Aerospace Total Revenue vs Cost Of Revenue Analysis

000901 Stock   11.41  0.59  4.92%   
Aerospace financial indicator trend analysis is way more than just evaluating Aerospace Hi Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aerospace Hi Tech is a good investment. Please check the relationship between Aerospace Total Revenue and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aerospace Hi Tech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Revenue vs Cost Of Revenue

Total Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aerospace Hi Tech Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Aerospace's Total Revenue and Cost Of Revenue is 1.0. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Aerospace Hi Tech Holding, assuming nothing else is changed. The correlation between historical values of Aerospace's Total Revenue 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 Total Revenue of Aerospace Hi Tech Holding 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 Total Revenue i.e., Aerospace's Total Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Aerospace Hi Tech generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on Aerospace Hi Tech income statement and represents the costs associated with goods and services Aerospace 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 Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aerospace Hi Tech 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aerospace Hi Tech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 23, 2024, Selling General Administrative is expected to decline to about 204.2 M. In addition to that, Tax Provision is expected to decline to about 20.5 M
 2021 2022 2023 2024 (projected)
Gross Profit1.0B1.1B1.1B1.2B
Research Development280.1M296.3M377.9M305.4M

Aerospace fundamental ratios Correlations

0.190.980.970.980.360.960.820.920.930.970.740.970.760.920.950.830.530.91-0.610.530.860.8-0.750.87-0.74
0.190.030.320.270.42-0.050.540.040.25-0.030.550.020.440.07-0.05-0.090.150.2-0.010.540.040.12-0.5-0.03-0.29
0.980.030.90.950.270.990.70.920.890.990.620.990.680.920.970.880.540.85-0.610.430.820.76-0.640.86-0.67
0.970.320.90.950.480.890.880.860.910.90.810.890.80.890.880.690.50.93-0.540.650.890.82-0.820.83-0.81
0.980.270.950.950.410.910.830.870.940.920.750.940.820.850.890.80.460.87-0.520.540.820.74-0.760.79-0.78
0.360.420.270.480.410.170.460.00.550.20.760.20.770.130.110.260.330.210.420.550.440.28-0.190.0-0.46
0.96-0.050.990.890.910.170.660.960.851.00.540.990.590.950.990.830.520.88-0.680.390.830.78-0.660.91-0.67
0.820.540.70.880.830.460.660.690.790.690.890.70.820.710.670.520.420.83-0.510.610.730.76-0.780.71-0.66
0.920.040.920.860.870.00.960.690.770.950.480.950.470.960.980.740.450.91-0.840.380.780.78-0.740.95-0.61
0.930.250.890.910.940.550.850.790.770.860.780.870.850.780.820.810.540.78-0.380.430.840.69-0.640.69-0.75
0.97-0.030.990.90.920.21.00.690.950.860.580.990.610.950.990.850.540.88-0.680.410.840.79-0.660.91-0.66
0.740.550.620.810.750.760.540.890.480.780.580.60.910.550.510.550.450.64-0.190.650.660.63-0.60.49-0.59
0.970.020.990.890.940.20.990.70.950.870.990.60.640.930.980.890.520.86-0.680.390.810.76-0.650.88-0.63
0.760.440.680.80.820.770.590.820.470.850.610.910.640.50.540.620.370.63-0.080.570.720.6-0.540.46-0.7
0.920.070.920.890.850.130.950.710.960.780.950.550.930.50.970.710.540.93-0.780.510.830.86-0.690.95-0.57
0.95-0.050.970.880.890.110.990.670.980.820.990.510.980.540.970.810.480.9-0.750.410.840.81-0.660.94-0.62
0.83-0.090.880.690.80.260.830.520.740.810.850.550.890.620.710.810.510.6-0.450.190.670.56-0.350.65-0.43
0.530.150.540.50.460.330.520.420.450.540.540.450.520.370.540.480.510.38-0.250.190.370.32-0.310.37-0.35
0.910.20.850.930.870.210.880.830.910.780.880.640.860.630.930.90.60.38-0.740.60.90.91-0.810.95-0.7
-0.61-0.01-0.61-0.54-0.520.42-0.68-0.51-0.84-0.38-0.68-0.19-0.68-0.08-0.78-0.75-0.45-0.25-0.74-0.21-0.49-0.640.58-0.850.22
0.530.540.430.650.540.550.390.610.380.430.410.650.390.570.510.410.190.190.6-0.210.540.7-0.50.48-0.41
0.860.040.820.890.820.440.830.730.780.840.840.660.810.720.830.840.670.370.9-0.490.540.88-0.590.84-0.68
0.80.120.760.820.740.280.780.760.780.690.790.630.760.60.860.810.560.320.91-0.640.70.88-0.550.9-0.46
-0.75-0.5-0.64-0.82-0.76-0.19-0.66-0.78-0.74-0.64-0.66-0.6-0.65-0.54-0.69-0.66-0.35-0.31-0.810.58-0.5-0.59-0.55-0.680.84
0.87-0.030.860.830.790.00.910.710.950.690.910.490.880.460.950.940.650.370.95-0.850.480.840.9-0.68-0.54
-0.74-0.29-0.67-0.81-0.78-0.46-0.67-0.66-0.61-0.75-0.66-0.59-0.63-0.7-0.57-0.62-0.43-0.35-0.70.22-0.41-0.68-0.460.84-0.54
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Aerospace Account Relationship Matchups

Aerospace fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B7.3B7.6B8.4B8.8B9.2B
Other Current Liab180.8M447.9M307.7M30.1M33.6M31.9M
Total Current Liabilities1.9B1.8B1.9B2.3B2.9B3.0B
Total Stockholder Equity4.1B4.3B4.2B4.3B4.2B4.4B
Other Liab334.5M372.1M389.3M393.2M452.2M474.8M
Retained Earnings1.0B340.3M364.9M322.7M169.5M326.1M
Accounts Payable1.1B1.1B1.3B1.6B2.0B2.1B
Cash863.7M1.2B1.2B1.1B988.3M507.0M
Other Assets236.7M298.5M558.4M637.7M733.3M770.0M
Net Receivables1.5B943.4M1.7B1.2B1.5B1.6B
Inventory1.2B1.2B1.3B1.8B2.0B2.1B
Other Current Assets270.0M240.5M239.9M257.5M161.6M130.8M
Total Liab2.7B2.8B3.2B3.9B4.4B4.6B
Intangible Assets510.6M299.9M308.9M327.6M355.6M187.8M
Property Plant Equipment1.4B1.5B1.7B2.0B2.3B2.4B
Long Term Debt432.0M210.7M341.5M503.8M502.0M527.1M
Net Tangible Assets2.8B3.8B3.7B3.7B4.3B3.1B
Good Will942.5M383.5M353.2M360.8M377.2M538.1M
Other Stockholder Equity73.6M91.1M150.5M(15.9M)(18.3M)(17.4M)
Deferred Long Term Liab119.2M172.4M100.5M140.5M161.6M124.8M
Short Long Term Debt348.9M14.5M80.7M142.6M231.8M147.1M
Total Current Assets3.9B4.5B4.5B5.0B5.2B4.5B
Non Current Assets Total3.1B2.8B3.1B3.4B3.6B3.3B
Non Currrent Assets Other45.5M312.8M332.8M228.6M271.6M176.5M
Non Current Liabilities Total795.6M993.6M1.2B1.6B1.5B1.1B
Non Current Liabilities Other103.5M112.6M110.2M101.3M149.2M112.4M
Net Invested Capital4.6B4.6B4.6B4.9B4.9B5.0B
Net Working Capital2.0B2.7B2.6B2.6B2.3B2.5B

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Other Information on Investing in Aerospace Stock

Balance Sheet is a snapshot of the financial position of Aerospace Hi Tech at a specified time, usually calculated after every quarter, six months, or one year. Aerospace Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aerospace and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Aerospace currently owns. An asset can also be divided into two categories, current and non-current.