CSSC Ebit vs Cost Of Revenue Analysis

600685 Stock   25.07  0.59  2.41%   
CSSC Offshore financial indicator trend analysis is way more than just evaluating CSSC Offshore Marine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSSC Offshore Marine is a good investment. Please check the relationship between CSSC Offshore Ebit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSSC Offshore Marine. 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.

Ebit vs Cost Of Revenue

Ebit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSSC Offshore Marine Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CSSC Offshore's Ebit and Cost Of Revenue is -0.46. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of CSSC Offshore Marine, assuming nothing else is changed. The correlation between historical values of CSSC Offshore's Ebit and Cost Of 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 Ebit of CSSC Offshore Marine are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit i.e., CSSC Offshore's Ebit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ebit

Cost Of Revenue

Cost of Revenue is found on CSSC Offshore Marine income statement and represents the costs associated with goods and services CSSC Offshore 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.
Most indicators from CSSC Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSSC Offshore Marine 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 CSSC Offshore Marine. 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.
The current year's Selling General Administrative is expected to grow to about 341.7 M, whereas Tax Provision is projected to grow to (108 K).
 2021 2022 2023 2024 (projected)
Cost Of Revenue10.5B11.9B15.1B13.9B
Research Development617.5M576.3M658.5M577.0M

CSSC Offshore fundamental ratios Correlations

0.460.88-0.40.48-0.32-0.270.490.75-0.210.410.32-0.110.310.41-0.460.8-0.370.320.83-0.390.520.460.48-0.170.24
0.460.6-0.590.71-0.580.07-0.170.48-0.630.47-0.050.280.570.88-0.630.63-0.620.150.59-0.750.610.820.51-0.610.52
0.880.6-0.680.71-0.62-0.280.450.86-0.570.60.28-0.180.560.45-0.670.96-0.660.20.96-0.630.780.390.7-0.450.4
-0.4-0.59-0.68-0.660.990.55-0.21-0.370.79-0.84-0.470.22-0.67-0.560.94-0.790.49-0.27-0.750.78-0.99-0.43-0.960.78-0.12
0.480.710.71-0.66-0.650.110.090.66-0.820.73-0.120.140.850.38-0.590.82-0.58-0.310.76-0.880.730.350.59-0.650.79
-0.32-0.58-0.620.99-0.650.55-0.21-0.320.79-0.82-0.470.21-0.64-0.550.9-0.750.49-0.27-0.690.75-0.97-0.37-0.950.75-0.12
-0.270.07-0.280.550.110.55-0.380.16-0.02-0.28-0.950.430.13-0.240.46-0.27-0.13-0.71-0.24-0.01-0.53-0.05-0.670.040.67
0.49-0.170.45-0.210.09-0.21-0.380.370.090.170.51-0.15-0.1-0.17-0.140.38-0.180.410.420.160.28-0.190.270.15-0.13
0.750.480.86-0.370.66-0.320.160.37-0.540.47-0.16-0.130.590.19-0.40.82-0.73-0.130.86-0.540.490.220.38-0.390.65
-0.21-0.63-0.570.79-0.820.79-0.020.09-0.54-0.840.150.04-0.94-0.360.76-0.730.670.29-0.70.94-0.79-0.33-0.690.93-0.59
0.410.470.6-0.840.73-0.82-0.280.170.47-0.840.17-0.160.880.35-0.780.8-0.38-0.070.77-0.850.860.320.85-0.810.33
0.32-0.050.28-0.47-0.12-0.47-0.950.51-0.160.150.17-0.41-0.260.27-0.40.230.190.810.20.110.460.080.580.1-0.67
-0.110.28-0.180.220.140.210.43-0.15-0.130.04-0.16-0.410.00.130.24-0.16-0.23-0.19-0.15-0.03-0.210.29-0.33-0.010.34
0.310.570.56-0.670.85-0.640.13-0.10.59-0.940.88-0.260.00.27-0.650.75-0.54-0.430.72-0.940.710.310.61-0.870.68
0.410.880.45-0.560.38-0.55-0.24-0.170.19-0.360.350.270.130.27-0.620.44-0.340.530.41-0.520.540.880.53-0.440.08
-0.46-0.63-0.670.94-0.590.90.46-0.14-0.40.76-0.78-0.40.24-0.65-0.62-0.760.48-0.31-0.740.79-0.92-0.61-0.880.84-0.1
0.80.630.96-0.790.82-0.75-0.270.380.82-0.730.80.23-0.160.750.44-0.76-0.630.080.99-0.790.880.40.81-0.620.47
-0.37-0.62-0.660.49-0.580.49-0.13-0.18-0.730.67-0.380.19-0.23-0.54-0.340.48-0.630.05-0.670.56-0.53-0.32-0.380.57-0.55
0.320.150.2-0.27-0.31-0.27-0.710.41-0.130.29-0.070.81-0.19-0.430.53-0.310.080.050.10.230.240.380.350.15-0.67
0.830.590.96-0.750.76-0.69-0.240.420.86-0.70.770.2-0.150.720.41-0.740.99-0.670.1-0.750.830.410.76-0.620.44
-0.39-0.75-0.630.78-0.880.75-0.010.16-0.540.94-0.850.11-0.03-0.94-0.520.79-0.790.560.23-0.75-0.8-0.55-0.70.9-0.61
0.520.610.78-0.990.73-0.97-0.530.280.49-0.790.860.46-0.210.710.54-0.920.88-0.530.240.83-0.80.420.97-0.750.2
0.460.820.39-0.430.35-0.37-0.05-0.190.22-0.330.320.080.290.310.88-0.610.4-0.320.380.41-0.550.420.35-0.520.15
0.480.510.7-0.960.59-0.95-0.670.270.38-0.690.850.58-0.330.610.53-0.880.81-0.380.350.76-0.70.970.35-0.660.02
-0.17-0.61-0.450.78-0.650.750.040.15-0.390.93-0.810.1-0.01-0.87-0.440.84-0.620.570.15-0.620.9-0.75-0.52-0.66-0.39
0.240.520.4-0.120.79-0.120.67-0.130.65-0.590.33-0.670.340.680.08-0.10.47-0.55-0.670.44-0.610.20.150.02-0.39
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CSSC Offshore Account Relationship Matchups

CSSC Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.3B38.9B44.3B46.5B50.9B37.3B
Other Current Liab9.1B6.9B11.0B13.6B167.1M158.7M
Total Current Liabilities29.4B18.5B21.0B24.4B26.5B20.1B
Total Stockholder Equity10.1B14.4B15.5B15.6B16.4B13.8B
Other Liab1.2B673.6M1.2B1.0B920.6M1.1B
Net Tangible Assets7.9B13.5B14.6B14.7B16.9B11.5B
Retained Earnings(642.9M)3.0B2.9B3.3B2.3B1.8B
Accounts Payable11.8B6.7B7.2B6.3B8.8B8.4B
Cash14.3B8.8B9.6B14.8B16.4B10.3B
Other Assets3.3B2.9B3.7B3.4B3.9B2.6B
Long Term Debt6.0B2.1B3.2B2.2B3.3B3.9B
Net Receivables11.8B1.2B1.1B1.1B2.1B3.3B
Short Term Investments48.8M1.1B3.3B29.9M9.1M8.7M
Inventory4.3B4.2B4.9B4.4B5.4B5.5B
Other Current Assets2.7B1.8B2.3B3.0B445.7M423.4M
Other Stockholder Equity(41.3M)699.0M1.9B1.5B1.7B1.8B
Total Liab36.8B21.4B25.6B27.7B31.3B25.1B
Short Long Term Debt6.1B2.0B1.9B2.9B780.5M741.5M
Total Current Assets33.2B21.8B24.1B25.8B29.8B23.0B
Intangible Assets2.1B918.9M933.6M910.4M886.4M1.2B
Property Plant Equipment12.8B4.4B5.2B5.8B5.2B7.6B
Non Current Assets Total19.1B17.1B20.2B20.6B21.0B20.2B
Non Currrent Assets Other78.0M389.9M728.1M736.4M596.5M523.8M
Non Current Liabilities Total7.3B2.9B4.6B3.4B4.8B4.8B
Non Current Liabilities Other694.9M146.7M314.5M302.8M267.8M357.4M
Deferred Long Term Liab75.6M21.2M51.2M49.6M44.6M48.7M
Net Invested Capital22.3B18.6B20.6B20.7B20.5B22.4B
Net Working Capital3.8B3.3B3.1B1.5B3.3B2.6B

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Other Information on Investing in CSSC Stock

Balance Sheet is a snapshot of the financial position of CSSC Offshore Marine at a specified time, usually calculated after every quarter, six months, or one year. CSSC Offshore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CSSC Offshore 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 CSSC currently owns. An asset can also be divided into two categories, current and non-current.