Park Cost of Revenue vs Gross Profit Analysis
PKE Stock | USD 14.78 0.12 0.81% |
Park Electrochemical financial indicator trend analysis is much more than just breaking down Park Electrochemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park Electrochemical is a good investment. Please check the relationship between Park Electrochemical Cost Of Revenue and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Electrochemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.
Cost Of Revenue vs Gross Profit
Cost of Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park Electrochemical Cost of Revenue account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Park Electrochemical's Cost of Revenue and Gross Profit is 0.98. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Park Electrochemical, assuming nothing else is changed. The correlation between historical values of Park Electrochemical's Cost of Revenue and Gross Profit 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 Park Electrochemical are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost of Revenue i.e., Park Electrochemical's Cost of Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Park Electrochemical income statement and represents the costs associated with goods and services Park Electrochemical 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Park Electrochemical minus its cost of goods sold. It is profit before Park Electrochemical 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.Most indicators from Park Electrochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park Electrochemical 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Park Electrochemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.At present, Park Electrochemical's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.9M | 16.5M | 14.8M | 14.1M | Total Revenue | 53.6M | 54.1M | 48.6M | 46.2M |
Park Electrochemical fundamental ratios Correlations
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Park Electrochemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Park Electrochemical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 171.8M | 163.5M | 160.9M | 159.3M | 183.2M | 282.5M | |
Other Current Liab | 3.8M | 4.7M | 3.7M | 24.0M | 21.6M | 14.0M | |
Total Current Liabilities | 8.7M | 8.0M | 6.3M | 28.6M | 25.7M | 25.6M | |
Total Stockholder Equity | 141.7M | 135.9M | 135.6M | 115.9M | 133.3M | 191.8M | |
Property Plant And Equipment Net | 16.5M | 21.2M | 24.5M | 24.4M | 22.0M | 42.5M | |
Net Debt | (121.9M) | (116.4M) | (110.1M) | (105.3M) | (94.7M) | (99.5M) | |
Retained Earnings | (21.8M) | (25.1M) | (24.8M) | (42.7M) | (38.4M) | (36.5M) | |
Cash | 122.4M | 116.5M | 110.4M | 105.4M | 121.3M | 105.7M | |
Non Current Assets Total | 26.6M | 31.2M | 34.4M | 34.3M | 30.9M | 48.7M | |
Non Currrent Assets Other | 268K | 141K | 122K | (1.9M) | (2.2M) | (2.1M) | |
Cash And Short Term Investments | 122.4M | 116.5M | 110.4M | 105.4M | 121.3M | 148.1M | |
Net Receivables | 10.9M | 7.6M | 8.3M | 10.0M | 9.0M | 8.5M | |
Common Stock Shares Outstanding | 20.6M | 20.5M | 20.6M | 20.5M | 23.6M | 20.4M | |
Liabilities And Stockholders Equity | 171.8M | 163.5M | 160.9M | 159.3M | 183.2M | 282.5M | |
Non Current Liabilities Total | 21.4M | 19.6M | 19.0M | 14.8M | 13.3M | 12.7M | |
Inventory | 6.4M | 4.8M | 4.7M | 6.8M | 6.1M | 11.5M | |
Other Current Assets | 5.5M | 3.4M | 3.1M | 2.8M | 2.6M | 2.4M | |
Other Stockholder Equity | 160.7M | 159.2M | 160.3M | 160.8M | 184.9M | 121.6M | |
Total Liab | 30.1M | 27.6M | 25.3M | 43.4M | 39.1M | 66.0M | |
Property Plant And Equipment Gross | 16.5M | 21.2M | 24.5M | 24.4M | 22.0M | 42.5M | |
Total Current Assets | 145.2M | 132.3M | 126.4M | 125.0M | 143.8M | 215.6M | |
Accumulated Other Comprehensive Income | 668K | (336K) | (2.0M) | (4.2M) | (4.9M) | (5.1M) | |
Accounts Payable | 4.7M | 3.3M | 2.5M | 4.5M | 4.1M | 3.9M | |
Short Term Investments | 116.9M | 74.9M | 97.6M | 101.2M | 116.4M | 104.4M | |
Other Liab | 18.7M | 21.1M | 19.5M | 18.8M | 21.6M | 16.7M | |
Other Assets | 268K | 141K | 122K | 108K | 124.2K | 118.0K | |
Treasury Stock | (14.9M) | (9.9M) | (9.2M) | (10.8M) | (12.4M) | (13.0M) | |
Property Plant Equipment | 16.1M | 21.2M | 24.5M | 24.4M | 22.0M | 40.9M | |
Intangible Assets | 28K | 21K | 14K | 7K | 6.3K | 6.0K | |
Net Tangible Assets | 149.2M | 141.7M | 126.1M | 125.8M | 113.3M | 146.9M | |
Capital Surpluse | 169.9M | 170.0M | 169.7M | 169.9M | 195.4M | 183.3M | |
Non Current Liabilities Other | 20.6M | 4.4M | 4.5M | 1.8M | 2.0M | 1.9M |
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 Park Electrochemical 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, Park Electrochemical's short interest history, or implied volatility extrapolated from Park Electrochemical options trading.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Electrochemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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Is Park Electrochemical'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 Park Electrochemical. If investors know Park 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 Park Electrochemical 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 (0.46) | Dividend Share 0.475 | Earnings Share 0.47 | Revenue Per Share 2.613 | Quarterly Revenue Growth (0.16) |
The market value of Park Electrochemical is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Electrochemical's value that differs from its market value or its book value, called intrinsic value, which is Park Electrochemical'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 Park Electrochemical's market value can be influenced by many factors that don't directly affect Park Electrochemical'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 Park Electrochemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Electrochemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Electrochemical'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.