ZOOZ Cost Of Revenue vs Ebitda Analysis

ZOOZ Stock   2.81  0.04  1.44%   
ZOOZ Power financial indicator trend analysis is more than just analyzing ZOOZ Power current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZOOZ Power is a good investment. Please check the relationship between ZOOZ Power Cost Of Revenue and its Ebitda accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Cost Of Revenue vs Ebitda

Cost Of Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZOOZ Power Cost Of Revenue account and Ebitda. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ZOOZ Power's Cost Of Revenue and Ebitda is -0.68. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of ZOOZ Power Ltd, assuming nothing else is changed. The correlation between historical values of ZOOZ Power's Cost Of Revenue and Ebitda 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 ZOOZ Power Ltd are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Cost Of Revenue i.e., ZOOZ Power's Cost Of Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on ZOOZ Power income statement and represents the costs associated with goods and services ZOOZ Power 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.

Ebitda

Most indicators from ZOOZ Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZOOZ Power 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 ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Enterprise Value is likely to rise to about 47.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses10.3M10.9M11.1M10.3M
Cost Of Revenue105.2K605.6K1.9M2.0M

ZOOZ Power fundamental ratios Correlations

0.760.770.990.8-0.89-0.79-0.710.970.810.97-0.430.850.830.490.930.820.990.91-0.30.380.98-0.42-0.43-0.77-0.42
0.761.00.660.99-0.4-0.94-0.560.560.980.56-0.370.890.990.460.920.980.670.96-0.610.820.67-0.65-0.73-0.8-0.68
0.771.00.680.99-0.42-0.95-0.580.580.990.58-0.350.880.980.440.920.990.680.96-0.610.80.68-0.66-0.73-0.81-0.68
0.990.660.680.71-0.94-0.72-0.70.990.720.99-0.460.810.750.510.890.731.00.85-0.230.30.99-0.35-0.35-0.72-0.35
0.80.990.990.71-0.47-0.93-0.590.631.00.62-0.270.850.970.360.921.00.720.96-0.550.720.7-0.61-0.67-0.78-0.63
-0.89-0.4-0.42-0.94-0.470.430.47-0.96-0.48-0.960.32-0.61-0.52-0.42-0.7-0.49-0.93-0.65-0.120.0-0.910.010.010.450.01
-0.79-0.94-0.95-0.72-0.930.430.79-0.63-0.93-0.630.53-0.89-0.94-0.51-0.92-0.93-0.72-0.930.78-0.79-0.750.830.860.950.85
-0.71-0.56-0.58-0.7-0.590.470.79-0.68-0.6-0.680.51-0.6-0.59-0.31-0.67-0.62-0.7-0.650.73-0.37-0.740.810.730.890.79
0.970.560.580.990.63-0.96-0.63-0.680.641.0-0.390.720.660.430.810.650.990.77-0.140.160.97-0.27-0.25-0.65-0.27
0.810.980.990.721.0-0.48-0.93-0.60.640.63-0.260.840.960.340.911.00.720.96-0.540.70.71-0.6-0.66-0.78-0.62
0.970.560.580.990.62-0.96-0.63-0.681.00.63-0.390.710.650.420.810.650.990.77-0.140.150.97-0.27-0.25-0.65-0.26
-0.43-0.37-0.35-0.46-0.270.320.530.51-0.39-0.26-0.39-0.7-0.48-0.93-0.56-0.26-0.44-0.460.58-0.62-0.560.620.650.710.63
0.850.890.880.810.85-0.61-0.89-0.60.720.840.71-0.70.950.790.970.840.80.95-0.550.790.84-0.62-0.7-0.87-0.65
0.830.990.980.750.97-0.52-0.94-0.590.660.960.65-0.480.950.580.970.960.750.99-0.580.810.77-0.63-0.71-0.84-0.66
0.490.460.440.510.36-0.42-0.51-0.310.430.340.42-0.930.790.580.640.340.490.56-0.40.670.59-0.44-0.52-0.62-0.47
0.930.920.920.890.92-0.7-0.92-0.670.810.910.81-0.560.970.970.640.920.880.99-0.510.690.9-0.59-0.65-0.87-0.61
0.820.980.990.731.0-0.49-0.93-0.620.651.00.65-0.260.840.960.340.920.740.96-0.550.690.72-0.61-0.66-0.79-0.62
0.990.670.681.00.72-0.93-0.72-0.70.990.720.99-0.440.80.750.490.880.740.85-0.230.290.99-0.35-0.35-0.72-0.35
0.910.960.960.850.96-0.65-0.93-0.650.770.960.77-0.460.950.990.560.990.960.85-0.510.70.86-0.59-0.65-0.84-0.61
-0.3-0.61-0.61-0.23-0.55-0.120.780.73-0.14-0.54-0.140.58-0.55-0.58-0.4-0.51-0.55-0.23-0.51-0.76-0.320.990.980.840.99
0.380.820.80.30.720.0-0.79-0.370.160.70.15-0.620.790.810.670.690.690.290.7-0.760.36-0.75-0.85-0.73-0.78
0.980.670.680.990.7-0.91-0.75-0.740.970.710.97-0.560.840.770.590.90.720.990.86-0.320.36-0.43-0.43-0.78-0.44
-0.42-0.65-0.66-0.35-0.610.010.830.81-0.27-0.6-0.270.62-0.62-0.63-0.44-0.59-0.61-0.35-0.590.99-0.75-0.430.980.91.0
-0.43-0.73-0.73-0.35-0.670.010.860.73-0.25-0.66-0.250.65-0.7-0.71-0.52-0.65-0.66-0.35-0.650.98-0.85-0.430.980.90.99
-0.77-0.8-0.81-0.72-0.780.450.950.89-0.65-0.78-0.650.71-0.87-0.84-0.62-0.87-0.79-0.72-0.840.84-0.73-0.780.90.90.9
-0.42-0.68-0.68-0.35-0.630.010.850.79-0.27-0.62-0.260.63-0.65-0.66-0.47-0.61-0.62-0.35-0.610.99-0.78-0.441.00.990.9
Click cells to compare fundamentals

ZOOZ Power Account Relationship Matchups

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.

Additional Tools for ZOOZ Stock Analysis

When running ZOOZ Power's price analysis, check to measure ZOOZ Power'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 ZOOZ Power is operating at the current time. Most of ZOOZ Power's value examination focuses on studying past and present price action to predict the probability of ZOOZ Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZOOZ Power's price. Additionally, you may evaluate how the addition of ZOOZ Power to your portfolios can decrease your overall portfolio volatility.