FPX Income Before Tax vs Ebitda 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 Income Before Tax and its Ebitda 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.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FPX Nickel Corp Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between FPX Nickel's Income Before Tax and Ebitda is 0.5. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda 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 Income Before Tax and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of FPX Nickel Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., FPX Nickel's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on FPX Nickel income statement and is an important metric when analyzing FPX Nickel Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Ebitda

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

0.930.990.97-0.89-0.730.210.980.970.980.680.910.720.37-0.20.980.810.950.990.870.740.58-0.9-0.54-0.71-0.86
0.930.890.94-0.76-0.690.120.880.940.880.550.820.580.24-0.020.880.810.830.90.840.870.56-0.8-0.45-0.6-0.76
0.990.890.92-0.95-0.660.271.00.921.00.70.860.740.38-0.361.00.720.970.970.80.670.53-0.92-0.44-0.74-0.88
0.970.940.92-0.77-0.820.150.911.00.910.630.940.680.30.010.910.90.880.970.940.770.62-0.84-0.66-0.66-0.81
-0.89-0.76-0.95-0.770.46-0.3-0.96-0.77-0.96-0.66-0.71-0.69-0.390.61-0.97-0.5-0.93-0.86-0.6-0.55-0.410.880.20.730.84
-0.73-0.69-0.66-0.820.46-0.15-0.61-0.82-0.61-0.54-0.94-0.53-0.13-0.24-0.62-0.8-0.69-0.82-0.91-0.51-0.670.670.750.590.67
0.210.120.270.15-0.3-0.150.220.140.220.820.20.530.21-0.370.260.180.430.240.26-0.380.37-0.52-0.16-0.55-0.59
0.980.881.00.91-0.96-0.610.220.911.00.650.830.70.41-0.381.00.680.960.950.760.70.5-0.89-0.39-0.71-0.85
0.970.940.921.0-0.77-0.820.140.910.910.630.940.680.310.020.910.90.880.970.940.770.62-0.84-0.66-0.66-0.81
0.980.881.00.91-0.96-0.610.221.00.910.650.830.70.41-0.381.00.680.960.950.760.70.5-0.89-0.39-0.71-0.85
0.680.550.70.63-0.66-0.540.820.650.630.650.640.850.29-0.340.690.550.790.70.640.090.5-0.81-0.42-0.71-0.84
0.910.820.860.94-0.71-0.940.20.830.940.830.640.630.290.020.840.850.880.960.950.610.68-0.83-0.72-0.69-0.82
0.720.580.740.68-0.69-0.530.530.70.680.70.850.630.26-0.330.720.50.730.720.570.260.44-0.7-0.32-0.57-0.7
0.370.240.380.3-0.39-0.130.210.410.310.410.290.290.26-0.140.410.170.350.320.30.180.22-0.31-0.15-0.28-0.3
-0.2-0.02-0.360.010.61-0.24-0.37-0.380.02-0.38-0.340.02-0.33-0.14-0.390.31-0.4-0.180.20.160.140.38-0.450.370.37
0.980.881.00.91-0.97-0.620.261.00.911.00.690.840.720.41-0.390.690.970.950.770.670.51-0.91-0.4-0.72-0.87
0.810.810.720.9-0.5-0.80.180.680.90.680.550.850.50.170.310.690.70.810.940.630.71-0.73-0.85-0.62-0.72
0.950.830.970.88-0.93-0.690.430.960.880.960.790.880.730.35-0.40.970.70.960.820.530.59-0.97-0.47-0.83-0.95
0.990.90.970.97-0.86-0.820.240.950.970.950.70.960.720.32-0.180.950.810.960.90.690.62-0.91-0.58-0.74-0.88
0.870.840.80.94-0.6-0.910.260.760.940.760.640.950.570.30.20.770.940.820.90.620.72-0.81-0.81-0.68-0.8
0.740.870.670.77-0.55-0.51-0.380.70.770.70.090.610.260.180.160.670.630.530.690.620.31-0.46-0.29-0.26-0.39
0.580.560.530.62-0.41-0.670.370.50.620.50.50.680.440.220.140.510.710.590.620.720.31-0.62-0.55-0.65-0.63
-0.9-0.8-0.92-0.840.880.67-0.52-0.89-0.84-0.89-0.81-0.83-0.7-0.310.38-0.91-0.73-0.97-0.91-0.81-0.46-0.620.50.921.0
-0.54-0.45-0.44-0.660.20.75-0.16-0.39-0.66-0.39-0.42-0.72-0.32-0.15-0.45-0.4-0.85-0.47-0.58-0.81-0.29-0.550.50.450.52
-0.71-0.6-0.74-0.660.730.59-0.55-0.71-0.66-0.71-0.71-0.69-0.57-0.280.37-0.72-0.62-0.83-0.74-0.68-0.26-0.650.920.450.93
-0.86-0.76-0.88-0.810.840.67-0.59-0.85-0.81-0.85-0.84-0.82-0.7-0.30.37-0.87-0.72-0.95-0.88-0.8-0.39-0.631.00.520.93
Click cells to compare fundamentals

FPX Nickel Account Relationship Matchups

FPX Nickel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.5M16.3M30.5M42.3M59.9M62.9M
Total Current Liabilities236.1K215.0K536.8K654.5K1.1M1.2M
Total Stockholder Equity3.3M12.7M29.8M39.9M56.1M58.9M
Property Plant And Equipment Net9.6M10.3M14.5M21.6M29.9M31.4M
Net Debt6.3M(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 Payable41.9K97.4K433.2K518.9K961.29913.23
Cash1.7M5.8M14.5M18.0M28.9M30.4M
Non Current Assets Total9.7M10.4M14.6M21.8M30.1M31.6M
Cash And Short Term Investments1.7M5.8M14.5M18.0M28.9M30.4M
Net Receivables35.4K57.9K1.3M2.2M726.5K762.9K
Common Stock Shares Outstanding148.5M165.3M205.8M217.7M261.3M274.3M
Liabilities And Stockholders Equity11.5M16.3M30.5M42.3M59.9M62.9M
Other Current Assets40.1K24.4K37.2K279.3K126.4K132.7K
Other Stockholder Equity6.4M6.9M9.5M11.4M13.2M9.8M
Total Liab8.2M3.6M690.9K718.4K2.3M1.9M
Total Current Assets1.8M5.9M15.9M20.5M29.8M31.3M
Accumulated Other Comprehensive Income6.4M6.9M9.5M10.5M924.8K878.6K
Non Currrent Assets Other117.7K133.3K133.6K158.0K188.1K192.0K
Net Tangible Assets2.8M3.3M12.7M29.8M34.2M35.9M
Common Stock33.5M44.2M62.5M75.3M93.9M98.6M
Property Plant Equipment9.2M9.6M10.3M14.5M16.6M17.5M
Other Current Liab164.9K83.7K20K45.5K961.3K1.0M
Other Assets117.5K117.7K133.3K133.6K153.6K78.6K
Short Long Term Debt Total8.0M3.4M237.7K154.1K269.4K256.0K
Long Term Debt6.9M7.9M7.9M3.4M3.0M5.4M
Non Current Liabilities Total8.0M3.4M154.1K63.9K1.2M1.1M
Net Invested Capital11.2M16.0M29.8M39.9M56.1M58.9M
Net Working Capital1.6M5.7M15.3M19.8M28.7M30.1M
Capital Stock33.5M44.2M62.5M75.3M93.9M62.6M

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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.