Piotech Cost Of Revenue vs Ebitda Analysis
688072 Stock | 190.13 0.23 0.12% |
Piotech financial indicator trend analysis is much more than just breaking down Piotech Inc A prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Piotech Inc A is a good investment. Please check the relationship between Piotech Cost Of Revenue and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Piotech Inc A. 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.
Cost Of Revenue vs Ebitda
Cost Of Revenue vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piotech Inc A Cost Of Revenue account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Piotech's Cost Of Revenue and Ebitda is 0.87. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of Piotech Inc A, assuming nothing else is changed. The correlation between historical values of Piotech's Cost Of Revenue and Ebitda 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 Piotech Inc A are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Cost Of Revenue i.e., Piotech's Cost Of Revenue and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Piotech Inc A income statement and represents the costs associated with goods and services Piotech 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.Ebitda
Most indicators from Piotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Piotech Inc A 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 Piotech Inc A. 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. The current year's Selling General Administrative is expected to grow to about 420 M. The current year's Tax Provision is expected to grow to about 68.3 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 18.7M | 30.8M | 62.0M | 65.1M | Net Interest Income | 18.2M | 27.7M | 29.7M | 20.0M |
Piotech fundamental ratios Correlations
Click cells to compare fundamentals
Piotech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Currently Active Assets on Macroaxis
Other Information on Investing in Piotech Stock
Balance Sheet is a snapshot of the financial position of Piotech Inc A at a specified time, usually calculated after every quarter, six months, or one year. Piotech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Piotech 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 Piotech currently owns. An asset can also be divided into two categories, current and non-current.