AVALON Net Income vs Cost Of Revenue Analysis

AVALON Stock   905.90  34.15  3.92%   
AVALON TECHNOLOGIES financial indicator trend analysis is way more than just evaluating AVALON TECHNOLOGIES LTD prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AVALON TECHNOLOGIES LTD is a good investment. Please check the relationship between AVALON TECHNOLOGIES Net Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AVALON TECHNOLOGIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVALON TECHNOLOGIES LTD Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between AVALON TECHNOLOGIES's Net Income and Cost Of Revenue is 0.73. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of AVALON TECHNOLOGIES LTD, assuming nothing else is changed. The correlation between historical values of AVALON TECHNOLOGIES's Net Income 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 Net Income of AVALON TECHNOLOGIES LTD 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 Net Income i.e., AVALON TECHNOLOGIES's Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in AVALON TECHNOLOGIES LTD financial statement analysis. It represents the amount of money remaining after all of AVALON TECHNOLOGIES LTD operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on AVALON TECHNOLOGIES LTD income statement and represents the costs associated with goods and services AVALON TECHNOLOGIES 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 AVALON TECHNOLOGIES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AVALON TECHNOLOGIES LTD 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 AVALON TECHNOLOGIES LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
The current year's Selling General Administrative is expected to grow to about 176 M
 2021 2022 2023 2024 (projected)
Interest Expense152.1M347.9M101.4M175.3M
Depreciation And Amortization180.0M196.6M229.0M202.0M

AVALON TECHNOLOGIES fundamental ratios Correlations

0.070.840.380.970.920.75-0.930.92-0.430.90.830.950.960.850.780.90.790.98-0.750.680.651.0-0.160.970.9
0.070.460.88-0.14-0.280.25-0.06-0.10.60.32-0.47-0.180.190.18-0.46-0.330.14-0.010.45-0.630.630.130.95-0.07-0.33
0.840.460.770.710.570.58-0.90.60.060.980.430.720.940.630.340.620.560.76-0.590.280.90.870.330.790.62
0.380.880.770.190.00.3-0.470.110.580.67-0.170.190.550.25-0.26-0.010.170.290.0-0.380.790.440.840.29-0.01
0.97-0.140.710.190.970.65-0.90.94-0.520.810.930.990.90.770.850.920.720.96-0.810.760.440.95-0.370.990.92
0.92-0.280.570.00.970.71-0.790.97-0.710.680.970.950.790.80.950.950.770.95-0.780.870.340.89-0.510.930.95
0.750.250.580.30.650.71-0.490.84-0.560.560.530.60.590.90.680.630.880.82-0.270.50.630.760.010.590.63
-0.93-0.06-0.9-0.47-0.9-0.79-0.49-0.740.18-0.96-0.74-0.92-0.99-0.62-0.6-0.83-0.55-0.860.85-0.57-0.65-0.930.08-0.96-0.83
0.92-0.10.60.110.940.970.84-0.74-0.680.680.90.910.770.870.910.880.840.97-0.630.760.420.9-0.370.880.88
-0.430.60.060.58-0.52-0.71-0.560.18-0.68-0.04-0.72-0.48-0.18-0.61-0.89-0.69-0.66-0.530.41-0.860.08-0.390.78-0.41-0.69
0.90.320.980.670.810.680.56-0.960.68-0.040.570.820.980.660.460.720.590.82-0.70.40.810.920.180.880.72
0.83-0.470.43-0.170.930.970.53-0.740.9-0.720.570.930.70.660.950.920.640.86-0.820.90.140.79-0.670.880.92
0.95-0.180.720.190.990.950.6-0.920.91-0.480.820.930.90.70.830.920.640.95-0.860.760.430.93-0.370.980.92
0.960.190.940.550.90.790.59-0.990.77-0.180.980.70.90.710.590.810.640.89-0.770.520.720.960.010.950.81
0.850.180.630.250.770.80.9-0.620.87-0.610.660.660.70.710.770.760.990.83-0.40.60.620.85-0.110.750.77
0.78-0.460.34-0.260.850.950.68-0.60.91-0.890.460.950.830.590.770.920.780.84-0.70.940.180.74-0.680.780.92
0.9-0.330.62-0.010.920.950.63-0.830.88-0.690.720.920.920.810.760.920.750.9-0.880.920.440.88-0.510.911.0
0.790.140.560.170.720.770.88-0.550.84-0.660.590.640.640.640.990.780.750.79-0.370.620.590.79-0.150.690.75
0.98-0.010.760.290.960.950.82-0.860.97-0.530.820.860.950.890.830.840.90.79-0.730.730.570.97-0.240.930.9
-0.750.45-0.590.0-0.81-0.78-0.270.85-0.630.41-0.7-0.82-0.86-0.77-0.4-0.7-0.88-0.37-0.73-0.81-0.31-0.730.5-0.84-0.88
0.68-0.630.28-0.380.760.870.5-0.570.76-0.860.40.90.760.520.60.940.920.620.73-0.810.130.64-0.770.710.92
0.650.630.90.790.440.340.63-0.650.420.080.810.140.430.720.620.180.440.590.57-0.310.130.70.530.520.44
1.00.130.870.440.950.890.76-0.930.9-0.390.920.790.930.960.850.740.880.790.97-0.730.640.7-0.090.960.87
-0.160.950.330.84-0.37-0.510.010.08-0.370.780.18-0.67-0.370.01-0.11-0.68-0.51-0.15-0.240.5-0.770.53-0.09-0.28-0.51
0.97-0.070.790.290.990.930.59-0.960.88-0.410.880.880.980.950.750.780.910.690.93-0.840.710.520.96-0.280.91
0.9-0.330.62-0.010.920.950.63-0.830.88-0.690.720.920.920.810.770.921.00.750.9-0.880.920.440.87-0.510.91
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AVALON TECHNOLOGIES Account Relationship Matchups

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Other Information on Investing in AVALON Stock

Balance Sheet is a snapshot of the financial position of AVALON TECHNOLOGIES LTD at a specified time, usually calculated after every quarter, six months, or one year. AVALON TECHNOLOGIES Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AVALON TECHNOLOGIES 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 AVALON currently owns. An asset can also be divided into two categories, current and non-current.