Datametrex Cost Of Revenue vs Net Income From Continuing Ops Analysis
DM Stock | CAD 0.01 0.01 50.00% |
Datametrex financial indicator trend analysis is much more than just examining Datametrex AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datametrex AI is a good investment. Please check the relationship between Datametrex Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datametrex AI. 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.
Cost Of Revenue vs Net Income From Continuing Ops
Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datametrex AI Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Datametrex's Cost Of Revenue and Net Income From Continuing Ops is -0.18. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Datametrex AI, assuming nothing else is changed. The correlation between historical values of Datametrex's Cost Of Revenue and Net Income From Continuing Ops 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 Datametrex AI are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., Datametrex's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Datametrex AI income statement and represents the costs associated with goods and services Datametrex 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.Net Income From Continuing Ops
Most indicators from Datametrex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datametrex AI 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datametrex AI. 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. At this time, Datametrex's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 11.7 M in 2024, despite the fact that Tax Provision is likely to grow to (363.3 K).
Datametrex fundamental ratios Correlations
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Datametrex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Datametrex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.9M | 10.0M | 42.6M | 36.0M | 12.7M | 11.2M | |
Total Current Liabilities | 5.0M | 6.1M | 9.4M | 9.4M | 7.5M | 7.8M | |
Total Stockholder Equity | 2.9M | 3.2M | 32.5M | 22.8M | 1.0M | 954.2K | |
Net Debt | 330.2K | (1.5M) | (15.1M) | (4.4M) | 4.8M | 5.1M | |
Retained Earnings | (27.7M) | (32.7M) | (23.6M) | (40.8M) | (64.8M) | (61.5M) | |
Cash | 119.7K | 2.0M | 15.4M | 8.9M | 341.2K | 324.2K | |
Cash And Short Term Investments | 119.7K | 2.0M | 18.0M | 9.4M | 1.1M | 1.1M | |
Net Receivables | 1.1M | 1.7M | 5.7M | 3.4M | 2.2M | 1.3M | |
Common Stock Shares Outstanding | 224.1M | 254.3M | 324.8M | 387.2M | 404.9M | 425.1M | |
Liabilities And Stockholders Equity | 7.9M | 10.0M | 42.6M | 36.0M | 12.7M | 11.2M | |
Total Liab | 5.0M | 6.8M | 10.2M | 13.2M | 11.7M | 12.3M | |
Total Current Assets | 1.2M | 3.9M | 23.8M | 15.6M | 3.7M | 4.7M | |
Accumulated Other Comprehensive Income | (14.9K) | (17.3K) | 8.3M | 8.1M | 8.9M | 9.4M | |
Common Stock | 27.7M | 30.7M | 47.8M | 55.5M | 56.8M | 28.6M | |
Accounts Payable | 2.1M | 3.4M | 4.7M | 2.1M | 1.5M | 1.8M | |
Other Stockholder Equity | 1.2M | 2.8M | 2.9M | 5.2M | 6.0M | 6.3M | |
Net Tangible Assets | 1.7M | (2.3M) | (3.1M) | (2.0M) | (1.8M) | (1.8M) | |
Non Current Assets Total | 6.7M | 6.1M | 18.9M | 20.4M | 9.0M | 10.5M | |
Non Currrent Assets Other | (215K) | 7.9M | 6.7M | (3.0M) | (3.5M) | (3.3M) | |
Non Current Liabilities Total | 36.4K | 698.3K | 714.6K | 3.8M | 4.2M | 4.5M | |
Other Current Assets | 58.6K | 234.3K | 125.7K | 2.8M | 221.7K | 210.6K | |
Intangible Assets | 3.0M | 2.3M | 15.6M | 10.7M | 4.0M | 6.0M | |
Property Plant Equipment | 141.5K | 159.2K | 168.1K | 141.2K | 162.4K | 138.0K | |
Short Long Term Debt Total | 449.8K | 518.6K | 253.8K | 4.5M | 5.2M | 5.4M | |
Property Plant And Equipment Net | 168.1K | 141.2K | 298.8K | 6.7M | 6.6M | 6.9M | |
Current Deferred Revenue | 207.8K | 262.5K | 34.4K | 29.0K | 26.1K | 24.8K | |
Long Term Debt | 64.6K | 20.2K | 60K | 225.1K | 258.8K | 271.8K | |
Net Invested Capital | 3.3M | 3.7M | 32.5M | 23.5M | 27.0M | 14.2M | |
Short Long Term Debt | 385.7K | 412.5K | 30K | 520.2K | 468.2K | 291.2K | |
Net Working Capital | (3.7M) | (2.2M) | 14.3M | 6.2M | 7.1M | 7.5M | |
Short Term Debt | 429.6K | 438.8K | 134.2K | 970.6K | 1.2M | 630.2K | |
Capital Stock | 27.7M | 30.7M | 47.8M | 55.5M | 63.8M | 41.4M |
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