BitFuFu Capex To Revenue vs Cost Of Revenue Analysis

FUFU Stock   5.01  0.25  4.75%   
BitFuFu financial indicator trend analysis is way more than just evaluating BitFuFu Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BitFuFu Class A is a good investment. Please check the relationship between BitFuFu Capex To Revenue and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Capex To Revenue vs Cost Of Revenue

Capex To Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Class A Capex To Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BitFuFu's Capex To Revenue and Cost Of Revenue is -0.45. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of BitFuFu Class A, assuming nothing else is changed. The correlation between historical values of BitFuFu's Capex To 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 Capex To Revenue of BitFuFu Class A 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 Capex To Revenue i.e., BitFuFu's Capex To Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Cost Of Revenue

Cost of Revenue is found on BitFuFu Class A income statement and represents the costs associated with goods and services BitFuFu 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 BitFuFu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitFuFu Class A 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 BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Tax Provision is likely to gain to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.0M36.2M12.7M16.0M
Total Revenue103.0M198.2M284.1M161.3M

BitFuFu fundamental ratios Correlations

0.330.11.00.180.36-0.120.560.380.950.630.660.440.910.540.840.860.39-0.970.450.9-0.540.44
0.33-0.780.37-0.45-0.75-0.18-0.58-0.480.54-0.47-0.48-0.69-0.02-0.610.78-0.18-0.73-0.54-0.68-0.11-0.97-0.66
0.1-0.780.050.060.89-0.380.710.25-0.150.830.640.860.380.77-0.420.540.880.120.860.480.720.81
1.00.370.050.180.32-0.10.520.370.970.590.630.410.890.510.860.850.35-0.980.420.88-0.570.4
0.18-0.450.060.180.470.870.590.950.120.260.610.460.330.55-0.070.380.47-0.090.470.360.260.46
0.36-0.750.890.320.47-0.010.940.650.130.930.911.00.630.97-0.20.781.0-0.140.990.730.60.94
-0.12-0.18-0.38-0.10.87-0.010.110.69-0.05-0.250.15-0.03-0.080.06-0.09-0.08-0.020.1-0.03-0.080.07-0.03
0.56-0.580.710.520.590.940.110.790.320.910.960.950.820.970.030.870.94-0.350.950.840.370.98
0.38-0.480.250.370.950.650.690.790.260.50.790.650.580.740.030.610.65-0.250.660.590.260.69
0.950.54-0.150.970.120.13-0.050.320.260.420.480.220.740.330.940.720.16-0.990.230.76-0.720.17
0.63-0.470.830.590.260.93-0.250.910.50.420.920.950.80.950.120.920.94-0.440.950.890.30.9
0.66-0.480.640.630.610.910.150.960.790.480.920.940.830.980.160.930.92-0.480.940.910.260.89
0.44-0.690.860.410.461.0-0.030.950.650.220.950.940.690.99-0.110.831.0-0.231.00.790.520.95
0.91-0.020.380.890.330.63-0.080.820.580.740.80.830.690.760.570.940.65-0.790.70.95-0.20.76
0.54-0.610.770.510.550.970.060.970.740.330.950.980.990.760.00.890.98-0.330.990.850.420.94
0.840.78-0.420.86-0.07-0.2-0.090.030.030.940.120.16-0.110.570.00.46-0.17-0.94-0.10.52-0.91-0.1
0.86-0.180.540.850.380.78-0.080.870.610.720.920.930.830.940.890.460.8-0.730.841.0-0.040.79
0.39-0.730.880.350.471.0-0.020.940.650.160.940.921.00.650.98-0.170.8-0.171.00.750.570.94
-0.97-0.540.12-0.98-0.09-0.140.1-0.35-0.25-0.99-0.44-0.48-0.23-0.79-0.33-0.94-0.73-0.17-0.24-0.780.72-0.22
0.45-0.680.860.420.470.99-0.030.950.660.230.950.941.00.70.99-0.10.841.0-0.240.790.510.95
0.9-0.110.480.880.360.73-0.080.840.590.760.890.910.790.950.850.521.00.75-0.780.79-0.120.76
-0.54-0.970.72-0.570.260.60.070.370.26-0.720.30.260.52-0.20.42-0.91-0.040.570.720.51-0.120.49
0.44-0.660.810.40.460.94-0.030.980.690.170.90.890.950.760.94-0.10.790.94-0.220.950.760.49
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BitFuFu Account Relationship Matchups

Thematic Opportunities

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Additional Tools for BitFuFu Stock Analysis

When running BitFuFu's price analysis, check to measure BitFuFu'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 BitFuFu is operating at the current time. Most of BitFuFu's value examination focuses on studying past and present price action to predict the probability of BitFuFu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BitFuFu's price. Additionally, you may evaluate how the addition of BitFuFu to your portfolios can decrease your overall portfolio volatility.