| TELO Stock | | | CAD 0.12 0.01 9.09% |
Telo Genomics financial indicator trend analysis is much more than just breaking down Telo Genomics Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telo Genomics Corp is a good investment. Please check the relationship between Telo Genomics Net Income and its Cost Of Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Telo Genomics 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 persons.
Net Income vs Cost Of Revenue
Net Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telo Genomics Corp Net Income account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Telo Genomics' Net Income and Cost Of Revenue is -0.54. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Telo Genomics Corp, assuming nothing else is changed. The correlation between historical values of Telo Genomics' Net 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 Net Income of Telo Genomics 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 Net Income i.e., Telo Genomics' Net Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.54 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Telo Genomics Corp financial statement analysis. It represents the amount of money remaining after all of Telo Genomics Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Cost Of Revenue
Cost of Revenue is found on Telo Genomics Corp income statement and represents the costs associated with goods and services Telo Genomics 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 Telo Genomics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telo Genomics 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Telo Genomics 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 persons.
Issuance Of Capital Stock is likely to climb to about 3.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.6
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Cost Of Revenue | 57.0K | 33.1K | 38.1K | 55.4K | Research Development | 1.1M | 1.4M | 1.6M | 834.8K |
Telo Genomics fundamental ratios Correlations
Click cells to compare fundamentals
Telo Genomics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telo Genomics fundamental ratios Accounts
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Additional Tools for Telo Stock Analysis
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measure Telo Genomics' 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 Telo Genomics is operating at the current time. Most of Telo Genomics' value examination focuses on studying past and present price action to
predict the probability of Telo Genomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telo Genomics' price. Additionally, you may evaluate how the addition of Telo Genomics to your portfolios can decrease your overall portfolio volatility.