688008 Stock | | | 75.48 4.51 5.64% |
Montage Technology financial indicator trend analysis is infinitely more than just investigating Montage Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montage Technology is a good investment. Please check the relationship between Montage Technology Ebit and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Montage Technology 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 board of governors.
Ebit vs Cost Of Revenue
Ebit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Montage Technology Ebit account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Montage Technology's Ebit and Cost Of Revenue is 0.68. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Montage Technology Co, assuming nothing else is changed. The correlation between historical values of Montage Technology's Ebit 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 Ebit of Montage Technology 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 Ebit i.e., Montage Technology's Ebit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebit
Cost Of Revenue
Cost of Revenue is found on Montage Technology income statement and represents the costs associated with goods and services Montage Technology 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 Montage Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montage 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 Montage Technology 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 board of governors.
The current year's
Discontinued Operations is expected to grow to about 36.3
M, whereas
Tax Provision is forecasted to decline to about 20
M.
Montage Technology fundamental ratios Correlations
Click cells to compare fundamentals
Montage Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Montage Technology fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Montage Stock
Balance Sheet is a snapshot of the
financial position of Montage Technology at a specified time, usually calculated after every quarter, six months, or one year. Montage Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Montage Technology 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 Montage currently owns. An asset can also be divided into two categories, current and non-current.