THOMASCOTT | | | 356.39 16.19 4.76% |
Thomas Scott financial indicator trend analysis is much more than just breaking down Thomas Scott Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thomas Scott Limited is a good investment. Please check the relationship between Thomas Scott Depreciation And Amortization and its Cost Of Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Thomas Scott 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 nation.
Depreciation And Amortization vs Cost Of Revenue
Depreciation And Amortization vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Thomas Scott Limited Depreciation And Amortization account and
Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Thomas Scott's Depreciation And Amortization and Cost Of Revenue is 0.82. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Thomas Scott Limited, assuming nothing else is changed. The correlation between historical values of Thomas Scott's Depreciation And Amortization 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 Depreciation And Amortization of Thomas Scott Limited 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 Depreciation And Amortization i.e., Thomas Scott's Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Cost Of Revenue
Cost of Revenue is found on Thomas Scott Limited income statement and represents the costs associated with goods and services Thomas Scott 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 Thomas Scott's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thomas Scott 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Thomas Scott 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 nation.
At present, Thomas Scott's
Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
Thomas Scott fundamental ratios Correlations
Click cells to compare fundamentals
Thomas Scott Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thomas Scott fundamental ratios Accounts
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Other Information on Investing in Thomas Stock
Balance Sheet is a snapshot of the
financial position of Thomas Scott Limited at a specified time, usually calculated after every quarter, six months, or one year. Thomas Scott Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thomas Scott 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 Thomas currently owns. An asset can also be divided into two categories, current and non-current.