MPX Stock | | | USD 9.86 0.15 1.50% |
Marine Products financial indicator trend analysis is infinitely more than just investigating Marine Products recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marine Products is a good investment. Please check the relationship between Marine Products Cost Of Revenue and its Total Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marine Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Marine Stock please use our
How to Invest in Marine Products guide.
Cost Of Revenue vs Total Revenue
Cost Of Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Marine Products Cost Of Revenue account and
Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Marine Products' Cost Of Revenue and Total Revenue is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Marine Products, assuming nothing else is changed. The correlation between historical values of Marine Products' Cost Of Revenue and Total 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 Marine Products are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Cost Of Revenue i.e., Marine Products' Cost Of Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Marine Products income statement and represents the costs associated with goods and services Marine Products 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.
Total Revenue
Total revenue comprises all receipts Marine Products 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.
Most indicators from Marine Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marine Products 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 Marine Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Marine Stock please use our
How to Invest in Marine Products guide.At this time, Marine Products'
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 11.37 in 2024, whereas
Selling General Administrative is likely to drop slightly above 28
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 68.3M | 93.7M | 90.4M | 51.0M | Total Revenue | 298.0M | 381.0M | 383.7M | 229.5M |
Marine Products fundamental ratios Correlations
Click cells to compare fundamentals
Marine Products Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marine Products fundamental ratios Accounts
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Additional Tools for Marine Stock Analysis
When running Marine Products' price analysis, check to
measure Marine Products' 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 Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to
predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.