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 Selling And Marketing Expenses and its Net Income 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.
Selling And Marketing Expenses vs Net Income
Selling And Marketing Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Filo Mining Corp Selling And Marketing Expenses account and
Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Filo Mining's Selling And Marketing Expenses and Net Income is -0.96. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Net Income 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 Selling And Marketing Expenses and Net 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 Selling And Marketing Expenses of Filo Mining Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Selling And Marketing Expenses i.e., Filo Mining's Selling And Marketing Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Selling And Marketing Expenses
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Filo Mining Corp financial statement analysis. It represents the amount of money remaining after all of Filo Mining Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.