Brilliant Gross Profit vs Depreciation And Amortization Analysis

BRLT Stock  USD 1.72  0.07  4.24%   
Brilliant Earth financial indicator trend analysis is way more than just evaluating Brilliant Earth Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brilliant Earth Group is a good investment. Please check the relationship between Brilliant Earth Gross Profit and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brilliant Earth Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Gross Profit vs Depreciation And Amortization

Gross Profit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brilliant Earth Group Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Brilliant Earth's Gross Profit and Depreciation And Amortization is 0.85. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Brilliant Earth Group, assuming nothing else is changed. The correlation between historical values of Brilliant Earth's Gross Profit and Depreciation And Amortization 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 Brilliant Earth Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Brilliant Earth's Gross Profit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

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

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Brilliant Earth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brilliant Earth Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Brilliant Earth Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Tax Provision is likely to gain to about (416.1 K) in 2024. Selling General Administrative is likely to drop to about 86.2 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization860K5.2M8.9M9.3M
Interest Income7.6M4.7M5.4M5.3M

Brilliant Earth fundamental ratios Correlations

0.931.00.950.980.960.980.850.99-0.87-0.340.980.870.840.920.680.98-0.860.980.440.73-0.70.980.890.980.6
0.930.920.820.880.840.880.880.91-0.67-0.490.870.890.830.910.90.87-0.890.880.460.93-0.440.940.850.90.83
1.00.920.940.970.950.970.860.99-0.86-0.390.970.880.820.920.670.97-0.860.970.430.73-0.680.980.870.970.6
0.950.820.940.970.990.970.720.98-0.97-0.130.990.750.710.820.530.99-0.690.980.450.56-0.870.890.790.970.4
0.980.880.970.970.961.00.860.99-0.92-0.290.980.880.790.930.620.98-0.841.00.580.65-0.80.950.861.00.55
0.960.840.950.990.960.960.710.98-0.96-0.160.990.730.70.810.560.99-0.680.960.40.61-0.830.890.770.960.42
0.980.880.970.971.00.960.860.99-0.92-0.290.980.880.790.930.620.98-0.841.00.580.65-0.80.950.861.00.55
0.850.880.860.720.860.710.860.82-0.59-0.670.771.00.770.990.730.77-0.980.850.70.76-0.440.90.80.850.82
0.990.910.990.980.990.980.990.82-0.91-0.281.00.840.790.90.661.0-0.80.990.470.7-0.760.950.850.990.55
-0.87-0.67-0.86-0.97-0.92-0.96-0.92-0.59-0.91-0.05-0.94-0.62-0.61-0.72-0.35-0.940.55-0.92-0.43-0.370.95-0.78-0.7-0.91-0.2
-0.34-0.49-0.39-0.13-0.29-0.16-0.29-0.67-0.28-0.05-0.18-0.64-0.21-0.56-0.46-0.180.61-0.27-0.34-0.6-0.19-0.42-0.21-0.28-0.71
0.980.870.970.990.980.990.980.771.0-0.94-0.180.790.770.860.621.0-0.750.980.450.65-0.810.930.840.990.48
0.870.890.880.750.880.730.881.00.84-0.62-0.640.790.790.990.730.79-0.980.870.70.76-0.470.910.820.870.8
0.840.830.820.710.790.70.790.770.79-0.61-0.210.770.790.810.710.77-0.870.790.330.68-0.420.90.990.790.62
0.920.910.920.820.930.810.930.990.9-0.72-0.560.860.990.810.710.86-0.960.930.680.74-0.580.940.850.930.75
0.680.90.670.530.620.560.620.730.66-0.35-0.460.620.730.710.710.62-0.760.620.410.97-0.10.730.690.650.93
0.980.870.970.990.980.990.980.771.0-0.94-0.181.00.790.770.860.62-0.750.980.450.65-0.810.930.840.990.48
-0.86-0.89-0.86-0.69-0.84-0.68-0.84-0.98-0.80.550.61-0.75-0.98-0.87-0.96-0.76-0.75-0.83-0.59-0.780.37-0.92-0.88-0.83-0.82
0.980.880.970.981.00.961.00.850.99-0.92-0.270.980.870.790.930.620.98-0.830.570.64-0.80.950.861.00.54
0.440.460.430.450.580.40.580.70.47-0.43-0.340.450.70.330.680.410.45-0.590.570.33-0.470.430.360.580.54
0.730.930.730.560.650.610.650.760.7-0.37-0.60.650.760.680.740.970.65-0.780.640.33-0.10.770.670.670.93
-0.7-0.44-0.68-0.87-0.8-0.83-0.8-0.44-0.760.95-0.19-0.81-0.47-0.42-0.58-0.1-0.810.37-0.8-0.47-0.1-0.59-0.52-0.790.02
0.980.940.980.890.950.890.950.90.95-0.78-0.420.930.910.90.940.730.93-0.920.950.430.77-0.590.930.950.67
0.890.850.870.790.860.770.860.80.85-0.7-0.210.840.820.990.850.690.84-0.880.860.360.67-0.520.930.850.59
0.980.90.970.971.00.961.00.850.99-0.91-0.280.990.870.790.930.650.99-0.831.00.580.67-0.790.950.850.57
0.60.830.60.40.550.420.550.820.55-0.2-0.710.480.80.620.750.930.48-0.820.540.540.930.020.670.590.57
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Brilliant Earth Account Relationship Matchups

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When running Brilliant Earth's price analysis, check to measure Brilliant Earth's 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 Brilliant Earth is operating at the current time. Most of Brilliant Earth's value examination focuses on studying past and present price action to predict the probability of Brilliant Earth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brilliant Earth's price. Additionally, you may evaluate how the addition of Brilliant Earth to your portfolios can decrease your overall portfolio volatility.