Barbeque Nation financial indicator trend analysis is way more than just evaluating Barbeque Nation Hosp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barbeque Nation Hosp is a good investment. Please check the relationship between Barbeque Nation Other Operating Expenses and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barbeque Nation Hospitality. 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.
Other Operating Expenses vs Cost Of Revenue
Other Operating Expenses vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barbeque Nation Hosp Other Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Barbeque Nation's Other Operating Expenses and Cost Of Revenue is 0.92. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Barbeque Nation Hospitality, assuming nothing else is changed. The correlation between historical values of Barbeque Nation's Other Operating Expenses 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 Other Operating Expenses of Barbeque Nation Hospitality 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 Other Operating Expenses i.e., Barbeque Nation's Other Operating Expenses and Cost Of Revenue go up and down completely randomly.
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Barbeque Nation Hosp. It is also known as Barbeque Nation overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Cost Of Revenue
Cost of Revenue is found on Barbeque Nation Hosp income statement and represents the costs associated with goods and services Barbeque Nation 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 Barbeque Nation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barbeque Nation Hosp 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 Barbeque Nation Hospitality. 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Barbeque Nation's price analysis, check to measure Barbeque Nation'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 Barbeque Nation is operating at the current time. Most of Barbeque Nation's value examination focuses on studying past and present price action to predict the probability of Barbeque Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barbeque Nation's price. Additionally, you may evaluate how the addition of Barbeque Nation to your portfolios can decrease your overall portfolio volatility.