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 Total Operating Expenses and its Ebit 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.
Total Operating Expenses vs Ebit
Total Operating Expenses vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aztec Minerals Corp Total Operating Expenses account and
Ebit. At this time, the significance of the direction appears to have pay attention.
The correlation between Aztec Minerals' Total Operating Expenses and Ebit is -0.95. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebit 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' Total Operating Expenses and Ebit 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 Operating Expenses of Aztec Minerals Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Operating Expenses i.e., Aztec Minerals' Total Operating Expenses and Ebit go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.
Ebit
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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Additional Tools for Aztec Stock Analysis
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