Phoenix Cost Of Revenue vs Gross Profit Analysis

PXC Stock   5.25  0.75  12.50%   
Phoenix Global financial indicator trend analysis is much more than just breaking down Phoenix Global Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix Global Mining is a good investment. Please check the relationship between Phoenix Global Cost Of Revenue and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoenix Global Mining. 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 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 Phoenix Global Mining Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Phoenix Global'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 Phoenix Global Mining, assuming nothing else is changed. The correlation between historical values of Phoenix Global'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 Phoenix Global Mining 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., Phoenix Global's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Phoenix Global Mining income statement and represents the costs associated with goods and services Phoenix Global 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 Phoenix Global Mining minus its cost of goods sold. It is profit before Phoenix Global 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 Phoenix Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix Global Mining 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 Phoenix Global Mining. 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 989.1 K, whereas Issuance Of Capital Stock is forecasted to decline to about 485.7 K.

Phoenix Global fundamental ratios Correlations

0.861.0-0.38-0.930.830.550.980.550.550.610.880.970.890.70.020.740.910.770.990.690.990.940.880.950.97
0.860.840.03-0.860.530.170.910.490.170.430.810.770.940.340.110.390.720.670.880.410.890.80.80.750.9
1.00.84-0.4-0.910.840.560.980.540.560.590.880.970.880.720.020.760.920.760.990.70.990.940.870.960.97
-0.380.03-0.40.18-0.73-0.98-0.22-0.21-0.98-0.29-0.02-0.39-0.09-0.920.03-0.51-0.44-0.25-0.33-0.57-0.3-0.32-0.3-0.49-0.2
-0.93-0.86-0.910.18-0.75-0.36-0.94-0.73-0.36-0.78-0.82-0.87-0.97-0.51-0.1-0.59-0.82-0.91-0.9-0.63-0.95-0.88-0.92-0.83-0.9
0.830.530.84-0.73-0.750.810.750.620.810.620.580.830.650.880.140.750.790.70.790.830.80.780.750.850.71
0.550.170.56-0.98-0.360.810.390.311.00.40.170.530.290.98-0.030.550.570.390.50.660.480.470.470.630.37
0.980.910.98-0.22-0.940.750.390.540.390.590.930.950.930.570.030.690.880.770.990.630.990.940.870.910.99
0.550.490.54-0.21-0.730.620.310.540.310.690.410.510.640.360.540.370.480.740.50.420.550.550.630.510.46
0.550.170.56-0.98-0.360.811.00.390.310.40.170.530.290.98-0.030.550.570.390.50.660.480.470.470.630.37
0.610.430.59-0.29-0.780.620.40.590.690.40.380.570.720.46-0.010.330.50.890.550.650.630.520.70.50.49
0.880.810.88-0.02-0.820.580.170.930.410.170.380.90.770.360.060.750.810.590.90.450.880.880.720.830.95
0.970.770.97-0.39-0.870.830.530.950.510.530.570.90.810.690.040.780.870.710.970.730.950.910.780.920.95
0.890.940.88-0.09-0.970.650.290.930.640.290.720.770.810.440.070.430.750.860.890.570.930.820.890.770.89
0.70.340.72-0.92-0.510.880.980.570.360.980.460.360.690.44-0.010.660.690.490.660.720.640.610.580.750.55
0.020.110.020.03-0.10.14-0.030.030.54-0.03-0.010.060.040.07-0.010.12-0.12-0.060.01-0.030.0-0.02-0.04-0.020.02
0.740.390.76-0.51-0.590.750.550.690.370.550.330.750.780.430.660.120.790.410.720.540.680.770.590.810.7
0.910.720.92-0.44-0.820.790.570.880.480.570.50.810.870.750.69-0.120.790.670.90.660.90.980.910.980.89
0.770.670.76-0.25-0.910.70.390.770.740.390.890.590.710.860.49-0.060.410.670.730.560.80.710.820.670.69
0.990.880.99-0.33-0.90.790.50.990.50.50.550.90.970.890.660.010.720.90.730.670.990.940.850.940.99
0.690.410.7-0.57-0.630.830.660.630.420.660.650.450.730.570.72-0.030.540.660.560.670.690.650.680.70.61
0.990.890.99-0.3-0.950.80.480.990.550.480.630.880.950.930.640.00.680.90.80.990.690.940.90.930.98
0.940.80.94-0.32-0.880.780.470.940.550.470.520.880.910.820.61-0.020.770.980.710.940.650.940.920.980.94
0.880.80.87-0.3-0.920.750.470.870.630.470.70.720.780.890.58-0.040.590.910.820.850.680.90.920.890.84
0.950.750.96-0.49-0.830.850.630.910.510.630.50.830.920.770.75-0.020.810.980.670.940.70.930.980.890.92
0.970.90.97-0.2-0.90.710.370.990.460.370.490.950.950.890.550.020.70.890.690.990.610.980.940.840.92
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Phoenix Global Account Relationship Matchups

Phoenix Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.4M16.3M39.9M39.7M40.5M42.5M
Total Current Liabilities282.9K1.7M1.1M1.1M2.7M2.8M
Total Stockholder Equity10.4M13.7M37.7M37.8M37.2M39.0M
Net Debt589.4K402.5K(13.0M)(4.7M)1.8M1.9M
Retained Earnings(5.2M)(5.5M)(5.8M)(7.1M)(8.2M)(7.8M)
Accounts Payable178.1K156.1K862.9K569.9K410.4K327.3K
Cash210.6K1.1M13.0M4.7M283.7K269.5K
Non Current Assets Total11.9M15.1M26.5M33.5M38.8M40.7M
Cash And Short Term Investments210.6K1.1M13.1M4.7M287.9K273.5K
Liabilities And Stockholders Equity12.4M16.3M39.9M39.7M40.5M42.5M
Non Current Liabilities Total767.4K757.7K1.6M1.0M657.7K706.2K
Other Current Assets267.9K122.3K365.8K1.5M1.4M1.5M
Other Stockholder Equity15.6M(18.6K)43.4M44.9M45.4M47.6M
Total Liab1.8M2.5M2.1M1.8M3.3M3.5M
Total Current Assets478.5K1.3M13.5M6.2M1.7M2.8M
Other Current Liab104.8K37.8K270.3K502.6K206.3K183.1K
Common Stock Shares Outstanding40.9M57.5M104.2M121.8M122.7M63.6M
Net Tangible Assets8.8M10.2M13.4M37.4M43.0M45.1M
Net Receivables243.9K68.8K365.8K181.1K208.2K184.2K
Property Plant Equipment9.9M11.7M14.8M26.1M30.0M31.5M
Property Plant And Equipment Net11.9M15.1M26.5M33.5M38.8M22.2M
Net Invested Capital11.2M15.3M37.7M37.8M39.2M24.6M
Property Plant And Equipment Gross11.9M15.1M26.5M33.5M38.5M40.4M
Net Working Capital195.6K(474.1K)12.3M5.1M(943.0K)(895.9K)
Common Stock13.4M15.6M19.3M43.5M50.0M52.5M

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Other Information on Investing in Phoenix Stock

Balance Sheet is a snapshot of the financial position of Phoenix Global Mining at a specified time, usually calculated after every quarter, six months, or one year. Phoenix Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Phoenix Global 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 Phoenix currently owns. An asset can also be divided into two categories, current and non-current.