SILLYMONKS | | | 21.54 0.13 0.61% |
Silly Monks financial indicator trend analysis is much more than just breaking down Silly Monks Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silly Monks Entertainment is a good investment. Please check the relationship between Silly Monks Cost Of Revenue and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Silly Monks Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Cost Of Revenue vs Net Income
Cost Of Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Silly Monks Entertainment Cost Of Revenue account and
Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Silly Monks' Cost Of Revenue and Net Income is -0.39. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Silly Monks Entertainment, assuming nothing else is changed. The correlation between historical values of Silly Monks' Cost Of Revenue and Net Income 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 Silly Monks Entertainment are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Silly Monks' Cost Of Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Silly Monks Entertainment income statement and represents the costs associated with goods and services Silly Monks 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Silly Monks Entertainment financial statement analysis. It represents the amount of money remaining after all of Silly Monks Entertainment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Silly Monks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silly Monks Entertainment 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 Silly Monks Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
As of the 29th of November 2024,
Tax Provision is likely to grow to about 1
M, while
Selling General Administrative is likely to drop about 3.1
M.
Silly Monks fundamental ratios Correlations
Click cells to compare fundamentals
Silly Monks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silly Monks fundamental ratios Accounts
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Other Information on Investing in Silly Stock
Balance Sheet is a snapshot of the
financial position of Silly Monks Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Silly Monks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Silly Monks 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 Silly currently owns. An asset can also be divided into two categories, current and non-current.