RMAX Gross Profit vs Cost Of Revenue Analysis

RMAX Stock

USD 13.23 1.62 13.95%

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

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Re Max Holding Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Re Max's Gross Profit and Cost Of Revenue is -0.19. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Re Max Holding, assuming nothing else is changed. The correlation between historical values of Re Max's Gross Profit 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 Gross Profit of Re Max Holding 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 Gross Profit i.e., Re Max's Gross Profit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Re Max Holding minus its cost of goods sold. It is profit before Re Max operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

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

At this time, Re Max's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.57 in 2024, whereas Selling General Administrative is likely to drop slightly above 136.7 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	11.3M	20.9M	35.7M	37.5M
Depreciation And Amortization	293.6M	301.8M	32.4M	30.8M

Interest Expense Depreciation And Amortization

Re Max fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Common Stock Shares Outstanding		-0.45	-0.13	-0.27	-0.22	-0.74	-0.92	-0.09	-0.28	0.03	0.25	-0.62	-0.43	-0.19	-0.68	-0.11	-0.62	-0.24	-0.26	-0.91	-0.14	-0.07	-0.23	-0.41	-0.16	-0.09
Total Assets	-0.45		0.86	0.82	0.89	0.81	0.41	0.78	0.89	0.77	0.58	0.71	0.99	0.84	0.51	0.56	0.71	0.92	0.95	0.72	0.87	0.74	0.5	0.78	0.9	0.81
Short Long Term Debt Total	-0.13	0.86		0.76	0.9	0.45	0.08	0.7	0.74	0.97	0.86	0.55	0.82	0.72	0.12	0.78	0.55	0.88	0.92	0.38	0.99	0.59	0.64	0.56	0.99	0.77
Other Current Liab	-0.27	0.82	0.76		0.91	0.59	0.15	0.84	0.76	0.7	0.55	0.55	0.78	0.79	0.47	0.52	0.55	0.9	0.8	0.49	0.74	0.46	0.78	0.64	0.81	0.88
Total Current Liabilities	-0.22	0.89	0.9	0.91		0.58	0.11	0.89	0.81	0.84	0.71	0.63	0.83	0.86	0.39	0.64	0.63	0.96	0.9	0.47	0.87	0.62	0.62	0.64	0.93	0.94
Total Stockholder Equity	-0.74	0.81	0.45	0.59	0.58		0.76	0.5	0.72	0.35	0.03	0.55	0.83	0.53	0.75	0.32	0.55	0.68	0.7	0.94	0.47	0.5	0.32	0.86	0.51	0.5
Other Liab	-0.92	0.41	0.08	0.15	0.11	0.76		-0.06	0.21	-0.04	-0.35	0.46	0.42	0.03	0.65	0.09	0.46	0.18	0.26	0.89	0.12	0.0	0.16	0.56	0.12	-0.04
Property Plant And Equipment Net	-0.09	0.78	0.7	0.84	0.89	0.5	-0.06		0.81	0.64	0.62	0.52	0.75	0.9	0.34	0.37	0.52	0.88	0.75	0.35	0.66	0.74	0.38	0.52	0.74	0.99
Current Deferred Revenue	-0.28	0.89	0.74	0.76	0.81	0.72	0.21	0.81		0.68	0.58	0.53	0.89	0.82	0.38	0.52	0.53	0.9	0.89	0.58	0.72	0.85	0.45	0.73	0.77	0.8
Net Debt	0.03	0.77	0.97	0.7	0.84	0.35	-0.04	0.64	0.68		0.88	0.35	0.75	0.62	-0.01	0.81	0.35	0.84	0.89	0.25	0.96	0.53	0.63	0.52	0.95	0.72
Accounts Payable	0.25	0.58	0.86	0.55	0.71	0.03	-0.35	0.62	0.58	0.88		0.34	0.53	0.61	-0.25	0.69	0.34	0.66	0.68	-0.05	0.84	0.58	0.47	0.21	0.83	0.67
Cash	-0.62	0.71	0.55	0.55	0.63	0.55	0.46	0.52	0.53	0.35	0.34		0.61	0.67	0.54	0.25	1.0	0.53	0.53	0.62	0.57	0.48	0.31	0.42	0.6	0.53
Non Current Assets Total	-0.43	0.99	0.82	0.78	0.83	0.83	0.42	0.75	0.89	0.75	0.53	0.61		0.8	0.49	0.53	0.61	0.9	0.95	0.72	0.84	0.74	0.45	0.81	0.86	0.77
Non Currrent Assets Other	-0.19	0.84	0.72	0.79	0.86	0.53	0.03	0.9	0.82	0.62	0.61	0.67	0.8		0.45	0.29	0.67	0.84	0.78	0.41	0.7	0.81	0.33	0.48	0.77	0.9
Other Assets	-0.68	0.51	0.12	0.47	0.39	0.75	0.65	0.34	0.38	-0.01	-0.25	0.54	0.49	0.45		0.05	0.54	0.41	0.35	0.74	0.13	0.21	0.18	0.57	0.21	0.31
Long Term Debt	-0.11	0.56	0.78	0.52	0.64	0.32	0.09	0.37	0.52	0.81	0.69	0.25	0.53	0.29	0.05		0.25	0.66	0.71	0.31	0.75	0.24	0.69	0.47	0.74	0.43
Cash And Short Term Investments	-0.62	0.71	0.55	0.55	0.63	0.55	0.46	0.52	0.53	0.35	0.34	1.0	0.61	0.67	0.54	0.25		0.53	0.53	0.62	0.57	0.48	0.31	0.42	0.6	0.53
Net Receivables	-0.24	0.92	0.88	0.9	0.96	0.68	0.18	0.88	0.9	0.84	0.66	0.53	0.9	0.84	0.41	0.66	0.53		0.96	0.55	0.84	0.67	0.62	0.75	0.9	0.91
Good Will	-0.26	0.95	0.92	0.8	0.9	0.7	0.26	0.75	0.89	0.89	0.68	0.53	0.95	0.78	0.35	0.71	0.53	0.96		0.58	0.92	0.7	0.57	0.77	0.94	0.8
Common Stock Total Equity	-0.91	0.72	0.38	0.49	0.47	0.94	0.89	0.35	0.58	0.25	-0.05	0.62	0.72	0.41	0.74	0.31	0.62	0.55	0.58		0.39	0.33	0.34	0.7	0.42	0.35
Non Current Liabilities Total	-0.14	0.87	0.99	0.74	0.87	0.47	0.12	0.66	0.72	0.96	0.84	0.57	0.84	0.7	0.13	0.75	0.57	0.84	0.92	0.39		0.59	0.61	0.58	0.99	0.73
Inventory	-0.07	0.74	0.59	0.46	0.62	0.5	0.0	0.74	0.85	0.53	0.58	0.48	0.74	0.81	0.21	0.24	0.48	0.67	0.7	0.33	0.59		-0.01	0.49	0.62	0.7
Other Current Assets	-0.23	0.5	0.64	0.78	0.62	0.32	0.16	0.38	0.45	0.63	0.47	0.31	0.45	0.33	0.18	0.69	0.31	0.62	0.57	0.34	0.61	-0.01		0.43	0.63	0.46
Other Stockholder Equity	-0.41	0.78	0.56	0.64	0.64	0.86	0.56	0.52	0.73	0.52	0.21	0.42	0.81	0.48	0.57	0.47	0.42	0.75	0.77	0.7	0.58	0.49	0.43		0.62	0.54
Total Liab	-0.16	0.9	0.99	0.81	0.93	0.51	0.12	0.74	0.77	0.95	0.83	0.6	0.86	0.77	0.21	0.74	0.6	0.9	0.94	0.42	0.99	0.62	0.63	0.62		0.81
Property Plant And Equipment Gross	-0.09	0.81	0.77	0.88	0.94	0.5	-0.04	0.99	0.8	0.72	0.67	0.53	0.77	0.9	0.31	0.43	0.53	0.91	0.8	0.35	0.73	0.7	0.46	0.54	0.81

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Re Max Account Relationship Matchups

Re Max fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	17.9M	18.3M	18.7M	18.8M	18.1M	15.4M
Total Assets	542.4M	557.4M	776.1M	694.0M	577.2M	503.6M
Short Long Term Debt Total	286.7M	279.5M	504.3M	493.4M	484.0M	322.0M
Other Current Liab	70.6M	81.7M	85.7M	58.3M	89.8M	94.3M
Total Current Liabilities	107.0M	117.2M	146.2M	119.7M	149.3M	84.6M
Total Stockholder Equity	497.9M	517.2M	508.3M	479.9M	411.1M	386.4M
Other Liab	58.0M	56.1M	67.4M	62.2M	71.5M	74.5M
Property Plant And Equipment Net	56.6M	46.8M	49.2M	35.6M	31.6M	20.8M
Current Deferred Revenue	25.7M	25.3M	27.2M	27.8M	23.1M	22.8M
Net Debt	203.7M	178.2M	378.1M	384.7M	401.4M	230.3M
Accounts Payable	3.0M	2.1M	5.2M	6.2M	4.7M	2.9M
Cash	83.0M	101.4M	126.3M	108.7M	82.6M	91.7M
Non Current Assets Total	399.6M	391.0M	565.4M	501M	400.6M	363.4M
Non Currrent Assets Other	9.7M	15.4M	17.6M	10.7M	7.1M	6.9M
Other Assets	64.0M	177.3M	70.7M	62.1M	71.4M	80.4M
Long Term Debt	225.2M	223.0M	221.1M	443.7M	440.0M	273.9M
Cash And Short Term Investments	83.0M	101.4M	126.3M	108.7M	82.6M	91.7M
Net Receivables	29.5M	31.2M	34.6M	32.5M	35.1M	26.0M
Good Will	159.0M	175.8M	269.1M	258.6M	241.2M	156.2M
Liabilities And Stockholders Equity	542.4M	557.4M	776.1M	694.0M	577.2M	503.6M
Non Current Liabilities Total	337.0M	327.5M	560.8M	543.9M	503.9M	390.9M
Other Current Assets	9.6M	13.9M	17.6M	24.5M	58.8M	61.7M
Other Stockholder Equity	436.2M	465.8M	515.4M	535.6M	550.6M	382.2M
Total Liab	444.0M	444.7M	707.1M	663.5M	653.2M	475.6M
Property Plant And Equipment Gross	56.6M	46.8M	58.6M	35.6M	44.8M	22.7M
Total Current Assets	142.8M	166.4M	210.8M	193.0M	176.6M	140.2M
Accumulated Other Comprehensive Income	414K	612K	650K	(395K)	638K	525.2K
Short Term Debt	7.8M	8.1M	17.3M	18.7M	20.4M	11.9M
Intangible Assets	120.0M	102.2M	176.4M	145.9M	120.7M	121.0M
Property Plant Equipment	4.4M	5.4M	7.9M	35.6M	41.0M	43.0M
Net Tangible Assets	218.9M	239.2M	252.5M	76.6M	88.1M	83.7M
Noncontrolling Interest In Consolidated Entity	(402.3M)	(399.5M)	(404.5M)	(416.0M)	(374.4M)	(393.1M)
Retained Earnings	30.5M	25.1M	(7.8M)	(55.3M)	(140.2M)	(133.2M)
Retained Earnings Total Equity	21.1M	30.5M	25.1M	25.6M	29.5M	21.5M
Long Term Debt Total	226.6M	225.2M	223.0M	221.1M	254.3M	239.6M

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When running Re Max's price analysis, check to measure Re Max'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 Re Max is operating at the current time. Most of Re Max's value examination focuses on studying past and present price action to predict the probability of Re Max's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Re Max's price. Additionally, you may evaluate how the addition of Re Max to your portfolios can decrease your overall portfolio volatility.

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RMAX Gross Profit vs Cost Of Revenue Analysis

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Gross Profit

Cost Of Revenue

Re Max fundamental ratios Correlations

Re Max Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Re Max fundamental ratios Accounts

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Additional Tools for RMAX Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total

Other Liab	- 0.92	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.91	Common Stock Shares Outstanding
Total Stockholder Equity	- 0.74	Common Stock Shares Outstanding
Other Assets	- 0.68	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.62	Common Stock Shares Outstanding
Cash	- 0.62	Common Stock Shares Outstanding