Precision Operating Income vs Cost Of Revenue Analysis

POCI Stock   5.11  0.02  0.39%   
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, Operating Income 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.

Operating Income vs Cost Of Revenue

Operating Income 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, Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Precision Optics,'s Operating Income and Cost Of Revenue is -0.57. Overlapping area represents the amount of variation of Operating Income 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 Operating Income 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 Operating Income 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 Operating Income i.e., Precision Optics,'s Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Precision Optics, operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Precision Optics, is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 Revenue15.7M21.0M19.1M20.1M
Depreciation And Amortization245.2K210.7K212.4K150.6K

Precision Optics, fundamental ratios Correlations

0.960.960.990.840.7-0.380.420.980.420.970.860.960.950.440.990.830.370.740.950.96-0.960.80.290.880.53
0.960.90.970.770.85-0.360.220.990.220.910.810.940.920.380.940.70.140.630.910.95-0.970.880.190.860.58
0.960.90.930.830.63-0.470.450.910.450.980.930.890.970.50.980.850.520.740.950.91-0.870.790.420.880.42
0.990.970.930.810.7-0.350.420.980.420.970.830.940.930.410.960.820.310.710.940.96-0.950.80.220.870.53
0.840.770.830.810.51-0.270.420.80.420.80.760.860.890.420.870.840.460.810.760.82-0.770.580.630.70.27
0.70.850.630.70.51-0.35-0.340.81-0.340.620.630.730.710.270.690.27-0.240.340.690.76-0.80.830.10.650.49
-0.38-0.36-0.47-0.35-0.27-0.350.01-0.370.01-0.38-0.67-0.34-0.51-0.91-0.43-0.33-0.32-0.41-0.36-0.260.43-0.33-0.08-0.2-0.1
0.420.220.450.420.42-0.340.010.261.00.470.280.320.330.180.410.740.690.50.350.29-0.240.050.180.340.12
0.980.990.910.980.80.81-0.370.260.260.920.820.970.930.410.960.730.220.690.910.95-0.990.820.230.860.59
0.420.220.450.420.42-0.340.011.00.260.470.280.320.330.180.410.740.690.50.350.29-0.240.050.180.340.12
0.970.910.980.970.80.62-0.380.470.920.470.890.870.940.420.960.850.450.70.980.95-0.880.80.310.890.42
0.860.810.930.830.760.63-0.670.280.820.280.890.770.940.650.90.750.440.680.870.84-0.80.760.470.80.26
0.960.940.890.940.860.73-0.340.320.970.320.870.770.910.420.960.760.30.780.850.9-0.970.690.350.80.61
0.950.920.970.930.890.71-0.510.330.930.330.940.940.910.530.970.80.410.740.930.92-0.890.820.470.830.37
0.440.380.50.410.420.27-0.910.180.410.180.420.650.420.530.490.550.390.630.360.29-0.490.250.10.240.29
0.990.940.980.960.870.69-0.430.410.960.410.960.90.960.970.490.840.450.780.940.93-0.940.770.40.870.51
0.830.70.850.820.840.27-0.330.740.730.740.850.750.760.80.550.840.630.860.770.74-0.720.50.360.710.43
0.370.140.520.310.46-0.24-0.320.690.220.690.450.440.30.410.390.450.630.490.40.2-0.190.030.490.23-0.01
0.740.630.740.710.810.34-0.410.50.690.50.70.680.780.740.630.780.860.490.60.63-0.740.310.410.570.46
0.950.910.950.940.760.69-0.360.350.910.350.980.870.850.930.360.940.770.40.60.94-0.850.860.310.860.41
0.960.950.910.960.820.76-0.260.290.950.290.950.840.90.920.290.930.740.20.630.94-0.90.850.320.920.42
-0.96-0.97-0.87-0.95-0.77-0.80.43-0.24-0.99-0.24-0.88-0.8-0.97-0.89-0.49-0.94-0.72-0.19-0.74-0.85-0.9-0.75-0.18-0.81-0.65
0.80.880.790.80.580.83-0.330.050.820.050.80.760.690.820.250.770.50.030.310.860.85-0.750.120.760.36
0.290.190.420.220.630.1-0.080.180.230.180.310.470.350.470.10.40.360.490.410.310.32-0.180.120.36-0.23
0.880.860.880.870.70.65-0.20.340.860.340.890.80.80.830.240.870.710.230.570.860.92-0.810.760.360.46
0.530.580.420.530.270.49-0.10.120.590.120.420.260.610.370.290.510.43-0.010.460.410.42-0.650.36-0.230.46
Click cells to compare fundamentals

Precision Optics, Account Relationship Matchups

Precision Optics, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.4M6.3M16.7M19.7M16.9M17.8M
Short Long Term Debt Total1.0M252.0K3.0M3.2M3.4M3.6M
Total Current Liabilities3.1M2.5M4.6M5.3M4.9M5.2M
Total Stockholder Equity2.8M3.4M9.0M12.0M10.1M10.6M
Property Plant And Equipment Net621.6K655.5K1.1M792.0K683.6K511.8K
Net Debt(119.8K)(609.7K)2.4M233.5K3.0M3.2M
Retained Earnings(47.1M)(47.2M)(48.1M)(48.2M)(51.2M)(48.6M)
Cash1.1M861.7K605.7K2.9M405.3K385.0K
Non Current Assets Total1.4M1.5M10.2M9.9M9.8M10.3M
Cash And Short Term Investments1.1M861.7K605.7K2.9M405.3K385.0K
Net Receivables1.5M1.9M2.7M3.9M3.5M3.7M
Common Stock Shares Outstanding4.3M4.4M5.3M5.7M6.1M6.4M
Liabilities And Stockholders Equity6.4M6.3M16.7M19.7M16.9M17.8M
Non Current Liabilities Total430.4K319.1K3.1M2.4M1.9M2.0M
Inventory2.2M1.9M3.0M2.8M2.9M3.0M
Other Stockholder Equity49.7M50.5M56.9M60.2M61.2M34.5M
Total Liab3.6M2.8M7.7M7.7M6.8M7.2M
Total Current Assets4.9M4.8M6.5M9.9M7.1M3.6M
Other Current Liab748.4K756.3K883.4K927.5K401.5K522.7K
Accounts Payable1.1M1.2M2.2M2.4M1.4M728.8K
Other Current Assets133.7K150.6K213.4K249.7K299.4K314.3K
Intangible Assets95.2K141.7K229.4K265.1K286.6K300.9K
Non Currrent Assets Other(1.4M)(1.5M)(10.2M)(9.9M)(8.9M)(8.4M)
Short Term Debt917.9K99.6K559.0K725.1K1.7M1.8M
Common Stock131.9K132.8K169.2K60.7K60.7K98.1K
Current Deferred Revenue417.1K450.1K905.1K1.2M1.2M1.2M
Net Tangible Assets2.0M2.6M(82.1K)3.0M2.7M1.6M
Capital Lease Obligations206.0K252.0K670.1K470.1K258.5K343.1K
Net Invested Capital3.6M3.4M11.3M14.7M13.2M9.1M
Capital Stock131.9K132.8K169.2K60.7K60.7K90.1K
Net Working Capital1.8M2.3M1.9M4.6M2.2M2.9M
Property Plant Equipment621.6K655.5K1.1M792.0K910.8K791.4K

Currently Active Assets on Macroaxis

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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.