Ithaca Cost Of Revenue vs Total Operating Expenses Analysis

ITH Stock   139.80  1.60  1.13%   
Ithaca Energy financial indicator trend analysis is infinitely more than just investigating Ithaca Energy PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ithaca Energy PLC is a good investment. Please check the relationship between Ithaca Energy Cost Of Revenue and its Total Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ithaca Energy PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cost Of Revenue vs Total Operating Expenses

Cost Of Revenue vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ithaca Energy PLC Cost Of Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ithaca Energy's Cost Of Revenue and Total Operating Expenses is 0.48. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Ithaca Energy PLC, assuming nothing else is changed. The correlation between historical values of Ithaca Energy's Cost Of Revenue and Total Operating Expenses 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 Ithaca Energy PLC are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Ithaca Energy's Cost Of Revenue and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Ithaca Energy PLC income statement and represents the costs associated with goods and services Ithaca Energy 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Ithaca Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ithaca Energy PLC 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 Ithaca Energy PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 41.4 M, whereas Tax Provision is forecasted to decline to about 94.4 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.2B1.0B1.2B1.2B
Total Revenue2.6B2.3B2.7B2.8B

Ithaca Energy fundamental ratios Correlations

0.790.840.731.00.570.69-0.580.71.00.53-0.270.650.160.90.87-0.480.890.820.790.960.78-0.830.590.910.83
0.790.620.910.790.250.89-0.510.940.770.5-0.520.920.370.730.56-0.210.770.870.440.670.89-0.680.30.640.71
0.840.620.610.850.310.63-0.490.680.820.37-0.220.660.130.710.68-0.290.870.770.60.810.78-0.720.330.660.95
0.730.910.610.720.10.99-0.410.930.70.66-0.710.910.10.70.53-0.240.770.940.360.580.94-0.60.130.520.78
1.00.790.850.720.570.69-0.580.710.990.47-0.250.670.190.90.86-0.430.90.820.790.960.79-0.850.60.910.82
0.570.250.310.10.570.01-0.390.00.620.29-0.07-0.060.060.720.66-0.610.520.260.780.750.18-0.590.970.80.14
0.690.890.630.990.690.01-0.390.950.660.6-0.680.940.110.650.48-0.170.740.940.30.530.95-0.580.050.460.8
-0.58-0.51-0.49-0.41-0.58-0.39-0.39-0.43-0.6-0.110.27-0.410.17-0.69-0.630.18-0.69-0.49-0.69-0.61-0.370.75-0.51-0.67-0.53
0.70.940.680.930.710.00.95-0.430.660.46-0.541.00.340.60.45-0.10.740.880.260.540.93-0.570.060.460.81
1.00.770.820.70.990.620.66-0.60.660.53-0.260.610.130.910.89-0.510.890.80.820.970.75-0.840.630.930.8
0.530.50.370.660.470.290.6-0.110.460.53-0.520.41-0.060.490.5-0.640.50.550.220.470.58-0.180.140.360.46
-0.27-0.52-0.22-0.71-0.25-0.07-0.680.27-0.54-0.26-0.52-0.540.28-0.49-0.210.09-0.52-0.67-0.21-0.22-0.630.39-0.09-0.23-0.4
0.650.920.660.910.67-0.060.94-0.411.00.610.41-0.540.330.550.4-0.010.70.860.220.490.91-0.550.010.410.78
0.160.370.130.10.190.060.110.170.340.13-0.060.280.33-0.04-0.09-0.10.010.05-0.220.110.20.070.060.050.03
0.90.730.710.70.90.720.65-0.690.60.910.49-0.490.55-0.040.85-0.490.940.830.890.930.74-0.930.760.940.7
0.870.560.680.530.860.660.48-0.630.450.890.5-0.210.4-0.090.85-0.570.820.650.810.90.53-0.750.670.880.66
-0.48-0.21-0.29-0.24-0.43-0.61-0.170.18-0.1-0.51-0.640.09-0.01-0.1-0.49-0.57-0.42-0.25-0.37-0.55-0.230.22-0.51-0.51-0.27
0.890.770.870.770.90.520.74-0.690.740.890.5-0.520.70.010.940.82-0.420.90.770.890.84-0.90.570.840.87
0.820.870.770.940.820.260.94-0.490.880.80.55-0.670.860.050.830.65-0.250.90.560.730.97-0.790.310.670.87
0.790.440.60.360.790.780.3-0.690.260.820.22-0.210.22-0.220.890.81-0.370.770.560.880.43-0.90.830.940.52
0.960.670.810.580.960.750.53-0.610.540.970.47-0.220.490.110.930.9-0.550.890.730.880.67-0.860.760.960.73
0.780.890.780.940.790.180.95-0.370.930.750.58-0.630.910.20.740.53-0.230.840.970.430.67-0.680.210.570.86
-0.83-0.68-0.72-0.6-0.85-0.59-0.580.75-0.57-0.84-0.180.39-0.550.07-0.93-0.750.22-0.9-0.79-0.9-0.86-0.68-0.7-0.9-0.7
0.590.30.330.130.60.970.05-0.510.060.630.14-0.090.010.060.760.67-0.510.570.310.830.760.21-0.70.850.18
0.910.640.660.520.910.80.46-0.670.460.930.36-0.230.410.050.940.88-0.510.840.670.940.960.57-0.90.850.6
0.830.710.950.780.820.140.8-0.530.810.80.46-0.40.780.030.70.66-0.270.870.870.520.730.86-0.70.180.6
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Ithaca Energy Account Relationship Matchups

Ithaca Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.3B4.7B6.8B6.2B7.2B3.7B
Other Current Liab373.6M101.0M1.1B666.5M766.4M804.7M
Total Current Liabilities407.4M1.5B1.3B1.1B1.2B627.8M
Total Stockholder Equity542.5M676.5M2.5B2.4B2.8B3.0B
Property Plant And Equipment Net2.7B3.1B4.4B3.8B4.4B2.3B
Net Debt1.8B1.4B1.0B615.5M707.8M992.3M
Retained Earnings(250.5M)175.5M1.9B1.9B2.2B2.3B
Accounts Payable17.8M13.9M14.9M34.6M31.1M29.5M
Cash1.2M44.8M253.8M153.2M176.2M185.0M
Non Current Assets Total4.0B4.2B5.8B5.4B6.2B3.2B
Non Currrent Assets Other2.9M532K183.9M810.6M932.2M978.8M
Cash And Short Term Investments1.2M44.8M253.8M156.5M180.0M189.0M
Net Receivables92.8M18.9M556.4M20.0M23.0M21.8M
Inventory106.7M177.6M176.9M150.5M173.1M181.7M
Other Current Assets176.2M319.5M526.1M521.9M600.2M630.2M
Other Stockholder Equity793.0M634.7M293.7M537.8M618.4M336.1M
Total Liab3.7B4.1B4.3B3.8B4.4B2.5B
Total Current Assets284.1M560.9M988.7M845.6M972.4M1.0B
Short Long Term Debt Total1.8B1.4B1.3B768.7M884.0M1.1B
Liabilities And Stockholders Equity4.3B4.7B6.8B6.2B7.2B4.0B
Non Current Liabilities Total3.3B2.5B3.1B2.7B3.1B2.1B
Accumulated Other Comprehensive Income44.3M(133.7M)206.9M241.3M277.5M291.4M
Short Term Debt6.1M483.7M41.6M49.8M57.3M54.4M

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Other Information on Investing in Ithaca Stock

Balance Sheet is a snapshot of the financial position of Ithaca Energy PLC at a specified time, usually calculated after every quarter, six months, or one year. Ithaca Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ithaca Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ithaca currently owns. An asset can also be divided into two categories, current and non-current.