MKDWELL Cost Of Revenue vs Depreciation And Amortization Analysis

MKDW Stock   1.43  0.15  11.72%   
MKDWELL Tech financial indicator trend analysis is infinitely more than just investigating MKDWELL Tech Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MKDWELL Tech Ordinary is a good investment. Please check the relationship between MKDWELL Tech Cost Of Revenue and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have no relationship.
The correlation between MKDWELL Tech's Cost Of Revenue and Depreciation And Amortization is 0.09. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of MKDWELL Tech Ordinary, assuming nothing else is changed. The correlation between historical values of MKDWELL Tech's Cost Of Revenue and Depreciation And Amortization 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 MKDWELL Tech Ordinary are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., MKDWELL Tech's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on MKDWELL Tech Ordinary income statement and represents the costs associated with goods and services MKDWELL Tech 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from MKDWELL Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MKDWELL Tech Ordinary 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 MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Selling General Administrative is likely to drop to about 1.2 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.26 in 2024
 2010 2022 2023 2024 (projected)
Interest Expense304.1K390.0K244.4K250.3K
Depreciation And Amortization600.6K528.1K563.0K451.1K

MKDWELL Tech fundamental ratios Correlations

-0.440.860.94-0.84-0.13-0.66-0.470.860.96-0.340.970.850.95-0.34-0.640.80.940.930.910.88-0.730.970.62-0.59-0.62
-0.44-0.58-0.130.510.630.891.0-0.83-0.240.99-0.65-0.82-0.590.990.93-0.82-0.59-0.7-0.45-0.670.93-0.32-0.970.970.89
0.86-0.580.81-1.00.09-0.88-0.580.890.88-0.570.880.930.97-0.57-0.830.670.980.950.980.99-0.770.910.66-0.61-0.86
0.94-0.130.81-0.820.2-0.46-0.150.650.99-0.050.820.670.87-0.05-0.410.540.860.80.90.78-0.460.980.32-0.27-0.42
-0.840.51-1.0-0.82-0.180.840.51-0.84-0.880.51-0.84-0.88-0.950.510.79-0.6-0.96-0.92-0.99-0.970.7-0.91-0.580.530.82
-0.130.630.090.2-0.180.240.66-0.380.160.53-0.31-0.3-0.070.530.34-0.66-0.04-0.20.16-0.050.560.1-0.670.710.24
-0.660.89-0.88-0.460.840.240.88-0.93-0.570.89-0.8-0.95-0.840.890.99-0.77-0.84-0.88-0.78-0.910.92-0.64-0.880.851.0
-0.471.0-0.58-0.150.510.660.88-0.85-0.260.97-0.68-0.83-0.610.970.92-0.85-0.6-0.71-0.46-0.670.95-0.35-0.980.980.88
0.86-0.830.890.65-0.84-0.38-0.93-0.850.74-0.780.961.00.93-0.78-0.930.930.930.980.840.94-0.970.790.92-0.89-0.91
0.96-0.240.880.99-0.880.16-0.57-0.260.74-0.180.870.760.92-0.18-0.520.60.920.860.950.86-0.551.00.41-0.37-0.54
-0.340.99-0.57-0.050.510.530.890.97-0.78-0.18-0.57-0.77-0.541.00.93-0.72-0.54-0.64-0.42-0.640.88-0.26-0.920.910.91
0.97-0.650.880.82-0.84-0.31-0.8-0.680.960.87-0.570.950.96-0.57-0.790.910.950.980.880.93-0.880.90.8-0.78-0.77
0.85-0.820.930.67-0.88-0.3-0.95-0.831.00.76-0.770.950.95-0.77-0.940.890.950.980.870.97-0.950.810.89-0.86-0.93
0.95-0.590.970.87-0.95-0.07-0.84-0.610.930.92-0.540.960.95-0.54-0.810.791.00.990.970.98-0.820.950.71-0.67-0.81
-0.340.99-0.57-0.050.510.530.890.97-0.78-0.181.0-0.57-0.77-0.540.93-0.72-0.54-0.64-0.42-0.640.88-0.26-0.920.910.91
-0.640.93-0.83-0.410.790.340.990.92-0.93-0.520.93-0.79-0.94-0.810.93-0.81-0.81-0.87-0.73-0.880.95-0.59-0.920.90.99
0.8-0.820.670.54-0.6-0.66-0.77-0.850.930.6-0.720.910.890.79-0.72-0.810.770.860.630.77-0.950.650.94-0.93-0.75
0.94-0.590.980.86-0.96-0.04-0.84-0.60.930.92-0.540.950.951.0-0.54-0.810.770.990.980.99-0.810.950.7-0.66-0.82
0.93-0.70.950.8-0.92-0.2-0.88-0.710.980.86-0.640.980.980.99-0.64-0.870.860.990.930.98-0.890.90.81-0.77-0.86
0.91-0.450.980.9-0.990.16-0.78-0.460.840.95-0.420.880.870.97-0.42-0.730.630.980.930.96-0.690.960.56-0.51-0.76
0.88-0.670.990.78-0.97-0.05-0.91-0.670.940.86-0.640.930.970.98-0.64-0.880.770.990.980.96-0.850.90.75-0.71-0.89
-0.730.93-0.77-0.460.70.560.920.95-0.97-0.550.88-0.88-0.95-0.820.880.95-0.95-0.81-0.89-0.69-0.85-0.62-0.990.980.91
0.97-0.320.910.98-0.910.1-0.64-0.350.791.0-0.260.90.810.95-0.26-0.590.650.950.90.960.9-0.620.49-0.45-0.6
0.62-0.970.660.32-0.58-0.67-0.88-0.980.920.41-0.920.80.890.71-0.92-0.920.940.70.810.560.75-0.990.49-1.0-0.88
-0.590.97-0.61-0.270.530.710.850.98-0.89-0.370.91-0.78-0.86-0.670.910.9-0.93-0.66-0.77-0.51-0.710.98-0.45-1.00.85
-0.620.89-0.86-0.420.820.241.00.88-0.91-0.540.91-0.77-0.93-0.810.910.99-0.75-0.82-0.86-0.76-0.890.91-0.6-0.880.85
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MKDWELL Tech Account Relationship Matchups

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