Correct,
Alternatively Though: you could also do a google sheets helper page pass through, per my response in the other topic here. to combine 6 sequential calculations into 2 operations.
I use this method to combine tens of thousands of calculations across whole datasets into two make operations.
There are a lot of strategies for optimizing operations use: but also want to be careful not to blindly recommend more optimization methods not knowing what formulas are used in each module and where each variable is called. It could lead you down unproductive rabbit holes/wasted time as you learn the platform