Advanced Total Other Income Expense Net vs Cost Of Revenue Analysis

000969 Stock   13.15  0.96  7.88%   
Advanced Technology financial indicator trend analysis is way more than just evaluating Advanced Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Technology is a good investment. Please check the relationship between Advanced Technology Total Other Income Expense Net and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Technology Materials. 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.

Total Other Income Expense Net vs Cost Of Revenue

Total Other Income Expense Net vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Technology Total Other Income Expense Net account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Advanced Technology's Total Other Income Expense Net and Cost Of Revenue is -0.68. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Advanced Technology Materials, assuming nothing else is changed. The correlation between historical values of Advanced Technology's Total Other Income Expense Net 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 Total Other Income Expense Net of Advanced Technology Materials 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 Total Other Income Expense Net i.e., Advanced Technology's Total Other Income Expense Net and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Total Other Income Expense Net

Cost Of Revenue

Cost of Revenue is found on Advanced Technology income statement and represents the costs associated with goods and services Advanced Technology 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 Advanced Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Technology Materials. 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.
As of November 23, 2024, Selling General Administrative is expected to decline to about 221.5 M. In addition to that, Tax Provision is expected to decline to about 19 M
 2021 2022 2023 2024 (projected)
Operating Income341.6M285.9M353.7M204.2M
Total Revenue6.3B7.4B8.2B8.6B

Advanced Technology fundamental ratios Correlations

0.420.910.970.570.920.680.380.520.62-0.640.690.090.980.750.970.90.110.670.64-0.59-0.02-0.660.090.550.65
0.420.370.40.350.36-0.03-0.360.320.41-0.240.110.670.450.310.420.430.180.15-0.13-0.260.32-0.070.41-0.10.07
0.910.370.910.540.840.670.370.460.53-0.450.66-0.120.930.710.850.73-0.280.790.69-0.75-0.01-0.790.220.570.76
0.970.40.910.440.90.70.430.490.48-0.570.720.050.930.670.940.83-0.020.790.73-0.68-0.07-0.780.150.60.76
0.570.350.540.440.490.08-0.230.80.89-0.330.090.160.630.770.610.740.130.26-0.06-0.460.6-0.190.45-0.190.0
0.920.360.840.90.490.620.280.450.68-0.660.590.130.90.750.920.850.090.590.54-0.51-0.04-0.560.150.420.58
0.68-0.030.670.70.080.620.880.020.13-0.590.97-0.280.660.310.610.47-0.020.660.86-0.44-0.49-0.75-0.410.870.76
0.38-0.360.370.43-0.230.280.88-0.17-0.23-0.320.84-0.480.33-0.020.290.12-0.060.540.85-0.29-0.59-0.66-0.620.890.66
0.520.320.460.490.80.450.02-0.170.69-0.020.060.050.520.730.520.590.060.50.09-0.620.75-0.350.53-0.120.13
0.620.410.530.480.890.680.13-0.230.69-0.490.130.310.670.790.670.80.270.18-0.08-0.30.47-0.090.38-0.2-0.01
-0.64-0.24-0.45-0.57-0.33-0.66-0.59-0.32-0.02-0.49-0.57-0.4-0.62-0.38-0.72-0.75-0.42-0.15-0.250.010.440.20.19-0.25-0.2
0.690.110.660.720.090.590.970.840.060.13-0.57-0.160.680.250.630.480.060.660.84-0.46-0.42-0.75-0.390.870.75
0.090.67-0.120.050.160.13-0.28-0.480.050.31-0.4-0.160.12-0.030.220.30.6-0.37-0.490.290.160.420.19-0.42-0.4
0.980.450.930.930.630.90.660.330.520.67-0.620.680.120.750.960.890.10.630.59-0.580.03-0.630.10.520.6
0.750.310.710.670.770.750.31-0.020.730.79-0.380.25-0.030.750.720.78-0.010.520.26-0.520.33-0.420.40.080.32
0.970.420.850.940.610.920.610.290.520.67-0.720.630.220.960.720.950.190.580.54-0.54-0.01-0.580.160.430.57
0.90.430.730.830.740.850.470.120.590.8-0.750.480.30.890.780.950.330.410.32-0.390.1-0.380.20.220.35
0.110.18-0.28-0.020.130.09-0.02-0.060.060.27-0.420.060.60.1-0.010.190.33-0.44-0.270.480.050.45-0.39-0.12-0.43
0.670.150.790.790.260.590.660.540.50.18-0.150.66-0.370.630.520.580.41-0.440.81-0.90.0-0.970.210.620.84
0.64-0.130.690.73-0.060.540.860.850.09-0.08-0.250.84-0.490.590.260.540.32-0.270.81-0.59-0.41-0.89-0.270.940.91
-0.59-0.26-0.75-0.68-0.46-0.51-0.44-0.29-0.62-0.30.01-0.460.29-0.58-0.52-0.54-0.390.48-0.9-0.59-0.270.87-0.42-0.4-0.7
-0.020.32-0.01-0.070.6-0.04-0.49-0.590.750.470.44-0.420.160.030.33-0.010.10.050.0-0.41-0.270.150.61-0.52-0.28
-0.66-0.07-0.79-0.78-0.19-0.56-0.75-0.66-0.35-0.090.2-0.750.42-0.63-0.42-0.58-0.380.45-0.97-0.890.870.15-0.09-0.74-0.91
0.090.410.220.150.450.15-0.41-0.620.530.380.19-0.390.190.10.40.160.2-0.390.21-0.27-0.420.61-0.09-0.520.07
0.55-0.10.570.6-0.190.420.870.89-0.12-0.2-0.250.87-0.420.520.080.430.22-0.120.620.94-0.4-0.52-0.74-0.520.8
0.650.070.760.760.00.580.760.660.13-0.01-0.20.75-0.40.60.320.570.35-0.430.840.91-0.7-0.28-0.910.070.8
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Advanced Technology Account Relationship Matchups

Advanced Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B9.3B10.1B10.9B11.4B6.9B
Other Current Liab599.1M385.4M539.9M782.5M120.9M114.8M
Total Current Liabilities3.7B3.5B3.5B3.9B3.9B2.3B
Total Stockholder Equity4.5B4.6B4.7B5.0B5.1B3.3B
Other Liab254.2M159.6M124.3M99.0M113.9M114.0M
Retained Earnings742.2M845.6M1.0B780.5M890.7M536.8M
Accounts Payable1.5B1.8B2.3B2.6B2.7B2.8B
Cash1.2B1.6B2.0B2.2B2.8B3.0B
Other Assets214.8M171.9M152.2M132.6M152.5M154.6M
Net Receivables1.3B953.6M1.3B876.4M965.3M968.5M
Inventory1.6B1.5B2.2B2.6B2.5B2.6B
Other Current Assets268.0M200.7M184.5M305.3M55.2M52.4M
Total Liab3.9B3.6B4.1B4.6B4.7B2.8B
Intangible Assets479.4M452.8M431.7M410.5M385.3M280.5M
Property Plant Equipment3.3B3.1B3.1B3.1B3.5B2.3B
Long Term Debt98.8M2.8M500.4M650.5M650.5M570.8M
Net Tangible Assets3.4B3.5B3.7B3.9B4.5B3.7B
Other Stockholder Equity(38.1M)(42.8M)(49.0M)(106.6K)(95.9K)(100.7K)
Deferred Long Term Liab104.2M75.7M71.2M68.1M61.3M68.4M
Short Long Term Debt1.4B1.2B529.8M292.2M139.3M132.3M
Total Current Assets4.4B4.8B5.7B6.5B6.9B5.6B
Non Current Assets Total4.9B4.5B4.5B4.4B4.4B3.9B
Non Currrent Assets Other66.7M24.4M11.5M11.6M63.5M98.3M
Non Current Liabilities Total164.4M127.1M614.7M774.5M823.8M473.0M
Net Invested Capital5.9B5.8B5.8B5.9B5.9B4.7B
Net Working Capital693.8M1.3B2.2B2.6B3.1B1.9B

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Other Information on Investing in Advanced Stock

Balance Sheet is a snapshot of the financial position of Advanced Technology at a specified time, usually calculated after every quarter, six months, or one year. Advanced Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Advanced Technology 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 Advanced currently owns. An asset can also be divided into two categories, current and non-current.