JYNT Stock | | | USD 11.50 0.23 1.96% |
Joint Corp financial indicator trend analysis is infinitely more than just investigating Joint Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Joint Corp is a good investment. Please check the relationship between Joint Corp Total Revenue 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 The Joint Corp. 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.
Total Revenue vs Cost Of Revenue
Total Revenue vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Joint Corp Total Revenue account and
Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Joint Corp's Total Revenue and Cost Of Revenue is 0.89. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of The Joint Corp, assuming nothing else is changed. The correlation between historical values of Joint Corp's Total Revenue 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 Total Revenue of The Joint Corp 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 Total Revenue i.e., Joint Corp's Total Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Joint Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Cost Of Revenue
Cost of Revenue is found on Joint Corp income statement and represents the costs associated with goods and services Joint Corp 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 Joint Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Joint Corp 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 The Joint Corp. 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.
Selling General Administrative is likely to gain to about 85.5
M in 2024.
Tax Provision is likely to gain to about 1.9
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 72.7M | 92.1M | 107.1M | 112.5M | Total Revenue | 81.2M | 101.9M | 117.7M | 123.6M |
Joint Corp fundamental ratios Correlations
Click cells to compare fundamentals
Joint Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Joint Corp fundamental ratios Accounts
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Additional Tools for Joint Stock Analysis
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measure Joint Corp'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 Joint Corp is operating at the current time. Most of Joint Corp's value examination focuses on studying past and present price action to
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