Skyline Total Operating Expenses vs Operating Income Analysis
| SKBL Stock | 0.57 0.01 2.57% |
Skyline Builders financial indicator trend analysis is much more than just breaking down Skyline Builders prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skyline Builders is a good investment. Please check the relationship between Skyline Builders Total Operating Expenses and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyline Builders 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 labor statistics.
Total Operating Expenses vs Operating Income
Total Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skyline Builders Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Skyline Builders' Total Operating Expenses and Operating Income is 1.0. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Skyline Builders Group, assuming nothing else is changed. The correlation between historical values of Skyline Builders' Total Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Skyline Builders Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Skyline Builders' Total Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Operating Income
Operating Income is the amount of profit realized from Skyline Builders 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 Skyline Builders Group 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.Most indicators from Skyline Builders' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skyline Builders 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 Skyline Builders 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 labor statistics. At this time, Skyline Builders' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 59.49 this year, although the value of Tax Provision will most likely fall to about 147.1 K.
| 2010 | 2023 | 2024 | 2025 (projected) | Interest Expense | 354.1K | 733.2K | 843.2K | 598.0K | Depreciation And Amortization | 1.1M | 1.1M | 1.3M | 1.2M |
Skyline Builders fundamental ratios Correlations
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Skyline Builders Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skyline Builders. If investors know Skyline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skyline Builders listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Skyline Builders is measured differently than its book value, which is the value of Skyline that is recorded on the company's balance sheet. Investors also form their own opinion of Skyline Builders' value that differs from its market value or its book value, called intrinsic value, which is Skyline Builders' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skyline Builders' market value can be influenced by many factors that don't directly affect Skyline Builders' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skyline Builders' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyline Builders is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyline Builders' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.