Finlay Ebitda vs Income Before Tax Analysis
FYL Stock | CAD 0.02 0.01 33.33% |
Finlay Minerals financial indicator trend analysis is much more than just examining Finlay Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finlay Minerals is a good investment. Please check the relationship between Finlay Minerals Ebitda and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finlay Minerals. 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.
Ebitda vs Income Before Tax
Ebitda vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finlay Minerals Ebitda account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Finlay Minerals' Ebitda and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Finlay Minerals, assuming nothing else is changed. The correlation between historical values of Finlay Minerals' Ebitda and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Finlay Minerals are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebitda i.e., Finlay Minerals' Ebitda and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Finlay Minerals income statement and is an important metric when analyzing Finlay Minerals 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.Most indicators from Finlay Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finlay Minerals 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 Finlay Minerals. 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, Finlay Minerals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 48.08 in 2024, despite the fact that Tax Provision is likely to grow to (13.7 K).
Finlay Minerals fundamental ratios Correlations
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Finlay Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Finlay Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3M | 9.2M | 12.0M | 11.6M | 11.9M | 7.8M | |
Other Current Liab | 194.1K | 4.5K | 143.1K | 26.7K | 4.1K | 3.9K | |
Total Current Liabilities | 224.6K | 15.7K | 190.4K | 59.9K | 38.1K | 63.1K | |
Total Stockholder Equity | 7.6M | 7.6M | 10.1M | 9.9M | 10.2M | 6.4M | |
Net Debt | (1.1M) | (226.1K) | (1.9M) | (216.6K) | (304.2K) | (319.4K) | |
Retained Earnings | (3.2M) | (3.3M) | (4.2M) | (4.6M) | (5.0M) | (4.8M) | |
Cash | 1.1M | 226.1K | 1.9M | 216.6K | 304.2K | 380.7K | |
Non Current Assets Total | 8.2M | 8.9M | 10.0M | 11.3M | 11.2M | 7.2M | |
Cash And Short Term Investments | 1.1M | 292.6K | 1.9M | 280.4K | 641.0K | 398.9K | |
Net Receivables | 2.0K | 18.1K | 35.3K | 35.7K | 2.5K | 2.4K | |
Common Stock Shares Outstanding | 77.3M | 93.3M | 107.7M | 126.5M | 133.8M | 140.5M | |
Liabilities And Stockholders Equity | 9.3M | 9.2M | 12.0M | 11.6M | 11.9M | 7.8M | |
Total Liab | 1.7M | 1.7M | 1.9M | 1.8M | 1.7M | 1.4M | |
Total Current Assets | 1.1M | 325.4K | 2.0M | 345.5K | 695.0K | 424.9K | |
Property Plant And Equipment Net | 8.1M | 8.8M | 9.9M | 11.2M | 11.1M | 7.4M | |
Accounts Payable | 30.5K | 11.2K | 47.2K | 33.1K | 34.1K | 27.8K | |
Non Current Liabilities Total | 1.5M | 1.6M | 1.7M | 1.7M | 1.7M | 1.6M | |
Other Liab | 1.6M | 1.5M | 1.6M | 1.7M | 2.0M | 1.7M | |
Net Tangible Assets | 6.9M | 7.6M | 7.6M | 10.1M | 11.6M | 7.9M | |
Property Plant Equipment | 8.1M | 8.1M | 8.8M | 9.9M | 11.4M | 9.1M | |
Short Term Investments | 38.5K | 66.6K | 1.3M | 63.8K | 336.8K | 229.1K | |
Other Current Assets | 10.9K | 14.6K | 88.2K | 29.4K | 51.5K | 27.1K | |
Net Invested Capital | 7.6M | 7.6M | 10.1M | 9.9M | 10.2M | 9.3M | |
Net Working Capital | 885.9K | 309.7K | 1.8M | 285.7K | 656.9K | 707.2K |
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Additional Tools for Finlay Stock Analysis
When running Finlay Minerals' price analysis, check to measure Finlay Minerals' 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 Finlay Minerals is operating at the current time. Most of Finlay Minerals' value examination focuses on studying past and present price action to predict the probability of Finlay Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finlay Minerals' price. Additionally, you may evaluate how the addition of Finlay Minerals to your portfolios can decrease your overall portfolio volatility.