| TGS Stock | | | USD 29.39 0.01 0.03% |
Transportadora financial indicator trend analysis is much more than just breaking down Transportadora de Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transportadora de Gas is a good investment. Please check the relationship between Transportadora Ebit and its Cost Of Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Transportadora de Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Ebit vs Cost Of Revenue
Ebit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Transportadora de Gas Ebit account and
Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Transportadora's Ebit and Cost Of Revenue is 0.84. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Transportadora de Gas, assuming nothing else is changed. The correlation between historical values of Transportadora's Ebit 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 Ebit of Transportadora de Gas 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 Ebit i.e., Transportadora's Ebit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Ebit
Cost Of Revenue
Cost of Revenue is found on Transportadora de Gas income statement and represents the costs associated with goods and services Transportadora 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 Transportadora's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transportadora de Gas 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Transportadora de Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Transportadora's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 17
B in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
Transportadora fundamental ratios Correlations
Click cells to compare fundamentals
Transportadora Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Transportadora fundamental ratios Accounts
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Additional Tools for Transportadora Stock Analysis
When running Transportadora's price analysis, check to
measure Transportadora'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 Transportadora is operating at the current time. Most of Transportadora's value examination focuses on studying past and present price action to
predict the probability of Transportadora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transportadora's price. Additionally, you may evaluate how the addition of Transportadora to your portfolios can decrease your overall portfolio volatility.