First Issuance Of Capital Stock vs Net Income Analysis
| HELI Stock | 0.04 0.01 12.50% |
First Helium financial indicator trend analysis is much more than just examining First Helium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Helium is a good investment. Please check the relationship between First Helium Issuance Of Capital Stock and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Helium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Issuance Of Capital Stock vs Net Income
Issuance Of Capital Stock vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Helium Issuance Of Capital Stock account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between First Helium's Issuance Of Capital Stock and Net Income is -0.03. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Net Income in the same time period over historical financial statements of First Helium, assuming nothing else is changed. The correlation between historical values of First Helium's Issuance Of Capital Stock 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 Issuance Of Capital Stock of First Helium 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 Issuance Of Capital Stock i.e., First Helium's Issuance Of Capital Stock and Net Income go up and down completely randomly.
Correlation Coefficient | -0.03 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Issuance Of Capital Stock
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in First Helium financial statement analysis. It represents the amount of money remaining after all of First Helium operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from First Helium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Helium 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Helium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, First Helium's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.
| 2021 | 2023 | 2024 (projected) | Interest Expense | 18.9K | 17.0K | 16.1K | Interest Income | 41.0K | 294.0 | 279.3 |
First Helium fundamental ratios Correlations
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First Helium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running First Helium's price analysis, check to measure First Helium'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 First Helium is operating at the current time. Most of First Helium's value examination focuses on studying past and present price action to predict the probability of First Helium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Helium's price. Additionally, you may evaluate how the addition of First Helium to your portfolios can decrease your overall portfolio volatility.