FPX Ebit vs Cost Of Revenue Analysis
FPX Stock | CAD 0.25 0.01 4.17% |
FPX Nickel financial indicator trend analysis is much more than just examining FPX Nickel Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FPX Nickel Corp is a good investment. Please check the relationship between FPX Nickel Ebit and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FPX Nickel 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.
Ebit vs Cost Of Revenue
Ebit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FPX Nickel Corp Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FPX Nickel's Ebit and Cost Of Revenue is -0.44. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of FPX Nickel Corp, assuming nothing else is changed. The correlation between historical values of FPX Nickel's Ebit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of FPX Nickel Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit i.e., FPX Nickel's Ebit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ebit
Cost Of Revenue
Cost of Revenue is found on FPX Nickel Corp income statement and represents the costs associated with goods and services FPX Nickel provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from FPX Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FPX Nickel 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 FPX Nickel 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, FPX Nickel's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 71.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 10.2 M in 2024.
FPX Nickel fundamental ratios Correlations
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FPX Nickel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FPX Nickel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.5M | 16.3M | 30.5M | 42.3M | 59.9M | 62.9M | |
Total Current Liabilities | 236.1K | 215.0K | 536.8K | 654.5K | 1.1M | 1.2M | |
Total Stockholder Equity | 3.3M | 12.7M | 29.8M | 39.9M | 56.1M | 58.9M | |
Property Plant And Equipment Net | 9.6M | 10.3M | 14.5M | 21.6M | 29.9M | 31.4M | |
Net Debt | 6.3M | (2.4M) | (14.3M) | (17.9M) | (28.7M) | (27.2M) | |
Retained Earnings | (36.6M) | (38.4M) | (42.2M) | (45.9M) | (50.2M) | (47.7M) | |
Accounts Payable | 41.9K | 97.4K | 433.2K | 518.9K | 961.29 | 913.23 | |
Cash | 1.7M | 5.8M | 14.5M | 18.0M | 28.9M | 30.4M | |
Non Current Assets Total | 9.7M | 10.4M | 14.6M | 21.8M | 30.1M | 31.6M | |
Cash And Short Term Investments | 1.7M | 5.8M | 14.5M | 18.0M | 28.9M | 30.4M | |
Net Receivables | 35.4K | 57.9K | 1.3M | 2.2M | 726.5K | 762.9K | |
Common Stock Shares Outstanding | 148.5M | 165.3M | 205.8M | 217.7M | 261.3M | 274.3M | |
Liabilities And Stockholders Equity | 11.5M | 16.3M | 30.5M | 42.3M | 59.9M | 62.9M | |
Other Current Assets | 40.1K | 24.4K | 37.2K | 279.3K | 126.4K | 132.7K | |
Other Stockholder Equity | 6.4M | 6.9M | 9.5M | 11.4M | 13.2M | 9.8M | |
Total Liab | 8.2M | 3.6M | 690.9K | 718.4K | 2.3M | 1.9M | |
Total Current Assets | 1.8M | 5.9M | 15.9M | 20.5M | 29.8M | 31.3M | |
Accumulated Other Comprehensive Income | 6.4M | 6.9M | 9.5M | 10.5M | 924.8K | 878.6K | |
Non Currrent Assets Other | 117.7K | 133.3K | 133.6K | 158.0K | 188.1K | 192.0K | |
Net Tangible Assets | 2.8M | 3.3M | 12.7M | 29.8M | 34.2M | 35.9M | |
Common Stock | 33.5M | 44.2M | 62.5M | 75.3M | 93.9M | 98.6M | |
Property Plant Equipment | 9.2M | 9.6M | 10.3M | 14.5M | 16.6M | 17.5M | |
Other Current Liab | 164.9K | 83.7K | 20K | 45.5K | 961.3K | 1.0M | |
Other Assets | 117.5K | 117.7K | 133.3K | 133.6K | 153.6K | 78.6K | |
Short Long Term Debt Total | 8.0M | 3.4M | 237.7K | 154.1K | 269.4K | 256.0K | |
Long Term Debt | 6.9M | 7.9M | 7.9M | 3.4M | 3.0M | 5.4M | |
Non Current Liabilities Total | 8.0M | 3.4M | 154.1K | 63.9K | 1.2M | 1.1M | |
Net Invested Capital | 11.2M | 16.0M | 29.8M | 39.9M | 56.1M | 58.9M | |
Net Working Capital | 1.6M | 5.7M | 15.3M | 19.8M | 28.7M | 30.1M | |
Capital Stock | 33.5M | 44.2M | 62.5M | 75.3M | 93.9M | 62.6M |
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When running FPX Nickel's price analysis, check to measure FPX Nickel'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 FPX Nickel is operating at the current time. Most of FPX Nickel's value examination focuses on studying past and present price action to predict the probability of FPX Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FPX Nickel's price. Additionally, you may evaluate how the addition of FPX Nickel to your portfolios can decrease your overall portfolio volatility.