| ZODIACLOTH | | | 120.27 3.69 3.17% |
Zodiac Clothing financial indicator trend analysis is more than just analyzing Zodiac Clothing current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zodiac Clothing is a good investment. Please check the relationship between Zodiac Clothing Income Before Tax and its Cost Of Revenue accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zodiac Clothing. 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.
Income Before Tax vs Cost Of Revenue
Income Before Tax vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zodiac Clothing Income Before Tax account and
Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zodiac Clothing's Income Before Tax and Cost Of Revenue is 0.47. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Zodiac Clothing, assuming nothing else is changed. The correlation between historical values of Zodiac Clothing's Income Before Tax 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 Income Before Tax of Zodiac Clothing 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 Income Before Tax i.e., Zodiac Clothing's Income Before Tax and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.47 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Zodiac Clothing income statement and is an important metric when analyzing Zodiac Clothing profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Cost Of Revenue
Cost of Revenue is found on Zodiac Clothing income statement and represents the costs associated with goods and services Zodiac Clothing 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 Zodiac Clothing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zodiac Clothing 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 Zodiac Clothing. 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.
The value of
Selling General Administrative is expected to slide to about 39.8
M. The value of
Tax Provision is estimated to slide to about 620.8
KZodiac Clothing fundamental ratios Correlations
Click cells to compare fundamentals
Zodiac Clothing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zodiac Clothing fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Zodiac Stock
Balance Sheet is a snapshot of the
financial position of Zodiac Clothing at a specified time, usually calculated after every quarter, six months, or one year. Zodiac Clothing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zodiac Clothing 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 Zodiac currently owns. An asset can also be divided into two categories, current and non-current.