Rocky Net Income From Continuing Ops vs Cost Of Revenue Analysis
RMCF Stock | USD 2.82 0.15 5.62% |
Rocky Mountain financial indicator trend analysis is much more than just breaking down Rocky Mountain Chocolate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rocky Mountain Chocolate is a good investment. Please check the relationship between Rocky Mountain Net Income From Continuing Ops and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocky Mountain Chocolate. 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.
Net Income From Continuing Ops vs Cost Of Revenue
Net Income From Continuing Ops vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rocky Mountain Chocolate Net Income From Continuing Ops account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rocky Mountain's Net Income From Continuing Ops and Cost Of Revenue is -0.05. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Rocky Mountain Chocolate, assuming nothing else is changed. The correlation between historical values of Rocky Mountain's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Rocky Mountain Chocolate 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 Net Income From Continuing Ops i.e., Rocky Mountain's Net Income From Continuing Ops and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income From Continuing Ops
Cost Of Revenue
Cost of Revenue is found on Rocky Mountain Chocolate income statement and represents the costs associated with goods and services Rocky Mountain 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 Rocky Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rocky Mountain Chocolate 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 Rocky Mountain Chocolate. 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. The Rocky Mountain's current Enterprise Value is estimated to increase to about 27.7 M, while Selling General Administrative is projected to decrease to roughly 5.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.0M | 8.2M | 4.7M | 4.5M | Total Revenue | 32.3M | 30.4M | 28.0M | 27.6M |
Rocky Mountain fundamental ratios Correlations
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Rocky Mountain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Rocky Mountain Chocolate is a strong investment it is important to analyze Rocky Mountain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rocky Mountain's future performance. For an informed investment choice regarding Rocky Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocky Mountain Chocolate. 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. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Packaged Foods & Meats 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 Rocky Mountain. If investors know Rocky 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 Rocky Mountain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Earnings Share (0.74) | Revenue Per Share 4.331 | Quarterly Revenue Growth (0.03) | Return On Assets (0.11) |
The market value of Rocky Mountain Chocolate is measured differently than its book value, which is the value of Rocky that is recorded on the company's balance sheet. Investors also form their own opinion of Rocky Mountain's value that differs from its market value or its book value, called intrinsic value, which is Rocky Mountain'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 Rocky Mountain's market value can be influenced by many factors that don't directly affect Rocky Mountain'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 Rocky Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocky Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocky Mountain'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.