Grid Ebit Per Revenue vs Cost Of Revenue Analysis

GDYN Stock  USD 18.90  0.64  3.50%   
Grid Dynamics financial indicator trend analysis is much more than just examining Grid Dynamics Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grid Dynamics Holdings is a good investment. Please check the relationship between Grid Dynamics Ebit Per Revenue and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Ebit Per Revenue vs Cost Of Revenue

Ebit Per Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grid Dynamics Holdings Ebit Per Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Grid Dynamics' Ebit Per Revenue and Cost Of Revenue is -0.76. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Grid Dynamics Holdings, assuming nothing else is changed. The correlation between historical values of Grid Dynamics' Ebit Per 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 Ebit Per Revenue of Grid Dynamics Holdings 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 Ebit Per Revenue i.e., Grid Dynamics' Ebit Per Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Ebit Per Revenue

Cost Of Revenue

Cost of Revenue is found on Grid Dynamics Holdings income statement and represents the costs associated with goods and services Grid Dynamics 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 Grid Dynamics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grid Dynamics Holdings 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
As of the 25th of November 2024, Tax Provision is likely to grow to about 10 M, while Selling General Administrative is likely to drop about 53.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit87.7M120.6M113.1M75.5M
Total Revenue211.3M310.5M312.9M192.8M

Grid Dynamics fundamental ratios Correlations

0.770.991.00.92-0.790.991.00.90.980.920.680.740.991.00.910.90.830.64-0.960.991.00.92-0.191.01.0
0.770.740.780.68-0.560.740.770.670.790.740.560.420.710.780.750.610.490.24-0.750.760.780.810.130.770.78
0.990.740.990.91-0.830.990.980.850.990.920.730.770.990.990.910.90.850.66-0.940.990.990.9-0.220.990.99
1.00.780.990.92-0.790.981.00.910.980.920.680.740.981.00.910.890.830.64-0.960.991.00.93-0.191.01.0
0.920.680.910.92-0.880.90.920.830.90.990.630.890.910.920.980.990.960.84-0.990.930.940.97-0.410.930.94
-0.79-0.56-0.83-0.79-0.88-0.81-0.78-0.61-0.77-0.87-0.84-0.96-0.78-0.79-0.85-0.9-0.92-0.80.86-0.82-0.81-0.790.44-0.84-0.82
0.990.740.990.980.9-0.810.980.830.990.90.680.750.990.990.880.90.840.61-0.940.970.980.88-0.120.980.98
1.00.770.981.00.92-0.780.980.920.970.920.650.730.981.00.90.890.830.62-0.960.981.00.92-0.160.991.0
0.90.670.850.910.83-0.610.830.920.810.80.480.570.850.910.790.780.70.56-0.870.880.910.85-0.160.890.9
0.980.790.990.980.9-0.770.990.970.810.920.670.720.980.980.910.880.820.61-0.940.970.970.91-0.160.970.98
0.920.740.920.920.99-0.870.90.920.80.920.680.870.910.921.00.970.940.81-0.980.940.930.98-0.420.940.94
0.680.560.730.680.63-0.840.680.650.480.670.680.70.630.660.670.630.640.53-0.640.730.660.61-0.360.730.69
0.740.420.770.740.89-0.960.750.730.570.720.870.70.750.740.860.920.960.91-0.840.780.760.78-0.580.780.77
0.990.710.990.980.91-0.780.990.980.850.980.910.630.750.990.90.90.850.66-0.940.980.980.89-0.190.980.98
1.00.780.991.00.92-0.790.991.00.910.980.920.660.740.990.910.90.830.63-0.960.991.00.92-0.160.991.0
0.910.750.910.910.98-0.850.880.90.790.911.00.670.860.90.910.960.920.82-0.970.940.920.99-0.450.920.93
0.90.610.90.890.99-0.90.90.890.780.880.970.630.920.90.90.960.990.87-0.970.910.910.93-0.430.910.91
0.830.490.850.830.96-0.920.840.830.70.820.940.640.960.850.830.920.990.92-0.920.860.850.87-0.530.850.85
0.640.240.660.640.84-0.80.610.620.560.610.810.530.910.660.630.820.870.92-0.760.70.660.74-0.810.660.67
-0.96-0.75-0.94-0.96-0.990.86-0.94-0.96-0.87-0.94-0.98-0.64-0.84-0.94-0.96-0.97-0.97-0.92-0.76-0.96-0.97-0.970.3-0.96-0.97
0.990.760.990.990.93-0.820.970.980.880.970.940.730.780.980.990.940.910.860.7-0.960.990.94-0.290.990.99
1.00.780.991.00.94-0.810.981.00.910.970.930.660.760.981.00.920.910.850.66-0.970.990.93-0.191.01.0
0.920.810.90.930.97-0.790.880.920.850.910.980.610.780.890.920.990.930.870.74-0.970.940.93-0.360.930.94
-0.190.13-0.22-0.19-0.410.44-0.12-0.16-0.16-0.16-0.42-0.36-0.58-0.19-0.16-0.45-0.43-0.53-0.810.3-0.29-0.19-0.36-0.22-0.22
1.00.770.991.00.93-0.840.980.990.890.970.940.730.780.980.990.920.910.850.66-0.960.991.00.93-0.221.0
1.00.780.991.00.94-0.820.981.00.90.980.940.690.770.981.00.930.910.850.67-0.970.991.00.94-0.221.0
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Grid Dynamics Account Relationship Matchups

Grid Dynamics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets71.5M167.1M256.7M411.1M435.2M222.3M
Other Current Liab786K11.3M21.3M20.5M8.6M10.6M
Total Current Liabilities8.3M13.3M25.3M38.7M42.2M22.5M
Total Stockholder Equity54.0M151.7M227.1M363.0M382.9M194.3M
Net Tangible Assets52.9M128.9M172.0M295.7M340.0M357.0M
Retained Earnings35.4M22.8M15.1M(14.1M)(15.9M)(15.1M)
Accounts Payable768K757K2.1M3.9M3.6M1.9M
Cash42.2M112.7M144.4M256.7M257.2M132.2M
Other Assets1.5M5.6M2.7M5.2M6.0M3.0M
Net Receivables18.9M18.7M43.3M53.9M53.6M34.3M
Good Will0.014.7M36.0M45.5M53.9M56.6M
Common Stock Shares Outstanding21.1M44.7M58.7M69.2M75.2M58.2M
Other Current Assets2.7M3.2M5.1M12.4M17.2M18.1M
Total Liab17.5M15.4M29.7M48.1M52.3M28.0M
Total Current Assets66.0M134.6M192.8M323.1M324.0M173.9M
Intangible Assets18K8.1M19.1M20.4M26.5M27.9M
Property Plant Equipment2.9M4.1M6.2M14.4M16.6M17.4M
Property Plant And Equipment Net4.0M4.1M6.2M15.9M21.8M22.9M
Current Deferred Revenue242K731K798K1.9M12.7M13.3M
Net Debt(42.2M)(112.7M)(144.4M)(248.6M)(246.2M)(233.9M)
Non Current Assets Total5.5M32.5M64.0M88.0M111.2M56.0M
Cash And Short Term Investments42.2M112.7M144.4M256.7M257.2M152.4M
Liabilities And Stockholders Equity71.5M167.1M256.7M411.1M435.2M253.6M
Non Current Liabilities Total9.2M2.1M4.3M9.4M10.0M6.4M
Inventory2.2M821K584K4.3M(4.0M)(3.8M)
Other Stockholder Equity10.5M128.9M212.1M378.0M397.5M208.7M
Net Invested Capital54.0M151.7M227.1M363.0M382.9M222.2M
Property Plant And Equipment Gross4.0M2.8M17.9M15.9M29.2M30.6M
Accumulated Other Comprehensive Income(9.2M)(4K)(126K)(848K)1.3M1.3M
Net Working Capital57.7M121.3M167.4M284.4M281.8M172.6M
Short Term Debt6.5M8.6M12.9M2.5M8.5M8.4M
When determining whether Grid Dynamics Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grid Dynamics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grid Dynamics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grid Dynamics Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Internet Services & Infrastructure 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 Grid Dynamics. If investors know Grid 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 Grid Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.582
Earnings Share
0.03
Revenue Per Share
4.304
Quarterly Revenue Growth
0.129
Return On Assets
(0.0004)
The market value of Grid Dynamics Holdings is measured differently than its book value, which is the value of Grid that is recorded on the company's balance sheet. Investors also form their own opinion of Grid Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Grid Dynamics' 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 Grid Dynamics' market value can be influenced by many factors that don't directly affect Grid Dynamics' 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 Grid Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Grid Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grid Dynamics' 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.