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 Income Tax Expense and its Net Income From Continuing Ops 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.
Income Tax Expense vs Net Income From Continuing Ops
Income Tax Expense vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Colonial Coal Intern Income Tax Expense account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Colonial Coal's Income Tax Expense and Net Income From Continuing Ops is -0.02. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income From Continuing Ops 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 Income Tax Expense and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Colonial Coal International are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Tax Expense i.e., Colonial Coal's Income Tax Expense and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Tax Expense
Net Income From Continuing Ops
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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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
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