Glory Ebitda vs Cost Of Revenue Analysis

GSMGW Stock  USD 0  0.0002  15.38%   
Glory Star financial indicator trend analysis is much more than just examining Glory Star New latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glory Star New is a good investment. Please check the relationship between Glory Star Ebitda and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Ebitda vs Cost Of Revenue

Ebitda vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glory Star New Ebitda account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Glory Star's Ebitda and Cost Of Revenue is 0.87. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Glory Star New, assuming nothing else is changed. The correlation between historical values of Glory Star's Ebitda 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 Ebitda of Glory Star New 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 Ebitda i.e., Glory Star's Ebitda and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Ebitda

Cost Of Revenue

Cost of Revenue is found on Glory Star New income statement and represents the costs associated with goods and services Glory Star 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 Glory Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glory Star New 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Glory Star's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 84 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (0.71).
 2021 2022 2023 2024 (projected)
Interest Expense513K93K107.0K101.6K
Depreciation And Amortization2.3M3.6M4.2M4.4M

Glory Star fundamental ratios Correlations

0.44-0.810.881.0-0.03-0.85-0.870.90.820.960.670.110.950.83-0.69-0.830.970.340.871.00.231.00.990.24-0.84
0.44-0.720.480.420.08-0.73-0.210.410.470.310.54-0.730.340.6-0.33-0.640.32-0.570.680.440.950.410.40.96-0.49
-0.81-0.72-0.7-0.81-0.30.950.7-0.84-0.84-0.67-0.770.28-0.77-0.920.510.95-0.720.05-0.8-0.82-0.61-0.78-0.79-0.570.77
0.880.48-0.70.87-0.02-0.72-0.80.920.850.80.720.110.850.82-0.47-0.770.810.310.970.870.270.860.840.33-0.94
1.00.42-0.810.87-0.03-0.84-0.870.90.820.960.660.130.950.83-0.69-0.820.980.360.851.00.21.01.00.22-0.84
-0.030.08-0.3-0.02-0.03-0.020.010.130.41-0.240.570.19-0.060.350.48-0.45-0.20.22-0.01-0.030.03-0.11-0.11-0.05-0.22
-0.85-0.730.95-0.72-0.84-0.020.68-0.83-0.71-0.75-0.590.36-0.78-0.880.730.86-0.790.13-0.82-0.85-0.63-0.84-0.84-0.610.72
-0.87-0.210.7-0.8-0.870.010.68-0.9-0.84-0.81-0.66-0.27-0.98-0.750.420.71-0.85-0.47-0.73-0.87-0.04-0.85-0.85-0.070.83
0.90.41-0.840.920.90.13-0.83-0.90.90.80.730.110.920.92-0.51-0.870.840.340.890.90.240.880.880.25-0.92
0.820.47-0.840.850.820.41-0.71-0.840.90.680.930.130.850.87-0.21-0.910.710.350.830.820.280.770.760.28-0.92
0.960.31-0.670.80.96-0.24-0.75-0.810.80.680.470.140.90.65-0.78-0.650.990.340.770.960.110.980.980.13-0.69
0.670.54-0.770.720.660.57-0.59-0.660.730.930.470.110.670.830.0-0.890.510.30.730.670.340.60.590.34-0.87
0.11-0.730.280.110.130.190.36-0.270.110.130.140.110.17-0.030.220.050.140.97-0.130.1-0.890.10.1-0.86-0.16
0.950.34-0.770.850.95-0.06-0.78-0.980.920.850.90.670.170.79-0.56-0.770.930.390.810.950.150.940.940.18-0.85
0.830.6-0.920.820.830.35-0.88-0.750.920.870.650.83-0.030.79-0.44-0.970.710.20.840.830.430.790.790.42-0.91
-0.69-0.330.51-0.47-0.690.480.730.42-0.51-0.21-0.780.00.22-0.56-0.440.38-0.780.08-0.52-0.7-0.27-0.75-0.76-0.250.3
-0.83-0.640.95-0.77-0.82-0.450.860.71-0.87-0.91-0.65-0.890.05-0.77-0.970.38-0.7-0.18-0.82-0.83-0.46-0.78-0.78-0.430.87
0.970.32-0.720.810.98-0.2-0.79-0.850.840.710.990.510.140.930.71-0.78-0.70.350.780.980.120.990.990.14-0.73
0.34-0.570.050.310.360.220.13-0.470.340.350.340.30.970.390.20.08-0.180.350.090.33-0.770.330.32-0.75-0.38
0.870.68-0.80.970.85-0.01-0.82-0.730.890.830.770.73-0.130.810.84-0.52-0.820.780.090.860.50.840.830.54-0.91
1.00.44-0.820.871.0-0.03-0.85-0.870.90.820.960.670.10.950.83-0.7-0.830.980.330.860.231.00.990.24-0.84
0.230.95-0.610.270.20.03-0.63-0.040.240.280.110.34-0.890.150.43-0.27-0.460.12-0.770.50.230.210.20.99-0.27
1.00.41-0.780.861.0-0.11-0.84-0.850.880.770.980.60.10.940.79-0.75-0.780.990.330.841.00.211.00.22-0.8
0.990.4-0.790.841.0-0.11-0.84-0.850.880.760.980.590.10.940.79-0.76-0.780.990.320.830.990.21.00.21-0.79
0.240.96-0.570.330.22-0.05-0.61-0.070.250.280.130.34-0.860.180.42-0.25-0.430.14-0.750.540.240.990.220.21-0.32
-0.84-0.490.77-0.94-0.84-0.220.720.83-0.92-0.92-0.69-0.87-0.16-0.85-0.910.30.87-0.73-0.38-0.91-0.84-0.27-0.8-0.79-0.32
Click cells to compare fundamentals

Glory Star Account Relationship Matchups

Glory Star fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.7M143.4M195.2M206.0M327.6M344.0M
Short Long Term Debt Total2.7M9.7M6.4M5.1M5.9M7.3M
Other Current Liab8.3M12.0M2.8M2.6M2.4M2.3M
Total Current Liabilities15.7M35.4M34.6M32.9M46.2M32.4M
Total Stockholder Equity61.8M104.8M158.9M172.4M279.9M293.9M
Property Plant And Equipment Net2.4M1.9M1.5M910K462K438.9K
Current Deferred Revenue610K609K536K147K132.3K125.7K
Net Debt(4.2M)(8.0M)(70.9M)(65.4M)(58.8M)(55.9M)
Retained Earnings49.5M78.6M124.0M150.7M181.2M97.1M
Accounts Payable4.5M7.9M12.9M6.4M9.6M6.6M
Cash6.9M17.7M77.3M70.5M194.2M203.9M
Non Current Assets Total19.2M40.3M41.6M22.1M20.8M25.1M
Non Currrent Assets Other1.7M1.3M1.9M808K929.2K975.7K
Cash And Short Term Investments6.9M19.5M77.3M70.5M81.1M85.1M
Net Receivables51.1M81.1M63.1M98.0M81.2M65.5M
Common Stock Shares Outstanding46.5M59.1M65.4M31.3M10.0M9.5M
Liabilities And Stockholders Equity79.7M143.4M195.2M206.0M236.9M130.2M
Non Current Liabilities Total1.7M2.8M1.2M557K1.4M1.9M
Inventory7.0M2.2M(1.7M)1.00.90.86
Other Current Assets2.5M2.5M13.1M15.3M31.2M32.7M
Other Stockholder Equity11.8M20.7M26.9M28.4M32.7M34.3M
Total Liab17.5M38.1M35.7M33.5M47.6M35.0M
Net Invested Capital64.7M112.7M163.9M176.8M285.6M299.8M
Short Long Term Debt2.9M6.6M5.0M4.4M4.2M4.4M
Total Current Assets60.5M103.1M153.5M183.8M306.9M322.2M
Accumulated Other Comprehensive Income(1.1M)5.5M9.3M(5.3M)(6.1M)(5.8M)
Net Working Capital44.7M67.8M119.0M150.9M260.7M273.7M
Short Term Debt1.0M6.9M5.3M4.6M4.2M4.5M

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