Glaukos Cost Of Revenue vs Total Operating Expenses Analysis

GKOS Stock  USD 99.48  0.63  0.63%   
Glaukos Corp financial indicator trend analysis is much more than just examining Glaukos Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glaukos Corp is a good investment. Please check the relationship between Glaukos Corp Cost Of Revenue and its Total Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Glaukos Stock please use our How to Invest in Glaukos Corp guide.

Cost Of Revenue vs Total Operating Expenses

Cost Of Revenue vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glaukos Corp Cost Of Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Glaukos Corp's Cost Of Revenue and Total Operating Expenses is 0.93. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Glaukos Corp, assuming nothing else is changed. The correlation between historical values of Glaukos Corp's Cost Of Revenue and Total Operating Expenses 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 Glaukos Corp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Glaukos Corp's Cost Of Revenue and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Glaukos Corp income statement and represents the costs associated with goods and services Glaukos Corp 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Glaukos Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glaukos Corp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Glaukos Stock please use our How to Invest in Glaukos Corp guide.Tax Provision is likely to gain to about 980.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 133.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit227.4M213.9M239.1M151.6M
Total Revenue294.0M282.9M314.7M194.7M

Glaukos Corp fundamental ratios Correlations

0.910.970.950.950.930.890.8-0.730.710.980.99-0.580.680.880.950.960.840.90.920.680.80.90.960.740.72
0.910.890.890.780.870.90.92-0.860.820.940.86-0.80.550.860.930.840.770.880.90.80.710.930.870.840.73
0.970.890.990.950.910.890.76-0.760.790.950.95-0.60.560.90.910.990.90.940.880.60.870.90.980.680.75
0.950.890.990.910.90.90.78-0.790.840.950.93-0.640.510.890.90.960.890.90.860.610.880.90.960.690.76
0.950.780.950.910.860.790.64-0.620.60.910.92-0.40.680.810.920.970.910.870.90.450.80.810.970.530.66
0.930.870.910.90.860.970.9-0.870.710.910.93-0.640.620.940.860.90.760.860.820.80.90.970.880.860.91
0.890.90.890.90.790.970.94-0.930.80.890.88-0.790.470.940.830.850.750.850.790.830.910.990.850.890.91
0.80.920.760.780.640.90.94-0.930.720.830.78-0.860.470.860.80.70.60.750.770.940.730.950.730.960.84
-0.73-0.86-0.76-0.79-0.62-0.87-0.93-0.93-0.81-0.77-0.690.8-0.37-0.85-0.72-0.72-0.69-0.74-0.69-0.8-0.82-0.94-0.74-0.85-0.93
0.710.820.790.840.60.710.80.72-0.810.790.69-0.740.190.770.670.730.70.740.60.610.770.780.740.670.68
0.980.940.950.950.910.910.890.83-0.770.790.95-0.650.650.880.960.920.830.880.930.710.780.910.940.760.7
0.990.860.950.930.920.930.880.78-0.690.690.95-0.550.640.850.890.940.770.870.850.690.820.860.920.750.73
-0.58-0.8-0.6-0.64-0.4-0.64-0.79-0.860.8-0.74-0.65-0.550.0-0.69-0.59-0.48-0.46-0.57-0.55-0.8-0.59-0.76-0.52-0.81-0.61
0.680.550.560.510.680.620.470.47-0.370.190.650.640.00.50.720.630.510.570.740.410.330.550.630.430.44
0.880.860.90.890.810.940.940.86-0.850.770.880.85-0.690.50.840.860.760.860.80.740.880.940.860.80.84
0.950.930.910.90.920.860.830.8-0.720.670.960.89-0.590.720.840.90.870.880.990.620.680.880.940.680.65
0.960.840.990.960.970.90.850.7-0.720.730.920.94-0.480.630.860.90.920.940.880.520.870.870.990.60.75
0.840.770.90.890.910.760.750.6-0.690.70.830.77-0.460.510.760.870.920.850.860.320.770.790.950.410.66
0.90.880.940.90.870.860.850.75-0.740.740.880.87-0.570.570.860.880.940.850.870.590.810.880.930.660.73
0.920.90.880.860.90.820.790.77-0.690.60.930.85-0.550.740.80.990.880.860.870.580.630.850.920.640.61
0.680.80.60.610.450.80.830.94-0.80.610.710.69-0.80.410.740.620.520.320.590.580.590.810.520.990.73
0.80.710.870.880.80.90.910.73-0.820.770.780.82-0.590.330.880.680.870.770.810.630.590.870.830.670.89
0.90.930.90.90.810.970.990.95-0.940.780.910.86-0.760.550.940.880.870.790.880.850.810.870.880.870.9
0.960.870.980.960.970.880.850.73-0.740.740.940.92-0.520.630.860.940.990.950.930.920.520.830.880.60.73
0.740.840.680.690.530.860.890.96-0.850.670.760.75-0.810.430.80.680.60.410.660.640.990.670.870.60.79
0.720.730.750.760.660.910.910.84-0.930.680.70.73-0.610.440.840.650.750.660.730.610.730.890.90.730.79
Click cells to compare fundamentals

Glaukos Corp Account Relationship Matchups

Glaukos Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets818.4M1.0B1.0B1.0B940.4M549.7M
Other Current Liab51.9M45.3M56.0M58.0M60.6M34.7M
Total Current Liabilities57.7M49.7M63.4M72.4M74.0M43.7M
Total Stockholder Equity673.3M667.4M587.2M530.0M461.8M315.2M
Other Liab14.8M17.5M16.8M17.5M20.2M21.2M
Property Plant And Equipment Net91.8M95.5M146.1M166.8M174.5M183.3M
Net Debt10.2M174.2M281.7M263.0M290.3M304.8M
Retained Earnings(189.7M)(310.1M)(365.2M)(464.4M)(599.1M)(569.1M)
Accounts Payable5.8M4.4M7.3M14.4M13.4M7.1M
Cash62.4M96.6M100.7M119.5M93.5M56.4M
Non Current Assets Total555.5M536.1M563.6M558.5M545.0M286.7M
Non Currrent Assets Other15.0M16.8M(70.0M)(61.2M)(51.1M)(48.5M)
Other Assets15.0M88.2M18.5M17.7M20.3M16.8M
Cash And Short Term Investments174.0M404.4M414.1M352.7M295.4M209.6M
Net Receivables38.4M36.1M33.4M36.1M39.9M24.9M
Common Stock Total Equity44K45K47K48K55.2K36.5K
Common Stock Shares Outstanding41.1M44.5M46.4M47.4M48.4M40.1M
Short Term Investments111.6M307.8M313.3M233.2M202.0M153.2M
Liabilities And Stockholders Equity818.4M1.0B1.0B1.0B940.4M549.7M
Non Current Liabilities Total87.4M288.4M399.2M400.0M404.6M424.9M
Inventory42.6M15.8M23.0M37.8M42.0M44.1M
Other Current Assets7.9M13.2M15.6M17.3M18.2M19.1M
Other Stockholder Equity861.6M976.5M952.3M997.3M1.1B574.1M
Total Liab145.1M338.1M462.5M472.4M478.6M502.6M
Property Plant And Equipment Gross91.8M95.5M69.0M94.4M209.0M219.5M
Total Current Assets262.9M469.4M486.1M443.9M395.5M263.0M
Accumulated Other Comprehensive Income1.3M1.0M15K(3.0M)1.2M1.2M
Common Stock44K45K47K48K49K38.1K
Property Plant Equipment22.1M24.0M146.1M94.4M108.6M114.0M
Net Tangible Assets673.3M667.4M188.2M530.0M609.5M640.0M
Retained Earnings Total Equity(189.7M)(310.1M)(365.2M)(464.4M)(418.0M)(438.9M)
Capital Surpluse861.7M976.6M952.4M997.5M1.1B701.0M
Non Current Liabilities Other5.2M7.0M9.5M10.3M13.8M14.4M
Net Invested Capital673.3M856.9M867.2M811.4M744.5M670.3M
Net Working Capital205.2M419.7M422.8M371.5M321.4M315.8M

Glaukos Corp Investors Sentiment

The influence of Glaukos Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Glaukos. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Glaukos Corp's public news can be used to forecast risks associated with an investment in Glaukos. The trend in average sentiment can be used to explain how an investor holding Glaukos can time the market purely based on public headlines and social activities around Glaukos Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Glaukos Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Glaukos Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Glaukos Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Glaukos Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Glaukos Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Glaukos Corp's short interest history, or implied volatility extrapolated from Glaukos Corp options trading.

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When determining whether Glaukos Corp is a strong investment it is important to analyze Glaukos Corp'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 Glaukos Corp's future performance. For an informed investment choice regarding Glaukos Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Glaukos Stock please use our How to Invest in Glaukos Corp guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is Glaukos Corp'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 Glaukos Corp. If investors know Glaukos 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 Glaukos Corp 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
18.963
Earnings Share
(2.78)
Revenue Per Share
6.498
Quarterly Revenue Growth
0.156
Return On Assets
(0.08)
The market value of Glaukos Corp is measured differently than its book value, which is the value of Glaukos that is recorded on the company's balance sheet. Investors also form their own opinion of Glaukos Corp's value that differs from its market value or its book value, called intrinsic value, which is Glaukos Corp'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 Glaukos Corp's market value can be influenced by many factors that don't directly affect Glaukos Corp'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 Glaukos Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glaukos Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glaukos Corp'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.