CEVA Cost Of Revenue vs Net Income Analysis

CEVA Stock

USD 19.98 0.22 1.11%

CEVA financial indicator trend analysis is way more than just evaluating CEVA Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CEVA Inc is a good investment. Please check the relationship between CEVA Cost Of Revenue and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEVA Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

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 CEVA Inc Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have pay attention.

The correlation between CEVA's Cost Of Revenue and Net Income is -0.72. 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 CEVA Inc, assuming nothing else is changed. The correlation between historical values of CEVA's 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 CEVA Inc 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., CEVA's Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Cost Of Revenue

Cost of Revenue is found on CEVA Inc income statement and represents the costs associated with goods and services CEVA 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 CEVA Inc financial statement analysis. It represents the amount of money remaining after all of CEVA Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from CEVA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CEVA Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CEVA Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

At present, CEVA's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 187.8 M, whereas Selling General Administrative is forecasted to decline to about 10.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	105.9M	107.6M	85.8M	54.6M
Total Revenue	122.7M	134.6M	97.4M	61.4M

Gross Profit Total Revenue

CEVA fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Inventory	Other Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets
Total Assets		1.0	0.61	0.77	0.95	0.9	0.48	0.55	-0.63	-0.79	-0.65	0.58	-0.07	-0.82	0.53	0.62	0.92	0.72	0.91	0.6	0.17	0.52	0.89	0.82	0.3	0.96
Total Stockholder Equity	1.0		0.57	0.81	0.96	0.86	0.43	0.49	-0.67	-0.82	-0.64	0.55	-0.03	-0.85	0.48	0.57	0.9	0.68	0.94	0.56	0.09	0.53	0.92	0.78	0.27	0.96
Other Assets	0.61	0.57		0.24	0.39	0.74	0.6	0.67	-0.11	-0.2	-0.37	0.21	-0.07	-0.24	0.68	0.6	0.72	0.56	0.35	0.49	0.39	-0.05	0.3	0.8	-0.13	0.45
Common Stock Shares Outstanding	0.77	0.81	0.24		0.88	0.51	0.13	0.11	-0.57	-0.75	-0.37	0.4	0.42	-0.76	0.17	0.28	0.53	0.34	0.92	0.29	-0.12	0.72	0.93	0.43	0.2	0.87
Other Stockholder Equity	0.95	0.96	0.39	0.88		0.8	0.36	0.42	-0.63	-0.84	-0.62	0.62	0.04	-0.86	0.37	0.53	0.82	0.62	0.95	0.52	0.1	0.68	0.94	0.69	0.37	0.96
Total Liab	0.9	0.86	0.74	0.51	0.8		0.66	0.82	-0.34	-0.55	-0.64	0.68	-0.28	-0.6	0.72	0.83	0.94	0.8	0.69	0.75	0.5	0.4	0.65	0.95	0.38	0.8
Other Current Liab	0.48	0.43	0.6	0.13	0.36	0.66		0.81	0.13	0.06	-0.64	0.56	-0.48	0.01	0.76	0.74	0.54	0.69	0.23	0.71	0.69	0.37	0.2	0.66	0.37	0.39
Total Current Liabilities	0.55	0.49	0.67	0.11	0.42	0.82	0.81		0.18	-0.01	-0.46	0.66	-0.53	-0.08	0.89	0.83	0.67	0.67	0.25	0.78	0.87	0.29	0.21	0.78	0.39	0.43
Accounts Payable	-0.63	-0.67	-0.11	-0.57	-0.63	-0.34	0.13	0.18		0.89	0.55	-0.17	-0.06	0.88	0.09	-0.04	-0.55	-0.2	-0.72	-0.06	0.54	-0.2	-0.72	-0.27	-0.07	-0.62
Cash	-0.79	-0.82	-0.2	-0.75	-0.84	-0.55	0.06	-0.01	0.89		0.51	-0.31	-0.15	0.99	0.03	-0.19	-0.69	-0.37	-0.86	-0.17	0.33	-0.33	-0.85	-0.44	-0.14	-0.78
Inventory	-0.65	-0.64	-0.37	-0.37	-0.62	-0.64	-0.64	-0.46	0.55	0.51		-0.64	0.44	0.54	-0.45	-0.55	-0.7	-0.5	-0.53	-0.55	-0.23	-0.41	-0.51	-0.57	-0.4	-0.58
Other Current Assets	0.58	0.55	0.21	0.4	0.62	0.68	0.56	0.66	-0.17	-0.31	-0.64		-0.44	-0.37	0.59	0.82	0.57	0.58	0.49	0.87	0.57	0.73	0.48	0.62	0.85	0.61
Intangible Assets	-0.07	-0.03	-0.07	0.42	0.04	-0.28	-0.48	-0.53	-0.06	-0.15	0.44	-0.44		-0.12	-0.43	-0.38	-0.28	-0.4	0.18	-0.48	-0.5	0.04	0.2	-0.19	-0.41	0.05
Common Stock	-0.82	-0.85	-0.24	-0.76	-0.86	-0.6	0.01	-0.08	0.88	0.99	0.54	-0.37	-0.12		-0.06	-0.26	-0.73	-0.39	-0.88	-0.24	0.26	-0.36	-0.87	-0.49	-0.2	-0.82
Property Plant Equipment	0.53	0.48	0.68	0.17	0.37	0.72	0.76	0.89	0.09	0.03	-0.45	0.59	-0.43	-0.06		0.73	0.6	0.48	0.3	0.72	0.76	0.33	0.24	0.67	0.31	0.45
Property Plant And Equipment Net	0.62	0.57	0.6	0.28	0.53	0.83	0.74	0.83	-0.04	-0.19	-0.55	0.82	-0.38	-0.26	0.73		0.68	0.79	0.42	0.93	0.66	0.45	0.38	0.89	0.7	0.57
Non Current Assets Total	0.92	0.9	0.72	0.53	0.82	0.94	0.54	0.67	-0.55	-0.69	-0.7	0.57	-0.28	-0.73	0.6	0.68		0.72	0.71	0.61	0.3	0.3	0.67	0.86	0.26	0.78
Non Currrent Assets Other	0.72	0.68	0.56	0.34	0.62	0.8	0.69	0.67	-0.2	-0.37	-0.5	0.58	-0.4	-0.39	0.48	0.79	0.72		0.51	0.79	0.38	0.35	0.5	0.82	0.51	0.65
Cash And Short Term Investments	0.91	0.94	0.35	0.92	0.95	0.69	0.23	0.25	-0.72	-0.86	-0.53	0.49	0.18	-0.88	0.3	0.42	0.71	0.51		0.44	-0.08	0.63	0.99	0.6	0.3	0.98
Net Receivables	0.6	0.56	0.49	0.29	0.52	0.75	0.71	0.78	-0.06	-0.17	-0.55	0.87	-0.48	-0.24	0.72	0.93	0.61	0.79	0.44		0.62	0.51	0.42	0.77	0.76	0.6
Good Will	0.17	0.09	0.39	-0.12	0.1	0.5	0.69	0.87	0.54	0.33	-0.23	0.57	-0.5	0.26	0.76	0.66	0.3	0.38	-0.08	0.62		0.23	-0.13	0.45	0.37	0.08
Common Stock Total Equity	0.52	0.53	-0.05	0.72	0.68	0.4	0.37	0.29	-0.2	-0.33	-0.41	0.73	0.04	-0.36	0.33	0.45	0.3	0.35	0.63	0.51	0.23		0.66	0.33	0.64	0.66
Short Term Investments	0.89	0.92	0.3	0.93	0.94	0.65	0.2	0.21	-0.72	-0.85	-0.51	0.48	0.2	-0.87	0.24	0.38	0.67	0.5	0.99	0.42	-0.13	0.66		0.56	0.3	0.97
Non Current Liabilities Total	0.82	0.78	0.8	0.43	0.69	0.95	0.66	0.78	-0.27	-0.44	-0.57	0.62	-0.19	-0.49	0.67	0.89	0.86	0.82	0.6	0.77	0.45	0.33	0.56		0.4	0.72
Property Plant And Equipment Gross	0.3	0.27	-0.13	0.2	0.37	0.38	0.37	0.39	-0.07	-0.14	-0.4	0.85	-0.41	-0.2	0.31	0.7	0.26	0.51	0.3	0.76	0.37	0.64	0.3	0.4		0.39
Total Current Assets	0.96	0.96	0.45	0.87	0.96	0.8	0.39	0.43	-0.62	-0.78	-0.58	0.61	0.05	-0.82	0.45	0.57	0.78	0.65	0.98	0.6	0.08	0.66	0.97	0.72	0.39

Click cells to compare fundamentals

CEVA Account Relationship Matchups

CEVA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	297.0M	307.0M	328.7M	308.4M	304.1M	197.2M
Total Stockholder Equity	251.2M	260.9M	276.7M	258.9M	264.3M	171.0M
Other Assets	28.7M	31.3M	34.7M	23.4M	1.0	0.95
Common Stock Shares Outstanding	22.3M	22.1M	23.3M	23.2M	23.5M	21.8M
Liabilities And Stockholders Equity	297.0M	307.0M	328.7M	308.4M	304.1M	197.2M
Other Stockholder Equity	188.6M	203.0M	221.6M	232.9M	246.5M	162.8M
Total Liab	45.9M	46.1M	51.9M	49.6M	39.7M	26.3M
Other Current Liab	19.6M	21.9M	22.0M	25.1M	20.9M	11.3M
Total Current Liabilities	26.4M	28.2M	35.4M	33.3M	27.6M	20.5M
Accounts Payable	701K	894K	1.5M	2.0M	1.2M	914.2K
Cash	22.8M	21.1M	33.2M	21.3M	23.3M	29.2M
Other Current Assets	5.7M	6.2M	6.7M	6.9M	8.5M	8.0M
Intangible Assets	13.4M	10.8M	14.6M	6.7M	3.0M	2.8M
Property Plant Equipment	7.9M	7.6M	15.6M	7.1M	8.2M	5.1M
Property Plant And Equipment Net	18.9M	16.6M	15.6M	17.4M	13.7M	14.4M
Non Current Assets Total	118.5M	139.4M	139.7M	130.8M	98.8M	84.9M
Non Currrent Assets Other	19.1M	20.5M	8.7M	23.0M	17.7M	8.9M
Cash And Short Term Investments	144.6M	130.1M	154.9M	139.5M	166.5M	117.4M
Net Receivables	28.3M	31.2M	27.4M	31.3M	30.3M	31.8M
Short Term Investments	121.8M	109.0M	121.7M	118.2M	143.3M	97.5M
Non Current Liabilities Total	19.5M	17.9M	16.5M	16.3M	12.1M	8.6M
Property Plant And Equipment Gross	18.9M	16.6M	6.8M	17.4M	39.2M	41.2M
Total Current Assets	178.6M	167.6M	189.0M	177.6M	205.3M	137.1M
Other Liab	11.2M	12.1M	11.4M	9.6M	11.0M	7.3M
Current Deferred Revenue	3.6M	2.4M	8.7M	3.2M	3.0M	2.5M
Net Debt	(12.1M)	(12.4M)	(24.7M)	(11.6M)	(16.8M)	(17.7M)
Retained Earnings	62.4M	57.4M	55.5M	32.2M	20.2M	12.0M
Accumulated Other Comprehensive Income	94K	478K	(372K)	(6.2M)	(2.3M)	(2.4M)
Short Term Debt	2.4M	3.0M	3.3M	3.0M	2.5M	4.7M
Treasury Stock	(39.4M)	(30.1M)	(13.8M)	(9.9M)	(8.9M)	(9.4M)
Net Tangible Assets	251.2M	199.0M	187.3M	177.4M	204.0M	195.1M
Retained Earnings Total Equity	62.4M	57.4M	55.5M	32.2M	37.0M	41.7M
Capital Surpluse	228.0M	233.2M	235.4M	242.8M	279.3M	240.7M
Long Term Investments	6.3M	11.5M	2.9M	408K	406K	385.7K
Non Current Liabilities Other	19.5M	17.9M	16.5M	16.3M	18.7M	12.5M

Pair Trading with CEVA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CEVA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CEVA will appreciate offsetting losses from the drop in the long position's value.

Moving together with CEVA Stock

0.7

AMD

Advanced Micro Devices Aggressive Push

Pair Corr

The ability to find closely correlated positions to CEVA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CEVA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CEVA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CEVA Inc to buy it.

The correlation of CEVA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CEVA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CEVA Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CEVA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether CEVA Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CEVA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ceva Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceva Inc Stock:

How To Invest In CEVA

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Is CEVA Stock a good investment?

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What is CEVA's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEVA Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for CEVA Stock analysis

When running CEVA's price analysis, check to measure CEVA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CEVA is operating at the current time. Most of CEVA's value examination focuses on studying past and present price action to predict the probability of CEVA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEVA's price. Additionally, you may evaluate how the addition of CEVA to your portfolios can decrease your overall portfolio volatility.

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Is CEVA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CEVA. If investors know CEVA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CEVA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.959

Earnings Share

(0.79)

Revenue Per Share

4.148

Quarterly Revenue Growth

(0.20)

Return On Assets

(0.03)

The market value of CEVA Inc is measured differently than its book value, which is the value of CEVA that is recorded on the company's balance sheet. Investors also form their own opinion of CEVA's value that differs from its market value or its book value, called intrinsic value, which is CEVA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CEVA's market value can be influenced by many factors that don't directly affect CEVA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CEVA's value and its price as these two are different measures arrived at by different means. Investors typically determine if CEVA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CEVA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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CEVA Cost Of Revenue vs Net Income Analysis

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Net Income

CEVA fundamental ratios Correlations

CEVA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CEVA fundamental ratios Accounts

Pair Trading with CEVA

Moving together with CEVA Stock

Complementary Tools for CEVA Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock	+ 0.99	Cash
Short Term Investments	+ 0.99	Cash And Short Term Investments
Total Current Assets	+ 0.98	Cash And Short Term Investments
Total Current Assets	+ 0.97	Short Term Investments
Total Current Assets	+ 0.96	Total Assets

Cash And Short Term Investments	- 0.88	Common Stock
Short Term Investments	- 0.87	Common Stock
Cash And Short Term Investments	- 0.86	Cash
Common Stock	- 0.86	Other Stockholder Equity
Short Term Investments	- 0.85	Cash
Common Stock	- 0.85	Total Stockholder Equity