BKV Cost Of Revenue vs Gross Profit Analysis
BKV Stock | 21.76 0.15 0.69% |
BKV financial indicator trend analysis is way more than just evaluating BKV Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BKV Corporation is a good investment. Please check the relationship between BKV Cost Of Revenue and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BKV Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Cost Of Revenue vs Gross Profit
Cost Of Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BKV Corporation Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BKV's Cost Of Revenue and Gross Profit is 0.45. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of BKV Corporation, assuming nothing else is changed. The correlation between historical values of BKV's Cost Of Revenue and Gross Profit 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 BKV Corporation are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., BKV's Cost Of Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on BKV Corporation income statement and represents the costs associated with goods and services BKV 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of BKV Corporation minus its cost of goods sold. It is profit before BKV operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from BKV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BKV Corporation 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 BKV Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. Tax Provision is likely to drop to about 24.6 M in 2024. Selling General Administrative is likely to drop to about 214.1 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.1M | 37.2M | 77.0M | 80.9M | Interest Income | 8K | 1.1M | 3.1M | 3.3M |
BKV fundamental ratios Correlations
Click cells to compare fundamentals
BKV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for BKV Stock Analysis
When running BKV's price analysis, check to measure BKV'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 BKV is operating at the current time. Most of BKV's value examination focuses on studying past and present price action to predict the probability of BKV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BKV's price. Additionally, you may evaluate how the addition of BKV to your portfolios can decrease your overall portfolio volatility.