Batero Cost Of Revenue vs Gross Profit Analysis

BAT Stock

CAD 0.03 0.01 25.00%

Batero Gold financial indicator trend analysis is way more than just evaluating Batero Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Batero Gold Corp is a good investment. Please check the relationship between Batero Gold Cost Of Revenue and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Batero Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Batero Gold Corp Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have pay attention.

The correlation between Batero Gold's Cost Of Revenue and Gross Profit is -1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Batero Gold Corp, assuming nothing else is changed. The correlation between historical values of Batero Gold's Cost Of Revenue and Gross Profit 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 Batero Gold Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., Batero Gold's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

-1.0

Relationship Direction	Negative
Relationship Strength	Strong

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Cost Of Revenue

Cost of Revenue is found on Batero Gold Corp income statement and represents the costs associated with goods and services Batero Gold 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Batero Gold Corp minus its cost of goods sold. It is profit before Batero Gold operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Batero Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Batero Gold Corp 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 Batero Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 161.8 K in 2025

Batero Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		-0.3	1.0	0.83	0.77	-0.18	-0.83	0.44	-0.56	-0.26	0.32	0.51	-0.83	0.51	0.86	-0.26	-0.74	1.0	-0.59	-0.26	0.99	-0.89	-0.26	0.71	0.71
Total Current Liabilities	-0.3		-0.3	-0.36	-0.3	0.99	0.38	-0.07	0.35	0.16	-0.31	-0.06	0.38	-0.35	-0.37	0.16	0.03	-0.28	0.51	0.16	-0.32	0.36	0.16	-0.32	-0.32
Total Stockholder Equity	1.0	-0.3		0.83	0.78	-0.19	-0.83	0.44	-0.56	-0.26	0.31	0.5	-0.83	0.5	0.86	-0.26	-0.74	0.99	-0.59	-0.26	0.99	-0.89	-0.26	0.7	0.7
Net Tangible Assets	0.83	-0.36	0.83		0.97	-0.28	-0.81	0.53	-0.67	-0.21	0.3	0.41	-0.81	0.49	0.99	-0.21	-0.37	0.83	-0.71	-0.21	0.84	-0.84	-0.21	0.61	0.61
Retained Earnings	0.77	-0.3	0.78	0.97		-0.23	-0.76	0.43	-0.62	-0.19	0.14	0.34	-0.76	0.34	0.95	-0.19	-0.35	0.78	-0.67	-0.19	0.8	-0.82	-0.19	0.49	0.49
Accounts Payable	-0.18	0.99	-0.19	-0.28	-0.23		0.28	-0.03	0.32	0.11	-0.27	0.06	0.28	-0.28	-0.29	0.11	-0.11	-0.16	0.47	0.11	-0.21	0.25	0.11	-0.2	-0.2
Cash	-0.83	0.38	-0.83	-0.81	-0.76	0.28		-0.67	0.83	0.44	-0.59	-0.6	1.0	-0.63	-0.85	0.44	0.62	-0.85	0.78	0.44	-0.88	0.95	0.44	-0.76	-0.76
Other Assets	0.44	-0.07	0.44	0.53	0.43	-0.03	-0.67		-0.89	-0.03	0.49	0.24	-0.67	0.39	0.58	-0.03	-0.06	0.42	-0.7	-0.03	0.48	-0.49	-0.03	0.33	0.33
Net Receivables	-0.56	0.35	-0.56	-0.67	-0.62	0.32	0.83	-0.89		0.27	-0.54	-0.32	0.83	-0.52	-0.72	0.27	0.16	-0.54	0.91	0.27	-0.63	0.7	0.27	-0.47	-0.47
Other Current Assets	-0.26	0.16	-0.26	-0.21	-0.19	0.11	0.44	-0.03	0.27		-0.58	-0.75	0.44	-0.81	-0.19	1.0	0.41	-0.28	0.33	1.0	-0.33	0.47	1.0	-0.74	-0.74
Other Stockholder Equity	0.32	-0.31	0.31	0.3	0.14	-0.27	-0.59	0.49	-0.54	-0.58		0.49	-0.59	0.77	0.29	-0.58	-0.28	0.32	-0.34	-0.58	0.35	-0.39	-0.58	0.61	0.61
Total Liab	0.51	-0.06	0.5	0.41	0.34	0.06	-0.6	0.24	-0.32	-0.75	0.49		-0.6	0.74	0.42	-0.75	-0.64	0.55	-0.35	-0.75	0.54	-0.65	-0.75	0.85	0.85
Total Current Assets	-0.83	0.38	-0.83	-0.81	-0.76	0.28	1.0	-0.67	0.83	0.44	-0.59	-0.6		-0.63	-0.85	0.44	0.62	-0.85	0.78	0.44	-0.87	0.95	0.44	-0.76	-0.76
Common Stock	0.51	-0.35	0.5	0.49	0.34	-0.28	-0.63	0.39	-0.52	-0.81	0.77	0.74	-0.63		0.49	-0.81	-0.4	0.51	-0.56	-0.81	0.55	-0.61	-0.81	0.91	0.91
Property Plant Equipment	0.86	-0.37	0.86	0.99	0.95	-0.29	-0.85	0.58	-0.72	-0.19	0.29	0.42	-0.85	0.49		-0.19	-0.42	0.86	-0.75	-0.19	0.88	-0.88	-0.19	0.64	0.64
Deferred Long Term Liab	-0.26	0.16	-0.26	-0.21	-0.19	0.11	0.44	-0.03	0.27	1.0	-0.58	-0.75	0.44	-0.81	-0.19		0.41	-0.28	0.33	1.0	-0.33	0.47	1.0	-0.74	-0.74
Other Current Liab	-0.74	0.03	-0.74	-0.37	-0.35	-0.11	0.62	-0.06	0.16	0.41	-0.28	-0.64	0.62	-0.4	-0.42	0.41		-0.78	0.17	0.41	-0.72	0.71	0.41	-0.69	-0.69
Non Current Assets Total	1.0	-0.28	0.99	0.83	0.78	-0.16	-0.85	0.42	-0.54	-0.28	0.32	0.55	-0.85	0.51	0.86	-0.28	-0.78		-0.57	-0.28	0.99	-0.91	-0.28	0.73	0.73
Non Currrent Assets Other	-0.59	0.51	-0.59	-0.71	-0.67	0.47	0.78	-0.7	0.91	0.33	-0.34	-0.35	0.78	-0.56	-0.75	0.33	0.17	-0.57		0.33	-0.67	0.75	0.33	-0.55	-0.55
Common Stock Shares Outstanding	-0.26	0.16	-0.26	-0.21	-0.19	0.11	0.44	-0.03	0.27	1.0	-0.58	-0.75	0.44	-0.81	-0.19	1.0	0.41	-0.28	0.33		-0.33	0.47	1.0	-0.74	-0.74
Net Invested Capital	0.99	-0.32	0.99	0.84	0.8	-0.21	-0.88	0.48	-0.63	-0.33	0.35	0.54	-0.87	0.55	0.88	-0.33	-0.72	0.99	-0.67	-0.33		-0.92	-0.33	0.73	0.73
Net Working Capital	-0.89	0.36	-0.89	-0.84	-0.82	0.25	0.95	-0.49	0.7	0.47	-0.39	-0.65	0.95	-0.61	-0.88	0.47	0.71	-0.91	0.75	0.47	-0.92		0.47	-0.81	-0.81
Capital Stock	-0.26	0.16	-0.26	-0.21	-0.19	0.11	0.44	-0.03	0.27	1.0	-0.58	-0.75	0.44	-0.81	-0.19	1.0	0.41	-0.28	0.33	1.0	-0.33	0.47		-0.74	-0.74
Property Plant And Equipment Net	0.71	-0.32	0.7	0.61	0.49	-0.2	-0.76	0.33	-0.47	-0.74	0.61	0.85	-0.76	0.91	0.64	-0.74	-0.69	0.73	-0.55	-0.74	0.73	-0.81	-0.74		1.0
Property Plant And Equipment Gross	0.71	-0.32	0.7	0.61	0.49	-0.2	-0.76	0.33	-0.47	-0.74	0.61	0.85	-0.76	0.91	0.64	-0.74	-0.69	0.73	-0.55	-0.74	0.73	-0.81	-0.74	1.0

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Batero Gold Account Relationship Matchups

Batero Gold fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	49.1M	48.4M	48.5M	48.7M	56.0M	37.1M
Total Current Liabilities	372.8K	154.7K	122.1K	114.9K	103.4K	184.3K
Total Stockholder Equity	48.7M	48.3M	47.8M	47.5M	54.6M	36.7M
Net Tangible Assets	50.1M	49.6M	48.7M	48.3M	55.5M	37.2M
Retained Earnings	(29.6M)	(30.1M)	(30.5M)	(30.8M)	(35.5M)	(37.2M)
Accounts Payable	128.1K	107.6K	372.8K	146.0K	131.4K	187.1K
Cash	2.1M	224.7K	98.9K	16.6K	14.9K	14.2K
Net Receivables	1.0K	1.1K	2.8K	1.7K	1.6K	1.5K
Total Liab	372.8K	154.7K	713.1K	1.2M	1.4M	1.5M
Total Current Assets	2.1M	243.6K	104.4K	20.1K	18.1K	17.2K
Property Plant Equipment	42.7M	44.5M	47.0M	48.2M	55.4M	28.5M
Non Current Assets Total	47.0M	48.2M	48.4M	48.7M	56.0M	34.7M
Net Invested Capital	48.7M	48.3M	47.8M	47.5M	54.6M	41.0M
Net Working Capital	1.7M	88.9K	(17.7K)	(94.8K)	(85.3K)	(81.1K)
Property Plant And Equipment Net	47.0M	48.2M	48.4M	48.7M	56.0M	52.1M
Property Plant And Equipment Gross	47.7M	48.9M	49.2M	49.4M	56.9M	52.9M

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