Forafric Ebit vs Cost Of Revenue Analysis

AFRIW Stock

USD 1.09 0.06 5.22%

Forafric Global financial indicator trend analysis is much more than just examining Forafric Global PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forafric Global PLC is a good investment. Please check the relationship between Forafric Global Ebit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Forafric Global 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 gross domestic product.

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 Forafric Global PLC Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Forafric Global's Ebit and Cost Of Revenue is -0.68. 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 Forafric Global PLC, assuming nothing else is changed. The correlation between historical values of Forafric Global'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 Forafric Global 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 Ebit i.e., Forafric Global's Ebit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Ebit

Cost Of Revenue

Cost of Revenue is found on Forafric Global PLC income statement and represents the costs associated with goods and services Forafric Global 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 Forafric Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forafric Global 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 Forafric Global 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 gross domestic product.

At this time, Forafric Global's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 64.45 in 2024, despite the fact that Tax Provision is likely to grow to (100.7 K).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	5.2M	6.6M	6.1M	6.1M
Interest Income	543K	34K	37K	35.2K

Depreciation And Amortization Interest Income

Forafric Global fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		-0.52	-0.63	0.98	0.87	0.91	-0.72	-0.88	0.88	0.93	0.94	0.85	-0.92	0.93	0.96	0.81	-0.2	-0.92	0.92	0.05	0.93	-0.3	0.98	0.99	0.97	0.29
Short Long Term Debt Total	-0.52		0.88	-0.48	-0.86	-0.43	0.89	0.27	-0.32	-0.48	-0.46	-0.27	0.8	-0.48	-0.5	-0.58	0.89	0.8	-0.71	0.66	-0.78	0.96	-0.52	-0.54	-0.38	-0.81
Other Current Liab	-0.63	0.88		-0.54	-0.87	-0.62	0.84	0.31	-0.37	-0.44	-0.64	-0.28	0.83	-0.44	-0.58	-0.81	0.86	0.79	-0.88	0.73	-0.78	0.82	-0.6	-0.61	-0.53	-0.92
Total Current Liabilities	0.98	-0.48	-0.54		0.84	0.89	-0.68	-0.9	0.93	0.98	0.91	0.88	-0.89	0.98	0.95	0.72	-0.11	-0.91	0.85	0.16	0.92	-0.25	0.97	0.99	0.97	0.19
Total Stockholder Equity	0.87	-0.86	-0.87	0.84		0.76	-0.92	-0.65	0.66	0.81	0.79	0.63	-0.99	0.81	0.86	0.8	-0.63	-0.99	0.94	-0.35	0.98	-0.72	0.87	0.88	0.77	0.64
Property Plant And Equipment Net	0.91	-0.43	-0.62	0.89	0.76		-0.66	-0.85	0.9	0.78	1.0	0.84	-0.83	0.78	0.76	0.89	-0.19	-0.8	0.88	-0.06	0.82	-0.19	0.82	0.87	0.91	0.3
Net Debt	-0.72	0.89	0.84	-0.68	-0.92	-0.66		0.62	-0.5	-0.66	-0.69	-0.61	0.92	-0.66	-0.67	-0.81	0.7	0.9	-0.82	0.46	-0.88	0.78	-0.7	-0.72	-0.55	-0.61
Retained Earnings	-0.88	0.27	0.31	-0.9	-0.65	-0.85	0.62		-0.88	-0.89	-0.86	-1.0	0.75	-0.89	-0.8	-0.7	-0.1	0.76	-0.67	-0.32	-0.76	0.03	-0.84	-0.87	-0.83	0.1
Accounts Payable	0.88	-0.32	-0.37	0.93	0.66	0.9	-0.5	-0.88		0.89	0.9	0.88	-0.74	0.89	0.77	0.63	0.05	-0.76	0.71	0.25	0.78	-0.04	0.83	0.89	0.93	0.04
Cash	0.93	-0.48	-0.44	0.98	0.81	0.78	-0.66	-0.89	0.89		0.81	0.88	-0.86	1.0	0.93	0.59	-0.06	-0.89	0.75	0.26	0.9	-0.26	0.95	0.97	0.9	0.09
Non Current Assets Total	0.94	-0.46	-0.64	0.91	0.79	1.0	-0.69	-0.86	0.9	0.81		0.85	-0.86	0.81	0.8	0.9	-0.21	-0.84	0.9	-0.06	0.85	-0.22	0.85	0.9	0.93	0.32
Non Currrent Assets Other	0.85	-0.27	-0.28	0.88	0.63	0.84	-0.61	-1.0	0.88	0.88	0.85		-0.73	0.88	0.76	0.67	0.11	-0.74	0.63	0.33	0.74	-0.02	0.8	0.84	0.81	-0.13
Other Assets	-0.92	0.8	0.83	-0.89	-0.99	-0.83	0.92	0.75	-0.74	-0.86	-0.86	-0.73		-0.86	-0.88	-0.84	0.54	0.99	-0.95	0.26	-0.99	0.63	-0.91	-0.92	-0.83	-0.55
Cash And Short Term Investments	0.93	-0.48	-0.44	0.98	0.81	0.78	-0.66	-0.89	0.89	1.0	0.81	0.88	-0.86		0.93	0.59	-0.06	-0.89	0.75	0.26	0.9	-0.26	0.95	0.97	0.9	0.09
Net Receivables	0.96	-0.5	-0.58	0.95	0.86	0.76	-0.67	-0.8	0.77	0.93	0.8	0.76	-0.88	0.93		0.68	-0.18	-0.9	0.86	0.12	0.91	-0.32	0.99	0.97	0.91	0.26
Good Will	0.81	-0.58	-0.81	0.72	0.8	0.89	-0.81	-0.7	0.63	0.59	0.9	0.67	-0.84	0.59	0.68		-0.48	-0.79	0.91	-0.39	0.78	-0.43	0.72	0.75	0.72	0.55
Common Stock Shares Outstanding	-0.2	0.89	0.86	-0.11	-0.63	-0.19	0.7	-0.1	0.05	-0.06	-0.21	0.11	0.54	-0.06	-0.18	-0.48		0.5	-0.54	0.92	-0.48	0.95	-0.19	-0.19	-0.06	-0.94
Non Current Liabilities Total	-0.92	0.8	0.79	-0.91	-0.99	-0.8	0.9	0.76	-0.76	-0.89	-0.84	-0.74	0.99	-0.89	-0.9	-0.79	0.5		-0.92	0.21	-1.0	0.63	-0.92	-0.94	-0.83	-0.51
Inventory	0.92	-0.71	-0.88	0.85	0.94	0.88	-0.82	-0.67	0.71	0.75	0.9	0.63	-0.95	0.75	0.86	0.91	-0.54	-0.92		-0.35	0.93	-0.55	0.88	0.89	0.86	0.64
Other Current Assets	0.05	0.66	0.73	0.16	-0.35	-0.06	0.46	-0.32	0.25	0.26	-0.06	0.33	0.26	0.26	0.12	-0.39	0.92	0.21	-0.35		-0.18	0.76	0.11	0.09	0.15	-0.9
Other Stockholder Equity	0.93	-0.78	-0.78	0.92	0.98	0.82	-0.88	-0.76	0.78	0.9	0.85	0.74	-0.99	0.9	0.91	0.78	-0.48	-1.0	0.93	-0.18		-0.6	0.93	0.95	0.86	0.5
Total Liab	-0.3	0.96	0.82	-0.25	-0.72	-0.19	0.78	0.03	-0.04	-0.26	-0.22	-0.02	0.63	-0.26	-0.32	-0.43	0.95	0.63	-0.55	0.76	-0.6		-0.32	-0.32	-0.14	-0.85
Total Current Assets	0.98	-0.52	-0.6	0.97	0.87	0.82	-0.7	-0.84	0.83	0.95	0.85	0.8	-0.91	0.95	0.99	0.72	-0.19	-0.92	0.88	0.11	0.93	-0.32		0.99	0.94	0.27
Short Term Debt	0.99	-0.54	-0.61	0.99	0.88	0.87	-0.72	-0.87	0.89	0.97	0.9	0.84	-0.92	0.97	0.97	0.75	-0.19	-0.94	0.89	0.09	0.95	-0.32	0.99		0.96	0.27
Intangible Assets	0.97	-0.38	-0.53	0.97	0.77	0.91	-0.55	-0.83	0.93	0.9	0.93	0.81	-0.83	0.9	0.91	0.72	-0.06	-0.83	0.86	0.15	0.86	-0.14	0.94	0.96		0.21
Common Stock	0.29	-0.81	-0.92	0.19	0.64	0.3	-0.61	0.1	0.04	0.09	0.32	-0.13	-0.55	0.09	0.26	0.55	-0.94	-0.51	0.64	-0.9	0.5	-0.85	0.27	0.27	0.21

Click cells to compare fundamentals

Forafric Global Account Relationship Matchups

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Forafric Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Forafric Ebit vs Cost Of Revenue Analysis

Ebit vs Cost Of Revenue

Ebit vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Ebit

Cost Of Revenue

Forafric Global fundamental ratios Correlations

Forafric Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Forafric Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 0.99	Total Assets
Short Term Debt	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Other Assets
Total Current Assets	+ 0.99	Net Receivables

Other Stockholder Equity	- 1.0	Non Current Liabilities Total
Non Currrent Assets Other	- 1.0	Retained Earnings
Other Stockholder Equity	- 0.99	Other Assets
Non Current Liabilities Total	- 0.99	Total Stockholder Equity
Other Assets	- 0.99	Total Stockholder Equity
Inventory	- 0.95	Other Assets