300247 Stock | | | 4.51 0.04 0.88% |
Youngy Health financial indicator trend analysis is more than just analyzing Youngy Health current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Youngy Health is a good investment. Please check the relationship between Youngy Health Net Income and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Youngy Health 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.
Net Income vs Cost Of Revenue
Net Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Youngy Health Net Income account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Youngy Health's Net Income and Cost Of Revenue is -0.57. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Youngy Health Co, assuming nothing else is changed. The correlation between historical values of Youngy Health's Net Income 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 Net Income of Youngy Health 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 Net Income i.e., Youngy Health's Net Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Youngy Health financial statement analysis. It represents the amount of money remaining after all of Youngy Health Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Cost Of Revenue
Cost of Revenue is found on Youngy Health income statement and represents the costs associated with goods and services Youngy Health 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 Youngy Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Youngy Health 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 Youngy Health 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.
The current year's
Tax Provision is expected to grow to about 18.7
M, whereas
Selling General Administrative is forecasted to decline to about 35.8
M.
Youngy Health fundamental ratios Correlations
Click cells to compare fundamentals
Youngy Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Youngy Health fundamental ratios Accounts
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Other Information on Investing in Youngy Stock
Balance Sheet is a snapshot of the
financial position of Youngy Health at a specified time, usually calculated after every quarter, six months, or one year. Youngy Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Youngy Health 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 Youngy currently owns. An asset can also be divided into two categories, current and non-current.