New Cost Of Revenue vs Total Operating Expenses Analysis

002946 Stock

13.01 0.01 0.08%

New Hope financial indicator trend analysis is infinitely more than just investigating New Hope Dairy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Hope Dairy is a good investment. Please check the relationship between New Hope Cost Of Revenue and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in New Hope Dairy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cost Of Revenue vs Total Operating Expenses

Cost Of Revenue vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Hope Dairy Cost Of Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have totally related.

The correlation between New Hope's Cost Of Revenue and Total Operating Expenses is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of New Hope Dairy, assuming nothing else is changed. The correlation between historical values of New Hope's Cost Of Revenue 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 Cost Of Revenue of New Hope Dairy 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 Cost Of Revenue i.e., New Hope's Cost Of Revenue and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cost Of Revenue

Cost of Revenue is found on New Hope Dairy income statement and represents the costs associated with goods and services New Hope 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.

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 New Hope's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Hope Dairy 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 New Hope Dairy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of December 2, 2024, Selling General Administrative is expected to decline to about 1.4 B. In addition to that, Tax Provision is expected to decline to about 36.7 M

	2021	2022	2023	2024 (projected)
Gross Profit	2.2B	2.4B	3.0B	2.1B
Total Revenue	9.0B	10.0B	11.0B	7.3B

Gross Profit Total Revenue

New Hope fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt
Total Assets		0.14	0.97	0.96	0.94	-0.38	0.87	0.96	-0.51	-0.38	0.8	0.99	0.96	0.67	0.99	0.49	0.68	0.57	0.83	0.58	0.99	-0.08	0.96	1.0	0.76	0.98
Other Current Liab	0.14		0.16	0.05	-0.04	-0.02	-0.29	0.1	0.19	0.3	0.08	0.2	0.12	0.8	0.15	-0.11	0.0	0.13	0.16	-0.01	0.16	-0.32	-0.03	0.12	0.06	0.14
Total Current Liabilities	0.97	0.16		0.88	0.88	-0.52	0.85	0.99	-0.41	-0.31	0.85	0.97	0.97	0.64	0.98	0.31	0.59	0.51	0.88	0.52	0.97	-0.01	0.93	0.97	0.73	0.96
Total Stockholder Equity	0.96	0.05	0.88		0.92	-0.14	0.87	0.88	-0.57	-0.38	0.77	0.93	0.9	0.6	0.93	0.65	0.69	0.56	0.74	0.55	0.94	-0.04	0.92	0.97	0.81	0.93
Other Liab	0.94	-0.04	0.88	0.92		-0.39	0.83	0.88	-0.48	-0.44	0.7	0.94	0.89	0.51	0.93	0.5	0.66	0.47	0.77	0.55	0.94	-0.02	0.96	0.94	0.62	0.95
Net Tangible Assets	-0.38	-0.02	-0.52	-0.14	-0.39		-0.33	-0.49	-0.08	0.2	-0.4	-0.46	-0.46	-0.17	-0.46	0.52	-0.05	0.03	-0.57	-0.12	-0.46	-0.13	-0.42	-0.36	0.06	-0.47
Retained Earnings	0.87	-0.29	0.85	0.87	0.83	-0.33		0.86	-0.61	-0.52	0.73	0.82	0.88	0.3	0.85	0.44	0.62	0.48	0.7	0.53	0.85	0.06	0.89	0.88	0.69	0.83
Accounts Payable	0.96	0.1	0.99	0.88	0.88	-0.49	0.86		-0.4	-0.31	0.83	0.95	0.98	0.59	0.97	0.32	0.58	0.46	0.88	0.5	0.96	0.05	0.94	0.95	0.73	0.95
Cash	-0.51	0.19	-0.41	-0.57	-0.48	-0.08	-0.61	-0.4		0.88	-0.11	-0.42	-0.52	-0.27	-0.49	-0.6	-0.91	-0.81	0.01	-0.86	-0.49	0.63	-0.61	-0.5	-0.48	-0.38
Other Assets	-0.38	0.3	-0.31	-0.38	-0.44	0.2	-0.52	-0.31	0.88		0.0	-0.34	-0.45	-0.13	-0.39	-0.29	-0.75	-0.55	0.03	-0.73	-0.41	0.53	-0.54	-0.36	-0.11	-0.3
Net Receivables	0.8	0.08	0.85	0.77	0.7	-0.4	0.73	0.83	-0.11	0.0		0.83	0.79	0.44	0.79	0.15	0.2	0.15	0.91	0.07	0.81	0.42	0.72	0.82	0.71	0.83
Good Will	0.99	0.2	0.97	0.93	0.94	-0.46	0.82	0.95	-0.42	-0.34	0.83		0.95	0.7	0.99	0.38	0.6	0.48	0.87	0.49	0.99	-0.03	0.94	0.99	0.68	0.99
Inventory	0.96	0.12	0.97	0.9	0.89	-0.46	0.88	0.98	-0.52	-0.45	0.79	0.95		0.63	0.97	0.33	0.65	0.5	0.82	0.55	0.97	-0.04	0.96	0.96	0.7	0.94
Other Current Assets	0.67	0.8	0.64	0.6	0.51	-0.17	0.3	0.59	-0.27	-0.13	0.44	0.7	0.63		0.67	0.28	0.47	0.48	0.52	0.41	0.68	-0.4	0.52	0.65	0.43	0.65
Total Liab	0.99	0.15	0.98	0.93	0.93	-0.46	0.85	0.97	-0.49	-0.39	0.79	0.99	0.97	0.67		0.42	0.68	0.57	0.84	0.6	0.99	-0.1	0.96	0.99	0.72	0.98
Deferred Long Term Liab	0.49	-0.11	0.31	0.65	0.5	0.52	0.44	0.32	-0.6	-0.29	0.15	0.38	0.33	0.28	0.42		0.65	0.62	0.1	0.57	0.4	-0.34	0.45	0.49	0.6	0.39
Long Term Investments	0.68	0.0	0.59	0.69	0.66	-0.05	0.62	0.58	-0.91	-0.75	0.2	0.6	0.65	0.47	0.68	0.65		0.91	0.18	0.97	0.65	-0.67	0.76	0.65	0.6	0.56
Short Long Term Debt	0.57	0.13	0.51	0.56	0.47	0.03	0.48	0.46	-0.81	-0.55	0.15	0.48	0.5	0.48	0.57	0.62	0.91		0.09	0.94	0.51	-0.76	0.58	0.55	0.66	0.44
Total Current Assets	0.83	0.16	0.88	0.74	0.77	-0.57	0.7	0.88	0.01	0.03	0.91	0.87	0.82	0.52	0.84	0.1	0.18	0.09		0.09	0.85	0.38	0.74	0.84	0.54	0.9
Short Term Debt	0.58	-0.01	0.52	0.55	0.55	-0.12	0.53	0.5	-0.86	-0.73	0.07	0.49	0.55	0.41	0.6	0.57	0.97	0.94	0.09		0.54	-0.77	0.66	0.55	0.5	0.46
Intangible Assets	0.99	0.16	0.97	0.94	0.94	-0.46	0.85	0.96	-0.49	-0.41	0.81	0.99	0.97	0.68	0.99	0.4	0.65	0.51	0.85	0.54		-0.06	0.96	0.99	0.68	0.99
Common Stock	-0.08	-0.32	-0.01	-0.04	-0.02	-0.13	0.06	0.05	0.63	0.53	0.42	-0.03	-0.04	-0.4	-0.1	-0.34	-0.67	-0.76	0.38	-0.77	-0.06		-0.1	-0.04	-0.05	0.03
Property Plant Equipment	0.96	-0.03	0.93	0.92	0.96	-0.42	0.89	0.94	-0.61	-0.54	0.72	0.94	0.96	0.52	0.96	0.45	0.76	0.58	0.74	0.66	0.96	-0.1		0.95	0.71	0.93
Non Current Assets Total	1.0	0.12	0.97	0.97	0.94	-0.36	0.88	0.95	-0.5	-0.36	0.82	0.99	0.96	0.65	0.99	0.49	0.65	0.55	0.84	0.55	0.99	-0.04	0.95		0.76	0.98
Non Currrent Assets Other	0.76	0.06	0.73	0.81	0.62	0.06	0.69	0.73	-0.48	-0.11	0.71	0.68	0.7	0.43	0.72	0.6	0.6	0.66	0.54	0.5	0.68	-0.05	0.71	0.76		0.67
Long Term Debt	0.98	0.14	0.96	0.93	0.95	-0.47	0.83	0.95	-0.38	-0.3	0.83	0.99	0.94	0.65	0.98	0.39	0.56	0.44	0.9	0.46	0.99	0.03	0.93	0.98	0.67

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New Hope Account Relationship Matchups

New Hope fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.4B	8.6B	9.5B	9.5B	8.9B	7.2B
Other Current Liab	373.6M	473.9M	783.7M	704.7M	46.0M	43.7M
Total Current Liabilities	2.7B	3.4B	4.3B	4.3B	4.0B	3.6B
Total Stockholder Equity	2.0B	2.7B	2.6B	2.5B	2.6B	2.1B
Other Liab	121.2M	241.1M	192.0M	219.4M	252.3M	169.6M
Net Tangible Assets	1.6B	1.0B	734.8M	552.9M	497.6M	747.4M
Retained Earnings	663.8M	883.6M	1.1B	1.4B	1.7B	1.8B
Accounts Payable	526.8M	647.4M	881.9M	957.6M	925.4M	681.0M
Cash	446.4M	538.7M	515.2M	494.1M	439.5M	408.0M
Other Assets	202.0M	172.9M	210.1M	123.5M	111.1M	130.7M
Net Receivables	463.5M	533.9M	666.6M	575.8M	604.1M	558.2M
Inventory	328.4M	466.1M	685.2M	800.3M	711.5M	493.5M
Other Current Assets	54.9M	142.7M	208.6M	221.1M	5.9M	5.6M
Total Liab	3.3B	5.7B	6.6B	6.8B	6.3B	5.0B
Deferred Long Term Liab	55.0M	55.0M	22.1M	20.6M	23.7M	29.7M
Short Long Term Debt	1.4B	1.2B	1.8B	827.9M	915.6M	1.2B
Total Current Assets	1.3B	1.9B	2.1B	2.1B	2.0B	1.8B
Intangible Assets	226.1M	616.9M	712.9M	776.2M	681.1M	472.7M
Property Plant Equipment	2.5B	3.5B	3.8B	4.0B	4.6B	3.1B
Non Current Assets Total	4.1B	6.7B	7.4B	7.3B	6.9B	5.8B
Non Currrent Assets Other	109.9M	72.1M	140.4M	60.6M	97.4M	80.3M
Long Term Debt	453.9M	2.0B	2.1B	2.3B	2.1B	1.4B
Non Current Liabilities Total	575.1M	2.3B	2.3B	2.6B	2.3B	1.6B
Non Current Liabilities Other	417.9M	4.0M	38.8M	51.6K	46.5K	44.1K
Net Debt	1.3B	2.7B	3.3B	2.6B	2.5B	2.3B
Net Invested Capital	3.7B	5.9B	6.5B	5.6B	5.5B	5.1B
Net Working Capital	(1.4B)	(1.6B)	(2.2B)	(2.1B)	(2.0B)	(2.1B)

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Balance Sheet is a snapshot of the financial position of New Hope Dairy at a specified time, usually calculated after every quarter, six months, or one year. New Hope Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of New Hope and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which New currently owns. An asset can also be divided into two categories, current and non-current.

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New Cost Of Revenue vs Total Operating Expenses Analysis

Cost Of Revenue vs Total Operating Expenses

Cost Of Revenue vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Total Operating Expenses

New Hope fundamental ratios Correlations

New Hope Account Relationship Matchups

High Positive Relationship

High Negative Relationship

New Hope fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Good Will

Long Term Investments	- 0.91	Cash
Short Term Debt	- 0.86	Cash
Short Long Term Debt	- 0.81	Cash
Common Stock	- 0.77	Short Term Debt
Common Stock	- 0.76	Short Long Term Debt
Long Term Investments	- 0.75	Other Assets