CUTR Stock | | | USD 0.41 0.03 6.82% |
Cutera financial indicator trend analysis is way more than just evaluating Cutera Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cutera Inc is a good investment. Please check the relationship between Cutera Cost Of Revenue and its Ebit Per Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cutera Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Cost Of Revenue vs Ebit Per Revenue
Cost Of Revenue vs Ebit Per Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cutera Inc Cost Of Revenue account and
Ebit Per Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Cutera's Cost Of Revenue and Ebit Per Revenue is -0.81. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Cutera Inc, assuming nothing else is changed. The correlation between historical values of Cutera's Cost Of Revenue and Ebit Per 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 Cost Of Revenue of Cutera Inc are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Cost Of Revenue i.e., Cutera's Cost Of Revenue and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Cutera Inc income statement and represents the costs associated with goods and services Cutera 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.
Ebit Per Revenue
Most indicators from Cutera's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cutera Inc 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 Cutera Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Cutera's
Selling General Administrative is relatively stable compared to the past year. As of 12/04/2024,
Tax Provision is likely to grow to about 1.6
M, while
Sales General And Administrative To Revenue is likely to drop 0.26.
Cutera fundamental ratios Correlations
Click cells to compare fundamentals
Cutera Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cutera fundamental ratios Accounts
Additional Tools for Cutera Stock Analysis
When running Cutera's price analysis, check to
measure Cutera'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 Cutera is operating at the current time. Most of Cutera's value examination focuses on studying past and present price action to
predict the probability of Cutera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cutera's price. Additionally, you may evaluate how the addition of Cutera to your portfolios can decrease your overall portfolio volatility.