Commerce Ebit vs Ebitda Analysis

CCE Stock

CAD 0.07 0.01 12.50%

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

Ebit vs Ebitda

Ebit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commerce Resources Corp Ebit account and Ebitda. At this time, the significance of the direction appears to have very week relationship.

The correlation between Commerce Resources' Ebit and Ebitda is 0.25. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Commerce Resources Corp, assuming nothing else is changed. The correlation between historical values of Commerce Resources' Ebit 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 Ebit of Commerce Resources 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 Ebit i.e., Commerce Resources' Ebit and Ebitda go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Ebit

Ebitda

Most indicators from Commerce Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commerce Resources 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 Commerce Resources 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 1.3 M in 2025, despite the fact that Tax Provision is likely to grow to (389.5 K).

Commerce Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Net Tangible Assets	Other Assets	Long Term Investments
Total Assets		0.17	0.06	0.1	1.0	0.13	-0.44	-0.92	0.25	0.5	0.84	0.36	0.39	-0.14	0.59	-0.14	0.1	0.28	-0.83	-0.05	-0.06	-0.01	0.53	0.75	-0.64	-0.44
Short Long Term Debt Total	0.17		0.19	0.58	0.15	0.79	0.36	-0.4	0.7	-0.41	0.27	-0.49	-0.22	0.21	-0.25	0.28	0.62	-0.03	-0.62	0.19	0.45	0.08	-0.02	-0.28	-0.07	0.01
Other Current Liab	0.06	0.19		0.69	0.03	0.09	0.19	-0.02	0.33	-0.23	0.06	-0.05	-0.01	-0.01	-0.28	0.19	0.71	-0.08	-0.22	0.29	0.56	0.01	-0.49	-0.22	0.06	0.24
Total Current Liabilities	0.1	0.58	0.69		0.07	0.7	0.61	-0.14	0.85	-0.62	0.01	-0.56	-0.5	0.06	-0.45	0.27	0.97	-0.43	-0.29	0.04	0.81	0.34	-0.26	-0.28	-0.15	0.04
Total Stockholder Equity	1.0	0.15	0.03	0.07		0.11	-0.46	-0.91	0.22	0.52	0.84	0.37	0.4	-0.14	0.6	-0.15	0.06	0.29	-0.82	-0.05	-0.09	-0.02	0.54	0.76	-0.64	-0.44
Property Plant And Equipment Net	0.13	0.79	0.09	0.7	0.11		0.68	-0.21	0.73	-0.64	-0.04	-0.84	-0.46	0.11	-0.5	0.21	0.61	-0.33	-0.33	0.14	0.58	0.52	0.02	-0.3	-0.07	-0.03
Net Debt	-0.44	0.36	0.19	0.61	-0.46	0.68		0.42	0.43	-0.97	-0.63	-0.89	-0.77	0.23	-0.87	0.31	0.49	-0.59	0.27	0.09	0.67	0.63	-0.56	-0.74	0.35	0.24
Retained Earnings	-0.92	-0.4	-0.02	-0.14	-0.91	-0.21	0.42		-0.39	-0.45	-0.91	-0.33	-0.32	0.22	-0.6	0.2	-0.19	-0.19	0.89	0.1	-0.03	0.11	-0.51	-0.68	0.75	0.52
Accounts Payable	0.25	0.7	0.33	0.85	0.22	0.73	0.43	-0.39		-0.46	0.29	-0.43	-0.55	0.02	-0.13	0.17	0.88	-0.44	-0.44	-0.27	0.67	0.12	0.05	-0.02	-0.46	-0.25
Cash	0.5	-0.41	-0.23	-0.62	0.52	-0.64	-0.97	-0.45	-0.46		0.58	0.84	0.8	-0.23	0.84	-0.31	-0.54	0.61	-0.26	-0.08	-0.69	-0.43	0.62	0.75	-0.35	-0.25
Non Current Assets Total	0.84	0.27	0.06	0.01	0.84	-0.04	-0.63	-0.91	0.29	0.58		0.59	0.41	-0.25	0.78	-0.26	0.14	0.26	-0.84	-0.14	-0.12	-0.49	0.49	0.77	-0.72	-0.48
Non Currrent Assets Other	0.36	-0.49	-0.05	-0.56	0.37	-0.84	-0.89	-0.33	-0.43	0.84	0.59		0.6	-0.22	0.84	-0.32	-0.42	0.41	-0.19	-0.2	-0.54	-0.69	0.25	0.67	-0.34	-0.24
Cash And Short Term Investments	0.39	-0.22	-0.01	-0.5	0.4	-0.46	-0.77	-0.32	-0.55	0.8	0.41	0.6		-0.21	0.54	-0.23	-0.45	0.76	-0.27	0.54	-0.63	-0.31	0.4	0.5	0.0	0.07
Net Receivables	-0.14	0.21	-0.01	0.06	-0.14	0.11	0.23	0.22	0.02	-0.23	-0.25	-0.22	-0.21		-0.3	0.92	0.03	0.46	-0.09	-0.02	-0.12	0.14	-0.18	-0.46	0.55	0.32
Common Stock Shares Outstanding	0.59	-0.25	-0.28	-0.45	0.6	-0.5	-0.87	-0.6	-0.13	0.84	0.78	0.84	0.54	-0.3		-0.4	-0.31	0.37	-0.37	-0.29	-0.59	-0.6	0.68	0.9	-0.61	-0.44
Other Stockholder Equity	-0.14	0.28	0.19	0.27	-0.15	0.21	0.31	0.2	0.17	-0.31	-0.26	-0.32	-0.23	0.92	-0.4		0.23	0.39	-0.1	0.06	0.08	0.2	-0.23	-0.48	0.45	0.28
Total Liab	0.1	0.62	0.71	0.97	0.06	0.61	0.49	-0.19	0.88	-0.54	0.14	-0.42	-0.45	0.03	-0.31	0.23		-0.38	-0.35	0.0	0.75	0.11	-0.24	-0.21	-0.21	0.01
Total Current Assets	0.28	-0.03	-0.08	-0.43	0.29	-0.33	-0.59	-0.19	-0.44	0.61	0.26	0.41	0.76	0.46	0.37	0.39	-0.38		-0.33	0.41	-0.69	-0.24	0.34	0.2	0.3	0.23
Short Term Debt	-0.83	-0.62	-0.22	-0.29	-0.82	-0.33	0.27	0.89	-0.44	-0.26	-0.84	-0.19	-0.27	-0.09	-0.37	-0.1	-0.35	-0.33		-0.08	-0.13	0.15	-0.27	-0.4	0.44	0.26
Short Term Investments	-0.05	0.19	0.29	0.04	-0.05	0.14	0.09	0.1	-0.27	-0.08	-0.14	-0.2	0.54	-0.02	-0.29	0.06	0.0	0.41	-0.08		-0.07	0.12	-0.2	-0.22	0.5	0.47
Non Current Liabilities Total	-0.06	0.45	0.56	0.81	-0.09	0.58	0.67	-0.03	0.67	-0.69	-0.12	-0.54	-0.63	-0.12	-0.59	0.08	0.75	-0.69	-0.13	-0.07		0.34	-0.56	-0.41	-0.17	-0.04
Inventory	-0.01	0.08	0.01	0.34	-0.02	0.52	0.63	0.11	0.12	-0.43	-0.49	-0.69	-0.31	0.14	-0.6	0.2	0.11	-0.24	0.15	0.12	0.34		-0.1	-0.38	0.18	0.1
Other Current Assets	0.53	-0.02	-0.49	-0.26	0.54	0.02	-0.56	-0.51	0.05	0.62	0.49	0.25	0.4	-0.18	0.68	-0.23	-0.24	0.34	-0.27	-0.2	-0.56	-0.1		0.72	-0.48	-0.35
Net Tangible Assets	0.75	-0.28	-0.22	-0.28	0.76	-0.3	-0.74	-0.68	-0.02	0.75	0.77	0.67	0.5	-0.46	0.9	-0.48	-0.21	0.2	-0.4	-0.22	-0.41	-0.38	0.72		-0.75	-0.55
Other Assets	-0.64	-0.07	0.06	-0.15	-0.64	-0.07	0.35	0.75	-0.46	-0.35	-0.72	-0.34	0.0	0.55	-0.61	0.45	-0.21	0.3	0.44	0.5	-0.17	0.18	-0.48	-0.75		0.78
Long Term Investments	-0.44	0.01	0.24	0.04	-0.44	-0.03	0.24	0.52	-0.25	-0.25	-0.48	-0.24	0.07	0.32	-0.44	0.28	0.01	0.23	0.26	0.47	-0.04	0.1	-0.35	-0.55	0.78

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Commerce Resources Account Relationship Matchups

Commerce Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	63.8M	71.2M	73.2M	77.3M	88.9M	47.7M
Other Current Liab	106.0K	64.8K	27.9K	425.0K	488.8K	456.9K
Total Current Liabilities	1.1M	982.5K	1.5M	476.4K	547.9K	520.5K
Total Stockholder Equity	62.7M	70.2M	71.6M	76.7M	88.2M	46.5M
Property Plant And Equipment Net	62.4M	66.4M	71.3M	380.4K	437.5K	415.6K
Net Debt	(1.1M)	(3.3M)	(364.8K)	(3.8M)	(4.4M)	(4.6M)
Retained Earnings	(35.0M)	(35.5M)	(36.2M)	(37.9M)	(34.1M)	(32.4M)
Accounts Payable	995.9K	917.7K	1.3M	368.6K	423.9K	776.0K
Cash	1.1M	3.3M	513.8K	4.0M	3.6M	3.0M
Non Current Assets Total	62.4M	66.5M	71.4M	72.8M	83.8M	87.9M
Cash And Short Term Investments	1.1M	3.3M	545.8K	4.0M	3.6M	3.3M
Net Receivables	36.2K	307.1K	567.3K	35.5K	32.0K	30.4K
Common Stock Shares Outstanding	45.2M	75.0M	90.4M	98.9M	113.8M	119.5M
Liabilities And Stockholders Equity	63.8M	71.2M	73.2M	77.3M	88.9M	47.7M
Other Stockholder Equity	9.6M	231.4K	10.1M	89.5K	80.5K	76.5K
Total Liab	1.1M	982.5K	1.6M	571.0K	656.7K	1.3M
Total Current Assets	1.4M	4.7M	1.8M	4.5M	4.0M	4.3M
Short Term Investments	40.3K	52.9K	32.0K	28.6K	32.9K	31.3K
Non Current Liabilities Total	995.9K	0.0	121.8K	94.6K	85.1K	80.9K
Accumulated Other Comprehensive Income	9.6M	10.1M	10.4M	11.0M	12.7M	13.3M
Other Current Assets	272.6K	1.1M	708.2K	432.3K	497.2K	310.4K
Net Tangible Assets	61.9M	62.7M	70.2M	71.6M	82.3M	67.1M
Common Stock	87.9M	95.6M	97.3M	103.6M	119.1M	94.3M
Property Plant Equipment	61.8M	62.4M	66.4M	71.3M	82.0M	66.3M
Net Invested Capital	62.7M	70.2M	71.6M	76.7M	88.2M	72.9M
Net Working Capital	300.0K	3.7M	346.3K	4.0M	4.6M	4.8M
Capital Stock	87.9M	95.6M	97.3M	103.6M	119.1M	101.7M

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