TGS Gross Profit vs Total Revenue Analysis
| TGS Stock | CAD 0.06 0.00 0.00% |
TGS Esports financial indicator trend analysis is much more than just breaking down TGS Esports prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TGS Esports is a good investment. Please check the relationship between TGS Esports Gross Profit and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TGS Esports. 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 Total Revenue
Gross Profit vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TGS Esports Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TGS Esports' Gross Profit and Total Revenue is 0.96. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of TGS Esports, assuming nothing else is changed. The correlation between historical values of TGS Esports' Gross Profit and Total Revenue 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 TGS Esports are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., TGS Esports' Gross Profit and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of TGS Esports minus its cost of goods sold. It is profit before TGS Esports 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 Revenue
Total revenue comprises all receipts TGS Esports 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.Most indicators from TGS Esports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TGS Esports 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 TGS Esports. 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. Issuance Of Capital Stock is likely to climb to about 4.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.2 M in 2024.
| 2010 | 2020 | 2023 | 2024 (projected) | Total Operating Expenses | 2.2M | 4.2M | 4.9M | 3.5M | Cost Of Revenue | 324.3K | 112.6K | 101.4K | 174.8K |
TGS Esports fundamental ratios Correlations
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TGS Esports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for TGS Stock Analysis
When running TGS Esports' price analysis, check to measure TGS Esports' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TGS Esports is operating at the current time. Most of TGS Esports' value examination focuses on studying past and present price action to predict the probability of TGS Esports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS Esports' price. Additionally, you may evaluate how the addition of TGS Esports to your portfolios can decrease your overall portfolio volatility.