Adyton Net Interest Income vs Income Before Tax Analysis

ADY Stock

CAD 0.16 0.01 6.67%

Adyton Resources financial indicator trend analysis is way more than just evaluating Adyton Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adyton Resources Corp is a good investment. Please check the relationship between Adyton Resources Net Interest Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adyton 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.

Net Interest Income vs Income Before Tax

Net Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adyton Resources Corp Net Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between Adyton Resources' Net Interest Income and Income Before Tax is 0.61. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Adyton Resources Corp, assuming nothing else is changed. The correlation between historical values of Adyton Resources' Net Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Adyton Resources Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Interest Income i.e., Adyton Resources' Net Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

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Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Income Before Tax

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

Most indicators from Adyton Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adyton 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Adyton 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 drop to about 408.7 K in 2025. Issuance Of Capital Stock is likely to drop to about 342 K in 2025

Adyton Resources fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Other Assets	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Accounts Payable	Cash	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Other Current Liab	Other Current Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Current Liabilities		-1.0	0.72	0.73	-0.44	-1.0	-0.18	-0.99	-0.99	-0.97	-0.97	-0.87	0.51	-0.66	-0.82	-0.97	-0.86	0.83	1.0	0.54	0.81	0.81
Net Tangible Assets	-1.0		-0.71	-0.77	0.45	1.0	0.18	1.0	1.0	0.97	0.97	0.87	-0.52	0.68	0.82	0.97	0.86	-0.83	-1.0	-0.59	-0.84	-0.84
Retained Earnings	0.72	-0.71		0.65	0.24	-0.71	0.29	-0.72	-0.72	-0.59	-0.6	-0.29	0.94	-0.69	-0.25	-0.6	-0.94	0.93	0.7	0.54	0.86	0.86
Other Assets	0.73	-0.77	0.65		-0.29	-0.78	-0.12	-0.79	-0.8	-0.62	-0.62	-0.54	0.6	-0.69	-0.56	-0.62	-0.8	0.73	0.72	0.92	0.91	0.91
Net Receivables	-0.44	0.45	0.24	-0.29		0.45	0.69	0.45	0.45	0.54	0.53	0.81	0.48	0.05	0.81	0.53	-0.03	0.04	-0.47	-0.14	-0.05	-0.05
Other Stockholder Equity	-1.0	1.0	-0.71	-0.78	0.45		0.16	1.0	1.0	0.96	0.96	0.86	-0.52	0.69	0.81	0.96	0.87	-0.83	-0.99	-0.61	-0.85	-0.84
Total Current Assets	-0.18	0.18	0.29	-0.12	0.69	0.16		0.17	0.18	0.27	0.26	0.51	0.38	-0.12	0.64	0.26	-0.17	-0.01	-0.2	0.09	0.14	0.14
Common Stock	-0.99	1.0	-0.72	-0.79	0.45	1.0	0.17		1.0	0.96	0.96	0.86	-0.53	0.69	0.81	0.96	0.87	-0.84	-0.99	-0.62	-0.85	-0.85
Property Plant Equipment	-0.99	1.0	-0.72	-0.8	0.45	1.0	0.18	1.0		0.96	0.96	0.86	-0.53	0.69	0.82	0.96	0.87	-0.84	-0.99	-0.62	-0.85	-0.85
Total Assets	-0.97	0.97	-0.59	-0.62	0.54	0.96	0.27	0.96	0.96		1.0	0.93	-0.37	0.63	0.87	1.0	0.75	-0.74	-0.98	-0.4	-0.69	-0.69
Total Stockholder Equity	-0.97	0.97	-0.6	-0.62	0.53	0.96	0.26	0.96	0.96	1.0		0.92	-0.38	0.64	0.86	1.0	0.76	-0.75	-0.98	-0.4	-0.7	-0.69
Accounts Payable	-0.87	0.87	-0.29	-0.54	0.81	0.86	0.51	0.86	0.86	0.93	0.92		-0.03	0.4	0.97	0.92	0.5	-0.5	-0.88	-0.32	-0.48	-0.48
Cash	0.51	-0.52	0.94	0.6	0.48	-0.52	0.38	-0.53	-0.53	-0.37	-0.38	-0.03		-0.68	-0.02	-0.38	-0.87	0.86	0.49	0.56	0.82	0.82
Common Stock Shares Outstanding	-0.66	0.68	-0.69	-0.69	0.05	0.69	-0.12	0.69	0.69	0.63	0.64	0.4	-0.68		0.3	0.64	0.79	-0.69	-0.65	-0.61	-0.82	-0.81
Total Liab	-0.82	0.82	-0.25	-0.56	0.81	0.81	0.64	0.81	0.82	0.87	0.86	0.97	-0.02	0.3		0.86	0.46	-0.51	-0.84	-0.33	-0.45	-0.45
Net Invested Capital	-0.97	0.97	-0.6	-0.62	0.53	0.96	0.26	0.96	0.96	1.0	1.0	0.92	-0.38	0.64	0.86		0.76	-0.75	-0.98	-0.4	-0.7	-0.69
Capital Stock	-0.86	0.86	-0.94	-0.8	-0.03	0.87	-0.17	0.87	0.87	0.75	0.76	0.5	-0.87	0.79	0.46	0.76		-0.96	-0.84	-0.7	-0.97	-0.96
Net Working Capital	0.83	-0.83	0.93	0.73	0.04	-0.83	-0.01	-0.84	-0.84	-0.74	-0.75	-0.5	0.86	-0.69	-0.51	-0.75	-0.96		0.82	0.56	0.88	0.88
Other Current Liab	1.0	-1.0	0.7	0.72	-0.47	-0.99	-0.2	-0.99	-0.99	-0.98	-0.98	-0.88	0.49	-0.65	-0.84	-0.98	-0.84	0.82		0.53	0.8	0.8
Other Current Assets	0.54	-0.59	0.54	0.92	-0.14	-0.61	0.09	-0.62	-0.62	-0.4	-0.4	-0.32	0.56	-0.61	-0.33	-0.4	-0.7	0.56	0.53		0.86	0.86
Property Plant And Equipment Net	0.81	-0.84	0.86	0.91	-0.05	-0.85	0.14	-0.85	-0.85	-0.69	-0.7	-0.48	0.82	-0.82	-0.45	-0.7	-0.97	0.88	0.8	0.86		1.0
Property Plant And Equipment Gross	0.81	-0.84	0.86	0.91	-0.05	-0.84	0.14	-0.85	-0.85	-0.69	-0.69	-0.48	0.82	-0.81	-0.45	-0.69	-0.96	0.88	0.8	0.86	1.0

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Adyton Resources Account Relationship Matchups

Adyton Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Current Liabilities	8.0M	748.2K	410.7K	288.7K	259.8K	246.8K
Retained Earnings	(6.5M)	(5.7M)	(8.0M)	(8.7M)	(7.8M)	(8.2M)
Net Receivables	24.2K	107.5K	5.5K	21.1K	24.2K	36.1K
Total Current Assets	1.3M	1.3M	225.4K	200.1K	230.1K	218.6K
Total Assets	539.8K	15.7M	13.0M	12.7M	14.6M	9.4M
Total Stockholder Equity	276.1K	15.0M	12.6M	12.4M	14.3M	9.0M
Accounts Payable	42.4K	734.0K	310.7K	288.7K	332.0K	302.9K
Cash	528.7K	1.2M	200.3K	158.9K	143.0K	135.8K
Total Liab	263.7K	748.2K	410.7K	288.7K	332.0K	395.4K
Net Invested Capital	276.1K	15.0M	12.6M	12.4M	14.3M	9.0M
Capital Stock	612.3K	0.0	19.3M	20.0M	22.9M	24.1M
Net Working Capital	276.1K	546.1K	(185.4K)	(88.6K)	(79.8K)	(75.8K)

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