Gorilla Cost Of Revenue vs Gross Profit Analysis

GRRRW Stock  USD 0.05  0  3.76%   
Gorilla Technology financial indicator trend analysis is much more than just examining Gorilla Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gorilla Technology is a good investment. Please check the relationship between Gorilla Technology Cost Of Revenue and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gorilla Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

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 Gorilla Technology Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Gorilla Technology's Cost Of Revenue and Gross Profit is 0.1. 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 Gorilla Technology Group, assuming nothing else is changed. The correlation between historical values of Gorilla Technology'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 Gorilla Technology Group 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., Gorilla Technology's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Gorilla Technology income statement and represents the costs associated with goods and services Gorilla Technology 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 Gorilla Technology Group minus its cost of goods sold. It is profit before Gorilla Technology 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 Gorilla Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gorilla Technology 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 Gorilla Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Gorilla Technology's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 17.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 15.5 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8.7M7.6M1.2M1.2M
Interest Income37.9K235.9K770.4K808.9K

Gorilla Technology fundamental ratios Correlations

0.760.320.580.520.060.030.790.110.28-0.710.620.05-0.270.070.73-0.960.51-0.270.36-0.140.5-0.040.60.630.58
0.760.40.590.160.16-0.310.90.060.42-0.790.440.00.03-0.170.64-0.790.470.020.76-0.090.39-0.120.650.30.46
0.320.40.87-0.62-0.83-0.880.51-0.880.87-0.77-0.520.86-0.790.74-0.26-0.370.96-0.8-0.1-0.90.940.810.87-0.470.92
0.580.590.87-0.29-0.65-0.750.79-0.660.91-0.84-0.130.78-0.620.630.18-0.530.87-0.630.15-0.730.820.70.99-0.040.84
0.520.16-0.62-0.290.70.820.120.82-0.570.170.94-0.660.37-0.480.76-0.41-0.440.380.280.66-0.39-0.66-0.30.95-0.33
0.060.16-0.83-0.650.70.76-0.060.98-0.720.350.76-0.970.87-0.950.59-0.06-0.750.880.530.89-0.77-0.98-0.60.59-0.71
0.03-0.31-0.88-0.750.820.76-0.410.87-0.880.570.65-0.840.51-0.60.360.01-0.730.52-0.050.76-0.67-0.78-0.760.64-0.63
0.790.90.510.790.12-0.06-0.41-0.120.66-0.890.380.24-0.110.030.67-0.760.59-0.120.57-0.330.50.130.830.320.56
0.110.06-0.88-0.660.820.980.87-0.12-0.780.420.82-0.960.8-0.870.61-0.07-0.770.810.420.91-0.77-0.96-0.630.7-0.71
0.280.420.870.91-0.57-0.72-0.880.66-0.78-0.78-0.40.83-0.530.58-0.03-0.270.82-0.540.01-0.850.740.760.92-0.350.74
-0.71-0.79-0.77-0.840.170.350.57-0.890.42-0.78-0.03-0.440.42-0.26-0.350.78-0.850.43-0.250.65-0.78-0.35-0.880.02-0.83
0.620.44-0.52-0.130.940.760.650.380.82-0.4-0.03-0.650.49-0.590.92-0.51-0.360.50.560.64-0.36-0.7-0.110.95-0.28
0.050.00.860.78-0.66-0.97-0.840.24-0.960.83-0.44-0.65-0.810.92-0.420.00.77-0.82-0.34-0.870.770.990.74-0.480.72
-0.270.03-0.79-0.620.370.870.51-0.110.8-0.530.420.49-0.81-0.930.410.29-0.821.00.530.8-0.89-0.82-0.560.31-0.85
0.07-0.170.740.63-0.48-0.95-0.60.03-0.870.58-0.26-0.590.92-0.93-0.49-0.020.69-0.93-0.51-0.760.760.940.55-0.360.7
0.730.64-0.260.180.760.590.360.670.61-0.03-0.350.92-0.420.41-0.49-0.62-0.110.410.630.37-0.16-0.50.210.86-0.07
-0.96-0.79-0.37-0.53-0.41-0.060.01-0.76-0.07-0.270.78-0.510.00.29-0.02-0.62-0.580.29-0.310.21-0.570.08-0.56-0.47-0.64
0.510.470.960.87-0.44-0.75-0.730.59-0.770.82-0.85-0.360.77-0.820.69-0.11-0.58-0.82-0.13-0.880.990.710.87-0.310.99
-0.270.02-0.8-0.630.380.880.52-0.120.81-0.540.430.5-0.821.0-0.930.410.29-0.820.520.8-0.89-0.83-0.570.31-0.86
0.360.76-0.10.150.280.53-0.050.570.420.01-0.250.56-0.340.53-0.510.63-0.31-0.130.520.46-0.21-0.440.220.41-0.16
-0.14-0.09-0.9-0.730.660.890.76-0.330.91-0.850.650.64-0.870.8-0.760.370.21-0.880.80.46-0.87-0.85-0.720.56-0.84
0.50.390.940.82-0.39-0.77-0.670.5-0.770.74-0.78-0.360.77-0.890.76-0.16-0.570.99-0.89-0.21-0.870.730.81-0.281.0
-0.04-0.120.810.7-0.66-0.98-0.780.13-0.960.76-0.35-0.70.99-0.820.94-0.50.080.71-0.83-0.44-0.850.730.65-0.50.67
0.60.650.870.99-0.3-0.6-0.760.83-0.630.92-0.88-0.110.74-0.560.550.21-0.560.87-0.570.22-0.720.810.65-0.050.83
0.630.3-0.47-0.040.950.590.640.320.7-0.350.020.95-0.480.31-0.360.86-0.47-0.310.310.410.56-0.28-0.5-0.05-0.22
0.580.460.920.84-0.33-0.71-0.630.56-0.710.74-0.83-0.280.72-0.850.7-0.07-0.640.99-0.86-0.16-0.841.00.670.83-0.22
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Gorilla Technology Account Relationship Matchups

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