| EBM Stock | | | CAD 0.70 0.05 6.67% |
Eastwood Bio financial indicator trend analysis is much more than just examining Eastwood Bio Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastwood Bio Medical is a good investment. Please check the relationship between Eastwood Bio Total Operating Expenses and its Total Revenue accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastwood Bio Medical Canada. 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.
Total Operating Expenses vs Total Revenue
Total Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eastwood Bio Medical Total Operating Expenses account and
Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eastwood Bio's Total Operating Expenses and Total Revenue is 0.49. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Eastwood Bio Medical Canada, assuming nothing else is changed. The correlation between historical values of Eastwood Bio's Total Operating Expenses and Total 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 Total Operating Expenses of Eastwood Bio Medical Canada are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Operating Expenses i.e., Eastwood Bio's Total Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.49 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Total Revenue
Total revenue comprises all receipts Eastwood Bio Medical generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Eastwood Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastwood Bio 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastwood Bio Medical Canada. 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.
At this time, Eastwood Bio's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 85.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.75 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 902.7K | 440.5K | 506.6K | 439.0K | Total Revenue | 1.3M | 867.9K | 998.1K | 907.6K |
Eastwood Bio fundamental ratios Correlations
Click cells to compare fundamentals
Eastwood Bio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastwood Bio fundamental ratios Accounts
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Additional Tools for Eastwood Stock Analysis
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measure Eastwood Bio'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 Eastwood Bio is operating at the current time. Most of Eastwood Bio's value examination focuses on studying past and present price action to
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