Ageagle Cost Of Revenue vs Net Income From Continuing Ops Analysis
UAVS Stock | USD 8.70 2.58 42.16% |
Ageagle Aerial financial indicator trend analysis is way more than just evaluating Ageagle Aerial Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ageagle Aerial Systems is a good investment. Please check the relationship between Ageagle Aerial Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ageagle Aerial Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Cost Of Revenue vs Net Income From Continuing Ops
Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ageagle Aerial Systems Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Ageagle Aerial's Cost Of Revenue and Net Income From Continuing Ops is -0.8. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Ageagle Aerial Systems, assuming nothing else is changed. The correlation between historical values of Ageagle Aerial's Cost Of Revenue and Net Income From Continuing Ops 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 Ageagle Aerial Systems are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., Ageagle Aerial's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Ageagle Aerial Systems income statement and represents the costs associated with goods and services Ageagle Aerial 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.Net Income From Continuing Ops
Most indicators from Ageagle Aerial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ageagle Aerial Systems 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 Ageagle Aerial Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, Ageagle Aerial's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.98 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 27.7M | 41.7M | 52.9M | 55.5M | Total Revenue | 9.8M | 19.1M | 13.7M | 14.4M |
Ageagle Aerial fundamental ratios Correlations
Click cells to compare fundamentals
Ageagle Aerial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Ageagle Stock Analysis
When running Ageagle Aerial's price analysis, check to measure Ageagle Aerial's 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 Ageagle Aerial is operating at the current time. Most of Ageagle Aerial's value examination focuses on studying past and present price action to predict the probability of Ageagle Aerial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ageagle Aerial's price. Additionally, you may evaluate how the addition of Ageagle Aerial to your portfolios can decrease your overall portfolio volatility.