CARGO Net Income vs Cost Of Revenue Analysis
| CRGX Stock | 16.23 0.50 3.18% |
CARGO Therapeutics, financial indicator trend analysis is way more than just evaluating CARGO Therapeutics, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CARGO Therapeutics, is a good investment. Please check the relationship between CARGO Therapeutics, Net Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CARGO Therapeutics, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Net Income vs Cost Of Revenue
Net Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CARGO Therapeutics, Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between CARGO Therapeutics,'s Net Income and Cost Of Revenue is -0.95. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of CARGO Therapeutics, Common, assuming nothing else is changed. The correlation between historical values of CARGO Therapeutics,'s Net 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 Income of CARGO Therapeutics, Common 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 Income i.e., CARGO Therapeutics,'s Net Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.95 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CARGO Therapeutics, financial statement analysis. It represents the amount of money remaining after all of CARGO Therapeutics, Common operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cost Of Revenue
Cost of Revenue is found on CARGO Therapeutics, income statement and represents the costs associated with goods and services CARGO Therapeutics, 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 CARGO Therapeutics,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CARGO Therapeutics, 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 CARGO Therapeutics, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, CARGO Therapeutics,'s Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 521.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (6.51) in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 6.0M | 34.8M | 96.7M | 50.4M | Cost Of Revenue | 147K | 1.4M | 3.7M | 1.9M |
CARGO Therapeutics, fundamental ratios Correlations
Click cells to compare fundamentals
CARGO Therapeutics, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running CARGO Therapeutics,'s price analysis, check to measure CARGO Therapeutics,'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 CARGO Therapeutics, is operating at the current time. Most of CARGO Therapeutics,'s value examination focuses on studying past and present price action to predict the probability of CARGO Therapeutics,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CARGO Therapeutics,'s price. Additionally, you may evaluate how the addition of CARGO Therapeutics, to your portfolios can decrease your overall portfolio volatility.