Tracsis Cost Of Revenue vs Gross Profit Analysis

TRCS Stock

505.00 5.00 0.98%

Tracsis Plc financial indicator trend analysis is much more than just breaking down Tracsis Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tracsis Plc is a good investment. Please check the relationship between Tracsis Plc Cost Of Revenue and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tracsis Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 Tracsis Plc Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have totally related.

The correlation between Tracsis Plc's Cost Of Revenue and Gross Profit is 0.99. 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 Tracsis Plc, assuming nothing else is changed. The correlation between historical values of Tracsis Plc'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 Tracsis Plc 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., Tracsis Plc's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cost Of Revenue

Cost of Revenue is found on Tracsis Plc income statement and represents the costs associated with goods and services Tracsis Plc 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 Tracsis Plc minus its cost of goods sold. It is profit before Tracsis Plc 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 Tracsis Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tracsis Plc 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 Tracsis Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 54.4 M in 2025, despite the fact that Discontinued Operations is likely to grow to (165 K).

	2022	2023	2024	2025 (projected)
Gross Profit	44.4M	46.0M	52.9M	55.6M
Total Revenue	82.0M	81.0M	93.2M	97.8M

Gross Profit Total Revenue

Tracsis Plc fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Property Plant And Equipment Net	Other Stockholder Equity	Property Plant And Equipment Gross	Property Plant Equipment	Common Stock Total Equity	Common Stock	Good Will	Intangible Assets
Total Assets		0.87	0.98	0.99	-0.7	1.0	0.88	0.71	0.99	-0.17	-0.33	0.71	0.92	0.74	0.74	0.71	0.98	0.97	0.97	0.63	0.89	0.97	0.77	0.83	0.93	0.82
Other Current Liab	0.87		0.88	0.87	-0.58	0.86	0.81	0.57	0.81	-0.12	-0.41	0.57	0.87	0.6	0.47	0.88	0.84	0.91	0.87	0.62	0.85	0.86	0.64	0.71	0.84	0.58
Total Current Liabilities	0.98	0.88		0.96	-0.63	0.97	0.88	0.65	0.96	-0.31	-0.43	0.65	0.94	0.7	0.67	0.71	0.98	0.95	0.96	0.6	0.91	0.96	0.72	0.79	0.94	0.82
Total Stockholder Equity	0.99	0.87	0.96		-0.69	0.99	0.91	0.7	0.97	-0.09	-0.34	0.7	0.93	0.74	0.68	0.74	0.95	0.98	0.97	0.7	0.91	0.97	0.77	0.83	0.93	0.77
Net Debt	-0.7	-0.58	-0.63	-0.69		-0.69	-0.43	-0.95	-0.64	0.0	-0.29	-0.95	-0.46	-0.71	-0.69	-0.27	-0.69	-0.74	-0.55	-0.33	-0.39	-0.55	-0.74	-0.71	-0.42	-0.64
Retained Earnings	1.0	0.86	0.97	0.99	-0.69		0.88	0.7	0.98	-0.14	-0.36	0.7	0.92	0.72	0.72	0.72	0.97	0.96	0.96	0.63	0.9	0.96	0.75	0.81	0.94	0.81
Accounts Payable	0.88	0.81	0.88	0.91	-0.43	0.88		0.44	0.84	-0.01	-0.57	0.44	0.99	0.61	0.38	0.83	0.81	0.91	0.93	0.84	0.95	0.93	0.63	0.72	0.92	0.52
Cash	0.71	0.57	0.65	0.7	-0.95	0.7	0.44		0.67	-0.07	0.23	1.0	0.48	0.83	0.76	0.26	0.72	0.73	0.58	0.31	0.43	0.58	0.83	0.8	0.47	0.73
Non Current Assets Total	0.99	0.81	0.96	0.97	-0.64	0.98	0.84	0.67		-0.23	-0.34	0.67	0.88	0.71	0.79	0.65	0.99	0.92	0.95	0.56	0.87	0.95	0.74	0.79	0.93	0.88
Non Currrent Assets Other	-0.17	-0.12	-0.31	-0.09	0.0	-0.14	-0.01	-0.07	-0.23		0.14	-0.07	-0.11	-0.13	-0.24	0.12	-0.3	-0.05	-0.17	0.21	-0.14	-0.18	-0.11	-0.11	-0.21	-0.48
Other Assets	-0.33	-0.41	-0.43	-0.34	-0.29	-0.36	-0.57	0.23	-0.34	0.14		0.23	-0.58	0.13	0.11	-0.59	-0.3	-0.31	-0.41	-0.27	-0.65	-0.41	0.15	0.02	-0.61	-0.13
Cash And Short Term Investments	0.71	0.57	0.65	0.7	-0.95	0.7	0.44	1.0	0.67	-0.07	0.23		0.48	0.83	0.76	0.26	0.72	0.73	0.58	0.31	0.43	0.58	0.83	0.8	0.47	0.73
Net Receivables	0.92	0.87	0.94	0.93	-0.46	0.92	0.99	0.48	0.88	-0.11	-0.58	0.48		0.62	0.45	0.84	0.87	0.93	0.96	0.77	0.98	0.96	0.65	0.74	0.96	0.6
Common Stock Shares Outstanding	0.74	0.6	0.7	0.74	-0.71	0.72	0.61	0.83	0.71	-0.13	0.13	0.83	0.62		0.67	0.4	0.72	0.74	0.73	0.57	0.57	0.73	0.99	0.98	0.58	0.69
Non Current Liabilities Total	0.74	0.47	0.67	0.68	-0.69	0.72	0.38	0.76	0.79	-0.24	0.11	0.76	0.45	0.67		0.19	0.81	0.6	0.62	0.09	0.44	0.62	0.66	0.65	0.56	0.92
Other Current Assets	0.71	0.88	0.71	0.74	-0.27	0.72	0.83	0.26	0.65	0.12	-0.59	0.26	0.84	0.4	0.19		0.62	0.77	0.78	0.73	0.84	0.77	0.44	0.54	0.8	0.28
Total Liab	0.98	0.84	0.98	0.95	-0.69	0.97	0.81	0.72	0.99	-0.3	-0.3	0.72	0.87	0.72	0.81	0.62		0.92	0.93	0.5	0.84	0.94	0.75	0.79	0.9	0.89
Total Current Assets	0.97	0.91	0.95	0.98	-0.74	0.96	0.91	0.73	0.92	-0.05	-0.31	0.73	0.93	0.74	0.6	0.77	0.92		0.94	0.72	0.89	0.94	0.78	0.84	0.89	0.69
Property Plant And Equipment Net	0.97	0.87	0.96	0.97	-0.55	0.96	0.93	0.58	0.95	-0.17	-0.41	0.58	0.96	0.73	0.62	0.78	0.93	0.94		0.73	0.94	1.0	0.75	0.82	0.95	0.73
Other Stockholder Equity	0.63	0.62	0.6	0.7	-0.33	0.63	0.84	0.31	0.56	0.21	-0.27	0.31	0.77	0.57	0.09	0.73	0.5	0.72	0.73		0.68	0.73	0.61	0.67	0.64	0.19
Property Plant And Equipment Gross	0.89	0.85	0.91	0.91	-0.39	0.9	0.95	0.43	0.87	-0.14	-0.65	0.43	0.98	0.57	0.44	0.84	0.84	0.89	0.94	0.68		0.94	0.59	0.68	0.98	0.6
Property Plant Equipment	0.97	0.86	0.96	0.97	-0.55	0.96	0.93	0.58	0.95	-0.18	-0.41	0.58	0.96	0.73	0.62	0.77	0.94	0.94	1.0	0.73	0.94		0.76	0.82	0.95	0.74
Common Stock Total Equity	0.77	0.64	0.72	0.77	-0.74	0.75	0.63	0.83	0.74	-0.11	0.15	0.83	0.65	0.99	0.66	0.44	0.75	0.78	0.75	0.61	0.59	0.76		0.99	0.6	0.68
Common Stock	0.83	0.71	0.79	0.83	-0.71	0.81	0.72	0.8	0.79	-0.11	0.02	0.8	0.74	0.98	0.65	0.54	0.79	0.84	0.82	0.67	0.68	0.82	0.99		0.69	0.69
Good Will	0.93	0.84	0.94	0.93	-0.42	0.94	0.92	0.47	0.93	-0.21	-0.61	0.47	0.96	0.58	0.56	0.8	0.9	0.89	0.95	0.64	0.98	0.95	0.6	0.69		0.72
Intangible Assets	0.82	0.58	0.82	0.77	-0.64	0.81	0.52	0.73	0.88	-0.48	-0.13	0.73	0.6	0.69	0.92	0.28	0.89	0.69	0.73	0.19	0.6	0.74	0.68	0.69	0.72

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Tracsis Plc Account Relationship Matchups

Tracsis Plc fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	93.5M	105.6M	100.9M	102.8M	118.2M	124.1M
Other Current Liab	12.7M	14.8M	4.5M	18.4M	21.1M	22.2M
Total Current Liabilities	23.4M	34.3M	24.9M	26.8M	30.8M	32.3M
Total Stockholder Equity	56.7M	60.4M	67.8M	68.2M	78.4M	82.3M
Net Debt	(23.3M)	(14.4M)	(13.2M)	(17.9M)	(16.1M)	(16.9M)
Retained Earnings	50.2M	53.6M	54.9M	55.6M	63.9M	67.1M
Accounts Payable	1.2M	2.3M	3.4M	3.0M	3.4M	3.6M
Cash	25.4M	17.2M	15.3M	19.8M	22.7M	12.0M
Non Current Assets Total	56.5M	68.9M	63.1M	59.0M	67.8M	71.2M
Non Currrent Assets Other	(11.2M)	(12.2M)	(68.4M)	(1.0)	(0.9)	(0.94)
Other Assets	917K	877K	551K	1.0	1.15	1.09
Cash And Short Term Investments	25.4M	17.2M	15.3M	19.8M	22.7M	12.0M
Net Receivables	6.4M	11.3M	18.5M	21.0M	24.1M	25.4M
Common Stock Shares Outstanding	30.1M	30.3M	30.5M	30.6M	35.2M	26.5M
Liabilities And Stockholders Equity	93.5M	105.6M	100.9M	102.8M	118.2M	124.1M
Non Current Liabilities Total	13.5M	10.9M	8.3M	7.9M	9.0M	5.6M
Other Current Assets	2.3M	6.0M	3.7M	22.5M	25.9M	27.2M
Total Liab	36.9M	45.1M	33.1M	34.6M	39.8M	41.8M
Total Current Assets	37.0M	36.7M	37.8M	43.8M	50.4M	52.9M
Property Plant And Equipment Net	3.5M	4.9M	4.8M	5.0M	5.7M	6.0M
Other Stockholder Equity	876K	6.4M	12.8M	12.5M	14.4M	15.1M
Property Plant And Equipment Gross	3.6M	9.4M	12.3M	14.1M	16.2M	17.0M
Accumulated Other Comprehensive Income	38K	(88K)	285K	6.2M	7.2M	7.5M
Property Plant Equipment	2.7M	3.6M	3.5M	4.9M	5.6M	5.9M
Common Stock	117K	119K	120K	121K	139.2K	114.9K
Good Will	12.2M	18.4M	18.2M	18.2M	20.9M	21.9M
Intangible Assets	51.7M	63.5M	39.5M	34.5M	39.6M	26.0M
Short Long Term Debt Total	2.1M	2.8M	2.1M	1.9M	2.1M	1.3M
Current Deferred Revenue	7.8M	8.1M	12.3M	12.0M	13.8M	14.5M
Short Term Debt	928K	1.3M	1.1M	1.1M	1.3M	650.5K
Other Liab	11.2M	13.8M	12.3M	11.7M	13.5M	8.6M
Net Tangible Assets	9.1M	(1.4M)	4.9M	(5.4M)	(4.9M)	(4.6M)
Capital Lease Obligations	2.1M	2.1M	2.8M	2.1M	2.4M	1.5M

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Tracsis Cost Of Revenue vs Gross Profit Analysis

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Gross Profit

Tracsis Plc fundamental ratios Correlations

Tracsis Plc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tracsis Plc fundamental ratios Accounts

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Additional Tools for Tracsis Stock Analysis

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COMPANY

Retained Earnings	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Common Stock Total Equity	- 0.74	Net Debt
Total Current Assets	- 0.74	Net Debt
Common Stock	- 0.71	Net Debt
Common Stock Shares Outstanding	- 0.71	Net Debt