Collective Cost Of Revenue vs Income Tax Expense Analysis
CNL Stock | 4.10 0.04 0.97% |
Collective Mining financial indicator trend analysis is way more than just evaluating Collective Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Collective Mining is a good investment. Please check the relationship between Collective Mining Cost Of Revenue and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Collective Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. For more information on how to buy Collective Stock please use our How to buy in Collective Stock guide.
Cost Of Revenue vs Income Tax Expense
Cost Of Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Collective Mining Cost Of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Collective Mining's Cost Of Revenue and Income Tax Expense is 0.63. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Collective Mining, assuming nothing else is changed. The correlation between historical values of Collective Mining's Cost Of Revenue and Income Tax Expense 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 Collective Mining are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cost Of Revenue i.e., Collective Mining's Cost Of Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Collective Mining income statement and represents the costs associated with goods and services Collective Mining 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.Income Tax Expense
Most indicators from Collective Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Collective Mining 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 Collective Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. For more information on how to buy Collective Stock please use our How to buy in Collective Stock guide.The value of Selling General Administrative is expected to slide to about 2.9 M. The value of Issuance Of Capital Stock is estimated to slide to about 12.4 M
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 10.2M | 16.4M | 19.4M | 18.4M | Cost Of Revenue | 6.6K | 8.8K | 22.4K | 21.3K |
Collective Mining fundamental ratios Correlations
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Collective Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Collective Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.5B | 2.3M | 17.3M | 10.1M | 17.0M | 16.1M | |
Short Long Term Debt Total | 70.5M | 226.3K | 121.7K | 76.6K | 119.7K | 113.7K | |
Other Current Liab | 240.6M | 218.2K | 1.6M | 3.1M | 4.1M | 4.3M | |
Total Current Liabilities | 511.3M | 346.2K | 1.6M | 3.2M | 4.2M | 4.0M | |
Total Stockholder Equity | 2.6B | 1.9M | 15.6M | 6.9M | 12.7M | 12.1M | |
Property Plant And Equipment Net | 4.6B | 165.8K | 343.7K | 493.6K | 656.2K | 623.4K | |
Net Debt | (45.8M) | (1.5M) | (16.2M) | (8.4M) | (14.0M) | (13.3M) | |
Cash | 116.3M | 1.7M | 16.3M | 8.5M | 14.2M | 13.5M | |
Non Current Assets Total | 6.8B | 173.4K | 565.8K | 1.3M | 2.5M | 2.3M | |
Non Currrent Assets Other | 502.1M | 549.9M | 222.1K | 802.4K | 1.8M | 1.7M | |
Cash And Short Term Investments | 422.9M | 1.7M | 16.3M | 8.5M | 14.2M | 13.5M | |
Net Receivables | 83.6M | 8.8K | 20.9K | 42.8K | 18.3K | 17.4K | |
Liabilities And Stockholders Equity | 7.5B | 2.3M | 17.3M | 10.1M | 17.0M | 16.1M | |
Non Current Liabilities Total | 710.1M | 98.3K | 65.9K | 45.1K | 86.8K | 82.4K | |
Other Current Assets | 12.7M | 438.0K | 370.5K | 297.5K | 328.8K | 345.2K | |
Other Stockholder Equity | 2.6B | 542.7K | 9.4M | 11.6M | 14.2M | 13.5M | |
Total Liab | 4.8B | 444.5K | 1.7M | 3.2M | 4.2M | 4.0M | |
Total Current Assets | 638.1M | 2.2M | 16.7M | 8.8M | 14.5M | 13.8M | |
Short Term Debt | 44.7M | 128.0K | 55.7K | 31.5K | 32.9K | 31.3K |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Collective Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. For more information on how to buy Collective Stock please use our How to buy in Collective Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Precious Metals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Collective Mining. If investors know Collective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Collective Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Collective Mining is measured differently than its book value, which is the value of Collective that is recorded on the company's balance sheet. Investors also form their own opinion of Collective Mining's value that differs from its market value or its book value, called intrinsic value, which is Collective Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Collective Mining's market value can be influenced by many factors that don't directly affect Collective Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Collective Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Collective Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Collective Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.