Euro Net Interest Income vs Cost Of Revenue Analysis

CLWT Stock  USD 1.45  0.01  0.69%   
Euro Tech financial indicator trend analysis is much more than just examining Euro Tech Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euro Tech Holdings is a good investment. Please check the relationship between Euro Tech Net Interest Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Euro Tech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Net Interest Income vs Cost Of Revenue

Net Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euro Tech Holdings Net Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Euro Tech's Net Interest Income and Cost Of Revenue is -0.12. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Euro Tech Holdings, assuming nothing else is changed. The correlation between historical values of Euro Tech's Net Interest 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 Net Interest Income of Euro Tech Holdings 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 Net Interest Income i.e., Euro Tech's Net Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Cost Of Revenue

Cost of Revenue is found on Euro Tech Holdings income statement and represents the costs associated with goods and services Euro Tech 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 Euro Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euro Tech Holdings 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 Euro Tech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Euro Tech's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 47.2 K in 2024, whereas Enterprise Value Multiple is likely to drop 3.41 in 2024.
 2021 2023 2024 (projected)
Interest Expense3K6.3K6.0K
Depreciation And Amortization38K15K14.3K

Euro Tech fundamental ratios Correlations

-0.660.410.540.97-0.58-0.710.820.410.620.90.410.620.20.71-0.920.10.080.910.39-0.670.730.180.90.90.9
-0.66-0.15-0.11-0.740.850.5-0.530.01-0.38-0.71-0.14-0.380.21-0.630.76-0.31-0.07-0.740.030.38-0.30.26-0.81-0.77-0.78
0.41-0.150.150.36-0.14-0.60.52-0.120.540.260.250.54-0.280.6-0.420.39-0.010.280.08-0.020.470.720.290.250.26
0.54-0.110.150.36-0.1-0.480.380.810.450.260.490.450.57-0.03-0.360.030.080.290.98-0.350.750.090.330.280.29
0.97-0.740.360.36-0.67-0.650.790.260.560.930.290.570.10.79-0.940.090.10.970.2-0.660.620.090.950.960.96
-0.580.85-0.14-0.1-0.670.56-0.31-0.04-0.44-0.530.18-0.440.06-0.720.75-0.29-0.04-0.750.030.32-0.430.4-0.84-0.79-0.8
-0.710.5-0.6-0.48-0.650.56-0.58-0.4-0.96-0.42-0.31-0.950.14-0.580.63-0.60.12-0.62-0.390.15-0.85-0.25-0.72-0.66-0.67
0.82-0.530.520.380.79-0.31-0.580.320.430.810.520.430.140.56-0.770.29-0.20.60.26-0.560.490.40.650.620.62
0.410.01-0.120.810.26-0.04-0.40.320.350.170.470.350.66-0.21-0.260.14-0.210.190.81-0.260.61-0.120.250.220.22
0.62-0.380.540.450.56-0.44-0.960.430.350.330.251.0-0.250.52-0.480.5-0.080.570.38-0.010.790.290.620.60.61
0.9-0.710.260.260.93-0.53-0.420.810.170.330.350.340.090.7-0.88-0.030.00.860.1-0.670.350.10.810.850.84
0.41-0.140.250.490.290.18-0.310.520.470.250.350.250.15-0.13-0.310.050.080.150.45-0.150.330.290.10.130.12
0.62-0.380.540.450.57-0.44-0.950.430.351.00.340.25-0.250.52-0.480.5-0.080.570.38-0.010.790.290.620.610.61
0.20.21-0.280.570.10.060.140.140.66-0.250.090.15-0.25-0.21-0.18-0.320.020.060.57-0.470.3-0.210.070.030.04
0.71-0.630.6-0.030.79-0.72-0.580.56-0.210.520.7-0.130.52-0.21-0.790.190.010.81-0.18-0.390.420.20.810.80.81
-0.920.76-0.42-0.36-0.940.750.63-0.77-0.26-0.48-0.88-0.31-0.48-0.18-0.79-0.12-0.06-0.9-0.20.64-0.6-0.02-0.91-0.89-0.9
0.1-0.310.390.030.09-0.29-0.60.290.140.5-0.030.050.5-0.320.19-0.12-0.530.030.020.320.280.020.240.10.12
0.08-0.07-0.010.080.1-0.040.12-0.2-0.21-0.080.00.08-0.080.020.01-0.06-0.530.220.07-0.250.170.020.060.120.11
0.91-0.740.280.290.97-0.75-0.620.60.190.570.860.150.570.060.81-0.90.030.220.14-0.60.61-0.040.960.990.98
0.390.030.080.980.20.03-0.390.260.810.380.10.450.380.57-0.18-0.20.020.070.14-0.250.680.090.170.120.13
-0.670.38-0.02-0.35-0.660.320.15-0.56-0.26-0.01-0.67-0.15-0.01-0.47-0.390.640.32-0.25-0.6-0.25-0.37-0.02-0.56-0.55-0.55
0.73-0.30.470.750.62-0.43-0.850.490.610.790.350.330.790.30.42-0.60.280.170.610.68-0.370.230.650.590.6
0.180.260.720.090.090.4-0.250.4-0.120.290.10.290.29-0.210.2-0.020.020.02-0.040.09-0.020.23-0.11-0.08-0.09
0.9-0.810.290.330.95-0.84-0.720.650.250.620.810.10.620.070.81-0.910.240.060.960.17-0.560.65-0.110.980.98
0.9-0.770.250.280.96-0.79-0.660.620.220.60.850.130.610.030.8-0.890.10.120.990.12-0.550.59-0.080.981.0
0.9-0.780.260.290.96-0.8-0.670.620.220.610.840.120.610.040.81-0.90.120.110.980.13-0.550.6-0.090.981.0
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Euro Tech Account Relationship Matchups

Euro Tech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.2M20.1M21.3M19.4M22.1M20.9M
Other Current Liab1.1M1.6M2.5M1.7M1.8M2.4M
Total Current Liabilities6.7M5.5M6.4M4.5M5.6M6.6M
Total Stockholder Equity14.5M13.9M13.9M13.8M15.6M13.1M
Property Plant And Equipment Net1.1M492K453K398K401K381.0K
Net Debt(5.0M)(2.9M)(4.7M)(5.2M)(6.3M)(6.6M)
Retained Earnings4.3M3.8M3.8M3.6M5.5M5.5M
Accounts Payable3.9M2.4M3.2M2.3M3.5M3.7M
Cash6.0M3.5M5.3M5.6M6.6M5.4M
Non Current Assets Total10.2M9.6M9.7M9.9M11.6M8.7M
Non Currrent Assets Other9.5M71K(9.6M)85K144K136.8K
Cash And Short Term Investments6.0M3.5M5.3M5.6M6.6M5.4M
Net Receivables4.3M3.9M3.9M2.0M3.1M4.5M
Common Stock Shares Outstanding5.8M7.7M7.7M7.7M7.7M6.9M
Liabilities And Stockholders Equity22.2M20.1M21.3M19.4M22.1M20.9M
Inventory586K342K547K603K723K934.1K
Other Current Assets1.2M2.7M1.8M1.3M108K102.6K
Other Stockholder Equity8.8M8.8M8.9M8.9M9.0M7.1M
Total Liab6.9M5.6M6.4M4.6M5.6M6.7M
Property Plant And Equipment Gross1.1M492K1.7M1.5M1.5M1.2M
Total Current Assets12.0M10.4M11.5M9.5M10.5M12.4M
Accumulated Other Comprehensive Income1.2M1.2M1.1M1.1M1.1M586.9K
Short Term Debt735K479K551K335K324K377.3K
Current Deferred Revenue900K1.1M1.1M630K650K863.1K
Property Plant Equipment754K1.1M492K453K407.7K387.3K
Net Tangible Assets13.5M13.4M12.9M12.8M11.5M11.1M
Long Term Investments7.9M8.1M8.1M8.3M9.9M7.6M
Short Long Term Debt565K361K376K222K154K146.3K
Capital Lease Obligations386K212K216K200K214K150.1K

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Additional Tools for Euro Stock Analysis

When running Euro Tech's price analysis, check to measure Euro Tech'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 Euro Tech is operating at the current time. Most of Euro Tech's value examination focuses on studying past and present price action to predict the probability of Euro Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euro Tech's price. Additionally, you may evaluate how the addition of Euro Tech to your portfolios can decrease your overall portfolio volatility.