GalaxyCore Depreciation And Amortization vs Cost Of Revenue Analysis

688728 Stock   14.46  0.21  1.43%   
GalaxyCore financial indicator trend analysis is much more than just examining GalaxyCore latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GalaxyCore is a good investment. Please check the relationship between GalaxyCore Depreciation And Amortization and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GalaxyCore. 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.

Depreciation And Amortization vs Cost Of Revenue

Depreciation And Amortization vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GalaxyCore Depreciation And Amortization account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GalaxyCore's Depreciation And Amortization and Cost Of Revenue is 0.93. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of GalaxyCore, assuming nothing else is changed. The correlation between historical values of GalaxyCore's Depreciation And Amortization 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 Depreciation And Amortization of GalaxyCore 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 Depreciation And Amortization i.e., GalaxyCore's Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Cost Of Revenue

Cost of Revenue is found on GalaxyCore income statement and represents the costs associated with goods and services GalaxyCore 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 GalaxyCore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GalaxyCore 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 GalaxyCore. 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 Selling General Administrative is expected to grow to about 202.9 M, whereas Tax Provision is projected to grow to (34.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense102.4M108.8M204.9M215.2M
Depreciation And Amortization252.7M123.9M142.5M116.3M

GalaxyCore fundamental ratios Correlations

0.990.070.920.910.950.890.890.340.90.990.470.980.770.930.92-0.70.990.990.920.990.90.820.930.540.96
0.990.020.880.860.990.950.860.320.851.00.350.940.730.970.88-0.650.951.00.860.970.860.80.970.570.94
0.070.020.270.22-0.05-0.140.10.10.270.030.50.130.41-0.070.18-0.550.110.040.240.110.21-0.27-0.06-0.380.14
0.920.880.270.950.820.740.90.470.960.880.570.930.840.790.99-0.810.930.890.980.930.970.80.790.450.96
0.910.860.220.950.780.670.980.280.990.860.710.940.790.760.97-0.70.940.850.990.930.960.870.750.350.97
0.950.99-0.050.820.780.980.810.240.760.990.210.880.651.00.81-0.550.890.980.780.920.780.761.00.560.9
0.890.95-0.140.740.670.980.710.260.650.940.030.790.580.980.72-0.490.810.940.680.840.690.70.990.620.82
0.890.860.10.90.980.810.710.110.950.870.630.90.720.80.93-0.550.910.840.940.890.910.910.790.30.96
0.340.320.10.470.280.240.260.110.330.250.080.370.570.190.45-0.750.380.360.420.40.50.180.220.750.29
0.90.850.270.960.990.760.650.950.330.850.740.950.80.740.98-0.750.940.840.990.930.970.840.730.340.96
0.991.00.030.880.860.990.940.870.250.850.360.940.710.980.87-0.620.950.990.860.960.840.80.980.510.94
0.470.350.50.570.710.210.030.630.080.740.360.610.510.180.6-0.530.590.350.680.540.620.440.16-0.160.55
0.980.940.130.930.940.880.790.90.370.950.940.610.80.850.94-0.731.00.950.950.990.930.820.840.490.95
0.770.730.410.840.790.650.580.720.570.80.710.510.80.60.84-0.870.80.740.840.80.870.530.620.50.76
0.930.97-0.070.790.761.00.980.80.190.740.980.180.850.60.78-0.510.870.970.750.890.750.751.00.540.88
0.920.880.180.990.970.810.720.930.450.980.870.60.940.840.78-0.770.940.880.990.940.980.860.780.480.97
-0.7-0.65-0.55-0.81-0.7-0.55-0.49-0.55-0.75-0.75-0.62-0.53-0.73-0.87-0.51-0.77-0.73-0.68-0.78-0.74-0.81-0.38-0.52-0.5-0.68
0.990.950.110.930.940.890.810.910.380.940.950.591.00.80.870.94-0.730.950.951.00.930.830.860.510.96
0.991.00.040.890.850.980.940.840.360.840.990.350.950.740.970.88-0.680.950.860.970.860.780.970.580.94
0.920.860.240.980.990.780.680.940.420.990.860.680.950.840.750.99-0.780.950.860.940.990.840.750.430.97
0.990.970.110.930.930.920.840.890.40.930.960.540.990.80.890.94-0.741.00.970.940.930.820.890.540.96
0.90.860.210.970.960.780.690.910.50.970.840.620.930.870.750.98-0.810.930.860.990.930.830.750.540.95
0.820.8-0.270.80.870.760.70.910.180.840.80.440.820.530.750.86-0.380.830.780.840.820.830.740.480.88
0.930.97-0.060.790.751.00.990.790.220.730.980.160.840.621.00.78-0.520.860.970.750.890.750.740.560.88
0.540.57-0.380.450.350.560.620.30.750.340.51-0.160.490.50.540.48-0.50.510.580.430.540.540.480.560.44
0.960.940.140.960.970.90.820.960.290.960.940.550.950.760.880.97-0.680.960.940.970.960.950.880.880.44
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GalaxyCore Account Relationship Matchups

GalaxyCore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B5.7B13.3B18.2B20.2B21.2B
Short Long Term Debt Total771.1M1.8B4.0B8.6B9.9B10.3B
Other Current Liab1.1B217.0M678.4M856.7M2.9M2.8M
Total Current Liabilities2.6B2.8B5.0B5.4B7.0B3.9B
Total Stockholder Equity266.2M2.7B7.5B7.9B7.9B4.4B
Property Plant And Equipment Net194.8M297.0M1.5B8.2B9.5B10.0B
Net Debt287.6M298.2M(488.7M)4.5B6.1B6.4B
Retained Earnings267.3M1.0B2.3B2.7B2.7B1.7B
Accounts Payable833.7M1.0B634.6M411.0M788.3M717.8M
Cash483.5M1.5B4.5B4.1B4.3B2.4B
Non Current Assets Total455.2M901.6M4.4B9.7B10.4B10.9B
Non Currrent Assets Other150.1M356.9M2.6B1.2B235.4M223.6M
Cash And Short Term Investments483.5M1.5B4.5B4.1B4.7B5.0B
Common Stock Shares Outstanding2.1B2.3B2.5B2.6B2.6B2.3B
Liabilities And Stockholders Equity3.0B5.7B13.3B18.2B20.9B21.9B
Non Current Liabilities Total95.6M212.0M771.4M4.9B5.3B5.6B
Inventory1.2B2.1B3.5B3.4B4.6B2.6B
Other Current Assets37.9M103.2M138.5M136.3M209.0M225.7M
Other Stockholder Equity(1.2M)1.7B5.3B5.2B5.9B6.2B
Total Liab2.7B3.0B5.8B10.3B12.3B12.9B
Total Current Assets2.5B4.8B8.9B8.4B9.8B5.9B
Short Term Debt687.0M1.6B3.7B4.1B4.7B4.9B
Intangible Assets74.0M201.0M247.6M265.7M301.0M187.0M

Currently Active Assets on Macroaxis

Other Information on Investing in GalaxyCore Stock

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