Sanginita Chemicals financial indicator trend analysis is much more than just breaking down Sanginita Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanginita Chemicals is a good investment. Please check the relationship between Sanginita Chemicals Gross Profit and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanginita Chemicals Limited. 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.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanginita Chemicals Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Sanginita Chemicals' Gross Profit and Cost Of Revenue is 0.04. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Sanginita Chemicals Limited, assuming nothing else is changed. The correlation between historical values of Sanginita Chemicals' Gross Profit 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 Gross Profit of Sanginita Chemicals Limited 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 Gross Profit i.e., Sanginita Chemicals' Gross Profit and Cost Of Revenue go up and down completely randomly.
Gross profit is a required income statement account that reflects total revenue of Sanginita Chemicals Limited minus its cost of goods sold. It is profit before Sanginita Chemicals 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.
Cost Of Revenue
Cost of Revenue is found on Sanginita Chemicals income statement and represents the costs associated with goods and services Sanginita Chemicals 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 Sanginita Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanginita Chemicals 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sanginita Chemicals Limited. 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Balance Sheet is a snapshot of the financial position of Sanginita Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Sanginita Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sanginita Chemicals 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 Sanginita currently owns. An asset can also be divided into two categories, current and non-current.