Angel Cost Of Revenue vs Income Tax Expense Analysis
FINS Stock | USD 12.90 0.05 0.39% |
Angel Oak financial indicator trend analysis is way more than just evaluating Angel Oak Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel Oak Financial is a good investment. Please check the relationship between Angel Oak Cost Of Revenue and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. 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.
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 Angel Oak Financial Cost Of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Angel Oak's Cost Of Revenue and Income Tax Expense is 0.57. 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 Angel Oak Financial, assuming nothing else is changed. The correlation between historical values of Angel Oak'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 Angel Oak Financial 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., Angel Oak's Cost Of Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Angel Oak Financial income statement and represents the costs associated with goods and services Angel Oak 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 Angel Oak's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel Oak Financial 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 Angel Oak Financial. 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, Angel Oak's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 901.4 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 20.1M | 25.9M | 27.6M | 21.9M | Net Interest Income | 16.9M | 21.0M | 21.5M | 18.0M |
Angel Oak fundamental ratios Correlations
Click cells to compare fundamentals
Angel Oak Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Angel Stock Analysis
When running Angel Oak's price analysis, check to measure Angel Oak'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 Angel Oak is operating at the current time. Most of Angel Oak's value examination focuses on studying past and present price action to predict the probability of Angel Oak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angel Oak's price. Additionally, you may evaluate how the addition of Angel Oak to your portfolios can decrease your overall portfolio volatility.