EUDA Total Revenue vs Cost Of Revenue 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 Total Revenue and its Cost Of Revenue 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.
Total Revenue vs Cost Of Revenue
Total Revenue vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EUDA Health Holdings Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between EUDA Health's Total Revenue and Cost Of Revenue is 0.93. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue 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 Total 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 Total Revenue of EUDA Health Holdings 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 Total Revenue i.e., EUDA Health's Total Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts EUDA Health Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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.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 Expense | 127.1K | 120.1K | 23.2K | 22.1K | Depreciation And Amortization | 264.1K | 256.3K | 111.2K | 183.4K |
EUDA Health fundamental ratios Correlations
Click cells to compare fundamentals
EUDA Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.