Allurion Selling And Marketing Expenses vs Gross Profit Analysis
| ALUR Stock | 1.23 0.16 11.51% |
Allurion Technologies financial indicator trend analysis is way more than just evaluating Allurion Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allurion Technologies is a good investment. Please check the relationship between Allurion Technologies Selling And Marketing Expenses and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allurion Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Allurion Stock, please use our How to Invest in Allurion Technologies guide.
Selling And Marketing Expenses vs Gross Profit
Selling And Marketing Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allurion Technologies Selling And Marketing Expenses account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Allurion Technologies' Selling And Marketing Expenses and Gross Profit is 0.98. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Allurion Technologies, assuming nothing else is changed. The correlation between historical values of Allurion Technologies' Selling And Marketing Expenses 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 Selling And Marketing Expenses of Allurion Technologies 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 Selling And Marketing Expenses i.e., Allurion Technologies' Selling And Marketing Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Selling And Marketing Expenses
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Allurion Technologies minus its cost of goods sold. It is profit before Allurion Technologies 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 Allurion Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allurion Technologies 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 Allurion Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Allurion Stock, please use our How to Invest in Allurion Technologies guide.At this time, Allurion Technologies' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 06/17/2024, Enterprise Value is likely to grow to about 253.3 M, while Tax Provision is likely to drop slightly above 103 K.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 4.4M | 10.6M | 6.8M | Depreciation And Amortization | 707K | 2.0M | 746K | 1.3M |
Allurion Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Allurion Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Allurion Technologies' price analysis, check to measure Allurion Technologies' 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 Allurion Technologies is operating at the current time. Most of Allurion Technologies' value examination focuses on studying past and present price action to predict the probability of Allurion Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allurion Technologies' price. Additionally, you may evaluate how the addition of Allurion Technologies to your portfolios can decrease your overall portfolio volatility.