Capella Income Before Tax vs Total Other Income Expense Net Analysis
CMIL Stock | CAD 0.06 0.05 500.00% |
Capella Minerals financial indicator trend analysis is way more than just evaluating Capella Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capella Minerals is a good investment. Please check the relationship between Capella Minerals Income Before Tax and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capella Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Income Before Tax vs Total Other Income Expense Net
Income Before Tax vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capella Minerals Income Before Tax account and Total Other Income Expense Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Capella Minerals' Income Before Tax and Total Other Income Expense Net is 0.95. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Capella Minerals, assuming nothing else is changed. The correlation between historical values of Capella Minerals' Income Before Tax and Total Other Income Expense Net 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 Before Tax of Capella Minerals are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Income Before Tax i.e., Capella Minerals' Income Before Tax and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Capella Minerals income statement and is an important metric when analyzing Capella Minerals 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.Total Other Income Expense Net
Most indicators from Capella Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capella Minerals 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 Capella Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. Selling General Administrative is likely to climb to about 982.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.3 M in 2024.
Capella Minerals fundamental ratios Correlations
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Capella Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Capella Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6M | 6.4M | 4.6M | 6.6M | 7.6M | 5.4M | |
Total Current Liabilities | 2.7M | 211.7K | 310.5K | 1.1M | 1.0M | 812.6K | |
Total Stockholder Equity | (1.9M) | 6.0M | 3.9M | 5.1M | 5.8M | 3.5M | |
Net Tangible Assets | (1.9M) | 6.0M | 3.9M | 5.1M | 5.8M | 3.5M | |
Retained Earnings | (17.7M) | (16.1M) | (18.4M) | (19.9M) | (17.9M) | (18.8M) | |
Accounts Payable | 328.2K | 85.3K | 108.1K | 836.8K | 962.4K | 1.0M | |
Cash | 43.2K | 1.1M | 96.5K | 58.0K | 52.2K | 49.6K | |
Non Current Assets Total | 1.5M | 5.1M | 4.3M | 6.4M | 7.4M | 4.4M | |
Net Receivables | 28.6K | 15.3K | 33.9K | 40.7K | 36.7K | 46.0K | |
Common Stock Shares Outstanding | 62.2M | 66.8M | 151.1M | 195.2M | 224.5M | 235.7M | |
Non Current Liabilities Total | 797.8K | 169.1K | 327.5K | 247.2K | 222.5K | 211.4K | |
Other Stockholder Equity | 1.3M | 2.0M | 2.2M | 2.3M | 2.6M | 1.8M | |
Total Liab | 3.5M | 380.8K | 638.1K | 1.4M | 1.2M | 1.3M | |
Net Invested Capital | (1.4M) | 6.0M | 3.9M | 5.1M | 5.8M | 3.6M | |
Total Current Assets | 86.6K | 1.3M | 303.0K | 136.2K | 122.5K | 116.4K | |
Net Working Capital | (2.6M) | 1.1M | (7.6K) | (1.0M) | (904.8K) | (859.6K) | |
Common Stock | 14.2M | 14.5M | 20.1M | 22.6M | 26.0M | 18.0M | |
Property Plant Equipment | 1.5M | 3.1M | 3.9M | 6.3M | 7.2M | 3.9M | |
Other Current Liab | 1.2M | 29.9K | 126.5K | 186.9K | 168.2K | 159.8K | |
Other Liab | 757.8K | 129.1K | 327.5K | 247.2K | 222.5K | 211.4K |
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When running Capella Minerals' price analysis, check to measure Capella Minerals' 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 Capella Minerals is operating at the current time. Most of Capella Minerals' value examination focuses on studying past and present price action to predict the probability of Capella Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capella Minerals' price. Additionally, you may evaluate how the addition of Capella Minerals to your portfolios can decrease your overall portfolio volatility.