Natures Capex To Revenue vs Cost Of Revenue Analysis

NMHIW Stock

0.02 0.01 70.10%

Natures Miracle financial indicator trend analysis is infinitely more than just investigating Natures Miracle Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natures Miracle Holding is a good investment. Please check the relationship between Natures Miracle Capex To Revenue and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natures Miracle Holding. 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.

Capex To Revenue vs Cost Of Revenue

Capex To Revenue vs Cost Of Revenue Correlation Analysis

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

The correlation between Natures Miracle's Capex To Revenue and Cost Of Revenue is -0.68. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Natures Miracle Holding, assuming nothing else is changed. The correlation between historical values of Natures Miracle's Capex To 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 Capex To Revenue of Natures Miracle Holding 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 Capex To Revenue i.e., Natures Miracle's Capex To Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

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Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Cost Of Revenue

Cost of Revenue is found on Natures Miracle Holding income statement and represents the costs associated with goods and services Natures Miracle 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 Natures Miracle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natures Miracle Holding 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 Natures Miracle Holding. 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.

Tax Provision is likely to drop to about 156.5 K in 2024. Selling General Administrative is likely to drop to about 2.4 M in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	3.4M	5.1M	5.9M	6.1M
Cost Of Revenue	17.0M	9.9M	11.4M	13.4M

Total Operating Expenses Cost Of Revenue

Natures Miracle fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	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	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.81	0.99	0.92	-0.48	0.9	0.51	0.79	-0.56	-0.97	-0.06	0.9	-0.19	-0.06	0.98	-0.89	0.98	-0.49	0.89	0.87	0.84	0.81	0.89	-0.01	0.55	-0.7
Short Long Term Debt Total	0.81		0.78	0.93	-0.9	0.92	0.18	1.0	-0.93	-0.73	-0.43	0.93	0.05	-0.43	0.79	-0.74	0.82	-0.88	0.94	0.93	0.94	0.34	0.92	-0.57	0.93	-0.98
Other Current Liab	0.99	0.78		0.9	-0.45	0.9	0.55	0.76	-0.54	-0.97	0.0	0.89	-0.15	0.0	0.98	-0.85	0.98	-0.47	0.88	0.87	0.83	0.85	0.89	0.04	0.5	-0.68
Total Current Liabilities	0.92	0.93	0.9		-0.73	0.99	0.26	0.92	-0.79	-0.82	-0.34	0.98	-0.11	-0.34	0.93	-0.76	0.95	-0.75	0.97	0.98	0.98	0.56	0.98	-0.35	0.76	-0.88
Total Stockholder Equity	-0.48	-0.9	-0.45	-0.73		-0.74	0.15	-0.91	0.99	0.36	0.66	-0.75	-0.17	0.66	-0.49	0.41	-0.54	0.96	-0.76	-0.78	-0.81	0.09	-0.75	0.85	-0.98	0.96
Property Plant And Equipment Net	0.9	0.92	0.9	0.99	-0.74		0.32	0.91	-0.81	-0.81	-0.28	1.0	0.01	-0.28	0.92	-0.68	0.94	-0.78	0.98	1.0	0.99	0.56	1.0	-0.37	0.76	-0.89
Current Deferred Revenue	0.51	0.18	0.55	0.26	0.15	0.32		0.12	0.07	-0.66	0.8	0.35	0.45	0.8	0.4	-0.39	0.41	-0.03	0.4	0.3	0.22	0.77	0.32	0.33	-0.02	-0.05
Net Debt	0.79	1.0	0.76	0.92	-0.91	0.91	0.12		-0.95	-0.7	-0.49	0.92	0.02	-0.49	0.78	-0.73	0.81	-0.89	0.92	0.92	0.93	0.3	0.91	-0.59	0.94	-0.98
Retained Earnings	-0.56	-0.93	-0.54	-0.79	0.99	-0.81	0.07	-0.95		0.45	0.62	-0.81	-0.15	0.62	-0.58	0.48	-0.62	0.96	-0.82	-0.83	-0.86	-0.02	-0.81	0.79	-0.98	0.98
Accounts Payable	-0.97	-0.73	-0.97	-0.82	0.36	-0.81	-0.66	-0.7	0.45		-0.14	-0.81	0.1	-0.14	-0.92	0.9	-0.92	0.38	-0.81	-0.77	-0.72	-0.87	-0.8	-0.11	-0.46	0.6
Cash	-0.06	-0.43	0.0	-0.34	0.66	-0.28	0.8	-0.49	0.62	-0.14		-0.25	0.43	1.0	-0.15	0.11	-0.15	0.49	-0.21	-0.3	-0.38	0.45	-0.28	0.6	-0.56	0.54
Non Current Assets Total	0.9	0.93	0.89	0.98	-0.75	1.0	0.35	0.92	-0.81	-0.81	-0.25		0.06	-0.25	0.9	-0.68	0.93	-0.8	0.99	1.0	0.99	0.56	1.0	-0.39	0.77	-0.9
Non Currrent Assets Other	-0.19	0.05	-0.15	-0.11	-0.17	0.01	0.45	0.02	-0.15	0.1	0.43	0.06		0.43	-0.28	0.32	-0.21	-0.37	0.14	0.05	0.03	-0.17	0.03	-0.44	0.22	-0.09
Cash And Short Term Investments	-0.06	-0.43	0.0	-0.34	0.66	-0.28	0.8	-0.49	0.62	-0.14	1.0	-0.25	0.43		-0.15	0.11	-0.15	0.49	-0.21	-0.3	-0.38	0.45	-0.28	0.6	-0.56	0.54
Net Receivables	0.98	0.79	0.98	0.93	-0.49	0.92	0.4	0.78	-0.58	-0.92	-0.15	0.9	-0.28	-0.15		-0.83	1.0	-0.48	0.87	0.89	0.86	0.79	0.91	0.0	0.52	-0.71
Common Stock Shares Outstanding	-0.89	-0.74	-0.85	-0.76	0.41	-0.68	-0.39	-0.73	0.48	0.9	0.11	-0.68	0.32	0.11	-0.83		-0.81	0.36	-0.7	-0.65	-0.63	-0.67	-0.68	-0.04	-0.53	0.59
Capital Lease Obligations	0.98	0.82	0.98	0.95	-0.54	0.94	0.41	0.81	-0.62	-0.92	-0.15	0.93	-0.21	-0.15	1.0	-0.81		-0.54	0.91	0.92	0.89	0.77	0.94	-0.06	0.57	-0.75
Inventory	-0.49	-0.88	-0.47	-0.75	0.96	-0.78	-0.03	-0.89	0.96	0.38	0.49	-0.8	-0.37	0.49	-0.48	0.36	-0.54		-0.82	-0.82	-0.85	0.02	-0.79	0.86	-0.96	0.93
Other Current Assets	0.89	0.94	0.88	0.97	-0.76	0.98	0.4	0.92	-0.82	-0.81	-0.21	0.99	0.14	-0.21	0.87	-0.7	0.91	-0.82		0.99	0.98	0.54	0.99	-0.43	0.8	-0.9
Other Stockholder Equity	0.87	0.93	0.87	0.98	-0.78	1.0	0.3	0.92	-0.83	-0.77	-0.3	1.0	0.05	-0.3	0.89	-0.65	0.92	-0.82	0.99		0.99	0.51	1.0	-0.43	0.79	-0.91
Total Liab	0.84	0.94	0.83	0.98	-0.81	0.99	0.22	0.93	-0.86	-0.72	-0.38	0.99	0.03	-0.38	0.86	-0.63	0.89	-0.85	0.98	0.99		0.44	0.99	-0.49	0.82	-0.93
Net Invested Capital	0.81	0.34	0.85	0.56	0.09	0.56	0.77	0.3	-0.02	-0.87	0.45	0.56	-0.17	0.45	0.79	-0.67	0.77	0.02	0.54	0.51	0.44		0.55	0.52	-0.01	-0.2
Property Plant And Equipment Gross	0.89	0.92	0.89	0.98	-0.75	1.0	0.32	0.91	-0.81	-0.8	-0.28	1.0	0.03	-0.28	0.91	-0.68	0.94	-0.79	0.99	1.0	0.99	0.55		-0.39	0.77	-0.9
Total Current Assets	-0.01	-0.57	0.04	-0.35	0.85	-0.37	0.33	-0.59	0.79	-0.11	0.6	-0.39	-0.44	0.6	0.0	-0.04	-0.06	0.86	-0.43	-0.43	-0.49	0.52	-0.39		-0.82	0.68
Capital Stock	0.55	0.93	0.5	0.76	-0.98	0.76	-0.02	0.94	-0.98	-0.46	-0.56	0.77	0.22	-0.56	0.52	-0.53	0.57	-0.96	0.8	0.79	0.82	-0.01	0.77	-0.82		-0.95
Net Working Capital	-0.7	-0.98	-0.68	-0.88	0.96	-0.89	-0.05	-0.98	0.98	0.6	0.54	-0.9	-0.09	0.54	-0.71	0.59	-0.75	0.93	-0.9	-0.91	-0.93	-0.2	-0.9	0.68	-0.95

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Natures Capex To Revenue vs Cost Of Revenue Analysis

Capex To Revenue vs Cost Of Revenue

Capex To Revenue vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Capex To Revenue

Cost Of Revenue

Natures Miracle fundamental ratios Correlations

Natures Miracle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Other Stockholder Equity	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Non Current Assets Total

Capital Stock	- 0.98	Retained Earnings
Net Working Capital	- 0.98	Net Debt
Capital Stock	- 0.98	Total Stockholder Equity
Net Working Capital	- 0.98	Short Long Term Debt Total
Accounts Payable	- 0.97	Other Current Liab
Accounts Payable	- 0.97	Total Assets