CEY Stock | | | 146.00 4.00 2.82% |
Centamin PLC financial indicator trend analysis is way more than just evaluating Centamin PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centamin PLC is a good investment. Please check the relationship between Centamin PLC Interest Income and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Centamin PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Interest Income vs Cost Of Revenue
Interest Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centamin PLC Interest Income account and
Cost Of Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Centamin PLC's Interest Income and Cost Of Revenue is 0.37. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Centamin PLC, assuming nothing else is changed. The correlation between historical values of Centamin PLC's Interest Income 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 Interest Income of Centamin PLC 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 Interest Income i.e., Centamin PLC's Interest Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Cost Of Revenue
Cost of Revenue is found on Centamin PLC income statement and represents the costs associated with goods and services Centamin PLC 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 Centamin PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centamin PLC 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 Centamin PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Centamin PLC's
Tax Provision is projected to decrease significantly based on the last few years of reporting.
Centamin PLC fundamental ratios Correlations
Click cells to compare fundamentals
Centamin PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centamin PLC fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Centamin Stock
Balance Sheet is a snapshot of the
financial position of Centamin PLC at a specified time, usually calculated after every quarter, six months, or one year. Centamin PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centamin PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Centamin currently owns. An asset can also be divided into two categories, current and non-current.