CVRx Current Deferred Revenue vs Cost Of Revenue Analysis

CVRX Stock  USD 13.22  0.06  0.46%   
CVRx financial indicator trend analysis is way more than just evaluating CVRx Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVRx Inc is a good investment. Please check the relationship between CVRx Current Deferred Revenue and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVRx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Current Deferred Revenue vs Cost Of Revenue

Current Deferred Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVRx Inc Current Deferred Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between CVRx's Current Deferred Revenue and Cost Of Revenue is 0.74. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of CVRx Inc, assuming nothing else is changed. The correlation between historical values of CVRx's Current Deferred 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 Current Deferred Revenue of CVRx Inc 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 Current Deferred Revenue i.e., CVRx's Current Deferred Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cost Of Revenue

Cost of Revenue is found on CVRx Inc income statement and represents the costs associated with goods and services CVRx 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 CVRx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CVRx Inc 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 CVRx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, CVRx's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 95.9 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 32 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit17.5M33.0M43.0M45.1M
Total Revenue22.5M39.3M51.3M53.9M

CVRx fundamental ratios Correlations

0.21-0.84-0.220.970.860.970.87-0.93-0.810.750.990.870.630.620.180.990.830.950.83-0.950.80.950.99-0.950.97
0.210.140.760.20.510.270.580.14-0.590.660.130.580.80.81.00.130.630.340.58-0.180.66-0.050.29-0.170.25
-0.840.140.55-0.86-0.59-0.84-0.620.870.65-0.44-0.86-0.62-0.27-0.250.17-0.86-0.55-0.82-0.620.83-0.54-0.9-0.810.83-0.85
-0.220.760.55-0.190.16-0.130.170.52-0.270.39-0.30.170.610.610.78-0.30.27-0.040.260.20.27-0.41-0.140.2-0.13
0.970.2-0.86-0.190.791.00.88-0.89-0.840.780.960.880.630.620.170.960.840.980.85-0.990.810.960.97-0.991.0
0.860.51-0.590.160.790.820.91-0.67-0.860.890.820.910.780.790.490.820.910.840.82-0.760.910.690.91-0.760.81
0.970.27-0.84-0.131.00.820.91-0.86-0.880.810.950.910.680.670.240.950.870.990.89-0.980.840.940.97-0.981.0
0.870.58-0.620.170.880.910.91-0.66-0.910.960.821.00.810.820.560.820.990.920.88-0.880.990.750.93-0.880.9
-0.930.140.870.52-0.89-0.67-0.86-0.660.57-0.49-0.96-0.66-0.33-0.330.16-0.96-0.59-0.82-0.620.88-0.55-0.97-0.880.88-0.87
-0.81-0.590.65-0.27-0.84-0.86-0.88-0.910.57-0.88-0.76-0.91-0.89-0.88-0.57-0.76-0.91-0.92-0.980.8-0.9-0.68-0.850.79-0.88
0.750.66-0.440.390.780.890.810.96-0.49-0.880.680.960.870.870.630.680.990.840.84-0.780.980.60.83-0.780.8
0.990.13-0.86-0.30.960.820.950.82-0.96-0.760.680.820.560.560.11.00.760.930.8-0.930.730.970.97-0.930.95
0.870.58-0.620.170.880.910.911.0-0.66-0.910.960.820.810.820.560.820.990.920.88-0.880.990.750.93-0.880.9
0.630.8-0.270.610.630.780.680.81-0.33-0.890.870.560.811.00.790.560.840.740.92-0.590.830.430.66-0.580.67
0.620.8-0.250.610.620.790.670.82-0.33-0.880.870.560.821.00.80.560.850.740.91-0.590.830.420.66-0.590.67
0.181.00.170.780.170.490.240.560.16-0.570.630.10.560.790.80.10.60.310.56-0.150.64-0.080.26-0.140.23
0.990.13-0.86-0.30.960.820.950.82-0.96-0.760.681.00.820.560.560.10.760.930.8-0.930.730.970.97-0.930.95
0.830.63-0.550.270.840.910.870.99-0.59-0.910.990.760.990.840.850.60.760.890.87-0.840.990.690.89-0.840.86
0.950.34-0.82-0.040.980.840.990.92-0.82-0.920.840.930.920.740.740.310.930.890.93-0.960.870.90.96-0.960.99
0.830.58-0.620.260.850.820.890.88-0.62-0.980.840.80.880.920.910.560.80.870.93-0.80.850.710.84-0.80.88
-0.95-0.180.830.2-0.99-0.76-0.98-0.880.880.8-0.78-0.93-0.88-0.59-0.59-0.15-0.93-0.84-0.96-0.8-0.81-0.96-0.951.0-0.98
0.80.66-0.540.270.810.910.840.99-0.55-0.90.980.730.990.830.830.640.730.990.870.85-0.810.650.88-0.80.84
0.95-0.05-0.9-0.410.960.690.940.75-0.97-0.680.60.970.750.430.42-0.080.970.690.90.71-0.960.650.92-0.960.94
0.990.29-0.81-0.140.970.910.970.93-0.88-0.850.830.970.930.660.660.260.970.890.960.84-0.950.880.92-0.950.97
-0.95-0.170.830.2-0.99-0.76-0.98-0.880.880.79-0.78-0.93-0.88-0.58-0.59-0.14-0.93-0.84-0.96-0.81.0-0.8-0.96-0.95-0.98
0.970.25-0.85-0.131.00.811.00.9-0.87-0.880.80.950.90.670.670.230.950.860.990.88-0.980.840.940.97-0.98
Click cells to compare fundamentals

CVRx Account Relationship Matchups

CVRx fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets64.8M152.5M124.9M115.2M133.4M113.7M
Other Current Liab7.5M5.0M6.0M5.6M8.0M5.4M
Total Current Liabilities8.0M5.9M8.1M7.9M10.8M9.0M
Total Stockholder Equity(293.2M)146.0M109.2M75.9M71.1M74.6M
Property Plant And Equipment Net410K1.4M2.0M3.1M3.6M2.0M
Net Debt(39.8M)(142.1M)(99.1M)(60.0M)(55.8M)(58.6M)
Retained Earnings(351.7M)(394.8M)(436.2M)(477.4M)(537.3M)(564.2M)
Accounts Payable483K510K1.7M1.9M2.6M1.4M
Cash59.1M142.1M106.2M90.6M105.9M97.1M
Non Current Assets Total436K1.5M2.1M3.1M3.6M2.0M
Cash And Short Term Investments59.1M142.1M106.2M90.6M105.9M97.1M
Net Receivables1.3M2.6M5.5M7.6M9.3M4.9M
Liabilities And Stockholders Equity64.8M152.5M124.9M115.2M133.4M113.7M
Non Current Liabilities Total350.0M681K7.7M31.4M51.6M98.8M
Inventory3.3M3.9M7.0M11.0M12.1M7.2M
Other Current Assets605K5.2M4.2M3.0M2.5M2.9M
Other Stockholder Equity58.6M540.7M545.4M553.3M608.4M382.3M
Total Liab358.0M6.6M15.8M39.3M62.4M105.4M
Net Invested Capital(274.0M)146.0M115.9M105.2M120.3M126.3M
Property Plant And Equipment Gross410K3.3M2.0M5.9M7.0M7.3M
Total Current Assets64.3M151.1M122.9M112.1M129.8M111.7M
Capital Stock4K204K207K209K253K161.7K
Non Current Liabilities Other777K681K922K1.0M1.4M994.4K
Net Working Capital56.4M145.2M114.8M104.2M119.1M102.7M
Common Stock4K204K207K209K253K161.7K

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