Solventum Capex To Revenue vs Cost Of Revenue Analysis

SOLV Stock   71.51  0.97  1.34%   
Solventum Corp financial indicator trend analysis is much more than just breaking down Solventum Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solventum Corp is a good investment. Please check the relationship between Solventum Corp Capex To Revenue and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solventum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Solventum Stock please use our How to Invest in Solventum Corp guide.

Capex To Revenue vs Cost Of Revenue

Capex To Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solventum Corp Capex To Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Solventum Corp's Capex To Revenue and Cost Of Revenue is -0.53. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Solventum Corp, assuming nothing else is changed. The correlation between historical values of Solventum Corp's Capex To 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 Capex To Revenue of Solventum Corp 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 Capex To Revenue i.e., Solventum Corp's Capex To Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Cost Of Revenue

Cost of Revenue is found on Solventum Corp income statement and represents the costs associated with goods and services Solventum Corp 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 Solventum Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solventum Corp 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 Solventum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Solventum Stock please use our How to Invest in Solventum Corp guide.At this time, Solventum Corp's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 2.5 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 5.71 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization597M578M561M467M
Tax Provision422M349M218M258.2M

Solventum Corp fundamental ratios Correlations

0.920.71-0.480.51-0.70.76-0.990.710.510.28-0.970.340.710.8-0.980.710.850.5-0.460.71-0.990.490.54-0.930.53
0.920.81-0.250.72-0.790.82-0.870.810.60.55-0.860.490.820.88-0.870.810.70.55-0.620.81-0.890.580.66-0.870.55
0.710.81-0.570.95-1.01.0-0.691.00.960.85-0.780.91.00.99-0.751.00.80.94-0.951.0-0.780.950.97-0.890.93
-0.48-0.25-0.57-0.340.59-0.620.57-0.58-0.65-0.220.67-0.55-0.54-0.560.63-0.57-0.87-0.720.51-0.560.61-0.65-0.570.69-0.76
0.510.720.95-0.34-0.950.92-0.460.950.930.97-0.560.930.960.91-0.520.950.570.89-0.970.95-0.570.930.97-0.710.86
-0.7-0.79-1.00.59-0.95-1.00.68-1.0-0.96-0.850.78-0.91-1.0-0.990.74-1.0-0.81-0.950.96-1.00.77-0.96-0.980.89-0.94
0.760.821.0-0.620.92-1.0-0.751.00.940.8-0.840.870.990.99-0.81.00.850.93-0.921.0-0.830.930.96-0.930.93
-0.99-0.87-0.690.57-0.460.68-0.75-0.69-0.5-0.230.99-0.33-0.69-0.771.0-0.69-0.89-0.510.44-0.690.99-0.48-0.520.94-0.54
0.710.811.0-0.580.95-1.01.0-0.690.960.85-0.780.91.00.99-0.751.00.80.94-0.951.0-0.780.950.97-0.890.93
0.510.60.96-0.650.93-0.960.94-0.50.960.88-0.630.980.950.91-0.580.950.740.99-0.990.95-0.611.00.99-0.770.99
0.280.550.85-0.220.97-0.850.8-0.230.850.88-0.340.930.860.79-0.30.850.380.83-0.950.85-0.350.880.92-0.520.8
-0.97-0.86-0.780.67-0.560.78-0.840.99-0.78-0.63-0.34-0.48-0.78-0.851.0-0.78-0.95-0.650.57-0.781.0-0.62-0.640.98-0.68
0.340.490.9-0.550.93-0.910.87-0.330.90.980.93-0.480.90.83-0.420.90.60.97-0.990.9-0.460.980.98-0.640.95
0.710.821.0-0.540.96-1.00.99-0.691.00.950.86-0.780.90.99-0.741.00.780.92-0.951.0-0.780.940.97-0.880.92
0.80.880.99-0.560.91-0.990.99-0.770.990.910.79-0.850.830.99-0.820.990.830.89-0.90.99-0.850.90.93-0.930.89
-0.98-0.87-0.750.63-0.520.74-0.81.0-0.75-0.58-0.31.0-0.42-0.74-0.82-0.75-0.93-0.590.51-0.751.0-0.56-0.590.96-0.62
0.710.811.0-0.570.95-1.01.0-0.691.00.950.85-0.780.91.00.99-0.750.80.93-0.951.0-0.780.950.97-0.890.93
0.850.70.8-0.870.57-0.810.85-0.890.80.740.38-0.950.60.780.83-0.930.80.78-0.640.8-0.920.730.72-0.960.81
0.50.550.94-0.720.89-0.950.93-0.510.940.990.83-0.650.970.920.89-0.590.930.78-0.960.93-0.620.990.98-0.781.0
-0.46-0.62-0.950.51-0.970.96-0.920.44-0.95-0.99-0.950.57-0.99-0.95-0.90.51-0.95-0.64-0.96-0.950.55-0.99-1.00.72-0.95
0.710.811.0-0.560.95-1.01.0-0.691.00.950.85-0.780.91.00.99-0.751.00.80.93-0.95-0.780.950.97-0.890.93
-0.99-0.89-0.780.61-0.570.77-0.830.99-0.78-0.61-0.351.0-0.46-0.78-0.851.0-0.78-0.92-0.620.55-0.78-0.6-0.630.97-0.64
0.490.580.95-0.650.93-0.960.93-0.480.951.00.88-0.620.980.940.9-0.560.950.730.99-0.990.95-0.60.99-0.760.99
0.540.660.97-0.570.97-0.980.96-0.520.970.990.92-0.640.980.970.93-0.590.970.720.98-1.00.97-0.630.99-0.780.96
-0.93-0.87-0.890.69-0.710.89-0.930.94-0.89-0.77-0.520.98-0.64-0.88-0.930.96-0.89-0.96-0.780.72-0.890.97-0.76-0.78-0.8
0.530.550.93-0.760.86-0.940.93-0.540.930.990.8-0.680.950.920.89-0.620.930.811.0-0.950.93-0.640.990.96-0.8
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Solventum Corp Account Relationship Matchups

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