ESGL Total Revenue vs Cost Of Revenue Analysis

ESGLW Stock   0.02  0  22.82%   
ESGL Holdings financial indicator trend analysis is much more than just examining ESGL Holdings Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESGL Holdings Limited is a good investment. Please check the relationship between ESGL Holdings Total Revenue and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESGL Holdings 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 Cost Of Revenue

Total Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESGL Holdings Limited Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ESGL Holdings' Total Revenue and Cost Of Revenue is 0.92. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of ESGL Holdings Limited, assuming nothing else is changed. The correlation between historical values of ESGL Holdings' Total Revenue 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 Total Revenue of ESGL Holdings Limited 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 Total Revenue i.e., ESGL Holdings' Total Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts ESGL Holdings 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.

Cost Of Revenue

Cost of Revenue is found on ESGL Holdings Limited income statement and represents the costs associated with goods and services ESGL Holdings 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 ESGL Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESGL Holdings 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 ESGL Holdings 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.
Tax Provision is likely to climb to about 139.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.6M3.2M4.3M3.1M
Total Revenue4.0M5.0M6.2M4.9M

ESGL Holdings fundamental ratios Correlations

0.890.91.00.31-0.71-0.30.931.0-0.250.670.980.9-0.930.930.911.00.51-0.640.65-0.850.96-0.89
0.890.610.870.31-0.88-0.320.940.89-0.230.910.840.75-0.891.00.670.890.53-0.560.79-0.920.94-0.9
0.90.610.910.21-0.42-0.20.730.9-0.20.320.920.87-0.770.670.940.90.35-0.570.38-0.610.79-0.71
1.00.870.910.32-0.69-0.320.931.0-0.280.650.990.9-0.930.910.921.00.52-0.660.63-0.840.95-0.88
0.310.310.210.320.0-0.950.460.34-0.930.030.42-0.1-0.340.340.490.30.86-0.76-0.04-0.260.44-0.05
-0.71-0.88-0.42-0.690.00.1-0.76-0.70.04-0.87-0.65-0.650.83-0.86-0.47-0.72-0.410.45-0.980.94-0.730.94
-0.3-0.32-0.2-0.32-0.950.1-0.51-0.340.99-0.05-0.440.10.44-0.35-0.5-0.3-0.920.84-0.090.34-0.390.12
0.930.940.730.930.46-0.76-0.510.94-0.440.770.930.76-0.960.960.820.930.65-0.710.68-0.880.93-0.85
1.00.890.91.00.34-0.7-0.340.94-0.290.660.990.89-0.930.930.921.00.53-0.660.64-0.850.97-0.88
-0.25-0.23-0.2-0.28-0.930.040.99-0.44-0.290.06-0.40.150.4-0.26-0.5-0.26-0.910.85-0.050.29-0.330.07
0.670.910.320.650.03-0.87-0.050.770.660.060.570.65-0.690.870.330.680.24-0.210.77-0.780.73-0.79
0.980.840.920.990.42-0.65-0.440.930.99-0.40.570.84-0.940.890.960.980.61-0.750.6-0.830.94-0.84
0.90.750.870.9-0.1-0.650.10.760.890.150.650.84-0.780.780.740.90.1-0.290.58-0.690.79-0.84
-0.93-0.89-0.77-0.93-0.340.830.44-0.96-0.930.4-0.69-0.94-0.78-0.92-0.85-0.93-0.650.76-0.80.94-0.890.92
0.931.00.670.910.34-0.86-0.350.960.93-0.260.870.890.78-0.920.740.930.56-0.60.77-0.920.96-0.91
0.910.670.940.920.49-0.47-0.50.820.92-0.50.330.960.74-0.850.740.910.65-0.810.45-0.710.85-0.72
1.00.890.91.00.3-0.72-0.30.931.0-0.260.680.980.9-0.930.930.910.5-0.640.65-0.850.96-0.89
0.510.530.350.520.86-0.41-0.920.650.53-0.910.240.610.1-0.650.560.650.5-0.960.42-0.640.61-0.43
-0.64-0.56-0.57-0.66-0.760.450.84-0.71-0.660.85-0.21-0.75-0.290.76-0.6-0.81-0.64-0.96-0.470.7-0.670.54
0.650.790.380.63-0.04-0.98-0.090.680.64-0.050.770.60.58-0.80.770.450.650.42-0.47-0.930.66-0.91
-0.85-0.92-0.61-0.84-0.260.940.34-0.88-0.850.29-0.78-0.83-0.690.94-0.92-0.71-0.85-0.640.7-0.93-0.870.96
0.960.940.790.950.44-0.73-0.390.930.97-0.330.730.940.79-0.890.960.850.960.61-0.670.66-0.87-0.86
-0.89-0.9-0.71-0.88-0.050.940.12-0.85-0.880.07-0.79-0.84-0.840.92-0.91-0.72-0.89-0.430.54-0.910.96-0.86
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ESGL Holdings Account Relationship Matchups

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