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 Operating Income and its Ebit 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.
Operating Income vs Ebit
Operating Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Honey Badger Silver Operating Income account and
Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Honey Badger's Operating Income and Ebit is 0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit 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 Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Honey Badger Silver are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Honey Badger's Operating Income and Ebit go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Honey Badger Silver 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 Honey Badger Silver 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.
Ebit
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.
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
When running Honey Badger's price analysis, check to
measure Honey Badger'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 Honey Badger is operating at the current time. Most of Honey Badger's value examination focuses on studying past and present price action to
predict the probability of Honey Badger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honey Badger's price. Additionally, you may evaluate how the addition of Honey Badger to your portfolios can decrease your overall portfolio volatility.