RMR Total Revenue vs Cost Of Revenue Analysis
RMR Stock | USD 22.16 0.15 0.68% |
RMR financial indicator trend analysis is much more than just breaking down RMR Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RMR Group is a good investment. Please check the relationship between RMR Total Revenue and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RMR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Total Revenue vs Cost Of Revenue
Total Revenue vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RMR Group Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between RMR's Total Revenue and Cost Of Revenue is 0.94. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of RMR Group, assuming nothing else is changed. The correlation between historical values of RMR's Total Revenue 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 Total Revenue of RMR Group 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 Total Revenue i.e., RMR's Total Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts RMR Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Cost Of Revenue
Cost of Revenue is found on RMR Group income statement and represents the costs associated with goods and services RMR 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 RMR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RMR Group 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 RMR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, RMR's Tax Provision is relatively stable compared to the past year. As of 11/28/2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Selling General Administrative is likely to drop slightly above 35.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 133.9M | 169.6M | 453.7M | 476.4M | Total Revenue | 832.5M | 962.3M | 897.6M | 576.0M |
RMR fundamental ratios Correlations
Click cells to compare fundamentals
RMR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RMR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 690.3M | 497.9M | 542.4M | 582.4M | 700.5M | 521.5M | |
Other Current Liab | 56.1M | 56.3M | 83.0M | 83.7M | 95.9M | 55.7M | |
Total Current Liabilities | 81.8M | 81.1M | 109.2M | 105.6M | 133.4M | 75.6M | |
Total Stockholder Equity | 295.9M | 195.1M | 206.6M | 240.1M | 237.6M | 220.8M | |
Other Liab | 40.8M | 35.6M | 39.9M | 37.9M | 43.5M | 46.5M | |
Property Plant And Equipment Net | 37.0M | 34.5M | 31.4M | 34.5M | 109.7M | 115.2M | |
Net Debt | (333.2M) | (125.8M) | (158.8M) | (237.9M) | (27.3M) | (28.7M) | |
Accounts Payable | 17.0M | 15.0M | 16.7M | 16.8M | 31.6M | 20.9M | |
Cash | 369.7M | 159.8M | 189.1M | 268.0M | 141.6M | 193.3M | |
Non Current Assets Total | 234.1M | 243.4M | 239.1M | 196.1M | 406.4M | 241.4M | |
Non Currrent Assets Other | 151.5M | 148.6M | 139.5M | 122.7M | 165.7M | 159.8M | |
Cash And Short Term Investments | 369.7M | 159.8M | 189.1M | 268.0M | 23.2M | 22.0M | |
Net Receivables | 82.6M | 82.6M | 101.3M | 107.9M | 18.4M | 17.5M | |
Common Stock Shares Outstanding | 31.2M | 31.3M | 31.3M | 16.4M | 16.5M | 20.5M | |
Liabilities And Stockholders Equity | 690.3M | 497.9M | 542.4M | 582.4M | 700.5M | 521.5M | |
Non Current Liabilities Total | 67.6M | 69.1M | 63.5M | 53.2M | 147.6M | 155.0M | |
Other Current Assets | 3.9M | 6.0M | 5.4M | 10.4M | 252.5M | 265.1M | |
Other Stockholder Equity | (82.6M) | 109.9M | 113.1M | (173.1M) | (198.7M) | (188.7M) | |
Total Liab | 149.4M | 150.2M | 172.7M | 158.8M | 281.1M | 140.7M | |
Property Plant And Equipment Gross | 37.0M | 2.2M | 31.4M | 37.7M | 107.2M | 112.6M | |
Total Current Assets | 456.1M | 254.5M | 303.3M | 386.3M | 294.1M | 280.1M | |
Property Plant Equipment | 2.4M | 2.3M | 2.2M | 31.4M | 36.1M | 37.9M | |
Net Tangible Assets | 286.5M | 293.8M | 195.1M | 204.6M | 235.2M | 220.9M | |
Retained Earnings | 189.3M | 85.2M | 93.5M | 413.1M | 436.2M | 458.0M | |
Other Assets | 188.1M | 175.4M | 167.3M | 156.6M | 180.0M | 194.1M | |
Long Term Investments | 7.8M | 14.3M | 49.1M | 18.7M | 23.7M | 18.5M | |
Intangible Assets | 277K | 235K | 198K | 167K | 20.3M | 21.3M | |
Capital Surpluse | 103.4M | 106.6M | 109.9M | 113.1M | 130.1M | 112.2M | |
Short Long Term Debt Total | 36.4M | 34.1M | 30.3M | 30.1M | 114.3M | 83.8M | |
Non Current Liabilities Other | 32.0M | 29.1M | 23.3M | 20.9M | 29.9M | 28.3M | |
Net Invested Capital | 295.9M | 195.1M | 206.6M | 240.1M | 323.8M | 265.7M | |
Net Working Capital | 374.4M | 173.4M | 194.1M | 280.7M | 160.7M | 193.2M |
Pair Trading with RMR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RMR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RMR will appreciate offsetting losses from the drop in the long position's value.Moving against RMR Stock
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0.45 | OZ | Belpointe PREP LLC | PairCorr |
The ability to find closely correlated positions to RMR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RMR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RMR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RMR Group to buy it.
The correlation of RMR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RMR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RMR Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RMR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for RMR Stock Analysis
When running RMR's price analysis, check to measure RMR'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 RMR is operating at the current time. Most of RMR's value examination focuses on studying past and present price action to predict the probability of RMR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RMR's price. Additionally, you may evaluate how the addition of RMR to your portfolios can decrease your overall portfolio volatility.