Ageagle Cost Of Revenue vs Operating Income 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 Operating Income 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 Operating Income

Cost Of Revenue vs Operating Income 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 Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ageagle Aerial's Cost Of Revenue and Operating Income is -0.58. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income 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 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 Cost Of Revenue of Ageagle Aerial Systems 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 Cost Of Revenue i.e., Ageagle Aerial's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

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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.

Operating Income

Operating Income is the amount of profit realized from Ageagle Aerial Systems 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 Ageagle Aerial Systems 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 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

Other Operating Expenses Total Revenue

Ageagle Aerial fundamental ratios Correlations

	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Term Debt	Common Stock	Total Assets	Other Current Liab	Cash	Cash And Short Term Investments	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Current Deferred Revenue	Inventory
Short Long Term Debt Total		0.28	0.05	0.88	-0.09	0.42	0.38	-0.4	0.12	0.88	0.33	0.08	0.39	0.07	-0.33	-0.3	-0.15	0.78	0.49	0.07	0.37	0.9	0.53	0.78	-0.27	-0.1
Total Current Liabilities	0.28		0.13	0.19	-0.58	0.32	-0.24	0.1	0.65	0.55	0.77	0.28	0.33	0.6	0.03	0.02	0.23	-0.11	0.32	-0.18	0.46	0.08	0.03	-0.1	0.38	0.43
Total Stockholder Equity	0.05	0.13		-0.2	0.12	0.58	0.0	0.05	0.27	0.31	-0.43	0.34	0.92	0.71	0.48	0.5	0.71	0.33	0.86	-0.15	0.76	0.29	0.41	0.33	0.66	0.33
Net Debt	0.88	0.19	-0.2		-0.15	0.38	0.41	-0.32	0.08	0.7	0.37	0.04	0.12	-0.18	-0.74	-0.71	-0.55	0.68	0.29	0.38	0.17	0.73	0.4	0.68	-0.31	-0.07
Retained Earnings	-0.09	-0.58	0.12	-0.15		-0.39	0.46	-0.47	-0.92	-0.14	-0.52	-0.54	0.03	-0.09	0.16	0.19	-0.14	0.32	0.06	0.24	-0.3	0.16	-0.06	0.31	-0.17	-0.82
Accounts Payable	0.42	0.32	0.58	0.38	-0.39		0.18	0.04	0.59	0.51	-0.06	0.69	0.68	0.36	-0.15	-0.12	0.23	0.53	0.72	-0.03	0.74	0.43	0.47	0.54	0.42	0.57
Common Stock Total Equity	0.38	-0.24	0.0	0.41	0.46	0.18		-0.49	-0.45	0.29	-0.24	0.2	0.11	-0.07	-0.29	-0.24	-0.37	0.61	0.23	0.1	0.16	0.49	-0.25	0.61	-0.12	-0.42
Common Stock Shares Outstanding	-0.4	0.1	0.05	-0.32	-0.47	0.04	-0.49		0.46	-0.31	-0.01	0.27	-0.08	0.1	0.08	0.04	0.18	-0.48	-0.14	0.11	0.01	-0.43	-0.17	-0.48	0.15	0.56
Other Stockholder Equity	0.12	0.65	0.27	0.08	-0.92	0.59	-0.45	0.46		0.27	0.38	0.64	0.33	0.38	0.02	0.0	0.4	-0.18	0.28	-0.29	0.57	-0.04	0.21	-0.17	0.41	0.91
Total Liab	0.88	0.55	0.31	0.7	-0.14	0.51	0.29	-0.31	0.27		0.35	0.13	0.65	0.49	-0.13	-0.1	0.08	0.67	0.71	-0.02	0.61	0.88	0.53	0.67	0.07	0.0
Short Term Debt	0.33	0.77	-0.43	0.37	-0.52	-0.06	-0.24	-0.01	0.38	0.35		-0.04	-0.21	0.0	-0.26	-0.28	-0.21	-0.14	-0.17	-0.07	-0.06	-0.03	-0.11	-0.14	-0.17	0.13
Common Stock	0.08	0.28	0.34	0.04	-0.54	0.69	0.2	0.27	0.64	0.13	-0.04		0.34	0.3	0.05	0.06	0.32	0.06	0.31	-0.34	0.62	0.01	-0.16	0.07	0.38	0.74
Total Assets	0.39	0.33	0.92	0.12	0.03	0.68	0.11	-0.08	0.33	0.65	-0.21	0.34		0.76	0.33	0.36	0.6	0.53	0.97	-0.13	0.85	0.58	0.54	0.53	0.56	0.28
Other Current Liab	0.07	0.6	0.71	-0.18	-0.09	0.36	-0.07	0.1	0.38	0.49	0.0	0.3	0.76		0.47	0.47	0.63	0.01	0.69	-0.21	0.73	0.24	0.16	0.01	0.68	0.31
Cash	-0.33	0.03	0.48	-0.74	0.16	-0.15	-0.29	0.08	0.02	-0.13	-0.26	0.05	0.33	0.47		1.0	0.89	-0.25	0.12	-0.67	0.2	-0.19	-0.05	-0.25	0.23	0.01
Cash And Short Term Investments	-0.3	0.02	0.5	-0.71	0.19	-0.12	-0.24	0.04	0.0	-0.1	-0.28	0.06	0.36	0.47	1.0		0.88	-0.19	0.15	-0.67	0.22	-0.14	-0.03	-0.19	0.22	-0.02
Total Current Assets	-0.15	0.23	0.71	-0.55	-0.14	0.23	-0.37	0.18	0.4	0.08	-0.21	0.32	0.6	0.63	0.89	0.88		-0.13	0.4	-0.63	0.56	-0.04	0.2	-0.13	0.44	0.38
Property Plant And Equipment Net	0.78	-0.11	0.33	0.68	0.32	0.53	0.61	-0.48	-0.18	0.67	-0.14	0.06	0.53	0.01	-0.25	-0.19	-0.13		0.64	0.15	0.35	0.86	0.52	1.0	-0.17	-0.29
Non Current Assets Total	0.49	0.32	0.86	0.29	0.06	0.72	0.23	-0.14	0.28	0.71	-0.17	0.31	0.97	0.69	0.12	0.15	0.4	0.64		0.03	0.82	0.67	0.56	0.65	0.52	0.22
Non Currrent Assets Other	0.07	-0.18	-0.15	0.38	0.24	-0.03	0.1	0.11	-0.29	-0.02	-0.07	-0.34	-0.13	-0.21	-0.67	-0.67	-0.63	0.15	0.03		-0.19	0.09	0.12	0.15	-0.02	-0.16
Net Receivables	0.37	0.46	0.76	0.17	-0.3	0.74	0.16	0.01	0.57	0.61	-0.06	0.62	0.85	0.73	0.2	0.22	0.56	0.35	0.82	-0.19		0.45	0.32	0.36	0.6	0.54
Non Current Liabilities Total	0.9	0.08	0.29	0.73	0.16	0.43	0.49	-0.43	-0.04	0.88	-0.03	0.01	0.58	0.24	-0.19	-0.14	-0.04	0.86	0.67	0.09	0.45		0.61	0.86	-0.13	-0.23
Other Current Assets	0.53	0.03	0.41	0.4	-0.06	0.47	-0.25	-0.17	0.21	0.53	-0.11	-0.16	0.54	0.16	-0.05	-0.03	0.2	0.52	0.56	0.12	0.32	0.61		0.53	0.01	0.07
Property Plant And Equipment Gross	0.78	-0.1	0.33	0.68	0.31	0.54	0.61	-0.48	-0.17	0.67	-0.14	0.07	0.53	0.01	-0.25	-0.19	-0.13	1.0	0.65	0.15	0.36	0.86	0.53		-0.17	-0.27
Current Deferred Revenue	-0.27	0.38	0.66	-0.31	-0.17	0.42	-0.12	0.15	0.41	0.07	-0.17	0.38	0.56	0.68	0.23	0.22	0.44	-0.17	0.52	-0.02	0.6	-0.13	0.01	-0.17		0.51
Inventory	-0.1	0.43	0.33	-0.07	-0.82	0.57	-0.42	0.56	0.91	0.0	0.13	0.74	0.28	0.31	0.01	-0.02	0.38	-0.29	0.22	-0.16	0.54	-0.23	0.07	-0.27	0.51

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Ageagle Cost Of Revenue vs Operating Income Analysis

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Operating Income

Ageagle Aerial fundamental ratios Correlations

Ageagle Aerial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.97	Total Assets
Total Assets	+ 0.92	Total Stockholder Equity
Inventory	+ 0.91	Other Stockholder Equity
Non Current Liabilities Total	+ 0.9	Short Long Term Debt Total

Other Stockholder Equity	- 0.92	Retained Earnings
Inventory	- 0.82	Retained Earnings
Cash	- 0.74	Net Debt
Cash And Short Term Investments	- 0.71	Net Debt
Non Currrent Assets Other	- 0.67	Cash And Short Term Investments
Non Currrent Assets Other	- 0.67	Cash