Phoenix Income Tax Expense vs Cost Of Revenue Analysis

PEV Stock

USD 0.34 0.02 6.25%

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

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 Phoenix Motor Common Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.

The correlation between Phoenix's Income Tax Expense and Cost Of Revenue is -0.89. 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 Phoenix Motor Common, assuming nothing else is changed. The correlation between historical values of Phoenix'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 Phoenix Motor Common 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., Phoenix's Income Tax Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

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Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Phoenix Motor Common income statement and represents the costs associated with goods and services Phoenix 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 Phoenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix Motor Common 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 Phoenix Motor Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Phoenix's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 57.4 M in 2024, whereas Tax Provision is likely to drop slightly above 15.4 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	3K	7K	606K	636.3K
Depreciation And Amortization	1.7M	2.3M	2.0M	1.7M

Interest Expense Depreciation And Amortization

Phoenix fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment
Total Assets		-0.23	0.01	0.01	0.97	-0.07	0.91	0.09	0.06	-0.74	0.93	0.16	0.85	0.85	-0.41	0.85	-0.44	-0.84	-0.34	0.15	-0.85	-0.87	0.91	0.11	0.85	-0.56
Short Long Term Debt Total	-0.23		0.82	0.75	-0.27	-0.83	0.06	-0.35	-0.79	0.74	-0.34	0.65	-0.5	0.09	0.88	-0.5	-0.46	-0.11	0.11	0.89	0.29	0.05	-0.35	0.89	0.09	-0.46
Other Current Liab	0.01	0.82		0.75	0.01	-0.49	0.21	0.06	-0.68	0.6	-0.07	0.66	-0.4	0.33	0.83	-0.4	-0.39	-0.26	0.24	0.72	0.15	-0.09	-0.25	0.71	0.22	-0.6
Total Current Liabilities	0.01	0.75	0.75		0.02	-0.64	0.36	-0.55	-0.94	0.37	0.02	0.96	-0.13	0.15	0.49	-0.13	-0.8	-0.35	-0.42	0.84	-0.05	-0.12	-0.07	0.85	0.4	-0.64
Total Stockholder Equity	0.97	-0.27	0.01	0.02		-0.02	0.92	0.08	0.0	-0.71	0.99	0.21	0.79	0.88	-0.46	0.79	-0.47	-0.89	-0.35	0.11	-0.92	-0.92	0.83	0.08	0.89	-0.63
Other Liab	-0.07	-0.83	-0.49	-0.64	-0.02		-0.38	0.65	0.78	-0.38	0.01	-0.65	0.12	-0.3	-0.5	0.12	0.7	0.41	0.24	-0.94	0.13	0.31	0.0	-0.94	-0.42	0.6
Net Tangible Assets	0.91	0.06	0.21	0.36	0.92	-0.38		-0.24	-0.34	-0.54	0.9	0.52	0.72	0.87	-0.26	0.72	-0.76	-0.96	-0.53	0.48	-0.89	-0.92	0.79	0.45	0.98	-0.8
Property Plant And Equipment Net	0.09	-0.35	0.06	-0.55	0.08	0.65	-0.24		0.67	-0.04	0.0	-0.61	-0.11	0.13	0.1	-0.11	0.73	0.22	0.78	-0.56	0.21	0.12	-0.05	-0.59	-0.31	0.29
Current Deferred Revenue	0.06	-0.79	-0.68	-0.94	0.0	0.78	-0.34	0.67		-0.47	-0.02	-0.95	0.24	-0.19	-0.47	0.24	0.83	0.41	0.39	-0.88	0.13	0.21	0.19	-0.9	-0.43	0.72
Net Debt	-0.74	0.74	0.6	0.37	-0.71	-0.38	-0.54	-0.04	-0.47		-0.73	0.24	-0.95	-0.33	0.87	-0.95	0.1	0.4	0.52	0.39	0.68	0.49	-0.88	0.42	-0.46	-0.03
Retained Earnings	0.93	-0.34	-0.07	0.02	0.99	0.01	0.9	0.0	-0.02	-0.73		0.23	0.79	0.84	-0.55	0.79	-0.5	-0.89	-0.44	0.08	-0.96	-0.92	0.8	0.05	0.89	-0.63
Accounts Payable	0.16	0.65	0.66	0.96	0.21	-0.65	0.52	-0.61	-0.95	0.24	0.23		-0.01	0.3	0.32	-0.01	-0.9	-0.55	-0.53	0.83	-0.29	-0.33	0.03	0.84	0.58	-0.78
Cash	0.85	-0.5	-0.4	-0.13	0.79	0.12	0.72	-0.11	0.24	-0.95	0.79	-0.01		0.46	-0.72	1.0	-0.34	-0.56	-0.61	-0.09	-0.74	-0.61	0.98	-0.13	0.64	-0.18
Non Current Assets Total	0.85	0.09	0.33	0.15	0.88	-0.3	0.87	0.13	-0.19	-0.33	0.84	0.3	0.46		-0.05	0.46	-0.48	-0.92	-0.06	0.38	-0.79	-0.94	0.58	0.35	0.87	-0.81
Non Currrent Assets Other	-0.41	0.88	0.83	0.49	-0.46	-0.5	-0.26	0.1	-0.47	0.87	-0.55	0.32	-0.72	-0.05		-0.72	-0.01	0.2	0.54	0.58	0.59	0.31	-0.56	0.58	-0.25	-0.18
Cash And Short Term Investments	0.85	-0.5	-0.4	-0.13	0.79	0.12	0.72	-0.11	0.24	-0.95	0.79	-0.01	1.0	0.46	-0.72		-0.34	-0.56	-0.61	-0.09	-0.74	-0.61	0.98	-0.13	0.64	-0.18
Net Receivables	-0.44	-0.46	-0.39	-0.8	-0.47	0.7	-0.76	0.73	0.83	0.1	-0.5	-0.9	-0.34	-0.48	-0.01	-0.34		0.75	0.73	-0.79	0.59	0.6	-0.37	-0.8	-0.81	0.82
Non Current Liabilities Total	-0.84	-0.11	-0.26	-0.35	-0.89	0.41	-0.96	0.22	0.41	0.4	-0.89	-0.55	-0.56	-0.92	0.2	-0.56	0.75		0.43	-0.49	0.91	0.97	-0.62	-0.47	-0.99	0.9
Inventory	-0.34	0.11	0.24	-0.42	-0.35	0.24	-0.53	0.78	0.39	0.52	-0.44	-0.53	-0.61	-0.06	0.54	-0.61	0.73	0.43		-0.27	0.55	0.34	-0.52	-0.27	-0.54	0.3
Other Current Assets	0.15	0.89	0.72	0.84	0.11	-0.94	0.48	-0.56	-0.88	0.39	0.08	0.83	-0.09	0.38	0.58	-0.09	-0.79	-0.49	-0.27		-0.15	-0.33	0.04	1.0	0.51	-0.73
Other Stockholder Equity	-0.85	0.29	0.15	-0.05	-0.92	0.13	-0.89	0.21	0.13	0.68	-0.96	-0.29	-0.74	-0.79	0.59	-0.74	0.59	0.91	0.55	-0.15		0.94	-0.73	-0.13	-0.91	0.66
Total Liab	-0.87	0.05	-0.09	-0.12	-0.92	0.31	-0.92	0.12	0.21	0.49	-0.92	-0.33	-0.61	-0.94	0.31	-0.61	0.6	0.97	0.34	-0.33	0.94		-0.67	-0.31	-0.94	0.79
Total Current Assets	0.91	-0.35	-0.25	-0.07	0.83	0.0	0.79	-0.05	0.19	-0.88	0.8	0.03	0.98	0.58	-0.56	0.98	-0.37	-0.62	-0.52	0.04	-0.73	-0.67		-0.01	0.69	-0.27
Short Term Debt	0.11	0.89	0.71	0.85	0.08	-0.94	0.45	-0.59	-0.9	0.42	0.05	0.84	-0.13	0.35	0.58	-0.13	-0.8	-0.47	-0.27	1.0	-0.13	-0.31	-0.01		0.49	-0.72
Intangible Assets	0.85	0.09	0.22	0.4	0.89	-0.42	0.98	-0.31	-0.43	-0.46	0.89	0.58	0.64	0.87	-0.25	0.64	-0.81	-0.99	-0.54	0.51	-0.91	-0.94	0.69	0.49		-0.87
Property Plant Equipment	-0.56	-0.46	-0.6	-0.64	-0.63	0.6	-0.8	0.29	0.72	-0.03	-0.63	-0.78	-0.18	-0.81	-0.18	-0.18	0.82	0.9	0.3	-0.73	0.66	0.79	-0.27	-0.72	-0.87

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Phoenix Income Tax Expense vs Cost Of Revenue Analysis

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Income Tax Expense

Cost Of Revenue

Phoenix fundamental ratios Correlations

Phoenix Account Relationship Matchups

High Positive Relationship

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Additional Tools for Phoenix Stock Analysis

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 1.0	Other Current Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.98	Net Tangible Assets
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments

Intangible Assets	- 0.99	Non Current Liabilities Total
Other Stockholder Equity	- 0.96	Retained Earnings
Non Current Liabilities Total	- 0.96	Net Tangible Assets
Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Accounts Payable	- 0.95	Current Deferred Revenue