Pinstripes Interest Expense vs Gross Profit Analysis
PNST Stock | 0.47 0.03 7.14% |
Pinstripes Holdings financial indicator trend analysis is much more than just breaking down Pinstripes Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinstripes Holdings is a good investment. Please check the relationship between Pinstripes Holdings Interest Expense and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinstripes 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 Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinstripes Holdings Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pinstripes Holdings' Interest Expense and Gross Profit is 0.75. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Pinstripes Holdings, assuming nothing else is changed. The correlation between historical values of Pinstripes Holdings' Interest Expense 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 Interest Expense of Pinstripes Holdings 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 Interest Expense i.e., Pinstripes Holdings' Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Pinstripes Holdings minus its cost of goods sold. It is profit before Pinstripes 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.Most indicators from Pinstripes Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinstripes 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinstripes 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 Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.At this time, Pinstripes Holdings' Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Enterprise Value is likely to drop slightly above 420.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3M | 1.9M | 11.7M | 12.3M | Depreciation And Amortization | 8.8M | 8.1M | 8.4M | 6.8M |
Pinstripes Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Pinstripes Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Pinstripes Stock Analysis
When running Pinstripes Holdings' price analysis, check to measure Pinstripes 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 Pinstripes Holdings is operating at the current time. Most of Pinstripes Holdings' value examination focuses on studying past and present price action to predict the probability of Pinstripes Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinstripes Holdings' price. Additionally, you may evaluate how the addition of Pinstripes Holdings to your portfolios can decrease your overall portfolio volatility.