| FIL Stock | | | 32.02 0.31 0.96% |
Filo Mining financial indicator trend analysis is much more than just examining Filo Mining Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Filo Mining Corp is a good investment. Please check the relationship between Filo Mining Operating Income and its Income Tax Expense accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Filo Mining 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 board of governors.
Operating Income vs Income Tax Expense
Operating Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Filo Mining Corp Operating Income account and
Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Filo Mining's Operating Income and Income Tax Expense is 0.91. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Filo Mining Corp, assuming nothing else is changed. The correlation between historical values of Filo Mining's Operating Income and Income Tax Expense 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 Filo Mining Corp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., Filo Mining's Operating Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Filo Mining Corp 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 Filo Mining Corp 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.
Income Tax Expense
Most indicators from Filo Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Filo Mining 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 Filo Mining 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 board of governors.
At this time, Filo Mining's
Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024,
Enterprise Value is likely to grow to about 2.7
B, while
Issuance Of Capital Stock is likely to drop about 55.6
M.
Filo Mining fundamental ratios Correlations
Click cells to compare fundamentals
Filo Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Filo Mining fundamental ratios Accounts
Other Information on Investing in Filo Stock
Balance Sheet is a snapshot of the
financial position of Filo Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Filo Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Filo Mining 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 Filo currently owns. An asset can also be divided into two categories, current and non-current.