Hexa Depreciation And Amortization vs Cost Of Revenue Analysis

HEXATRADEX   306.60  1.15  0.38%   
Hexa Tradex financial indicator trend analysis is much more than just examining Hexa Tradex Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hexa Tradex Limited is a good investment. Please check the relationship between Hexa Tradex Depreciation And Amortization and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hexa Tradex Limited. 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.

Depreciation And Amortization vs Cost Of Revenue

Depreciation And Amortization vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hexa Tradex Limited Depreciation And Amortization account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hexa Tradex's Depreciation And Amortization and Cost Of Revenue is -0.07. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Hexa Tradex Limited, assuming nothing else is changed. The correlation between historical values of Hexa Tradex's Depreciation And Amortization and Cost Of 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 Depreciation And Amortization of Hexa Tradex Limited are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Depreciation And Amortization i.e., Hexa Tradex's Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Cost Of Revenue

Cost of Revenue is found on Hexa Tradex Limited income statement and represents the costs associated with goods and services Hexa Tradex 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.
Most indicators from Hexa Tradex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hexa Tradex Limited 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 Hexa Tradex Limited. 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.
The current year's Selling General Administrative is expected to grow to about 8.4 M. The current year's Tax Provision is expected to grow to about 265.1 M

Hexa Tradex fundamental ratios Correlations

0.50.630.20.99-0.360.350.5-0.19-0.1-0.31.0-0.27-0.21-0.39-0.750.960.01-0.690.95-0.350.94-0.750.20.980.99
0.50.640.820.41-0.150.311.0-0.68-0.06-0.050.5-0.150.14-0.250.10.710.01-0.120.74-0.270.40.10.120.610.6
0.630.640.320.58-0.17-0.10.63-0.7-0.32-0.460.65-0.24-0.34-0.77-0.190.71-0.13-0.590.71-0.840.49-0.190.360.690.69
0.20.820.320.11-0.160.360.83-0.470.320.360.19-0.010.57-0.140.270.40.00.20.440.060.260.27-0.090.270.27
0.990.410.580.11-0.360.330.41-0.12-0.1-0.310.99-0.27-0.24-0.38-0.810.930.01-0.720.91-0.330.94-0.810.20.960.97
-0.36-0.15-0.17-0.16-0.36-0.59-0.20.020.170.15-0.36-0.150.080.080.45-0.330.010.31-0.330.08-0.40.45-0.12-0.25-0.28
0.350.31-0.10.360.33-0.590.330.110.110.220.330.520.270.21-0.280.370.160.010.380.360.4-0.28-0.120.30.32
0.51.00.630.830.41-0.20.33-0.67-0.06-0.050.5-0.140.14-0.240.090.710.02-0.120.74-0.260.390.090.120.60.59
-0.19-0.68-0.7-0.47-0.120.020.11-0.670.40.39-0.210.010.230.39-0.26-0.37-0.130.26-0.390.62-0.08-0.26-0.35-0.3-0.28
-0.1-0.06-0.320.32-0.10.170.11-0.060.40.9-0.120.030.87-0.030.06-0.11-0.110.36-0.090.52-0.010.06-0.33-0.12-0.12
-0.3-0.05-0.460.36-0.310.150.22-0.050.390.9-0.320.20.970.060.25-0.27-0.030.59-0.240.58-0.20.25-0.38-0.3-0.31
1.00.50.650.190.99-0.360.330.5-0.21-0.12-0.32-0.27-0.23-0.42-0.750.96-0.01-0.710.95-0.390.93-0.750.220.980.99
-0.27-0.15-0.24-0.01-0.27-0.150.52-0.140.010.030.2-0.270.170.080.16-0.26-0.070.26-0.260.16-0.210.16-0.06-0.28-0.27
-0.210.14-0.340.57-0.240.080.270.140.230.870.97-0.230.170.020.27-0.15-0.020.56-0.110.53-0.080.27-0.35-0.2-0.21
-0.39-0.25-0.77-0.14-0.380.080.21-0.240.39-0.030.06-0.420.080.020.22-0.390.360.43-0.390.81-0.320.22-0.28-0.41-0.42
-0.750.1-0.190.27-0.810.45-0.280.09-0.260.060.25-0.750.160.270.22-0.57-0.010.7-0.540.13-0.781.0-0.12-0.64-0.66
0.960.710.710.40.93-0.330.370.71-0.37-0.11-0.270.96-0.26-0.15-0.39-0.570.01-0.61.0-0.380.87-0.570.210.990.99
0.010.01-0.130.00.010.010.160.02-0.13-0.11-0.03-0.01-0.07-0.020.36-0.010.01-0.030.010.30.03-0.01-0.20.00.0
-0.69-0.12-0.590.2-0.720.310.01-0.120.260.360.59-0.710.260.560.430.7-0.6-0.03-0.580.57-0.620.7-0.68-0.65-0.67
0.950.740.710.440.91-0.330.380.74-0.39-0.09-0.240.95-0.26-0.11-0.39-0.541.00.01-0.58-0.360.86-0.540.20.980.98
-0.35-0.27-0.840.06-0.330.080.36-0.260.620.520.58-0.390.160.530.810.13-0.380.30.57-0.36-0.220.13-0.5-0.39-0.39
0.940.40.490.260.94-0.40.40.39-0.08-0.01-0.20.93-0.21-0.08-0.32-0.780.870.03-0.620.86-0.22-0.780.120.890.91
-0.750.1-0.190.27-0.810.45-0.280.09-0.260.060.25-0.750.160.270.221.0-0.57-0.010.7-0.540.13-0.78-0.12-0.64-0.66
0.20.120.36-0.090.2-0.12-0.120.12-0.35-0.33-0.380.22-0.06-0.35-0.28-0.120.21-0.2-0.680.2-0.50.12-0.120.220.22
0.980.610.690.270.96-0.250.30.6-0.3-0.12-0.30.98-0.28-0.2-0.41-0.640.990.0-0.650.98-0.390.89-0.640.221.0
0.990.60.690.270.97-0.280.320.59-0.28-0.12-0.310.99-0.27-0.21-0.42-0.660.990.0-0.670.98-0.390.91-0.660.221.0
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Hexa Tradex Account Relationship Matchups

Hexa Tradex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B15.0B34.3B33.6B47.5B49.8B
Short Long Term Debt Total13.7M405.7M5.0B5.9B455.2M432.5M
Other Current Liab65.3M62.4M94.8M102.2M80.7M54.8M
Total Current Liabilities65.3M62.4M474.3M1.0B80.7M76.7M
Total Stockholder Equity2.4B12.2B23.5B22.5B38.3B40.2B
Property Plant And Equipment Net28K115K37K12K3K2.9K
Net Debt13.3M34.4M5.0B5.9B455.0M432.2M
Retained Earnings(421.2M)(326.0M)(576.5M)(832.6M)(33.0M)(34.7M)
Cash392K1.0M5.7M4.6M229K217.6K
Non Current Assets Total2.5B15.0B34.2B33.3B47.2B49.5B
Non Currrent Assets Other234K262K85.9M167.5M344K326.8K
Cash And Short Term Investments392K1.0M5.7M13.7M229K217.6K
Liabilities And Stockholders Equity2.5B15.0B34.3B33.6B47.5B49.8B
Non Current Liabilities Total100.2M2.8B10.3B10.0B9.1B9.5B
Other Current Assets55.5M866K144.5M265.8M286.1M165.1M
Total Liab165.5M2.9B10.8B11.1B9.1B9.6B
Total Current Assets55.9M56.0M149.3M270.4M286.1M518.7M
Accumulated Other Comprehensive Income(64K)10.4B22.0B21.3B36.3B38.1B
Short Term Debt130M0.0370.3M928.5M1.1B1.1B
Other Liab86.6M2.8B5.7B5.1B5.9B6.1B
Net Tangible Assets2.4B12.2B23.5B22.5B25.9B27.2B
Other Assets266.9M86.0M1K440.5M396.4M416.2M
Property Plant Equipment26K63K37K12K13.8K13.1K
Long Term Debt13.7M35.4M4.7B4.9B455.2M432.5M
Long Term Debt Total13.7M35.4M4.7B4.9B5.7B6.0B
Net Invested Capital2.4B12.2B28.5B28.4B38.8B40.7B
Net Working Capital(9.4M)(6.4M)(325.0M)(775.7M)205.3M215.6M

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Other Information on Investing in Hexa Stock

Balance Sheet is a snapshot of the financial position of Hexa Tradex Limited at a specified time, usually calculated after every quarter, six months, or one year. Hexa Tradex Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hexa Tradex and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hexa currently owns. An asset can also be divided into two categories, current and non-current.