Phoenix Cost Of Revenue vs Income Before Tax Analysis

PXC Stock   5.00  0.25  5.26%   
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 Income Before Tax 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 Income Before Tax

Cost Of Revenue vs Income Before Tax 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 Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Phoenix Global's Cost Of Revenue and Income Before Tax is -0.45. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax 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 Income Before Tax 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 Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Phoenix Global's Cost Of Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Phoenix Global income statement and is an important metric when analyzing Phoenix Global Mining profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 437.2 K.

Phoenix Global fundamental ratios Correlations

0.891.0-0.24-0.920.820.430.990.550.430.590.910.980.920.620.020.720.980.771.00.670.990.980.880.940.99
0.890.880.13-0.840.550.090.940.490.090.430.870.830.950.290.090.420.90.670.880.410.890.940.80.790.91
1.00.88-0.26-0.910.820.450.980.540.450.580.910.980.910.630.020.740.980.761.00.670.990.980.870.940.99
-0.240.13-0.260.13-0.65-0.97-0.08-0.17-0.97-0.260.08-0.240.02-0.910.03-0.45-0.16-0.2-0.25-0.54-0.23-0.06-0.23-0.32-0.13
-0.92-0.84-0.910.13-0.78-0.33-0.92-0.75-0.33-0.78-0.82-0.87-0.94-0.49-0.08-0.62-0.87-0.91-0.9-0.63-0.94-0.88-0.93-0.85-0.89
0.820.550.82-0.65-0.780.760.730.650.760.630.590.810.650.850.130.760.730.730.810.840.820.70.780.830.74
0.430.090.45-0.97-0.330.760.280.291.00.390.10.410.20.97-0.030.520.350.360.440.640.430.260.420.490.32
0.990.940.98-0.08-0.920.730.280.540.280.570.950.960.950.490.020.670.980.760.980.60.980.990.860.910.99
0.550.490.54-0.17-0.750.650.290.540.290.70.430.520.620.350.530.40.440.750.520.430.570.470.650.540.49
0.430.090.45-0.97-0.330.761.00.280.290.390.10.410.20.97-0.030.520.350.360.440.640.430.260.420.490.32
0.590.430.58-0.26-0.780.630.390.570.70.390.40.560.680.46-0.020.350.490.90.560.660.650.480.710.50.51
0.910.870.910.08-0.820.590.10.950.430.10.40.920.840.310.050.720.940.610.920.450.890.960.740.850.96
0.980.830.98-0.24-0.870.810.410.960.520.410.560.920.860.60.030.760.960.720.980.70.960.960.80.920.97
0.920.950.910.02-0.940.650.20.950.620.20.680.840.860.380.060.460.890.840.90.550.940.920.880.810.91
0.620.290.63-0.91-0.490.850.970.490.350.970.460.310.60.38-0.010.640.550.480.630.710.610.460.550.650.52
0.020.090.020.03-0.080.13-0.030.020.53-0.03-0.020.050.030.06-0.010.11-0.06-0.060.0-0.03-0.010.01-0.04-0.030.01
0.720.420.74-0.45-0.620.760.520.670.40.520.350.720.760.460.640.110.710.450.740.560.70.680.630.790.73
0.980.90.98-0.16-0.870.730.350.980.440.350.490.940.960.890.55-0.060.710.680.990.610.970.990.850.930.99
0.770.670.76-0.2-0.910.730.360.760.750.360.90.610.720.840.48-0.060.450.680.740.570.810.680.830.690.7
1.00.881.0-0.25-0.90.810.440.980.520.440.560.920.980.90.630.00.740.990.740.660.990.980.870.940.99
0.670.410.67-0.54-0.630.840.640.60.430.640.660.450.70.550.71-0.030.560.610.570.660.680.570.680.670.61
0.990.890.99-0.23-0.940.820.430.980.570.430.650.890.960.940.61-0.010.70.970.810.990.680.970.910.930.98
0.980.940.98-0.06-0.880.70.260.990.470.260.480.960.960.920.460.010.680.990.680.980.570.970.830.911.0
0.880.80.87-0.23-0.930.780.420.860.650.420.710.740.80.880.55-0.040.630.850.830.870.680.910.830.90.86
0.940.790.94-0.32-0.850.830.490.910.540.490.50.850.920.810.65-0.030.790.930.690.940.670.930.910.90.93
0.990.910.99-0.13-0.890.740.320.990.490.320.510.960.970.910.520.010.730.990.70.990.610.981.00.860.93
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Phoenix Global Account Relationship Matchups

Phoenix Global fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets16.3M39.9M39.7M40.5M46.6M48.9M
Total Current Liabilities1.7M1.1M1.1M2.7M3.1M3.2M
Total Stockholder Equity13.7M37.7M37.8M37.2M42.7M44.9M
Net Debt402.5K(13.0M)(4.7M)1.8M1.6M1.7M
Retained Earnings(5.5M)(5.8M)(7.1M)(8.2M)(7.4M)(7.0M)
Accounts Payable156.1K862.9K569.9K410.4K472.0K327.2K
Cash1.1M13.0M4.7M283.7K326.3K310.0K
Non Current Assets Total15.1M26.5M33.5M38.8M44.6M46.8M
Cash And Short Term Investments1.1M13.1M4.7M287.9K331.1K314.5K
Liabilities And Stockholders Equity16.3M39.9M39.7M40.5M46.6M48.9M
Other Current Assets122.3K365.8K1.5M1.4M1.6M1.7M
Other Stockholder Equity(18.6K)43.4M44.9M45.4M52.2M54.8M
Total Liab2.5M2.1M1.8M3.3M3.8M4.0M
Total Current Assets1.3M13.5M6.2M1.7M2.0M2.8M
Other Current Liab37.8K270.3K502.6K206.3K237.2K183.1K
Common Stock Shares Outstanding57.5M104.2M121.8M122.7M141.1M148.1M
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 Net15.1M26.5M33.5M38.8M44.6M46.8M
Net Invested Capital15.3M37.7M37.8M39.2M45.1M24.6M
Property Plant And Equipment Gross11.9M15.1M26.5M33.5M38.5M40.4M
Net Working Capital(474.1K)12.3M5.1M(943.0K)(1.1M)(1.0M)
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.