Zumiez Gross Profit vs Total Revenue Analysis

ZUMZ Stock  USD 18.08  0.28  1.57%   
Zumiez financial indicator trend analysis is more than just analyzing Zumiez Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zumiez Inc is a good investment. Please check the relationship between Zumiez Gross Profit and its Total Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zumiez Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zumiez Inc Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zumiez's Gross Profit and Total Revenue is 0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Zumiez Inc, assuming nothing else is changed. The correlation between historical values of Zumiez's Gross Profit and Total Revenue 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 Zumiez Inc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., Zumiez's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Zumiez Inc minus its cost of goods sold. It is profit before Zumiez 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 Revenue

Total revenue comprises all receipts Zumiez Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Zumiez's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zumiez Inc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zumiez Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Enterprise Value is likely to rise to about 317.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 190.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit456.7M324.7M261.2M230.3M
Total Revenue1.2B958.4M875.5M664.4M

Zumiez fundamental ratios Correlations

0.940.24-0.39-0.290.870.590.810.97-0.450.960.160.80.910.930.750.980.950.760.840.810.850.030.560.980.89
0.94-0.01-0.19-0.280.710.580.670.86-0.160.820.320.60.970.860.590.880.90.820.880.630.880.280.380.950.78
0.24-0.01-0.63-0.140.420.40.550.43-0.740.41-0.230.560.060.460.40.270.30.06-0.090.430.08-0.790.240.240.2
-0.39-0.19-0.630.56-0.45-0.66-0.54-0.510.5-0.51-0.13-0.44-0.07-0.42-0.51-0.47-0.21-0.51-0.44-0.44-0.540.27-0.42-0.3-0.39
-0.29-0.28-0.140.56-0.33-0.53-0.17-0.30.02-0.31-0.67-0.16-0.16-0.22-0.48-0.34-0.09-0.56-0.56-0.3-0.57-0.35-0.39-0.24-0.37
0.870.710.42-0.45-0.330.490.830.91-0.750.930.00.950.70.860.910.90.850.570.640.990.68-0.230.850.850.85
0.590.580.4-0.66-0.530.490.610.64-0.170.540.530.380.510.670.470.560.480.740.690.410.81-0.040.280.60.4
0.810.670.55-0.54-0.170.830.610.9-0.70.82-0.140.770.670.880.830.780.830.60.570.780.68-0.330.570.840.59
0.970.860.43-0.51-0.30.910.640.9-0.60.970.090.860.830.960.820.960.940.710.760.860.81-0.150.610.950.86
-0.45-0.16-0.740.50.02-0.75-0.17-0.7-0.6-0.640.51-0.85-0.2-0.53-0.73-0.52-0.5-0.08-0.06-0.8-0.150.73-0.7-0.42-0.49
0.960.820.41-0.51-0.310.930.540.820.97-0.640.030.910.790.90.810.990.90.660.740.90.76-0.170.650.910.94
0.160.32-0.23-0.13-0.670.00.53-0.140.090.510.03-0.190.240.14-0.020.120.020.480.52-0.080.50.63-0.030.160.15
0.80.60.56-0.44-0.160.950.380.770.86-0.850.91-0.190.620.810.80.850.810.420.460.960.5-0.440.760.770.83
0.910.970.06-0.07-0.160.70.510.670.83-0.20.790.240.620.870.550.820.930.720.760.620.770.180.330.950.71
0.930.860.46-0.42-0.220.860.670.880.96-0.530.90.140.810.870.710.880.950.690.70.790.78-0.150.520.960.74
0.750.590.4-0.51-0.480.910.470.830.82-0.730.81-0.020.80.550.710.780.70.550.60.90.65-0.180.840.720.71
0.980.880.27-0.47-0.340.90.560.780.96-0.520.990.120.850.820.880.780.890.720.830.860.82-0.030.630.920.95
0.950.90.3-0.21-0.090.850.480.830.94-0.50.90.020.810.930.950.70.890.610.670.790.7-0.10.510.980.78
0.760.820.06-0.51-0.560.570.740.60.71-0.080.660.480.420.720.690.550.720.610.870.480.950.360.330.750.58
0.840.88-0.09-0.44-0.560.640.690.570.76-0.060.740.520.460.760.70.60.830.670.870.570.960.440.480.80.75
0.810.630.43-0.44-0.30.990.410.780.86-0.80.9-0.080.960.620.790.90.860.790.480.570.59-0.280.890.780.83
0.850.880.08-0.54-0.570.680.810.680.81-0.150.760.50.50.770.780.650.820.70.950.960.590.320.460.830.69
0.030.28-0.790.27-0.35-0.23-0.04-0.33-0.150.73-0.170.63-0.440.18-0.15-0.18-0.03-0.10.360.44-0.280.32-0.140.030.0
0.560.380.24-0.42-0.390.850.280.570.61-0.70.65-0.030.760.330.520.840.630.510.330.480.890.46-0.140.520.64
0.980.950.24-0.3-0.240.850.60.840.95-0.420.910.160.770.950.960.720.920.980.750.80.780.830.030.520.8
0.890.780.2-0.39-0.370.850.40.590.86-0.490.940.150.830.710.740.710.950.780.580.750.830.690.00.640.8
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Zumiez Account Relationship Matchups

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