Leonardo Cost Of Revenue vs Selling General Administrative Analysis

DRS Stock   27.87  0.10  0.36%   
Leonardo DRS, financial indicator trend analysis is infinitely more than just investigating Leonardo DRS, Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leonardo DRS, Common is a good investment. Please check the relationship between Leonardo DRS, Cost Of Revenue and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS, Common. 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 Selling General Administrative

Cost Of Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leonardo DRS, Common Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Leonardo DRS,'s Cost Of Revenue and Selling General Administrative is 0.98. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Leonardo DRS, Common, assuming nothing else is changed. The correlation between historical values of Leonardo DRS,'s Cost Of Revenue and Selling General Administrative 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 Leonardo DRS, Common are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Leonardo DRS,'s Cost Of Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Leonardo DRS, Common income statement and represents the costs associated with goods and services Leonardo DRS, 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.

Selling General Administrative

Most indicators from Leonardo DRS,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leonardo DRS, Common 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS, Common. 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, Leonardo DRS,'s Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 12.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit547M575M626M429.7M
Total Revenue2.9B2.7B2.8B2.2B

Leonardo DRS, fundamental ratios Correlations

0.990.98-0.970.930.480.791.00.910.640.650.990.821.00.981.00.720.910.840.990.58-0.860.79-0.860.830.86
0.990.96-0.980.920.50.741.00.880.560.580.980.811.00.990.990.650.940.790.990.52-0.830.75-0.810.780.8
0.980.96-0.920.890.420.830.970.920.710.720.990.810.970.930.990.780.850.880.960.67-0.90.85-0.920.890.92
-0.97-0.98-0.92-0.94-0.52-0.75-0.98-0.84-0.57-0.58-0.95-0.84-0.98-0.98-0.95-0.65-0.93-0.8-0.97-0.510.83-0.750.78-0.78-0.78
0.930.920.89-0.940.50.860.920.870.770.780.930.940.920.930.920.820.850.890.880.61-0.80.77-0.770.840.83
0.480.50.42-0.520.50.330.50.620.210.220.460.420.490.530.470.280.50.360.470.05-0.30.28-0.280.290.28
0.790.740.83-0.750.860.330.760.810.920.930.790.90.750.710.80.960.640.990.720.9-0.870.85-0.90.960.93
1.01.00.97-0.980.920.50.760.890.60.610.990.811.00.990.990.680.930.810.990.54-0.840.77-0.830.80.82
0.910.880.92-0.840.870.620.810.890.710.720.920.80.890.860.920.780.790.840.870.56-0.80.75-0.830.820.86
0.640.560.71-0.570.770.210.920.60.711.00.680.790.590.540.660.990.410.920.530.84-0.770.81-0.770.890.86
0.650.580.72-0.580.780.220.930.610.721.00.690.80.60.550.670.990.430.930.550.84-0.780.82-0.780.90.86
0.990.980.99-0.950.930.460.790.990.920.680.690.820.980.960.990.750.880.850.970.58-0.870.81-0.860.840.88
0.820.810.81-0.840.940.420.90.810.80.790.80.820.810.820.830.830.830.890.790.64-0.760.66-0.740.850.85
1.01.00.97-0.980.920.490.751.00.890.590.60.980.810.990.990.670.930.810.990.54-0.850.78-0.840.80.82
0.980.990.93-0.980.930.530.710.990.860.540.550.960.820.990.970.620.950.760.980.47-0.770.7-0.760.730.76
1.00.990.99-0.950.920.470.80.990.920.660.670.990.830.990.970.740.90.850.980.61-0.860.8-0.880.840.87
0.720.650.78-0.650.820.280.960.680.780.990.990.750.830.670.620.740.50.970.630.87-0.840.87-0.850.940.91
0.910.940.85-0.930.850.50.640.930.790.410.430.880.830.930.950.90.50.670.940.37-0.680.52-0.670.650.71
0.840.790.88-0.80.890.360.990.810.840.920.930.850.890.810.760.850.970.670.780.88-0.910.9-0.930.980.94
0.990.990.96-0.970.880.470.720.990.870.530.550.970.790.990.980.980.630.940.780.52-0.850.75-0.840.790.82
0.580.520.67-0.510.610.050.90.540.560.840.840.580.640.540.470.610.870.370.880.52-0.780.82-0.870.870.82
-0.86-0.83-0.90.83-0.8-0.3-0.87-0.84-0.8-0.77-0.78-0.87-0.76-0.85-0.77-0.86-0.84-0.68-0.91-0.85-0.78-0.960.95-0.96-0.93
0.790.750.85-0.750.770.280.850.770.750.810.820.810.660.780.70.80.870.520.90.750.82-0.96-0.920.930.86
-0.86-0.81-0.920.78-0.77-0.28-0.9-0.83-0.83-0.77-0.78-0.86-0.74-0.84-0.76-0.88-0.85-0.67-0.93-0.84-0.870.95-0.92-0.96-0.96
0.830.780.89-0.780.840.290.960.80.820.890.90.840.850.80.730.840.940.650.980.790.87-0.960.93-0.960.98
0.860.80.92-0.780.830.280.930.820.860.860.860.880.850.820.760.870.910.710.940.820.82-0.930.86-0.960.98
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Leonardo DRS, Account Relationship Matchups

Leonardo DRS, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.0B3.1B3.7B4.0B2.3B
Total Current Liabilities1.0B975M989M1.0B1.1B702.4M
Total Stockholder Equity1.0B1.4B1.6B2.1B2.3B1.2B
Retained Earnings(3.2B)(3.1B)(3.0B)(3.0B)(2.8B)(2.9B)
Other Assets163M108M82M158M181.7M190.8M
Cash And Short Term Investments85M61M240M306M467M490.4M
Net Receivables902M889M899M1.0B1.1B661.9M
Liabilities And Stockholders Equity2.9B3.0B3.1B3.7B4.0B2.3B
Capital Surpluse121.2M144.9M203.9M5.1B5.9B6.2B
Inventory209M247M205M319M329M183.6M
Other Current Assets36M33M22M24M63M66.2M
Other Stockholder Equity4.3B4.6B4.6B5.1B5.2B3.3B
Total Liab1.9B1.5B1.5B1.6B1.7B1.1B
Total Current Assets1.3B1.3B1.4B1.7B1.9B1.0B
Cash And Equivalents13.8M36.3M78.7M306M351.9M369.5M
Short Term Debt77M75M65M29M80M44.9M
Property Plant Equipment348M443M448M404M464.6M259.9M

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Additional Tools for Leonardo Stock Analysis

When running Leonardo DRS,'s price analysis, check to measure Leonardo DRS,'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 Leonardo DRS, is operating at the current time. Most of Leonardo DRS,'s value examination focuses on studying past and present price action to predict the probability of Leonardo DRS,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leonardo DRS,'s price. Additionally, you may evaluate how the addition of Leonardo DRS, to your portfolios can decrease your overall portfolio volatility.