UFLEX Stock | | | 558.00 22.10 4.12% |
UFLEX financial indicator trend analysis is much more than just breaking down UFLEX Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UFLEX Limited is a good investment. Please check the relationship between UFLEX 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 UFLEX Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
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
UFLEX Limited 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 UFLEX's Cost Of Revenue and Income Before Tax is -0.03. 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 UFLEX Limited, assuming nothing else is changed. The correlation between historical values of UFLEX's 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 UFLEX Limited 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., UFLEX's Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on UFLEX Limited income statement and represents the costs associated with goods and services UFLEX 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 UFLEX income statement and is an important metric when analyzing UFLEX Limited 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 UFLEX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UFLEX Limited 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 UFLEX Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
As of the 2nd of December 2024,
Selling General Administrative is likely to grow to about 4.5
B. Also,
Tax Provision is likely to grow to about 1.5
BUFLEX fundamental ratios Correlations
Click cells to compare fundamentals
UFLEX Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UFLEX fundamental ratios Accounts
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.
Other Information on Investing in UFLEX Stock
Balance Sheet is a snapshot of the
financial position of UFLEX Limited at a specified time, usually calculated after every quarter, six months, or one year. UFLEX Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UFLEX and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which UFLEX currently owns. An asset can also be divided into two categories, current and non-current.