ROKMASTER Income Before Tax vs Other Operating Expenses Analysis

RKR Stock

CAD 0.03 0.01 25.00%

ROKMASTER Resources financial indicator trend analysis is much more than just breaking down ROKMASTER Resources Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ROKMASTER Resources Corp is a good investment. Please check the relationship between ROKMASTER Resources Income Before Tax and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ROKMASTER Resources Corp. 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 Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROKMASTER Resources Corp Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.

The correlation between ROKMASTER Resources' Income Before Tax and Other Operating Expenses is -0.76. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of ROKMASTER Resources Corp, assuming nothing else is changed. The correlation between historical values of ROKMASTER Resources' Income Before Tax and Other Operating Expenses 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 ROKMASTER Resources Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., ROKMASTER Resources' Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on ROKMASTER Resources income statement and is an important metric when analyzing ROKMASTER Resources Corp 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ROKMASTER Resources Corp. It is also known as ROKMASTER Resources 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.

Most indicators from ROKMASTER Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ROKMASTER Resources Corp 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 ROKMASTER Resources Corp. 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 climb to about 1 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 1.5 M in 2025.

ROKMASTER Resources fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Other Assets	Other Stockholder Equity	Short Long Term Debt	Short Term Debt	Property Plant Equipment
Common Stock Shares Outstanding		0.32	0.28	0.48	0.11	0.53	-0.08	-0.98	0.76	0.05	0.54	0.96	-0.01	0.45	-0.68	0.29	0.48	0.01	0.99	-0.25	0.93	0.93	0.91	-0.53	-0.25	0.51
Total Assets	0.32		0.71	0.31	0.95	0.49	-0.89	-0.34	0.0	0.88	0.49	0.54	0.86	0.83	0.0	0.97	0.31	0.88	0.42	-0.14	0.64	0.61	0.57	-0.34	-0.14	0.49
Other Current Liab	0.28	0.71		0.77	0.53	-0.04	-0.86	-0.32	0.35	0.86	-0.03	0.39	0.82	0.55	-0.1	0.69	0.77	0.82	0.37	-0.28	0.52	0.52	0.52	-0.32	-0.28	0.17
Total Current Liabilities	0.48	0.31	0.77		0.06	0.02	-0.41	-0.57	0.79	0.42	0.03	0.44	0.33	0.44	-0.24	0.34	1.0	0.34	0.53	-0.15	0.51	0.56	0.59	-0.45	-0.15	-0.04
Total Stockholder Equity	0.11	0.95	0.53	0.06		0.5	-0.83	-0.13	-0.29	0.82	0.5	0.37	0.83	0.74	0.23	0.94	0.06	0.85	0.21	-0.08	0.46	0.42	0.36	-0.22	-0.08	0.53
Property Plant And Equipment Net	0.53	0.49	-0.04	0.02	0.5		-0.06	-0.55	0.16	0.04	1.0	0.59	0.0	0.74	-0.06	0.51	0.02	0.03	0.55	-0.14	0.57	0.56	0.52	-0.36	-0.14	0.49
Net Debt	-0.08	-0.89	-0.86	-0.41	-0.83	-0.06		0.11	0.07	-1.0	-0.06	-0.3	-0.99	-0.58	-0.12	-0.87	-0.41	-0.99	-0.19	0.11	-0.43	-0.41	-0.38	0.27	0.11	-0.33
Retained Earnings	-0.98	-0.34	-0.32	-0.57	-0.13	-0.55	0.11		-0.78	-0.09	-0.56	-0.94	-0.02	-0.5	0.53	-0.34	-0.57	-0.03	-0.98	0.25	-0.91	-0.93	-0.91	0.61	0.25	-0.5
Accounts Payable	0.76	0.0	0.35	0.79	-0.29	0.16	0.07	-0.78		-0.07	0.16	0.61	-0.16	0.29	-0.65	-0.01	0.79	-0.15	0.74	-0.2	0.59	0.65	0.68	-0.45	-0.2	-0.07
Cash	0.05	0.88	0.86	0.42	0.82	0.04	-1.0	-0.09	-0.07		0.04	0.28	0.99	0.57	0.13	0.86	0.42	0.99	0.17	-0.08	0.4	0.39	0.36	-0.26	-0.08	0.31
Non Current Assets Total	0.54	0.49	-0.03	0.03	0.5	1.0	-0.06	-0.56	0.16	0.04		0.6	0.01	0.74	-0.06	0.52	0.03	0.04	0.56	-0.14	0.58	0.57	0.53	-0.37	-0.14	0.49
Non Currrent Assets Other	0.96	0.54	0.39	0.44	0.37	0.59	-0.3	-0.94	0.61	0.28	0.6		0.23	0.58	-0.58	0.52	0.44	0.24	0.98	-0.27	0.99	0.98	0.95	-0.57	-0.27	0.64
Cash And Short Term Investments	-0.01	0.86	0.82	0.33	0.83	0.0	-0.99	-0.02	-0.16	0.99	0.01	0.23		0.53	0.16	0.84	0.33	1.0	0.11	-0.07	0.35	0.33	0.3	-0.18	-0.07	0.31
Net Receivables	0.45	0.83	0.55	0.44	0.74	0.74	-0.58	-0.5	0.29	0.57	0.74	0.58	0.53		-0.06	0.81	0.44	0.56	0.54	-0.16	0.65	0.64	0.64	-0.4	-0.16	0.32
Inventory	-0.68	0.0	-0.1	-0.24	0.23	-0.06	-0.12	0.53	-0.65	0.13	-0.06	-0.58	0.16	-0.06		0.11	-0.24	0.16	-0.65	0.16	-0.54	-0.55	-0.57	0.18	0.16	-0.08
Other Current Assets	0.29	0.97	0.69	0.34	0.94	0.51	-0.87	-0.34	-0.01	0.86	0.52	0.52	0.84	0.81	0.11		0.34	0.85	0.4	-0.12	0.61	0.59	0.55	-0.38	-0.12	0.46
Total Liab	0.48	0.31	0.77	1.0	0.06	0.02	-0.41	-0.57	0.79	0.42	0.03	0.44	0.33	0.44	-0.24	0.34		0.34	0.53	-0.15	0.51	0.56	0.59	-0.45	-0.15	-0.04
Total Current Assets	0.01	0.88	0.82	0.34	0.85	0.03	-0.99	-0.03	-0.15	0.99	0.04	0.24	1.0	0.56	0.16	0.85	0.34		0.12	-0.07	0.37	0.34	0.32	-0.18	-0.07	0.31
Common Stock	0.99	0.42	0.37	0.53	0.21	0.55	-0.19	-0.98	0.74	0.17	0.56	0.98	0.11	0.54	-0.65	0.4	0.53	0.12		-0.27	0.96	0.97	0.94	-0.58	-0.27	0.54
Short Long Term Debt Total	-0.25	-0.14	-0.28	-0.15	-0.08	-0.14	0.11	0.25	-0.2	-0.08	-0.14	-0.27	-0.07	-0.16	0.16	-0.12	-0.15	-0.07	-0.27		-0.24	-0.29	-0.25	0.4	1.0	-0.21
Net Tangible Assets	0.93	0.64	0.52	0.51	0.46	0.57	-0.43	-0.91	0.59	0.4	0.58	0.99	0.35	0.65	-0.54	0.61	0.51	0.37	0.96	-0.24		0.99	0.96	-0.54	-0.24	0.64
Other Assets	0.93	0.61	0.52	0.56	0.42	0.56	-0.41	-0.93	0.65	0.39	0.57	0.98	0.33	0.64	-0.55	0.59	0.56	0.34	0.97	-0.29	0.99		0.96	-0.64	-0.29	0.6
Other Stockholder Equity	0.91	0.57	0.52	0.59	0.36	0.52	-0.38	-0.91	0.68	0.36	0.53	0.95	0.3	0.64	-0.57	0.55	0.59	0.32	0.94	-0.25	0.96	0.96		-0.56	-0.25	0.49
Short Long Term Debt	-0.53	-0.34	-0.32	-0.45	-0.22	-0.36	0.27	0.61	-0.45	-0.26	-0.37	-0.57	-0.18	-0.4	0.18	-0.38	-0.45	-0.18	-0.58	0.4	-0.54	-0.64	-0.56		0.4	-0.39
Short Term Debt	-0.25	-0.14	-0.28	-0.15	-0.08	-0.14	0.11	0.25	-0.2	-0.08	-0.14	-0.27	-0.07	-0.16	0.16	-0.12	-0.15	-0.07	-0.27	1.0	-0.24	-0.29	-0.25	0.4		-0.21
Property Plant Equipment	0.51	0.49	0.17	-0.04	0.53	0.49	-0.33	-0.5	-0.07	0.31	0.49	0.64	0.31	0.32	-0.08	0.46	-0.04	0.31	0.54	-0.21	0.64	0.6	0.49	-0.39	-0.21

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ROKMASTER Resources Account Relationship Matchups

ROKMASTER Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	54.3M	103.6M	130.9M	156.0M	179.5M	188.4M
Total Assets	11.6M	7.0M	6.6M	1.4M	1.6M	3.0M
Other Current Liab	1.8M	769.5K	97.4K	549.0K	631.3K	474.8K
Total Current Liabilities	2.6M	1.4M	1.0M	2.1M	2.4M	1.5M
Total Stockholder Equity	9.1M	5.6M	5.5M	(709.7K)	(816.2K)	(775.4K)
Property Plant And Equipment Net	946.5K	2.0M	6.1M	1.2M	1.4M	1.3M
Net Debt	(10.2M)	(4.7M)	(33.2K)	(25.8K)	(23.2K)	(24.3K)
Retained Earnings	(16.2M)	(23.7M)	(29.5M)	(37.5M)	(33.7M)	(32.0M)
Accounts Payable	779.1K	622.4K	940.9K	1.5M	1.8M	1.9M
Cash	10.2M	4.7M	33.2K	25.8K	29.6K	28.1K
Non Current Assets Total	994K	2.1M	6.2M	1.3M	1.5M	1.3M
Cash And Short Term Investments	10.2M	4.7M	33.2K	25.8K	29.6K	28.1K
Net Receivables	187.4K	80.0K	214.5K	57.5K	66.1K	73.9K
Liabilities And Stockholders Equity	11.6M	7.0M	6.6M	1.4M	1.6M	3.0M
Other Current Assets	268.3K	216.3K	161.8K	21.7K	24.9K	23.7K
Total Liab	2.6M	1.4M	1.0M	2.1M	2.4M	1.5M
Total Current Assets	10.6M	5.0M	409.4K	104.9K	120.7K	114.6K
Accumulated Other Comprehensive Income	10.4M	11.1M	13.3M	13.5M	15.6M	16.3M
Common Stock	14.9M	18.2M	21.7M	23.2M	26.7M	28.1M
Net Invested Capital	9.1M	5.6M	5.5M	(709.7K)	(816.2K)	(775.4K)
Net Working Capital	8.1M	3.6M	(628.9K)	(2.0M)	(2.3M)	(2.2M)
Capital Stock	14.9M	18.2M	21.7M	23.2M	26.7M	17.0M

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