Sanofi Other Operating Expenses vs Gross Profit Analysis

SNY Stock  USD 48.49  0.23  0.47%   
Sanofi ADR financial indicator trend analysis is much more than just breaking down Sanofi ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanofi ADR is a good investment. Please check the relationship between Sanofi ADR Other Operating Expenses and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanofi ADR. 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.
For more information on how to buy Sanofi Stock please use our How to Invest in Sanofi ADR 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 Sanofi ADR Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Sanofi ADR's Other Operating Expenses and Gross Profit is 0.99. 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 Sanofi ADR, assuming nothing else is changed. The correlation between historical values of Sanofi ADR'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 Sanofi ADR 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., Sanofi ADR's Other Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sanofi ADR. It is also known as Sanofi ADR 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 Sanofi ADR minus its cost of goods sold. It is profit before Sanofi ADR 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 Sanofi ADR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanofi ADR 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 Sanofi ADR. 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.
For more information on how to buy Sanofi Stock please use our How to Invest in Sanofi ADR guide.At this time, Sanofi ADR's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 203.7 M in 2024, despite the fact that Discontinued Operations is likely to grow to (110.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit26.9B31.7B31.8B22.0B
Total Revenue39.2B45.4B46.0B31.3B

Sanofi ADR fundamental ratios Correlations

0.880.550.930.990.970.660.840.780.990.130.690.851.00.870.25-0.610.910.970.38-0.160.980.420.90.60.79
0.880.470.850.810.80.860.750.750.85-0.060.710.70.880.60.09-0.370.890.880.31-0.40.940.20.830.60.69
0.550.470.710.560.430.240.70.570.50.670.620.160.540.4-0.110.00.310.620.530.150.510.760.610.240.4
0.930.850.710.920.850.60.940.810.890.230.770.670.920.7-0.02-0.350.740.960.52-0.140.90.460.920.570.64
0.990.810.560.920.970.560.840.780.980.160.70.840.990.880.27-0.60.860.970.38-0.070.950.450.90.580.78
0.970.80.430.850.970.610.750.710.970.080.610.880.970.910.3-0.660.90.920.32-0.070.940.380.850.630.8
0.660.860.240.60.560.610.560.310.7-0.030.260.60.660.47-0.05-0.320.80.630.06-0.420.770.170.470.520.7
0.840.750.70.940.840.750.560.670.820.30.650.570.840.59-0.15-0.260.620.910.38-0.20.80.490.770.40.59
0.780.750.570.810.780.710.310.670.69-0.070.980.540.780.520.24-0.280.630.810.49-0.210.750.150.930.440.39
0.990.850.50.890.980.970.70.820.690.150.60.870.990.880.24-0.630.920.950.28-0.140.970.440.830.60.85
0.13-0.060.670.230.160.08-0.030.3-0.070.15-0.06-0.060.110.32-0.33-0.12-0.030.170.10.280.080.950.05-0.050.15
0.690.710.620.770.70.610.260.650.980.6-0.060.410.70.40.17-0.110.520.760.5-0.160.670.130.880.40.32
0.850.70.160.670.840.880.60.570.540.87-0.060.410.850.840.38-0.820.880.730.16-0.250.850.230.70.630.74
1.00.880.540.920.990.970.660.840.780.990.110.70.850.860.25-0.60.910.970.36-0.180.980.410.90.580.79
0.870.60.40.70.880.910.470.590.520.880.320.40.840.860.33-0.850.830.780.270.010.830.590.710.480.72
0.250.09-0.11-0.020.270.3-0.05-0.150.240.24-0.330.170.380.250.33-0.460.340.080.140.090.21-0.160.230.110.33
-0.61-0.370.0-0.35-0.6-0.66-0.32-0.26-0.28-0.63-0.12-0.11-0.82-0.6-0.85-0.46-0.69-0.45-0.070.23-0.59-0.34-0.46-0.29-0.46
0.910.890.310.740.860.90.80.620.630.92-0.030.520.880.910.830.34-0.690.830.22-0.320.960.270.770.550.8
0.970.880.620.960.970.920.630.910.810.950.170.760.730.970.780.08-0.450.830.38-0.140.950.430.90.540.72
0.380.310.530.520.380.320.060.380.490.280.10.50.160.360.270.14-0.070.220.380.050.370.190.640.10.05
-0.16-0.40.15-0.14-0.07-0.07-0.42-0.2-0.21-0.140.28-0.16-0.25-0.180.010.090.23-0.32-0.140.05-0.270.23-0.20.110.07
0.980.940.510.90.950.940.770.80.750.970.080.670.850.980.830.21-0.590.960.950.37-0.270.370.890.60.79
0.420.20.760.460.450.380.170.490.150.440.950.130.230.410.59-0.16-0.340.270.430.190.230.370.310.170.4
0.90.830.610.920.90.850.470.770.930.830.050.880.70.90.710.23-0.460.770.90.64-0.20.890.310.510.52
0.60.60.240.570.580.630.520.40.440.6-0.050.40.630.580.480.11-0.290.550.540.10.110.60.170.510.63
0.790.690.40.640.780.80.70.590.390.850.150.320.740.790.720.33-0.460.80.720.050.070.790.40.520.63
Click cells to compare fundamentals

Sanofi ADR Account Relationship Matchups

Sanofi ADR fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets112.6B114.4B120.2B126.7B126.5B88.7B
Short Long Term Debt Total26.0B23.7B22.4B21.2B18.4B13.7B
Other Current Liab6.5B11.3B10.9B11.7B13.4B14.0B
Total Current Liabilities20.4B19.3B21.3B24.0B24.2B14.4B
Total Stockholder Equity59.1B63.1B68.7B74.8B74.0B50.5B
Property Plant And Equipment Net11.0B10.6B12.0B11.7B11.8B8.5B
Net Debt16.5B9.8B12.3B8.5B9.7B7.6B
Accounts Payable5.3B4.0B6.2B6.8B7.3B3.7B
Cash9.4B13.9B10.1B12.7B8.7B6.2B
Non Current Assets Total83.7B80.6B89.6B92.6B95.8B66.5B
Non Currrent Assets Other992M1.1B1.1B1.2B13.6B14.3B
Cash And Short Term Investments9.9B14.8B11.2B13.4B9.0B7.1B
Net Receivables10.1B7.5B7.6B10.7B8.4B7.4B
Good Will44.5B44.4B48.1B49.9B49.4B33.9B
Common Stock Shares Outstanding1.3B2.5B2.5B2.5B1.3B2.5B
Short Term Investments426M900M1.1B664M270M256.5M
Liabilities And Stockholders Equity112.6B114.4B120.2B126.7B126.5B88.7B
Non Current Liabilities Total33.0B31.9B29.9B27.6B27.9B23.6B
Inventory8.0B8.4B8.7B9.0B9.7B5.6B
Other Current Assets1.0B4.0B4.3B4.0B3.9B2.2B
Other Stockholder Equity(47.8B)(343M)(407M)(581M)4.1B4.3B
Total Liab53.4B51.2B51.2B51.6B52.1B38.0B
Property Plant And Equipment Gross11.0B10.6B12.0B11.7B27.4B28.8B
Total Current Assets28.9B33.8B30.7B34.1B30.7B22.2B
Accumulated Other Comprehensive Income52.5B56.8B62.2B68.2B67.4B35.5B
Short Term Debt4.8B3.0B3.5B4.5B2.3B2.9B
Intangible Assets16.5B18.3B21.4B21.6B18.3B17.9B
Other Liab12.1B11.4B11.0B10.8B12.5B11.9B
Current Deferred Revenue3.8B252M319M264M597M567.2M
Retained Earnings51.8B60.1B63.0B66.7B67.5B64.1B
Other Assets8.8B11.4B13.5B12.9B14.8B9.8B
Long Term Debt20.1B19.7B17.1B14.9B14.3B12.7B
Property Plant Equipment11.0B10.6B12.0B11.7B13.4B10.5B
Deferred Long Term Liab2.3B6.1B7.7B6.2B7.2B4.0B
Long Term Investments5.3B7.1B8.0B9.2B2.7B2.5B
Short Long Term Debt4.6B2.8B3.2B4.2B2.0B3.2B
Net Tangible Assets177M6.3B6.9B9.5B8.5B4.6B

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