Eminent Total Operating Expenses vs Ebitda Analysis

EMNT Stock  CAD 0.33  0.04  13.79%   
Eminent Gold financial indicator trend analysis is much more than just examining Eminent Gold Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eminent Gold Corp is a good investment. Please check the relationship between Eminent Gold Total Operating Expenses and its Ebitda accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eminent Gold 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 estimate.

Total Operating Expenses vs Ebitda

Total Operating Expenses vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eminent Gold Corp Total Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between Eminent Gold's Total Operating Expenses and Ebitda is -0.83. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebitda in the same time period over historical financial statements of Eminent Gold Corp, assuming nothing else is changed. The correlation between historical values of Eminent Gold's Total Operating Expenses 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 Total Operating Expenses of Eminent Gold 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 Total Operating Expenses i.e., Eminent Gold's Total Operating Expenses and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Ebitda

Most indicators from Eminent Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eminent Gold 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 Eminent Gold 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 estimate.
At this time, Eminent Gold's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 17.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 690.9 K in 2024.

Eminent Gold fundamental ratios Correlations

0.68-0.750.820.710.750.310.70.650.720.70.660.140.760.750.810.70.740.190.820.720.7
0.68-0.870.860.990.990.681.00.820.890.890.760.550.810.960.390.880.820.60.920.790.71
-0.75-0.87-0.92-0.87-0.88-0.24-0.88-0.71-0.69-0.68-0.63-0.12-0.71-0.84-0.59-0.68-0.82-0.14-0.88-0.76-0.89
0.820.86-0.920.870.890.40.880.770.750.740.690.270.730.830.640.730.820.290.860.760.72
0.710.99-0.870.871.00.630.980.750.880.870.690.50.820.940.50.870.770.530.920.80.72
0.750.99-0.880.891.00.630.990.790.880.870.720.50.820.940.50.870.80.540.920.80.72
0.310.68-0.240.40.630.630.660.610.680.70.640.960.490.65-0.050.690.480.990.50.370.04
0.71.0-0.880.880.980.990.660.840.880.880.770.540.80.960.410.870.840.580.920.790.72
0.650.82-0.710.770.750.790.610.840.720.720.960.520.640.820.190.720.930.560.750.630.57
0.720.89-0.690.750.880.880.680.880.721.00.710.470.970.920.471.00.670.610.920.920.63
0.70.89-0.680.740.870.870.70.880.721.00.710.490.960.920.441.00.670.620.910.920.62
0.660.76-0.630.690.690.720.640.770.960.710.710.550.640.830.210.710.940.590.760.570.56
0.140.55-0.120.270.50.50.960.540.520.470.490.550.240.5-0.210.480.410.970.320.12-0.12
0.760.81-0.710.730.820.820.490.80.640.970.960.640.240.880.580.970.630.40.920.970.74
0.750.96-0.840.830.940.940.650.960.820.920.920.830.50.880.450.920.860.580.980.830.78
0.810.39-0.590.640.50.5-0.050.410.190.470.440.21-0.210.580.450.450.36-0.180.610.570.6
0.70.88-0.680.730.870.870.690.870.721.01.00.710.480.970.920.450.660.620.910.920.62
0.740.82-0.820.820.770.80.480.840.930.670.670.940.410.630.860.360.660.420.830.60.73
0.190.6-0.140.290.530.540.990.580.560.610.620.590.970.40.58-0.180.620.420.410.28-0.05
0.820.92-0.880.860.920.920.50.920.750.920.910.760.320.920.980.610.910.830.410.890.86
0.720.79-0.760.760.80.80.370.790.630.920.920.570.120.970.830.570.920.60.280.890.75
0.70.71-0.890.720.720.720.040.720.570.630.620.56-0.120.740.780.60.620.73-0.050.860.75
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Eminent Gold Account Relationship Matchups

Eminent Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities23.8K133.6K277.9K245.0K334.9K207.3K
Net Tangible Assets(104.6K)(218.2K)676.0K2.3M2.6M2.8M
Retained Earnings(1.4M)(2.7M)(3.9M)(5.4M)(9.6M)(9.1M)
Accounts Payable14.3K63.9K251.8K126.1K289.1K303.5K
Total Current Assets699.8K1.6M1.6M613.2K305.0K289.8K
Total Assets699.8K2.4M4.9M5.6M3.1M2.6M
Total Stockholder Equity676.0K2.3M4.6M5.4M2.7M2.4M
Cash697.8K1.6M1.2M96.4K207.0K196.7K
Common Stock Shares Outstanding25.0M36.2M41.0M44.9M49.7M35.7M
Total Liab23.8K133.6K277.9K245.0K334.9K223.9K
Net Invested Capital676.0K2.3M4.6M5.4M2.7M2.4M
Net Working Capital676.0K1.5M1.3M368.2K(29.8K)(28.4K)
Capital Stock2.0M4.2M7.5M9.3M10.7M6.4M

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Additional Tools for Eminent Stock Analysis

When running Eminent Gold's price analysis, check to measure Eminent Gold'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 Eminent Gold is operating at the current time. Most of Eminent Gold's value examination focuses on studying past and present price action to predict the probability of Eminent Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eminent Gold's price. Additionally, you may evaluate how the addition of Eminent Gold to your portfolios can decrease your overall portfolio volatility.