Gedeon Cost Of Revenue vs Income Before Tax Analysis

0QFP Stock   5,040  0.00  0.00%   
Gedeon Richter financial indicator trend analysis is much more than just examining Gedeon Richter PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gedeon Richter PLC is a good investment. Please check the relationship between Gedeon Richter Cost Of Revenue and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gedeon Richter PLC. 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 Income Before Tax

Cost Of Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gedeon Richter PLC Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gedeon Richter's Cost Of Revenue and Income Before Tax is 0.67. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Gedeon Richter PLC, assuming nothing else is changed. The correlation between historical values of Gedeon Richter's Cost Of Revenue and Income Before Tax 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 Gedeon Richter PLC are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Gedeon Richter's Cost Of Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Gedeon Richter PLC income statement and represents the costs associated with goods and services Gedeon Richter 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Gedeon Richter income statement and is an important metric when analyzing Gedeon Richter PLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Gedeon Richter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gedeon Richter PLC 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 Gedeon Richter PLC. 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.
Tax Provision is likely to drop to about 5.4 B in 2024. Selling General Administrative is likely to drop to about 150.7 B in 2024
 2019 2020 2023 2024 (projected)
Interest Income11.1B3.3B3.0B2.8B
Tax Provision2.4B9.1B10.5B5.4B

Gedeon Richter fundamental ratios Correlations

-0.350.910.990.950.950.74-0.560.940.9-0.670.85-0.490.940.90.780.93-0.8-0.68-0.490.950.750.720.680.950.27
-0.35-0.38-0.44-0.42-0.46-0.510.96-0.48-0.650.89-0.60.3-0.51-0.390.25-0.50.530.860.3-0.55-0.4-0.37-0.33-0.45-0.27
0.91-0.380.910.980.860.84-0.550.850.82-0.640.75-0.430.970.980.670.97-0.69-0.64-0.430.960.840.830.790.98-0.06
0.99-0.440.910.960.950.76-0.630.940.92-0.720.88-0.490.960.90.710.94-0.8-0.73-0.490.960.760.720.690.960.28
0.95-0.420.980.960.890.83-0.590.880.88-0.670.83-0.470.990.940.660.96-0.72-0.68-0.470.980.830.80.790.990.1
0.95-0.460.860.950.890.66-0.661.00.94-0.780.88-0.340.910.90.710.91-0.91-0.75-0.340.930.650.60.550.880.32
0.74-0.510.840.760.830.66-0.60.660.72-0.650.8-0.790.840.80.440.84-0.62-0.72-0.790.840.990.980.970.870.01
-0.560.96-0.55-0.63-0.59-0.66-0.6-0.68-0.820.98-0.740.35-0.67-0.570.0-0.670.740.960.35-0.72-0.51-0.48-0.41-0.62-0.37
0.94-0.480.850.940.881.00.66-0.680.95-0.80.88-0.330.910.90.690.91-0.92-0.77-0.330.930.640.60.540.880.33
0.9-0.650.820.920.880.940.72-0.820.95-0.90.89-0.430.920.870.540.88-0.92-0.89-0.430.940.680.640.590.880.45
-0.670.89-0.64-0.72-0.67-0.78-0.650.98-0.8-0.9-0.810.37-0.75-0.68-0.18-0.760.840.980.37-0.8-0.56-0.53-0.45-0.7-0.4
0.85-0.60.750.880.830.880.8-0.740.880.89-0.81-0.590.850.760.490.83-0.85-0.8-0.590.860.770.720.710.840.41
-0.490.3-0.43-0.49-0.47-0.34-0.790.35-0.33-0.430.37-0.59-0.45-0.39-0.35-0.450.380.521.0-0.47-0.79-0.8-0.81-0.53-0.24
0.94-0.510.970.960.990.910.84-0.670.910.92-0.750.85-0.450.950.610.97-0.77-0.75-0.450.990.820.790.760.990.13
0.9-0.390.980.90.940.90.8-0.570.90.87-0.680.76-0.390.950.710.96-0.78-0.68-0.390.960.790.780.720.950.02
0.780.250.670.710.660.710.440.00.690.54-0.180.49-0.350.610.710.64-0.58-0.23-0.350.620.510.50.460.660.14
0.93-0.50.970.940.960.910.84-0.670.910.88-0.760.83-0.450.970.960.64-0.78-0.76-0.450.980.840.810.750.980.02
-0.80.53-0.69-0.8-0.72-0.91-0.620.74-0.92-0.920.84-0.850.38-0.77-0.78-0.58-0.780.840.38-0.82-0.59-0.56-0.47-0.74-0.49
-0.680.86-0.64-0.73-0.68-0.75-0.720.96-0.77-0.890.98-0.80.52-0.75-0.68-0.23-0.760.840.52-0.8-0.64-0.62-0.54-0.72-0.42
-0.490.3-0.43-0.49-0.47-0.34-0.790.35-0.33-0.430.37-0.591.0-0.45-0.39-0.35-0.450.380.52-0.47-0.79-0.8-0.81-0.53-0.24
0.95-0.550.960.960.980.930.84-0.720.930.94-0.80.86-0.470.990.960.620.98-0.82-0.8-0.470.820.790.750.980.17
0.75-0.40.840.760.830.650.99-0.510.640.68-0.560.77-0.790.820.790.510.84-0.59-0.64-0.790.821.00.980.88-0.03
0.72-0.370.830.720.80.60.98-0.480.60.64-0.530.72-0.80.790.780.50.81-0.56-0.62-0.80.791.00.980.85-0.08
0.68-0.330.790.690.790.550.97-0.410.540.59-0.450.71-0.810.760.720.460.75-0.47-0.54-0.810.750.980.980.82-0.07
0.95-0.450.980.960.990.880.87-0.620.880.88-0.70.84-0.530.990.950.660.98-0.74-0.72-0.530.980.880.850.820.08
0.27-0.27-0.060.280.10.320.01-0.370.330.45-0.40.41-0.240.130.020.140.02-0.49-0.42-0.240.17-0.03-0.08-0.070.08
Click cells to compare fundamentals

Gedeon Richter Account Relationship Matchups

Gedeon Richter fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets760.9B797.9B858.7B948.6B1.1T919.6B
Short Long Term Debt Total3M2M10.3B10.8B9.7B8.0B
Total Current Liabilities109.6B107.9B123.2B179.5B206.4B123.0B
Total Stockholder Equity659.3B680.2B718.0B807.0B928.0B779.3B
Retained Earnings653.7B751.4B849.7B966.4B1.1T796.9B
Cash75.9B112.8B122.4B142.0B163.3B120.8B
Other Assets12.0B9.8B15.2B50.8B58.4B61.3B
Cash And Short Term Investments76.1B117.7B130.1B149.2B171.6B125.4B
Net Receivables173.2B173.1B205.4B186.2B214.1B176.4B
Good Will44.4B35.4B29.5B31.4B28.3B33.5B
Short Term Investments18M4.7B1.5B7.1B8.2B8.6B
Inventory99.0B110.1B131.3B153.3B176.3B118.2B
Other Stockholder Equity34.3B25.5B34.2B51.8B59.6B30.9B
Total Liab101.5B117.7B140.7B141.6B162.9B140.2B
Total Current Assets409.6B449.5B412.6B575.8B662.1B443.1B
Treasury Stock(415M)(2.2B)(3.9B)(3.8B)(3.4B)(3.6B)
Intangible Assets155.0B151.6B127.6B141.3B127.2B122.9B
Property Plant Equipment244.8B254.1B278.4B315.9B363.3B266.5B
Other Current Assets4.0B12.5B9.9B110.3B126.8B133.2B
Other Current Liab22.9B13.1B12.8B126.1B145.0B152.3B
Other Liab13.9B15.2B22.5B48.1B55.3B58.1B
Net Tangible Assets560.8B634.3B659.0B818.1B940.8B696.4B
Accounts Payable61.8B65.8B79.6B46.1B53.0B67.7B

Also Currently Popular

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.

Additional Tools for Gedeon Stock Analysis

When running Gedeon Richter's price analysis, check to measure Gedeon Richter'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 Gedeon Richter is operating at the current time. Most of Gedeon Richter's value examination focuses on studying past and present price action to predict the probability of Gedeon Richter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gedeon Richter's price. Additionally, you may evaluate how the addition of Gedeon Richter to your portfolios can decrease your overall portfolio volatility.