| BARU Stock | | | CAD 0.06 0.01 14.29% |
Baru Gold financial indicator trend analysis is way more than just evaluating Baru Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baru Gold Corp is a good investment. Please check the relationship between Baru Gold Gross Profit and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Baru Gold 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 employment.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Baru Gold Corp Gross Profit account and
Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Baru Gold's Gross Profit and Operating Income is 0.08. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Baru Gold Corp, assuming nothing else is changed. The correlation between historical values of Baru Gold's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Baru Gold Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Baru Gold's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Baru Gold Corp minus its cost of goods sold. It is profit before Baru Gold operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Operating Income
Operating Income is the amount of profit realized from Baru Gold Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Baru Gold Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Baru Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baru Gold 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 Baru Gold 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 employment.
Selling General Administrative is likely to drop to about 1.2
M in 2025.
Issuance Of Capital Stock is likely to drop to about 736.2
K in 2025
Baru Gold fundamental ratios Correlations
Click cells to compare fundamentals
Baru Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baru Gold fundamental ratios Accounts
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Additional Tools for Baru Stock Analysis
When running Baru Gold's price analysis, check to
measure Baru Gold'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 Baru Gold is operating at the current time. Most of Baru Gold's value examination focuses on studying past and present price action to
predict the probability of Baru Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baru Gold's price. Additionally, you may evaluate how the addition of Baru Gold to your portfolios can decrease your overall portfolio volatility.