Yoantion Cost Of Revenue vs Selling General Administrative Analysis
301053 Stock | 20.27 1.39 6.42% |
Yoantion Industrial financial indicator trend analysis is more than just analyzing Yoantion Industrial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yoantion Industrial is a good investment. Please check the relationship between Yoantion Industrial Cost Of Revenue and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yoantion Industrial IncLtd. 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 Selling General Administrative
Cost Of Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yoantion Industrial Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Yoantion Industrial's Cost Of Revenue and Selling General Administrative is 0.89. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Yoantion Industrial IncLtd, assuming nothing else is changed. The correlation between historical values of Yoantion Industrial's Cost Of Revenue and Selling General Administrative 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 Yoantion Industrial IncLtd are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Yoantion Industrial's Cost Of Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Yoantion Industrial income statement and represents the costs associated with goods and services Yoantion Industrial 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.Selling General Administrative
Most indicators from Yoantion Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yoantion Industrial 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 Yoantion Industrial IncLtd. 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 24, 2024, Tax Provision is expected to decline to about 2.2 M. In addition to that, Selling General Administrative is expected to decline to about 38.1 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 489.2K | 934.4K | 926.2K | 801.9K | Interest Income | 3.6M | 6.1M | 3.8M | 3.4M |
Yoantion Industrial fundamental ratios Correlations
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Yoantion Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Yoantion Industrial at a specified time, usually calculated after every quarter, six months, or one year. Yoantion Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yoantion Industrial 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 Yoantion currently owns. An asset can also be divided into two categories, current and non-current.