Eit Total Revenue vs Cost Of Revenue Analysis
300815 Stock | 16.74 0.41 2.39% |
Eit Environmental financial indicator trend analysis is much more than just examining Eit Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eit Environmental is a good investment. Please check the relationship between Eit Environmental 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 Eit Environmental Development. 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 Eit Environmental Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Eit Environmental'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 Eit Environmental Development, assuming nothing else is changed. The correlation between historical values of Eit Environmental'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 Eit Environmental Development 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., Eit Environmental's Total Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Eit Environmental 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 Eit Environmental income statement and represents the costs associated with goods and services Eit Environmental 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 Eit Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eit Environmental 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 Eit Environmental Development. 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 12, 2024, Tax Provision is expected to decline to about 108.6 M. In addition to that, Selling General Administrative is expected to decline to about 115.6 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 1.4B | 966.2M | Total Revenue | 4.8B | 5.4B | 6.2B | 4.2B |
Eit Environmental fundamental ratios Correlations
Click cells to compare fundamentals
Eit Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Eit Environmental fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 4.5B | 5.2B | 6.1B | 7.3B | 4.1B | |
Other Current Liab | 86.4M | 97.9M | 119.1M | 220.5M | 82.4M | 101.7M | |
Total Current Liabilities | 1.3B | 1.5B | 1.6B | 2.0B | 2.7B | 1.5B | |
Total Stockholder Equity | 995.0M | 2.6B | 2.9B | 3.3B | 3.6B | 2.0B | |
Other Liab | 209.9M | 219.9M | 230.8M | 238.5M | 274.2M | 205.0M | |
Net Tangible Assets | 673.4M | 2.2B | 2.5B | 2.9B | 3.3B | 3.5B | |
Retained Earnings | 863.0M | 1.5B | 1.8B | 2.2B | 2.4B | 1.4B | |
Accounts Payable | 247.1M | 370.8M | 445.0M | 572.7M | 809.9M | 850.4M | |
Cash | 587.4M | 1.3B | 1.2B | 1.0B | 1.1B | 813.5M | |
Non Current Assets Total | 1.1B | 1.7B | 2.1B | 2.2B | 2.2B | 1.5B | |
Non Currrent Assets Other | 10.1M | 142.7M | 157.0M | 125.8M | 210.1M | 220.6M | |
Other Assets | 147.0M | 314.4M | 380.1M | 362.8M | 417.2M | 220.9M | |
Long Term Debt | 105.0M | 90M | 240.5M | 132.5M | 263.5M | 276.6M | |
Net Receivables | 927.3M | 1.0B | 1.5B | 2.3B | 3.3B | 3.4B | |
Non Current Liabilities Total | 314.9M | 352.0M | 570.4M | 441.3M | 583.7M | 380.8M | |
Inventory | 4.6M | 8.5M | 15.5M | 43.9M | 40.0M | 42.0M | |
Other Current Assets | 15.8M | 62.8M | 63.5M | 223.1M | 265.4M | 278.7M | |
Total Liab | 1.6B | 1.8B | 2.1B | 2.5B | 3.3B | 1.9B | |
Short Long Term Debt | 566.8M | 617.5M | 514.5M | 718M | 909.1M | 551.8M | |
Total Current Assets | 1.6B | 2.9B | 3.2B | 3.9B | 5.1B | 2.6B | |
Non Current Liabilities Other | 198.0M | 198.3M | 207.8M | 218.5M | 224.3M | 199.7M | |
Intangible Assets | 321.6M | 319.0M | 283.4M | 251.4M | 218.4M | 296.1M | |
Property Plant Equipment | 592.7M | 730.5M | 961.8M | 1.1B | 1.2B | 649.5M | |
Deferred Long Term Liab | 9.2M | 57.1M | 65.7M | 20.5M | 23.6M | 30.4M | |
Net Invested Capital | 1.6B | 3.3B | 3.6B | 4.2B | 4.8B | 3.0B | |
Net Working Capital | 307.9M | 1.4B | 1.6B | 1.9B | 2.4B | 1.2B |
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.Other Information on Investing in Eit Stock
Balance Sheet is a snapshot of the financial position of Eit Environmental at a specified time, usually calculated after every quarter, six months, or one year. Eit Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eit Environmental 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 Eit currently owns. An asset can also be divided into two categories, current and non-current.