Creative Net Income vs Cost Of Revenue Analysis
Creative Edge financial indicator trend analysis is way more than just evaluating Creative Edge Nutrit prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creative Edge Nutrit is a good investment. Please check the relationship between Creative Edge Net Income and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Creative Edge Nutrit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Net Income vs Cost Of Revenue
Net Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creative Edge Nutrit Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Creative Edge's Net Income and Cost Of Revenue is 0.58. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Creative Edge Nutrit, assuming nothing else is changed. The correlation between historical values of Creative Edge's Net Income 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 Net Income of Creative Edge Nutrit 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 Net Income i.e., Creative Edge's Net Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.58 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Creative Edge Nutrit financial statement analysis. It represents the amount of money remaining after all of Creative Edge Nutrit operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cost Of Revenue
Cost of Revenue is found on Creative Edge Nutrit income statement and represents the costs associated with goods and services Creative Edge 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 Creative Edge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creative Edge Nutrit 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, which includes a position in Creative Edge Nutrit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Enterprise Value is likely to rise to about 15.4 M in 2024, whereas Discontinued Operations is likely to drop 4,650 in 2024.
| 2013 | 2014 | 2023 | 2024 (projected) | Gross Profit | 470.2K | 18.7K | 21.5K | 20.4K | Total Revenue | 834.6K | 92.3K | 106.1K | 100.8K |
Creative Edge fundamental ratios Correlations
Click cells to compare fundamentals
Creative Edge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Creative Stock Analysis
When running Creative Edge's price analysis, check to measure Creative Edge'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 Creative Edge is operating at the current time. Most of Creative Edge's value examination focuses on studying past and present price action to predict the probability of Creative Edge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Edge's price. Additionally, you may evaluate how the addition of Creative Edge to your portfolios can decrease your overall portfolio volatility.