Stonex Reconciled Depreciation vs Gross Profit Analysis

SNEX Stock  USD 75.44  0.50  0.67%   
Stonex financial indicator trend analysis is much more than just breaking down Stonex Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stonex Group is a good investment. Please check the relationship between Stonex Reconciled Depreciation and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stonex Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Reconciled Depreciation vs Gross Profit

Reconciled Depreciation vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stonex Group Reconciled Depreciation account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stonex's Reconciled Depreciation and Gross Profit is 0.84. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Stonex Group, assuming nothing else is changed. The correlation between historical values of Stonex's Reconciled Depreciation 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 Reconciled Depreciation of Stonex Group 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 Reconciled Depreciation i.e., Stonex's Reconciled Depreciation and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Reconciled Depreciation

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Stonex Group minus its cost of goods sold. It is profit before Stonex 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 Stonex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stonex Group 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 Stonex Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Stonex's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 102 M in 2024, whereas Discontinued Operations is likely to drop (283.5 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense135.5M802.2M922.5M968.7M
Depreciation And Amortization66M51M58.7M61.6M

Stonex fundamental ratios Correlations

0.70.350.70.820.790.680.620.640.780.670.350.810.360.540.650.490.680.680.830.710.10.090.720.030.87
0.7-0.241.00.880.940.80.941.00.971.00.360.94-0.170.061.00.880.951.00.751.0-0.53-0.240.85-0.620.81
0.35-0.24-0.230.05-0.1-0.05-0.26-0.31-0.14-0.280.32-0.070.440.37-0.3-0.24-0.12-0.260.18-0.230.720.3-0.070.650.12
0.71.0-0.230.880.950.80.930.990.971.00.340.94-0.160.070.990.880.951.00.741.0-0.52-0.240.85-0.610.81
0.820.880.050.880.910.790.90.850.940.860.450.96-0.030.090.840.680.930.870.920.89-0.15-0.240.84-0.40.96
0.790.94-0.10.950.910.820.880.930.930.930.370.920.010.160.920.730.930.940.740.95-0.34-0.370.86-0.510.82
0.680.8-0.050.80.790.820.730.780.760.790.320.76-0.030.120.780.570.840.790.620.8-0.21-0.091.0-0.290.78
0.620.94-0.260.930.90.880.730.950.930.940.520.92-0.29-0.10.940.860.890.930.790.94-0.55-0.270.79-0.710.84
0.641.0-0.310.990.850.930.780.950.951.00.360.92-0.230.01.00.90.931.00.710.99-0.6-0.250.83-0.680.77
0.780.97-0.140.970.940.930.760.930.950.960.341.0-0.050.130.950.810.940.960.860.97-0.36-0.220.82-0.510.89
0.671.0-0.281.00.860.930.790.941.00.960.370.93-0.210.031.00.90.941.00.721.0-0.57-0.230.84-0.650.79
0.350.360.320.340.450.370.320.520.360.340.370.37-0.28-0.160.360.430.30.350.450.35-0.250.10.33-0.320.48
0.810.94-0.070.940.960.920.760.920.921.00.930.37-0.010.150.920.770.930.930.90.95-0.29-0.210.82-0.470.92
0.36-0.170.44-0.16-0.030.01-0.03-0.29-0.23-0.05-0.21-0.28-0.010.83-0.22-0.39-0.16-0.18-0.02-0.160.590.02-0.030.60.01
0.540.060.370.070.090.160.12-0.10.00.130.03-0.160.150.830.03-0.050.010.060.160.070.370.290.130.540.19
0.651.0-0.30.990.840.920.780.941.00.951.00.360.92-0.220.030.90.931.00.710.99-0.6-0.230.83-0.660.77
0.490.88-0.240.880.680.730.570.860.90.810.90.430.77-0.39-0.050.90.780.890.620.88-0.7-0.030.62-0.660.62
0.680.95-0.120.950.930.930.840.890.930.940.940.30.93-0.160.010.930.780.940.780.95-0.32-0.330.88-0.530.84
0.681.0-0.261.00.870.940.790.931.00.961.00.350.93-0.180.061.00.890.940.731.0-0.55-0.240.84-0.630.79
0.830.750.180.740.920.740.620.790.710.860.720.450.9-0.020.160.710.620.780.730.75-0.020.030.67-0.210.96
0.711.0-0.231.00.890.950.80.940.990.971.00.350.95-0.160.070.990.880.951.00.75-0.51-0.240.85-0.610.82
0.1-0.530.72-0.52-0.15-0.34-0.21-0.55-0.6-0.36-0.57-0.25-0.290.590.37-0.6-0.7-0.32-0.55-0.02-0.510.14-0.240.84-0.08
0.09-0.240.3-0.24-0.24-0.37-0.09-0.27-0.25-0.22-0.230.1-0.210.020.29-0.23-0.03-0.33-0.240.03-0.240.14-0.110.560.0
0.720.85-0.070.850.840.861.00.790.830.820.840.330.82-0.030.130.830.620.880.840.670.85-0.24-0.11-0.330.82
0.03-0.620.65-0.61-0.4-0.51-0.29-0.71-0.68-0.51-0.65-0.32-0.470.60.54-0.66-0.66-0.53-0.63-0.21-0.610.840.56-0.33-0.24
0.870.810.120.810.960.820.780.840.770.890.790.480.920.010.190.770.620.840.790.960.82-0.080.00.82-0.24
Click cells to compare fundamentals

Stonex Account Relationship Matchups

Stonex fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding28.8M29.5M30.1M30.9M35.6M37.3M
Total Assets3.0B3.3B3.4B21.9B25.2B26.5B
Other Current Liab1.8B1.7B1.9B442.4M508.8M662.2M
Total Current Liabilities1.9B1.7B2.0B11.3B13.0B13.7B
Total Stockholder Equity603M882M780M1.4B1.6B1.7B
Property Plant And Equipment Net130M66M55M245.6M282.4M296.6M
Net Debt(182.3M)(465.4M)5.0B5.4B6.2B6.5B
Retained Earnings(144M)74M(119M)1.1B1.0B1.1B
Accounts Payable50M86M98M10.6B12.1B12.7B
Cash301M612M354M1.1B1.3B1.3B
Non Current Assets Total580M589M831M8.6B9.9B10.4B
Non Currrent Assets Other(36.9M)(35.1M)(52M)207.9M187.1M196.5M
Cash And Short Term Investments358M747M430M1.1B1.3B1.3B
Net Receivables2.1B2.7B1.8B1.8B2.1B1.2B
Liabilities And Stockholders Equity13.5B18.8B19.9B21.9B25.2B26.5B
Non Current Liabilities Total348M495M496M9.2B10.6B11.1B
Other Current Assets(605M)(1.5B)(398.6M)9.9B8.9B9.3B
Other Stockholder Equity40.1M25.1M90.6M302.6M348.0M365.4M
Total Liab2.4B2.4B2.7B20.6B23.6B24.8B
Property Plant And Equipment Gross163.6M280.6M234.7M245.6M282.4M296.6M
Total Current Assets2.2B2.4B2.3B13.3B15.3B16.1B
Accumulated Other Comprehensive Income(40.1M)(25.1M)(90.6M)(51.8M)(46.6M)(44.3M)
Common Stock747M808M899M200K230K218.5K
Intangible Assets18M61M163M23.1M26.6M35.5M
Short Long Term Debt Total118.7M146.6M5.4B6.5B7.4B7.8B
Inventory281.1M447.5M513.5M537.3M617.9M648.8M
Short Term Debt268.1M248.6M485.1M341M392.2M702.9M
Short Term Investments57M135M76M2.4B2.8B2.9B
Current Deferred Revenue(4.4B)(268.1M)(248.6M)(485.1M)(436.6M)(458.4M)
Other Assets308M303M281M286M328.9M226.7M
Net Tangible Assets526.3M658M803.2M983.9M1.1B1.2B
Long Term Debt5.4B507M5.2B6.0B6.9B7.2B
Long Term Investments5.9B4.4B5.4B8.0B9.2B9.7B
Non Current Liabilities Other686M6.3B2.5B3.1B3.5B2.7B

Also Currently Popular

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 Stonex Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stonex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stonex Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stonex Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stonex Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Stonex Group information on this page should be used as a complementary analysis to other Stonex'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Stonex Stock analysis

When running Stonex's price analysis, check to measure Stonex'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 Stonex is operating at the current time. Most of Stonex's value examination focuses on studying past and present price action to predict the probability of Stonex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stonex's price. Additionally, you may evaluate how the addition of Stonex to your portfolios can decrease your overall portfolio volatility.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Money Managers
Screen money managers from public funds and ETFs managed around the world
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Is Stonex'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 Stonex. If investors know Stonex 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 Stonex 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
0.254
Earnings Share
8.25
Revenue Per Share
2.4 K
Quarterly Revenue Growth
0.367
Return On Assets
0.0102
The market value of Stonex Group is measured differently than its book value, which is the value of Stonex that is recorded on the company's balance sheet. Investors also form their own opinion of Stonex's value that differs from its market value or its book value, called intrinsic value, which is Stonex'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 Stonex's market value can be influenced by many factors that don't directly affect Stonex'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 Stonex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stonex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stonex'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.