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 Income Before Tax and its Cost Of Revenue 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.
Income Before Tax vs Cost Of Revenue
Income Before Tax vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gedeon Richter PLC Income Before Tax account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gedeon Richter's Income Before Tax and Cost Of Revenue is 0.67. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue 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 Income Before Tax 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 Income Before Tax of Gedeon Richter PLC 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 Income Before Tax i.e., Gedeon Richter's Income Before Tax and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
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.
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
Gedeon Richter fundamental ratios Correlations
Click cells to compare fundamentals
Gedeon Richter Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gedeon Richter fundamental ratios Accounts
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Additional Tools for Gedeon Stock Analysis
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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.