Odyssean Cost Of Revenue vs Income Before Tax Analysis
OIT Stock | 151.00 2.25 1.47% |
Odyssean Investment financial indicator trend analysis is much more than just breaking down Odyssean Investment Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Odyssean Investment Trust is a good investment. Please check the relationship between Odyssean Investment Cost Of Revenue and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssean Investment Trust. 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.
Cost Of Revenue vs Income Before Tax
Cost Of Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Odyssean Investment Trust Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between Odyssean Investment's Cost Of Revenue and Income Before Tax is 0.32. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Odyssean Investment Trust, assuming nothing else is changed. The correlation between historical values of Odyssean Investment's Cost Of Revenue and Income Before Tax 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 Odyssean Investment Trust are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Odyssean Investment's Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Odyssean Investment Trust income statement and represents the costs associated with goods and services Odyssean Investment 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Odyssean Investment income statement and is an important metric when analyzing Odyssean Investment Trust profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Odyssean Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Odyssean Investment Trust 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssean Investment Trust. 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. As of December 2, 2024, Selling General Administrative is expected to decline to about 719.3 K. In addition to that, Tax Provision is expected to decline to 7,260
Odyssean Investment fundamental ratios Correlations
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Odyssean Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Odyssean Investment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 82.3M | 125.1M | 161.0M | 182.9M | 189.2M | 151.4M | |
Other Current Liab | (2.2M) | (2.5M) | (3.1M) | (1.7M) | 1.4M | 1.5M | |
Total Current Liabilities | 2.2M | 2.1M | 3.1M | 1.7M | 3.0M | 2.3M | |
Total Stockholder Equity | 80.1M | 122.6M | 157.8M | 181.2M | 187.6M | 149.3M | |
Net Tangible Assets | 80.1M | 122.6M | 157.8M | 181.2M | 208.4M | 137.9M | |
Net Debt | (9.8M) | (15.7M) | (5.2M) | (1.4M) | (4.9M) | (5.2M) | |
Retained Earnings | 78.8M | 121.2M | 143.6M | 139.5M | 132.8M | 128.3M | |
Accounts Payable | 2.2M | 2.5M | 3.1M | 1.7M | 1.6M | 2.1M | |
Cash | 9.8M | 15.7M | 5.2M | 1.4M | 4.9M | 7.4M | |
Non Current Assets Total | 72.3M | 109.3M | 155.3M | 180.4M | 182.3M | 140.5M | |
Non Currrent Assets Other | (72.3M) | (109.3M) | (155.3M) | (180.4M) | (182.3M) | (191.4M) | |
Cash And Short Term Investments | 9.8M | 15.7M | 5.2M | 1.4M | 4.9M | 7.4M | |
Liabilities And Stockholders Equity | 82.3M | 125.1M | 161.0M | 182.9M | 189.2M | 151.4M | |
Other Current Assets | 187.0K | 143K | 420.0K | 1.1M | 1.9M | 2.0M | |
Other Stockholder Equity | 79.2M | 121.7M | 156.9M | 180.1M | 186.3M | 148.2M | |
Total Liab | 2.2M | 2.1M | 3.1M | 1.7M | 1.6M | 2.0M | |
Long Term Investments | 72.3M | 109.3M | 155.3M | 180.4M | 182.3M | 140.5M | |
Total Current Assets | 10.0M | 15.8M | 5.6M | 2.5M | 6.9M | 7.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Odyssean Stock
Balance Sheet is a snapshot of the financial position of Odyssean Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Odyssean Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Odyssean Investment 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 Odyssean currently owns. An asset can also be divided into two categories, current and non-current.