OneMedNet Interest Income vs Cost Of Revenue Analysis
ONMDW Stock | 0.04 0.02 150.62% |
OneMedNet Corp financial indicator trend analysis is much more than just breaking down OneMedNet Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMedNet Corp is a good investment. Please check the relationship between OneMedNet Corp Interest Income and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.
Interest Income vs Cost Of Revenue
Interest Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMedNet Corp Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between OneMedNet Corp's Interest Income and Cost Of Revenue is -0.51. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of OneMedNet Corp, assuming nothing else is changed. The correlation between historical values of OneMedNet Corp's Interest Income 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 Interest Income of OneMedNet Corp 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 Interest Income i.e., OneMedNet Corp's Interest Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Cost Of Revenue
Cost of Revenue is found on OneMedNet Corp income statement and represents the costs associated with goods and services OneMedNet Corp 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 OneMedNet Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMedNet Corp 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 OneMedNet Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.Sales General And Administrative To Revenue is likely to climb to 5.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.
2023 | 2024 (projected) | Depreciation And Amortization | 28.0K | 22.3K | Interest Income | 174.2K | 154.8K |
OneMedNet Corp fundamental ratios Correlations
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OneMedNet Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running OneMedNet Corp's price analysis, check to measure OneMedNet Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OneMedNet Corp is operating at the current time. Most of OneMedNet Corp's value examination focuses on studying past and present price action to predict the probability of OneMedNet Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OneMedNet Corp's price. Additionally, you may evaluate how the addition of OneMedNet Corp to your portfolios can decrease your overall portfolio volatility.