SunCar Cost Of Revenue vs Capex To Revenue Analysis
| SDA Stock | 10.43 0.87 9.10% |
SunCar Technology financial indicator trend analysis is much more than just breaking down SunCar Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunCar Technology is a good investment. Please check the relationship between SunCar Technology Cost Of Revenue and its Capex To Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology 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 unemployment.
Cost Of Revenue vs Capex To Revenue
Cost Of Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SunCar Technology Cost Of Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SunCar Technology's Cost Of Revenue and Capex To Revenue is -0.6. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of SunCar Technology Group, assuming nothing else is changed. The correlation between historical values of SunCar Technology's Cost Of Revenue and Capex To 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 Cost Of Revenue of SunCar Technology Group are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Cost Of Revenue i.e., SunCar Technology's Cost Of Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.6 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on SunCar Technology income statement and represents the costs associated with goods and services SunCar Technology 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.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most indicators from SunCar Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunCar Technology 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology 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 unemployment. The current year's Issuance Of Capital Stock is expected to grow to about 42.2 M, whereas Tax Provision is forecasted to decline to about 1.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.0M | 3.7M | 4.4M | 3.6M | Depreciation And Amortization | 4.1M | 5.7M | 4.9M | 4.5M |
SunCar Technology fundamental ratios Correlations
Click cells to compare fundamentals
SunCar Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SunCar Technology is a strong investment it is important to analyze SunCar Technology'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 SunCar Technology's future performance. For an informed investment choice regarding SunCar Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology 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 unemployment. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Diversified Consumer Services 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 SunCar Technology. If investors know SunCar 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 SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.94) | Revenue Per Share 4.449 | Quarterly Revenue Growth 0.274 | Return On Assets (0.20) | Return On Equity (1.28) |
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology'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 SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology'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 SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology'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.