Ao World financial indicator trend analysis is way more than just evaluating Ao World prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ao World is a good investment. Please check the relationship between Ao World 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 Ao World. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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 Ao World Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Ao World's Income Before Tax and Cost Of Revenue is 0.07. 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 Ao World, assuming nothing else is changed. The correlation between historical values of Ao World'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 Ao World 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., Ao World's Income Before Tax and Cost Of Revenue go up and down completely randomly.
Income Before Tax which can also be referred as pre-tax income is reported on Ao World income statement and is an important metric when analyzing Ao World 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 Ao World income statement and represents the costs associated with goods and services Ao World 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 Ao World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ao World 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 Ao World. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Ao World's Tax Provision is projected to increase significantly based on the last few years of reporting.
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.
Balance Sheet is a snapshot of the financial position of Ao World at a specified time, usually calculated after every quarter, six months, or one year. Ao World Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ao World 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 Ao World currently owns. An asset can also be divided into two categories, current and non-current.