Aeva Income Before Tax vs Cost Of Revenue Analysis

AEVA-WT Stock  USD 0.06  0.01  18.00%   
Aeva Technologies, financial indicator trend analysis is way more than just evaluating Aeva Technologies, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeva Technologies, is a good investment. Please check the relationship between Aeva Technologies, Income Before Tax and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeva Technologies, WT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeva Technologies, Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Aeva Technologies,'s Income Before Tax and Cost Of Revenue is -0.97. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Aeva Technologies, WT, assuming nothing else is changed. The correlation between historical values of Aeva Technologies,'s Income Before Tax 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 Income Before Tax of Aeva Technologies, WT 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 Income Before Tax i.e., Aeva Technologies,'s Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Aeva Technologies, income statement and is an important metric when analyzing Aeva Technologies, profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Cost Of Revenue

Cost of Revenue is found on Aeva Technologies, income statement and represents the costs associated with goods and services Aeva Technologies, 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 Aeva Technologies,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeva Technologies, 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 Aeva Technologies, WT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Sales General And Administrative To Revenue is likely to gain to 7.62 in 2024, whereas Selling General Administrative is likely to drop slightly above 22.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses107.6M147.7M141.9M98.1M
Cost Of Revenue5.8M8.4M10.2M6.2M

Aeva Technologies, fundamental ratios Correlations

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0.810.790.830.710.960.750.780.29-0.70.870.120.770.920.740.720.96-0.990.250.960.860.960.810.850.80.97
0.860.790.990.820.890.950.920.04-0.910.960.390.940.930.810.590.89-0.880.520.890.990.920.950.520.850.85
0.910.830.990.880.910.970.950.02-0.90.980.430.970.950.870.670.91-0.90.470.911.00.950.980.520.90.87
0.990.710.820.880.740.920.9-0.3-0.730.920.720.90.831.00.890.74-0.750.180.740.870.810.930.240.990.68
0.820.960.890.910.740.850.90.35-0.880.910.160.860.990.760.611.0-0.980.511.00.930.990.880.770.820.98
0.930.750.950.970.920.850.97-0.04-0.910.940.491.00.910.90.680.85-0.820.460.850.950.890.990.360.920.8
0.920.780.920.950.90.90.970.08-0.950.940.470.970.960.890.650.9-0.850.570.90.940.910.970.410.910.83
-0.20.290.040.02-0.30.35-0.040.08-0.28-0.06-0.810.020.24-0.29-0.40.35-0.260.530.350.040.22-0.020.59-0.210.41
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0.960.870.960.980.920.910.940.94-0.06-0.840.510.930.950.920.780.91-0.920.360.910.990.960.970.540.950.87
0.640.120.390.430.720.160.490.47-0.81-0.260.510.430.280.710.660.16-0.18-0.080.160.410.250.48-0.350.650.04
0.920.770.940.970.90.861.00.970.02-0.920.930.430.920.880.670.86-0.830.470.860.950.90.990.40.910.82
0.890.920.930.950.830.990.910.960.24-0.920.950.280.920.830.650.99-0.960.530.990.960.980.940.660.880.95
0.990.740.810.871.00.760.90.89-0.29-0.710.920.710.880.830.910.76-0.770.160.760.860.820.920.280.990.69
0.890.720.590.670.890.610.680.65-0.4-0.390.780.660.670.650.910.61-0.69-0.240.610.680.690.730.330.90.59
0.820.960.890.910.741.00.850.90.35-0.880.910.160.860.990.760.61-0.980.511.00.930.990.880.770.820.98
-0.84-0.99-0.88-0.9-0.75-0.98-0.82-0.85-0.260.8-0.92-0.18-0.83-0.96-0.77-0.69-0.98-0.36-0.98-0.93-0.99-0.87-0.81-0.83-0.98
0.210.250.520.470.180.510.460.570.53-0.780.36-0.080.470.530.16-0.240.51-0.360.510.460.420.420.210.190.43
0.820.960.890.910.741.00.850.90.35-0.880.910.160.860.990.760.611.0-0.980.510.930.990.880.770.820.98
0.910.860.991.00.870.930.950.940.04-0.890.990.410.950.960.860.680.93-0.930.460.930.960.970.570.90.89
0.880.960.920.950.810.990.890.910.22-0.850.960.250.90.980.820.690.99-0.990.420.990.960.920.740.870.98
0.950.810.950.980.930.880.990.97-0.02-0.90.970.480.990.940.920.730.88-0.870.420.880.970.920.430.940.84
0.380.850.520.520.240.770.360.410.59-0.440.54-0.350.40.660.280.330.77-0.810.210.770.570.740.430.370.84
1.00.80.850.90.990.820.920.91-0.21-0.750.950.650.910.880.990.90.82-0.830.190.820.90.870.940.370.76
0.770.970.850.870.680.980.80.830.41-0.810.870.040.820.950.690.590.98-0.980.430.980.890.980.840.840.76
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Aeva Technologies, Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Aeva Stock Analysis

When running Aeva Technologies,'s price analysis, check to measure Aeva Technologies,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aeva Technologies, is operating at the current time. Most of Aeva Technologies,'s value examination focuses on studying past and present price action to predict the probability of Aeva Technologies,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeva Technologies,'s price. Additionally, you may evaluate how the addition of Aeva Technologies, to your portfolios can decrease your overall portfolio volatility.