HSP Stock | | | 572.00 8.00 1.42% |
Hargreaves Services financial indicator trend analysis is much more than just examining Hargreaves Services Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hargreaves Services Plc is a good investment. Please check the relationship between Hargreaves Services Ebit 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 Hargreaves Services Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Ebit vs Cost Of Revenue
Ebit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hargreaves Services Plc Ebit account and
Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hargreaves Services' Ebit and Cost Of Revenue is 0.9. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Hargreaves Services Plc, assuming nothing else is changed. The correlation between historical values of Hargreaves Services' Ebit 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 of Hargreaves Services Plc 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 i.e., Hargreaves Services' Ebit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Cost Of Revenue
Cost of Revenue is found on Hargreaves Services Plc income statement and represents the costs associated with goods and services Hargreaves Services 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 Hargreaves Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hargreaves Services Plc 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 Hargreaves Services Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Hargreaves Services'
Tax Provision is projected to increase significantly based on the last few years of reporting.
Hargreaves Services fundamental ratios Correlations
Click cells to compare fundamentals
Hargreaves Services Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hargreaves Services fundamental ratios Accounts
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Other Information on Investing in Hargreaves Stock
Balance Sheet is a snapshot of the
financial position of Hargreaves Services Plc at a specified time, usually calculated after every quarter, six months, or one year. Hargreaves Services Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hargreaves Services and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hargreaves currently owns. An asset can also be divided into two categories, current and non-current.