| FCRX Stock | | | USD 24.36 0.23 0.94% |
First Eagle financial indicator trend analysis is much more than just examining First Eagle Alternative latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Eagle Alternative is a good investment. Please check the relationship between First Eagle Operating Income and its Other Operating Expenses accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Eagle Alternative. 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.
Operating Income vs Other Operating Expenses
Operating Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Eagle Alternative Operating Income account and
Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between First Eagle's Operating Income and Other Operating Expenses is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of First Eagle Alternative, assuming nothing else is changed. The correlation between historical values of First Eagle's Operating Income and Other Operating Expenses 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 First Eagle Alternative are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Operating Income i.e., First Eagle's Operating Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from First Eagle Alternative 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 Eagle Alternative 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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Eagle Alternative. It is also known as First Eagle overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from First Eagle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Eagle Alternative 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 Eagle Alternative. 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, First Eagle's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 933.72 in 2024, whereas
Selling General Administrative is likely to drop slightly above 39.5
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 8.3M | 48.4M | 142.6M | 135.5M | Other Operating Expenses | 6.2M | 73.3M | 41.5M | 39.5M |
First Eagle fundamental ratios Correlations
Click cells to compare fundamentals
First Eagle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Eagle fundamental ratios Accounts
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Additional Tools for First Stock Analysis
When running First Eagle's price analysis, check to
measure First Eagle'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 First Eagle is operating at the current time. Most of First Eagle's value examination focuses on studying past and present price action to
predict the probability of First Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Eagle's price. Additionally, you may evaluate how the addition of First Eagle to your portfolios can decrease your overall portfolio volatility.