OneMedNet Total Revenue vs Cost Of Revenue Analysis

ONMDW Stock   0.03  0.00  0.00%   
OneMedNet Corp financial indicator trend analysis is much more than just breaking down OneMedNet Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMedNet Corp is a good investment. Please check the relationship between OneMedNet Corp Total Revenue and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Total Revenue vs Cost Of Revenue

Total Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMedNet Corp Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between OneMedNet Corp's Total Revenue and Cost Of Revenue is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of OneMedNet Corp, assuming nothing else is changed. The correlation between historical values of OneMedNet Corp's Total 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 Total Revenue of OneMedNet 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 Total Revenue i.e., OneMedNet Corp's Total Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts OneMedNet Corp 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.

Cost Of Revenue

Cost of Revenue is found on OneMedNet Corp income statement and represents the costs associated with goods and services OneMedNet Corp 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 OneMedNet Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMedNet 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Sales General And Administrative To Revenue is likely to climb to 5.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.
 2023 2024 (projected)
Depreciation And Amortization28.0K22.3K
Interest Income174.2K154.8K

OneMedNet Corp fundamental ratios Correlations

0.96-0.060.68-0.70.680.540.94-0.420.580.570.68-0.230.57-0.99-0.220.10.80.530.74-0.270.720.930.930.17-0.64
0.960.050.82-0.820.820.411.0-0.580.750.380.82-0.390.38-0.97-0.38-0.050.830.720.86-0.420.850.990.870.36-0.77
-0.060.050.51-0.590.510.250.05-0.830.53-0.210.51-0.93-0.21-0.06-0.93-0.98-0.460.570.46-0.920.520.14-0.350.81-0.66
0.680.820.51-0.971.00.430.82-0.890.990.181.0-0.760.18-0.75-0.77-0.510.480.971.0-0.80.990.880.540.83-0.96
-0.7-0.82-0.59-0.97-0.98-0.41-0.830.94-0.95-0.13-0.980.83-0.130.770.830.59-0.43-0.95-0.980.86-0.99-0.88-0.49-0.81.0
0.680.820.511.0-0.980.390.83-0.890.990.141.0-0.770.14-0.74-0.78-0.510.490.981.0-0.81.00.880.530.83-0.97
0.540.410.250.43-0.410.390.35-0.30.30.890.39-0.230.89-0.59-0.23-0.090.040.230.44-0.280.410.420.510.26-0.39
0.941.00.050.82-0.830.830.35-0.590.770.310.83-0.40.31-0.95-0.39-0.060.850.740.87-0.430.850.990.850.37-0.78
-0.42-0.58-0.83-0.890.94-0.89-0.3-0.59-0.90.08-0.890.970.080.520.970.84-0.12-0.92-0.860.98-0.9-0.65-0.15-0.910.96
0.580.750.530.99-0.950.990.30.77-0.90.030.99-0.780.03-0.65-0.8-0.560.451.00.97-0.810.980.830.440.87-0.95
0.570.38-0.210.18-0.130.140.890.310.080.030.140.21.0-0.560.20.360.24-0.060.220.140.160.340.67-0.13-0.08
0.680.820.511.0-0.981.00.390.83-0.890.990.14-0.770.14-0.74-0.78-0.510.490.981.0-0.81.00.880.530.83-0.97
-0.23-0.39-0.93-0.760.83-0.77-0.23-0.40.97-0.780.2-0.770.20.341.00.940.1-0.82-0.721.0-0.78-0.470.07-0.890.88
0.570.38-0.210.18-0.130.140.890.310.080.031.00.140.2-0.560.20.360.24-0.060.220.140.160.340.67-0.13-0.08
-0.99-0.97-0.06-0.750.77-0.74-0.59-0.950.52-0.65-0.56-0.740.34-0.560.330.01-0.75-0.6-0.80.38-0.78-0.95-0.89-0.270.72
-0.22-0.38-0.93-0.770.83-0.78-0.23-0.390.97-0.80.2-0.781.00.20.330.940.1-0.83-0.731.0-0.78-0.470.07-0.910.88
0.1-0.05-0.98-0.510.59-0.51-0.09-0.060.84-0.560.36-0.510.940.360.010.940.42-0.61-0.450.92-0.52-0.140.4-0.820.66
0.80.83-0.460.48-0.430.490.040.85-0.120.450.240.490.10.24-0.750.10.420.410.540.070.490.790.87-0.04-0.36
0.530.720.570.97-0.950.980.230.74-0.921.0-0.060.98-0.82-0.06-0.6-0.83-0.610.410.95-0.840.960.790.370.89-0.95
0.740.860.461.0-0.981.00.440.87-0.860.970.221.0-0.720.22-0.8-0.73-0.450.540.95-0.761.00.920.60.78-0.96
-0.27-0.42-0.92-0.80.86-0.8-0.28-0.430.98-0.810.14-0.81.00.140.381.00.920.07-0.84-0.76-0.81-0.510.02-0.910.9
0.720.850.520.99-0.991.00.410.85-0.90.980.161.0-0.780.16-0.78-0.78-0.520.490.961.0-0.810.90.550.8-0.98
0.930.990.140.88-0.880.880.420.99-0.650.830.340.88-0.470.34-0.95-0.47-0.140.790.790.92-0.510.90.830.47-0.83
0.930.87-0.350.54-0.490.530.510.85-0.150.440.670.530.070.67-0.890.070.40.870.370.60.020.550.830.0-0.41
0.170.360.810.83-0.80.830.260.37-0.910.87-0.130.83-0.89-0.13-0.27-0.91-0.82-0.040.890.78-0.910.80.470.0-0.83
-0.64-0.77-0.66-0.961.0-0.97-0.39-0.780.96-0.95-0.08-0.970.88-0.080.720.880.66-0.36-0.95-0.960.9-0.98-0.83-0.41-0.83
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OneMedNet Corp Account Relationship Matchups

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