Codere Cost Of Revenue vs Total Revenue Analysis
CDRO Stock | USD 7.72 0.12 1.58% |
Codere Online financial indicator trend analysis is way more than just evaluating Codere Online Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Codere Online Corp is a good investment. Please check the relationship between Codere Online Cost Of Revenue and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codere Online Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Cost Of Revenue vs Total Revenue
Cost Of Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Codere Online Corp Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Codere Online's Cost Of Revenue and Total Revenue is -0.78. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Codere Online Corp, assuming nothing else is changed. The correlation between historical values of Codere Online's Cost Of Revenue and Total 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 Codere Online Corp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Cost Of Revenue i.e., Codere Online's Cost Of Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Codere Online Corp income statement and represents the costs associated with goods and services Codere Online 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.Total Revenue
Total revenue comprises all receipts Codere Online Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Codere Online's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Codere Online Corp 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 Codere Online Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of the 26th of November 2024, Tax Provision is likely to grow to about 3.6 M, while Selling General Administrative is likely to drop about 40.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 721K | 556K | 500.4K | 667.0K | Interest Income | 4.5M | 25.1M | 22.6M | 14.7M |
Codere Online fundamental ratios Correlations
Click cells to compare fundamentals
Codere Online Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Codere Online fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.2M | 18.5M | 105.3M | 69.3M | 79.7M | 60.2M | |
Short Long Term Debt Total | 51.7M | 39.2M | 3.0M | 5.0M | 4.5M | 4.2M | |
Other Current Liab | 5.4M | 4.7M | 8.0M | 9.0M | 10.3M | 6.5M | |
Total Current Liabilities | 54.1M | 37.0M | 31.6M | 42.8M | 38.5M | 33.2M | |
Total Stockholder Equity | (31.4M) | (40.0M) | 68.0M | 24.4M | 28.1M | 29.5M | |
Property Plant And Equipment Net | 92K | 116K | 133K | 971K | 1.1M | 1.2M | |
Net Debt | 43.7M | 28.3M | (91.9M) | (48.9M) | (44.0M) | (41.8M) | |
Accounts Payable | 18.5M | 13.0M | 19.7M | 23.8M | 27.4M | 19.1M | |
Cash | 8.0M | 10.9M | 94.9M | 53.8M | 61.9M | 37.5M | |
Non Current Assets Total | 2.1M | 1.2M | 606K | 983K | 884.7K | 1.3M | |
Cash And Short Term Investments | 12.4M | 15.7M | 98.8M | 53.8M | 61.9M | 40.9M | |
Net Receivables | 29.5M | 835K | 3.3M | 4.2M | 3.8M | 3.6M | |
Short Term Investments | 4.4M | 4.8M | 3.9M | 6.8M | 7.8M | 4.9M | |
Liabilities And Stockholders Equity | 44.2M | 18.5M | 105.3M | 69.3M | 79.7M | 60.2M | |
Other Current Assets | 231K | 254K | 739K | 677K | 778.6K | 596.0K | |
Other Stockholder Equity | (13.8M) | (7.1M) | 106.9M | 106.9M | 123.0M | 129.1M | |
Total Liab | 75.6M | 58.5M | 37.1M | 44.8M | 40.3M | 43.4M | |
Net Invested Capital | 20.2M | (799K) | 71.0M | 29.4M | 33.8M | 30.8M | |
Short Long Term Debt | 30.2M | 17.8M | 3.0M | 4.2M | 3.8M | 3.6M | |
Total Current Assets | 42.1M | 17.3M | 104.7M | 68.3M | 78.6M | 58.4M | |
Net Working Capital | (12.0M) | (19.7M) | 73.1M | 25.6M | 29.4M | 30.9M | |
Short Term Debt | 30.2M | 17.8M | 3.0M | 4.2M | 3.8M | 3.6M | |
Intangible Assets | 2.0M | 1.1M | 469K | 10K | 9K | 8.6K |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codere Online Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Codere Online. If investors know Codere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Revenue Per Share 3.083 | Quarterly Revenue Growth 0.456 | Return On Assets (0.32) | Return On Equity (0.82) |
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Codere Online's market value can be influenced by many factors that don't directly affect Codere Online's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Codere Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.