| RWAY Stock | | | USD 10.41 0.06 0.58% |
Runway Growth financial indicator trend analysis is much more than just breaking down Runway Growth Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Runway Growth Finance is a good investment. Please check the relationship between Runway Growth Other Operating Expenses and its Cost Of Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Runway Growth Finance. 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.
Other Operating Expenses vs Cost Of Revenue
Other Operating Expenses vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Runway Growth Finance Other Operating Expenses account and
Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Runway Growth's Other Operating Expenses and Cost Of Revenue is -0.13. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Runway Growth Finance, assuming nothing else is changed. The correlation between historical values of Runway Growth's Other Operating Expenses 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 Other Operating Expenses of Runway Growth Finance 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 Other Operating Expenses i.e., Runway Growth's Other Operating Expenses and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Runway Growth Finance. It is also known as Runway Growth overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Cost Of Revenue
Cost of Revenue is found on Runway Growth Finance income statement and represents the costs associated with goods and services Runway Growth 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 Runway Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Runway Growth Finance 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 Runway Growth Finance. 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, Runway Growth's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 1.1
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 38.2
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Other Operating Expenses | 6.1M | 9.9M | 55.9M | 53.1M | Interest Expense | 2.6M | 13.8M | 38.6M | 40.6M |
Runway Growth fundamental ratios Correlations
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Runway Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Runway Growth fundamental ratios Accounts
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Additional Tools for Runway Stock Analysis
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measure Runway Growth'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 Runway Growth is operating at the current time. Most of Runway Growth's value examination focuses on studying past and present price action to
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