Weave Cost Of Revenue vs Net Income Analysis
WEAV Stock | USD 14.01 0.08 0.57% |
Weave Communications financial indicator trend analysis is more than just analyzing Weave Communications current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weave Communications is a good investment. Please check the relationship between Weave Communications Cost Of Revenue and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weave Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Weave Stock please use our How to Invest in Weave Communications guide.
Cost Of Revenue vs Net Income
Cost Of Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weave Communications Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Weave Communications' Cost Of Revenue and Net Income is -0.58. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Weave Communications, assuming nothing else is changed. The correlation between historical values of Weave Communications' Cost Of Revenue and Net Income 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 Weave Communications are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Weave Communications' Cost Of Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Weave Communications income statement and represents the costs associated with goods and services Weave Communications 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Weave Communications financial statement analysis. It represents the amount of money remaining after all of Weave Communications operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Weave Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weave Communications 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 Weave Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Weave Stock please use our How to Invest in Weave Communications guide.At this time, Weave Communications' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.2M | 1.4M | 1.9M | 1.4M | Depreciation And Amortization | 21.6M | 27.8M | 15.8M | 19.3M |
Weave Communications fundamental ratios Correlations
Click cells to compare fundamentals
Weave Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Weave Stock Analysis
When running Weave Communications' price analysis, check to measure Weave Communications' 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 Weave Communications is operating at the current time. Most of Weave Communications' value examination focuses on studying past and present price action to predict the probability of Weave Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weave Communications' price. Additionally, you may evaluate how the addition of Weave Communications to your portfolios can decrease your overall portfolio volatility.