ASTS Stock | | | USD 23.29 0.10 0.43% |
Ast Spacemobile financial indicator trend analysis is way more than just evaluating Ast Spacemobile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ast Spacemobile is a good investment. Please check the relationship between Ast Spacemobile Cost Of Revenue and its Capex To Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ast Spacemobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Ast Stock please use our
How to Invest in Ast Spacemobile guide.
Cost Of Revenue vs Capex To Revenue
Cost Of Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ast Spacemobile Cost Of Revenue account and
Capex To Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ast Spacemobile's Cost Of Revenue and Capex To Revenue is 0.47. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Ast Spacemobile, assuming nothing else is changed. The correlation between historical values of Ast Spacemobile's Cost Of Revenue and Capex To 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 Cost Of Revenue of Ast Spacemobile are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Cost Of Revenue i.e., Ast Spacemobile's Cost Of Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Ast Spacemobile income statement and represents the costs associated with goods and services Ast Spacemobile 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.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Ast Spacemobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ast Spacemobile 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 Ast Spacemobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Ast Stock please use our
How to Invest in Ast Spacemobile guide.
Selling General Administrative is likely to drop to about 30.6
M in 2024.
Tax Provision is likely to gain to about (511.1
K) in 2024
Ast Spacemobile fundamental ratios Correlations
Click cells to compare fundamentals
Ast Spacemobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ast Spacemobile fundamental ratios Accounts
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Additional Tools for Ast Stock Analysis
When running Ast Spacemobile's price analysis, check to
measure Ast Spacemobile'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 Ast Spacemobile is operating at the current time. Most of Ast Spacemobile's value examination focuses on studying past and present price action to
predict the probability of Ast Spacemobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ast Spacemobile's price. Additionally, you may evaluate how the addition of Ast Spacemobile to your portfolios can decrease your overall portfolio volatility.