0N9Z Stock | | | 28.55 0.15 0.52% |
EVS Broadcast financial indicator trend analysis is much more than just examining EVS Broadcast Equipment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EVS Broadcast Equipment is a good investment. Please check the relationship between EVS Broadcast Cost Of Revenue and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in EVS Broadcast Equipment. 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.
Cost Of Revenue vs Net Income
Cost Of Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
EVS Broadcast Equipment Cost Of Revenue account and
Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EVS Broadcast's Cost Of Revenue and Net Income is 0.55. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of EVS Broadcast Equipment, assuming nothing else is changed. The correlation between historical values of EVS Broadcast's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of EVS Broadcast Equipment are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., EVS Broadcast's Cost Of Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on EVS Broadcast Equipment income statement and represents the costs associated with goods and services EVS Broadcast 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in EVS Broadcast Equipment financial statement analysis. It represents the amount of money remaining after all of EVS Broadcast Equipment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from EVS Broadcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EVS Broadcast Equipment 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 EVS Broadcast Equipment. 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 drop to about 863.1
K in 2024.
Tax Provision is likely to gain to about (2.4
M) in 2024
EVS Broadcast fundamental ratios Correlations
Click cells to compare fundamentals
EVS Broadcast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EVS Broadcast fundamental ratios Accounts
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Additional Tools for EVS Stock Analysis
When running EVS Broadcast's price analysis, check to
measure EVS Broadcast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EVS Broadcast is operating at the current time. Most of EVS Broadcast's value examination focuses on studying past and present price action to
predict the probability of EVS Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVS Broadcast's price. Additionally, you may evaluate how the addition of EVS Broadcast to your portfolios can decrease your overall portfolio volatility.