CLBS Stock | | | 302.50 0.50 0.17% |
Celebrus Technologies financial indicator trend analysis is way more than just evaluating Celebrus Technologies plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celebrus Technologies plc is a good investment. Please check the relationship between Celebrus Technologies Operating Income and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Celebrus Technologies plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Operating Income vs Cost Of Revenue
Operating Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Celebrus Technologies plc Operating Income account and
Cost Of Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Celebrus Technologies' Operating Income and Cost Of Revenue is 0.18. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Celebrus Technologies plc, assuming nothing else is changed. The correlation between historical values of Celebrus Technologies' Operating Income 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 Operating Income of Celebrus Technologies plc 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 Operating Income i.e., Celebrus Technologies' Operating Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Celebrus Technologies plc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Celebrus Technologies plc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Cost Of Revenue
Cost of Revenue is found on Celebrus Technologies plc income statement and represents the costs associated with goods and services Celebrus Technologies 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 Celebrus Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celebrus Technologies plc 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 Celebrus Technologies plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 12.5
M in 2024
Celebrus Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Celebrus Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Celebrus Technologies fundamental ratios Accounts
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Additional Tools for Celebrus Stock Analysis
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measure Celebrus Technologies' 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 Celebrus Technologies is operating at the current time. Most of Celebrus Technologies' value examination focuses on studying past and present price action to
predict the probability of Celebrus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celebrus Technologies' price. Additionally, you may evaluate how the addition of Celebrus Technologies to your portfolios can decrease your overall portfolio volatility.