Coherent Ebitda vs Gross Profit Analysis

COHR Stock  USD 59.08  0.75  1.29%   
Coherent financial indicator trend analysis is way more than just evaluating Coherent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coherent is a good investment. Please check the relationship between Coherent Ebitda and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.

Ebitda vs Gross Profit

Ebitda vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coherent Ebitda account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Coherent's Ebitda and Gross Profit is 0.94. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Coherent, assuming nothing else is changed. The correlation between historical values of Coherent's Ebitda 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 Ebitda of Coherent 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 Ebitda i.e., Coherent's Ebitda and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebitda

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Coherent minus its cost of goods sold. It is profit before Coherent 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 Coherent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coherent 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.At this time, Coherent's Selling General Administrative is relatively stable compared to the past year. As of 05/17/2024, Enterprise Value Over EBITDA is likely to grow to 199.99, though Tax Provision is likely to grow to (82.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.6B1.9B2.0B
Total Revenue3.3B5.2B5.9B6.2B

Coherent fundamental ratios Correlations

0.990.940.910.920.570.990.990.980.960.991.01.00.970.90.540.960.980.990.970.570.44-0.910.950.980.53
0.990.930.940.920.530.990.980.980.930.990.991.00.930.880.530.960.970.970.970.530.43-0.90.940.980.52
0.940.930.750.740.790.880.970.970.930.910.960.940.940.990.780.820.980.960.970.790.69-0.731.00.860.55
0.910.940.750.960.20.960.860.860.810.940.890.920.790.660.230.970.830.850.850.20.14-0.940.770.960.44
0.920.920.740.960.240.960.860.840.830.930.890.910.860.680.250.990.820.870.820.240.18-0.990.750.970.4
0.570.530.790.20.240.440.660.660.650.50.620.560.690.870.930.350.690.660.651.00.87-0.240.770.420.39
0.990.990.880.960.960.440.960.950.930.990.980.990.940.830.420.990.940.960.940.450.33-0.950.91.00.5
0.990.980.970.860.860.660.960.990.960.980.990.990.970.950.610.920.990.990.980.660.51-0.850.970.950.5
0.980.980.970.860.840.660.950.990.960.980.990.990.950.940.60.911.00.991.00.660.49-0.820.980.940.58
0.960.930.930.810.830.650.930.960.960.940.970.950.950.920.570.890.970.980.960.660.48-0.810.940.920.69
0.990.990.910.940.930.50.990.980.980.940.991.00.940.860.460.970.960.980.970.50.36-0.920.930.990.51
1.00.990.960.890.890.620.980.990.990.970.990.990.970.930.590.940.990.990.990.620.49-0.870.970.970.56
1.01.00.940.920.910.560.990.990.990.951.00.990.950.90.530.960.980.990.980.560.42-0.90.950.980.53
0.970.930.940.790.860.690.940.970.950.950.940.970.950.940.620.90.950.980.940.690.54-0.850.940.930.5
0.90.880.990.660.680.870.830.950.940.920.860.930.90.940.810.760.960.940.940.870.72-0.660.980.810.54
0.540.530.780.230.250.930.420.610.60.570.460.590.530.620.810.330.640.590.610.930.98-0.240.740.40.33
0.960.960.820.970.990.350.990.920.910.890.970.940.960.90.760.330.890.930.890.350.25-0.980.831.00.45
0.980.970.980.830.820.690.940.991.00.970.960.990.980.950.960.640.890.991.00.690.52-0.80.990.920.61
0.990.970.960.850.870.660.960.990.990.980.980.990.990.980.940.590.930.990.980.660.49-0.860.970.950.58
0.970.970.970.850.820.650.940.981.00.960.970.990.980.940.940.610.891.00.980.660.49-0.810.980.930.6
0.570.530.790.20.241.00.450.660.660.660.50.620.560.690.870.930.350.690.660.660.87-0.240.770.420.39
0.440.430.690.140.180.870.330.510.490.480.360.490.420.540.720.980.250.520.490.490.87-0.180.640.310.26
-0.91-0.9-0.73-0.94-0.99-0.24-0.95-0.85-0.82-0.81-0.92-0.87-0.9-0.85-0.66-0.24-0.98-0.8-0.86-0.81-0.24-0.18-0.74-0.96-0.39
0.950.941.00.770.750.770.90.970.980.940.930.970.950.940.980.740.830.990.970.980.770.64-0.740.880.57
0.980.980.860.960.970.421.00.950.940.920.990.970.980.930.810.41.00.920.950.930.420.31-0.960.880.48
0.530.520.550.440.40.390.50.50.580.690.510.560.530.50.540.330.450.610.580.60.390.26-0.390.570.48
Click cells to compare fundamentals

Coherent Account Relationship Matchups

Coherent fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B6.5B7.8B13.7B15.8B16.6B
Short Long Term Debt Total2.4B1.5B2.4B4.5B5.2B5.4B
Total Current Liabilities672.9M729.6M1.3B1.1B1.2B1.3B
Net Debt1.9B(65.9M)(144.2M)3.7B4.2B4.4B
Retained Earnings876.6M1.1B1.3B944.4B1.1T1.1T
Cash493.0M1.6B2.6B833.3M958.3M1.0B
Non Current Assets Total3.4B3.5B3.5B10.5B12.0B12.6B
Non Currrent Assets Other136.9M193.7M223.6M312.0M358.8M376.7M
Net Receivables598.1M659.0M700.3M929.8M1.1B1.1B
Common Stock Shares Outstanding84.8M115.0M116.5M137.6M158.2M166.1M
Liabilities And Stockholders Equity5.2B6.5B7.8B13.7B15.8B16.6B
Non Current Liabilities Total2.5B2.4B2.2B5.4B6.2B6.5B
Inventory619.8M695.8M902.6M1.3B1.5B1.5B
Total Liab3.2B3.1B3.5B6.5B7.5B7.8B
Property Plant And Equipment Gross245.7M2.1B2.4B3.0B3.5B3.7B
Total Current Assets1.8B3.0B4.3B3.3B3.7B3.9B
Accumulated Other Comprehensive Income(87.4M)14.3M(2.2M)109.7B126.2B132.5B
Short Term Debt93.9M87.4M430.8M113.1M130.1M136.6M
Intangible Assets758.4M718.5M635.4M3.8B4.4B4.6B
Other Current Liab292.9M333.8M378.3M455.9M524.2M550.4M
Total Stockholder Equity2.1B3.4B3.6B5.0B5.7B6.0B
Property Plant And Equipment Net1.2B1.2B1.4B1.8B2.0B2.2B
Cash And Short Term Investments493.0M1.6B2.6B833.3M958.3M1.0B
Other Current Assets65.7M67.6M1.1B216.5M249.0M261.5M
Other Stockholder Equity(199.3M)(944.6M)(1.0B)(7.1T)(6.4T)(6.0T)
Accounts Payable268.8M294.5M434.9M405.3M466.1M489.4M
Good Will1.2B1.3B1.3B4.5B5.2B5.4B
Common Stock1.5B2.0B2.1B3.8T4.3T4.6T
Other Liab145.6M147.3M168.7M1.0B1.2B1.2B
Other Assets247.1M407.0M255.3M349.7M402.2M422.3M
Long Term Debt411.1M425.8M1.9B4.2B4.9B5.1B
Property Plant Equipment245.7M302.6M1.4B1.8B2.0B2.2B
Current Deferred Revenue17.3M13.9M23.0M104.5M120.1M126.2M
Net Tangible Assets804.1M868.2M1.2B(3.8B)(3.4B)(3.2B)
Capital Lease Obligations91.2M80.7M137.8M179.0M205.9M216.2M

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When determining whether Coherent is a strong investment it is important to analyze Coherent'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 Coherent's future performance. For an informed investment choice regarding Coherent Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.
Note that the Coherent information on this page should be used as a complementary analysis to other Coherent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Coherent's price analysis, check to measure Coherent'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 Coherent is operating at the current time. Most of Coherent's value examination focuses on studying past and present price action to predict the probability of Coherent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coherent's price. Additionally, you may evaluate how the addition of Coherent to your portfolios can decrease your overall portfolio volatility.
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Is Coherent's industry 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 Coherent. If investors know Coherent 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 Coherent 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
(0.61)
Earnings Share
(2.87)
Revenue Per Share
30.999
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0051
The market value of Coherent is measured differently than its book value, which is the value of Coherent that is recorded on the company's balance sheet. Investors also form their own opinion of Coherent's value that differs from its market value or its book value, called intrinsic value, which is Coherent'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 Coherent's market value can be influenced by many factors that don't directly affect Coherent'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 Coherent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coherent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coherent'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.