Eve Cost Of Revenue vs Depreciation And Amortization Analysis
| EVEX Stock | USD 4.03 0.68 20.30% |
Eve Holding financial indicator trend analysis is much more than just examining Eve Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eve Holding is a good investment. Please check the relationship between Eve Holding Cost Of Revenue and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eve Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.
Cost Of Revenue vs Depreciation And Amortization
Cost Of Revenue vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eve Holding Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eve Holding's Cost Of Revenue and Depreciation And Amortization is 0.62. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Eve Holding, assuming nothing else is changed. The correlation between historical values of Eve Holding's Cost Of Revenue and Depreciation And Amortization 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 Eve Holding are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Eve Holding's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Eve Holding income statement and represents the costs associated with goods and services Eve Holding 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.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Eve Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eve Holding 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 Eve Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.At this time, Eve Holding's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 28.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (16.68) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 107.9K | 24.9K | 166.6K | 174.9K | Total Operating Expenses | 15.8M | 78.5M | 128.7M | 135.1M |
Eve Holding fundamental ratios Correlations
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Eve Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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