United Cost Of Revenue vs Reconciled Depreciation Analysis
UHGWW Stock | 1.01 0.03 3.06% |
United Homes financial indicator trend analysis is much more than just breaking down United Homes Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Homes Group is a good investment. Please check the relationship between United Homes Cost Of Revenue and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Homes 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 housing.
Cost Of Revenue vs Reconciled Depreciation
Cost Of Revenue vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Homes Group Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between United Homes' Cost Of Revenue and Reconciled Depreciation is 0.87. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of United Homes Group, assuming nothing else is changed. The correlation between historical values of United Homes' Cost Of Revenue and Reconciled Depreciation 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 United Homes Group are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., United Homes' Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on United Homes Group income statement and represents the costs associated with goods and services United Homes 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.Reconciled Depreciation
Most indicators from United Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Homes Group 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 United Homes 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 housing. Selling General Administrative is likely to drop to about 46.2 M in 2024. Tax Provision is likely to drop to about 1.6 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 100.6M | 118.8M | 79.7M | 92.7M | Total Revenue | 432.9M | 477.0M | 421.5M | 424.8M |
United Homes fundamental ratios Correlations
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United Homes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running United Homes' price analysis, check to measure United Homes' 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 United Homes is operating at the current time. Most of United Homes' value examination focuses on studying past and present price action to predict the probability of United Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Homes' price. Additionally, you may evaluate how the addition of United Homes to your portfolios can decrease your overall portfolio volatility.