SharkNinja Ebit vs Cost Of Revenue Analysis
| SN Stock | USD 74.46 1.26 1.72% |
SharkNinja financial indicator trend analysis is much more than just breaking down SharkNinja prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SharkNinja is a good investment. Please check the relationship between SharkNinja Ebit and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.
Ebit vs Cost Of Revenue
Ebit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SharkNinja Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between SharkNinja's Ebit and Cost Of Revenue is 0.21. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of SharkNinja, assuming nothing else is changed. The correlation between historical values of SharkNinja's Ebit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of SharkNinja are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit i.e., SharkNinja's Ebit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Ebit
Cost Of Revenue
Cost of Revenue is found on SharkNinja income statement and represents the costs associated with goods and services SharkNinja provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from SharkNinja's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SharkNinja 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 SharkNinja. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.As of the 18th of May 2024, Selling General Administrative is likely to grow to about 406.7 M, while Tax Provision is likely to drop about 66 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 2.3B | 2.3B | 2.4B | 2.5B | Total Revenue | 3.7B | 3.7B | 4.3B | 4.5B |
SharkNinja fundamental ratios Correlations
Click cells to compare fundamentals
SharkNinja Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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When running SharkNinja's price analysis, check to measure SharkNinja'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 SharkNinja is operating at the current time. Most of SharkNinja's value examination focuses on studying past and present price action to predict the probability of SharkNinja's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SharkNinja's price. Additionally, you may evaluate how the addition of SharkNinja to your portfolios can decrease your overall portfolio volatility.
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Is SharkNinja'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 SharkNinja. If investors know SharkNinja 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 SharkNinja 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 0.058 | Earnings Share 1.2 | Revenue Per Share 30.597 | Quarterly Revenue Growth 0.165 | Return On Assets 0.0689 |
The market value of SharkNinja is measured differently than its book value, which is the value of SharkNinja that is recorded on the company's balance sheet. Investors also form their own opinion of SharkNinja's value that differs from its market value or its book value, called intrinsic value, which is SharkNinja'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 SharkNinja's market value can be influenced by many factors that don't directly affect SharkNinja'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 SharkNinja's value and its price as these two are different measures arrived at by different means. Investors typically determine if SharkNinja is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SharkNinja'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.