Fjordland Operating Income vs Total Other Income Expense Net Analysis

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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 Total Other Income Expense Net 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 Total Other Income Expense Net

Operating Income vs Total Other Income Expense Net 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 Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fjordland Exploration's Operating Income and Total Other Income Expense Net is -0.27. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net 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 Total Other Income Expense Net 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 Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., Fjordland Exploration's Operating Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Total Other Income Expense Net

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

-0.590.141.00.91-0.870.710.820.050.440.840.190.80.940.860.730.730.970.820.80.67-0.220.720.790.580.79
-0.59-0.17-0.58-0.620.65-0.35-0.38-0.23-0.05-0.47-0.19-0.37-0.61-0.63-0.85-0.85-0.59-0.45-0.44-0.340.31-0.46-0.48-0.32-0.48
0.14-0.170.10.010.060.680.290.090.3-0.160.990.3-0.02-0.02-0.01-0.010.05-0.320.20.550.610.070.210.060.21
1.0-0.580.10.91-0.870.680.810.050.430.850.150.80.950.860.740.740.970.840.790.65-0.240.720.780.570.78
0.91-0.620.010.91-0.970.570.69-0.050.370.770.050.680.930.980.690.690.940.770.830.67-0.350.830.840.590.84
-0.870.650.06-0.87-0.97-0.45-0.660.18-0.18-0.810.01-0.64-0.89-0.96-0.75-0.75-0.9-0.83-0.76-0.570.4-0.76-0.79-0.65-0.79
0.71-0.350.680.680.57-0.450.760.320.720.410.710.780.50.490.320.320.610.230.50.690.280.370.530.380.53
0.82-0.380.290.810.69-0.660.760.230.620.840.31.00.630.550.550.550.660.60.460.480.280.350.410.250.41
0.05-0.230.090.05-0.050.180.320.230.630.060.060.27-0.09-0.150.090.09-0.08-0.23-0.34-0.260.17-0.33-0.35-0.33-0.35
0.44-0.050.30.430.37-0.180.720.620.630.290.270.660.30.250.10.10.320.00.210.310.330.180.14-0.140.14
0.84-0.47-0.160.850.77-0.810.410.840.060.29-0.120.810.780.680.710.710.750.890.50.29-0.160.450.450.430.45
0.19-0.190.990.150.050.010.710.30.060.27-0.120.310.020.030.030.030.11-0.260.230.570.540.10.260.170.26
0.8-0.370.30.80.68-0.640.781.00.270.660.810.310.620.540.520.520.640.560.450.470.30.340.390.230.39
0.94-0.61-0.020.950.93-0.890.50.63-0.090.30.780.020.620.910.760.760.970.840.890.67-0.390.870.850.540.85
0.86-0.63-0.020.860.98-0.960.490.55-0.150.250.680.030.540.910.660.660.930.740.850.68-0.460.880.890.650.89
0.73-0.85-0.010.740.69-0.750.320.550.090.10.710.030.520.760.661.00.70.70.50.29-0.350.480.480.390.48
0.73-0.85-0.010.740.69-0.750.320.550.090.10.710.030.520.760.661.00.70.70.50.29-0.350.480.480.390.48
0.97-0.590.050.970.94-0.90.610.66-0.080.320.750.110.640.970.930.70.70.830.870.71-0.40.830.890.670.89
0.82-0.45-0.320.840.77-0.830.230.6-0.230.00.89-0.260.560.840.740.70.70.830.640.35-0.440.590.620.570.62
0.8-0.440.20.790.83-0.760.50.46-0.340.210.50.230.450.890.850.50.50.870.640.9-0.240.970.960.520.96
0.67-0.340.550.650.67-0.570.690.48-0.260.310.290.570.470.670.680.290.290.710.350.90.10.820.880.420.88
-0.220.310.61-0.24-0.350.40.280.280.170.33-0.160.540.3-0.39-0.46-0.35-0.35-0.4-0.44-0.240.1-0.34-0.36-0.55-0.36
0.72-0.460.070.720.83-0.760.370.35-0.330.180.450.10.340.870.880.480.480.830.590.970.82-0.340.930.460.93
0.79-0.480.210.780.84-0.790.530.41-0.350.140.450.260.390.850.890.480.480.890.620.960.88-0.360.930.671.0
0.58-0.320.060.570.59-0.650.380.25-0.33-0.140.430.170.230.540.650.390.390.670.570.520.42-0.550.460.670.67
0.79-0.480.210.780.84-0.790.530.41-0.350.140.450.260.390.850.890.480.480.890.620.960.88-0.360.931.00.67
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Fjordland Exploration Account Relationship Matchups

Fjordland Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4M2.4M4.5M5.0M4.3M2.6M
Total Current Liabilities42.1K66.2K282.9K279.5K91.2K133.0K
Total Stockholder Equity2.3M2.3M4.2M4.7M4.2M2.4M
Net Tangible Assets2.3M2.3M4.2M4.7M5.4M5.7M
Retained Earnings(17.1M)(17.4M)(18.2M)(18.2M)(18.5M)(19.4M)
Accounts Payable1.3K4.1K179.6K213.8K36.5K70.7K
Cash686.0K310.7K1.7M894.6K435.1K638.4K
Other Assets184.2K99.8K15.2K17.5K15.7K15.0K
Net Receivables38.2K4.4K84.8K46.3K53.2K47.8K
Other Stockholder Equity757.2K792.6K1.1M639.8K735.7K656.4K
Total Liab42.1K94.0K282.9K307.2K91.2K137.0K
Total Current Assets724.4K315.3K1.8M948.0K463.1K688.3K
Common Stock18.7M18.9M21.4M22.3M25.7M19.7M
Property Plant Equipment1.6M2.0M2.7M4.1M4.7M4.9M
Non Current Assets Total1.7M2.0M2.7M4.1M3.8M2.5M
Common Stock Shares Outstanding47.8M50.1M75.3M82.9M95.4M68.2M
Net Invested Capital2.3M2.3M4.2M4.7M4.2M3.6M
Net Working Capital682.2K249.0K1.5M668.5K371.9K601.5K
Capital Stock18.7M18.9M21.4M22.3M25.7M22.4M

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