GEM Total Operating Expenses vs Cost Of Revenue Analysis

002340 Stock   6.63  0.08  1.22%   
GEM financial indicator trend analysis is much more than just examining GEM Co latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GEM Co is a good investment. Please check the relationship between GEM Total Operating Expenses and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GEM Co. 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.

Total Operating Expenses vs Cost Of Revenue

Total Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GEM Co Total Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GEM's Total Operating Expenses and Cost Of Revenue is 0.92. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of GEM Co, assuming nothing else is changed. The correlation between historical values of GEM's Total Operating Expenses 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 Operating Expenses of GEM Co 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 Operating Expenses i.e., GEM's Total Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Cost Of Revenue

Cost of Revenue is found on GEM Co income statement and represents the costs associated with goods and services GEM 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 GEM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GEM Co 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 GEM Co. 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.
As of December 27, 2024, Selling General Administrative is expected to decline to about 175.4 M. In addition to that, Tax Provision is expected to decline to about 159.3 M
 2021 2022 2023 2024 (projected)
Operating Income1.8B2.3B1.7B854.8M
Total Revenue19.3B29.4B30.5B32.1B

GEM fundamental ratios Correlations

0.370.990.990.930.980.960.970.980.980.391.00.930.940.980.960.92-0.64-0.260.840.350.780.790.770.910.79
0.370.40.420.390.370.440.360.390.460.920.350.530.570.50.510.14-0.110.030.450.420.410.590.60.30.59
0.990.40.970.90.970.960.960.970.980.440.990.930.950.980.960.89-0.62-0.270.820.380.760.810.810.880.81
0.990.420.970.910.990.960.980.950.980.450.970.940.940.990.960.88-0.67-0.260.880.330.830.820.770.920.82
0.930.390.90.910.910.850.840.970.90.320.930.850.830.920.870.93-0.51-0.180.740.360.640.690.630.840.68
0.980.370.970.990.910.980.980.950.970.390.960.890.920.970.960.87-0.75-0.370.890.260.850.790.750.940.8
0.960.440.960.960.850.980.950.910.950.440.940.890.910.960.950.79-0.77-0.340.890.240.870.770.750.90.78
0.970.360.960.980.840.980.950.910.970.440.950.90.940.960.950.84-0.72-0.340.880.30.850.820.80.920.84
0.980.390.970.950.970.950.910.910.960.380.990.910.910.960.930.95-0.54-0.220.780.420.70.780.750.880.77
0.980.460.980.980.90.970.950.970.960.520.980.960.970.990.980.88-0.6-0.290.850.410.790.860.840.90.87
0.390.920.440.450.320.390.440.440.380.520.380.570.650.520.570.16-0.17-0.140.470.460.460.710.750.340.71
1.00.350.990.970.930.960.940.950.990.980.380.920.930.970.950.94-0.59-0.250.80.380.730.790.770.880.78
0.930.530.930.940.850.890.890.90.910.960.570.920.940.950.930.81-0.48-0.140.780.460.730.830.810.810.83
0.940.570.950.940.830.920.910.940.910.970.650.930.940.950.960.79-0.54-0.310.840.530.770.930.930.860.93
0.980.50.980.990.920.970.960.960.960.990.520.970.950.950.970.87-0.63-0.250.860.360.80.820.790.890.82
0.960.510.960.960.870.960.950.950.930.980.570.950.930.960.970.84-0.65-0.30.860.430.830.880.850.880.88
0.920.140.890.880.930.870.790.840.950.880.160.940.810.790.870.84-0.44-0.150.640.360.560.640.60.810.63
-0.64-0.11-0.62-0.67-0.51-0.75-0.77-0.72-0.54-0.6-0.17-0.59-0.48-0.54-0.63-0.65-0.440.62-0.790.24-0.85-0.44-0.41-0.72-0.49
-0.260.03-0.27-0.26-0.18-0.37-0.34-0.34-0.22-0.29-0.14-0.25-0.14-0.31-0.25-0.3-0.150.62-0.420.13-0.4-0.34-0.36-0.4-0.39
0.840.450.820.880.740.890.890.880.780.850.470.80.780.840.860.860.64-0.79-0.420.170.970.820.730.960.85
0.350.420.380.330.360.260.240.30.420.410.460.380.460.530.360.430.360.240.130.170.080.630.630.240.55
0.780.410.760.830.640.850.870.850.70.790.460.730.730.770.80.830.56-0.85-0.40.970.080.760.680.90.8
0.790.590.810.820.690.790.770.820.780.860.710.790.830.930.820.880.64-0.44-0.340.820.630.760.960.820.99
0.770.60.810.770.630.750.750.80.750.840.750.770.810.930.790.850.6-0.41-0.360.730.630.680.960.730.96
0.910.30.880.920.840.940.90.920.880.90.340.880.810.860.890.880.81-0.72-0.40.960.240.90.820.730.85
0.790.590.810.820.680.80.780.840.770.870.710.780.830.930.820.880.63-0.49-0.390.850.550.80.990.960.85
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GEM Account Relationship Matchups

GEM fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8B29.7B34.4B44.1B52.6B55.3B
Other Current Liab1.1B1.4B2.5B417.8M409.9M638.5M
Total Current Liabilities12.0B13.6B13.9B15.1B22.2B23.3B
Total Stockholder Equity10.5B13.3B14.2B18.5B18.8B19.7B
Other Liab339.5M252.7M227.6M793.8M912.9M958.5M
Retained Earnings2.9B3.1B4.0B5.0B5.4B5.7B
Accounts Payable3.3B3.8B4.3B3.9B5.4B5.7B
Cash3.3B4.4B3.7B5.4B5.5B5.8B
Net Receivables3.0B2.5B5.0B5.3B6.9B7.3B
Inventory5.7B5.8B6.3B7.7B8.3B8.7B
Other Current Assets1.5B1.6B2.1B581.3M450.1M720.2M
Total Liab15.8B15.6B18.6B23.3B30.9B32.5B
Intangible Assets1.9B1.9B1.9B2.2B2.4B2.5B
Common Stock3.8B4.2B4.1B4.8B5.5B5.8B
Property Plant Equipment8.4B9.6B10.8B13.4B15.4B16.2B
Other Assets761.4M850.1M756.9M966.4M1.1B1.2B
Long Term Debt3.5B1.4B3.8B7.5B8.2B8.6B
Net Tangible Assets8.3B8.6B11.5B12.3B14.2B8.9B
Other Stockholder Equity34.5M40.1M33.6M27.0M24.3M34.0M
Deferred Long Term Liab112.1M125.9M152.5M153.5M176.5M112.6M
Short Long Term Debt6.2B6.6B5.6B4.4B6.6B5.8B
Total Current Assets13.6B15.1B17.0B22.0B24.6B16.4B
Non Current Assets Total13.3B14.6B17.4B22.1B28.1B17.6B
Non Currrent Assets Other616.6M512.4M693.6M625.0M1.7B1.7B
Non Current Liabilities Total3.8B2.0B4.7B8.2B8.7B5.5B
Net Debt5.4B3.6B5.7B6.5B9.2B7.0B
Common Stock Shares Outstanding4.2B4.1B4.8B5.1B5.9B5.0B
Net Invested Capital19.2B21.4B23.7B30.4B33.5B26.0B
Net Working Capital1.6B1.5B3.1B7.0B2.4B3.0B

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Other Information on Investing in GEM Stock

Balance Sheet is a snapshot of the financial position of GEM Co at a specified time, usually calculated after every quarter, six months, or one year. GEM Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GEM 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 GEM currently owns. An asset can also be divided into two categories, current and non-current.