Leeuwin Net Income vs Free Cash Flow Analysis
| LM1 Stock | 0.06 0.01 7.69% |
Leeuwin Metals financial indicator trend analysis is infinitely more than just investigating Leeuwin Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leeuwin Metals is a good investment. Please check the relationship between Leeuwin Metals Net Income and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leeuwin Metals. 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.
Net Income vs Free Cash Flow
Net Income vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leeuwin Metals Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Leeuwin Metals' Net Income and Free Cash Flow is 0.84. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Leeuwin Metals, assuming nothing else is changed. The correlation between historical values of Leeuwin Metals' Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Leeuwin Metals are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Leeuwin Metals' Net Income and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Leeuwin Metals financial statement analysis. It represents the amount of money remaining after all of Leeuwin Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Leeuwin Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leeuwin Metals 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leeuwin Metals. 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 General Administrative is likely to drop to about 275.9 K in 2024
Leeuwin Metals fundamental ratios Correlations
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Leeuwin Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Leeuwin Stock Analysis
When running Leeuwin Metals' price analysis, check to measure Leeuwin Metals' 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 Leeuwin Metals is operating at the current time. Most of Leeuwin Metals' value examination focuses on studying past and present price action to predict the probability of Leeuwin Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leeuwin Metals' price. Additionally, you may evaluate how the addition of Leeuwin Metals to your portfolios can decrease your overall portfolio volatility.