Cofoe Cost Of Revenue vs Ebitda Analysis

301087 Stock   38.68  1.25  3.34%   
Cofoe Medical financial indicator trend analysis is way more than just evaluating Cofoe Medical Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cofoe Medical Technology is a good investment. Please check the relationship between Cofoe Medical Cost Of Revenue and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cofoe Medical Technology. 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.

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 Cofoe Medical Technology Cost Of Revenue account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cofoe Medical's Cost Of Revenue and Ebitda is 0.87. 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 Cofoe Medical Technology, assuming nothing else is changed. The correlation between historical values of Cofoe Medical'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 Cofoe Medical Technology 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., Cofoe Medical's Cost Of Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Cofoe Medical Technology income statement and represents the costs associated with goods and services Cofoe Medical 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 Cofoe Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cofoe Medical Technology 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 Cofoe Medical Technology. 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 38.6 M, whereas Selling General Administrative is forecasted to decline to about 581.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense6.8M10.9M13.5M10.1M
Interest Income14.4M45.9M34.3M24.4M

Cofoe Medical fundamental ratios Correlations

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0.930.720.930.920.90.840.930.680.980.90.920.870.870.870.920.920.730.910.950.870.860.940.880.93-0.72
0.970.850.810.980.960.840.890.950.870.760.970.910.90.920.840.970.650.990.870.990.870.860.980.85-0.64
0.970.890.970.950.960.930.890.810.980.930.940.980.980.980.980.970.880.930.990.880.930.980.860.98-0.84
0.890.910.680.910.870.680.950.810.760.670.90.850.860.890.720.90.580.910.790.930.760.780.90.79-0.65
0.960.820.950.950.930.980.870.980.760.920.940.930.930.940.960.960.80.930.990.890.890.980.880.98-0.79
0.870.810.920.840.840.90.760.930.670.920.890.890.910.90.920.860.830.810.950.750.830.960.790.96-0.94
0.990.880.870.990.960.920.970.940.90.940.890.930.940.950.890.990.710.980.950.970.880.940.980.94-0.78
0.960.890.960.940.970.870.910.980.850.930.890.931.00.980.970.960.910.920.940.880.960.940.860.94-0.83
0.960.910.950.940.960.870.90.980.860.930.910.941.00.990.970.960.90.920.950.870.950.960.860.96-0.87
0.970.950.910.960.950.870.920.980.890.940.90.950.980.990.940.970.840.930.970.90.90.970.870.97-0.85
0.930.791.00.910.950.920.840.980.720.960.920.890.970.970.940.920.930.880.950.820.970.950.810.95-0.82
1.00.880.911.00.980.920.970.970.90.960.860.990.960.960.970.920.760.990.950.970.920.950.960.94-0.75
0.770.720.930.730.820.730.650.880.580.80.830.710.910.90.840.930.760.690.820.60.90.830.590.83-0.82
0.990.840.861.00.970.910.990.930.910.930.810.980.920.920.930.880.990.690.920.990.890.90.980.9-0.68
0.960.890.940.940.920.950.870.990.790.990.950.950.940.950.970.950.950.820.920.870.871.00.871.0-0.87
0.970.830.790.980.940.870.990.880.930.890.750.970.880.870.90.820.970.60.990.870.840.860.980.85-0.62
0.920.740.960.90.970.860.870.930.760.890.830.880.960.950.90.970.920.90.890.870.840.870.840.87-0.72
0.950.890.940.940.910.940.860.980.780.980.960.940.940.960.970.950.950.830.91.00.860.870.851.0-0.89
0.950.790.790.970.930.880.980.860.90.880.790.980.860.860.870.810.960.590.980.870.980.840.850.85-0.65
0.950.90.940.930.90.930.850.980.790.980.960.940.940.960.970.950.940.830.91.00.850.871.00.85-0.89
-0.75-0.85-0.81-0.72-0.72-0.72-0.64-0.84-0.65-0.79-0.94-0.78-0.83-0.87-0.85-0.82-0.75-0.82-0.68-0.87-0.62-0.72-0.89-0.65-0.89
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Cofoe Medical Account Relationship Matchups

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Other Information on Investing in Cofoe Stock

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