Eyebright Cost Of Revenue vs Ebitda Analysis

688050 Stock   90.61  1.90  2.05%   
Eyebright Medical financial indicator trend analysis is much more than just examining Eyebright Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eyebright Medical is a good investment. Please check the relationship between Eyebright Medical Cost Of Revenue and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eyebright Medical Technology. 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 Ebitda

Cost Of Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eyebright Medical Cost Of Revenue account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eyebright Medical's Cost Of Revenue and Ebitda is 0.91. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of Eyebright Medical Technology, assuming nothing else is changed. The correlation between historical values of Eyebright Medical's Cost Of Revenue and Ebitda 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 Eyebright Medical Technology are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Cost Of Revenue i.e., Eyebright Medical's Cost Of Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Eyebright Medical income statement and represents the costs associated with goods and services Eyebright Medical 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.

Ebitda

Most indicators from Eyebright Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eyebright Medical 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 Eyebright Medical Technology. 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 226.9 M, whereas Tax Provision is forecasted to decline to about 25.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense736.9K2.0M9.8M10.3M
Depreciation And Amortization42.0M58.7M67.5M70.9M

Eyebright Medical fundamental ratios Correlations

0.960.320.930.910.96-0.610.960.870.860.970.740.990.840.920.940.250.880.930.87-0.350.960.910.340.80.96
0.960.460.860.920.88-0.690.890.760.890.890.750.950.770.850.820.370.90.860.9-0.310.880.890.370.720.96
0.320.460.00.560.11-0.580.14-0.150.530.120.590.320.110.1-0.020.570.590.050.65-0.20.080.50.61-0.050.44
0.930.860.00.740.99-0.350.980.980.680.990.580.920.850.980.970.010.681.00.65-0.280.980.740.170.860.87
0.910.920.560.740.8-0.740.80.640.960.810.820.90.840.740.760.430.990.740.97-0.350.810.990.450.740.96
0.960.880.110.990.8-0.41.00.960.721.00.660.950.850.980.970.040.740.990.71-0.310.990.790.260.860.9
-0.61-0.69-0.58-0.35-0.74-0.4-0.39-0.23-0.87-0.41-0.43-0.6-0.4-0.28-0.43-0.74-0.8-0.32-0.860.38-0.48-0.78-0.13-0.26-0.62
0.960.890.140.980.81.0-0.390.960.721.00.720.960.850.980.960.00.750.990.71-0.330.980.790.340.860.91
0.870.76-0.150.980.640.96-0.230.960.570.960.530.860.820.950.96-0.140.580.970.53-0.270.950.640.140.870.79
0.860.890.530.680.960.72-0.870.720.570.730.660.840.780.650.710.560.970.670.97-0.40.770.970.250.660.91
0.970.890.120.990.811.0-0.411.00.960.730.680.960.850.980.970.040.750.990.72-0.320.990.80.290.850.91
0.740.750.590.580.820.66-0.430.720.530.660.680.810.640.640.590.020.780.610.76-0.30.630.760.860.620.81
0.990.950.320.920.90.95-0.60.960.860.840.960.810.820.90.930.160.870.910.85-0.380.950.890.440.80.96
0.840.770.110.850.840.85-0.40.850.820.780.850.640.820.830.840.090.80.840.71-0.320.850.840.20.970.89
0.920.850.10.980.740.98-0.280.980.950.650.980.640.90.830.93-0.020.680.990.64-0.280.950.720.270.840.87
0.940.82-0.020.970.760.97-0.430.960.960.710.970.590.930.840.930.020.720.950.68-0.290.990.780.170.850.84
0.250.370.570.010.430.04-0.740.0-0.140.560.040.020.160.09-0.020.020.510.00.6-0.030.080.48-0.17-0.10.29
0.880.90.590.680.990.74-0.80.750.580.970.750.780.870.80.680.720.510.690.99-0.340.760.990.410.690.93
0.930.860.051.00.740.99-0.320.990.970.670.990.610.910.840.990.950.00.690.65-0.280.970.730.220.860.87
0.870.90.650.650.970.71-0.860.710.530.970.720.760.850.710.640.680.60.990.65-0.340.730.970.410.60.91
-0.35-0.31-0.2-0.28-0.35-0.310.38-0.33-0.27-0.4-0.32-0.3-0.38-0.32-0.28-0.29-0.03-0.34-0.28-0.34-0.33-0.33-0.15-0.26-0.37
0.960.880.080.980.810.99-0.480.980.950.770.990.630.950.850.950.990.080.760.970.73-0.330.810.210.840.89
0.910.890.50.740.990.79-0.780.790.640.970.80.760.890.840.720.780.480.990.730.97-0.330.810.370.740.94
0.340.370.610.170.450.26-0.130.340.140.250.290.860.440.20.270.17-0.170.410.220.41-0.150.210.370.220.42
0.80.72-0.050.860.740.86-0.260.860.870.660.850.620.80.970.840.85-0.10.690.860.6-0.260.840.740.220.83
0.960.960.440.870.960.9-0.620.910.790.910.910.810.960.890.870.840.290.930.870.91-0.370.890.940.420.83
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Eyebright Medical Account Relationship Matchups

Eyebright Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets685.8M1.6B2.0B2.2B3.1B3.2B
Short Long Term Debt Total7.7M894.5K154.8M162.8M187.2M196.6M
Other Current Liab21.9M74.9M133.9M133.9M137.3K130.4K
Total Current Liabilities23.1M77.1M139.4M147.7M377.8M396.7M
Total Stockholder Equity617.6M1.5B1.7B1.9B2.1B1.2B
Property Plant And Equipment Net183.1M267.1M558.7M674.2M1.3B1.3B
Net Debt(195.4M)(536.8M)(318.0M)(192.1M)(172.9M)(181.5M)
Retained Earnings2.5M90.0M213.5M391.4M647.2M679.5M
Accounts Payable280.9K2.2M5.6M13.9M49.0M51.5M
Cash196.3M536.8M472.9M354.9M536.7M308.0M
Non Current Assets Total351.3M492.4M928.9M1.2B2.0B2.1B
Non Currrent Assets Other42.2M87.2M86.2M317.6M170.0M107.0M
Cash And Short Term Investments196.3M537.1M473.4M836.9M962.4M1.0B
Common Stock Shares Outstanding78.5M89.4M105.1M105.3M189.5M106.7M
Liabilities And Stockholders Equity685.8M1.6B2.0B2.2B2.6B2.7B
Non Current Liabilities Total15.1M13.8M168.0M176.6M328.1M344.5M
Inventory60.8M59.1M56.0M78.8M181.4M190.4M
Other Current Assets12.9M466.6M504.1M11.3M36.5M34.6M
Other Stockholder Equity536.2M1.3B1.4B1.4B1.6B845.9M
Total Liab38.3M90.9M307.5M324.3M705.9M741.1M
Total Current Assets334.5M1.1B1.1B1.1B1.0B718.5M
Intangible Assets100.6M112.9M127.8M140.3M252.2M264.8M
Common Stock78.8M78.8M105.1M105.2M121.0M93.5M

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Other Information on Investing in Eyebright Stock

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