REPX Stock | | | USD 36.88 1.01 2.82% |
Riley Exploration financial indicator trend analysis is much more than just breaking down Riley Exploration Permian prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Riley Exploration Permian is a good investment. Please check the relationship between Riley Exploration Ebitda and its Cost Of Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riley Exploration Permian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Ebitda vs Cost Of Revenue
Ebitda vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Riley Exploration Permian Ebitda account and
Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Riley Exploration's Ebitda and Cost Of Revenue is 0.92. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Riley Exploration Permian, assuming nothing else is changed. The correlation between historical values of Riley Exploration's Ebitda 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 Ebitda of Riley Exploration Permian 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 Ebitda i.e., Riley Exploration's Ebitda and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Cost Of Revenue
Cost of Revenue is found on Riley Exploration Permian income statement and represents the costs associated with goods and services Riley Exploration 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 Riley Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Riley Exploration Permian 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 Riley Exploration Permian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Riley Exploration's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 36.2
M in 2024, whereas
Discontinued Operations is likely to drop (17.8
M) in 2024.
Riley Exploration fundamental ratios Correlations
Click cells to compare fundamentals
Riley Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Riley Exploration fundamental ratios Accounts
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Additional Tools for Riley Stock Analysis
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measure Riley Exploration'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 Riley Exploration is operating at the current time. Most of Riley Exploration's value examination focuses on studying past and present price action to
predict the probability of Riley Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riley Exploration's price. Additionally, you may evaluate how the addition of Riley Exploration to your portfolios can decrease your overall portfolio volatility.