Guizhou Ebitda vs Cost Of Revenue Analysis
002895 Stock | 21.78 0.62 2.77% |
Guizhou Chanhen financial indicator trend analysis is much more than just examining Guizhou Chanhen Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guizhou Chanhen Chemical is a good investment. Please check the relationship between Guizhou Chanhen Ebitda and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guizhou Chanhen Chemical. 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.
Ebitda vs Cost Of Revenue
Ebitda vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guizhou Chanhen Chemical Ebitda account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guizhou Chanhen's Ebitda and Cost Of Revenue is 0.85. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Guizhou Chanhen Chemical, assuming nothing else is changed. The correlation between historical values of Guizhou Chanhen's Ebitda 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 Ebitda of Guizhou Chanhen Chemical 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 Ebitda i.e., Guizhou Chanhen's Ebitda and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Ebitda
Cost Of Revenue
Cost of Revenue is found on Guizhou Chanhen Chemical income statement and represents the costs associated with goods and services Guizhou Chanhen 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 Guizhou Chanhen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guizhou Chanhen Chemical 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 Guizhou Chanhen Chemical. 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 current year's Tax Provision is expected to grow to about 185.8 M, whereas Selling General Administrative is forecasted to decline to about 121.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 717.8M | 1.5B | 1.7B | 1.8B | Total Revenue | 2.5B | 3.4B | 4.3B | 2.4B |
Guizhou Chanhen fundamental ratios Correlations
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Guizhou Chanhen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Guizhou Chanhen fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8B | 3.8B | 6.9B | 10.2B | 12.0B | 12.6B | |
Other Current Liab | 88.4M | 196.5M | 351.5M | 138.1M | 156.1M | 158.7M | |
Total Current Liabilities | 675.0M | 607.3M | 1.3B | 2.5B | 2.9B | 3.1B | |
Total Stockholder Equity | 2.0B | 2.9B | 3.6B | 4.4B | 5.8B | 3.3B | |
Other Liab | 145.1M | 145.0M | 146.0M | 192.5M | 221.4M | 165.7M | |
Net Tangible Assets | 1.8B | 1.8B | 2.8B | 2.4B | 2.8B | 2.2B | |
Retained Earnings | 887.3M | 907.6M | 1.3B | 1.8B | 2.1B | 1.3B | |
Accounts Payable | 142.5M | 143.1M | 333.3M | 744.2M | 1.1B | 1.1B | |
Cash | 341.2M | 513.7M | 1.2B | 1.5B | 2.2B | 2.4B | |
Non Current Assets Total | 2.0B | 2.2B | 4.4B | 7.1B | 7.9B | 8.3B | |
Non Currrent Assets Other | 97.8M | 837.9M | 390.6M | 167.3M | 278.3M | 252.0M | |
Other Assets | 51.1M | 102.9M | 147.0M | 472.5M | 543.3M | 570.5M | |
Net Receivables | 110.4M | 72.8M | 465.4M | 206.7M | 250.4M | 177.3M | |
Non Current Liabilities Total | 145.0M | 201.0M | 1.9B | 2.7B | 2.8B | 2.9B | |
Inventory | 286.7M | 258.0M | 350.6M | 792.2M | 776.3M | 465.7M | |
Other Current Assets | 75.1M | 81.5M | 183.0M | 153.0M | 189.7M | 151.8M | |
Total Liab | 820.0M | 808.4M | 3.2B | 5.2B | 5.7B | 6.0B | |
Short Long Term Debt | 408M | 238M | 329.3M | 709.7M | 1.0B | 1.1B | |
Total Current Assets | 813.4M | 1.6B | 2.5B | 3.0B | 4.1B | 4.3B | |
Intangible Assets | 186.7M | 177.3M | 1.2B | 1.4B | 1.4B | 1.4B | |
Common Stock | 400.0M | 407.1M | 407.6M | 488.4M | 561.7M | 467.8M | |
Property Plant Equipment | 409.3M | 575.7M | 696.1M | 1.6B | 1.8B | 1.9B | |
Common Stock Shares Outstanding | 407.1M | 407.6M | 488.4M | 501.8M | 542.0M | 508.4M | |
Net Invested Capital | 2.4B | 3.2B | 5.6B | 6.6B | 8.3B | 4.8B | |
Net Working Capital | 138.4M | 997.5M | 1.2B | 541.7M | 1.2B | 763.0M |
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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 Guizhou Stock
Balance Sheet is a snapshot of the financial position of Guizhou Chanhen Chemical at a specified time, usually calculated after every quarter, six months, or one year. Guizhou Chanhen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guizhou Chanhen 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 Guizhou currently owns. An asset can also be divided into two categories, current and non-current.