TDb Operating Income vs Gross Profit Analysis

XTD Stock  CAD 2.06  0.08  4.04%   
TDb Split financial indicator trend analysis is much more than just breaking down TDb Split Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TDb Split Corp is a good investment. Please check the relationship between TDb Split Operating Income and its Gross Profit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in TDb Split Corp. 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.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TDb Split Corp Operating Income account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between TDb Split's Operating Income and Gross Profit is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of TDb Split Corp, assuming nothing else is changed. The correlation between historical values of TDb Split's Operating Income 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 Operating Income of TDb Split Corp 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 Operating Income i.e., TDb Split's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from TDb Split Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of TDb Split Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of TDb Split Corp minus its cost of goods sold. It is profit before TDb Split 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 TDb Split's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TDb Split Corp 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in TDb Split Corp. 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.
At this time, TDb Split's Selling General Administrative is very stable compared to the past year. As of the 5th of December 2024, Issuance Of Capital Stock is likely to grow to about 13.8 M, while Sales General And Administrative To Revenue is likely to drop (0.05).

TDb Split fundamental ratios Correlations

-0.290.470.720.130.620.310.540.91-0.830.49-0.40.620.440.470.480.490.450.640.370.630.680.68-0.180.83-0.77
-0.29-0.790.120.610.05-0.97-0.73-0.03-0.01-0.770.36-0.72-0.86-0.26-0.66-0.77-0.37-0.010.14-0.48-0.23-0.240.52-0.610.58
0.47-0.790.0-0.680.020.880.970.19-0.141.0-0.20.970.880.520.821.00.320.26-0.110.470.240.26-0.790.77-0.74
0.720.120.00.370.78-0.090.030.9-0.910.01-0.460.170.050.060.160.010.490.650.790.530.590.590.00.29-0.31
0.130.61-0.680.370.22-0.65-0.550.39-0.44-0.64-0.06-0.51-0.550.14-0.61-0.64-0.090.010.35-0.090.40.380.51-0.130.06
0.620.050.020.780.22-0.060.10.71-0.720.05-0.510.160.13-0.130.120.040.730.530.340.090.180.20.080.2-0.22
0.31-0.970.88-0.09-0.65-0.060.830.06-0.020.87-0.330.830.910.340.740.870.390.07-0.110.490.260.27-0.720.65-0.63
0.54-0.730.970.03-0.550.10.830.25-0.210.99-0.30.970.850.610.780.990.380.33-0.150.40.260.28-0.770.82-0.81
0.91-0.030.190.90.390.710.060.25-0.980.21-0.380.380.210.330.290.210.440.610.630.580.760.77-0.070.61-0.61
-0.83-0.01-0.14-0.91-0.44-0.72-0.02-0.21-0.98-0.160.37-0.34-0.17-0.31-0.26-0.16-0.44-0.56-0.67-0.51-0.76-0.770.08-0.530.59
0.49-0.771.00.01-0.640.050.870.990.21-0.16-0.230.980.870.550.811.00.340.29-0.130.450.250.27-0.790.79-0.77
-0.40.36-0.2-0.46-0.06-0.51-0.33-0.3-0.380.37-0.23-0.25-0.290.02-0.14-0.22-0.73-0.6-0.36-0.36-0.28-0.240.14-0.290.31
0.62-0.720.970.17-0.510.160.830.970.38-0.340.98-0.250.860.620.810.980.390.33-0.020.510.390.41-0.780.86-0.85
0.44-0.860.880.05-0.550.130.910.850.21-0.170.87-0.290.860.440.710.870.370.19-0.080.440.280.3-0.710.7-0.68
0.47-0.260.520.060.14-0.130.340.610.33-0.310.550.020.620.440.250.55-0.130.11-0.060.370.50.5-0.430.71-0.73
0.48-0.660.820.16-0.610.120.740.780.29-0.260.81-0.140.810.710.250.810.320.270.080.480.310.34-0.670.67-0.65
0.49-0.771.00.01-0.640.040.870.990.21-0.161.0-0.220.980.870.550.810.340.29-0.130.450.240.27-0.790.79-0.77
0.45-0.370.320.49-0.090.730.390.380.44-0.440.34-0.730.390.37-0.130.320.340.370.190.170.190.22-0.320.32-0.32
0.64-0.010.260.650.010.530.070.330.61-0.560.29-0.60.330.190.110.270.290.370.570.450.310.27-0.150.4-0.34
0.370.14-0.110.790.350.34-0.11-0.150.63-0.67-0.13-0.36-0.02-0.08-0.060.08-0.130.190.570.610.640.62-0.040.09-0.14
0.63-0.480.470.53-0.090.090.490.40.58-0.510.45-0.360.510.440.370.480.450.170.450.610.760.73-0.270.63-0.57
0.68-0.230.240.590.40.180.260.260.76-0.760.25-0.280.390.280.50.310.240.190.310.640.760.99-0.230.67-0.7
0.68-0.240.260.590.380.20.270.280.77-0.770.27-0.240.410.30.50.340.270.220.270.620.730.99-0.270.68-0.72
-0.180.52-0.790.00.510.08-0.72-0.77-0.070.08-0.790.14-0.78-0.71-0.43-0.67-0.79-0.32-0.15-0.04-0.27-0.23-0.27-0.50.52
0.83-0.610.770.29-0.130.20.650.820.61-0.530.79-0.290.860.70.710.670.790.320.40.090.630.670.68-0.5-0.96
-0.770.58-0.74-0.310.06-0.22-0.63-0.81-0.610.59-0.770.31-0.85-0.68-0.73-0.65-0.77-0.32-0.34-0.14-0.57-0.7-0.720.52-0.96
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TDb Split Account Relationship Matchups

TDb Split fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.5M87.1M89.7M88.7M102.0M53.3M
Other Current Liab(286.4K)(675.2K)(610.0K)(1.6M)(1.4M)(1.3M)
Total Current Liabilities286.4K675.2K610.0K74.2M85.3M89.5M
Total Stockholder Equity10.4M26.9M24.1M14.8M17.1M14.7M
Net Debt36.2M57.4M55.9M(31.3M)(36.0M)(34.2M)
Accounts Payable286.4K675.2K610.0K1.6M1.8M1.9M
Cash13.4M2.0M8.9M31.3M36.0M37.8M
Non Current Assets Total47.2M85.1M80.9M57.4M66.0M47.2M
Non Currrent Assets Other(47.2M)(85.1M)(80.9M)(57.4M)(51.7M)(54.2M)
Cash And Short Term Investments13.4M2.0M8.9M88.7M102.0M107.1M
Net Receivables863.0941.01.1K995.0895.5850.72
Common Stock Shares Outstanding3.4M4.9M5.6M14.4M16.5M17.4M
Liabilities And Stockholders Equity60.5M87.1M89.7M88.7M102.0M53.3M
Non Current Liabilities Total555.5K739.2K610.0K1.7M1.9M2.0M
Total Liab286.4K675.2K65.6M73.8M84.9M89.2M
Total Current Assets13.4M2.0M8.9M88.7M102.0M107.1M
Common Stock10.4M26.9M24.1M14.8M17.1M19.7M
Net Tangible Assets19.8M10.4M26.9M24.1M27.7M21.1M
Short Term Investments47.2M85.1M80.9M57.4M66.0M62.9M
Long Term Investments47.2M85.1M80.9M57.4M66.0M65.3M
Short Long Term Debt Total49.5M59.4M64.8M72.2M83.0M61.5M
Current Deferred Revenue(49.3M)(58.7M)(64.1M)(70.6M)(63.5M)(66.7M)
Short Term Debt49.5M59.4M64.8M72.2M83.0M61.5M

Other Information on Investing in TDb Stock

Balance Sheet is a snapshot of the financial position of TDb Split Corp at a specified time, usually calculated after every quarter, six months, or one year. TDb Split Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TDb Split and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which TDb currently owns. An asset can also be divided into two categories, current and non-current.