Sirius Cost of Revenue vs Gross Profit Analysis
| SIRI Stock | USD 3.10 0.05 1.59% |
Sirius XM financial indicator trend analysis is much more than just breaking down Sirius XM Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sirius XM Holding is a good investment. Please check the relationship between Sirius XM Cost Of Revenue and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sirius XM Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Cost Of Revenue vs Gross Profit
Cost of Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sirius XM Holding Cost of Revenue account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Sirius XM's Cost of Revenue and Gross Profit is 0.99. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Sirius XM Holding, assuming nothing else is changed. The correlation between historical values of Sirius XM's Cost of Revenue 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 Cost of Revenue of Sirius XM Holding 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 Cost of Revenue i.e., Sirius XM's Cost of Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Sirius XM Holding income statement and represents the costs associated with goods and services Sirius XM 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sirius XM Holding minus its cost of goods sold. It is profit before Sirius XM 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 Sirius XM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sirius XM Holding 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 Sirius XM Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of now, Sirius XM's Selling General Administrative is increasing as compared to previous years. The Sirius XM's current Sales General And Administrative To Revenue is estimated to increase to 0.08, while Tax Provision is projected to decrease to under 274.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.4B | 4.5B | 4.4B | 4.6B | Total Revenue | 8.7B | 9.0B | 9.0B | 9.4B |
Sirius XM fundamental ratios Correlations
Click cells to compare fundamentals
Sirius XM Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sirius XM fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 11.1B | 10.3B | 10.3B | 10.0B | 10.4B | 5.7B | |
| Other Current Liab | 132.5M | 164M | 174M | 178M | 165M | 184.1M | |
| Total Current Liabilities | 3.3B | 3.2B | 3.0B | 3.0B | 3.2B | 1.7B | |
| Total Stockholder Equity | (736M) | (2.3B) | (2.6B) | (3.4B) | (2.6B) | (2.4B) | |
| Property Plant And Equipment Net | 2.1B | 2.1B | 1.8B | 1.8B | 2.0B | 1.3B | |
| Net Debt | 8.2B | 8.9B | 9.1B | 9.8B | 9.3B | 9.8B | |
| Retained Earnings | (1.1B) | (2.3B) | (2.6B) | (3.4B) | (2.6B) | (2.7B) | |
| Accounts Payable | 1.2B | 1.2B | 1.3B | 1.2B | 1.3B | 1.4B | |
| Cash | 106M | 71M | 191M | 57M | 216M | 270.9M | |
| Non Current Assets Total | 10.1B | 9.4B | 9.1B | 9.0B | 9.1B | 4.9B | |
| Non Currrent Assets Other | 139M | 405M | 415M | 312M | 338M | 354.9M | |
| Cash And Short Term Investments | 106M | 71M | 191M | 57M | 216M | 231.6M | |
| Common Stock Shares Outstanding | 4.6B | 4.4B | 4.1B | 4.0B | 3.9B | 2.4B | |
| Liabilities And Stockholders Equity | 11.1B | 10.3B | 10.3B | 10.0B | 10.4B | 5.7B | |
| Non Current Liabilities Total | 8.6B | 9.5B | 9.9B | 10.4B | 9.7B | 10.2B | |
| Other Stockholder Equity | 395M | (19M) | (8M) | (4M) | (4.6M) | (4.4M) | |
| Total Liab | 11.9B | 12.6B | 12.9B | 13.4B | 12.9B | 13.6B | |
| Total Current Assets | 1.0B | 967M | 1.2B | 1.0B | 1.3B | 795.0M | |
| Short Long Term Debt Total | 8.3B | 9.0B | 9.2B | 9.8B | 9.5B | 10.0B | |
| Other Current Assets | 22M | 20M | 21M | 326M | 346M | 363.3M | |
| Property Plant And Equipment Gross | 2.1B | 2.1B | 1.8B | 1.8B | 5.3B | 5.5B | |
| Accumulated Other Comprehensive Income | (6.2M) | 8M | 15M | (4M) | 3M | 3.2M | |
| Good Will | 3.8B | 3.1B | 3.2B | 3.2B | 3.7B | 3.9B | |
| Intangible Assets | 3.5B | 3.3B | 3.2B | 3.1B | 2.9B | 1.9B | |
| Short Term Debt | 3.4M | 48M | 49M | 246M | 551M | 578.6M | |
| Other Liab | 294M | 533M | 725M | 816M | 938.4M | 985.3M | |
| Other Assets | 423M | 1.3B | 949M | 459M | 527.9M | 532.1M | |
| Long Term Debt | 7.8B | 8.5B | 8.8B | 9.3B | 8.7B | 4.4B | |
| Property Plant Equipment | 1.6B | 2.1B | 2.2B | 1.8B | 2.1B | 1.5B | |
| Current Deferred Revenue | 1.9B | 1.7B | 1.5B | 1.3B | 1.2B | 1.3B | |
| Net Receivables | 670M | 672M | 722M | 655M | 709M | 744.5M | |
| Inventory | 22.2M | 11M | 10M | 246M | 282.9M | 297.0M | |
| Net Tangible Assets | (8.0B) | (8.7B) | (9.0B) | (9.7B) | (8.7B) | (9.1B) | |
| Retained Earnings Total Equity | (1.1B) | (2.3B) | (2.6B) | (3.4B) | (3.9B) | (4.0B) | |
| Long Term Debt Total | 7.8B | 8.5B | 8.8B | 9.3B | 10.6B | 6.6B |
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When determining whether Sirius XM Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sirius XM'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 Sirius Xm Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sirius Xm Holding Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sirius XM Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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When running Sirius XM's price analysis, check to measure Sirius XM'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 Sirius XM is operating at the current time. Most of Sirius XM's value examination focuses on studying past and present price action to predict the probability of Sirius XM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sirius XM's price. Additionally, you may evaluate how the addition of Sirius XM to your portfolios can decrease your overall portfolio volatility.
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Is Sirius XM'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 Sirius XM. If investors know Sirius 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 Sirius XM 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 (0.02) | Dividend Share 0.099 | Earnings Share 0.32 | Revenue Per Share 2.321 | Quarterly Revenue Growth 0.002 |
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM'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 Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.