| 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 Other Operating Expenses and its Net Income 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.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lomiko Metals Other Operating Expenses account and
Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lomiko Metals' Other Operating Expenses and Net Income is -0.63. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income 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' Other Operating Expenses 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 Other Operating Expenses of Lomiko Metals 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 Other Operating Expenses i.e., Lomiko Metals' Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.63 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lomiko Metals. It is also known as Lomiko Metals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Lomiko Metals financial statement analysis. It represents the amount of money remaining after all of Lomiko Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.