TRT Stock | | | USD 6.90 0.06 0.88% |
Trio Tech financial indicator trend analysis is much more than just breaking down Trio Tech International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trio Tech International is a good investment. Please check the relationship between Trio Tech Cost Of Revenue and its Revenue Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Trio Tech International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Cost Of Revenue vs Revenue Per Share
Cost Of Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Trio Tech International Cost Of Revenue account and
Revenue Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Trio Tech's Cost Of Revenue and Revenue Per Share is 0.77. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Trio Tech International, assuming nothing else is changed. The correlation between historical values of Trio Tech's Cost Of Revenue and Revenue Per Share 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 Trio Tech International are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Cost Of Revenue i.e., Trio Tech's Cost Of Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Trio Tech International income statement and represents the costs associated with goods and services Trio Tech 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.
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Trio Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trio Tech International 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 Trio Tech International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Trio Tech's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 5.09 in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.2
M in 2024.
Trio Tech fundamental ratios Correlations
Click cells to compare fundamentals
Trio Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trio Tech fundamental ratios Accounts
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Additional Tools for Trio Stock Analysis
When running Trio Tech's price analysis, check to
measure Trio Tech'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 Trio Tech is operating at the current time. Most of Trio Tech's value examination focuses on studying past and present price action to
predict the probability of Trio Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Tech's price. Additionally, you may evaluate how the addition of Trio Tech to your portfolios can decrease your overall portfolio volatility.