| PEX Stock | | | CAD 0.03 0.01 16.67% |
Pacific Ridge financial indicator trend analysis is much more than just breaking down Pacific Ridge Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Ridge Exploration is a good investment. Please check the relationship between Pacific Ridge Net Interest Income and its Income Before Tax accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Ridge Exploration. 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 Interest Income vs Income Before Tax
Net Interest Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pacific Ridge Exploration Net Interest Income account and
Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Pacific Ridge's Net Interest Income and Income Before Tax is -0.8. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Pacific Ridge Exploration, assuming nothing else is changed. The correlation between historical values of Pacific Ridge's Net Interest Income 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 Net Interest Income of Pacific Ridge Exploration 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 Net Interest Income i.e., Pacific Ridge's Net Interest Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.8 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Pacific Ridge income statement and is an important metric when analyzing Pacific Ridge Exploration 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 Pacific Ridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Ridge Exploration 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Ridge Exploration. 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, Pacific Ridge's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 18.9
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 628
K in 2024.
Pacific Ridge fundamental ratios Correlations
Click cells to compare fundamentals
Pacific Ridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Ridge fundamental ratios Accounts
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Additional Tools for Pacific Stock Analysis
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measure Pacific Ridge'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 Pacific Ridge is operating at the current time. Most of Pacific Ridge's value examination focuses on studying past and present price action to
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