A1M Stock | | | 0.33 0.01 3.13% |
AIC Mines financial indicator trend analysis is way more than just evaluating AIC Mines Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AIC Mines Limited is a good investment. Please check the relationship between AIC Mines Total Other Income Expense Net and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AIC Mines Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Other Income Expense Net vs Cost Of Revenue
Total Other Income Expense Net vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AIC Mines Limited Total Other Income Expense Net account and
Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AIC Mines' Total Other Income Expense Net and Cost Of Revenue is -0.12. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of AIC Mines Limited, assuming nothing else is changed. The correlation between historical values of AIC Mines' Total Other Income Expense Net 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 Total Other Income Expense Net of AIC Mines Limited 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 Total Other Income Expense Net i.e., AIC Mines' Total Other Income Expense Net and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Other Income Expense Net
Cost Of Revenue
Cost of Revenue is found on AIC Mines Limited income statement and represents the costs associated with goods and services AIC Mines 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 AIC Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AIC Mines Limited 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in AIC Mines Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 3.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 5.3
M in 2024.
AIC Mines fundamental ratios Correlations
Click cells to compare fundamentals
AIC Mines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AIC Mines fundamental ratios Accounts
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Additional Tools for AIC Stock Analysis
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measure AIC Mines' 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 AIC Mines is operating at the current time. Most of AIC Mines' value examination focuses on studying past and present price action to
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