LAVA Cost Of Revenue vs Gross Profit Analysis
LVTX Stock | USD 1.60 0.05 3.23% |
LAVA Therapeutics financial indicator trend analysis is infinitely more than just investigating LAVA Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LAVA Therapeutics is a good investment. Please check the relationship between LAVA Therapeutics Cost Of Revenue and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LAVA Therapeutics NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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 LAVA Therapeutics Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between LAVA Therapeutics' Cost Of Revenue and Gross Profit is -0.96. 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 LAVA Therapeutics NV, assuming nothing else is changed. The correlation between historical values of LAVA Therapeutics' 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 LAVA Therapeutics NV 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., LAVA Therapeutics' Cost Of Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on LAVA Therapeutics income statement and represents the costs associated with goods and services LAVA Therapeutics 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 LAVA Therapeutics NV minus its cost of goods sold. It is profit before LAVA Therapeutics 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 LAVA Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LAVA Therapeutics 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 LAVA Therapeutics NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Tax Provision is likely to drop to about 158.4 K in 2024. Selling General Administrative is likely to drop to about 9.5 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 625K | 82K | 232K | 300.7K | Depreciation And Amortization | 558K | 504K | 1.3M | 1.3M |
LAVA Therapeutics fundamental ratios Correlations
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LAVA Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running LAVA Therapeutics' price analysis, check to measure LAVA Therapeutics' 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 LAVA Therapeutics is operating at the current time. Most of LAVA Therapeutics' value examination focuses on studying past and present price action to predict the probability of LAVA Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LAVA Therapeutics' price. Additionally, you may evaluate how the addition of LAVA Therapeutics to your portfolios can decrease your overall portfolio volatility.