	0.45	0.36	-0.6	-0.44	-0.55	-0.68	-0.52	-0.17		-0.69	0.02	-0.29	1.0	0.25	-0.41	0.01	0.5	-0.61	-0.35	-0.2	-0.39	0.06	0.67	-0.65
Non Current Assets Total	0.99	0.9	-0.84	-0.36	0.97	0.77	0.8	0.92	0.9	0.32	-0.69		-0.23	0.36	-0.69	0.34	0.84	-0.11	-0.79	0.84	0.16	-0.14	0.65	-0.4	-0.16	0.61
Non Currrent Assets Other	-0.24	-0.14	0.37	0.59	-0.3	-0.09	-0.05	-0.12	-0.36	0.28	0.02	-0.23		-0.25	0.02	0.17	-0.39	0.25	0.35	-0.22	0.45	0.18	0.11	0.36	0.16	-0.07
Other Assets	0.42	0.25	-0.36	-0.1	0.44	0.46	0.17	0.27	0.45	0.23	-0.29	0.36	-0.25		-0.29	0.19	0.31	-0.22	-0.57	0.17	-0.18	-0.03	0.06	-0.28	0.02	-0.15
Cash And Short Term Investments	-0.62	-0.55	0.45	0.36	-0.6	-0.44	-0.55	-0.68	-0.52	-0.17	1.0	-0.69	0.02	-0.29		0.25	-0.41	0.01	0.5	-0.61	-0.35	-0.2	-0.39	0.06	0.67	-0.65
Net Receivables	0.44	0.35	-0.45	0.29	0.44	0.44	0.26	0.26	0.47	0.46	0.25	0.34	0.17	0.19	0.25		0.48	-0.19	-0.42	0.09	-0.17	-0.29	0.27	-0.43	0.78	-0.23
Good Will	0.87	0.76	-0.98	-0.57	0.9	0.68	0.54	0.74	0.97	0.2	-0.41	0.84	-0.39	0.31	-0.41	0.48		-0.52	-0.87	0.69	-0.33	-0.44	0.38	-0.74	-0.01	0.46
Common Stock Total Equity	-0.16	-0.23	0.55	0.66	-0.19	0.03	0.13	-0.2	-0.45	0.27	0.01	-0.11	0.25	-0.22	0.01	-0.19	-0.52		0.57	-0.22	0.86	0.6	0.09	0.81	0.08	-0.16
Common Stock Shares Outstanding	-0.83	-0.74	0.93	0.5	-0.84	-0.54	-0.37	-0.74	-0.92	-0.09	0.5	-0.79	0.35	-0.57	0.5	-0.42	-0.87	0.57		-0.66	0.37	0.42	-0.25	0.66	0.05	-0.39
Non Current Liabilities Total	0.8	0.96	-0.68	-0.45	0.71	0.41	0.58	0.96	0.7	-0.17	-0.61	0.84	-0.22	0.17	-0.61	0.09	0.69	-0.22	-0.66		0.05	-0.11	0.72	-0.33	-0.3	0.88
Inventory	0.1	0.06	0.35	0.54	0.04	0.22	0.41	0.13	-0.24	0.43	-0.35	0.16	0.45	-0.18	-0.35	-0.17	-0.33	0.86	0.37	0.05		0.59	0.37	0.67	-0.13	0.14
Other Current Assets	-0.17	-0.14	0.48	0.52	-0.24	-0.08	0.0	-0.08	-0.4	0.13	-0.2	-0.14	0.18	-0.03	-0.2	-0.29	-0.44	0.6	0.42	-0.11	0.59		0.13	0.53	0.01	-0.05
Total Liab	0.61	0.77	-0.29	-0.02	0.5	0.42	0.81	0.76	0.43	0.21	-0.39	0.65	0.11	0.06	-0.39	0.27	0.38	0.09	-0.25	0.72	0.37	0.13		-0.18	-0.08	0.58
Property Plant And Equipment Gross	-0.45	-0.4	0.72	0.61	-0.5	-0.31	-0.26	-0.36	-0.7	-0.09	0.06	-0.4	0.36	-0.28	0.06	-0.43	-0.74	0.81	0.66	-0.33	0.67	0.53	-0.18		-0.06	-0.14
Total Current Assets	-0.05	-0.08	0.03	0.62	-0.06	0.07	-0.21	-0.21	-0.06	0.25	0.67	-0.16	0.16	0.02	0.67	0.78	-0.01	0.08	0.05	-0.3	-0.13	0.01	-0.08	-0.06		-0.57
Intangible Assets	0.52	0.74	-0.45	-0.49	0.44	0.18	0.43	0.78	0.43	-0.32	-0.65	0.61	-0.07	-0.15	-0.65	-0.23	0.46	-0.16	-0.39	0.88	0.14	-0.05	0.58	-0.14	-0.57

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Star Entertainment Account Relationship Matchups

Star Entertainment fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.5B	5.4B	3.3B	1.9B	1.7B	1.6B
Short Long Term Debt Total	1.3B	1.3B	757.2M	301.8M	271.6M	258.0M
Other Current Liab	102.6M	124.4M	512.4M	569.7M	655.2M	687.9M
Total Current Liabilities	310.5M	356.5M	719M	751.9M	864.7M	513.6M
Total Stockholder Equity	3.6B	3.4B	1.8B	833.3M	750.0M	712.5M
Other Liab	154.8M	162.4M	159.9M	19.1M	22.0M	20.9M
Property Plant And Equipment Net	2.7B	2.6B	1.8B	1.2B	1.3B	2.4B
Net Debt	1.2B	1.3B	668.5M	2.2M	2.0M	1.9M
Retained Earnings	450.3M	247.8M	(2.2B)	(3.9B)	(3.5B)	(3.3B)
Accounts Payable	176.6M	202.9M	182M	176.1M	202.5M	239.6M
Cash	67.9M	82M	88.7M	299.6M	269.6M	283.1M
Non Current Assets Total	5.3B	5.2B	3.0B	1.4B	1.6B	1.5B
Non Currrent Assets Other	(1.4B)	(1.2B)	(102.1M)	18M	20.7M	21.7M
Other Assets	50.9M	102.8M	254.5M	1.0	1.15	1.09
Cash And Short Term Investments	67.9M	82M	88.7M	299.6M	269.6M	283.1M
Net Receivables	23.3M	7.8M	4.7M	31.5M	28.4M	26.9M
Common Stock Shares Outstanding	1.1B	1.1B	1.2B	2.5B	2.9B	3.0B
Liabilities And Stockholders Equity	5.5B	5.4B	3.3B	1.9B	1.7B	1.6B
Non Current Liabilities Total	1.5B	1.6B	770.3M	312.6M	281.3M	267.3M
Inventory	15.2M	16.2M	14.9M	13.6M	15.6M	12.6M
Other Current Assets	57.3M	95.5M	143.2M	143.4M	164.9M	95.4M
Total Liab	2.4B	1.8B	1.9B	1.1B	1.2B	1.8B
Property Plant And Equipment Gross	4.3B	2.6B	4.4B	4.4B	5.1B	2.9B
Total Current Assets	163.7M	201.5M	251.5M	488.1M	439.3M	279.4M
Accumulated Other Comprehensive Income	5.2M	11.5M	2.8M	9.6M	8.6M	9.1M
Intangible Assets	1.8B	1.7B	332.8M	72.6M	83.5M	79.3M
Property Plant Equipment	2.8B	2.7B	2.6B	1.8B	2.0B	2.4B
Current Deferred Revenue	23.5M	23.1M	18.6M	18.1M	20.8M	18.9M
Long Term Debt	1.2B	1.3B	751.2M	269.6M	242.6M	230.5M
Short Term Debt	162.9M	6.8M	6.1M	6M	5.5M	5.2M
Other Stockholder Equity	(18.6M)	(6.9M)	(7.3M)	(6.4M)	(7.4M)	(7.7M)
Net Tangible Assets	1.6B	1.8B	1.8B	1.4B	1.7B	1.7B
Short Long Term Debt	155.9M	23.5M	6.1M	6M	5.4M	5.1M
Long Term Debt Total	1.5B	1.3B	1.3B	751.2M	863.9M	1.1B
Long Term Investments	631.7M	669.6M	669.2M	161.7M	186.0M	176.7M
Net Invested Capital	4.9B	4.8B	2.5B	1.1B	992.6M	943.0M

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