IRIDEX Cost Of Revenue vs Ebit Per Revenue Analysis

IRIX Stock

USD 1.64 0.03 1.86%

IRIDEX financial indicator trend analysis is infinitely more than just investigating IRIDEX recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IRIDEX is a good investment. Please check the relationship between IRIDEX Cost Of Revenue and its Ebit Per Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IRIDEX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.

Cost Of Revenue vs Ebit Per Revenue

Cost Of Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IRIDEX Cost Of Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between IRIDEX's Cost Of Revenue and Ebit Per Revenue is -0.67. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of IRIDEX, assuming nothing else is changed. The correlation between historical values of IRIDEX's Cost Of Revenue and Ebit Per 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 Cost Of Revenue of IRIDEX are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Cost Of Revenue i.e., IRIDEX's Cost Of Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Cost Of Revenue

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

Ebit Per Revenue

Most indicators from IRIDEX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IRIDEX 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 IRIDEX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.Selling General Administrative is likely to rise to about 8.2 M in 2025, whereas Discontinued Operations is likely to drop slightly above 375.2 K in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	25.4M	21.8M	25.1M	19.0M
Total Revenue	57.0M	51.9M	59.6M	40.7M

Gross Profit Total Revenue

IRIDEX fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Gross	Common Stock Total Equity	Intangible Assets	Common Stock	Other Assets	Property Plant Equipment
Total Assets		0.57	0.66	0.58	0.37	-0.65	-0.28	0.42	0.76	0.48	0.1	0.76	0.85	0.54	0.81	-0.12	0.59	0.44	0.95	0.52	0.11	0.54	0.32	0.51	0.1	0.12
Other Current Liab	0.57		0.8	-0.03	0.67	-0.31	-0.7	0.47	0.49	0.22	0.26	0.49	0.69	0.7	0.31	-0.06	0.79	0.65	0.56	0.1	0.37	0.8	0.43	0.78	-0.27	0.65
Total Current Liabilities	0.66	0.8		-0.09	0.7	-0.17	-0.81	0.72	0.35	0.41	0.61	0.35	0.82	0.95	0.58	0.03	0.86	0.8	0.6	0.27	0.52	0.87	0.66	0.92	-0.23	0.52
Total Stockholder Equity	0.58	-0.03	-0.09		-0.4	-0.82	0.52	-0.41	0.68	0.07	-0.52	0.67	0.25	-0.17	0.41	-0.14	-0.23	-0.47	0.63	0.53	-0.62	-0.04	-0.41	-0.18	0.25	-0.43
Property Plant And Equipment Net	0.37	0.67	0.7	-0.4		0.21	-0.86	0.77	0.09	0.37	0.36	0.11	0.67	0.73	0.32	-0.2	0.88	0.84	0.28	0.09	0.74	0.72	0.51	0.76	-0.2	0.49
Net Debt	-0.65	-0.31	-0.17	-0.82	0.21		-0.21	0.27	-0.94	0.17	0.4	-0.92	-0.29	-0.02	-0.33	0.07	-0.03	0.19	-0.79	-0.37	0.51	-0.15	0.1	-0.05	0.22	0.07
Retained Earnings	-0.28	-0.7	-0.81	0.52	-0.86	-0.21		-0.76	-0.06	-0.23	-0.61	-0.07	-0.57	-0.84	-0.24	0.01	-0.9	-0.89	-0.23	-0.08	-0.67	-0.77	-0.67	-0.84	0.36	-0.6
Accounts Payable	0.42	0.47	0.72	-0.41	0.77	0.27	-0.76		-0.03	0.45	0.68	-0.01	0.65	0.65	0.6	-0.12	0.82	0.91	0.32	0.04	0.88	0.51	0.63	0.63	-0.07	0.31
Cash	0.76	0.49	0.35	0.68	0.09	-0.94	-0.06	-0.03		-0.12	-0.33	1.0	0.45	0.19	0.4	-0.09	0.32	0.08	0.89	0.45	-0.27	0.32	0.02	0.22	-0.3	0.05
Non Current Assets Total	0.48	0.22	0.41	0.07	0.37	0.17	-0.23	0.45	-0.12		0.34	-0.12	0.61	0.48	0.49	-0.16	0.33	0.43	0.19	0.09	0.33	0.38	0.44	0.44	0.74	0.23
Non Currrent Assets Other	0.1	0.26	0.61	-0.52	0.36	0.4	-0.61	0.68	-0.33	0.34		-0.33	0.3	0.59	0.3	0.35	0.47	0.68	-0.01	-0.2	0.58	0.34	0.73	0.5	-0.09	0.4
Cash And Short Term Investments	0.76	0.49	0.35	0.67	0.11	-0.92	-0.07	-0.01	1.0	-0.12	-0.33		0.46	0.18	0.41	-0.09	0.34	0.11	0.9	0.46	-0.25	0.31	0.02	0.22	-0.3	0.04
Net Receivables	0.85	0.69	0.82	0.25	0.67	-0.29	-0.57	0.65	0.45	0.61	0.3	0.46		0.79	0.81	-0.33	0.78	0.63	0.74	0.38	0.41	0.82	0.42	0.81	0.09	0.31
Common Stock Shares Outstanding	0.54	0.7	0.95	-0.17	0.73	-0.02	-0.84	0.65	0.19	0.48	0.59	0.18	0.79		0.49	-0.04	0.82	0.76	0.44	0.26	0.47	0.93	0.66	0.97	-0.15	0.54
Inventory	0.81	0.31	0.58	0.41	0.32	-0.33	-0.24	0.6	0.4	0.49	0.3	0.41	0.81	0.49		-0.31	0.53	0.41	0.73	0.45	0.32	0.44	0.24	0.45	0.16	-0.1
Other Current Assets	-0.12	-0.06	0.03	-0.14	-0.2	0.07	0.01	-0.12	-0.09	-0.16	0.35	-0.09	-0.33	-0.04	-0.31		-0.11	0.04	-0.08	0.04	-0.11	-0.24	0.24	-0.2	-0.16	0.1
Other Stockholder Equity	0.59	0.79	0.86	-0.23	0.88	-0.03	-0.9	0.82	0.32	0.33	0.47	0.34	0.78	0.82	0.53	-0.11		0.89	0.55	0.29	0.69	0.79	0.54	0.83	-0.24	0.48
Total Liab	0.44	0.65	0.8	-0.47	0.84	0.19	-0.89	0.91	0.08	0.43	0.68	0.11	0.63	0.76	0.41	0.04	0.89		0.34	-0.02	0.79	0.62	0.81	0.75	-0.17	0.61
Total Current Assets	0.95	0.56	0.6	0.63	0.28	-0.79	-0.23	0.32	0.89	0.19	-0.01	0.9	0.74	0.44	0.73	-0.08	0.55	0.34		0.55	0.01	0.48	0.21	0.42	-0.14	0.06
Short Long Term Debt Total	0.52	0.1	0.27	0.53	0.09	-0.37	-0.08	0.04	0.45	0.09	-0.2	0.46	0.38	0.26	0.45	0.04	0.29	-0.02	0.55		-0.07	0.27	-0.25	0.15	0.05	-0.38
Property Plant And Equipment Gross	0.11	0.37	0.52	-0.62	0.74	0.51	-0.67	0.88	-0.27	0.33	0.58	-0.25	0.41	0.47	0.32	-0.11	0.69	0.79	0.01	-0.07		0.35	0.46	0.48	-0.06	0.36
Common Stock Total Equity	0.54	0.8	0.87	-0.04	0.72	-0.15	-0.77	0.51	0.32	0.38	0.34	0.31	0.82	0.93	0.44	-0.24	0.79	0.62	0.48	0.27	0.35		0.44	0.97	-0.18	0.54
Intangible Assets	0.32	0.43	0.66	-0.41	0.51	0.1	-0.67	0.63	0.02	0.44	0.73	0.02	0.42	0.66	0.24	0.24	0.54	0.81	0.21	-0.25	0.46	0.44		0.62	-0.13	0.7
Common Stock	0.51	0.78	0.92	-0.18	0.76	-0.05	-0.84	0.63	0.22	0.44	0.5	0.22	0.81	0.97	0.45	-0.2	0.83	0.75	0.42	0.15	0.48	0.97	0.62		-0.19	0.63
Other Assets	0.1	-0.27	-0.23	0.25	-0.2	0.22	0.36	-0.07	-0.3	0.74	-0.09	-0.3	0.09	-0.15	0.16	-0.16	-0.24	-0.17	-0.14	0.05	-0.06	-0.18	-0.13	-0.19		-0.18
Property Plant Equipment	0.12	0.65	0.52	-0.43	0.49	0.07	-0.6	0.31	0.05	0.23	0.4	0.04	0.31	0.54	-0.1	0.1	0.48	0.61	0.06	-0.38	0.36	0.54	0.7	0.63	-0.18

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IRIDEX Account Relationship Matchups

IRIDEX fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	28.0M	48.7M	42.3M	34.4M	39.6M	38.2M
Other Current Liab	3.9M	6.5M	5.1M	5.0M	5.7M	4.4M
Total Current Liabilities	8.7M	12.6M	12.5M	13.0M	14.9M	9.3M
Total Stockholder Equity	17.4M	23.3M	17.2M	9.5M	8.6M	8.1M
Property Plant And Equipment Net	1.9M	3.0M	2.1M	3.0M	3.4M	3.6M
Net Debt	(7.4M)	(21.2M)	(12.2M)	(4.3M)	(3.9M)	(4.1M)
Retained Earnings	(56.9M)	(62.2M)	(69.7M)	(79.0M)	(71.1M)	(67.6M)
Accounts Payable	1.1M	2.8M	3.9M	4.5M	5.2M	5.4M
Cash	11.6M	23.9M	13.9M	7.0M	8.1M	12.7M
Non Current Assets Total	2.6M	6.4M	6.5M	7.0M	8.0M	4.4M
Non Currrent Assets Other	132K	271K	1.5M	1.4M	1.3M	652.6K
Cash And Short Term Investments	11.6M	23.9M	13.9M	7.0M	8.1M	13.9M
Net Receivables	7.3M	9.7M	9.8M	9.7M	11.1M	8.4M
Common Stock Shares Outstanding	13.8M	15.4M	15.9M	16.1M	18.5M	10.5M
Liabilities And Stockholders Equity	28.0M	48.7M	42.3M	34.4M	39.6M	38.2M
Inventory	5.7M	7.6M	10.6M	9.9M	11.4M	9.6M
Other Current Assets	1.5M	2.1M	1.5M	856K	770.4K	1.4M
Other Stockholder Equity	74.2M	85.3M	86.8M	88.4M	101.7M	106.8M
Total Liab	10.6M	25.4M	25.1M	24.9M	28.7M	30.1M
Total Current Assets	25.4M	42.3M	35.8M	27.5M	31.6M	33.8M
Short Long Term Debt Total	4.2M	2.7M	1.8M	2.7M	2.5M	3.0M
Property Plant And Equipment Gross	449K	3.0M	2.1M	16.7M	19.2M	20.2M
Accumulated Other Comprehensive Income	(19K)	45K	(24K)	(52K)	(46.8K)	(49.1K)
Intangible Assets	68K	2.2M	2.0M	1.6M	1.5M	843.2K
Common Stock	148K	168K	169K	172K	197.8K	114.4K
Other Assets	151K	1.6M	271K	1.5M	1.7M	1.6M
Property Plant Equipment	730K	1.9M	3.0M	2.1M	2.4M	1.3M
Current Deferred Revenue	938K	2.4M	2.4M	2.4M	2.8M	1.9M
Non Current Liabilities Total	1.9M	12.7M	12.6M	11.9M	13.7M	14.4M
Short Term Debt	2.7M	927K	1.0M	995K	895.5K	850.7K
Other Liab	535K	392K	11.0M	11.9M	13.7M	14.3M
Net Tangible Assets	22.1M	16.8M	20.1M	14.3M	12.9M	20.2M
Non Current Liabilities Other	2.3M	22K	25K	26K	23.4K	22.2K
Net Invested Capital	19.9M	23.3M	17.2M	9.5M	8.6M	8.1M
Net Working Capital	16.7M	29.6M	23.3M	14.5M	13.0M	18.6M
Capital Stock	148K	168K	169K	172K	197.8K	174.0K

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When running IRIDEX's price analysis, check to measure IRIDEX'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 IRIDEX is operating at the current time. Most of IRIDEX's value examination focuses on studying past and present price action to predict the probability of IRIDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRIDEX's price. Additionally, you may evaluate how the addition of IRIDEX to your portfolios can decrease your overall portfolio volatility.

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IRIDEX Cost Of Revenue vs Ebit Per Revenue Analysis

Cost Of Revenue vs Ebit Per Revenue

Cost Of Revenue vs Ebit Per Revenue Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Ebit Per Revenue

IRIDEX fundamental ratios Correlations

IRIDEX Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IRIDEX fundamental ratios Accounts

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Additional Tools for IRIDEX Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.97	Common Stock Shares Outstanding
Common Stock	+ 0.97	Common Stock Total Equity
Total Current Assets	+ 0.95	Total Assets
Common Stock Shares Outstanding	+ 0.95	Total Current Liabilities
Common Stock Total Equity	+ 0.93	Common Stock Shares Outstanding

Cash	- 0.94	Net Debt
Cash And Short Term Investments	- 0.92	Net Debt
Other Stockholder Equity	- 0.9	Retained Earnings
Total Liab	- 0.89	Retained Earnings
Retained Earnings	- 0.86	Property Plant And Equipment Net
Common Stock	- 0.84	Retained Earnings