688728 Stock | | | 16.16 0.33 2.08% |
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 Interest Expense 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.
Interest Expense vs Cost Of Revenue
Interest Expense vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GalaxyCore Interest Expense account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between GalaxyCore's Interest Expense and Cost Of Revenue is 0.68. Overlapping area represents the amount of variation of Interest Expense 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 Interest Expense 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 Interest Expense 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 Interest Expense i.e., GalaxyCore's Interest Expense and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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).
GalaxyCore fundamental ratios Correlations
Click cells to compare fundamentals
GalaxyCore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GalaxyCore fundamental ratios Accounts
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.