| CEIX Stock | | | USD 132.64 6.63 5.26% |
Consol Energy financial indicator trend analysis is way more than just evaluating Consol Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Consol Energy is a good investment. Please check the relationship between Consol Energy Cost Of Revenue and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Consol Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Consol Stock please use our
How to Invest in Consol Energy guide.
Cost Of Revenue vs Other Operating Expenses
Cost Of Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Consol Energy Cost Of Revenue account and
Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Consol Energy's Cost Of Revenue and Other Operating Expenses is 0.4. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Consol Energy, assuming nothing else is changed. The correlation between historical values of Consol Energy's Cost Of Revenue and Other Operating Expenses 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 Consol Energy are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Consol Energy's Cost Of Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Consol Energy income statement and represents the costs associated with goods and services Consol Energy 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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Consol Energy. It is also known as Consol Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Consol Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Consol Energy 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 Consol Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Consol Stock please use our
How to Invest in Consol Energy guide.At this time, Consol Energy's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.04 in 2024, whereas
Selling General Administrative is likely to drop slightly above 84.7
M in 2024.
Consol Energy fundamental ratios Correlations
Click cells to compare fundamentals
Consol Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Consol Energy fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Consol Stock Analysis
When running Consol Energy's price analysis, check to
measure Consol Energy'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 Consol Energy is operating at the current time. Most of Consol Energy's value examination focuses on studying past and present price action to
predict the probability of Consol Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consol Energy's price. Additionally, you may evaluate how the addition of Consol Energy to your portfolios can decrease your overall portfolio volatility.