BAOS Stock | | | USD 1.87 0.05 2.60% |
Baosheng Media financial indicator trend analysis is way more than just evaluating Baosheng Media Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baosheng Media Group is a good investment. Please check the relationship between Baosheng Media Capex To Revenue and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Baosheng Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Capex To Revenue vs Cost Of Revenue
Capex To Revenue vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Baosheng Media Group Capex To Revenue account and
Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Baosheng Media's Capex To Revenue and Cost Of Revenue is 0.55. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Baosheng Media Group, assuming nothing else is changed. The correlation between historical values of Baosheng Media's Capex To Revenue 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 Capex To Revenue of Baosheng Media Group 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 Capex To Revenue i.e., Baosheng Media's Capex To Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Cost Of Revenue
Cost of Revenue is found on Baosheng Media Group income statement and represents the costs associated with goods and services Baosheng Media 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 Baosheng Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baosheng Media Group 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 Baosheng Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Baosheng Media's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 2.10 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Baosheng Media fundamental ratios Correlations
Click cells to compare fundamentals
Baosheng Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baosheng Media fundamental ratios Accounts
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Additional Tools for Baosheng Stock Analysis
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measure Baosheng Media'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 Baosheng Media is operating at the current time. Most of Baosheng Media's value examination focuses on studying past and present price action to
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