| CAD Stock | | | CAD 1.86 0.07 3.91% |
Colonial Coal financial indicator trend analysis is way more than just evaluating Colonial Coal Intern prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colonial Coal Intern is a good investment. Please check the relationship between Colonial Coal Gross Profit and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Colonial Coal International. 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.
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
Colonial Coal Intern Gross Profit account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Colonial Coal's Gross Profit and Operating Income is 0.77. 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 Colonial Coal International, assuming nothing else is changed. The correlation between historical values of Colonial Coal'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 Colonial Coal International 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., Colonial Coal's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Colonial Coal International minus its cost of goods sold. It is profit before Colonial Coal 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 Colonial Coal Intern 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 Colonial Coal International 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 Colonial Coal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colonial Coal Intern 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 Colonial Coal International. 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.
At this time, Colonial Coal's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 18.09 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3
M in 2024.
Colonial Coal fundamental ratios Correlations
Click cells to compare fundamentals
Colonial Coal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colonial Coal fundamental ratios Accounts
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Additional Tools for Colonial Stock Analysis
When running Colonial Coal's price analysis, check to
measure Colonial Coal'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 Colonial Coal is operating at the current time. Most of Colonial Coal's value examination focuses on studying past and present price action to
predict the probability of Colonial Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colonial Coal's price. Additionally, you may evaluate how the addition of Colonial Coal to your portfolios can decrease your overall portfolio volatility.