Silgan Total Revenue vs Gross Profit Analysis

SLGN Stock

USD 57.45 0.28 0.49%

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

To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.

Total Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silgan Holdings Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Silgan Holdings' Total Revenue and Gross Profit is 0.65. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Silgan Holdings, assuming nothing else is changed. The correlation between historical values of Silgan Holdings' Total Revenue 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 Total Revenue of Silgan Holdings 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 Total Revenue i.e., Silgan Holdings' Total Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Revenue

Total revenue comprises all receipts Silgan Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

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

Most indicators from Silgan Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silgan 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan 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 price.

To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.As of the 29th of November 2024, Selling General Administrative is likely to drop to about 231.8 M. In addition to that, Tax Provision is likely to drop to about 84.9 M

	2021	2022	2023	2024 (projected)
Gross Profit	918.4M	1.0B	218.5M	207.6M
Total Revenue	5.7B	6.4B	6.0B	3.5B

Gross Profit Total Revenue

Silgan Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.72	-0.05	0.56	0.97	0.84	-0.9	0.81	0.97	0.98	0.79	1.0	0.15	0.79	0.81	0.99	-0.72	0.77	0.74	0.93	-0.82	1.0	0.92	0.97	-0.01	0.92
Short Long Term Debt Total	0.72		0.14	0.59	0.68	0.86	-0.53	0.78	0.62	0.64	0.71	0.69	0.16	0.71	0.88	0.67	-0.59	0.7	0.78	0.6	-0.46	0.72	0.59	0.75	0.23	0.65
Other Current Liab	-0.05	0.14		0.07	-0.04	0.15	0.15	0.06	0.0	-0.02	-0.19	-0.05	0.51	-0.19	0.19	-0.09	-0.37	0.1	0.24	-0.22	-0.08	-0.05	-0.22	-0.03	0.08	0.26
Total Current Liabilities	0.56	0.59	0.07		0.65	0.38	-0.47	0.17	0.52	0.49	0.81	0.49	-0.17	0.81	0.32	0.48	-0.33	0.09	0.39	0.63	-0.25	0.52	0.6	0.73	0.8	0.49
Total Stockholder Equity	0.97	0.68	-0.04	0.65		0.78	-0.91	0.7	0.96	0.94	0.85	0.95	0.03	0.85	0.73	0.95	-0.69	0.65	0.7	0.95	-0.76	0.95	0.94	0.98	0.14	0.87
Property Plant And Equipment Net	0.84	0.86	0.15	0.38	0.78		-0.73	0.95	0.83	0.83	0.56	0.85	0.3	0.56	0.97	0.82	-0.81	0.89	0.94	0.68	-0.8	0.85	0.68	0.79	-0.12	0.83
Current Deferred Revenue	-0.9	-0.53	0.15	-0.47	-0.91	-0.73		-0.69	-0.93	-0.9	-0.68	-0.9	-0.07	-0.68	-0.66	-0.9	0.63	-0.65	-0.68	-0.84	0.81	-0.88	-0.93	-0.86	0.04	-0.81
Net Debt	0.81	0.78	0.06	0.17	0.7	0.95	-0.69		0.77	0.81	0.44	0.84	0.43	0.44	0.96	0.83	-0.72	0.95	0.85	0.62	-0.79	0.84	0.64	0.69	-0.35	0.8
Retained Earnings	0.97	0.62	0.0	0.52	0.96	0.83	-0.93	0.77		0.98	0.69	0.97	0.19	0.69	0.76	0.96	-0.79	0.72	0.76	0.88	-0.91	0.96	0.9	0.93	-0.04	0.94
Accounts Payable	0.98	0.64	-0.02	0.49	0.94	0.83	-0.9	0.81	0.98		0.69	0.98	0.23	0.69	0.79	0.98	-0.73	0.77	0.74	0.89	-0.88	0.98	0.92	0.92	-0.1	0.93
Cash	0.79	0.71	-0.19	0.81	0.85	0.56	-0.68	0.44	0.69	0.69		0.74	-0.3	1.0	0.56	0.74	-0.36	0.41	0.47	0.86	-0.35	0.76	0.84	0.9	0.45	0.57
Non Current Assets Total	1.0	0.69	-0.05	0.49	0.95	0.85	-0.9	0.84	0.97	0.98	0.74		0.2	0.74	0.83	1.0	-0.72	0.8	0.73	0.9	-0.85	1.0	0.91	0.94	-0.09	0.92
Non Currrent Assets Other	0.15	0.16	0.51	-0.17	0.03	0.3	-0.07	0.43	0.19	0.23	-0.3	0.2		-0.3	0.33	0.2	-0.38	0.32	0.31	-0.02	-0.4	0.2	-0.04	0.03	-0.29	0.45
Cash And Short Term Investments	0.79	0.71	-0.19	0.81	0.85	0.56	-0.68	0.44	0.69	0.69	1.0	0.74	-0.3		0.56	0.74	-0.36	0.41	0.47	0.86	-0.35	0.76	0.84	0.9	0.45	0.57
Net Receivables	0.81	0.88	0.19	0.32	0.73	0.97	-0.66	0.96	0.76	0.79	0.56	0.83	0.33	0.56		0.81	-0.74	0.93	0.85	0.63	-0.71	0.83	0.64	0.75	-0.18	0.8
Good Will	0.99	0.67	-0.09	0.48	0.95	0.82	-0.9	0.83	0.96	0.98	0.74	1.0	0.2	0.74	0.81		-0.67	0.79	0.7	0.9	-0.83	0.99	0.92	0.93	-0.1	0.91
Common Stock Shares Outstanding	-0.72	-0.59	-0.37	-0.33	-0.69	-0.81	0.63	-0.72	-0.79	-0.73	-0.36	-0.72	-0.38	-0.36	-0.74	-0.67		-0.67	-0.86	-0.56	0.86	-0.72	-0.51	-0.69	0.07	-0.81
Non Current Liabilities Total	0.77	0.7	0.1	0.09	0.65	0.89	-0.65	0.95	0.72	0.77	0.41	0.8	0.32	0.41	0.93	0.79	-0.67		0.78	0.57	-0.73	0.8	0.61	0.65	-0.47	0.73
Inventory	0.74	0.78	0.24	0.39	0.7	0.94	-0.68	0.85	0.76	0.74	0.47	0.73	0.31	0.47	0.85	0.7	-0.86	0.78		0.6	-0.78	0.74	0.6	0.71	-0.04	0.75
Other Current Assets	0.93	0.6	-0.22	0.63	0.95	0.68	-0.84	0.62	0.88	0.89	0.86	0.9	-0.02	0.86	0.63	0.9	-0.56	0.57	0.6		-0.67	0.91	0.94	0.95	0.15	0.77
Other Stockholder Equity	-0.82	-0.46	-0.08	-0.25	-0.76	-0.8	0.81	-0.79	-0.91	-0.88	-0.35	-0.85	-0.4	-0.35	-0.71	-0.83	0.86	-0.73	-0.78	-0.67		-0.84	-0.68	-0.71	0.27	-0.89
Total Liab	1.0	0.72	-0.05	0.52	0.95	0.85	-0.88	0.84	0.96	0.98	0.76	1.0	0.2	0.76	0.83	0.99	-0.72	0.8	0.74	0.91	-0.84		0.91	0.95	-0.06	0.92
Property Plant And Equipment Gross	0.92	0.59	-0.22	0.6	0.94	0.68	-0.93	0.64	0.9	0.92	0.84	0.91	-0.04	0.84	0.64	0.92	-0.51	0.61	0.6	0.94	-0.68	0.91		0.93	0.08	0.76
Total Current Assets	0.97	0.75	-0.03	0.73	0.98	0.79	-0.86	0.69	0.93	0.92	0.9	0.94	0.03	0.9	0.75	0.93	-0.69	0.65	0.71	0.95	-0.71	0.95	0.93		0.22	0.85
Short Term Debt	-0.01	0.23	0.08	0.8	0.14	-0.12	0.04	-0.35	-0.04	-0.1	0.45	-0.09	-0.29	0.45	-0.18	-0.1	0.07	-0.47	-0.04	0.15	0.27	-0.06	0.08	0.22		-0.04
Common Stock	0.92	0.65	0.26	0.49	0.87	0.83	-0.81	0.8	0.94	0.93	0.57	0.92	0.45	0.57	0.8	0.91	-0.81	0.73	0.75	0.77	-0.89	0.92	0.76	0.85	-0.04

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Silgan Holdings Account Relationship Matchups

Silgan Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9B	6.5B	7.8B	7.3B	7.6B	8.0B
Short Long Term Debt Total	2.2B	3.3B	3.8B	3.5B	3.4B	1.8B
Other Current Liab	988.8M	361.0M	355.0M	383.8M	355.6M	346.9M
Total Current Liabilities	988.8M	1.2B	1.5B	1.4B	2.3B	2.4B
Total Stockholder Equity	1.0B	1.3B	1.6B	1.7B	1.9B	2.0B
Property Plant And Equipment Net	1.6B	1.8B	2.0B	1.9B	2.2B	1.1B
Current Deferred Revenue	(756.9M)	(830.6M)	(1.2B)	(2.0B)	(1.8B)	(1.7B)
Net Debt	2.0B	2.8B	3.2B	2.9B	2.8B	1.5B
Retained Earnings	2.1B	2.4B	2.7B	3.0B	3.2B	3.4B
Accounts Payable	727.1M	802.5M	1.1B	974.0M	1.1B	1.1B
Cash	203.8M	409.5M	631.4M	585.6M	642.9M	675.1M
Non Current Assets Total	3.5B	4.7B	5.5B	5.2B	5.3B	5.5B
Non Currrent Assets Other	457.2M	500.9M	611.9M	144.2M	337.5M	281.0M
Cash And Short Term Investments	203.8M	409.5M	631.4M	585.6M	642.9M	675.1M
Net Receivables	505M	619.5M	711.3M	658.0M	599.5M	316.6M
Good Will	1.1B	1.7B	2.0B	2.0B	2.0B	2.1B
Common Stock Shares Outstanding	111.5M	111.4M	111.2M	111.0M	109.2M	115.0M
Liabilities And Stockholders Equity	4.9B	6.5B	7.8B	7.3B	7.6B	8.0B
Non Current Liabilities Total	2.9B	4.1B	4.7B	4.3B	3.4B	1.8B
Inventory	633M	677.5M	798.8M	769.4M	940.8M	499.6M
Other Current Assets	65M	92.6M	154.2M	119.7M	165.7M	174.0M
Other Stockholder Equity	(860.0M)	(883.3M)	(871.0M)	(899.3M)	(1.1B)	(1.0B)
Total Liab	3.9B	5.3B	6.2B	5.6B	5.7B	6.0B
Property Plant And Equipment Gross	1.8B	1.8B	4.5B	4.5B	4.7B	5.0B
Total Current Assets	1.4B	1.8B	2.3B	2.1B	2.3B	2.5B
Accumulated Other Comprehensive Income	(259.7M)	(261.0M)	(259.8M)	(345.3M)	(251.4M)	(238.8M)
Short Term Debt	29.8M	28.0M	20.3M	80.1M	880.3M	924.3M
Intangible Assets	354.6M	637.2M	830.8M	763.8M	721.0M	757.1M
Other Liab	515.9M	851.8M	926.7M	671.4M	772.1M	810.7M
Other Assets	270.3M	2.9B	3.5B	327.0M	1.0	0.95
Long Term Debt	2.2B	3.2B	3.8B	3.4B	2.5B	1.7B
Treasury Stock	(1.1B)	(1.2B)	(1.2B)	(1.2B)	(1.1B)	(1.1B)
Property Plant Equipment	1.6B	1.8B	2.0B	2.1B	2.5B	1.2B
Net Tangible Assets	(473.5M)	(1.1B)	1.6B	(1.0B)	(927.5M)	(881.1M)
Retained Earnings Total Equity	2.1B	2.4B	2.7B	3.0B	3.4B	1.9B
Long Term Debt Total	2.2B	3.2B	3.8B	3.3B	3.8B	2.2B
Capital Surpluse	289.4M	306.4M	325.4M	339.8M	390.8M	280.0M

Pair Trading with Silgan Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Silgan Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Silgan Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Silgan Stock

0.89	IP	International Paper	Pair Corr
0.9	SW	Smurfit WestRock plc	Pair Corr

Moving against Silgan Stock

0.8	DSS	DSS Inc	Pair Corr
0.68	AVY	Avery Dennison Corp	Pair Corr
0.65	SON	Sonoco Products	Pair Corr
0.64	MYE	Myers Industries Potential Growth	Pair Corr
0.61	AMCR	Amcor PLC	Pair Corr

The ability to find closely correlated positions to Silgan Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silgan Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Silgan Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Silgan Holdings to buy it.

The correlation of Silgan Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Silgan Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silgan Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Silgan Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Silgan Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silgan Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Silgan Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silgan Holdings Stock:

How To Invest In Silgan

Details

Is Silgan Stock a good investment?

Details

What is Silgan Holdings' Net Worth?

Details

Largest Packaging & Containers Companies

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Largest Consumer Cyclical Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan 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 price.

To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Silgan Holdings. If investors know Silgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Silgan Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.09)

Dividend Share

0.75

Earnings Share

2.76

Revenue Per Share

54.197

Quarterly Revenue Growth

(0.03)

The market value of Silgan Holdings is measured differently than its book value, which is the value of Silgan that is recorded on the company's balance sheet. Investors also form their own opinion of Silgan Holdings' value that differs from its market value or its book value, called intrinsic value, which is Silgan Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Silgan Holdings' market value can be influenced by many factors that don't directly affect Silgan Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Silgan Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silgan Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silgan Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Silgan Total Revenue vs Gross Profit Analysis

Total Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

Correlation Coefficient

Total Revenue

Gross Profit

Silgan Holdings fundamental ratios Correlations

Silgan Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Silgan Holdings fundamental ratios Accounts

Pair Trading with Silgan Holdings

Moving together with Silgan Stock

Moving against Silgan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Assets Total
Good Will	+ 0.99	Total Assets

Property Plant And Equipment Gross	- 0.93	Current Deferred Revenue
Retained Earnings	- 0.93	Current Deferred Revenue
Other Stockholder Equity	- 0.91	Retained Earnings
Current Deferred Revenue	- 0.91	Total Stockholder Equity
Good Will	- 0.9	Current Deferred Revenue
Non Current Assets Total	- 0.9	Current Deferred Revenue