Wellnex Selling And Marketing Expenses vs Cost Of Revenue Analysis

WNX Stock   0.63  0.01  1.61%   
Wellnex Life financial indicator trend analysis is more than just analyzing Wellnex Life current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wellnex Life is a good investment. Please check the relationship between Wellnex Life Selling And Marketing Expenses and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wellnex Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling And Marketing Expenses vs Cost Of Revenue

Selling And Marketing Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wellnex Life Selling And Marketing Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wellnex Life's Selling And Marketing Expenses and Cost Of Revenue is 0.6. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Wellnex Life, assuming nothing else is changed. The correlation between historical values of Wellnex Life's Selling And Marketing Expenses 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 Selling And Marketing Expenses of Wellnex Life 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 Selling And Marketing Expenses i.e., Wellnex Life's Selling And Marketing Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling And Marketing Expenses

Cost Of Revenue

Cost of Revenue is found on Wellnex Life income statement and represents the costs associated with goods and services Wellnex Life 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 Wellnex Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wellnex Life 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wellnex Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 8.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 5.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses10.4M11.9M5.1M4.8M
Cost Of Revenue14.1M23.1M12.8M13.5M

Wellnex Life fundamental ratios Correlations

0.150.040.270.930.65-0.67-0.310.360.780.680.330.840.30.3-0.040.310.930.050.230.580.280.340.880.280.69
0.150.560.92-0.170.690.47-0.950.54-0.240.52-0.29-0.260.780.830.290.930.00.930.720.80.730.01-0.290.22-0.39
0.040.560.72-0.180.310.38-0.460.06-0.250.520.01-0.280.440.870.030.66-0.10.660.940.250.31-0.24-0.25-0.24-0.28
0.270.920.72-0.030.740.43-0.920.64-0.20.72-0.08-0.210.760.930.30.990.050.90.850.780.670.16-0.190.1-0.34
0.93-0.17-0.18-0.030.41-0.830.010.210.870.510.440.92-0.020.01-0.170.00.92-0.24-0.040.3-0.040.430.950.190.82
0.650.690.310.740.41-0.05-0.830.670.270.7-0.030.30.690.60.120.780.50.550.440.90.570.340.340.40.17
-0.670.470.380.43-0.83-0.05-0.350.24-0.970.03-0.24-0.960.350.330.170.41-0.840.480.340.040.25-0.04-0.840.0-0.98
-0.31-0.95-0.46-0.920.01-0.83-0.35-0.70.12-0.590.250.12-0.86-0.79-0.4-0.95-0.14-0.85-0.64-0.92-0.81-0.120.13-0.320.26
0.360.540.060.640.210.670.24-0.7-0.110.64-0.06-0.070.620.390.270.70.110.360.240.750.60.70.040.51-0.24
0.78-0.24-0.25-0.20.870.27-0.970.12-0.110.130.180.99-0.15-0.13-0.12-0.190.93-0.27-0.170.19-0.080.050.850.080.98
0.680.520.520.720.510.70.03-0.590.640.130.370.210.530.71-0.060.740.40.450.670.640.390.530.380.210.01
0.33-0.290.01-0.080.44-0.03-0.240.25-0.060.180.370.28-0.37-0.020.05-0.170.22-0.090.05-0.13-0.50.370.49-0.560.19
0.84-0.26-0.28-0.210.920.3-0.960.12-0.070.990.210.28-0.14-0.13-0.14-0.180.95-0.3-0.180.2-0.090.130.920.110.96
0.30.780.440.76-0.020.690.35-0.860.62-0.150.53-0.37-0.140.720.360.820.160.580.580.770.92-0.05-0.070.56-0.28
0.30.830.870.930.010.60.33-0.790.39-0.130.71-0.02-0.130.720.250.90.130.850.980.640.62-0.08-0.12-0.01-0.24
-0.040.290.030.3-0.170.120.17-0.40.27-0.12-0.060.05-0.140.360.250.250.00.40.170.340.42-0.22-0.18-0.26-0.19
0.310.930.660.990.00.780.41-0.950.7-0.190.74-0.17-0.180.820.90.250.090.850.80.830.740.2-0.150.26-0.32
0.930.0-0.10.050.920.5-0.84-0.140.110.930.40.220.950.160.130.00.09-0.080.050.420.160.110.90.220.86
0.050.930.660.9-0.240.550.48-0.850.36-0.270.45-0.09-0.30.580.850.40.85-0.080.780.650.53-0.09-0.36-0.15-0.4
0.230.720.940.85-0.040.440.34-0.640.24-0.170.670.05-0.180.580.980.170.80.050.780.460.48-0.14-0.15-0.15-0.26
0.580.80.250.780.30.90.04-0.920.750.190.64-0.130.20.770.640.340.830.420.650.460.780.280.190.410.03
0.280.730.310.67-0.040.570.25-0.810.6-0.080.39-0.5-0.090.920.620.420.740.160.530.480.78-0.09-0.120.57-0.21
0.340.01-0.240.160.430.34-0.04-0.120.70.050.530.370.13-0.05-0.08-0.220.20.11-0.09-0.140.28-0.090.280.260.0
0.88-0.29-0.25-0.190.950.34-0.840.130.040.850.380.490.92-0.07-0.12-0.18-0.150.9-0.36-0.150.19-0.120.280.160.84
0.280.22-0.240.10.190.40.0-0.320.510.080.21-0.560.110.56-0.01-0.260.260.22-0.15-0.150.410.570.260.160.01
0.69-0.39-0.28-0.340.820.17-0.980.26-0.240.980.010.190.96-0.28-0.24-0.19-0.320.86-0.4-0.260.03-0.210.00.840.01
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Wellnex Life Account Relationship Matchups

Wellnex Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.2M10.4M19.6M15.0M30.9M24.9M
Short Long Term Debt Total5.8M9.3M7.9M7.0M10.7M11.2M
Other Current Liab739K537K799K1.0M8.2M8.6M
Total Current Liabilities14.9M10.5M9.8M14.3M24.8M26.0M
Total Stockholder Equity18.6M(249K)4.4M594K6.1M11.8M
Net Debt4.7M1.5M4.7M6.6M9.8M10.3M
Retained Earnings(78.8M)(94.5M)(101.7M)(115.6M)(126.6M)(120.3M)
Accounts Payable9.9M805K5.7M6.4M4.3M3.7M
Cash1.1M7.8M3.2M322K903K857.9K
Non Current Assets Total16.0M604K5.8M3.7M21.0M22.1M
Non Currrent Assets Other107K(604K)(5.8M)120K108K113.4K
Cash And Short Term Investments1.1M7.8M3.2M322K903K857.9K
Net Receivables831K886K6.2M4.6M4.4M4.6M
Common Stock Shares Outstanding4.1M4.8M6.0M8.1M23.9M25.1M
Liabilities And Stockholders Equity19.2M10.4M19.6M15.0M30.9M24.9M
Other Current Assets342K493K168K3.4M980K862.1K
Total Liab16.4M10.7M15.3M14.4M24.9M26.1M
Total Current Assets3.3M9.8M13.8M11.4M9.9M16.3M
Short Term Debt4.3M9.2M2.5M6.9M10.7M11.2M
Intangible Assets487K8K455K2.5M20.8M21.9M
Inventory951K664K4.3M3.0M3.6M1.8M
Property Plant And Equipment Net20.7M125K311K201K74K70.3K
Long Term Debt Total1.5M103K5.4M52K59.8K56.8K
Non Current Liabilities Total1.5M124K5.4M150K86K81.7K
Cash And Equivalents1.1M7.8M3.2M322K289.8K275.3K
Other Liab7K21K59K98K112.7K118.3K
Net Tangible Assets21.7M(728K)(1.1M)(2.3M)(2.1M)(2.0M)
Other Assets4.7M107K0.0523K470.7K855.2K
Other Stockholder Equity(6.5M)2.5M3.5M3.7M1.00.95
Net Invested Capital27.2M8.9M11.9M7.4M6.6M6.3M
Short Long Term Debt4.1M9.2M2.4M6.8M7.8M4.3M
Net Working Capital(11.7M)(729K)4.0M(2.9M)(2.6M)(2.5M)
Property Plant Equipment14.2M125K311K201K180.9K171.9K

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