HYZON Cost Of Revenue vs Net Income From Continuing Ops Analysis

HYZNW Stock  USD 0.02  0.0001  0.56%   
HYZON Motors financial indicator trend analysis is much more than just examining HYZON Motors latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HYZON Motors is a good investment. Please check the relationship between HYZON Motors Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HYZON Motors. 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.
For more information on how to buy HYZON Stock please use our How to Invest in HYZON Motors guide.

Cost Of Revenue vs Net Income From Continuing Ops

Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HYZON Motors Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between HYZON Motors' Cost Of Revenue and Net Income From Continuing Ops is -0.58. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of HYZON Motors, assuming nothing else is changed. The correlation between historical values of HYZON Motors' Cost Of Revenue and Net Income From Continuing Ops 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 HYZON Motors are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., HYZON Motors' Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cost Of Revenue

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

Net Income From Continuing Ops

Most indicators from HYZON Motors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HYZON Motors 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 HYZON Motors. 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.
For more information on how to buy HYZON Stock please use our How to Invest in HYZON Motors guide.Selling General Administrative is likely to drop to about 90.3 M in 2024. Tax Provision is likely to climb to about (467.4 K) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense5.2M2.3M2.7M2.8M
Depreciation And Amortization236.6K3.7M4.0M2.2M

HYZON Motors fundamental ratios Correlations

0.970.690.861.0-0.87-0.450.880.880.810.990.830.940.971.00.780.29-0.310.92-0.310.840.84-0.310.8-0.310.28
0.970.820.960.97-0.78-0.620.80.950.880.940.930.990.930.960.890.37-0.420.98-0.420.850.81-0.420.85-0.420.46
0.690.820.920.7-0.4-0.920.450.880.830.610.870.860.630.650.930.3-0.790.9-0.790.690.52-0.790.8-0.790.78
0.860.960.920.87-0.59-0.730.620.980.930.80.940.980.80.830.980.34-0.50.98-0.50.770.76-0.50.89-0.50.61
1.00.970.70.87-0.83-0.440.840.90.850.980.830.930.950.990.80.29-0.30.93-0.30.80.88-0.30.84-0.30.25
-0.87-0.78-0.4-0.59-0.830.3-1.0-0.56-0.42-0.91-0.6-0.75-0.95-0.89-0.44-0.230.2-0.650.2-0.9-0.540.2-0.40.2-0.2
-0.45-0.62-0.92-0.73-0.440.3-0.34-0.63-0.54-0.39-0.72-0.69-0.46-0.42-0.73-0.260.91-0.690.91-0.66-0.150.91-0.50.91-0.94
0.880.80.450.620.84-1.0-0.340.580.450.920.620.770.960.910.470.24-0.260.68-0.260.920.55-0.260.43-0.260.23
0.880.950.880.980.9-0.56-0.630.580.980.810.910.950.780.850.980.3-0.420.99-0.420.680.86-0.420.95-0.420.47
0.810.880.830.930.85-0.42-0.540.450.980.740.850.870.680.780.950.29-0.350.94-0.350.520.89-0.350.99-0.350.35
0.990.940.610.80.98-0.91-0.390.920.810.740.770.890.981.00.690.28-0.270.87-0.270.850.81-0.270.73-0.270.21
0.830.930.870.940.83-0.6-0.720.620.910.850.770.930.780.80.910.62-0.510.91-0.510.750.68-0.510.8-0.510.59
0.940.990.860.980.93-0.75-0.690.770.950.870.890.930.910.920.920.32-0.470.98-0.470.870.76-0.470.83-0.470.57
0.970.930.630.80.95-0.95-0.460.960.780.680.980.780.910.980.680.28-0.330.85-0.330.930.72-0.330.65-0.330.32
1.00.960.650.830.99-0.89-0.420.910.850.781.00.80.920.980.740.28-0.290.89-0.290.850.83-0.290.77-0.290.24
0.780.890.930.980.8-0.44-0.730.470.980.950.690.910.920.680.740.31-0.490.95-0.490.650.75-0.490.91-0.490.62
0.290.370.30.340.29-0.23-0.260.240.30.290.280.620.320.280.280.31-0.190.28-0.190.240.2-0.190.24-0.190.16
-0.31-0.42-0.79-0.5-0.30.20.91-0.26-0.42-0.35-0.27-0.51-0.47-0.33-0.29-0.49-0.19-0.511.0-0.530.041.0-0.351.0-0.8
0.920.980.90.980.93-0.65-0.690.680.990.940.870.910.980.850.890.950.28-0.51-0.510.780.81-0.510.92-0.510.52
-0.31-0.42-0.79-0.5-0.30.20.91-0.26-0.42-0.35-0.27-0.51-0.47-0.33-0.29-0.49-0.191.0-0.51-0.530.041.0-0.351.0-0.8
0.840.850.690.770.8-0.9-0.660.920.680.520.850.750.870.930.850.650.24-0.530.78-0.530.45-0.530.48-0.530.6
0.840.810.520.760.88-0.54-0.150.550.860.890.810.680.760.720.830.750.20.040.810.040.450.040.90.04-0.04
-0.31-0.42-0.79-0.5-0.30.20.91-0.26-0.42-0.35-0.27-0.51-0.47-0.33-0.29-0.49-0.191.0-0.511.0-0.530.04-0.351.0-0.8
0.80.850.80.890.84-0.4-0.50.430.950.990.730.80.830.650.770.910.24-0.350.92-0.350.480.9-0.35-0.350.29
-0.31-0.42-0.79-0.5-0.30.20.91-0.26-0.42-0.35-0.27-0.51-0.47-0.33-0.29-0.49-0.191.0-0.511.0-0.530.041.0-0.35-0.8
0.280.460.780.610.25-0.2-0.940.230.470.350.210.590.570.320.240.620.16-0.80.52-0.80.6-0.04-0.80.29-0.8
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HYZON Motors Account Relationship Matchups

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