Local Gross Profit vs Cost Of Revenue Analysis
| LOCL Stock | USD 1.71 0.04 2.29% |
Local Bounti financial indicator trend analysis is infinitely more than just investigating Local Bounti Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Local Bounti Corp is a good investment. Please check the relationship between Local Bounti Gross Profit and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Local Bounti 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 main economic indicators.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Local Bounti Corp Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Local Bounti's Gross Profit and Cost Of Revenue is 0.92. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Local Bounti Corp, assuming nothing else is changed. The correlation between historical values of Local Bounti's Gross Profit 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 Gross Profit of Local Bounti 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 Gross Profit i.e., Local Bounti's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Local Bounti Corp minus its cost of goods sold. It is profit before Local Bounti 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.Cost Of Revenue
Cost of Revenue is found on Local Bounti Corp income statement and represents the costs associated with goods and services Local Bounti 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 Local Bounti's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Local Bounti 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Local Bounti 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 main economic indicators. Enterprise Value is expected to rise to about 422 M this year, although the value of Selling General Administrative will most likely fall to about 53 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 432K | 17.3M | 25.3M | 26.6M | Research Development | 3.4M | 14.1M | 16.1M | 9.5M |
Local Bounti fundamental ratios Correlations
Click cells to compare fundamentals
Local Bounti Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Local Bounti 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 main economic indicators. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Local Bounti. If investors know Local will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Local Bounti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (18.11) | Revenue Per Share 3.835 | Quarterly Revenue Growth 0.315 | Return On Assets (0.1) | Return On Equity (4.25) |
The market value of Local Bounti Corp is measured differently than its book value, which is the value of Local that is recorded on the company's balance sheet. Investors also form their own opinion of Local Bounti's value that differs from its market value or its book value, called intrinsic value, which is Local Bounti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Local Bounti's market value can be influenced by many factors that don't directly affect Local Bounti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Local Bounti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Local Bounti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Local Bounti's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.