Power Gross Profit vs Operating Income Analysis

POW Stock

14.13 0.87 5.80%

Power Metal financial indicator trend analysis is much more than just breaking down Power Metal Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Metal Resources is a good investment. Please check the relationship between Power Metal Gross Profit and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Metal Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power Metal Resources Gross Profit account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Power Metal's Gross Profit and Operating Income is 0.47. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Power Metal Resources, assuming nothing else is changed. The correlation between historical values of Power Metal's Gross Profit and Operating 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 Gross Profit of Power Metal Resources are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Power Metal's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Power Metal Resources minus its cost of goods sold. It is profit before Power Metal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Power Metal Resources operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Power Metal Resources is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Power Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Metal Resources 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 Power Metal Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

As of November 29, 2024, Selling General Administrative is expected to decline to about 30.8 K. In addition to that, Discontinued Operations is expected to decline to about (5.2 M)

Power Metal fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Net Receivables	Inventory
Total Assets		0.89	0.99	-0.72	-0.57	0.84	0.73	0.84	0.89	0.86	0.62	-0.23	0.0	0.57	-0.41	0.57	0.24	0.15	0.47	0.14	0.35	-0.23	0.12	0.53	0.35	-0.2
Total Current Liabilities	0.89		0.87	-0.58	-0.57	0.85	0.6	0.72	1.0	0.75	0.62	-0.22	0.16	0.49	-0.4	0.48	0.28	0.14	0.39	0.11	0.26	-0.22	0.14	0.49	0.45	-0.15
Total Stockholder Equity	0.99	0.87		-0.72	-0.58	0.8	0.73	0.83	0.87	0.85	0.63	-0.23	-0.03	0.51	-0.44	0.53	0.23	0.11	0.4	0.11	0.29	-0.23	0.09	0.49	0.31	-0.17
Net Debt	-0.72	-0.58	-0.72		0.8	-0.7	-1.0	-0.71	-0.58	-0.75	-0.75	0.44	0.1	-0.63	0.27	-0.3	-0.55	-0.34	-0.52	-0.34	-0.41	0.44	-0.21	0.02	-0.66	0.16
Retained Earnings	-0.57	-0.57	-0.58	0.8		-0.52	-0.8	-0.62	-0.57	-0.63	-0.97	0.58	0.15	-0.39	0.42	0.11	-0.7	-0.24	-0.22	-0.23	-0.13	0.58	-0.19	0.26	-0.51	0.0
Accounts Payable	0.84	0.85	0.8	-0.7	-0.52		0.71	0.63	0.85	0.7	0.51	-0.19	0.0	0.84	-0.26	0.65	0.28	0.26	0.66	0.21	0.49	-0.19	0.16	0.53	0.57	-0.16
Cash	0.73	0.6	0.73	-1.0	-0.8	0.71		0.71	0.6	0.75	0.74	-0.41	-0.11	0.64	-0.28	0.3	0.53	0.32	0.51	0.32	0.4	-0.41	0.19	-0.01	0.66	-0.15
Cash And Short Term Investments	0.84	0.72	0.83	-0.71	-0.62	0.63	0.71		0.72	0.99	0.57	-0.28	0.24	0.34	-0.18	0.39	0.39	0.44	0.52	0.44	0.52	-0.28	0.41	0.24	0.24	-0.54
Total Liab	0.89	1.0	0.87	-0.58	-0.57	0.85	0.6	0.72		0.75	0.62	-0.22	0.16	0.49	-0.4	0.48	0.28	0.14	0.39	0.11	0.26	-0.22	0.14	0.49	0.45	-0.15
Total Current Assets	0.86	0.75	0.85	-0.75	-0.63	0.7	0.75	0.99	0.75		0.58	-0.29	0.22	0.44	-0.18	0.44	0.4	0.45	0.59	0.45	0.56	-0.29	0.4	0.28	0.3	-0.52
Common Stock	0.62	0.62	0.63	-0.75	-0.97	0.51	0.74	0.57	0.62	0.58		-0.61	-0.17	0.34	-0.5	-0.07	0.66	0.13	0.12	0.12	0.01	-0.61	0.11	-0.16	0.51	0.1
Short Long Term Debt Total	-0.23	-0.22	-0.23	0.44	0.58	-0.19	-0.41	-0.28	-0.22	-0.29	-0.61		-0.4	-0.15	-0.25	-0.15	-0.9	-0.6	-0.4	-0.65	-0.4	1.0	-0.64	0.09	-0.5	0.37
Other Current Liab	0.0	0.16	-0.03	0.1	0.15	0.0	-0.11	0.24	0.16	0.22	-0.17	-0.4		-0.19	0.69	0.39	0.38	0.72	0.48	0.76	0.62	-0.4	0.81	0.21	0.21	-0.82
Property Plant And Equipment Net	0.57	0.49	0.51	-0.63	-0.39	0.84	0.64	0.34	0.49	0.44	0.34	-0.15	-0.19		-0.14	0.55	0.22	0.19	0.7	0.17	0.49	-0.15	0.05	0.42	0.56	-0.03
Current Deferred Revenue	-0.41	-0.4	-0.44	0.27	0.42	-0.26	-0.28	-0.18	-0.4	-0.18	-0.5	-0.25	0.69	-0.14		0.31	0.31	0.66	0.45	0.69	0.6	-0.25	0.67	0.03	0.01	-0.69
Non Current Assets Total	0.57	0.48	0.53	-0.3	0.11	0.65	0.3	0.39	0.48	0.44	-0.07	-0.15	0.39	0.55	0.31		0.12	0.37	0.73	0.39	0.67	-0.15	0.37	0.84	0.32	-0.49
Common Stock Total Equity	0.24	0.28	0.23	-0.55	-0.7	0.28	0.53	0.39	0.28	0.4	0.66	-0.9	0.38	0.22	0.31	0.12		0.67	0.46	0.7	0.47	-0.9	0.68	-0.21	0.58	-0.42
Common Stock Shares Outstanding	0.15	0.14	0.11	-0.34	-0.24	0.26	0.32	0.44	0.14	0.45	0.13	-0.6	0.72	0.19	0.66	0.37	0.67		0.77	0.97	0.87	-0.6	0.9	-0.02	0.41	-0.87
Other Current Assets	0.47	0.39	0.4	-0.52	-0.22	0.66	0.51	0.52	0.39	0.59	0.12	-0.4	0.48	0.7	0.45	0.73	0.46	0.77		0.78	0.96	-0.4	0.68	0.41	0.51	-0.72
Other Stockholder Equity	0.14	0.11	0.11	-0.34	-0.23	0.21	0.32	0.44	0.11	0.45	0.12	-0.65	0.76	0.17	0.69	0.39	0.7	0.97	0.78		0.89	-0.65	0.94	-0.02	0.4	-0.9
Property Plant And Equipment Gross	0.35	0.26	0.29	-0.41	-0.13	0.49	0.4	0.52	0.26	0.56	0.01	-0.4	0.62	0.49	0.6	0.67	0.47	0.87	0.96	0.89		-0.4	0.8	0.3	0.4	-0.87
Short Term Debt	-0.23	-0.22	-0.23	0.44	0.58	-0.19	-0.41	-0.28	-0.22	-0.29	-0.61	1.0	-0.4	-0.15	-0.25	-0.15	-0.9	-0.6	-0.4	-0.65	-0.4		-0.64	0.09	-0.5	0.37
Non Currrent Assets Other	0.12	0.14	0.09	-0.21	-0.19	0.16	0.19	0.41	0.14	0.4	0.11	-0.64	0.81	0.05	0.67	0.37	0.68	0.9	0.68	0.94	0.8	-0.64		0.05	0.3	-0.88
Intangible Assets	0.53	0.49	0.49	0.02	0.26	0.53	-0.01	0.24	0.49	0.28	-0.16	0.09	0.21	0.42	0.03	0.84	-0.21	-0.02	0.41	-0.02	0.3	0.09	0.05		0.01	-0.19
Net Receivables	0.35	0.45	0.31	-0.66	-0.51	0.57	0.66	0.24	0.45	0.3	0.51	-0.5	0.21	0.56	0.01	0.32	0.58	0.41	0.51	0.4	0.4	-0.5	0.3	0.01		-0.11
Inventory	-0.2	-0.15	-0.17	0.16	0.0	-0.16	-0.15	-0.54	-0.15	-0.52	0.1	0.37	-0.82	-0.03	-0.69	-0.49	-0.42	-0.87	-0.72	-0.9	-0.87	0.37	-0.88	-0.19	-0.11

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Power Metal Account Relationship Matchups

Power Metal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6M	2.7M	6.3M	14.6M	15.4M	137.8K
Total Current Liabilities	66K	277K	317K	850K	885K	49.4K
Total Stockholder Equity	1.8M	2.7M	6.3M	11.7M	13.6M	88.4K
Net Debt	(171K)	(913K)	(1.3M)	(1.6M)	(1.1M)	(27.3K)
Retained Earnings	(19.5M)	(20.9M)	(21.5M)	(23.7M)	(24.3M)	(7.4K)
Accounts Payable	20K	24K	250K	686K	343K	49.4K
Cash	171K	913K	1.3M	1.6M	1.1M	24.7K
Cash And Short Term Investments	171K	913K	1.5M	3.9M	8.3M	24.7K
Liabilities And Stockholders Equity	1.6M	2.7M	6.3M	14.6M	15.4M	137.8K
Total Liab	66K	277K	317K	850K	885K	49.4K
Total Current Assets	203K	1.0M	1.8M	5.4M	9.0M	137.8K
Common Stock	6.8M	7.3M	7.7M	8.1M	8.5M	95K
Other Current Liab	253K	67K	164K	488K	561.2K	589.3K
Non Current Assets Total	1.6M	4.5M	9.2M	6.4M	7.4M	5.2M
Common Stock Shares Outstanding	27.9M	54.0M	72.9M	92.1M	105.9M	111.2M
Other Current Assets	35K	224K	1.3M	641K	737.2K	774.0K
Other Stockholder Equity	14.9M	18.4M	23.3M	29.3M	33.7M	35.4M
Accumulated Other Comprehensive Income	1.4M	1.6M	4.1M	1.8M	2.1M	2.2M
Non Currrent Assets Other	(156K)	179K	2.4M	7.2M	8.3M	8.7M
Intangible Assets	156K	800K	7.1M	4.9M	4.5M	3.1M
Net Receivables	75K	104K	123K	31K	35.7K	62.5K
Net Tangible Assets	654K	2.5M	5.5M	4.6M	5.2M	5.5M
Net Invested Capital	2.7M	6.3M	11.7M	13.6M	15.6M	16.4M
Net Working Capital	746K	1.5M	4.6M	8.1M	9.3M	9.7M
Capital Stock	7.3M	7.7M	8.1M	8.5M	9.8M	8.3M

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Other Information on Investing in Power Stock

Balance Sheet is a snapshot of the financial position of Power Metal Resources at a specified time, usually calculated after every quarter, six months, or one year. Power Metal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Power Metal and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Power currently owns. An asset can also be divided into two categories, current and non-current.

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Power Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

Power Metal fundamental ratios Correlations

Power Metal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Power Metal fundamental ratios Accounts

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Other Information on Investing in Power Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Cash And Short Term Investments
Other Stockholder Equity	+ 0.97	Common Stock Shares Outstanding
Property Plant And Equipment Gross	+ 0.96	Other Current Assets

Cash	- 1.0	Net Debt
Common Stock	- 0.97	Retained Earnings
Inventory	- 0.9	Other Stockholder Equity
Short Term Debt	- 0.9	Common Stock Total Equity
Common Stock Total Equity	- 0.9	Short Long Term Debt Total
Inventory	- 0.88	Non Currrent Assets Other