Workspace Cost Of Revenue vs Net Income From Continuing Ops Analysis

WKP Stock   547.00  5.00  0.91%   
Workspace Group financial indicator trend analysis is more than just analyzing Workspace Group PLC current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workspace Group PLC is a good investment. Please check the relationship between Workspace Group Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workspace Group 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 bureau of economic analysis.

Cost Of Revenue vs Net Income From Continuing Ops

Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workspace Group PLC Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Workspace Group's Cost Of Revenue and Net Income From Continuing Ops is -0.76. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Workspace Group PLC, assuming nothing else is changed. The correlation between historical values of Workspace Group's Cost Of Revenue and Net Income From Continuing Ops 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 Workspace Group PLC are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., Workspace Group's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Workspace Group PLC income statement and represents the costs associated with goods and services Workspace Group 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 From Continuing Ops

Most indicators from Workspace Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workspace Group 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workspace Group 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 bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 26.6 M. The current year's Tax Provision is expected to grow to about 362.2 K
 2021 2022 2023 2024 (projected)
Interest Expense20.9M34.8M33.4M17.3M
Depreciation And Amortization2.7M2.3M2.6M2.8M

Workspace Group fundamental ratios Correlations

0.860.910.630.970.630.830.910.750.371.0-0.060.370.820.850.840.620.930.87-0.380.75-0.130.830.350.860.43
0.860.90.660.710.270.990.580.780.320.850.270.320.780.780.990.740.881.0-0.20.81-0.040.760.170.780.72
0.910.90.560.830.350.880.740.680.310.920.210.320.870.860.90.570.880.91-0.210.68-0.160.840.180.820.52
0.630.660.560.560.530.540.50.710.810.6-0.060.810.450.50.530.350.640.66-0.170.880.030.490.150.660.18
0.970.710.830.560.740.680.980.660.350.97-0.210.360.760.80.690.50.860.72-0.430.65-0.160.790.40.820.26
0.630.270.350.530.740.20.810.540.430.63-0.690.420.310.410.190.20.480.29-0.360.45-0.10.40.350.6-0.28
0.830.990.880.540.680.20.540.760.150.830.270.150.770.761.00.790.840.98-0.20.72-0.060.750.170.740.79
0.910.580.740.50.980.810.540.580.330.92-0.340.330.680.730.550.390.760.59-0.440.55-0.190.710.420.770.11
0.750.780.680.710.660.540.760.580.330.74-0.080.330.570.620.730.80.760.79-0.280.84-0.020.610.260.70.47
0.370.320.310.810.350.430.150.330.330.330.071.00.240.260.17-0.120.420.32-0.060.680.120.260.040.37-0.21
1.00.850.920.60.970.630.830.920.740.33-0.070.330.830.850.840.610.920.86-0.380.72-0.140.840.350.860.43
-0.060.270.21-0.06-0.21-0.690.27-0.34-0.080.07-0.070.070.130.030.310.060.160.250.090.130.010.02-0.1-0.080.46
0.370.320.320.810.360.420.150.330.331.00.330.070.240.260.18-0.110.420.32-0.060.690.120.270.050.37-0.21
0.820.780.870.450.760.310.770.680.570.240.830.130.240.990.80.50.710.79-0.130.570.10.990.090.730.45
0.850.780.860.50.80.410.760.730.620.260.850.030.260.990.780.530.720.79-0.170.60.061.00.130.760.4
0.840.990.90.530.690.191.00.550.730.170.840.310.180.80.780.760.860.98-0.190.71-0.050.770.160.750.78
0.620.740.570.350.50.20.790.390.8-0.120.610.06-0.110.50.530.760.660.74-0.180.64-0.190.510.170.470.78
0.930.880.880.640.860.480.840.760.760.420.920.160.420.710.720.860.660.89-0.350.82-0.160.70.330.770.51
0.871.00.910.660.720.290.980.590.790.320.860.250.320.790.790.980.740.89-0.210.81-0.040.770.180.790.71
-0.38-0.2-0.21-0.17-0.43-0.36-0.2-0.44-0.28-0.06-0.380.09-0.06-0.13-0.17-0.19-0.18-0.35-0.21-0.2-0.16-0.13-1.0-0.26-0.13
0.750.810.680.880.650.450.720.550.840.680.720.130.690.570.60.710.640.820.81-0.2-0.030.590.180.640.43
-0.13-0.04-0.160.03-0.16-0.1-0.06-0.19-0.020.12-0.140.010.120.10.06-0.05-0.19-0.16-0.04-0.16-0.030.090.15-0.060.0
0.830.760.840.490.790.40.750.710.610.260.840.020.270.991.00.770.510.70.77-0.130.590.090.090.750.39
0.350.170.180.150.40.350.170.420.260.040.35-0.10.050.090.130.160.170.330.18-1.00.180.150.090.230.12
0.860.780.820.660.820.60.740.770.70.370.86-0.080.370.730.760.750.470.770.79-0.260.64-0.060.750.230.28
0.430.720.520.180.26-0.280.790.110.47-0.210.430.46-0.210.450.40.780.780.510.71-0.130.430.00.390.120.28
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Workspace Group Account Relationship Matchups

Workspace Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.6B2.5B2.8B2.5B2.7B
Short Long Term Debt Total654.4M779.1M626.5M943.6M889.5M934.0M
Other Current Liab61.1M71.5M72.6M63.1M80.8M84.8M
Total Current Liabilities92.1M251.6M85.8M157.6M93M53.1M
Total Stockholder Equity2.0B1.7B1.8B1.8B1.5B1.6B
Property Plant And Equipment Net2.6B2.4B2.4B2.6B3M2.9M
Net Debt575.2M588.1M577.5M925.1M877.9M921.8M
Retained Earnings1.5B1.2B1.3B1.2B977.3M1.0B
Accounts Payable4.8M10.4M13.2M15.4M7.4M7.8M
Cash79.2M191M49M18.5M11.6M16.8M
Non Current Assets Total2.6B2.4B2.4B2.7B2.4B2.5B
Non Currrent Assets Other(800K)(500K)(400K)(2.7B)2.4B2.5B
Cash And Short Term Investments79.2M191M49M18.5M11.6M18.0M
Common Stock Total Equity163.8M180.4M180.7M181.1M208.3M218.7M
Common Stock Shares Outstanding181.4M180.8M182.0M190.5M191.7M201.3M
Liabilities And Stockholders Equity2.7B2.6B2.5B2.8B2.5B2.7B
Non Current Liabilities Total617.2M596.2M595.5M859.1M889.5M934.0M
Other Current Assets26.2M17.9M82.7M156.5M83.7M87.9M
Other Stockholder Equity285.8M285.9M294.3M285.6M286.7M301.0M
Total Liab737.5M874.1M712.3M1.1B982.5M1.0B
Property Plant And Equipment Gross4.8M4M9.5M12.5M8.2M7.8M
Total Current Assets115.4M220.3M138.4M187.3M114M119.7M
Short Term Debt(1.8M)147.1M8.2M36.4M85.6M89.9M
Common Stock180.4M180.7M181.1M191.6M191.9M201.5M
Accumulated Other Comprehensive Income23.5M24.4M23.9M25.7M93M97.7M
Other Assets19.1M9.1M300K2.5B2.9B3.1B
Long Term Debt617.2M596.2M595.5M859.1M854.8M448.1M
Property Plant Equipment2.6B2.6B2.4B2.4B2.7B2.9B
Current Deferred Revenue10.8M9.5M8.2M13.4M12.1M12.7M
Intangible Assets1.6M2M2.4M1.9M2.2M2.3M
Net Receivables10M29.3M6.7M12.3M18.7M19.6M
Net Tangible Assets2.0B2.0B1.7B1.8B2.1B1.7B
Capital Surpluse135.3M295.1M295.4M295.5M339.8M254.5M
Capital Lease Obligations28.2M26.3M31M34.7M39.9M26.7M

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Other Information on Investing in Workspace Stock

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