Fjordland Operating Income vs Selling General Administrative Analysis
FEX Stock | CAD 0.01 0.00 0.00% |
Fjordland Exploration financial indicator trend analysis is much more than just examining Fjordland Exploration latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fjordland Exploration is a good investment. Please check the relationship between Fjordland Exploration Operating Income and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fjordland Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Operating Income vs Selling General Administrative
Operating Income vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fjordland Exploration Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fjordland Exploration's Operating Income and Selling General Administrative is -0.51. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Fjordland Exploration, assuming nothing else is changed. The correlation between historical values of Fjordland Exploration's Operating Income and Selling General Administrative 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 Fjordland Exploration are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., Fjordland Exploration's Operating Income and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Fjordland Exploration 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 Fjordland Exploration 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.Selling General Administrative
Most indicators from Fjordland Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fjordland Exploration 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 Fjordland Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to climb to about 418.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Fjordland Exploration fundamental ratios Correlations
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Fjordland Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fjordland Exploration fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4M | 2.4M | 4.5M | 5.0M | 4.3M | 2.6M | |
Total Current Liabilities | 42.1K | 66.2K | 282.9K | 279.5K | 91.2K | 133.0K | |
Total Stockholder Equity | 2.3M | 2.3M | 4.2M | 4.7M | 4.2M | 2.4M | |
Net Tangible Assets | 2.3M | 2.3M | 4.2M | 4.7M | 5.4M | 5.7M | |
Retained Earnings | (17.1M) | (17.4M) | (18.2M) | (18.2M) | (18.5M) | (19.4M) | |
Accounts Payable | 1.3K | 4.1K | 179.6K | 213.8K | 36.5K | 70.7K | |
Cash | 686.0K | 310.7K | 1.7M | 894.6K | 435.1K | 638.4K | |
Other Assets | 184.2K | 99.8K | 15.2K | 17.5K | 15.7K | 15.0K | |
Net Receivables | 38.2K | 4.4K | 84.8K | 46.3K | 53.2K | 47.8K | |
Other Stockholder Equity | 757.2K | 792.6K | 1.1M | 639.8K | 735.7K | 656.4K | |
Total Liab | 42.1K | 94.0K | 282.9K | 307.2K | 91.2K | 137.0K | |
Total Current Assets | 724.4K | 315.3K | 1.8M | 948.0K | 463.1K | 688.3K | |
Common Stock | 18.7M | 18.9M | 21.4M | 22.3M | 25.7M | 19.7M | |
Property Plant Equipment | 1.6M | 2.0M | 2.7M | 4.1M | 4.7M | 4.9M | |
Non Current Assets Total | 1.7M | 2.0M | 2.7M | 4.1M | 3.8M | 2.5M | |
Common Stock Shares Outstanding | 47.8M | 50.1M | 75.3M | 82.9M | 95.4M | 68.2M | |
Net Invested Capital | 2.3M | 2.3M | 4.2M | 4.7M | 4.2M | 3.6M | |
Net Working Capital | 682.2K | 249.0K | 1.5M | 668.5K | 371.9K | 601.5K | |
Capital Stock | 18.7M | 18.9M | 21.4M | 22.3M | 25.7M | 22.4M |
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