RBLX Stock | | | USD 59.56 0.55 0.91% |
Roblox Corp financial indicator trend analysis is much more than just breaking down Roblox Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roblox Corp is a good investment. Please check the relationship between Roblox Corp Net Income From Continuing Ops and its Cost Of Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roblox Corp. 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.
For more information on how to buy Roblox Stock please use our
How to Invest in Roblox Corp guide.
Net Income From Continuing Ops vs Cost Of Revenue
Net Income From Continuing Ops vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Roblox Corp Net Income From Continuing Ops account and
Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Roblox Corp's Net Income From Continuing Ops and Cost Of Revenue is -0.92. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Roblox Corp, assuming nothing else is changed. The correlation between historical values of Roblox Corp's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Roblox Corp 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 Net Income From Continuing Ops i.e., Roblox Corp's Net Income From Continuing Ops and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income From Continuing Ops
Cost Of Revenue
Cost of Revenue is found on Roblox Corp income statement and represents the costs associated with goods and services Roblox Corp 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 Roblox Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roblox Corp 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 Roblox Corp. 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.
For more information on how to buy Roblox Stock please use our
How to Invest in Roblox Corp guide.At this time, Roblox Corp's
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to rise to about 1.2
B in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 50.6
M in 2024.
Roblox Corp fundamental ratios Correlations
Click cells to compare fundamentals
Roblox Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roblox Corp fundamental ratios Accounts
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Additional Tools for Roblox Stock Analysis
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measure Roblox Corp's 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 Roblox Corp is operating at the current time. Most of Roblox Corp's value examination focuses on studying past and present price action to
predict the probability of Roblox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roblox Corp's price. Additionally, you may evaluate how the addition of Roblox Corp to your portfolios can decrease your overall portfolio volatility.