600338 Stock | | | 12.17 0.76 5.88% |
Tibet Summit financial indicator trend analysis is much more than just breaking down Tibet Summit Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tibet Summit Resources is a good investment. Please check the relationship between Tibet Summit Ebit and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tibet Summit Resources. 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.
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
Tibet Summit Resources Ebit account and
Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tibet Summit's Ebit and Cost Of Revenue is -0.39. 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 Tibet Summit Resources, assuming nothing else is changed. The correlation between historical values of Tibet Summit'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 Tibet Summit Resources 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., Tibet Summit's Ebit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebit
Cost Of Revenue
Cost of Revenue is found on Tibet Summit Resources income statement and represents the costs associated with goods and services Tibet Summit 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 Tibet Summit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tibet Summit Resources 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 Tibet Summit Resources. 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.
As of November 25, 2024,
Selling General Administrative is expected to decline to about 127.2
M. In addition to that,
Tax Provision is expected to decline to about 13.8
MTibet Summit fundamental ratios Correlations
Click cells to compare fundamentals
Tibet Summit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tibet Summit fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tibet Stock
Balance Sheet is a snapshot of the
financial position of Tibet Summit Resources at a specified time, usually calculated after every quarter, six months, or one year. Tibet Summit Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tibet Summit 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 Tibet currently owns. An asset can also be divided into two categories, current and non-current.