| TUF Stock | | | CAD 0.11 0.01 8.33% |
Honey Badger financial indicator trend analysis is much more than just examining Honey Badger Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honey Badger Silver is a good investment. Please check the relationship between Honey Badger Income Before Tax and its Depreciation And Amortization accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Honey Badger Silver. 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 Depreciation And Amortization
Income Before Tax vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Honey Badger Silver Income Before Tax account and
Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Honey Badger's Income Before Tax and Depreciation And Amortization is -0.58. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Honey Badger Silver, assuming nothing else is changed. The correlation between historical values of Honey Badger's Income Before Tax and Depreciation And Amortization 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 Honey Badger Silver are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Honey Badger's Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Honey Badger income statement and is an important metric when analyzing Honey Badger Silver 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.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Honey Badger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honey Badger Silver 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Honey Badger Silver. 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 1.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 927.3
K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Other Operating Expenses | 7.0M | 1.6M | 1.9M | 1.0M | Depreciation And Amortization | 236.6K | 228.5K | 167.9K | 124.9K |
Honey Badger fundamental ratios Correlations
Click cells to compare fundamentals
Honey Badger Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Honey Badger fundamental ratios Accounts
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Additional Tools for Honey Stock Analysis
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