Belmont Cost Of Revenue vs Selling General Administrative Analysis
BEA Stock | CAD 0.01 0.01 25.00% |
Belmont Resources financial indicator trend analysis is way more than just evaluating Belmont Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Belmont Resources is a good investment. Please check the relationship between Belmont Resources Cost Of Revenue and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belmont Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cost Of Revenue vs Selling General Administrative
Cost Of Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belmont Resources Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Belmont Resources' Cost Of Revenue and Selling General Administrative is 0.75. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Belmont Resources, assuming nothing else is changed. The correlation between historical values of Belmont Resources' Cost Of Revenue and Selling General Administrative 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 Belmont Resources are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Belmont Resources' Cost Of Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Belmont Resources income statement and represents the costs associated with goods and services Belmont Resources 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.Selling General Administrative
Most indicators from Belmont Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belmont Resources 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 Belmont Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Belmont Resources' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 466.3 K in 2024.
Belmont Resources fundamental ratios Correlations
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Belmont Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Belmont Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4M | 2.2M | 2.7M | 2.7M | 3.3M | 1.9M | |
Total Current Liabilities | 491.8K | 341.9K | 447.6K | 346.4K | 621.1K | 652.1K | |
Total Stockholder Equity | 932.3K | 1.9M | 2.2M | 2.3M | 2.7M | 1.7M | |
Property Plant And Equipment Net | 1.2M | 1.5M | 1.9M | 2.3M | 10.7K | 10.2K | |
Net Debt | 76.3K | (441.6K) | (379.5K) | (145.2K) | (223.2K) | (234.4K) | |
Retained Earnings | (23.1M) | (23.7M) | (24.0M) | (24.6M) | (25.1M) | (26.4M) | |
Accounts Payable | 127.9K | 64.6K | 33.3K | 38.3K | 160.3K | 168.3K | |
Cash | 15.1K | 441.6K | 379.5K | 145.2K | 223.2K | 219.7K | |
Non Current Assets Total | 1.4M | 1.7M | 2.0M | 2.4M | 3.0M | 3.1M | |
Cash And Short Term Investments | 17.2K | 445.6K | 619.1K | 260.4K | 301.7K | 572.3K | |
Net Receivables | 2.4K | 42.8K | 12.7K | 5.5K | 6.8K | 6.5K | |
Common Stock Shares Outstanding | 14.2M | 30.9M | 47.7M | 63.9M | 72.1M | 75.7M | |
Liabilities And Stockholders Equity | 1.4M | 2.2M | 2.7M | 2.7M | 3.3M | 1.9M | |
Other Current Assets | 2.4K | 1.9K | 8.0K | 5.5K | 8.6K | 8.2K | |
Other Stockholder Equity | 1.3M | 1.4M | 1.6M | 1.6M | 1.5M | 1.4M | |
Total Liab | 491.8K | 341.9K | 447.6K | 346.4K | 621.1K | 652.1K | |
Total Current Assets | 22.0K | 490.3K | 639.9K | 271.4K | 317.2K | 301.3K | |
Other Current Liab | 272.5K | 277.4K | 414.4K | 308.1K | 460.8K | 483.8K | |
Short Term Investments | 2.2K | 4.0K | 239.6K | 115.2K | 78.5K | 74.6K | |
Accumulated Other Comprehensive Income | 1.4M | 1.6M | 1.6M | 1.5M | 1.6M | 1.6M | |
Net Tangible Assets | 1.0M | 932.3K | 1.9M | 2.2M | 2.6M | 2.7M | |
Other Assets | 203.1K | 185.9K | 193.6K | 98.0K | 112.6K | 108.3K | |
Common Stock | 22.6M | 24.0M | 24.6M | 25.4M | 26.2M | 24.2M | |
Property Plant Equipment | 949.9K | 1.2M | 1.5M | 1.9M | 2.2M | 2.3M | |
Net Invested Capital | 1.0M | 1.9M | 2.2M | 2.3M | 2.7M | 1.8M | |
Net Working Capital | (469.8K) | 148.4K | 192.3K | (75.0K) | (303.9K) | (288.7K) | |
Capital Stock | 22.6M | 24.0M | 24.6M | 25.4M | 26.2M | 26.6M |
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When running Belmont Resources' price analysis, check to measure Belmont Resources' 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 Belmont Resources is operating at the current time. Most of Belmont Resources' value examination focuses on studying past and present price action to predict the probability of Belmont Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belmont Resources' price. Additionally, you may evaluate how the addition of Belmont Resources to your portfolios can decrease your overall portfolio volatility.