ResMed Cost Of Revenue vs Ebit Analysis

RMD Stock  USD 247.21  1.48  0.60%   
ResMed financial indicator trend analysis is much more than just breaking down ResMed Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ResMed Inc is a good investment. Please check the relationship between ResMed Cost Of Revenue and its Ebit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ResMed Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Cost Of Revenue vs Ebit

Cost Of Revenue vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ResMed Inc Cost Of Revenue account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between ResMed's Cost Of Revenue and Ebit is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of ResMed Inc, assuming nothing else is changed. The correlation between historical values of ResMed's Cost Of Revenue and Ebit 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 ResMed Inc are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Cost Of Revenue i.e., ResMed's Cost Of Revenue and Ebit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on ResMed Inc income statement and represents the costs associated with goods and services ResMed 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.

Ebit

Most indicators from ResMed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ResMed Inc 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 ResMed Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, ResMed's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 451 M, whereas Issuance Of Capital Stock is forecasted to decline to about 49.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.4B2.6B2.7B
Total Revenue3.6B4.2B4.7B4.9B

ResMed fundamental ratios Correlations

0.580.810.890.970.920.740.980.95-0.330.980.54-0.330.970.560.80.950.930.620.910.88-0.170.90.850.460.71
0.580.310.460.390.430.790.460.39-0.110.590.57-0.110.440.40.90.50.360.070.830.450.140.750.150.480.5
0.810.310.90.780.770.640.780.77-0.520.850.62-0.520.80.430.570.750.730.620.740.58-0.370.780.660.350.72
0.890.460.90.870.860.630.880.87-0.280.890.49-0.280.890.570.630.790.790.510.820.760.040.810.770.480.61
0.970.390.780.870.930.590.990.97-0.290.930.42-0.290.970.540.650.950.970.680.790.91-0.190.780.930.420.65
0.920.430.770.860.930.470.920.89-0.050.840.44-0.050.910.750.620.860.880.550.760.95-0.120.70.830.640.53
0.740.790.640.630.590.470.640.6-0.650.830.69-0.650.620.140.920.720.60.450.90.4-0.230.940.370.140.82
0.980.460.780.880.990.920.640.98-0.310.950.47-0.30.980.560.70.940.950.60.830.9-0.150.820.90.450.64
0.950.390.770.870.970.890.60.98-0.30.930.34-0.30.970.520.650.880.910.580.790.85-0.180.80.940.40.64
-0.33-0.11-0.52-0.28-0.29-0.05-0.65-0.31-0.3-0.48-0.521.0-0.290.39-0.35-0.42-0.36-0.53-0.360.10.59-0.5-0.180.35-0.73
0.980.590.850.890.930.840.830.950.93-0.480.59-0.480.940.450.830.930.890.640.930.78-0.240.950.80.370.79
0.540.570.620.490.420.440.690.470.34-0.520.59-0.520.460.330.660.570.460.270.660.31-0.320.630.090.380.52
-0.33-0.11-0.52-0.28-0.29-0.05-0.65-0.3-0.31.0-0.48-0.52-0.290.4-0.35-0.42-0.36-0.53-0.360.10.59-0.5-0.180.35-0.73
0.970.440.80.890.970.910.620.980.97-0.290.940.46-0.290.610.690.890.90.550.830.88-0.160.830.90.50.6
0.560.40.430.570.540.750.140.560.520.390.450.330.40.610.410.410.41-0.030.510.730.170.40.440.920.01
0.80.90.570.630.650.620.920.70.65-0.350.830.66-0.350.690.410.740.620.350.960.59-0.150.930.420.390.7
0.950.50.750.790.950.860.720.940.88-0.420.930.57-0.420.890.410.740.980.740.820.84-0.260.810.790.330.76
0.930.360.730.790.970.880.60.950.91-0.360.890.46-0.360.90.410.620.980.760.740.87-0.240.730.860.310.71
0.620.070.620.510.680.550.450.60.58-0.530.640.27-0.530.55-0.030.350.740.760.440.48-0.450.490.62-0.110.75
0.910.830.740.820.790.760.90.830.79-0.360.930.66-0.360.830.510.960.820.740.440.71-0.10.980.590.460.73
0.880.450.580.760.910.950.40.90.850.10.780.310.10.880.730.590.840.870.480.710.050.630.820.610.41
-0.170.14-0.370.04-0.19-0.12-0.23-0.15-0.180.59-0.24-0.320.59-0.160.17-0.15-0.26-0.24-0.45-0.10.05-0.2-0.130.16-0.49
0.90.750.780.810.780.70.940.820.8-0.50.950.63-0.50.830.40.930.810.730.490.980.63-0.20.620.360.79
0.850.150.660.770.930.830.370.90.94-0.180.80.09-0.180.90.440.420.790.860.620.590.82-0.130.620.30.5
0.460.480.350.480.420.640.140.450.40.350.370.380.350.50.920.390.330.31-0.110.460.610.160.360.30.05
0.710.50.720.610.650.530.820.640.64-0.730.790.52-0.730.60.010.70.760.710.750.730.41-0.490.790.50.05
Click cells to compare fundamentals

ResMed Account Relationship Matchups

ResMed fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B4.7B5.1B6.8B6.9B7.2B
Short Long Term Debt Total1.3B793.7M917.6M1.6B873.9M448.1M
Other Current Liab335.1M628.6M389.6M437.9M485.2M509.5M
Total Current Liabilities602.8M911.8M689.3M758.5M910.7M956.2M
Total Stockholder Equity2.5B2.9B3.4B4.1B4.9B5.1B
Property Plant And Equipment Net535.7M592.1M630.5M665.8M699.1M734.1M
Net Debt836.1M498.4M643.8M1.4B635.6M667.4M
Retained Earnings2.8B3.1B3.6B4.3B5.0B5.2B
Accounts Payable135.8M138.0M159.2M150.8M237.7M249.6M
Cash463.2M295.3M273.7M227.9M238.4M333.5M
Non Current Assets Total3.1B3.2B3.2B4.4B4.5B4.7B
Non Currrent Assets Other189.7M240.8M251.5M395.4M114.2M73.7M
Cash And Short Term Investments463.2M295.3M273.7M227.9M238.4M338.0M
Net Receivables474.6M614.3M576.0M704.9M875.5M919.2M
Common Stock Shares Outstanding145.7M146.5M147.0M147.5M147.6M147.7M
Liabilities And Stockholders Equity4.6B4.7B5.1B6.8B6.9B7.2B
Non Current Liabilities Total1.5B930.7M1.0B1.9B1.1B1.2B
Inventory416.9M457.0M743.9M998.0M822.3M863.4M
Other Current Assets168.7M208.2M337.9M437.0M421.7M442.7M
Other Stockholder Equity(52.6M)(1.1M)59.2M148.8M123.3M129.5M
Total Liab2.1B1.8B1.7B2.6B2.0B2.1B
Total Current Assets1.5B1.6B1.9B2.4B2.4B2.5B
Short Term Debt33.3M35.6M31.8M31.8M35.2M65.6M
Intangible Assets448.2M392.6M345.9M552.3M485.9M510.2M
Property Plant And Equipment Gross535.7M592.1M630.5M665.8M1.4B1.5B
Accumulated Other Comprehensive Income(284.0M)(193.5M)(312.7M)(272.5M)(251.5M)(239.0M)
Common Stock Total Equity571K575K580K583K670.5K417.0K
Common Stock580K583K586K588K676.2K443.7K
Other Assets145.6M240.8M202.3M261.3M300.5M315.5M
Good Will1.9B1.9B1.9B2.8B2.8B3.0B
Property Plant Equipment535.7M592.1M630.5M665.8M765.7M384.1M
Other Liab221.6M172.6M160.0M315.2M362.5M380.6M
Long Term Debt1.2B643.4M765.3M1.4B697.3M482.4M
Current Deferred Revenue98.6M109.6M108.7M138.1M152.6M160.2M
Net Tangible Assets158.5M565.2M1.1B807.3M726.5M632.7M
Long Term Debt Total1.3B1.2B643.4M765.3M880.1M737.7M
Capital Surpluse1.5B1.6B1.6B1.7B1.9B1.5B

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.
When determining whether ResMed Inc is a strong investment it is important to analyze ResMed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ResMed's future performance. For an informed investment choice regarding ResMed Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ResMed Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Health Care Equipment & Supplies space 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 ResMed. If investors know ResMed 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 ResMed 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
0.416
Dividend Share
1.97
Earnings Share
7.54
Revenue Per Share
32.711
Quarterly Revenue Growth
0.111
The market value of ResMed Inc is measured differently than its book value, which is the value of ResMed that is recorded on the company's balance sheet. Investors also form their own opinion of ResMed's value that differs from its market value or its book value, called intrinsic value, which is ResMed'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 ResMed's market value can be influenced by many factors that don't directly affect ResMed'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 ResMed's value and its price as these two are different measures arrived at by different means. Investors typically determine if ResMed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ResMed'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.