Jiangxi JDL financial indicator trend analysis is infinitely more than just investigating Jiangxi JDL Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi JDL Environmental is a good investment. Please check the relationship between Jiangxi JDL Ebitda and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi JDL Environmental. 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.
Ebitda vs Cost Of Revenue
Ebitda vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi JDL Environmental Ebitda account and Cost Of Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Jiangxi JDL's Ebitda and Cost Of Revenue is 0.3. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Jiangxi JDL Environmental, assuming nothing else is changed. The correlation between historical values of Jiangxi JDL's Ebitda 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 Ebitda of Jiangxi JDL Environmental 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 Ebitda i.e., Jiangxi JDL's Ebitda and Cost Of Revenue go up and down completely randomly.
Cost of Revenue is found on Jiangxi JDL Environmental income statement and represents the costs associated with goods and services Jiangxi JDL 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 Jiangxi JDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi JDL Environmental 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 Jiangxi JDL Environmental. 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.
Balance Sheet is a snapshot of the financial position of Jiangxi JDL Environmental at a specified time, usually calculated after every quarter, six months, or one year. Jiangxi JDL Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangxi JDL 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 Jiangxi currently owns. An asset can also be divided into two categories, current and non-current.