PSPPROJECT | | | 653.35 0.50 0.08% |
PSP Projects financial indicator trend analysis is much more than just breaking down PSP Projects Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PSP Projects Limited is a good investment. Please check the relationship between PSP Projects Cost Of Revenue and its Gross Profit accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PSP Projects Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Cost Of Revenue vs Gross Profit
Cost Of Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PSP Projects Limited Cost Of Revenue account and
Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between PSP Projects' Cost Of Revenue and Gross Profit is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of PSP Projects Limited, assuming nothing else is changed. The correlation between historical values of PSP Projects' Cost Of Revenue and Gross Profit 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 PSP Projects Limited are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., PSP Projects' Cost Of Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on PSP Projects Limited income statement and represents the costs associated with goods and services PSP Projects 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.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of PSP Projects Limited minus its cost of goods sold. It is profit before PSP Projects 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.
Most indicators from PSP Projects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PSP Projects Limited 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 PSP Projects Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Selling General Administrative is expected to hike to about 1.9
B this year, although the value of
Tax Provision will most likely fall to nearly 419
M.
PSP Projects fundamental ratios Correlations
Click cells to compare fundamentals
PSP Projects Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PSP Projects fundamental ratios Accounts
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Other Information on Investing in PSP Stock
Balance Sheet is a snapshot of the
financial position of PSP Projects Limited at a specified time, usually calculated after every quarter, six months, or one year. PSP Projects Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PSP Projects 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 PSP currently owns. An asset can also be divided into two categories, current and non-current.