Elementos Total Revenue vs Gross Profit Analysis

ELTLF Stock  USD 0.05  0.00  0.00%   
Elementos financial indicator trend analysis is much more than just examining Elementos Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elementos Limited is a good investment. Please check the relationship between Elementos Total Revenue and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elementos Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elementos Limited Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Elementos' Total Revenue and Gross Profit is 0.72. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Elementos Limited, assuming nothing else is changed. The correlation between historical values of Elementos' Total Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Elementos Limited are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., Elementos' Total Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Elementos Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Elementos Limited minus its cost of goods sold. It is profit before Elementos 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.
Most indicators from Elementos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elementos Limited 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 Elementos Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Elementos' Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Elementos' current Enterprise Value is estimated to increase to about 26 M, while Selling General Administrative is projected to decrease to roughly 1.1 M.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation44.6K51.3K59.0K62.0K
Interest Income1.2K38.7K44.5K46.7K

Elementos fundamental ratios Correlations

0.511.01.0-0.650.90.530.880.830.390.550.950.97-0.110.940.930.940.87-0.170.91-0.30.890.730.930.87-0.68
0.510.430.43-0.450.710.380.490.210.940.40.460.47-0.090.510.480.530.680.250.710.590.560.350.490.33-0.1
1.00.431.0-0.630.870.530.880.850.30.550.950.96-0.10.930.920.930.83-0.240.88-0.380.880.750.920.88-0.69
1.00.431.0-0.630.870.530.880.850.30.550.950.96-0.10.930.920.930.83-0.240.88-0.380.880.750.920.88-0.69
-0.65-0.45-0.63-0.63-0.61-0.11-0.66-0.64-0.4-0.13-0.83-0.70.53-0.69-0.78-0.74-0.73-0.01-0.750.12-0.75-0.6-0.74-0.670.37
0.90.710.870.87-0.610.480.790.650.560.510.850.87-0.010.880.770.840.8-0.150.84-0.050.80.620.810.73-0.57
0.530.380.530.53-0.110.480.630.30.211.00.370.30.40.340.320.310.39-0.330.440.00.540.690.520.37-0.04
0.880.490.880.88-0.660.790.630.610.390.660.860.81-0.10.760.780.770.82-0.110.85-0.290.860.870.860.71-0.44
0.830.210.850.85-0.640.650.30.610.150.310.850.84-0.070.850.880.860.7-0.150.71-0.460.720.480.780.84-0.72
0.390.940.30.3-0.40.560.210.390.150.220.360.39-0.130.450.420.480.690.560.650.620.440.150.360.21-0.07
0.550.40.550.55-0.130.511.00.660.310.220.390.320.420.350.320.320.41-0.330.46-0.020.560.710.530.38-0.04
0.950.460.950.95-0.830.850.370.860.850.360.390.96-0.30.940.960.950.86-0.160.91-0.320.890.730.920.88-0.7
0.970.470.960.96-0.70.870.30.810.840.390.320.96-0.260.960.960.970.86-0.090.9-0.330.860.630.90.88-0.72
-0.11-0.09-0.1-0.10.53-0.010.4-0.1-0.07-0.130.42-0.3-0.26-0.19-0.37-0.28-0.31-0.13-0.3-0.03-0.25-0.2-0.24-0.220.15
0.940.510.930.93-0.690.880.340.760.850.450.350.940.96-0.190.920.990.87-0.020.9-0.280.840.530.880.87-0.73
0.930.480.920.92-0.780.770.320.780.880.420.320.960.96-0.370.920.970.90.00.93-0.260.870.640.90.86-0.68
0.940.530.930.93-0.740.840.310.770.860.480.320.950.97-0.280.990.970.910.030.93-0.240.860.560.890.87-0.71
0.870.680.830.83-0.730.80.390.820.70.690.410.860.86-0.310.870.90.910.270.95-0.020.840.610.840.72-0.53
-0.170.25-0.24-0.24-0.01-0.15-0.33-0.11-0.150.56-0.33-0.16-0.09-0.13-0.020.00.030.270.080.36-0.13-0.41-0.18-0.220.14
0.910.710.880.88-0.750.840.440.850.710.650.460.910.9-0.30.90.930.930.950.08-0.050.880.670.880.77-0.56
-0.30.59-0.38-0.380.12-0.050.0-0.29-0.460.62-0.02-0.32-0.33-0.03-0.28-0.26-0.24-0.020.36-0.05-0.22-0.25-0.33-0.460.38
0.890.560.880.88-0.750.80.540.860.720.440.560.890.86-0.250.840.870.860.84-0.130.88-0.220.820.990.92-0.37
0.730.350.750.75-0.60.620.690.870.480.150.710.730.63-0.20.530.640.560.61-0.410.67-0.250.820.810.66-0.23
0.930.490.920.92-0.740.810.520.860.780.360.530.920.9-0.240.880.90.890.84-0.180.88-0.330.990.810.96-0.47
0.870.330.880.88-0.670.730.370.710.840.210.380.880.88-0.220.870.860.870.72-0.220.77-0.460.920.660.96-0.52
-0.68-0.1-0.69-0.690.37-0.57-0.04-0.44-0.72-0.07-0.04-0.7-0.720.15-0.73-0.68-0.71-0.530.14-0.560.38-0.37-0.23-0.47-0.52
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Elementos Account Relationship Matchups

Elementos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9M17.2M20.9M23.0M26.4M27.7M
Total Current Liabilities1.8M2.7M860.1K1.0M1.2M794.2K
Total Stockholder Equity7.0M14.6M20.0M21.9M25.2M26.5M
Net Tangible Assets7.0M14.6M20.0M21.9M25.2M26.5M
Retained Earnings(12.6M)(14.2M)(16.5M)(18.7M)(16.8M)(16.0M)
Accounts Payable504.0K1.1M736.5K933.4K1.1M1.1M
Cash199.2K5.5M6.3M3.4M3.1M2.2M
Net Receivables138.3K227.3K563.6K287.3K330.4K347.0K
Other Stockholder Equity(51.1K)78.6K328.2K1.4M1.6M1.6M
Total Liab2.9M2.7M867.2K1.0M1.2M924.9K
Total Current Assets337.4K5.8M6.9M3.7M3.4M2.3M
Common Stock19.7M28.7M36.2M39.3M45.2M47.4M
Property Plant Equipment9.5M11.4M14.0M19.1M21.9M23.0M
Other Assets80K76.5K74.2K145.0K166.7K175.0K
Non Current Assets Total9.5M11.5M14.0M19.2M22.1M23.2M
Non Currrent Assets Other80K76.5K74.2K145.0K166.7K175.0K
Capital Lease Obligations21.9K16.1K58.2K7.1K8.1K7.7K
Property Plant And Equipment Gross9.5M11.4M14.0M19.1M21.9M23.0M
Common Stock Shares Outstanding2.5B3.9B177.1M194.7M175.3M166.5M
Net Invested Capital9.3M16.1M20.0M21.9M25.2M13.3M
Net Working Capital(1.4M)3.1M6.0M2.7M3.1M1.8M
Capital Stock19.7M28.7M36.2M39.3M45.2M30.9M

Currently Active Assets on Macroaxis

When determining whether Elementos Limited is a strong investment it is important to analyze Elementos' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elementos' future performance. For an informed investment choice regarding Elementos Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elementos Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elementos. If investors know Elementos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elementos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth
(0.56)
Return On Assets
(0.03)
Return On Equity
(0.06)
The market value of Elementos Limited is measured differently than its book value, which is the value of Elementos that is recorded on the company's balance sheet. Investors also form their own opinion of Elementos' value that differs from its market value or its book value, called intrinsic value, which is Elementos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elementos' market value can be influenced by many factors that don't directly affect Elementos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elementos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elementos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elementos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.