Merck Ebit vs Cost Of Revenue Analysis
0QAH Stock | USD 103.50 27.80 21.17% |
Merck financial indicator trend analysis is infinitely more than just investigating Merck Company recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merck Company is a good investment. Please check the relationship between Merck Ebit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Merck Company. 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.
Ebit vs Cost Of Revenue
Ebit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Merck Company Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Merck's Ebit and Cost Of Revenue is 0.64. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Merck Company, assuming nothing else is changed. The correlation between historical values of Merck's Ebit 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 Ebit of Merck Company 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 Ebit i.e., Merck's Ebit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebit
Cost Of Revenue
Cost of Revenue is found on Merck Company income statement and represents the costs associated with goods and services Merck 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 Merck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Merck Company 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 Merck Company. 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. At this time, Merck's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 10.8 B this year, although the value of Discontinued Operations will most likely fall to about 601.9 M.
2020 | 2021 | 2023 | 2024 (projected) | EBIT | 7.7B | 13.9B | 16.0B | 11.8B | Discontinued Operations | 2.5B | 704M | 633.6M | 601.9M |
Merck fundamental ratios Correlations
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Merck Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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