Nature Cost Of Revenue vs Operating Income Analysis
| NWGL Stock | 1.41 0.01 0.70% |
Nature Wood financial indicator trend analysis is infinitely more than just investigating Nature Wood Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nature Wood Group is a good investment. Please check the relationship between Nature Wood Cost Of Revenue and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nature Wood Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Cost Of Revenue vs Operating Income
Cost Of Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nature Wood Group Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nature Wood's Cost Of Revenue and Operating Income is 0.96. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Nature Wood Group, assuming nothing else is changed. The correlation between historical values of Nature Wood's Cost Of Revenue and Operating Income 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 Nature Wood Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Nature Wood's Cost Of Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Nature Wood Group income statement and represents the costs associated with goods and services Nature Wood 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.Operating Income
Operating Income is the amount of profit realized from Nature Wood Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nature Wood Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Nature Wood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nature Wood Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nature Wood Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Nature Wood's Issuance Of Capital Stock is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.22 this year, although the value of Tax Provision is projected to rise to (40.7 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4M | 1.7M | 1.9M | 1.7M | Interest Income | 892.0 | 11.6K | 23.2K | 24.4K |
Nature Wood fundamental ratios Correlations
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Nature Wood Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Paper & Forest Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nature Wood. If investors know Nature will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nature Wood listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 1.82 | Quarterly Revenue Growth (0.49) | Return On Assets (0.08) | Return On Equity (0.78) |
The market value of Nature Wood Group is measured differently than its book value, which is the value of Nature that is recorded on the company's balance sheet. Investors also form their own opinion of Nature Wood's value that differs from its market value or its book value, called intrinsic value, which is Nature Wood's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nature Wood's market value can be influenced by many factors that don't directly affect Nature Wood's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nature Wood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nature Wood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nature Wood's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.