| LMR Stock | | | CAD 0.13 0.00 0.00% |
Lomiko Metals financial indicator trend analysis is infinitely more than just investigating Lomiko Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lomiko Metals is a good investment. Please check the relationship between Lomiko Metals Income Before Tax and its Non Recurring accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lomiko 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.
Income Before Tax vs Non Recurring
Income Before Tax vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lomiko Metals Income Before Tax account and
Non Recurring. At this time, the significance of the direction appears to have weak relationship.
The correlation between Lomiko Metals' Income Before Tax and Non Recurring is 0.3. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Lomiko Metals, assuming nothing else is changed. The correlation between historical values of Lomiko Metals' Income Before Tax and Non Recurring 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 Lomiko Metals are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Income Before Tax i.e., Lomiko Metals' Income Before Tax and Non Recurring go up and down completely randomly.
Correlation Coefficient | 0.3 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Lomiko Metals income statement and is an important metric when analyzing Lomiko Metals 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.
Non Recurring
Most indicators from Lomiko Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lomiko 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 Lomiko 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.
At this time, Lomiko Metals'
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 3.6
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(38.72) in 2024.
Lomiko Metals fundamental ratios Correlations
Click cells to compare fundamentals
Lomiko Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lomiko Metals fundamental ratios Accounts
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Additional Tools for Lomiko Stock Analysis
When running Lomiko Metals' price analysis, check to
measure Lomiko 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 Lomiko Metals is operating at the current time. Most of Lomiko Metals' value examination focuses on studying past and present price action to
predict the probability of Lomiko Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lomiko Metals' price. Additionally, you may evaluate how the addition of Lomiko Metals to your portfolios can decrease your overall portfolio volatility.