NextNav Income Tax Expense vs Cost Of Revenue Analysis
NNAVW Stock | USD 6.32 0.04 0.64% |
NextNav Warrant financial indicator trend analysis is infinitely more than just investigating NextNav Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NextNav Warrant is a good investment. Please check the relationship between NextNav Warrant Income Tax Expense and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextNav Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy NextNav Stock please use our How to Invest in NextNav Warrant guide.
Income Tax Expense vs Cost Of Revenue
Income Tax Expense vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NextNav Warrant Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NextNav Warrant's Income Tax Expense and Cost Of Revenue is 0.5. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of NextNav Warrant, assuming nothing else is changed. The correlation between historical values of NextNav Warrant's Income Tax Expense 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 Income Tax Expense of NextNav Warrant 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 Income Tax Expense i.e., NextNav Warrant's Income Tax Expense and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Income Tax Expense
Cost Of Revenue
Cost of Revenue is found on NextNav Warrant income statement and represents the costs associated with goods and services NextNav Warrant 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 NextNav Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NextNav Warrant 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 NextNav Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy NextNav Stock please use our How to Invest in NextNav Warrant guide.Tax Provision is likely to climb to about 232.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 25.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 763K | 3.9M | 3.9M | 2.0M | Depreciation And Amortization | 1.8M | 3.7M | 4.8M | 5.1M |
NextNav Warrant fundamental ratios Correlations
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NextNav Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running NextNav Warrant's price analysis, check to measure NextNav Warrant'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 NextNav Warrant is operating at the current time. Most of NextNav Warrant's value examination focuses on studying past and present price action to predict the probability of NextNav Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextNav Warrant's price. Additionally, you may evaluate how the addition of NextNav Warrant to your portfolios can decrease your overall portfolio volatility.