Zeo Energy financial indicator trend analysis is more than just analyzing Zeo Energy Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zeo Energy Corp is a good investment. Please check the relationship between Zeo Energy Gross Profit and its Selling General Administrative accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Gross Profit vs Selling General Administrative
Gross Profit vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zeo Energy Corp Gross Profit account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zeo Energy's Gross Profit and Selling General Administrative is 0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Zeo Energy Corp, assuming nothing else is changed. The correlation between historical values of Zeo Energy's Gross Profit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Zeo Energy Corp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Gross Profit i.e., Zeo Energy's Gross Profit and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Zeo Energy Corp minus its cost of goods sold. It is profit before Zeo Energy 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.
Selling General Administrative
Most indicators from Zeo Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zeo Energy Corp 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 Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Sales General And Administrative To Revenue is likely to climb to 0.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.7
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 17.8M | 22.0M | 25.3M | 18.4M | Total Revenue | 89.0M | 110.1M | 126.6M | 82.0M |
Zeo Energy fundamental ratios Correlations
Click cells to compare fundamentals
Zeo Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Zeo Stock Analysis
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measure Zeo Energy's 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 Zeo Energy is operating at the current time. Most of Zeo Energy's value examination focuses on studying past and present price action to
predict the probability of Zeo Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zeo Energy's price. Additionally, you may evaluate how the addition of Zeo Energy to your portfolios can decrease your overall portfolio volatility.