Total Gross Profit vs Ebit Analysis
TOT Stock | CAD 9.50 0.29 3.15% |
Total Energy financial indicator trend analysis is much more than just breaking down Total Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Total Energy Services is a good investment. Please check the relationship between Total Energy Gross Profit and its Ebit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Total Energy Services. 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.
Gross Profit vs Ebit
Gross Profit vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Total Energy Services Gross Profit account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Total Energy's Gross Profit and Ebit is 0.87. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of Total Energy Services, assuming nothing else is changed. The correlation between historical values of Total Energy's Gross Profit and Ebit 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 Total Energy Services are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Total Energy's Gross Profit and Ebit go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Total Energy Services minus its cost of goods sold. It is profit before Total 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.Ebit
Most indicators from Total Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Total Energy Services 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 Total Energy Services. 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. At this time, Total Energy's Tax Provision is very stable compared to the past year. As of the 15th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 26.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 406.2M | 668.6M | 759.1M | 797.0M | EBITDA | 81.6M | 128.0M | 147.2M | 154.6M |
Total Energy fundamental ratios Correlations
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Total Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Total Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 997.2M | 849.6M | 813.5M | 878.6M | 861.7M | 493.0M | |
Short Long Term Debt Total | 298.3M | 247.9M | 202.6M | 134.8M | 155.0M | 103.3M | |
Total Current Liabilities | 152.2M | 61.7M | 88.4M | 187.8M | 177.0M | 185.9M | |
Total Stockholder Equity | 543.4M | 510.4M | 492.9M | 521.5M | 530.2M | 293.2M | |
Property Plant And Equipment Net | 730.6M | 637.7M | 576.3M | 567.5M | 557.2M | 345.5M | |
Net Debt | 278.4M | 224.9M | 169.3M | 100.7M | 45.1M | 89.2M | |
Retained Earnings | 268.1M | 240.1M | 242.9M | 273.8M | 299.7M | 167.3M | |
Accounts Payable | 50.4M | 16.5M | 33.6M | 53.2M | 43.4M | 26.9M | |
Non Current Assets Total | 741.7M | 648.9M | 587.8M | 578.6M | 561.2M | 352.9M | |
Net Receivables | 118.3M | 74.7M | 92.8M | 155.1M | 102.9M | 62.3M | |
Common Stock Shares Outstanding | 45.6M | 45.1M | 44.7M | 43.0M | 40.0M | 35.7M | |
Liabilities And Stockholders Equity | 997.2M | 849.6M | 813.5M | 878.6M | 1.0B | 1.1B | |
Non Current Liabilities Total | 301.8M | 276.8M | 231.7M | 168.8M | 153.9M | 123.3M | |
Inventory | 105.7M | 95.6M | 89.9M | 91.6M | 98.2M | 49.3M | |
Other Current Assets | 664K | 566K | 487K | 378K | 434.7K | 413.0K | |
Other Stockholder Equity | 7.5M | 5.0M | 5.8M | 3.6M | 3.2M | 3.1M | |
Total Liab | 454.0M | 338.6M | 320.1M | 356.6M | 330.9M | 199.7M | |
Property Plant And Equipment Gross | 730.6M | 637.7M | 1.2B | 1.2B | 1.3B | 1.3B | |
Total Current Assets | 255.4M | 200.7M | 225.7M | 300.0M | 300.5M | 315.5M | |
Accumulated Other Comprehensive Income | (16.7M) | (18.7M) | (26.7M) | (17.0M) | (15.3M) | (16.1M) | |
Short Term Debt | 49.9M | 9.0M | 6.6M | 7.2M | 8.2M | 15.7M | |
Other Current Liab | 96.1M | 59.8M | 31.9M | 63.6M | 73.1M | 76.7M | |
Common Stock Total Equity | 291.3M | 288.9M | 284.5M | 284.1M | 326.7M | 179.9M | |
Common Stock | 284.5M | 284.1M | 270.9M | 261.1M | 300.3M | 198.7M | |
Current Deferred Revenue | 3.9M | 6.4M | 16.3M | 63.9M | 73.5M | 77.2M | |
Cash | 19.9M | 23.0M | 33.4M | 34.1M | 47.9M | 26.1M | |
Cash And Short Term Investments | 19.9M | 23.0M | 33.4M | 34.1M | 39.2M | 24.0M | |
Other Liab | 53.4M | 37.9M | 35.7M | 41.1M | 37.0M | 41.0M | |
Net Tangible Assets | 539.3M | 506.3M | 488.8M | 517.4M | 595.0M | 506.4M | |
Long Term Debt | 236.3M | 230.5M | 187.9M | 118.0M | 90.9M | 162.5M | |
Short Long Term Debt | 41.6M | 2.6M | 2.6M | 2.0M | 2.1M | 1.9M | |
Property Plant Equipment | 730.6M | 637.7M | 576.3M | 567.5M | 652.6M | 621.8M | |
Long Term Debt Total | 248.4M | 238.9M | 196.0M | 127.6M | 146.8M | 220.3M | |
Capital Surpluse | 7.5M | 5.0M | 5.8M | 3.6M | 3.2M | 4.6M | |
Capital Lease Obligations | 20.4M | 14.8M | 12.1M | 14.8M | 15.8M | 13.2M | |
Net Invested Capital | 821.2M | 743.4M | 683.4M | 641.5M | 623.2M | 597.9M | |
Cash And Equivalents | 19.9M | 23.0M | 33.4M | 34.1M | 39.2M | 29.7M |
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Total Energy Services. 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. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Total Energy's price analysis, check to measure Total 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 Total Energy is operating at the current time. Most of Total Energy's value examination focuses on studying past and present price action to predict the probability of Total 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 Total Energy's price. Additionally, you may evaluate how the addition of Total Energy to your portfolios can decrease your overall portfolio volatility.
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