| FATBW Stock | | | USD 3.10 0.01 0.32% |
FAT Brands financial indicator trend analysis is much more than just examining FAT Brands latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FAT Brands is a good investment. Please check the relationship between FAT Brands Net Income and its Gross Profit accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FAT Brands. 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 labor statistics.
For more information on how to buy FAT Stock please use our
How to Invest in FAT Brands guide.
Net Income vs Gross Profit
Net Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FAT Brands Net Income account and
Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between FAT Brands' Net Income and Gross Profit is -0.92. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of FAT Brands, assuming nothing else is changed. The correlation between historical values of FAT Brands' Net 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 Net Income of FAT Brands 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 Net Income i.e., FAT Brands' Net Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in FAT Brands financial statement analysis. It represents the amount of money remaining after all of FAT Brands operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of FAT Brands minus its cost of goods sold. It is profit before FAT Brands 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 FAT Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FAT Brands 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FAT Brands. 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 labor statistics.
For more information on how to buy FAT Stock please use our
How to Invest in FAT Brands guide.At this time, FAT Brands'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 17.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.25 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 56.7M | 141.0M | 197.6M | 207.4M | Total Revenue | 118.9M | 407.2M | 480.5M | 504.5M |
FAT Brands fundamental ratios Correlations
Click cells to compare fundamentals
FAT Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FAT Brands fundamental ratios Accounts
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Additional Tools for FAT Stock Analysis
When running FAT Brands' price analysis, check to
measure FAT Brands' 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 FAT Brands is operating at the current time. Most of FAT Brands' value examination focuses on studying past and present price action to
predict the probability of FAT Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FAT Brands' price. Additionally, you may evaluate how the addition of FAT Brands to your portfolios can decrease your overall portfolio volatility.