Climb Ebit vs Cost Of Revenue Analysis

CLMB Stock  USD 134.61  0.69  0.52%   
Climb Global financial indicator trend analysis is way more than just evaluating Climb Global Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Climb Global Solutions is a good investment. Please check the relationship between Climb Global Ebit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Climb Global Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Ebit vs Cost Of Revenue

Ebit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Climb Global Solutions Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Climb Global's Ebit and Cost Of Revenue is 0.18. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Climb Global Solutions, assuming nothing else is changed. The correlation between historical values of Climb Global's Ebit 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 Ebit of Climb Global Solutions 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 Ebit i.e., Climb Global's Ebit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ebit

Cost Of Revenue

Cost of Revenue is found on Climb Global Solutions income statement and represents the costs associated with goods and services Climb Global 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 Climb Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Climb Global Solutions 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 Climb Global Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, Climb Global's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.11, whereas Tax Provision is forecasted to decline to about 3.1 M.
 2021 2022 2023 2024 (projected)
Total Revenue282.6M304.3M352.0M239.7M
Depreciation And Amortization2.0M2.5M3.2M3.3M

Climb Global fundamental ratios Correlations

0.110.951.00.950.970.951.00.830.97-0.510.610.99-0.150.950.340.890.091.01.00.03-0.60.88-0.52-0.120.92
0.110.010.110.080.160.180.120.140.1-0.530.060.12-0.360.240.550.14-0.420.120.120.51-0.350.140.33-0.340.17
0.950.010.960.860.970.840.950.780.94-0.430.530.94-0.260.880.260.850.110.960.950.14-0.640.93-0.410.010.9
1.00.110.960.930.980.931.00.820.98-0.520.590.99-0.20.950.350.910.061.00.990.08-0.620.9-0.47-0.090.93
0.950.080.860.930.870.990.940.830.88-0.410.650.960.090.870.220.780.230.930.97-0.22-0.460.76-0.72-0.250.82
0.970.160.970.980.870.890.970.750.94-0.590.50.96-0.320.920.430.9-0.070.980.960.19-0.620.9-0.36-0.030.9
0.950.180.840.930.990.890.940.790.88-0.490.610.960.030.890.330.80.080.930.96-0.16-0.450.75-0.66-0.270.82
1.00.120.951.00.940.970.940.820.98-0.520.610.99-0.180.950.360.910.061.00.990.06-0.610.89-0.49-0.110.93
0.830.140.780.820.830.750.790.820.8-0.440.870.780.030.720.180.780.290.820.83-0.1-0.810.62-0.53-0.210.67
0.970.10.940.980.880.940.880.980.8-0.490.60.94-0.220.960.420.910.050.980.950.14-0.630.9-0.4-0.040.95
-0.51-0.53-0.43-0.52-0.41-0.59-0.49-0.52-0.44-0.49-0.32-0.490.53-0.6-0.63-0.730.47-0.52-0.51-0.470.55-0.42-0.16-0.01-0.47
0.610.060.530.590.650.50.610.610.870.6-0.320.550.350.520.210.620.410.590.61-0.22-0.660.35-0.52-0.470.45
0.990.120.940.990.960.960.960.990.780.94-0.490.55-0.140.940.310.860.080.991.00.01-0.530.88-0.53-0.140.91
-0.15-0.36-0.26-0.20.09-0.320.03-0.180.03-0.220.530.35-0.14-0.25-0.32-0.340.66-0.21-0.12-0.840.39-0.37-0.67-0.53-0.28
0.950.240.880.950.870.920.890.950.720.96-0.60.520.94-0.250.510.890.020.960.940.2-0.560.91-0.35-0.070.97
0.340.550.260.350.220.430.330.360.180.42-0.630.210.31-0.320.510.47-0.50.360.310.44-0.270.320.2-0.240.4
0.890.140.850.910.780.90.80.910.780.91-0.730.620.86-0.340.890.47-0.130.910.880.21-0.680.76-0.270.040.82
0.09-0.420.110.060.23-0.070.080.060.290.050.470.410.080.660.02-0.5-0.130.050.1-0.48-0.050.1-0.51-0.180.09
1.00.120.961.00.930.980.931.00.820.98-0.520.590.99-0.210.960.360.910.050.990.09-0.620.9-0.46-0.090.94
1.00.120.950.990.970.960.960.990.830.95-0.510.611.0-0.120.940.310.880.10.990.0-0.580.87-0.55-0.140.9
0.030.510.140.08-0.220.19-0.160.06-0.10.14-0.47-0.220.01-0.840.20.440.21-0.480.090.0-0.440.340.830.260.26
-0.6-0.35-0.64-0.62-0.46-0.62-0.45-0.61-0.81-0.630.55-0.66-0.530.39-0.56-0.27-0.68-0.05-0.62-0.58-0.44-0.58-0.050.03-0.56
0.880.140.930.90.760.90.750.890.620.9-0.420.350.88-0.370.910.320.760.10.90.870.34-0.58-0.220.10.97
-0.520.33-0.41-0.47-0.72-0.36-0.66-0.49-0.53-0.4-0.16-0.52-0.53-0.67-0.350.2-0.27-0.51-0.46-0.550.83-0.05-0.220.33-0.3
-0.12-0.340.01-0.09-0.25-0.03-0.27-0.11-0.21-0.04-0.01-0.47-0.14-0.53-0.07-0.240.04-0.18-0.09-0.140.260.030.10.330.02
0.920.170.90.930.820.90.820.930.670.95-0.470.450.91-0.280.970.40.820.090.940.90.26-0.560.97-0.30.02
Click cells to compare fundamentals

Climb Global Account Relationship Matchups

Climb Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.3M165.5M190.8M231.9M335.1M351.9M
Other Current Liab5.1M9.6M8.4M9.5M30.5M32.0M
Total Current Liabilities78.7M117.2M134.7M161.7M250.6M263.2M
Total Stockholder Equity45.3M44.7M52.4M60.6M74.8M78.5M
Property Plant And Equipment Net3.0M4.2M3.6M4.8M9.7M10.2M
Retained Earnings26.7M28.2M34.4M43.9M53.2M55.9M
Accounts Payable73.3M107.0M125.9M151.2M218.7M229.7M
Cash15.0M29.3M29.3M20.2M36.3M38.1M
Non Current Assets Total4.7M32.4M31.4M47.2M66.0M69.3M
Non Currrent Assets Other1.5M257K459K350K1.9M1.8M
Cash And Short Term Investments15.0M29.3M29.3M20.2M36.3M19.2M
Net Receivables101.0M93.8M122.5M154.6M222.3M233.4M
Common Stock Shares Outstanding4.4M4.3M4.3M4.3M4.4M3.6M
Liabilities And Stockholders Equity126.3M165.5M190.8M231.9M335.1M351.9M
Non Current Liabilities Total2.3M3.6M3.6M9.6M9.7M10.2M
Inventory2.8M4.9M2.0M4.8M3.7M2.0M
Other Current Assets2.7M5.1M5.5M5.0M6.8M7.1M
Other Stockholder Equity19.6M17.2M18.2M19.5M22.0M20.0M
Total Liab81.0M120.8M138.3M171.3M260.3M273.3M
Total Current Assets121.5M133.2M159.3M184.6M269.1M282.5M
Net Debt(12.4M)(26.7M)(27.0M)(16.6M)(33.7M)(32.0M)
Accumulated Other Comprehensive Income(1.1M)(742K)(250K)(2.9M)(522K)(548.1K)
Other Liab89K1.5M1.8M7.0M8.1M8.5M
Net Tangible Assets45.3M17.3M25.3M21.9M19.7M24.0M
Other Assets1.7M674K726K3.8M3.4M3.6M
Net Invested Capital45.3M44.7M52.4M62.4M76.1M58.9M
Net Working Capital42.8M16.0M24.6M22.9M18.4M21.5M
Property Plant Equipment3.0M4.2M3.6M3.5M4.0M3.5M

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When determining whether Climb Global Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Climb Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Climb Global Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Climb Global Solutions Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Climb Global Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Climb Global. If investors know Climb will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Climb Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.286
Dividend Share
0.68
Earnings Share
3.7
Revenue Per Share
92.266
Quarterly Revenue Growth
0.521
The market value of Climb Global Solutions is measured differently than its book value, which is the value of Climb that is recorded on the company's balance sheet. Investors also form their own opinion of Climb Global's value that differs from its market value or its book value, called intrinsic value, which is Climb Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Climb Global's market value can be influenced by many factors that don't directly affect Climb Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Climb Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Climb Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Climb Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.