| ABVEW Stock | | | 0.03 0 10.45% |
Above Food financial indicator trend analysis is way more than just evaluating Above Food Ingredients prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Above Food Ingredients is a good investment. Please check the relationship between Above Food Cost Of Revenue and its Capex To Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Above Food Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Cost Of Revenue vs Capex To Revenue
Cost Of Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Above Food Ingredients Cost Of Revenue account and
Capex To Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Above Food's Cost Of Revenue and Capex To Revenue is -0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Above Food Ingredients, assuming nothing else is changed. The correlation between historical values of Above Food's Cost Of Revenue and Capex To 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 Cost Of Revenue of Above Food Ingredients are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Cost Of Revenue i.e., Above Food's Cost Of Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Above Food Ingredients income statement and represents the costs associated with goods and services Above Food 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.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Above Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Above Food Ingredients 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 Above Food Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Above Food's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 331.9
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 24.2
M in 2025.
Above Food fundamental ratios Correlations
Click cells to compare fundamentals
Above Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Above Stock Analysis
When running Above Food's price analysis, check to
measure Above Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Above Food is operating at the current time. Most of Above Food's value examination focuses on studying past and present price action to
predict the probability of Above Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Above Food's price. Additionally, you may evaluate how the addition of Above Food to your portfolios can decrease your overall portfolio volatility.