CEADW Stock | | | USD 0.01 0 34.17% |
CEA Industries financial indicator trend analysis is way more than just evaluating CEA Industries Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CEA Industries Warrant is a good investment. Please check the relationship between CEA Industries Ebitda and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Ebitda vs Cost Of Revenue
Ebitda vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CEA Industries Warrant Ebitda account and
Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CEA Industries' Ebitda and Cost Of Revenue is -0.4. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of CEA Industries Warrant, assuming nothing else is changed. The correlation between historical values of CEA Industries' Ebitda 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 Ebitda of CEA Industries Warrant 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 Ebitda i.e., CEA Industries' Ebitda and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ebitda
Cost Of Revenue
Cost of Revenue is found on CEA Industries Warrant income statement and represents the costs associated with goods and services CEA Industries 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 CEA Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CEA Industries Warrant 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At this time, CEA Industries'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 2.87 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.43 in 2024.
CEA Industries fundamental ratios Correlations
Click cells to compare fundamentals
CEA Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CEA Industries fundamental ratios Accounts
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Additional Tools for CEA Stock Analysis
When running CEA Industries' price analysis, check to
measure CEA Industries' 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 CEA Industries is operating at the current time. Most of CEA Industries' value examination focuses on studying past and present price action to
predict the probability of CEA Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEA Industries' price. Additionally, you may evaluate how the addition of CEA Industries to your portfolios can decrease your overall portfolio volatility.