Keynote Depreciation And Amortization vs Cost Of Revenue Analysis
| KEYFINSERV | 248.86 2.42 0.96% |
Keynote Financial financial indicator trend analysis is infinitely more than just investigating Keynote Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keynote Financial is a good investment. Please check the relationship between Keynote Financial Depreciation And Amortization and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keynote Financial Services. 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.
Depreciation And Amortization vs Cost Of Revenue
Depreciation And Amortization vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keynote Financial Depreciation And Amortization account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Keynote Financial's Depreciation And Amortization and Cost Of Revenue is -0.11. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Keynote Financial Services, assuming nothing else is changed. The correlation between historical values of Keynote Financial's Depreciation And Amortization 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 Depreciation And Amortization of Keynote Financial Services 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 Depreciation And Amortization i.e., Keynote Financial's Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.11 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Cost Of Revenue
Cost of Revenue is found on Keynote Financial income statement and represents the costs associated with goods and services Keynote Financial 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 Keynote Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keynote Financial 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keynote Financial Services. 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. Selling General Administrative is likely to gain to about 62.7 M in 2024. Tax Provision is likely to gain to about 80.7 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 123.5M | 85.4M | 427.2M | 448.5M | Total Revenue | 174.5M | 140.7M | 493.3M | 517.9M |
Keynote Financial fundamental ratios Correlations
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Keynote Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Keynote Financial's price analysis, check to measure Keynote Financial'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 Keynote Financial is operating at the current time. Most of Keynote Financial's value examination focuses on studying past and present price action to predict the probability of Keynote Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keynote Financial's price. Additionally, you may evaluate how the addition of Keynote Financial to your portfolios can decrease your overall portfolio volatility.