Westrock Income Before Tax vs Cost Of Revenue Analysis
WEST Stock | USD 8.13 0.24 3.04% |
Westrock Coffee financial indicator trend analysis is more than just analyzing Westrock Coffee current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westrock Coffee is a good investment. Please check the relationship between Westrock Coffee Income Before Tax and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westrock Coffee. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Westrock Stock please use our How to Invest in Westrock Coffee guide.
Income Before Tax vs Cost Of Revenue
Income Before Tax vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westrock Coffee Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Westrock Coffee's Income Before Tax and Cost Of Revenue is 0.9. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Westrock Coffee, assuming nothing else is changed. The correlation between historical values of Westrock Coffee's Income Before Tax 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 Income Before Tax of Westrock Coffee 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 Income Before Tax i.e., Westrock Coffee's Income Before Tax and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Westrock Coffee income statement and is an important metric when analyzing Westrock Coffee 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.Cost Of Revenue
Cost of Revenue is found on Westrock Coffee income statement and represents the costs associated with goods and services Westrock Coffee 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 Westrock Coffee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westrock Coffee 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 Westrock Coffee. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Westrock Stock please use our How to Invest in Westrock Coffee guide.At this time, Westrock Coffee's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 122.7 M in 2024, whereas Enterprise Value Multiple is likely to drop 55.42 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 32.5M | 35.5M | 29.2M | 33.7M | Depreciation And Amortization | 25.5M | 24.2M | 26.6M | 27.5M |
Westrock Coffee fundamental ratios Correlations
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Westrock Coffee Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Westrock Stock Analysis
When running Westrock Coffee's price analysis, check to measure Westrock Coffee'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 Westrock Coffee is operating at the current time. Most of Westrock Coffee's value examination focuses on studying past and present price action to predict the probability of Westrock Coffee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westrock Coffee's price. Additionally, you may evaluate how the addition of Westrock Coffee to your portfolios can decrease your overall portfolio volatility.