Wave Total Revenue vs Cost Of Revenue Analysis

WVE Stock  USD 5.85  0.06  1.04%   
Wave Life financial indicator trend analysis is more than just analyzing Wave Life Sciences current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wave Life Sciences is a good investment. Please check the relationship between Wave Life Total Revenue and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wave Life Sciences. 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.

Total Revenue vs Cost Of Revenue

Total Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wave Life Sciences Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Wave Life's Total Revenue and Cost Of Revenue is -0.02. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Wave Life Sciences, assuming nothing else is changed. The correlation between historical values of Wave Life's Total Revenue 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 Total Revenue of Wave Life Sciences 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 Total Revenue i.e., Wave Life's Total Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Wave Life Sciences generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on Wave Life Sciences income statement and represents the costs associated with goods and services Wave Life 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 Wave Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wave Life Sciences 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 Wave Life Sciences. 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.
As of May 9, 2024, Selling General Administrative is expected to decline to about 33.7 M. The current year's Tax Provision is expected to grow to about (643.1 K)

Wave Life fundamental ratios Correlations

0.520.840.750.560.760.860.74-0.9-0.670.830.960.830.580.960.690.760.440.720.770.850.780.80.98-0.520.79
0.520.810.67-0.320.760.810.61-0.23-0.870.720.380.60.190.380.560.80.670.790.380.830.740.310.450.250.85
0.840.810.770.090.920.960.71-0.61-0.870.920.730.860.510.730.560.870.650.910.720.960.860.690.77-0.240.93
0.750.670.770.070.90.750.99-0.64-0.840.740.650.710.420.650.850.860.810.610.880.840.960.510.71-0.090.75
0.56-0.320.090.07-0.030.130.1-0.770.080.150.70.180.190.70.210.09-0.18-0.030.260.030.10.550.65-0.750.1
0.760.760.920.9-0.030.850.85-0.6-0.920.830.650.780.460.650.590.910.810.830.820.910.930.60.68-0.140.86
0.860.810.960.750.130.850.69-0.6-0.810.890.710.910.550.710.640.830.530.930.670.940.820.650.77-0.260.87
0.740.610.710.990.10.850.69-0.64-0.790.680.640.670.420.640.870.810.780.540.880.80.930.50.7-0.110.69
-0.9-0.23-0.61-0.64-0.77-0.6-0.6-0.640.54-0.65-0.97-0.57-0.35-0.97-0.58-0.68-0.42-0.47-0.7-0.59-0.67-0.81-0.950.66-0.63
-0.67-0.87-0.87-0.840.08-0.92-0.81-0.790.54-0.83-0.61-0.59-0.13-0.61-0.62-0.98-0.9-0.77-0.62-0.84-0.92-0.59-0.640.05-0.94
0.830.720.920.740.150.830.890.68-0.65-0.830.740.770.410.740.590.840.620.830.650.90.790.70.78-0.30.89
0.960.380.730.650.70.650.710.64-0.97-0.610.740.650.391.00.590.720.410.580.670.70.690.830.99-0.60.75
0.830.60.860.710.180.780.910.67-0.57-0.590.770.650.850.650.590.620.340.850.760.890.710.560.7-0.330.65
0.580.190.510.420.190.460.550.42-0.35-0.130.410.390.850.390.330.16-0.050.540.620.580.330.30.44-0.310.2
0.960.380.730.650.70.650.710.64-0.97-0.610.741.00.650.390.590.720.410.580.670.70.690.830.99-0.60.75
0.690.560.560.850.210.590.640.87-0.58-0.620.590.590.590.330.590.660.540.420.650.690.770.420.68-0.120.59
0.760.80.870.860.090.910.830.81-0.68-0.980.840.720.620.160.720.660.870.770.670.840.940.670.75-0.180.94
0.440.670.650.81-0.180.810.530.78-0.42-0.90.620.410.34-0.050.410.540.870.470.610.610.870.420.440.070.74
0.720.790.910.61-0.030.830.930.54-0.47-0.770.830.580.850.540.580.420.770.470.530.890.690.570.62-0.220.81
0.770.380.720.880.260.820.670.88-0.7-0.620.650.670.760.620.670.650.670.610.530.740.830.530.71-0.280.57
0.850.830.960.840.030.910.940.8-0.59-0.840.90.70.890.580.70.690.840.610.890.740.850.610.76-0.150.89
0.780.740.860.960.10.930.820.93-0.67-0.920.790.690.710.330.690.770.940.870.690.830.850.610.74-0.160.85
0.80.310.690.510.550.60.650.5-0.81-0.590.70.830.560.30.830.420.670.420.570.530.610.610.82-0.80.7
0.980.450.770.710.650.680.770.7-0.95-0.640.780.990.70.440.990.680.750.440.620.710.760.740.82-0.550.78
-0.520.25-0.24-0.09-0.75-0.14-0.26-0.110.660.05-0.3-0.6-0.33-0.31-0.6-0.12-0.180.07-0.22-0.28-0.15-0.16-0.8-0.55-0.17
0.790.850.930.750.10.860.870.69-0.63-0.940.890.750.650.20.750.590.940.740.810.570.890.850.70.78-0.17
Click cells to compare fundamentals

Wave Life Account Relationship Matchups

Wave Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets284.3M279.2M207.0M146.4M274.9M200.5M
Short Long Term Debt Total32.5M29.3M29.9M37.6M32.1M20.4M
Other Current Liab16.2M12.0M14.9M17.6M16.8M10.6M
Total Current Liabilities118.2M121.0M64.2M71.5M186.4M195.8M
Total Stockholder Equity63.7M82.8M32.5M(45.1M)47.5M49.3M
Other Liab65.2M42.0M77.5M80.0M92.0M96.6M
Property Plant And Equipment Net54.5M45.4M40.6M44.1M35.7M30.2M
Current Deferred Revenue89.7M91.6M37.1M31.6M150.1M157.6M
Net Debt(114.6M)(155.2M)(120.6M)(50.9M)(168.2M)(176.6M)
Retained Earnings(533.4M)(683.3M)(805.5M)(967.3M)(1.0B)(973.6M)
Accounts Payable9.1M13.8M7.3M16.9M12.8M8.9M
Cash147.2M184.5M150.6M88.5M200.4M140.1M
Non Current Assets Total98.8M49.2M44.4M47.8M39.6M42.5M
Other Assets44.3M3.8M3.8M3.7M4.3M4.1M
Cash And Short Term Investments147.2M184.5M150.6M88.5M200.4M140.1M
Net Receivables10M20M30M0.021.1M22.1M
Common Stock Total Equity539.5M694.1M749.9M802.8M923.3M969.4M
Common Stock Shares Outstanding33.9M39.2M51.8M78.9M106.1M111.4M
Liabilities And Stockholders Equity284.3M279.2M207.0M146.4M274.9M200.5M
Non Current Liabilities Total102.4M75.4M110.3M120.0M41.0M59.0M
Other Current Assets8.7M5.1M5.4M2.1M13.9M14.6M
Total Liab220.5M196.5M174.5M191.5M227.4M132.8M
Property Plant And Equipment Gross54.5M45.4M40.6M44.1M78.4M82.4M
Total Current Assets185.5M230.0M162.6M98.5M235.4M158.0M
Accumulated Other Comprehensive Income267K389K181K(29K)(124K)(117.8K)
Short Term Debt3.2M3.7M5.0M5.5M6.7M3.6M
Common Stock539.5M694.1M749.9M802.8M935.4M481.8M
Property Plant Equipment54.5M29.2M22.3M17.3M19.9M22.5M
Net Tangible Assets63.7M90.7M40.4M(37.2M)(33.5M)(31.8M)
Other Stockholder Equity49.4M63.7M80.1M111.6M129.2M135.7M
Non Currrent Assets Other10.7M115K148K62K156K148.2K
Capital Surpluse57.3M71.6M88.0M119.4M137.4M144.2M
Capital Lease Obligations32.5M29.3M29.9M37.6M32.1M21.5M
Non Current Liabilities Other1.7M67.5M102.4M112.1M128.9M135.3M
Net Invested Capital63.7M82.8M32.5M(45.1M)39.6M44.2M
Net Working Capital67.3M109.0M98.4M27.0M48.9M63.3M

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When determining whether Wave Life Sciences is a strong investment it is important to analyze Wave Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wave Life's future performance. For an informed investment choice regarding Wave Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wave Life Sciences. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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Is Wave Life'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 Wave Life. If investors know Wave 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 Wave Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.54)
Revenue Per Share
1.068
Quarterly Revenue Growth
22.451
Return On Assets
(0.20)
Return On Equity
(11.18)
The market value of Wave Life Sciences is measured differently than its book value, which is the value of Wave that is recorded on the company's balance sheet. Investors also form their own opinion of Wave Life's value that differs from its market value or its book value, called intrinsic value, which is Wave Life'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 Wave Life's market value can be influenced by many factors that don't directly affect Wave Life'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 Wave Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wave Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wave Life'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.