IHRT Stock | | | USD 2.45 0.13 5.60% |
IHeartMedia financial indicator trend analysis is infinitely more than just investigating iHeartMedia Class recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iHeartMedia Class is a good investment. Please check the relationship between IHeartMedia Revenue Per Share 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 iHeartMedia 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 metropolitan statistical area.
Revenue Per Share vs Cost Of Revenue
Revenue Per Share vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
iHeartMedia Class Revenue Per Share account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between IHeartMedia's Revenue Per Share and Cost Of Revenue is 0.6. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of iHeartMedia Class A, assuming nothing else is changed. The correlation between historical values of IHeartMedia's Revenue Per Share 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 Revenue Per Share of iHeartMedia 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 Revenue Per Share i.e., IHeartMedia's Revenue Per Share and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Cost Of Revenue
Cost of Revenue is found on iHeartMedia Class income statement and represents the costs associated with goods and services IHeartMedia 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 IHeartMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iHeartMedia Class 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 iHeartMedia 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 metropolitan statistical area.
Discontinued Operations is likely to gain to about 2
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.3
B in 2024.
IHeartMedia fundamental ratios Correlations
Click cells to compare fundamentals
IHeartMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IHeartMedia fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for IHeartMedia Stock Analysis
When running IHeartMedia's price analysis, check to
measure IHeartMedia'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 IHeartMedia is operating at the current time. Most of IHeartMedia's value examination focuses on studying past and present price action to
predict the probability of IHeartMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IHeartMedia's price. Additionally, you may evaluate how the addition of IHeartMedia to your portfolios can decrease your overall portfolio volatility.