Vendetta Depreciation And Amortization vs Operating Income Analysis

VTT Stock  CAD 0.01  0.01  50.00%   
Vendetta Mining financial indicator trend analysis is much more than just breaking down Vendetta Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vendetta Mining Corp is a good investment. Please check the relationship between Vendetta Mining Depreciation And Amortization and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vendetta Mining 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.

Depreciation And Amortization vs Operating Income

Depreciation And Amortization vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vendetta Mining Corp Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Vendetta Mining's Depreciation And Amortization and Operating Income is 0.2. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of Vendetta Mining Corp, assuming nothing else is changed. The correlation between historical values of Vendetta Mining's Depreciation And Amortization 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 Depreciation And Amortization of Vendetta Mining Corp 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 Depreciation And Amortization i.e., Vendetta Mining's Depreciation And Amortization and Operating Income go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Operating Income

Operating Income is the amount of profit realized from Vendetta Mining Corp 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 Vendetta Mining Corp 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 Vendetta Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vendetta Mining 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vendetta Mining 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.
Enterprise Value is likely to climb to about 9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 156.1 K in 2024.

Vendetta Mining fundamental ratios Correlations

0.560.860.880.18-0.880.240.880.26-0.03-0.160.580.250.79-0.23-0.630.040.830.770.780.92-0.90.56-0.74-0.50.7
0.560.130.610.71-0.51-0.160.61-0.17-0.30.010.89-0.170.36-0.3-0.37-0.140.390.590.130.62-0.510.29-0.860.150.33
0.860.130.68-0.27-0.760.420.680.460.19-0.320.10.430.75-0.07-0.540.120.780.460.90.72-0.780.52-0.39-0.720.73
0.880.610.680.44-0.97-0.181.0-0.14-0.12-0.090.65-0.170.92-0.5-0.52-0.020.930.860.760.97-0.860.63-0.88-0.620.83
0.180.71-0.270.44-0.28-0.730.44-0.75-0.370.380.8-0.730.17-0.58-0.03-0.180.140.59-0.240.45-0.140.2-0.690.210.13
-0.88-0.51-0.76-0.97-0.280.1-0.970.050.050.24-0.510.09-0.970.340.56-0.07-0.98-0.74-0.84-0.940.92-0.490.840.7-0.87
0.24-0.160.42-0.18-0.730.1-0.181.00.22-0.3-0.211.0-0.130.62-0.270.11-0.04-0.240.27-0.16-0.19-0.080.310.09-0.18
0.880.610.681.00.44-0.97-0.18-0.14-0.12-0.090.65-0.170.92-0.5-0.52-0.020.930.860.760.97-0.860.63-0.88-0.620.83
0.26-0.170.46-0.14-0.750.051.0-0.140.22-0.34-0.220.99-0.070.61-0.290.120.02-0.220.34-0.13-0.23-0.070.280.03-0.12
-0.03-0.30.19-0.12-0.370.050.22-0.120.220.12-0.350.25-0.040.39-0.310.37-0.02-0.220.14-0.13-0.030.050.27-0.160.02
-0.160.01-0.32-0.090.380.24-0.3-0.09-0.340.120.19-0.29-0.29-0.30.360.02-0.30.14-0.39-0.070.260.110.060.28-0.27
0.580.890.10.650.8-0.51-0.210.65-0.22-0.350.19-0.210.34-0.34-0.38-0.130.380.770.090.66-0.530.27-0.840.180.2
0.25-0.170.43-0.17-0.730.091.0-0.170.990.25-0.29-0.21-0.120.63-0.280.13-0.04-0.240.28-0.15-0.2-0.080.30.08-0.17
0.790.360.750.920.17-0.97-0.130.92-0.07-0.04-0.290.34-0.12-0.38-0.460.030.990.650.890.86-0.850.53-0.73-0.830.93
-0.23-0.3-0.07-0.5-0.580.340.62-0.50.610.39-0.3-0.340.63-0.38-0.220.43-0.31-0.55-0.15-0.480.03-0.720.40.38-0.52
-0.63-0.37-0.54-0.52-0.030.56-0.27-0.52-0.29-0.310.36-0.38-0.28-0.46-0.22-0.44-0.52-0.54-0.52-0.520.58-0.170.450.22-0.34
0.04-0.140.12-0.02-0.18-0.070.11-0.020.120.370.02-0.130.130.030.43-0.440.070.070.12-0.01-0.11-0.290.05-0.02-0.06
0.830.390.780.930.14-0.98-0.040.930.02-0.02-0.30.38-0.040.99-0.31-0.520.070.670.920.87-0.890.51-0.74-0.790.9
0.770.590.460.860.59-0.74-0.240.86-0.22-0.220.140.77-0.240.65-0.55-0.540.070.670.480.87-0.620.55-0.77-0.340.53
0.780.130.90.76-0.24-0.840.270.760.340.14-0.390.090.280.89-0.15-0.520.120.920.480.71-0.80.52-0.45-0.850.84
0.920.620.720.970.45-0.94-0.160.97-0.13-0.13-0.070.66-0.150.86-0.48-0.52-0.010.870.870.71-0.840.59-0.87-0.570.79
-0.9-0.51-0.78-0.86-0.140.92-0.19-0.86-0.23-0.030.26-0.53-0.2-0.850.030.58-0.11-0.89-0.62-0.8-0.84-0.330.780.52-0.69
0.560.290.520.630.2-0.49-0.080.63-0.070.050.110.27-0.080.53-0.72-0.17-0.290.510.550.520.59-0.33-0.35-0.570.7
-0.74-0.86-0.39-0.88-0.690.840.31-0.880.280.270.06-0.840.3-0.730.40.450.05-0.74-0.77-0.45-0.870.78-0.350.26-0.62
-0.50.15-0.72-0.620.210.70.09-0.620.03-0.160.280.180.08-0.830.380.22-0.02-0.79-0.34-0.85-0.570.52-0.570.26-0.87
0.70.330.730.830.13-0.87-0.180.83-0.120.02-0.270.2-0.170.93-0.52-0.34-0.060.90.530.840.79-0.690.7-0.62-0.87
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Vendetta Mining Account Relationship Matchups

Vendetta Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2M6.3M7.7M6.4M6.1M3.8M
Total Current Liabilities4.1M3.2M444.5K502.1K882.1K903.8K
Total Stockholder Equity2.1M3.1M7.2M5.9M5.2M2.7M
Property Plant And Equipment Net6.0M6.0M6.0M6.1M6.0M6.3M
Net Debt3.4M2.3M(1.5M)(216.5K)(249.0K)(236.6K)
Retained Earnings(18.6M)(19.3M)(20.9M)(23.3M)(24.0M)(22.8M)
Cash157.3K253.4K1.5M285.6K18.3K17.4K
Non Current Assets Total6.0M6.0M6.0M6.1M6.0M6.3M
Cash And Short Term Investments157.3K253.4K1.5M285.6K328.4K312.0K
Net Receivables2.4K41.8K107.6K19.7K22.1K39.8K
Liabilities And Stockholders Equity6.2M6.3M7.7M6.4M7.4M7.7M
Other Stockholder Equity201K129.4K222K6K5.4K5.1K
Total Liab4.1M3.2M444.5K536.8K882.1K1.1M
Total Current Assets181.0K298.9K1.6M335.5K50.6K48.1K
Accumulated Other Comprehensive Income1.3M1.6M1.6M1.6M1.8M943.7K
Common Stock Shares Outstanding173.3M204.9M247.1M306.3M323.2M339.3M
Accounts Payable366.45357.83270.2194.4785.0280.77
Other Current Assets21.3K3.8K21.0K30.1K27.1K21.7K
Common Stock19.0M20.7M26.2M27.6M31.7M33.3M
Other Current Liab537.6K592.7K444.2K467.7K537.9K406.4K
Net Tangible Assets2.1M3.1M7.2M5.9M6.8M7.1M
Property Plant Equipment6.0M6.0M6.0M6.1M7.0M3.8M
Net Invested Capital5.7M5.7M7.2M5.9M5.2M5.8M
Net Working Capital(3.9M)(2.9M)1.2M(166.6K)(831.4K)(789.8K)
Capital Stock19.0M20.7M26.2M27.6M31.7M25.3M

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Additional Tools for Vendetta Stock Analysis

When running Vendetta Mining's price analysis, check to measure Vendetta Mining'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 Vendetta Mining is operating at the current time. Most of Vendetta Mining's value examination focuses on studying past and present price action to predict the probability of Vendetta Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vendetta Mining's price. Additionally, you may evaluate how the addition of Vendetta Mining to your portfolios can decrease your overall portfolio volatility.