Gen Cost Of Revenue vs Gross Profit Analysis
GIII Stock | CAD 0.34 0.02 6.25% |
Gen III financial indicator trend analysis is much more than just examining Gen III Oil latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gen III Oil is a good investment. Please check the relationship between Gen III Cost Of Revenue and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen III Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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 Gen III Oil Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Gen III's Cost Of Revenue and Gross Profit is -1.0. 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 Gen III Oil, assuming nothing else is changed. The correlation between historical values of Gen III'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 Gen III Oil 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., Gen III's Cost Of Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | -1.0 |
Relationship Direction | Negative |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Gen III Oil income statement and represents the costs associated with goods and services Gen III 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 Gen III Oil minus its cost of goods sold. It is profit before Gen III 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 Gen III's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gen III Oil 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen III Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Issuance Of Capital Stock is likely to climb to about 5.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.8 M in 2024.
Gen III fundamental ratios Correlations
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Gen III Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gen III fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.0M | 11.3M | 8.5M | 1.2M | 2.7M | 2.5M | |
Total Current Liabilities | 3.0M | 5.0M | 800.4K | 2.0M | 1.9M | 1.2M | |
Total Stockholder Equity | (2.1M) | (4.2M) | 7.3M | (971.1K) | (1.9M) | (1.8M) | |
Property Plant And Equipment Net | 9.7M | 9.7M | 439.8K | 303.6K | 190.0K | 180.5K | |
Net Debt | 11.5M | 13.0M | (7.2M) | (340.7K) | 773.7K | 812.3K | |
Retained Earnings | (91.0M) | (95.7M) | (100.5M) | (112.9M) | (118.6M) | (112.7M) | |
Accounts Payable | 680.5K | 319.4K | 165.9K | 514.5K | 279.1K | 491.8K | |
Cash | 732.7K | 1.4M | 7.7M | 718.4K | 2.1M | 3.8M | |
Non Current Assets Total | 10.0M | 9.7M | 482.0K | 341.9K | 257.6K | 244.7K | |
Cash And Short Term Investments | 756.6K | 1.4M | 7.7M | 718.4K | 2.3M | 3.8M | |
Net Receivables | 80.8K | 146.7K | 32.0K | 27.0K | 26.8K | 25.5K | |
Common Stock Shares Outstanding | 73.9M | 84.8M | 105.6M | 113.8M | 117.6M | 123.5M | |
Liabilities And Stockholders Equity | 11.0M | 11.3M | 8.5M | 1.2M | 2.7M | 2.5M | |
Other Current Assets | 124.9K | 73.8K | 258.1K | 144.5K | 134.3K | 132.1K | |
Other Stockholder Equity | 8.9M | 9.2M | 11.8M | 13.2M | 15.3M | 21.4M | |
Total Liab | 13.1M | 15.5M | 1.2M | 2.2M | 4.6M | 2.5M | |
Total Current Assets | 962.3K | 1.6M | 8.0M | 889.9K | 2.4M | 3.9M | |
Non Currrent Assets Other | 65.7K | 35.1K | 318.2K | (1.0) | (1.15) | (1.09) | |
Other Current Liab | 211K | 1.1M | 710.6K | 1.3M | 1.4M | 758.7K | |
Non Current Liabilities Total | 10.0M | 10.5M | 406.6K | 212.0K | 2.7M | 2.9M | |
Net Tangible Assets | 510.6K | (2.1M) | (4.2M) | 7.3M | 6.6M | 6.9M | |
Common Stock | 80.0M | 82.3M | 95.9M | 98.7M | 101.3M | 86.5M | |
Net Invested Capital | (2.1M) | (4.1M) | 7.3M | (971.1K) | 632.3K | 781.4K | |
Net Working Capital | (2.1M) | (3.4M) | 7.2M | (1.1M) | 547.3K | 836.5K | |
Capital Stock | 80.0M | 82.3M | 95.9M | 98.7M | 101.3M | 98.1M |
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Additional Tools for Gen Stock Analysis
When running Gen III's price analysis, check to measure Gen III'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 Gen III is operating at the current time. Most of Gen III's value examination focuses on studying past and present price action to predict the probability of Gen III's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gen III's price. Additionally, you may evaluate how the addition of Gen III to your portfolios can decrease your overall portfolio volatility.