Chicago Gross Profit vs Total Operating Expenses Analysis

CVR Stock

USD 16.50 0.89 5.70%

Chicago Rivet financial indicator trend analysis is way more than just evaluating Chicago Rivet Machine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chicago Rivet Machine is a good investment. Please check the relationship between Chicago Rivet Gross Profit and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chicago Rivet Machine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chicago Rivet Machine Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Chicago Rivet's Gross Profit and Total Operating Expenses is -0.22. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Chicago Rivet Machine, assuming nothing else is changed. The correlation between historical values of Chicago Rivet's Gross Profit and Total Operating Expenses 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 Chicago Rivet Machine are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Chicago Rivet's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Chicago Rivet Machine minus its cost of goods sold. It is profit before Chicago Rivet 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from Chicago Rivet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chicago Rivet Machine 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 Chicago Rivet Machine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

At this time, Chicago Rivet's Selling General Administrative is relatively stable compared to the past year. As of 05/21/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, though Enterprise Value Over EBITDA is likely to grow to (3.13).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	5.1M	5.0M	5.2M	6.3M
Cost Of Revenue	27.5M	29.8M	32.1M	26.3M

Total Operating Expenses Cost Of Revenue

Chicago Rivet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Accounts Payable	Short Term Debt	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.68	-0.37	-0.27	0.98	0.94	0.37	0.97	-0.42	0.92	0.16	0.27	0.77	-0.63	-0.24	0.55	-0.41	-0.17	-0.34	0.33	0.87	-0.05	-0.73	0.01	0.34	0.01
Short Long Term Debt Total	0.68		-0.42	-0.36	0.73	0.63	0.75	0.79	-0.82	0.55	-0.13	-0.07	0.85	-0.76	-0.13	0.38	0.0	0.24	-0.48	-0.08	0.68	0.35	-0.99	-0.17	0.72	-0.17
Other Current Liab	-0.37	-0.42		0.46	-0.41	-0.4	-0.58	-0.45	0.56	-0.36	0.16	0.5	-0.42	0.89	0.89	-0.55	-0.18	0.36	0.69	-0.61	-0.3	-0.3	0.52	-0.75	0.04	-0.75
Total Current Liabilities	-0.27	-0.36	0.46		-0.38	-0.31	-0.01	-0.4	0.07	-0.29	0.78	0.3	-0.09	0.38	0.27	-0.48	-0.08	0.67	0.81	-0.33	-0.18	0.4	0.42	-0.16	0.14	-0.16
Total Stockholder Equity	0.98	0.73	-0.41	-0.38		0.94	0.38	0.99	-0.45	0.92	0.08	0.18	0.76	-0.66	-0.26	0.61	-0.36	-0.2	-0.49	0.33	0.83	-0.06	-0.77	0.04	0.35	0.04
Property Plant And Equipment Net	0.94	0.63	-0.4	-0.31	0.94		0.42	0.93	-0.47	0.99	0.06	0.23	0.73	-0.64	-0.31	0.44	-0.42	-0.23	-0.44	0.28	0.65	-0.16	-0.68	0.15	0.34	0.15
Net Debt	0.37	0.75	-0.58	-0.01	0.38	0.42		0.46	-0.99	0.34	0.03	-0.19	0.73	-0.81	-0.42	0.07	0.11	0.42	-0.31	-0.11	0.31	0.62	-0.75	0.21	0.71	0.21
Retained Earnings	0.97	0.79	-0.45	-0.4	0.99	0.93	0.46		-0.53	0.9	0.05	0.13	0.8	-0.71	-0.28	0.61	-0.32	-0.16	-0.53	0.3	0.82	0.0	-0.83	0.05	0.4	0.05
Cash	-0.42	-0.82	0.56	0.07	-0.45	-0.47	-0.99	-0.53		-0.39	0.0	0.19	-0.77	0.82	0.38	-0.13	-0.09	-0.41	0.37	0.12	-0.35	-0.6	0.8	-0.16	-0.73	-0.16
Non Current Assets Total	0.92	0.55	-0.36	-0.29	0.92	0.99	0.34	0.9	-0.39		0.08	0.26	0.67	-0.57	-0.29	0.42	-0.46	-0.27	-0.41	0.29	0.6	-0.23	-0.6	0.16	0.28	0.16
Non Currrent Assets Other	0.16	-0.13	0.16	0.78	0.08	0.06	0.03	0.05	0.0	0.08		0.15	0.21	0.08	0.01	0.13	-0.23	0.39	0.46	0.13	0.23	0.48	0.17	0.06	-0.02	0.06
Cash And Short Term Investments	0.27	-0.07	0.5	0.3	0.18	0.23	-0.19	0.13	0.19	0.26	0.15		0.05	0.3	0.45	-0.4	-0.77	0.19	0.47	-0.34	0.22	-0.33	0.08	-0.43	0.3	-0.43
Net Receivables	0.77	0.85	-0.42	-0.09	0.76	0.73	0.73	0.8	-0.77	0.67	0.21	0.05		-0.75	-0.19	0.39	-0.26	0.22	-0.24	0.11	0.72	0.36	-0.86	-0.04	0.56	-0.04
Common Stock Shares Outstanding	-0.63	-0.76	0.89	0.38	-0.66	-0.64	-0.81	-0.71	0.82	-0.57	0.08	0.3	-0.75		0.71	-0.51	-0.05	0.08	0.63	-0.38	-0.55	-0.39	0.82	-0.48	-0.36	-0.48
Non Current Liabilities Total	-0.24	-0.13	0.89	0.27	-0.26	-0.31	-0.42	-0.28	0.38	-0.29	0.01	0.45	-0.19	0.71		-0.44	-0.19	0.38	0.59	-0.66	-0.13	-0.24	0.23	-0.88	0.19	-0.88
Inventory	0.55	0.38	-0.55	-0.48	0.61	0.44	0.07	0.61	-0.13	0.42	0.13	-0.4	0.39	-0.51	-0.44		-0.05	-0.51	-0.61	0.79	0.59	0.12	-0.44	0.33	-0.3	0.33
Other Current Assets	-0.41	0.0	-0.18	-0.08	-0.36	-0.42	0.11	-0.32	-0.09	-0.46	-0.23	-0.77	-0.26	-0.05	-0.19	-0.05		0.12	-0.14	-0.11	-0.26	0.28	0.02	0.06	-0.03	0.06
Other Stockholder Equity	-0.17	0.24	0.36	0.67	-0.2	-0.23	0.42	-0.16	-0.41	-0.27	0.39	0.19	0.22	0.08	0.38	-0.51	0.12		0.47	-0.73	-0.01	0.61	-0.12	-0.44	0.72	-0.44
Total Liab	-0.34	-0.48	0.69	0.81	-0.49	-0.44	-0.31	-0.53	0.37	-0.41	0.46	0.47	-0.24	0.63	0.59	-0.61	-0.14	0.47		-0.42	-0.18	0.05	0.5	-0.48	0.01	-0.48
Property Plant And Equipment Gross	0.33	-0.08	-0.61	-0.33	0.33	0.28	-0.11	0.3	0.12	0.29	0.13	-0.34	0.11	-0.38	-0.66	0.79	-0.11	-0.73	-0.42		0.3	-0.1	-0.03	0.66	-0.65	0.66
Total Current Assets	0.87	0.68	-0.3	-0.18	0.83	0.65	0.31	0.82	-0.35	0.6	0.23	0.22	0.72	-0.55	-0.13	0.59	-0.26	-0.01	-0.18	0.3		0.18	-0.73	-0.18	0.33	-0.18
Accounts Payable	-0.05	0.35	-0.3	0.4	-0.06	-0.16	0.62	0.0	-0.6	-0.23	0.48	-0.33	0.36	-0.39	-0.24	0.12	0.28	0.61	0.05	-0.1	0.18		-0.3	0.12	0.37	0.12
Short Term Debt	-0.73	-0.99	0.52	0.42	-0.77	-0.68	-0.75	-0.83	0.8	-0.6	0.17	0.08	-0.86	0.82	0.23	-0.44	0.02	-0.12	0.5	-0.03	-0.73	-0.3		0.09	-0.64	0.09
Common Stock Total Equity	0.01	-0.17	-0.75	-0.16	0.04	0.15	0.21	0.05	-0.16	0.16	0.06	-0.43	-0.04	-0.48	-0.88	0.33	0.06	-0.44	-0.48	0.66	-0.18	0.12	0.09		-0.42	1.0
Short Term Investments	0.34	0.72	0.04	0.14	0.35	0.34	0.71	0.4	-0.73	0.28	-0.02	0.3	0.56	-0.36	0.19	-0.3	-0.03	0.72	0.01	-0.65	0.33	0.37	-0.64	-0.42		-0.42
Common Stock	0.01	-0.17	-0.75	-0.16	0.04	0.15	0.21	0.05	-0.16	0.16	0.06	-0.43	-0.04	-0.48	-0.88	0.33	0.06	-0.44	-0.48	0.66	-0.18	0.12	0.09	1.0	-0.42

Click cells to compare fundamentals

Chicago Rivet Account Relationship Matchups

Chicago Rivet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.7M	31.2M	31.8M	33.6M	27.8M	29.0M
Other Current Liab	979.0K	805.0K	875.8K	790.3K	64.6K	61.3K
Total Current Liabilities	1.6M	1.5M	1.9M	1.7M	1.9M	2.2M
Total Stockholder Equity	29.2M	28.7M	29.0M	31.0M	26.0M	24.3M
Property Plant And Equipment Net	13.7M	13.2M	12.5M	11.9M	11.7M	10.6M
Net Debt	(1.4M)	(2.6M)	(2.0M)	(4.0M)	(1.4M)	(1.5M)
Retained Earnings	31.5M	31.0M	31.3M	33.3M	28.3M	25.6M
Cash	1.4M	2.6M	2.0M	4.0M	1.4M	2.4M
Non Current Assets Total	13.7M	13.2M	12.5M	11.9M	12.0M	10.7M
Non Currrent Assets Other	(13.7M)	(13.2M)	(926.1K)	(948.1K)	(853.3K)	(895.9K)
Cash And Short Term Investments	8.0M	7.3M	4.8M	6.7M	3.2M	6.1M
Net Receivables	4.6M	5.2M	5.6M	5.0M	4.4M	4.7M
Liabilities And Stockholders Equity	31.7M	31.2M	31.8M	33.6M	27.8M	29.0M
Non Current Liabilities Total	921.1K	943.1K	1.0M	926.1K	948.1K	0.0
Inventory	5.0M	5.2M	8.5M	9.1M	7.3M	5.4M
Other Current Assets	427.2K	383.8K	346.2K	422.7K	960.8K	1.3M
Total Liab	2.6M	2.5M	2.8M	2.6M	1.9M	3.5M
Property Plant And Equipment Gross	13.7M	13.2M	46.9M	45.3M	46.3M	48.6M
Total Current Assets	18.0M	18.1M	19.3M	21.8M	15.8M	18.3M
Accounts Payable	490.6K	466.4K	692.6K	697.2K	789.0K	791.1K
Short Term Investments	6.6M	4.7M	2.7M	2.7M	1.8M	1.7M
Property Plant Equipment	13.7M	13.2M	12.5M	11.9M	13.6M	11.8M
Current Deferred Revenue	152.6K	249.5K	302.4K	203.7K	430.2K	227.3K
Net Tangible Assets	29.8M	29.2M	28.7M	29.0M	33.3M	29.6M
Retained Earnings Total Equity	31.2M	32.1M	31.5M	31.0M	35.7M	31.9M
Deferred Long Term Liab	737.1K	921.1K	943.1K	1.0M	910.0K	789.6K
Other Liab	943.1K	1.0M	926.1K	948.1K	853.3K	757.0K
Cash And Equivalents	1.4M	2.6M	2.0M	4.0M	4.7M	4.9M
Net Invested Capital	29.2M	28.7M	29.0M	31.0M	26.0M	23.1M
Net Working Capital	16.4M	16.6M	17.4M	20.1M	14.0M	13.6M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Chicago Rivet Machine is a strong investment it is important to analyze Chicago Rivet'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 Chicago Rivet's future performance. For an informed investment choice regarding Chicago Stock, refer to the following important reports:

How To Invest In Chicago

Details

Is Chicago Stock a good investment?

Details

What is Chicago Rivet's Net Worth?

Details

Largest Tools & Accessories Companies

View

Largest Industrials Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chicago Rivet Machine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Chicago Stock analysis

When running Chicago Rivet's price analysis, check to measure Chicago Rivet'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 Chicago Rivet is operating at the current time. Most of Chicago Rivet's value examination focuses on studying past and present price action to predict the probability of Chicago Rivet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chicago Rivet's price. Additionally, you may evaluate how the addition of Chicago Rivet to your portfolios can decrease your overall portfolio volatility.

	CEOs Directory Screen CEOs from public companies around the world
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like

Is Chicago Rivet'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 Chicago Rivet. If investors know Chicago 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 Chicago Rivet 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

19.729

Dividend Share

0.64

Earnings Share

(4.56)

Revenue Per Share

32.612

Quarterly Revenue Growth

(0.01)

The market value of Chicago Rivet Machine is measured differently than its book value, which is the value of Chicago that is recorded on the company's balance sheet. Investors also form their own opinion of Chicago Rivet's value that differs from its market value or its book value, called intrinsic value, which is Chicago Rivet'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 Chicago Rivet's market value can be influenced by many factors that don't directly affect Chicago Rivet'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 Chicago Rivet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chicago Rivet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chicago Rivet'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Chicago Gross Profit vs Total Operating Expenses Analysis

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Gross Profit

Total Operating Expenses

Chicago Rivet fundamental ratios Correlations

Chicago Rivet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chicago Rivet fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Chicago Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.97	Total Assets
Property Plant And Equipment Net	+ 0.94	Total Assets

Cash	- 0.99	Net Debt
Short Term Debt	- 0.99	Short Long Term Debt Total
Common Stock	- 0.88	Non Current Liabilities Total
Common Stock Total Equity	- 0.88	Non Current Liabilities Total
Short Term Debt	- 0.86	Net Receivables
Short Term Debt	- 0.83	Retained Earnings