ORC-A Stock | | | CAD 61.00 0.00 0.00% |
Orca Energy financial indicator trend analysis is much more than just breaking down Orca Energy Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orca Energy Group is a good investment. Please check the relationship between Orca Energy Total Other Income Expense Net and its Cost Of Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orca Energy Group. 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 Other Income Expense Net vs Cost Of Revenue
Total Other Income Expense Net vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Orca Energy Group Total Other Income Expense Net account and
Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Orca Energy's Total Other Income Expense Net and Cost Of Revenue is -0.8. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Orca Energy Group, assuming nothing else is changed. The correlation between historical values of Orca Energy's Total Other Income Expense Net 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 Other Income Expense Net of Orca Energy Group 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 Other Income Expense Net i.e., Orca Energy's Total Other Income Expense Net and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Other Income Expense Net
Cost Of Revenue
Cost of Revenue is found on Orca Energy Group income statement and represents the costs associated with goods and services Orca 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.
Most indicators from Orca Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orca Energy Group 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orca Energy Group. 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.
Tax Provision is likely to drop to about 17.7
M in 2024.
Selling General Administrative is likely to drop to about 12.9
M in 2024
Orca Energy fundamental ratios Correlations
Click cells to compare fundamentals
Orca Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orca Energy fundamental ratios Accounts
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Additional Tools for Orca Stock Analysis
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measure Orca Energy'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 Orca Energy is operating at the current time. Most of Orca Energy's value examination focuses on studying past and present price action to
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