| FCM Stock | | | 1.80 0.10 5.88% |
First financial indicator trend analysis is much more than just examining First Class Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Class Metals is a good investment. Please check the relationship between First Net Income From Continuing Ops and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Class Metals. 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.
Net Income From Continuing Ops vs Operating Income
Net Income From Continuing Ops vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Class Metals Net Income From Continuing Ops account and
Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between First's Net Income From Continuing Ops and Operating Income is 1.0. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of First Class Metals, assuming nothing else is changed. The correlation between historical values of First's Net Income From Continuing Ops and Operating Income 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 Income From Continuing Ops of First Class Metals are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income From Continuing Ops i.e., First's Net Income From Continuing Ops and Operating Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Income From Continuing Ops
Operating Income
Operating Income is the amount of profit realized from First Class Metals 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 First Class Metals 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.
Most indicators from First's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Class 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Class Metals. 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.
As of January 7, 2025,
Selling General Administrative is expected to decline to about 1.2
M. In addition to that,
Issuance Of Capital Stock is expected to decline to about 1.2
MFirst fundamental ratios Correlations
Click cells to compare fundamentals
First Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in First Stock
Balance Sheet is a snapshot of the
financial position of First Class Metals at a specified time, usually calculated after every quarter, six months, or one year. First Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.