| AFCC-H Stock | | | CAD 0.89 0.03 3.49% |
Automotive Finco financial indicator trend analysis is way more than just evaluating Automotive Finco Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Automotive Finco Corp is a good investment. Please check the relationship between Automotive Finco Ebitda and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Automotive Finco 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.
Ebitda vs Other Operating Expenses
Ebitda vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Automotive Finco Corp Ebitda account and
Other Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Automotive Finco's Ebitda and Other Operating Expenses is 0.3. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Automotive Finco Corp, assuming nothing else is changed. The correlation between historical values of Automotive Finco's Ebitda 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 Ebitda of Automotive Finco 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 Ebitda i.e., Automotive Finco's Ebitda and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.3 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Ebitda
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Automotive Finco Corp. It is also known as Automotive Finco 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 Automotive Finco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Automotive Finco 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 Automotive Finco 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.
The current year's
Selling General Administrative is expected to grow to about 572.8
K. The current year's
Tax Provision is expected to grow to about 1.1
M | 2010 | 2023 | 2024 (projected) |
EBITDA | 3.6M | 3.2M | 2.9M | Interest Income | 157.6K | 141.8K | 126.1K |
Automotive Finco fundamental ratios Correlations
Click cells to compare fundamentals
Automotive Finco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Automotive Finco fundamental ratios Accounts
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Other Information on Investing in Automotive Stock
Balance Sheet is a snapshot of the
financial position of Automotive Finco Corp at a specified time, usually calculated after every quarter, six months, or one year. Automotive Finco Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Automotive Finco and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Automotive currently owns. An asset can also be divided into two categories, current and non-current.