LuxUrban Gross Profit vs Cost Of Revenue Analysis
| LUXHP Stock | 16.49 1.33 8.77% |
LuxUrban Hotels financial indicator trend analysis is infinitely more than just investigating LuxUrban Hotels 1300 recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LuxUrban Hotels 1300 is a good investment. Please check the relationship between LuxUrban Hotels Gross Profit and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LuxUrban Hotels 1300. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in LuxUrban Stock, please use our How to Invest in LuxUrban Hotels guide.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LuxUrban Hotels 1300 Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between LuxUrban Hotels' Gross Profit and Cost Of Revenue is 0.62. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of LuxUrban Hotels 1300, assuming nothing else is changed. The correlation between historical values of LuxUrban Hotels' Gross Profit 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 Gross Profit of LuxUrban Hotels 1300 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 Gross Profit i.e., LuxUrban Hotels' Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of LuxUrban Hotels 1300 minus its cost of goods sold. It is profit before LuxUrban Hotels operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on LuxUrban Hotels 1300 income statement and represents the costs associated with goods and services LuxUrban Hotels 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 LuxUrban Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LuxUrban Hotels 1300 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LuxUrban Hotels 1300. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in LuxUrban Stock, please use our How to Invest in LuxUrban Hotels guide.As of 06/12/2024, Selling General Administrative is likely to grow to about 39.7 M. Also, Issuance Of Capital Stock is likely to grow to about 6.2 M
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 22.1M | 44.9M | 143.9M | 151.1M | Cost Of Revenue | 19.3M | 31.5M | 104.5M | 109.7M |
LuxUrban Hotels fundamental ratios Correlations
Click cells to compare fundamentals
LuxUrban Hotels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running LuxUrban Hotels' price analysis, check to measure LuxUrban Hotels' 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 LuxUrban Hotels is operating at the current time. Most of LuxUrban Hotels' value examination focuses on studying past and present price action to predict the probability of LuxUrban Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LuxUrban Hotels' price. Additionally, you may evaluate how the addition of LuxUrban Hotels to your portfolios can decrease your overall portfolio volatility.