Guanajuato Cost Of Revenue vs Operating Income Analysis

GSVR Stock   0.20  0.01  4.76%   
Guanajuato Silver financial indicator trend analysis is much more than just examining Guanajuato Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guanajuato Silver is a good investment. Please check the relationship between Guanajuato Silver Cost Of Revenue and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guanajuato Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guanajuato Silver Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Guanajuato Silver's Cost Of Revenue and Operating Income is -0.96. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Guanajuato Silver, assuming nothing else is changed. The correlation between historical values of Guanajuato Silver's Cost Of Revenue and Operating Income 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 Guanajuato Silver are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Guanajuato Silver's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Guanajuato Silver income statement and represents the costs associated with goods and services Guanajuato Silver 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.

Operating Income

Operating Income is the amount of profit realized from Guanajuato Silver operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Guanajuato Silver is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Guanajuato Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guanajuato Silver 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 Guanajuato Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Guanajuato Silver's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 77.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 9.1 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.5M9.2M10.5M11.1M
Total Operating Expenses14.6M58.7M67.6M70.9M

Guanajuato Silver fundamental ratios Correlations

0.990.980.98-0.930.980.951.00.960.990.990.991.01.0-0.740.871.00.960.730.91.00.921.00.991.00.76
0.990.950.95-0.961.00.910.990.990.971.00.971.00.99-0.80.870.990.940.640.890.990.911.01.01.00.78
0.980.951.0-0.850.930.990.980.90.990.951.00.960.98-0.610.850.980.970.850.890.980.920.970.950.970.7
0.980.951.0-0.860.930.980.980.90.990.951.00.970.98-0.630.860.980.960.840.890.980.920.970.950.970.7
-0.93-0.96-0.85-0.86-0.96-0.79-0.93-0.96-0.89-0.96-0.89-0.95-0.920.91-0.84-0.93-0.83-0.49-0.84-0.93-0.85-0.94-0.96-0.95-0.65
0.981.00.930.93-0.960.890.981.00.961.00.960.990.99-0.820.850.980.930.590.880.980.90.991.00.990.79
0.950.910.990.98-0.790.890.950.860.980.910.970.930.95-0.50.810.940.980.870.870.940.890.940.910.930.67
1.00.990.980.98-0.930.980.950.960.990.990.991.01.0-0.740.871.00.960.730.91.00.921.00.991.00.76
0.960.990.90.9-0.961.00.860.960.940.990.930.980.97-0.840.830.960.920.530.860.960.880.970.990.980.8
0.990.970.990.99-0.890.960.980.990.940.980.990.980.99-0.660.850.990.980.780.90.990.920.990.970.980.74
0.991.00.950.95-0.961.00.910.990.990.980.971.00.99-0.80.870.990.940.640.890.990.911.01.01.00.78
0.990.971.01.0-0.890.960.970.990.930.990.970.980.99-0.670.870.990.970.80.90.990.920.990.970.980.73
1.01.00.960.97-0.950.990.931.00.980.981.00.981.0-0.780.871.00.950.680.91.00.921.01.01.00.77
1.00.990.980.98-0.920.990.951.00.970.990.990.991.0-0.730.871.00.970.720.91.00.921.00.991.00.76
-0.74-0.8-0.61-0.630.91-0.82-0.5-0.74-0.84-0.66-0.8-0.67-0.78-0.73-0.72-0.76-0.57-0.16-0.67-0.75-0.68-0.77-0.8-0.78-0.62
0.870.870.850.86-0.840.850.810.870.830.850.870.870.870.87-0.720.880.810.680.990.870.980.870.870.870.68
1.00.990.980.98-0.930.980.941.00.960.990.990.991.01.0-0.760.880.950.720.91.00.921.00.991.00.76
0.960.940.970.96-0.830.930.980.960.920.980.940.970.950.97-0.570.810.950.770.880.950.90.950.940.950.72
0.730.640.850.84-0.490.590.870.730.530.780.640.80.680.72-0.160.680.720.770.720.720.740.70.640.690.39
0.90.890.890.89-0.840.880.870.90.860.90.890.90.90.9-0.670.990.90.880.720.91.00.90.890.90.71
1.00.990.980.98-0.930.980.941.00.960.990.990.991.01.0-0.750.871.00.950.720.90.921.00.991.00.76
0.920.910.920.92-0.850.90.890.920.880.920.910.920.920.92-0.680.980.920.90.741.00.920.920.910.920.72
1.01.00.970.97-0.940.990.941.00.970.991.00.991.01.0-0.770.871.00.950.70.91.00.921.01.00.77
0.991.00.950.95-0.961.00.910.990.990.971.00.971.00.99-0.80.870.990.940.640.890.990.911.01.00.78
1.01.00.970.97-0.950.990.931.00.980.981.00.981.01.0-0.780.871.00.950.690.91.00.921.01.00.77
0.760.780.70.7-0.650.790.670.760.80.740.780.730.770.76-0.620.680.760.720.390.710.760.720.770.780.77
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Guanajuato Silver Account Relationship Matchups

Guanajuato Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4M10.2M51.3M85.6M98.5M103.4M
Total Current Liabilities330.9K200.6K12.9M33.2M38.1M40.0M
Total Stockholder Equity2.0M10.0M30.8M32.5M37.4M39.3M
Net Tangible Assets2.0M7.7M30.8M32.5M37.4M39.3M
Retained Earnings(47.4M)(37.6M)(49.5M)(76.2M)(68.6M)(72.0M)
Accounts Payable320.9K194.1K3.5M12.5M14.4M15.1M
Cash544.3K5.3M8.2M8.8M10.2M10.7M
Non Current Assets Total1.8M4.5M36.7M58.5M67.2M70.6M
Net Receivables28.3K83.7K491.7K3.9M4.4M4.7M
Common Stock Shares Outstanding59.7M111.0M224.2M318.6M366.4M384.7M
Total Liab330.9K274.9K20.5M53.1M61.1M64.2M
Net Invested Capital2.0M10.0M39.0M49.0M56.3M59.2M
Total Current Assets575.6K4.5M14.6M27.2M31.3M32.8M
Net Working Capital244.7K5.4M1.7M(6.0M)(5.4M)(5.1M)
Common Stock38.5M32.3M60.7M82.4M94.7M52.8M
Property Plant Equipment1.5M2.7M35.0M57.6M66.3M69.6M
Other Assets251.4K699.2K1.7M834.4K959.5K790.8K
Capital Stock38.5M44.2M60.7M82.4M94.7M57.9M

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