AZT Stock | | | CAD 0.19 0.01 5.56% |
Aztec Minerals financial indicator trend analysis is way more than just evaluating Aztec Minerals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aztec Minerals Corp is a good investment. Please check the relationship between Aztec Minerals Ebitda and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aztec Minerals Corp. 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.
Ebitda vs Total Operating Expenses
Ebitda vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aztec Minerals Corp Ebitda account and
Total Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aztec Minerals' Ebitda and Total Operating Expenses is -0.26. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Aztec Minerals Corp, assuming nothing else is changed. The correlation between historical values of Aztec Minerals' Ebitda and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Aztec Minerals Corp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Ebitda i.e., Aztec Minerals' Ebitda and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebitda
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Aztec Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aztec Minerals Corp 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 Aztec Minerals Corp. 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.
Selling General Administrative is likely to climb to about 1.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 2.1
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 1.4M | 1.7M | 1.9M | 1.4M | Cost Of Revenue | 1.7K | 1.5K | 848.0 | 805.6 |
Aztec Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Aztec Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aztec Minerals fundamental ratios Accounts
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