Precision Depreciation And Amortization vs Cost Of Revenue Analysis
POCI Stock | 5.03 0.29 5.45% |
Precision Optics, financial indicator trend analysis is much more than just breaking down Precision Optics, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Precision Optics, is a good investment. Please check the relationship between Precision Optics, Depreciation And Amortization and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Optics,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Precision Stock please use our How to Invest in Precision Optics, guide.
Depreciation And Amortization vs Cost Of Revenue
Depreciation And Amortization vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Precision Optics, Depreciation And Amortization account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Precision Optics,'s Depreciation And Amortization and Cost Of Revenue is 0.9. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Precision Optics,, assuming nothing else is changed. The correlation between historical values of Precision Optics,'s Depreciation And Amortization 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 Depreciation And Amortization of Precision Optics, 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 Depreciation And Amortization i.e., Precision Optics,'s Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Cost Of Revenue
Cost of Revenue is found on Precision Optics, income statement and represents the costs associated with goods and services Precision Optics, 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 Precision Optics,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Precision Optics, 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 Precision Optics,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Precision Stock please use our How to Invest in Precision Optics, guide.The Precision Optics,'s current Enterprise Value is estimated to increase to about 42.9 M, while Tax Provision is projected to decrease to 1,616.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 15.7M | 21.0M | 19.1M | 20.1M | Depreciation And Amortization | 245.2K | 210.7K | 212.4K | 150.6K |
Precision Optics, fundamental ratios Correlations
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Precision Optics, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Precision Optics, fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.4M | 6.3M | 16.7M | 19.7M | 16.9M | 17.8M | |
Short Long Term Debt Total | 1.0M | 252.0K | 3.0M | 3.2M | 3.4M | 3.6M | |
Total Current Liabilities | 3.1M | 2.5M | 4.6M | 5.3M | 4.9M | 5.2M | |
Total Stockholder Equity | 2.8M | 3.4M | 9.0M | 12.0M | 10.1M | 10.6M | |
Property Plant And Equipment Net | 621.6K | 655.5K | 1.1M | 792.0K | 683.6K | 511.8K | |
Net Debt | (119.8K) | (609.7K) | 2.4M | 233.5K | 3.0M | 3.2M | |
Retained Earnings | (47.1M) | (47.2M) | (48.1M) | (48.2M) | (51.2M) | (48.6M) | |
Cash | 1.1M | 861.7K | 605.7K | 2.9M | 405.3K | 385.0K | |
Non Current Assets Total | 1.4M | 1.5M | 10.2M | 9.9M | 9.8M | 10.3M | |
Cash And Short Term Investments | 1.1M | 861.7K | 605.7K | 2.9M | 405.3K | 385.0K | |
Net Receivables | 1.5M | 1.9M | 2.7M | 3.9M | 3.5M | 3.7M | |
Common Stock Shares Outstanding | 4.3M | 4.4M | 5.3M | 5.7M | 6.1M | 6.4M | |
Liabilities And Stockholders Equity | 6.4M | 6.3M | 16.7M | 19.7M | 16.9M | 17.8M | |
Non Current Liabilities Total | 430.4K | 319.1K | 3.1M | 2.4M | 1.9M | 2.0M | |
Inventory | 2.2M | 1.9M | 3.0M | 2.8M | 2.9M | 3.0M | |
Other Stockholder Equity | 49.7M | 50.5M | 56.9M | 60.2M | 61.2M | 34.5M | |
Total Liab | 3.6M | 2.8M | 7.7M | 7.7M | 6.8M | 7.2M | |
Total Current Assets | 4.9M | 4.8M | 6.5M | 9.9M | 7.1M | 3.6M | |
Other Current Liab | 748.4K | 756.3K | 883.4K | 927.5K | 401.5K | 522.7K | |
Accounts Payable | 1.1M | 1.2M | 2.2M | 2.4M | 1.4M | 728.8K | |
Other Current Assets | 133.7K | 150.6K | 213.4K | 249.7K | 299.4K | 314.3K | |
Intangible Assets | 95.2K | 141.7K | 229.4K | 265.1K | 286.6K | 300.9K | |
Non Currrent Assets Other | (1.4M) | (1.5M) | (10.2M) | (9.9M) | (8.9M) | (8.4M) | |
Short Term Debt | 917.9K | 99.6K | 559.0K | 725.1K | 1.7M | 1.8M | |
Common Stock | 131.9K | 132.8K | 169.2K | 60.7K | 60.7K | 98.1K | |
Current Deferred Revenue | 417.1K | 450.1K | 905.1K | 1.2M | 1.2M | 1.2M | |
Net Tangible Assets | 2.0M | 2.6M | (82.1K) | 3.0M | 2.7M | 1.6M | |
Capital Lease Obligations | 206.0K | 252.0K | 670.1K | 470.1K | 258.5K | 343.1K | |
Net Invested Capital | 3.6M | 3.4M | 11.3M | 14.7M | 13.2M | 9.1M | |
Capital Stock | 131.9K | 132.8K | 169.2K | 60.7K | 60.7K | 90.1K | |
Net Working Capital | 1.8M | 2.3M | 1.9M | 4.6M | 2.2M | 2.9M | |
Property Plant Equipment | 621.6K | 655.5K | 1.1M | 792.0K | 910.8K | 791.4K |
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When determining whether Precision Optics, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Precision Optics,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Precision Optics, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Precision Optics, Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Optics,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Precision Stock please use our How to Invest in Precision Optics, guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Precision Optics,. If investors know Precision will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Precision Optics, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.62) | Revenue Per Share 3.148 | Quarterly Revenue Growth (0.06) | Return On Assets (0.09) | Return On Equity (0.27) |
The market value of Precision Optics, is measured differently than its book value, which is the value of Precision that is recorded on the company's balance sheet. Investors also form their own opinion of Precision Optics,'s value that differs from its market value or its book value, called intrinsic value, which is Precision Optics,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Precision Optics,'s market value can be influenced by many factors that don't directly affect Precision Optics,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Precision Optics,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision Optics, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision Optics,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.