Waldencast Net Income vs Cost Of Revenue Analysis

WALDW Stock  USD 0.14  0.03  27.27%   
Waldencast Acquisition financial indicator trend analysis is more than just analyzing Waldencast Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waldencast Acquisition is a good investment. Please check the relationship between Waldencast Acquisition Net Income and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waldencast Acquisition 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 unemployment.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waldencast Acquisition Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Waldencast Acquisition's Net Income and Cost Of Revenue is -0.94. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Waldencast Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Waldencast Acquisition's Net Income 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 Net Income of Waldencast Acquisition 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 Net Income i.e., Waldencast Acquisition's Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Waldencast Acquisition financial statement analysis. It represents the amount of money remaining after all of Waldencast Acquisition Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on Waldencast Acquisition income statement and represents the costs associated with goods and services Waldencast Acquisition 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 Waldencast Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waldencast Acquisition 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waldencast Acquisition 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 unemployment.
At this time, Waldencast Acquisition's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 149.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.05 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense11.1M18.9M21.7M13.3M
Depreciation And Amortization13.9M60.5M69.6M73.1M

Waldencast Acquisition fundamental ratios Correlations

0.930.961.0-0.920.971.00.960.870.990.630.970.990.950.840.970.980.970.990.980.750.990.980.990.99-0.25
0.930.970.91-0.950.990.920.90.960.950.860.980.960.990.860.910.850.860.890.910.80.910.90.90.89-0.43
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0.960.90.980.94-0.870.940.950.90.990.570.970.970.940.750.860.960.950.930.880.620.90.920.90.93-0.04
0.870.960.960.83-0.930.950.860.90.920.840.950.920.970.840.820.810.840.840.810.760.830.840.80.84-0.36
0.990.950.990.97-0.920.980.980.990.920.660.991.00.970.820.930.960.960.960.940.710.950.960.950.96-0.19
0.630.860.740.59-0.780.790.610.570.840.660.740.70.810.720.660.480.520.570.650.750.620.60.610.57-0.68
0.970.981.00.95-0.930.990.960.970.950.990.740.990.990.820.920.930.930.940.920.730.930.940.930.94-0.25
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0.840.860.80.84-0.970.860.840.750.840.820.720.820.840.840.90.820.880.880.890.980.90.910.850.88-0.64
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0.980.850.910.98-0.890.910.980.960.810.960.480.930.950.890.820.930.990.990.940.710.970.980.960.99-0.14
0.970.860.910.97-0.920.910.970.950.840.960.520.930.950.890.880.930.990.990.940.770.970.990.950.99-0.21
0.990.890.920.99-0.930.940.990.930.840.960.570.940.970.920.880.970.990.990.980.790.991.00.981.0-0.28
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0.750.80.690.75-0.920.780.740.620.760.710.750.730.740.770.980.850.710.770.790.830.830.820.780.79-0.78
0.990.910.910.99-0.940.950.990.90.830.950.620.930.960.920.90.990.970.970.991.00.831.00.990.99-0.37
0.980.90.910.99-0.950.940.990.920.840.960.60.940.960.920.910.980.980.991.00.980.821.00.981.0-0.33
0.990.90.90.99-0.910.940.990.90.80.950.610.930.960.920.850.990.960.950.981.00.780.990.980.98-0.33
0.990.890.920.99-0.930.940.990.930.840.960.570.940.970.920.880.970.990.991.00.980.790.991.00.98-0.28
-0.25-0.43-0.21-0.260.52-0.35-0.24-0.04-0.36-0.19-0.68-0.25-0.26-0.34-0.64-0.44-0.14-0.21-0.28-0.41-0.78-0.37-0.33-0.33-0.28
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Waldencast Acquisition Account Relationship Matchups

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