| SEV Stock | | | 0.14 0.03 17.65% |
Spectra7 Microsystems financial indicator trend analysis is much more than just breaking down Spectra7 Microsystems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spectra7 Microsystems is a good investment. Please check the relationship between Spectra7 Microsystems Cost Of Revenue and its Income Before Tax accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Spectra7 Microsystems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cost Of Revenue vs Income Before Tax
Cost Of Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Spectra7 Microsystems Cost Of Revenue account and
Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Spectra7 Microsystems' Cost Of Revenue and Income Before Tax is -0.19. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Spectra7 Microsystems, assuming nothing else is changed. The correlation between historical values of Spectra7 Microsystems' Cost Of Revenue and Income Before Tax 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 Spectra7 Microsystems are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Spectra7 Microsystems' Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.19 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Spectra7 Microsystems income statement and represents the costs associated with goods and services Spectra7 Microsystems 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.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Spectra7 Microsystems income statement and is an important metric when analyzing Spectra7 Microsystems profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Spectra7 Microsystems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spectra7 Microsystems 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 Spectra7 Microsystems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Spectra7 Microsystems'
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 6.2
M in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(4.23).
Spectra7 Microsystems fundamental ratios Correlations
Click cells to compare fundamentals
Spectra7 Microsystems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Spectra7 Microsystems fundamental ratios Accounts
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Additional Tools for Spectra7 Stock Analysis
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