Twin Total Revenue vs Gross Profit Analysis
| VEEE Stock | USD 0.49 0.02 3.92% |
Twin Vee financial indicator trend analysis is much more than just breaking down Twin Vee Powercats prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Twin Vee Powercats is a good investment. Please check the relationship between Twin Vee Total Revenue and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Vee Powercats. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Total Revenue vs Gross Profit
Total Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Twin Vee Powercats Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Twin Vee's Total Revenue and Gross Profit is 0.96. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Twin Vee Powercats, assuming nothing else is changed. The correlation between historical values of Twin Vee's Total Revenue 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 Total Revenue of Twin Vee Powercats 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 Total Revenue i.e., Twin Vee's Total Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Twin Vee Powercats generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Twin Vee Powercats minus its cost of goods sold. It is profit before Twin Vee 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 Twin Vee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Twin Vee Powercats 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 Twin Vee Powercats. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. The current year's Issuance Of Capital Stock is expected to grow to about 13.6 M, whereas Selling General Administrative is forecasted to decline to about 10.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 136.7K | 164.2K | 221.2K | 190.5K | Depreciation And Amortization | 198.5K | 553.8K | 1.4M | 1.4M |
Twin Vee fundamental ratios Correlations
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Twin Vee Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Twin Vee Powercats is a strong investment it is important to analyze Twin Vee's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Twin Vee's future performance. For an informed investment choice regarding Twin Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Vee Powercats. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Apparel, Accessories & Luxury Goods 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 Twin Vee. If investors know Twin 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 Twin Vee listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.678 | Earnings Share (0.99) | Revenue Per Share 2.734 | Quarterly Revenue Growth (0.47) | Return On Assets (0.19) |
The market value of Twin Vee Powercats is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Vee's value that differs from its market value or its book value, called intrinsic value, which is Twin Vee's 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 Twin Vee's market value can be influenced by many factors that don't directly affect Twin Vee's 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 Twin Vee's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Vee is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Vee's 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.