Cyclone Metals financial indicator trend analysis is way more than just evaluating Cyclone Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cyclone Metals is a good investment. Please check the relationship between Cyclone Metals Net Interest Income and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cyclone Metals Limited. 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.
Net Interest Income vs Income Before Tax
Net Interest Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cyclone Metals Net Interest Income account and
Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cyclone Metals' Net Interest Income and Income Before Tax is -0.15. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Cyclone Metals Limited, assuming nothing else is changed. The correlation between historical values of Cyclone Metals' Net Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Cyclone Metals Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Interest Income i.e., Cyclone Metals' Net Interest Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.15 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Cyclone Metals income statement and is an important metric when analyzing Cyclone Metals profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Cyclone Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cyclone Metals 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 Cyclone Metals Limited. 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.
Issuance Of Capital Stock is likely to gain to about 1.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.1
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Income | 2.8M | 2.4M | 2.7M | 1.5M | Cost Of Revenue | 2.9K | 1.1K | 20K | 19K |
Cyclone Metals fundamental ratios Correlations
Click cells to compare fundamentals
Cyclone Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cyclone Metals fundamental ratios Accounts
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Additional Tools for Cyclone Stock Analysis
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