Scorpio Cost Of Revenue from 2010 to 2024

STNG Stock  USD 51.76  0.98  1.86%   
Scorpio Tankers' Cost Of Revenue is increasing over the last several years with slightly volatile swings. Cost Of Revenue is predicted to flatten to about 340.5 M. During the period from 2010 to 2024 Scorpio Tankers Cost Of Revenue regressed destribution of quarterly values had coefficient of variationof  54.58 and r-value of  0.84. View All Fundamentals
 
Cost Of Revenue  
First Reported
2007-12-31
Previous Quarter
133.1 M
Current Value
136.2 M
Quarterly Volatility
55.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scorpio Tankers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scorpio Tankers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 115.9 M, Interest Expense of 88.3 M or Selling General Administrative of 100.9 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0172 or PTB Ratio of 1.16. Scorpio financial statements analysis is a perfect complement when working with Scorpio Tankers Valuation or Volatility modules.
  
Check out the analysis of Scorpio Tankers Correlation against competitors.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.

Latest Scorpio Tankers' Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Scorpio Tankers over the last few years. Cost of Revenue is found on Scorpio Tankers income statement and represents the costs associated with goods and services Scorpio Tankers 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. It is Scorpio Tankers' Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Scorpio Tankers' overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Scorpio Cost Of Revenue Regression Statistics

Arithmetic Mean370,340,007
Geometric Mean260,879,938
Coefficient Of Variation54.58
Mean Deviation166,663,458
Median389,021,000
Standard Deviation202,143,049
Sample Variance40861.8T
Range615.7M
R-Value0.84
Mean Square Error12892.8T
R-Squared0.71
Significance0.000086
Slope38,006,509
Total Sum of Squares572065.4T

Scorpio Cost Of Revenue History

2024340.5 M
2023531.3 M
2022623.3 M
2021578.5 M
2020587.5 M
2019512.1 M
2018522 M

About Scorpio Tankers Financial Statements

Scorpio Tankers stakeholders use historical fundamental indicators, such as Scorpio Tankers' Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Scorpio Tankers investors may analyze each financial statement separately, they are all interrelated. For example, changes in Scorpio Tankers' assets and liabilities are reflected in the revenues and expenses on Scorpio Tankers' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Scorpio Tankers. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue531.3 M340.5 M

Currently Active Assets on Macroaxis

When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports:
Check out the analysis of Scorpio Tankers Correlation against competitors.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scorpio Tankers. If investors know Scorpio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scorpio Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.637
Dividend Share
1.55
Earnings Share
13.97
Revenue Per Share
27.856
Quarterly Revenue Growth
(0.08)
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.