Tenaris Operating Income vs Gross Profit Analysis

TS Stock

USD 33.68 0.26 0.78%

Tenaris SA financial indicator trend analysis is much more than just breaking down Tenaris SA ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tenaris SA ADR is a good investment. Please check the relationship between Tenaris SA Operating Income and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenaris SA ADR. 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.

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 Tenaris SA ADR Operating Income account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tenaris SA's Operating Income and Gross Profit is 0.97. 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 Tenaris SA ADR, assuming nothing else is changed. The correlation between historical values of Tenaris SA'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 Tenaris SA ADR 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., Tenaris SA's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Operating Income

Operating Income is the amount of profit realized from Tenaris SA ADR 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 Tenaris SA ADR 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 Tenaris SA ADR minus its cost of goods sold. It is profit before Tenaris SA 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 Tenaris SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tenaris SA ADR 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 Tenaris SA ADR. 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.

At this time, Tenaris SA's Discontinued Operations is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.10 in 2025, whereas Tax Provision is likely to drop slightly above 341.1 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	4.7B	6.5B	4.4B	3.2B
Total Revenue	11.8B	14.9B	12.5B	8.5B

Gross Profit Total Revenue

Tenaris SA fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total	Net Debt	Retained Earnings	Cash And Short Term Investments
Total Assets		0.42	0.78	0.98	0.32	0.73	0.56	0.31	-0.4	0.52	0.87	0.68	0.73	0.22	0.65	0.67	0.93	0.41	-0.24	0.14	-0.37	0.94	-0.13	-0.44	0.96	0.78
Other Current Liab	0.42		0.58	0.33	-0.22	0.53	0.6	0.03	0.09	0.46	0.58	-0.11	0.57	0.49	0.06	0.05	0.32	0.06	-0.08	0.26	-0.12	0.45	0.34	-0.23	0.29	0.05
Total Current Liabilities	0.78	0.58		0.67	-0.11	0.87	0.54	-0.01	-0.22	0.53	0.88	0.51	0.92	0.4	0.13	0.17	0.55	0.42	-0.3	0.32	-0.33	0.9	0.16	-0.29	0.63	0.6
Total Stockholder Equity	0.98	0.33	0.67		0.43	0.66	0.52	0.37	-0.46	0.46	0.81	0.7	0.61	0.1	0.77	0.79	0.96	0.35	-0.2	0.01	-0.33	0.87	-0.22	-0.44	0.99	0.75
Other Liab	0.32	-0.22	-0.11	0.43		-0.16	-0.02	0.28	-0.43	-0.08	0.0	0.47	-0.18	-0.33	0.73	0.73	0.48	0.08	0.03	-0.36	-0.14	0.12	-0.25	-0.08	0.47	0.4
Accounts Payable	0.73	0.53	0.87	0.66	-0.16		0.51	0.0	-0.29	0.39	0.94	0.51	0.74	0.27	0.15	0.2	0.52	0.33	-0.43	0.08	-0.21	0.84	-0.14	-0.44	0.62	0.38
Cash	0.56	0.6	0.54	0.52	-0.02	0.51		-0.05	-0.21	0.21	0.59	0.28	0.48	0.04	0.24	0.31	0.42	0.34	-0.28	0.13	-0.09	0.63	-0.05	-0.79	0.5	0.48
Other Assets	0.31	0.03	-0.01	0.37	0.28	0.0	-0.05		-0.34	0.57	0.04	0.08	-0.03	0.11	0.59	0.57	0.56	-0.23	0.37	-0.11	-0.02	0.02	0.12	0.17	0.32	0.02
Long Term Debt	-0.4	0.09	-0.22	-0.46	-0.43	-0.29	-0.21	-0.34		-0.03	-0.34	-0.7	0.08	0.14	-0.51	-0.53	-0.41	-0.39	0.32	0.64	0.4	-0.36	0.54	0.48	-0.49	-0.34
Good Will	0.52	0.46	0.53	0.46	-0.08	0.39	0.21	0.57	-0.03		0.38	0.07	0.63	0.71	0.2	0.19	0.56	-0.19	0.45	0.48	0.0	0.42	0.46	0.18	0.34	0.23
Inventory	0.87	0.58	0.88	0.81	0.0	0.94	0.59	0.04	-0.34	0.38		0.6	0.76	0.22	0.36	0.38	0.68	0.41	-0.44	0.06	-0.33	0.93	-0.17	-0.51	0.8	0.53
Other Current Assets	0.68	-0.11	0.51	0.7	0.47	0.51	0.28	0.08	-0.7	0.07	0.6		0.34	-0.15	0.49	0.51	0.56	0.44	-0.39	-0.28	-0.35	0.7	-0.45	-0.44	0.74	0.69
Total Liab	0.73	0.57	0.92	0.61	-0.18	0.74	0.48	-0.03	0.08	0.63	0.76	0.34		0.54	0.04	0.06	0.52	0.24	-0.09	0.59	-0.14	0.83	0.29	-0.15	0.55	0.6
Intangible Assets	0.22	0.49	0.4	0.1	-0.33	0.27	0.04	0.11	0.14	0.71	0.22	-0.15	0.54		-0.25	-0.28	0.16	-0.01	0.18	0.59	-0.14	0.24	0.32	0.19	0.03	0.09
Property Plant Equipment	0.65	0.06	0.13	0.77	0.73	0.15	0.24	0.59	-0.51	0.2	0.36	0.49	0.04	-0.25		0.99	0.83	0.07	0.06	-0.39	-0.2	0.38	-0.22	-0.22	0.78	0.43
Property Plant And Equipment Net	0.67	0.05	0.17	0.79	0.73	0.2	0.31	0.57	-0.53	0.19	0.38	0.51	0.06	-0.28	0.99		0.84	0.13	0.0	-0.37	-0.2	0.42	-0.26	-0.31	0.8	0.48
Non Current Assets Total	0.93	0.32	0.55	0.96	0.48	0.52	0.42	0.56	-0.41	0.56	0.68	0.56	0.52	0.16	0.83	0.84		0.27	-0.07	0.05	-0.35	0.74	-0.09	-0.29	0.94	0.66
Non Currrent Assets Other	0.41	0.06	0.42	0.35	0.08	0.33	0.34	-0.23	-0.39	-0.19	0.41	0.44	0.24	-0.01	0.07	0.13	0.27		-0.84	0.09	-0.83	0.53	-0.37	-0.56	0.44	0.6
Common Stock Shares Outstanding	-0.24	-0.08	-0.3	-0.2	0.03	-0.43	-0.28	0.37	0.32	0.45	-0.44	-0.39	-0.09	0.18	0.06	0.0	-0.07	-0.84		0.14	0.64	-0.4	0.51	0.6	-0.29	-0.29
Non Current Liabilities Total	0.14	0.26	0.32	0.01	-0.36	0.08	0.13	-0.11	0.64	0.48	0.06	-0.28	0.59	0.59	-0.39	-0.37	0.05	0.09	0.14		-0.04	0.21	0.53	0.21	-0.05	0.27
Other Stockholder Equity	-0.37	-0.12	-0.33	-0.33	-0.14	-0.21	-0.09	-0.02	0.4	0.0	-0.33	-0.35	-0.14	-0.14	-0.2	-0.2	-0.35	-0.83	0.64	-0.04		-0.38	0.11	0.2	-0.41	-0.4
Total Current Assets	0.94	0.45	0.9	0.87	0.12	0.84	0.63	0.02	-0.36	0.42	0.93	0.7	0.83	0.24	0.38	0.42	0.74	0.53	-0.4	0.21	-0.38		-0.15	-0.53	0.86	0.79
Short Long Term Debt Total	-0.13	0.34	0.16	-0.22	-0.25	-0.14	-0.05	0.12	0.54	0.46	-0.17	-0.45	0.29	0.32	-0.22	-0.26	-0.09	-0.37	0.51	0.53	0.11	-0.15		0.63	-0.28	-0.2
Net Debt	-0.44	-0.23	-0.29	-0.44	-0.08	-0.44	-0.79	0.17	0.48	0.18	-0.51	-0.44	-0.15	0.19	-0.22	-0.31	-0.29	-0.56	0.6	0.21	0.2	-0.53	0.63		-0.47	-0.45
Retained Earnings	0.96	0.29	0.63	0.99	0.47	0.62	0.5	0.32	-0.49	0.34	0.8	0.74	0.55	0.03	0.78	0.8	0.94	0.44	-0.29	-0.05	-0.41	0.86	-0.28	-0.47		0.77
Cash And Short Term Investments	0.78	0.05	0.6	0.75	0.4	0.38	0.48	0.02	-0.34	0.23	0.53	0.69	0.6	0.09	0.43	0.48	0.66	0.6	-0.29	0.27	-0.4	0.79	-0.2	-0.45	0.77

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Tenaris SA Account Relationship Matchups

Tenaris SA fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	13.7B	14.4B	17.6B	21.1B	20.5B	14.2B
Other Current Liab	570.2M	536.3M	1.2B	733.2M	919.6M	772.5M
Total Current Liabilities	1.2B	1.6B	2.8B	2.9B	2.6B	2.3B
Total Stockholder Equity	11.3B	12.0B	13.9B	16.8B	16.6B	10.0B
Other Liab	643.0M	573.7M	590.0M	597.3M	686.9M	480.3M
Accounts Payable	462.1M	845.3M	1.2B	1.1B	880.3M	787.4M
Cash	584.7M	318.1M	1.1B	1.6B	675.3M	797.9M
Other Assets	382.8M	359.9M	458.5M	208.9M	240.2M	327.3M
Long Term Debt	315.7M	111.4M	46.4M	48.3M	11.4M	10.8M
Good Will	1.1B	1.1B	1.1B	1.1B	1.1B	1.3B
Inventory	1.6B	2.7B	4.0B	3.9B	3.7B	2.4B
Other Current Assets	26.5M	293.5M	457.8M	495.0M	521.0M	260.7M
Total Liab	2.3B	2.3B	3.5B	4.1B	3.6B	2.8B
Intangible Assets	343.1M	287.5M	247.5M	273.4M	1.4B	851.6M
Property Plant Equipment	6.3B	6.4B	5.9B	5.7B	6.5B	4.5B
Property Plant And Equipment Net	6.4B	5.9B	5.7B	6.2B	6.3B	4.8B
Non Current Assets Total	9.4B	9.5B	9.1B	10.6B	11.2B	8.4B
Non Currrent Assets Other	154.3M	213.0M	211.7M	975.6M	1.0B	1.1B
Liabilities And Stockholders Equity	13.7B	14.4B	17.6B	21.1B	20.5B	14.6B
Non Current Liabilities Total	1.1B	784.1M	727.4M	1.1B	999.6M	1.1B
Total Current Assets	4.3B	5.0B	8.5B	10.5B	9.2B	6.2B
Short Long Term Debt Total	876.4M	448.2M	840.9M	204.0M	582.3M	1.0B
Net Debt	291.7M	130.1M	(250.6M)	(1.4B)	(92.9M)	(88.3M)
Retained Earnings	10.7B	11.4B	13.5B	16.7B	17.7B	9.5B
Cash And Short Term Investments	1.5B	716.0M	1.5B	3.6B	3.0B	1.7B
Net Receivables	968.1M	1.3B	2.5B	2.5B	2.0B	1.8B
Property Plant And Equipment Gross	6.4B	14.7B	14.6B	15.6B	16.0B	16.8B
Accumulated Other Comprehensive Income	(1.2B)	(1.3B)	(1.3B)	(1.5B)	(994.5M)	(944.8M)
Short Term Debt	43.6M	34.7M	28.7M	59.1M	470.5M	434.7M
Short Term Investments	872.5M	397.8M	438.4M	2.0B	2.4B	2.5B
Current Deferred Revenue	48.7M	92.4M	242.9M	513.9M	591.0M	620.5M
Net Tangible Assets	10.4B	9.8B	10.6B	12.6B	14.5B	11.2B
Long Term Investments	1.2B	1.7B	1.7B	2.0B	2.5B	1.4B
Short Long Term Debt	98K	60K	94K	21.2M	426.0M	447.3M
Long Term Debt Total	233.2M	529.6M	194.1M	130.0M	149.6M	193.3M

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