CLAR Stock | | | USD 4.51 0.13 2.97% |
Clarus Corp financial indicator trend analysis is way more than just evaluating Clarus Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clarus Corp is a good investment. Please check the relationship between Clarus Corp Gross Profit and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Clarus 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 nation.
To learn how to invest in Clarus Stock, please use our
How to Invest in Clarus Corp guide.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Clarus Corp Gross Profit account and
Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Clarus Corp's Gross Profit and Cost Of Revenue is 0.97. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Clarus Corp, assuming nothing else is changed. The correlation between historical values of Clarus Corp's Gross Profit 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 Gross Profit of Clarus Corp 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 Gross Profit i.e., Clarus Corp's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Clarus Corp minus its cost of goods sold. It is profit before Clarus Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Cost Of Revenue
Cost of Revenue is found on Clarus Corp income statement and represents the costs associated with goods and services Clarus Corp 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 Clarus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clarus 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 Clarus 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 nation.
To learn how to invest in Clarus Stock, please use our
How to Invest in Clarus Corp guide.At this time, Clarus Corp's
Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024,
Discontinued Operations is likely to grow to about 13.7
M, while
Issuance Of Capital Stock is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 136.9M | 163.4M | 97.5M | 50.9M | Total Revenue | 375.8M | 448.1M | 286.0M | 166.8M |
Clarus Corp fundamental ratios Correlations
Click cells to compare fundamentals
Clarus Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clarus Corp fundamental ratios Accounts
Additional Tools for Clarus Stock Analysis
When running Clarus Corp's price analysis, check to
measure Clarus Corp'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 Clarus Corp is operating at the current time. Most of Clarus Corp's value examination focuses on studying past and present price action to
predict the probability of Clarus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clarus Corp's price. Additionally, you may evaluate how the addition of Clarus Corp to your portfolios can decrease your overall portfolio volatility.