EUDA Cost Of Revenue vs Operating Income Analysis

EUDAW Stock   0.09  0.01  5.26%   
EUDA Health financial indicator trend analysis is much more than just examining EUDA Health Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EUDA Health Holdings is a good investment. Please check the relationship between EUDA Health Cost Of Revenue and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EUDA Health Holdings Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EUDA Health's Cost Of Revenue and Operating Income is -0.21. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of EUDA Health Holdings, assuming nothing else is changed. The correlation between historical values of EUDA Health's Cost Of Revenue and Operating Income 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 EUDA Health Holdings are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., EUDA Health's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on EUDA Health Holdings income statement and represents the costs associated with goods and services EUDA Health 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.

Operating Income

Operating Income is the amount of profit realized from EUDA Health Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of EUDA Health Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from EUDA Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EUDA Health Holdings 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, EUDA Health's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.21 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense127.1K120.1K23.2K22.1K
Depreciation And Amortization264.1K256.3K111.2K183.4K

EUDA Health fundamental ratios Correlations

0.440.820.80.09-0.490.44-0.090.35-0.42-0.09-0.42-0.12-0.25-0.62-0.65-0.060.250.94-0.380.80.39-0.10.450.990.11
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-0.490.45-0.1-0.04-0.750.45-0.68-0.59-0.47-0.19-0.47-0.21-0.580.09-0.230.90.66-0.270.94-0.04-0.860.810.43-0.460.66
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-0.09-0.92-0.61-0.640.98-0.68-0.920.770.840.690.840.720.990.10.78-0.87-0.82-0.41-0.84-0.640.88-0.71-0.91-0.18-1.0
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-0.42-0.83-0.78-0.820.74-0.47-0.840.840.330.321.00.370.890.620.95-0.76-0.96-0.62-0.52-0.820.56-0.81-0.82-0.45-0.86
-0.09-0.7-0.49-0.480.72-0.19-0.690.690.870.320.321.00.68-0.430.44-0.33-0.18-0.37-0.52-0.480.62-0.01-0.71-0.22-0.68
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-0.12-0.74-0.53-0.520.74-0.21-0.720.720.860.371.00.370.71-0.390.49-0.37-0.23-0.4-0.54-0.520.63-0.05-0.74-0.25-0.71
-0.25-0.96-0.73-0.750.94-0.58-0.960.990.690.890.680.890.710.210.87-0.83-0.84-0.55-0.75-0.750.79-0.69-0.95-0.33-0.99
-0.62-0.2-0.54-0.56-0.050.09-0.220.1-0.520.62-0.430.62-0.390.210.6-0.18-0.59-0.540.23-0.56-0.23-0.48-0.2-0.55-0.14
-0.65-0.88-0.94-0.960.65-0.23-0.890.780.290.950.440.950.490.870.6-0.61-0.83-0.83-0.35-0.960.4-0.59-0.88-0.69-0.8
-0.060.770.330.39-0.860.90.77-0.87-0.56-0.76-0.33-0.76-0.37-0.83-0.18-0.610.880.190.90.39-0.820.870.75-0.020.86
0.250.760.60.65-0.740.660.77-0.82-0.3-0.96-0.18-0.96-0.23-0.84-0.59-0.830.880.440.640.65-0.620.930.750.260.83
0.940.70.950.94-0.24-0.270.7-0.410.03-0.62-0.37-0.62-0.4-0.55-0.54-0.830.190.44-0.090.940.080.080.710.970.42
-0.380.650.10.14-0.910.940.65-0.84-0.81-0.52-0.52-0.52-0.54-0.750.23-0.350.90.64-0.090.14-0.960.70.63-0.310.82
0.80.821.01.0-0.49-0.040.83-0.64-0.19-0.82-0.48-0.82-0.52-0.75-0.56-0.960.390.650.940.14-0.20.330.830.850.66
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-0.10.530.270.33-0.70.810.54-0.71-0.31-0.81-0.01-0.81-0.05-0.69-0.48-0.590.870.930.080.70.33-0.690.51-0.10.72
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0.110.920.630.66-0.980.660.91-1.0-0.76-0.86-0.68-0.86-0.71-0.99-0.14-0.80.860.830.420.820.66-0.870.720.910.2
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EUDA Health Account Relationship Matchups

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When running EUDA Health's price analysis, check to measure EUDA Health'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 EUDA Health is operating at the current time. Most of EUDA Health's value examination focuses on studying past and present price action to predict the probability of EUDA Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EUDA Health's price. Additionally, you may evaluate how the addition of EUDA Health to your portfolios can decrease your overall portfolio volatility.