Upstart Gross Profit vs Other Operating Expenses Analysis
| UPST Stock | USD 78.79 0.36 0.46% |
Upstart Holdings financial indicator trend analysis is much more than just breaking down Upstart Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Upstart Holdings is a good investment. Please check the relationship between Upstart Holdings 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 Upstart 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 state. For more information on how to buy Upstart Stock please use our How to Invest in Upstart Holdings guide.
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 Upstart Holdings Gross Profit account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Upstart Holdings' Gross Profit and Other Operating Expenses is 0.93. 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 Upstart Holdings, assuming nothing else is changed. The correlation between historical values of Upstart Holdings' 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 Upstart Holdings 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., Upstart Holdings' Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Upstart Holdings minus its cost of goods sold. It is profit before Upstart 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Upstart Holdings. It is also known as Upstart Holdings 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 Upstart Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Upstart 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 Upstart 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 state. For more information on how to buy Upstart Stock please use our How to Invest in Upstart Holdings guide.Sales General And Administrative To Revenue is likely to gain to 0.43 in 2024, whereas Tax Provision is likely to drop (441 K) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 50.6M | 105.6M | 156.2M | 164.0M | Net Interest Income | 47.3M | 94.7M | 130.9M | 137.4M |
Upstart Holdings fundamental ratios Correlations
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Upstart Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Upstart Stock Analysis
When running Upstart Holdings' price analysis, check to measure Upstart Holdings' 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 Upstart Holdings is operating at the current time. Most of Upstart Holdings' value examination focuses on studying past and present price action to predict the probability of Upstart Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Upstart Holdings' price. Additionally, you may evaluate how the addition of Upstart Holdings to your portfolios can decrease your overall portfolio volatility.