GDEV Cost Of Revenue vs Total Revenue Analysis

GDEV Stock  USD 23.50  0.36  1.56%   
GDEV financial indicator trend analysis is much more than just examining GDEV Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GDEV Inc is a good investment. Please check the relationship between GDEV Cost Of Revenue and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDEV 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 income.

Cost Of Revenue vs Total Revenue

Cost Of Revenue vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDEV Inc Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between GDEV's Cost Of Revenue and Total Revenue is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of GDEV Inc, assuming nothing else is changed. The correlation between historical values of GDEV's Cost Of Revenue 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 Cost Of Revenue of GDEV Inc 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 Cost Of Revenue i.e., GDEV's Cost Of Revenue and Total Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on GDEV Inc income statement and represents the costs associated with goods and services GDEV 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.

Total Revenue

Total revenue comprises all receipts GDEV Inc 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 GDEV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GDEV 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDEV 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 income.
At this time, GDEV's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 6.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income6.9M801K1.5M2.5M
Tax Provision1.1M3.8M2.0M1.7M

GDEV fundamental ratios Correlations

-0.91-0.931.0-0.940.99-0.990.96-0.92-0.970.790.920.990.480.331.00.98-0.970.740.990.890.570.71.00.981.0
-0.910.99-0.930.91-0.860.91-0.780.890.84-0.55-0.9-0.95-0.63-0.48-0.89-0.830.97-0.6-0.91-0.74-0.6-0.7-0.92-0.92-0.88
-0.930.99-0.950.95-0.90.93-0.820.950.87-0.55-0.95-0.96-0.54-0.52-0.92-0.860.98-0.56-0.94-0.79-0.56-0.66-0.95-0.95-0.91
1.0-0.93-0.95-0.960.98-0.990.94-0.93-0.970.760.941.00.480.380.990.97-0.970.710.990.90.590.711.00.980.99
-0.940.910.95-0.96-0.930.95-0.860.970.94-0.65-0.97-0.97-0.34-0.61-0.93-0.880.92-0.51-0.98-0.93-0.63-0.72-0.97-0.94-0.92
0.99-0.86-0.90.98-0.93-0.980.98-0.91-0.970.80.910.970.420.321.00.99-0.940.720.980.90.530.650.980.981.0
-0.990.910.93-0.990.95-0.98-0.940.920.99-0.79-0.93-0.99-0.44-0.33-0.99-0.970.96-0.75-0.99-0.91-0.58-0.71-1.0-0.97-0.98
0.96-0.78-0.820.94-0.860.98-0.94-0.87-0.940.790.870.910.330.180.980.98-0.90.750.940.840.380.510.940.960.98
-0.920.890.95-0.930.97-0.910.92-0.870.89-0.53-1.0-0.93-0.25-0.59-0.91-0.850.93-0.45-0.95-0.86-0.44-0.54-0.94-0.95-0.9
-0.970.840.87-0.970.94-0.970.99-0.940.89-0.84-0.91-0.97-0.36-0.31-0.97-0.970.91-0.74-0.98-0.94-0.59-0.72-0.98-0.94-0.97
0.79-0.55-0.550.76-0.650.8-0.790.79-0.53-0.840.540.750.43-0.030.790.85-0.640.840.750.810.670.760.760.670.8
0.92-0.9-0.950.94-0.970.91-0.930.87-1.0-0.910.540.940.250.540.910.86-0.930.490.960.850.420.540.950.960.9
0.99-0.95-0.961.0-0.970.97-0.990.91-0.93-0.970.750.940.50.430.980.95-0.970.690.990.90.640.751.00.970.97
0.48-0.63-0.540.48-0.340.42-0.440.33-0.25-0.360.430.250.50.00.460.45-0.560.590.390.210.620.630.450.420.47
0.33-0.48-0.520.38-0.610.32-0.330.18-0.59-0.31-0.030.540.430.00.30.18-0.36-0.350.430.50.480.40.40.370.28
1.0-0.89-0.920.99-0.931.0-0.990.98-0.91-0.970.790.910.980.460.30.99-0.960.750.980.880.530.650.990.981.0
0.98-0.83-0.860.97-0.880.99-0.970.98-0.85-0.970.850.860.950.450.180.99-0.930.820.960.870.510.650.970.960.99
-0.970.970.98-0.970.92-0.940.96-0.90.930.91-0.64-0.93-0.97-0.56-0.36-0.96-0.93-0.69-0.95-0.78-0.5-0.63-0.97-0.98-0.96
0.74-0.6-0.560.71-0.510.72-0.750.75-0.45-0.740.840.490.690.59-0.350.750.82-0.690.670.540.390.560.70.660.76
0.99-0.91-0.940.99-0.980.98-0.990.94-0.95-0.980.750.960.990.390.430.980.96-0.950.670.930.580.71.00.980.98
0.89-0.74-0.790.9-0.930.9-0.910.84-0.86-0.940.810.850.90.210.50.880.87-0.780.540.930.690.770.910.840.88
0.57-0.6-0.560.59-0.630.53-0.580.38-0.44-0.590.670.420.640.620.480.530.51-0.50.390.580.690.970.590.450.53
0.7-0.7-0.660.71-0.720.65-0.710.51-0.54-0.720.760.540.750.630.40.650.65-0.630.560.70.770.970.710.570.66
1.0-0.92-0.951.0-0.970.98-1.00.94-0.94-0.980.760.951.00.450.40.990.97-0.970.71.00.910.590.710.980.99
0.98-0.92-0.950.98-0.940.98-0.970.96-0.95-0.940.670.960.970.420.370.980.96-0.980.660.980.840.450.570.980.98
1.0-0.88-0.910.99-0.921.0-0.980.98-0.9-0.970.80.90.970.470.281.00.99-0.960.760.980.880.530.660.990.98
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GDEV Account Relationship Matchups

Thematic Opportunities

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Additional Tools for GDEV Stock Analysis

When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.