III Stock | | | 3,596 15.00 0.42% |
3I Group financial indicator trend analysis is way more than just evaluating 3I Group PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3I Group PLC is a good investment. Please check the relationship between 3I Group Gross Profit 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 3I Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
3I Group PLC Gross Profit account and
Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 3I Group's Gross Profit and Cost Of Revenue is 0.57. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of 3I Group PLC, assuming nothing else is changed. The correlation between historical values of 3I Group's Gross Profit 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 Gross Profit of 3I Group PLC 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 Gross Profit i.e., 3I Group's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of 3I Group PLC minus its cost of goods sold. It is profit before 3I Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Cost Of Revenue
Cost of Revenue is found on 3I Group PLC income statement and represents the costs associated with goods and services 3I Group 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 3I Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3I Group PLC 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 3I Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, 3I Group's
Tax Provision is projected to increase significantly based on the last few years of reporting.
3I Group fundamental ratios Correlations
Click cells to compare fundamentals
3I Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
3I Group fundamental ratios Accounts
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Other Information on Investing in III Stock
Balance Sheet is a snapshot of the
financial position of 3I Group PLC at a specified time, usually calculated after every quarter, six months, or one year. 3I Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3I Group 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 III currently owns. An asset can also be divided into two categories, current and non-current.