District Operating Income vs Gross Profit Analysis
DCOP Stock | CAD 0.04 0.01 28.57% |
District Copper financial indicator trend analysis is much more than just examining District Copper Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether District Copper Corp is a good investment. Please check the relationship between District Copper Operating Income and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Copper 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 american community survey.
Operating Income vs Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Copper Corp Operating Income account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between District Copper's Operating Income and Gross Profit is -0.49. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of District Copper Corp, assuming nothing else is changed. The correlation between historical values of District Copper's Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of District Copper Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., District Copper's Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from District Copper Corp 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 District Copper Corp 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of District Copper Corp minus its cost of goods sold. It is profit before District Copper 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.Most indicators from District Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into District Copper 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Copper 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 american community survey. Enterprise Value is likely to climb to about 1.5 M in 2025, whereas Selling General Administrative is likely to drop slightly above 520 K in 2025.
District Copper fundamental ratios Correlations
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District Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
District Copper fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 2.7M | 2.5M | 2.7M | 1.9M | 2.2M | 2.1M | |
Total Current Liabilities | 249.2K | 130.4K | 88.0K | 46.8K | 53.8K | 51.1K | |
Total Stockholder Equity | 2.2M | 2.3M | 2.6M | 1.8M | 2.1M | 2.0M | |
Property Plant And Equipment Net | 2.3M | 1.3M | 1.1M | 1.1M | 1.3M | 1.3M | |
Net Debt | (26.8K) | (174.8K) | (367.6K) | (322.1K) | (370.4K) | (388.9K) | |
Retained Earnings | (18.0M) | (18.0M) | (18.8M) | (19.6M) | (17.6M) | (16.7M) | |
Accounts Payable | 71.4K | 100.0K | 28.1K | 51.3K | 46.2K | 83.6K | |
Cash | 26.8K | 174.8K | 367.6K | 322.1K | 289.9K | 457.2K | |
Non Current Assets Total | 2.5M | 1.9M | 1.4M | 1.1M | 1.3M | 1.3M | |
Cash And Short Term Investments | 224.3K | 190.5K | 447.6K | 349.6K | 314.6K | 298.9K | |
Net Receivables | 3.9K | 345.4K | 334.4K | 333.3K | 383.3K | 402.4K | |
Common Stock Shares Outstanding | 13.7M | 13.8M | 19.8M | 21.3M | 24.5M | 25.7M | |
Liabilities And Stockholders Equity | 2.7M | 2.5M | 2.7M | 1.9M | 2.2M | 2.1M | |
Total Liab | 488.4K | 130.4K | 88.0K | 46.8K | 53.8K | 51.1K | |
Total Current Assets | 228.2K | 535.9K | 1.2M | 748.3K | 673.5K | 788.6K | |
Other Current Liab | 249.2K | 130.4K | 88.0K | 46.8K | 53.8K | 51.1K | |
Net Tangible Assets | 2.7M | 2.2M | 2.3M | 2.6M | 2.3M | 2.2M | |
Property Plant Equipment | 2.8M | 2.3M | 1.3M | 1.1M | 997.3K | 947.4K | |
Net Invested Capital | 2.2M | 2.3M | 2.6M | 1.8M | 1.7M | 1.6M | |
Net Working Capital | (21.0K) | 405.5K | 1.2M | 701.5K | 806.7K | 847.1K |
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When running District Copper's price analysis, check to measure District Copper'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 District Copper is operating at the current time. Most of District Copper's value examination focuses on studying past and present price action to predict the probability of District Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move District Copper's price. Additionally, you may evaluate how the addition of District Copper to your portfolios can decrease your overall portfolio volatility.