Technology Ebitda vs Cost Of Revenue Analysis
TM1 Stock | 0.20 0.05 20.00% |
Technology Minerals financial indicator trend analysis is much more than just breaking down Technology Minerals PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology Minerals PLC is a good investment. Please check the relationship between Technology Minerals Ebitda and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Minerals PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Ebitda vs Cost Of Revenue
Ebitda vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Minerals PLC Ebitda account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Technology Minerals' Ebitda and Cost Of Revenue is 0.94. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Technology Minerals PLC, assuming nothing else is changed. The correlation between historical values of Technology Minerals' Ebitda 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 Ebitda of Technology Minerals PLC 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 Ebitda i.e., Technology Minerals' Ebitda and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Cost Of Revenue
Cost of Revenue is found on Technology Minerals PLC income statement and represents the costs associated with goods and services Technology Minerals 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 Technology Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology Minerals PLC 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 Technology Minerals PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Issuance Of Capital Stock is expected to grow to about 1.5 M, whereas Selling General Administrative is forecasted to decline to about 2.1 M.
2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.7M | 3.9M | 4.4M | 3.1M | Cost Of Revenue | 3K | 1K | 900.0 | 1.6K |
Technology Minerals fundamental ratios Correlations
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Technology Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Technology Minerals PLC at a specified time, usually calculated after every quarter, six months, or one year. Technology Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Technology Minerals 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 Technology currently owns. An asset can also be divided into two categories, current and non-current.