IITL Stock | | | 376.50 3.95 1.04% |
Industrial Investment financial indicator trend analysis is infinitely more than just investigating Industrial Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial Investment is a good investment. Please check the relationship between Industrial Investment Cost Of Revenue and its Gross Profit accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cost Of Revenue vs Gross Profit
Cost Of Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Industrial Investment Cost Of Revenue account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Industrial Investment's Cost Of Revenue and Gross Profit is 0.82. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Industrial Investment Trust, assuming nothing else is changed. The correlation between historical values of Industrial Investment's Cost Of Revenue and Gross Profit 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 Industrial Investment Trust are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., Industrial Investment's Cost Of Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Industrial Investment income statement and represents the costs associated with goods and services Industrial Investment 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.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Industrial Investment Trust minus its cost of goods sold. It is profit before Industrial Investment operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Industrial Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial Investment 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 Industrial Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 54
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 25.7
M in 2024.
Industrial Investment fundamental ratios Correlations
Click cells to compare fundamentals
Industrial Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Industrial Investment fundamental ratios Accounts
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Additional Tools for Industrial Stock Analysis
When running Industrial Investment's price analysis, check to
measure Industrial Investment'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 Industrial Investment is operating at the current time. Most of Industrial Investment's value examination focuses on studying past and present price action to
predict the probability of Industrial Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Investment's price. Additionally, you may evaluate how the addition of Industrial Investment to your portfolios can decrease your overall portfolio volatility.