BeMetals Gross Profit vs Ebitda Analysis

BMET Stock  CAD 0.05  0.01  9.09%   
BeMetals Corp financial indicator trend analysis is way more than just evaluating BeMetals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BeMetals Corp is a good investment. Please check the relationship between BeMetals Corp Gross Profit and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BeMetals 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 estimate.

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BeMetals Corp Gross Profit account and Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BeMetals Corp's Gross Profit and Ebitda is -0.3. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda in the same time period over historical financial statements of BeMetals Corp, assuming nothing else is changed. The correlation between historical values of BeMetals Corp's Gross Profit and Ebitda 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 BeMetals Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., BeMetals Corp's Gross Profit and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of BeMetals Corp minus its cost of goods sold. It is profit before BeMetals Corp 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.

Ebitda

Most indicators from BeMetals Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BeMetals 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 BeMetals 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 estimate.
Enterprise Value is likely to climb to about 25 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.
 2023 2024 (projected)
Other Operating Expenses2.5M2.6M
Gross Profit2.9K2.1K

BeMetals Corp fundamental ratios Correlations

0.180.980.28-0.870.710.990.990.950.030.90.720.770.830.750.590.680.660.980.990.970.74-0.560.950.97-0.56
0.180.17-0.01-0.160.130.180.10.25-0.180.050.140.140.010.410.20.350.250.140.170.180.00.00.090.150.0
0.980.170.08-0.740.80.950.940.89-0.030.840.550.850.720.710.540.640.580.930.930.980.82-0.420.910.93-0.42
0.28-0.010.08-0.66-0.40.370.410.420.360.440.83-0.310.720.240.20.210.490.440.430.15-0.33-0.840.350.3-0.84
-0.87-0.16-0.74-0.66-0.42-0.89-0.92-0.92-0.12-0.89-0.96-0.5-0.91-0.71-0.7-0.64-0.74-0.93-0.93-0.8-0.470.72-0.88-0.880.72
0.710.130.8-0.4-0.420.620.630.58-0.240.550.160.990.240.480.570.440.220.610.610.790.990.130.640.70.13
0.990.180.950.37-0.890.620.990.960.070.910.770.690.880.760.560.680.70.990.990.950.66-0.650.950.96-0.65
0.990.10.940.41-0.920.630.990.960.090.930.790.70.890.720.60.660.691.01.00.950.68-0.650.950.96-0.65
0.950.250.890.42-0.920.580.960.960.00.940.810.650.860.850.680.840.80.960.970.90.61-0.650.90.92-0.65
0.03-0.18-0.030.36-0.12-0.240.070.090.00.060.2-0.20.24-0.13-0.17-0.19-0.120.090.08-0.05-0.21-0.360.030.0-0.36
0.90.050.840.44-0.890.550.910.930.940.060.770.620.890.770.760.740.740.930.930.860.6-0.650.890.89-0.65
0.720.140.550.83-0.960.160.770.790.810.20.770.250.890.620.570.560.70.810.810.620.22-0.810.730.72-0.81
0.770.140.85-0.31-0.50.990.690.70.65-0.20.620.250.330.530.60.490.280.680.680.830.990.030.70.750.03
0.830.010.720.72-0.910.240.880.890.860.240.890.890.330.620.490.560.720.90.90.740.31-0.870.850.81-0.87
0.750.410.710.24-0.710.480.760.720.85-0.130.770.620.530.620.70.880.750.720.750.710.49-0.450.660.7-0.45
0.590.20.540.2-0.70.570.560.60.68-0.170.760.570.60.490.70.660.570.60.620.630.58-0.170.650.67-0.17
0.680.350.640.21-0.640.440.680.660.84-0.190.740.560.490.560.880.660.810.640.670.630.43-0.410.590.62-0.41
0.660.250.580.49-0.740.220.70.690.8-0.120.740.70.280.720.750.570.810.690.710.640.25-0.540.70.69-0.54
0.980.140.930.44-0.930.610.991.00.960.090.930.810.680.90.720.60.640.691.00.940.65-0.670.950.96-0.67
0.990.170.930.43-0.930.610.991.00.970.080.930.810.680.90.750.620.670.711.00.940.65-0.660.950.96-0.66
0.970.180.980.15-0.80.790.950.950.9-0.050.860.620.830.740.710.630.630.640.940.940.82-0.390.970.98-0.39
0.740.00.82-0.33-0.470.990.660.680.61-0.210.60.220.990.310.490.580.430.250.650.650.820.060.690.740.06
-0.560.0-0.42-0.840.720.13-0.65-0.65-0.65-0.36-0.65-0.810.03-0.87-0.45-0.17-0.41-0.54-0.67-0.66-0.390.06-0.5-0.471.0
0.950.090.910.35-0.880.640.950.950.90.030.890.730.70.850.660.650.590.70.950.950.970.69-0.50.99-0.5
0.970.150.930.3-0.880.70.960.960.920.00.890.720.750.810.70.670.620.690.960.960.980.74-0.470.99-0.47
-0.560.0-0.42-0.840.720.13-0.65-0.65-0.65-0.36-0.65-0.810.03-0.87-0.45-0.17-0.41-0.54-0.67-0.66-0.390.061.0-0.5-0.47
Click cells to compare fundamentals

BeMetals Corp Account Relationship Matchups

BeMetals Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.9M16.3M36.0M28.9M30.3M31.9M
Total Current Liabilities1.4M81.5K135.4K376.9K211.6K210.8K
Total Stockholder Equity9.5M16.3M35.8M21.7M20.8M21.8M
Net Debt(1.2M)(3.2M)(6.4M)894.9K8.8M9.2M
Retained Earnings(4.6M)(5.9M)(8.5M)(23.2M)(25.2M)(23.9M)
Cash1.2M3.2M6.4M6.0M562.4K534.2K
Non Current Assets Total9.6M13.1M29.4M22.7M29.4M30.8M
Cash And Short Term Investments1.2M3.2M6.4M6.0M6.9M7.3M
Common Stock Shares Outstanding91.5M112.6M161.1M177.4M204.0M214.2M
Liabilities And Stockholders Equity10.9M16.3M36.0M28.9M33.3M35.0M
Other Stockholder Equity621.3K670.9K1.8M3.4M3.9M4.1M
Total Liab1.4M81.5K135.4K7.3M9.6M10.0M
Total Current Assets1.3M3.3M6.6M6.3M983.7K1.4M
Net Receivables3.2K11.0K156.3K129.2K327.0K343.3K
Accounts Payable62.3K81.5K135.4K376.9K211.6K108.1K
Accumulated Other Comprehensive Income670.9K1.8M3.4M4.0M4.6M4.8M
Net Tangible Assets1.3M9.5M16.3M35.8M41.2M43.3M
Common Stock4.5M13.4M20.4M40.9M47.0M49.4M
Net Invested Capital9.5M16.3M35.8M28.6M30.1M19.1M
Net Working Capital(100.8K)3.2M6.5M5.9M772.1K733.5K
Property Plant And Equipment Net6.3M9.2M24.4M22.0M29.0M17.3M

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