Empress Change In Working Capital vs End Period Cash Flow Analysis

EMPR Stock  CAD 0.35  0.01  2.94%   
Empress Royalty financial indicator trend analysis is much more than just examining Empress Royalty Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empress Royalty Corp is a good investment. Please check the relationship between Empress Royalty Change In Working Capital and its End Period Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empress Royalty 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 metropolitan statistical area.

Change In Working Capital vs End Period Cash Flow

Change In Working Capital vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empress Royalty Corp Change In Working Capital account and End Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Empress Royalty's Change In Working Capital and End Period Cash Flow is -0.64. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Empress Royalty Corp, assuming nothing else is changed. The correlation between historical values of Empress Royalty's Change In Working Capital and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Empress Royalty Corp are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Change In Working Capital i.e., Empress Royalty's Change In Working Capital and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

End Period Cash Flow

Most indicators from Empress Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empress Royalty 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 Empress Royalty 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 metropolitan statistical area.
At this time, Empress Royalty's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.00 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (72.01) in 2024.
 2010 2023 2024 (projected)
Gross Profit785.8K2.0M1.5M
Total Revenue1.8M3.5M2.9M

Empress Royalty fundamental ratios Correlations

0.761.00.991.0-0.90.33-0.951.0-0.50.670.99-0.50.971.01.00.541.0-0.910.99-0.56-0.39-0.58-0.5
0.760.760.750.76-0.820.37-0.720.76-0.420.630.76-0.420.750.760.76-0.120.76-0.680.75-0.47-0.34-0.47-0.42
1.00.760.991.0-0.890.32-0.951.0-0.50.660.99-0.50.971.01.00.541.0-0.910.99-0.55-0.39-0.57-0.5
0.990.750.990.98-0.880.32-0.890.98-0.440.650.98-0.440.940.990.990.540.99-0.881.0-0.55-0.29-0.6-0.44
1.00.761.00.98-0.880.3-0.951.0-0.480.640.99-0.480.971.01.00.551.0-0.920.98-0.54-0.38-0.55-0.48
-0.9-0.82-0.89-0.88-0.88-0.70.79-0.880.79-0.92-0.940.79-0.96-0.91-0.89-0.26-0.910.65-0.880.840.660.840.79
0.330.370.320.320.3-0.7-0.150.3-0.910.920.44-0.910.510.370.32-0.10.380.080.32-0.96-0.79-0.94-0.91
-0.95-0.72-0.95-0.89-0.950.79-0.15-0.950.43-0.52-0.930.43-0.92-0.93-0.95-0.54-0.930.96-0.890.410.420.370.43
1.00.761.00.981.0-0.880.3-0.95-0.480.640.99-0.480.971.01.00.551.0-0.920.98-0.54-0.38-0.55-0.48
-0.5-0.42-0.5-0.44-0.480.79-0.910.43-0.48-0.93-0.61.0-0.69-0.53-0.49-0.11-0.530.17-0.440.960.950.871.0
0.670.630.660.650.64-0.920.92-0.520.64-0.930.75-0.930.80.70.660.110.7-0.310.65-0.98-0.8-0.96-0.93
0.990.760.990.980.99-0.940.44-0.930.99-0.60.75-0.60.991.00.990.511.0-0.850.98-0.66-0.49-0.67-0.6
-0.5-0.42-0.5-0.44-0.480.79-0.910.43-0.481.0-0.93-0.6-0.69-0.53-0.49-0.11-0.530.17-0.440.960.950.871.0
0.970.750.970.940.97-0.960.51-0.920.97-0.690.80.99-0.690.980.970.490.98-0.810.94-0.72-0.59-0.71-0.69
1.00.761.00.991.0-0.910.37-0.931.0-0.530.71.0-0.530.981.00.531.0-0.880.99-0.6-0.4-0.62-0.53
1.00.761.00.991.0-0.890.32-0.951.0-0.490.660.99-0.490.971.00.551.0-0.910.99-0.55-0.39-0.57-0.49
0.54-0.120.540.540.55-0.26-0.1-0.540.55-0.110.110.51-0.110.490.530.550.53-0.570.54-0.14-0.07-0.16-0.11
1.00.761.00.991.0-0.910.38-0.931.0-0.530.71.0-0.530.981.01.00.53-0.880.99-0.6-0.41-0.63-0.53
-0.91-0.68-0.91-0.88-0.920.650.080.96-0.920.17-0.31-0.850.17-0.81-0.88-0.91-0.57-0.88-0.880.180.150.180.17
0.990.750.991.00.98-0.880.32-0.890.98-0.440.650.98-0.440.940.990.990.540.99-0.88-0.55-0.29-0.6-0.44
-0.56-0.47-0.55-0.55-0.540.84-0.960.41-0.540.96-0.98-0.660.96-0.72-0.6-0.55-0.14-0.60.18-0.550.830.970.96
-0.39-0.34-0.39-0.29-0.380.66-0.790.42-0.380.95-0.8-0.490.95-0.59-0.4-0.39-0.07-0.410.15-0.290.830.680.95
-0.58-0.47-0.57-0.6-0.550.84-0.940.37-0.550.87-0.96-0.670.87-0.71-0.62-0.57-0.16-0.630.18-0.60.970.680.87
-0.5-0.42-0.5-0.44-0.480.79-0.910.43-0.481.0-0.93-0.61.0-0.69-0.53-0.49-0.11-0.530.17-0.440.960.950.87
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Empress Royalty Account Relationship Matchups

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