Reddit, Research Development vs Cost Of Revenue Analysis

RDDT Stock   135.61  6.29  4.43%   
Reddit, financial indicator trend analysis is much more than just breaking down Reddit, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reddit, is a good investment. Please check the relationship between Reddit, Research Development and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reddit,. 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.
For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.

Research Development vs Cost Of Revenue

Research Development vs Cost Of Revenue Correlation Analysis

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

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Research Development

Cost Of Revenue

Cost of Revenue is found on Reddit, income statement and represents the costs associated with goods and services Reddit, 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 Reddit,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reddit, 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 Reddit,. 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.
For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.At this time, Reddit,'s Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 136.6 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.8M8M13.7M7.3M
Tax Provision340K622K3.8M4.0M

Reddit, fundamental ratios Correlations

0.00.790.891.00.261.0-0.78-0.930.920.790.710.310.951.00.940.780.90.650.330.0-0.56-0.50.940.84-0.94
0.00.610.45-0.030.96-0.010.56-0.310.38-0.540.660.460.31-0.070.330.560.390.64-0.771.0-0.49-0.770.340.52-0.28
0.790.610.980.770.790.79-0.26-0.910.960.280.980.440.940.740.950.980.930.93-0.150.61-0.67-0.830.950.99-0.9
0.890.450.980.870.670.89-0.43-0.960.990.440.950.420.990.850.990.970.970.89-0.010.45-0.66-0.770.991.0-0.95
1.0-0.030.770.870.231.0-0.8-0.920.910.810.680.30.931.00.930.760.890.620.35-0.03-0.55-0.480.930.83-0.93
0.260.960.790.670.230.260.33-0.540.61-0.310.820.540.540.190.570.740.610.78-0.670.96-0.63-0.890.570.72-0.52
1.0-0.010.790.891.00.26-0.76-0.930.910.770.720.260.950.990.930.790.90.670.36-0.01-0.54-0.470.940.85-0.94
-0.780.56-0.26-0.43-0.80.33-0.760.53-0.51-1.0-0.12-0.17-0.54-0.82-0.55-0.24-0.44-0.04-0.590.560.180.05-0.54-0.350.55
-0.93-0.31-0.91-0.96-0.92-0.54-0.930.53-0.96-0.55-0.85-0.47-0.97-0.91-0.97-0.89-0.99-0.8-0.02-0.310.780.72-0.97-0.941.0
0.920.380.960.990.910.610.91-0.51-0.960.520.910.440.990.891.00.940.960.840.030.38-0.65-0.751.00.98-0.96
0.79-0.540.280.440.81-0.310.77-1.0-0.550.520.140.190.550.830.570.250.470.050.57-0.54-0.21-0.070.550.36-0.57
0.710.660.980.950.680.820.72-0.12-0.850.910.140.320.90.650.890.990.890.98-0.150.66-0.61-0.780.90.97-0.85
0.310.460.440.420.30.540.26-0.17-0.470.440.190.320.350.290.440.270.450.15-0.690.46-0.8-0.830.390.41-0.44
0.950.310.940.990.930.540.95-0.54-0.970.990.550.90.350.920.990.940.970.850.130.31-0.64-0.671.00.97-0.98
1.0-0.070.740.851.00.190.99-0.82-0.910.890.830.650.290.920.910.740.870.590.37-0.07-0.53-0.450.910.8-0.92
0.940.330.950.990.930.570.93-0.55-0.971.00.570.890.440.990.910.930.960.820.060.33-0.66-0.731.00.97-0.97
0.780.560.980.970.760.740.79-0.24-0.890.940.250.990.270.940.740.930.920.97-0.020.56-0.57-0.720.940.98-0.88
0.90.390.930.970.890.610.9-0.44-0.990.960.470.890.450.970.870.960.920.85-0.030.39-0.79-0.740.970.96-0.99
0.650.640.930.890.620.780.67-0.04-0.80.840.050.980.150.850.590.820.970.85-0.070.64-0.52-0.660.840.92-0.8
0.33-0.77-0.15-0.010.35-0.670.36-0.59-0.020.030.57-0.15-0.690.130.370.06-0.02-0.03-0.07-0.770.510.630.09-0.07-0.06
0.01.00.610.45-0.030.96-0.010.56-0.310.38-0.540.660.460.31-0.070.330.560.390.64-0.77-0.49-0.770.340.52-0.28
-0.56-0.49-0.67-0.66-0.55-0.63-0.540.180.78-0.65-0.21-0.61-0.8-0.64-0.53-0.66-0.57-0.79-0.520.51-0.490.82-0.64-0.670.76
-0.5-0.77-0.83-0.77-0.48-0.89-0.470.050.72-0.75-0.07-0.78-0.83-0.67-0.45-0.73-0.72-0.74-0.660.63-0.770.82-0.71-0.790.69
0.940.340.950.990.930.570.94-0.54-0.971.00.550.90.391.00.911.00.940.970.840.090.34-0.64-0.710.98-0.97
0.840.520.991.00.830.720.85-0.35-0.940.980.360.970.410.970.80.970.980.960.92-0.070.52-0.67-0.790.98-0.94
-0.94-0.28-0.9-0.95-0.93-0.52-0.940.551.0-0.96-0.57-0.85-0.44-0.98-0.92-0.97-0.88-0.99-0.8-0.06-0.280.760.69-0.97-0.94
Click cells to compare fundamentals

Reddit, Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Reddit, Stock Analysis

When running Reddit,'s price analysis, check to measure Reddit,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reddit, is operating at the current time. Most of Reddit,'s value examination focuses on studying past and present price action to predict the probability of Reddit,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reddit,'s price. Additionally, you may evaluate how the addition of Reddit, to your portfolios can decrease your overall portfolio volatility.