Chijet Cost Of Revenue vs Income Before Tax Analysis
| CJET Stock | 2.06 0.04 1.98% |
Chijet financial indicator trend analysis is way more than just evaluating Chijet Motor , prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chijet Motor , is a good investment. Please check the relationship between Chijet Cost Of Revenue and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chijet Motor Company,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Cost Of Revenue vs Income Before Tax
Cost Of Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chijet Motor , Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chijet's Cost Of Revenue and Income Before Tax is 0.96. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Chijet Motor Company,, assuming nothing else is changed. The correlation between historical values of Chijet's Cost Of Revenue and Income Before Tax 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 Chijet Motor Company, are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Chijet's Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Chijet Motor , income statement and represents the costs associated with goods and services Chijet 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Chijet income statement and is an important metric when analyzing Chijet Motor , profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Chijet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chijet Motor , 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 Chijet Motor Company,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Selling General Administrative is likely to gain to about 54.3 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (10.19) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 54.3M | 44.7M | 34.6M | 38.4M | Interest Income | 1.9M | 840K | 681K | 647.0K |
Chijet fundamental ratios Correlations
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Chijet Account Relationship Matchups
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When running Chijet's price analysis, check to measure Chijet'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 Chijet is operating at the current time. Most of Chijet's value examination focuses on studying past and present price action to predict the probability of Chijet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chijet's price. Additionally, you may evaluate how the addition of Chijet to your portfolios can decrease your overall portfolio volatility.