ASA Cost Of Revenue vs Income Before Tax Analysis
| ASA Stock | USD 18.42 0.19 1.02% |
ASA Gold financial indicator trend analysis is way more than just evaluating ASA Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASA Gold is a good investment. Please check the relationship between ASA Gold Cost Of Revenue and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Cost Of Revenue vs Income Before Tax
Cost Of Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASA Gold Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ASA Gold's Cost Of Revenue and Income Before Tax is -0.25. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of ASA Gold and, assuming nothing else is changed. The correlation between historical values of ASA Gold's Cost Of Revenue and Income Before Tax 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 ASA Gold and are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., ASA Gold's Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.25 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on ASA Gold income statement and represents the costs associated with goods and services ASA Gold 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on ASA Gold income statement and is an important metric when analyzing ASA Gold profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from ASA Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASA Gold 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 ASA Gold and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At present, ASA Gold's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 28.47, whereas Selling General Administrative is forecasted to decline to about 949.8 K.
| 2023 | 2024 (projected) | Interest Income | 87.4K | 83.0K | Non Recurring | 500.1K | 444.6K |
ASA Gold fundamental ratios Correlations
Click cells to compare fundamentals
ASA Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ASA Gold fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 464.7M | 482.7M | 326.3M | 335.6M | 302.1M | 323.7M | |
| Other Current Liab | 433.6K | 462.3K | 312.4K | 370.6K | 333.5K | 316.8K | |
| Total Current Liabilities | 433.6K | 462.3K | 312.4K | 370.6K | 333.5K | 316.8K | |
| Total Stockholder Equity | 463.9M | 481.9M | 325.6M | 334.9M | 301.4M | 308.9M | |
| Retained Earnings | 443.3M | 461.2M | 304.9M | 314.3M | 361.4M | 274.8M | |
| Cash | 1.3M | 79.9K | 78.5K | 4.8M | 4.3M | 5.5M | |
| Other Assets | 109.1K | 131.0K | 104.2K | 88.6K | 101.8K | 106.9K | |
| Total Liab | 803.4K | 462.3K | 691.6K | 370.6K | 333.5K | 316.8K | |
| Other Liab | 411.3K | 369.8K | 333.5K | 379.2K | 341.3K | 324.3K | |
| Net Debt | (1.3M) | (79.9K) | (78.5K) | (4.8M) | (5.5M) | (5.8M) | |
| Non Current Assets Total | 463.1M | 482.3M | 325.9M | 330.4M | 297.3M | 345.5M | |
| Non Currrent Assets Other | (463.1M) | (482.3M) | (325.9M) | (330.4M) | (379.9M) | (398.9M) | |
| Cash And Short Term Investments | 1.3M | 79.9K | 78.5K | 4.8M | 4.3M | 5.4M | |
| Net Receivables | 177.2K | 236.8K | 183.8K | 328.2K | 295.4K | 237.0K | |
| Liabilities And Stockholders Equity | 464.7M | 482.7M | 326.3M | 335.6M | 302.1M | 351.0M | |
| Total Current Assets | 1.5M | 316.7K | 262.3K | 5.1M | 4.6M | 5.6M | |
| Net Tangible Assets | 285.9M | 463.9M | 481.9M | 325.6M | 293.0M | 299.3M | |
| Long Term Investments | 463.1M | 482.3M | 325.9M | 330.4M | 297.3M | 292.8M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running ASA Gold's price analysis, check to measure ASA Gold'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 ASA Gold is operating at the current time. Most of ASA Gold's value examination focuses on studying past and present price action to predict the probability of ASA Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASA Gold's price. Additionally, you may evaluate how the addition of ASA Gold to your portfolios can decrease your overall portfolio volatility.
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Is ASA Gold'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 ASA Gold. If investors know ASA 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 ASA Gold 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 (0.55) | Dividend Share 0.02 | Earnings Share 0.5 | Revenue Per Share 0.124 | Quarterly Revenue Growth (0.47) |
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold'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 ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold'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 ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold'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.