Paysign Cost Of Revenue vs Reconciled Depreciation Analysis

PAYS Stock  USD 3.35  0.04  1.18%   
Paysign financial indicator trend analysis is much more than just breaking down Paysign prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paysign is a good investment. Please check the relationship between Paysign Cost Of Revenue and its Reconciled Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paysign Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Paysign's Cost Of Revenue and Reconciled Depreciation is -0.2. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Paysign, assuming nothing else is changed. The correlation between historical values of Paysign's Cost Of Revenue and Reconciled Depreciation 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 Paysign are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Paysign's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Paysign income statement and represents the costs associated with goods and services Paysign 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.

Reconciled Depreciation

Most indicators from Paysign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paysign 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, which includes a position in Paysign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.At this time, Paysign's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 217.7 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.26 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses17.5M20.6M20.3M19.3M
Cost Of Revenue14.8M17.1M23.1M22.0M

Paysign fundamental ratios Correlations

0.44-0.22-0.210.930.83-0.860.220.960.230.230.960.90.820.73-0.210.91-0.210.94-0.2-0.270.990.820.210.830.99
0.44-0.010.00.540.54-0.390.010.440.010.010.440.170.560.660.00.390.00.460.00.370.40.590.390.670.47
-0.22-0.011.0-0.32-0.210.350.07-0.27-1.0-1.0-0.27-0.07-0.35-0.461.0-0.451.0-0.21.00.55-0.25-0.39-0.11-0.29-0.22
-0.210.01.0-0.32-0.210.350.07-0.26-1.0-1.0-0.26-0.07-0.35-0.451.0-0.451.0-0.21.00.55-0.25-0.38-0.11-0.28-0.21
0.930.54-0.32-0.320.75-0.950.320.970.330.330.970.770.860.88-0.310.92-0.320.84-0.31-0.270.950.880.480.960.92
0.830.54-0.21-0.210.75-0.550.220.730.220.220.730.580.790.65-0.20.83-0.210.95-0.2-0.330.770.830.080.710.86
-0.86-0.390.350.35-0.95-0.55-0.36-0.96-0.37-0.36-0.96-0.78-0.77-0.830.35-0.860.35-0.70.340.28-0.91-0.76-0.45-0.88-0.83
0.220.010.070.070.320.22-0.360.28-0.07-0.070.280.10.360.440.080.450.080.210.08-0.550.250.40.110.290.23
0.960.44-0.27-0.260.970.73-0.960.280.280.281.00.870.80.78-0.260.9-0.260.86-0.25-0.250.980.790.350.890.94
0.230.01-1.0-1.00.330.22-0.37-0.070.281.00.280.090.370.47-1.00.47-1.00.22-1.0-0.550.270.40.110.30.23
0.230.01-1.0-1.00.330.22-0.36-0.070.281.00.280.080.360.46-1.00.46-1.00.21-1.0-0.550.270.40.110.290.23
0.960.44-0.27-0.260.970.73-0.960.281.00.280.280.870.80.78-0.260.9-0.260.86-0.25-0.250.980.790.350.890.94
0.90.17-0.07-0.070.770.58-0.780.10.870.090.080.870.590.45-0.060.72-0.070.79-0.06-0.150.910.540.030.590.86
0.820.56-0.35-0.350.860.79-0.770.360.80.370.360.80.590.88-0.350.89-0.350.8-0.34-0.420.820.970.290.830.84
0.730.66-0.46-0.450.880.65-0.830.440.780.470.460.780.450.88-0.450.86-0.450.65-0.45-0.320.750.910.470.910.74
-0.210.01.01.0-0.31-0.20.350.08-0.26-1.0-1.0-0.26-0.06-0.35-0.45-0.441.0-0.191.00.55-0.25-0.38-0.11-0.28-0.21
0.910.39-0.45-0.450.920.83-0.860.450.90.470.460.90.720.890.86-0.44-0.450.88-0.44-0.550.920.920.230.840.92
-0.210.01.01.0-0.32-0.210.350.08-0.26-1.0-1.0-0.26-0.07-0.35-0.451.0-0.45-0.21.00.55-0.25-0.38-0.11-0.28-0.21
0.940.46-0.2-0.20.840.95-0.70.210.860.220.210.860.790.80.65-0.190.88-0.2-0.19-0.320.90.810.070.750.95
-0.20.01.01.0-0.31-0.20.340.08-0.25-1.0-1.0-0.25-0.06-0.34-0.451.0-0.441.0-0.190.55-0.24-0.38-0.11-0.27-0.2
-0.270.370.550.55-0.27-0.330.28-0.55-0.25-0.55-0.55-0.25-0.15-0.42-0.320.55-0.550.55-0.320.55-0.3-0.440.1-0.16-0.28
0.990.4-0.25-0.250.950.77-0.910.250.980.270.270.980.910.820.75-0.250.92-0.250.9-0.24-0.30.820.260.840.97
0.820.59-0.39-0.380.880.83-0.760.40.790.40.40.790.540.970.91-0.380.92-0.380.81-0.38-0.440.820.340.870.85
0.210.39-0.11-0.110.480.08-0.450.110.350.110.110.350.030.290.47-0.110.23-0.110.07-0.110.10.260.340.640.19
0.830.67-0.29-0.280.960.71-0.880.290.890.30.290.890.590.830.91-0.280.84-0.280.75-0.27-0.160.840.870.640.83
0.990.47-0.22-0.210.920.86-0.830.230.940.230.230.940.860.840.74-0.210.92-0.210.95-0.2-0.280.970.850.190.83
Click cells to compare fundamentals

Paysign Account Relationship Matchups

Paysign fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.5M67.8M84.1M108.2M146.6M153.9M
Other Current Liab1.5M47.8M60.9M79.8M91.9M87.3M
Total Current Liabilities34.2M50.6M67.4M88.6M119.2M113.2M
Total Stockholder Equity19.6M13.2M13.0M16.3M24.5M25.7M
Property Plant And Equipment Net937.2K6.2M5.6M4.9M4.3M4.5M
Net Debt(9.7M)(3.5M)(3.4M)(6.0M)(13.7M)(13.0M)
Retained Earnings8.1M(1.1M)(3.8M)(2.7M)3.7M3.9M
Cash9.7M7.8M7.4M9.7M17.0M17.8M
Non Current Assets Total5.7M9.9M9.7M10.5M17.4M18.3M
Non Currrent Assets Other3.0M(4.8M)(9.9M)(10.5M)4.3M4.5M
Cash And Short Term Investments9.7M7.8M7.4M9.7M17.0M17.8M
Net Receivables891.9K654.9K4.4M6.1M17.8M18.7M
Common Stock Total Equity46.4K48.6K50.3K52.7K60.5K47.0K
Common Stock Shares Outstanding54.6M49.3M51.0M52.9M54.2M50.3M
Liabilities And Stockholders Equity53.5M67.8M84.1M108.2M146.6M153.9M
Other Current Assets1.4M49.5M62.5M81.9M94.4M89.7M
Other Stockholder Equity11.4M14.2M16.7M19.0M20.7M21.8M
Total Liab34.2M54.6M71.1M92.0M122.1M116.0M
Property Plant And Equipment Gross937.2K6.2M5.6M4.9M7.0M7.4M
Total Current Assets47.9M58.0M74.3M97.7M129.2M122.7M
Intangible Assets3.8M3.7M4.1M5.7M8.8M9.3M
Common Stock48.6K50.3K52.1K52.7K53.5K48.5K
Non Current Liabilities Total32.7M4.0M3.7M3.3M2.9M4.3M
Net Tangible Assets15.7M9.5M8.9M10.6M12.2M12.8M
Current Deferred Revenue32.7M48.1M61.3M80.2M92.3M96.9M
Accounts Payable1.5M2.2M5.8M8.1M26.5M27.8M
Retained Earnings Total Equity579.6K8.1M(1.1M)(2.7M)(3.2M)(3.3M)
Capital Surpluse8.6M11.6M14.4M19.1M22.0M23.1M
Property Plant Equipment937.2K6.2M5.6M1.3M1.4M1.7M
Inventory35.9M48.1M61.3M80.2M92.2M96.8M
Net Invested Capital19.6M13.2M13.0M16.3M24.5M15.8M
Net Working Capital13.6M7.4M6.9M9.1M10.0M8.7M
Capital Stock48.6K50.3K52.1K52.7K53.5K55.6K

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