EVgo Selling General Administrative vs Cost Of Revenue Analysis
EVGOW Stock | USD 1.11 0.05 4.72% |
EVgo Equity financial indicator trend analysis is much more than just examining EVgo Equity Warrants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EVgo Equity Warrants is a good investment. Please check the relationship between EVgo Equity Selling General Administrative and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVgo Equity Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Selling General Administrative vs Cost Of Revenue
Selling General Administrative vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVgo Equity Warrants Selling General Administrative account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between EVgo Equity's Selling General Administrative and Cost Of Revenue is 0.78. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of EVgo Equity Warrants, assuming nothing else is changed. The correlation between historical values of EVgo Equity's Selling General Administrative 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 Selling General Administrative of EVgo Equity Warrants 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 Selling General Administrative i.e., EVgo Equity's Selling General Administrative and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Cost Of Revenue
Cost of Revenue is found on EVgo Equity Warrants income statement and represents the costs associated with goods and services EVgo Equity 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 EVgo Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EVgo Equity Warrants 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 EVgo Equity Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, EVgo Equity's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 87.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 83.0M | 143.9M | 163.1M | 100.4M | Cost Of Revenue | 29.0M | 60.2M | 151.2M | 158.8M |
EVgo Equity fundamental ratios Correlations
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EVgo Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for EVgo Stock Analysis
When running EVgo Equity's price analysis, check to measure EVgo Equity'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 EVgo Equity is operating at the current time. Most of EVgo Equity's value examination focuses on studying past and present price action to predict the probability of EVgo Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVgo Equity's price. Additionally, you may evaluate how the addition of EVgo Equity to your portfolios can decrease your overall portfolio volatility.