PSP Cost Of Revenue vs Gross Profit Analysis

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 DirectionPositive 
Relationship StrengthVery 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.
 2021 2022 2023 2024 (projected)
Interest Income264.9M319.6M367.5M385.9M
Tax Provision553.4M484.6M460.0M419.0M

PSP Projects fundamental ratios Correlations

0.670.650.990.990.80.970.980.180.730.920.99-0.210.980.430.180.830.730.910.750.770.710.830.830.810.57
0.670.980.70.630.610.540.7-0.110.980.850.670.130.610.18-0.270.890.310.870.510.940.250.90.890.960.26
0.650.980.690.60.630.510.7-0.040.960.830.650.160.60.14-0.370.90.310.850.410.920.240.910.910.940.29
0.990.70.690.960.810.920.980.110.750.90.98-0.150.950.370.060.860.730.910.690.80.690.850.860.820.5
0.990.630.60.960.770.990.970.240.690.910.98-0.270.990.490.30.780.720.890.790.740.720.780.780.780.63
0.80.610.630.810.770.730.870.510.560.770.790.30.81-0.02-0.110.790.50.730.450.630.380.780.790.610.69
0.970.540.510.920.990.730.940.280.620.860.96-0.320.980.50.410.70.690.840.80.670.70.690.70.710.66
0.980.70.70.980.970.870.940.260.730.910.98-0.070.970.340.090.850.670.90.670.80.620.840.850.80.6
0.18-0.11-0.040.110.240.510.280.26-0.140.180.140.150.32-0.030.180.120.120.070.07-0.120.070.110.13-0.10.82
0.730.980.960.750.690.560.620.73-0.140.870.72-0.070.670.33-0.160.890.370.90.60.960.350.90.890.980.29
0.920.850.830.90.910.770.860.910.180.870.92-0.110.920.360.060.940.660.990.730.840.620.940.940.930.58
0.990.670.650.980.980.790.960.980.140.720.92-0.170.970.390.180.820.720.910.710.770.690.810.820.810.53
-0.210.130.16-0.15-0.270.3-0.32-0.070.15-0.07-0.11-0.17-0.22-0.74-0.510.06-0.28-0.13-0.4-0.02-0.50.060.07-0.1-0.12
0.980.610.60.950.990.810.980.970.320.670.920.97-0.220.420.280.80.720.890.750.70.70.790.80.760.7
0.430.180.140.370.49-0.020.50.34-0.030.330.360.39-0.740.420.420.220.490.370.690.310.620.220.210.370.13
0.18-0.27-0.370.060.3-0.110.410.090.18-0.160.060.18-0.510.280.42-0.260.060.010.53-0.110.18-0.26-0.26-0.090.35
0.830.890.90.860.780.790.70.850.120.890.940.820.060.80.22-0.260.650.950.570.830.571.01.00.910.46
0.730.310.310.730.720.50.690.670.120.370.660.72-0.280.720.490.060.650.680.610.30.970.630.640.50.3
0.910.870.850.910.890.730.840.90.070.90.990.91-0.130.890.370.010.950.680.720.860.640.950.950.950.5
0.750.510.410.690.790.450.80.670.070.60.730.71-0.40.750.690.530.570.610.720.580.650.570.560.660.44
0.770.940.920.80.740.630.670.8-0.120.960.840.77-0.020.70.31-0.110.830.30.860.580.280.840.830.950.29
0.710.250.240.690.720.380.70.620.070.350.620.69-0.50.70.620.180.570.970.640.650.280.560.560.470.3
0.830.90.910.850.780.780.690.840.110.90.940.810.060.790.22-0.261.00.630.950.570.840.561.00.920.45
0.830.890.910.860.780.790.70.850.130.890.940.820.070.80.21-0.261.00.640.950.560.830.561.00.910.46
0.810.960.940.820.780.610.710.8-0.10.980.930.81-0.10.760.37-0.090.910.50.950.660.950.470.920.910.33
0.570.260.290.50.630.690.660.60.820.290.580.53-0.120.70.130.350.460.30.50.440.290.30.450.460.33
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PSP Projects Account Relationship Matchups

PSP Projects fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.6B9.9B12.7B17.7B20.4B10.9B
Short Long Term Debt Total798.4M838.7M996.6M1.4B4.6B4.8B
Other Current Liab177.1M347.9M648.9M940.8M2.4B2.6B
Total Current Liabilities5.0B4.5B5.6B9.2B10.8B5.6B
Total Stockholder Equity4.5B5.4B6.9B8.0B9.1B5.2B
Net Tangible Assets3.7B4.5B5.3B6.9B7.9B3.9B
Property Plant And Equipment Net1.1B1.6B2.1B2.6B3.2B1.6B
Current Deferred Revenue(758.0M)262.3M2.1B609.9M1.00.95
Net Debt385.1M(317.4M)116.6M508.7M3.4B3.6B
Retained Earnings2.7B3.6B5.1B6.2B7.3B7.7B
Accounts Payable2.2B2.6B2.6B3.7B4.2B2.4B
Cash413.2M1.2B880.0M941.1M1.1B976.4M
Non Current Assets Total2.6B3.0B4.5B4.8B5.1B3.1B
Non Currrent Assets Other944.9M1.0B874.7M1.1B1.2B1.3B
Other Assets1.0B1.1B989.4M10K11.5K10.9K
Long Term Debt40.4M27.8M171.8M380.6M417.0M437.8M
Cash And Short Term Investments2.0B2.3B2.0B5.4B2.3B2.6B
Net Receivables3.6B3.3B4.5B7.2B8.5B8.9B
Short Term Investments1.6B1.1B1.1B4.4B1.1B1.6B
Long Term Debt Total40.4M27.8M171.8M380.6M437.7M459.6M
Liabilities And Stockholders Equity9.6B9.9B12.7B17.7B20.4B10.9B
Non Current Liabilities Total44.4M35.7M187.0M402.0M443.6M465.8M
Inventory968.3M892.1M818.5M1.5B3.2B3.3B
Other Current Assets476.4M442.0M5.4B1.6B1.3B1.2B
Total Liab5.1B4.6B5.8B9.6B11.2B5.8B
Short Long Term Debt758.0M709.5M824.8M1.1B4.1B4.3B
Total Current Assets7.0B6.9B8.2B12.8B15.3B7.9B
Accumulated Other Comprehensive Income(640.7M)(903.4M)92.7M93.6M107.7M113.0M
Short Term Debt(1.1B)86.8M(766.6M)(2.5B)4.1B4.3B
Intangible Assets14.4M12.4M13.5M11.9M10.8M10.9M
Property Plant Equipment1.1B1.6B2.1B2.6B2.9B3.1B
Net Invested Capital5.3B6.1B7.9B9.5B13.7B7.8B
Net Working Capital2.0B2.4B2.6B3.6B4.5B2.8B

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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.