Caledonia Cost Of Revenue vs Gross Profit Analysis

CMCL Stock   845.00  15.00  1.81%   
Caledonia Mining financial indicator trend analysis is way more than just evaluating Caledonia Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caledonia Mining is a good investment. Please check the relationship between Caledonia Mining 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 Caledonia Mining. 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.
For more information on how to buy Caledonia Stock please use our How to Invest in Caledonia Mining guide.

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 Caledonia Mining Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Caledonia Mining's Cost Of Revenue and Gross Profit is 0.72. 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 Caledonia Mining, assuming nothing else is changed. The correlation between historical values of Caledonia Mining'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 Caledonia Mining 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., Caledonia Mining's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Caledonia Mining income statement and represents the costs associated with goods and services Caledonia Mining 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 Caledonia Mining minus its cost of goods sold. It is profit before Caledonia Mining 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 Caledonia Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caledonia Mining 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 Caledonia Mining. 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.
For more information on how to buy Caledonia Stock please use our How to Invest in Caledonia Mining guide.Selling General Administrative is likely to gain to about 19.5 M in 2024. Tax Provision is likely to gain to about 12.9 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit54.1M61.8M41.5M43.6M
Total Revenue121.3M142.1M146.3M153.6M

Caledonia Mining fundamental ratios Correlations

0.991.00.750.47-0.371.00.910.95-0.370.840.940.420.860.980.870.920.950.760.940.950.430.670.20.320.85
0.990.990.710.5-0.330.990.90.93-0.330.830.950.380.790.980.880.880.920.740.910.950.410.650.210.230.84
1.00.990.790.49-0.431.00.910.95-0.430.830.940.410.860.980.830.920.950.760.940.930.410.70.180.350.86
0.750.710.790.56-0.840.790.620.73-0.840.490.80.150.740.750.340.690.820.620.780.550.060.9-0.140.490.87
0.470.50.490.56-0.60.510.540.53-0.6-0.060.50.020.170.530.20.410.40.10.360.46-0.420.640.220.060.43
-0.37-0.33-0.43-0.84-0.6-0.44-0.37-0.421.0-0.03-0.41-0.01-0.37-0.430.13-0.39-0.43-0.22-0.47-0.220.22-0.660.08-0.38-0.48
1.00.991.00.790.51-0.440.910.95-0.440.820.940.40.860.980.820.920.950.760.940.930.40.70.180.350.86
0.910.90.910.620.54-0.370.910.93-0.370.710.790.610.750.920.780.880.790.510.830.940.380.490.420.330.64
0.950.930.950.730.53-0.420.950.93-0.420.750.860.480.830.970.80.940.910.610.930.930.360.630.210.370.79
-0.37-0.33-0.43-0.84-0.61.0-0.44-0.37-0.42-0.03-0.41-0.01-0.37-0.430.13-0.39-0.43-0.22-0.47-0.220.22-0.660.08-0.38-0.48
0.840.830.830.49-0.06-0.030.820.710.75-0.030.770.470.820.790.870.760.820.770.830.80.760.350.080.240.7
0.940.950.940.80.5-0.410.940.790.86-0.410.770.240.790.890.780.780.910.780.850.820.310.810.030.310.91
0.420.380.410.150.02-0.010.40.610.48-0.010.470.240.470.410.460.540.33-0.050.440.510.48-0.020.360.330.16
0.860.790.860.740.17-0.370.860.750.83-0.370.820.790.470.820.690.90.910.760.90.740.480.630.030.690.78
0.980.980.980.750.53-0.430.980.920.97-0.430.790.890.410.820.820.940.940.710.950.960.390.650.20.280.83
0.870.880.830.340.20.130.820.780.80.130.870.780.460.690.820.770.760.650.760.910.590.330.280.120.62
0.920.880.920.690.41-0.390.920.880.94-0.390.760.780.540.90.940.770.920.670.930.90.420.550.160.450.74
0.950.920.950.820.4-0.430.950.790.91-0.430.820.910.330.910.940.760.920.810.940.840.40.75-0.070.380.93
0.760.740.760.620.1-0.220.760.510.61-0.220.770.78-0.050.760.710.650.670.810.720.610.460.58-0.10.30.76
0.940.910.940.780.36-0.470.940.830.93-0.470.830.850.440.90.950.760.930.940.720.880.460.620.160.420.8
0.950.950.930.550.46-0.220.930.940.93-0.220.80.820.510.740.960.910.90.840.610.880.470.440.380.190.67
0.430.410.410.06-0.420.220.40.380.360.220.760.310.480.480.390.590.420.40.460.460.47-0.130.140.070.25
0.670.650.70.90.64-0.660.70.490.63-0.660.350.81-0.020.630.650.330.550.750.580.620.44-0.13-0.270.430.89
0.20.210.18-0.140.220.080.180.420.210.080.080.030.360.030.20.280.16-0.07-0.10.160.380.14-0.270.08-0.29
0.320.230.350.490.06-0.380.350.330.37-0.380.240.310.330.690.280.120.450.380.30.420.190.070.430.080.3
0.850.840.860.870.43-0.480.860.640.79-0.480.70.910.160.780.830.620.740.930.760.80.670.250.89-0.290.3
Click cells to compare fundamentals

Caledonia Mining Account Relationship Matchups

Caledonia Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets143.6M177.9M210.9M235.2M328.3M344.7M
Total Stockholder Equity108.4M141.5M161.3M171.1M239.7M251.7M
Property Plant And Equipment Net113.7M133.2M157.8M196.6M273.9M287.6M
Net Debt(6.1M)(18.4M)(15.8M)7.9M20.8M21.8M
Retained Earnings(88.4M)(71.5M)(59.2M)(50.2M)(63.2M)(66.3M)
Cash9.4M19.1M17.2M4.7M4.3M8.0M
Non Current Assets Total113.7M133.3M157.9M196.8M274.1M287.8M
Non Currrent Assets Other82.1M97.5M113.7M157.9M181.6M190.7M
Other Assets98K63K87K194K223.1K234.3K
Cash And Short Term Investments9.4M19.1M17.2M4.7M4.3M8.0M
Common Stock Shares Outstanding10.7M11.7M12.2M12.8M17.5M18.4M
Liabilities And Stockholders Equity143.6M177.9M210.9M235.2M328.3M344.7M
Other Current Assets4.4M4.8M6.9M6.1M18.6M19.5M
Total Liab18.8M19.9M30.3M41.7M64.1M67.3M
Property Plant And Equipment Gross113.7M133.2M203.8M251.4M273.9M287.6M
Total Current Assets29.8M44.6M52.9M38.4M54.2M56.9M
Accumulated Other Comprehensive Income(8.6M)(8.8M)(9.3M)(9.8M)(10.4M)(9.9M)
Other Current Liab6.1M7.1M12.6M15.1M15.4M16.2M
Total Current Liabilities9.9M10.0M17.7M32.4M40.1M42.1M
Accounts Payable2.8M1.9M2.5M3.5M6.2M6.5M
Net Receivables4.9M3.9M8.0M9.2M11.1M11.6M
Inventory11.1M16.8M20.8M18.3M20.3M21.3M
Short Long Term Debt Total3.3M647K1.4M12.7M25.1M26.3M
Non Current Liabilities Total9.0M9.9M12.6M9.3M24.0M25.2M
Common Stock56.1M74.7M82.7M83.5M165.1M90.2M
Other Liab28.7M7.0M9.7M12.3M11.1M12.3M
Net Tangible Assets70.5M108.4M141.5M161.3M185.5M194.8M
Property Plant Equipment97.4M113.7M133.2M157.8M181.4M93.7M
Net Invested Capital110.8M141.5M887K183.4M264.6M277.8M
Net Working Capital20.0M34.6M35.2M6.0M14.1M21.7M
Capital Stock56.1M74.7M82.7M83.5M165.1M94.8M

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