Reviva Research Development vs Operating Income Analysis

RVPHW Stock  USD 0.23  0.04  21.05%   
Reviva Pharmaceuticals financial indicator trend analysis is much more than just breaking down Reviva Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reviva Pharmaceuticals is a good investment. Please check the relationship between Reviva Pharmaceuticals Research Development and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reviva Pharmaceuticals Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reviva Pharmaceuticals Research Development account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Reviva Pharmaceuticals' Research Development and Operating Income is -1.0. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of Reviva Pharmaceuticals Holdings, assuming nothing else is changed. The correlation between historical values of Reviva Pharmaceuticals' Research Development 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 Research Development of Reviva Pharmaceuticals Holdings 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 Research Development i.e., Reviva Pharmaceuticals' Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Research Development

Operating Income

Operating Income is the amount of profit realized from Reviva Pharmaceuticals 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 Reviva Pharmaceuticals Holdings 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 Reviva Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reviva Pharmaceuticals 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 Reviva Pharmaceuticals Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Enterprise Value is likely to climb to about 104.2 M in 2024, whereas Tax Provision is likely to drop 9,973 in 2024.
 2021 2023 2024 (projected)
Depreciation And Amortization1.6M223.9K212.7K
Interest Income182.8K499.0K523.9K

Reviva Pharmaceuticals fundamental ratios Correlations

-0.470.030.260.950.9-0.47-0.99-0.720.71.0-0.96-0.471.00.910.87-0.47-0.980.840.30.960.91-0.471.0-0.910.95
-0.470.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
0.030.45-0.530.17-0.230.45-0.020.54-0.640.010.190.450.04-0.29-0.310.450.12-0.25-0.53-0.05-0.310.450.030.270.16
0.26-0.88-0.530.00.15-0.88-0.19-0.820.550.27-0.42-0.880.210.280.56-0.88-0.30.571.00.090.33-0.880.26-0.240.01
0.95-0.320.170.00.86-0.32-0.98-0.510.510.94-0.88-0.320.960.830.69-0.32-0.910.640.050.970.87-0.320.95-0.891.0
0.9-0.37-0.230.150.86-0.37-0.91-0.680.790.91-0.88-0.370.910.990.83-0.37-0.910.750.190.950.95-0.370.9-0.970.86
-0.471.00.45-0.88-0.32-0.370.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
-0.990.46-0.02-0.19-0.98-0.910.460.68-0.67-0.990.960.46-0.99-0.9-0.820.460.98-0.78-0.23-0.98-0.930.46-0.990.94-0.98
-0.720.860.54-0.82-0.51-0.680.860.68-0.87-0.730.840.86-0.69-0.76-0.890.860.77-0.86-0.85-0.62-0.80.86-0.720.74-0.52
0.7-0.54-0.640.550.510.79-0.54-0.67-0.870.71-0.82-0.540.690.830.92-0.54-0.80.880.580.670.79-0.540.7-0.770.53
1.0-0.480.010.270.940.91-0.48-0.99-0.730.71-0.97-0.481.00.920.88-0.48-0.980.850.310.960.92-0.481.0-0.920.95
-0.960.610.19-0.42-0.88-0.880.610.960.84-0.82-0.970.61-0.96-0.9-0.930.610.99-0.9-0.47-0.91-0.930.61-0.960.92-0.89
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.61-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
1.0-0.430.040.210.960.91-0.43-0.99-0.690.691.0-0.96-0.430.910.86-0.43-0.980.830.260.960.9-0.431.0-0.910.96
0.91-0.46-0.290.280.830.99-0.46-0.9-0.760.830.92-0.9-0.460.910.87-0.46-0.910.80.320.930.96-0.460.91-0.970.83
0.87-0.57-0.310.560.690.83-0.57-0.82-0.890.920.88-0.93-0.570.860.87-0.57-0.920.990.60.770.83-0.570.87-0.80.7
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.570.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
-0.980.490.12-0.3-0.91-0.910.490.980.77-0.8-0.980.990.49-0.98-0.91-0.920.49-0.89-0.35-0.94-0.920.49-0.980.92-0.92
0.84-0.54-0.250.570.640.75-0.54-0.78-0.860.880.85-0.9-0.540.830.80.99-0.54-0.890.610.70.75-0.540.84-0.720.65
0.3-0.89-0.531.00.050.19-0.89-0.23-0.850.580.31-0.47-0.890.260.320.6-0.89-0.350.610.140.37-0.890.3-0.280.06
0.96-0.39-0.050.090.970.95-0.39-0.98-0.620.670.96-0.91-0.390.960.930.77-0.39-0.940.70.140.95-0.390.96-0.970.97
0.91-0.61-0.310.330.870.95-0.61-0.93-0.80.790.92-0.93-0.610.90.960.83-0.61-0.920.750.370.95-0.610.91-0.990.87
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.61-0.470.52-0.33
1.0-0.470.030.260.950.9-0.47-0.99-0.720.71.0-0.96-0.471.00.910.87-0.47-0.980.840.30.960.91-0.47-0.910.95
-0.910.520.27-0.24-0.89-0.970.520.940.74-0.77-0.920.920.52-0.91-0.97-0.80.520.92-0.72-0.28-0.97-0.990.52-0.91-0.9
0.95-0.330.160.011.00.86-0.33-0.98-0.520.530.95-0.89-0.330.960.830.7-0.33-0.920.650.060.970.87-0.330.95-0.9
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Reviva Pharmaceuticals Account Relationship Matchups

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