Amaroq Ebit vs Interest Expense Analysis

AMRQ Stock   80.00  0.50  0.63%   
Amaroq Minerals financial indicator trend analysis is way more than just evaluating Amaroq Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amaroq Minerals is a good investment. Please check the relationship between Amaroq Minerals Ebit and its Interest Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amaroq Minerals. 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.

Ebit vs Interest Expense

Ebit vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amaroq Minerals Ebit account and Interest Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between Amaroq Minerals' Ebit and Interest Expense is -0.98. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Amaroq Minerals, assuming nothing else is changed. The correlation between historical values of Amaroq Minerals' Ebit and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Amaroq Minerals are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Ebit i.e., Amaroq Minerals' Ebit and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Ebit

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Amaroq Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amaroq Minerals 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 Amaroq Minerals. 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 9.6 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Total Operating Expenses13.8M13.4M13.0M8.5M
Cost Of Revenue228.1K518.9K461.4K242.9K

Amaroq Minerals fundamental ratios Correlations

-0.780.830.880.920.02-0.960.690.720.90.09-0.890.720.830.880.60.820.83-0.920.840.990.990.82-0.36-0.910.48
-0.78-0.99-0.44-0.91-0.620.84-0.31-0.15-0.950.210.43-0.15-0.99-0.61-0.26-1.0-0.990.49-0.99-0.72-0.83-1.00.040.87-0.78
0.83-0.990.50.950.56-0.890.40.230.98-0.21-0.510.231.00.660.311.01.0-0.561.00.770.881.0-0.14-0.920.71
0.88-0.440.50.67-0.41-0.790.780.920.620.3-0.960.920.490.910.660.480.49-0.970.510.910.830.48-0.44-0.660.29
0.92-0.910.950.670.36-0.980.640.410.99-0.26-0.710.410.940.830.460.940.94-0.70.950.860.960.94-0.4-0.990.54
0.02-0.620.56-0.410.36-0.2-0.27-0.680.44-0.590.38-0.680.57-0.09-0.320.580.570.370.55-0.090.130.580.22-0.320.52
-0.960.84-0.89-0.79-0.98-0.2-0.7-0.55-0.960.190.8-0.55-0.88-0.9-0.55-0.88-0.880.79-0.89-0.91-0.99-0.870.410.97-0.53
0.69-0.310.40.780.64-0.27-0.70.660.55-0.05-0.880.660.380.860.610.370.37-0.750.410.670.690.37-0.88-0.6-0.09
0.72-0.150.230.920.41-0.68-0.550.660.350.52-0.91.00.220.680.650.210.21-0.930.240.790.630.21-0.37-0.440.01
0.9-0.950.980.620.990.44-0.960.550.35-0.23-0.640.350.980.770.410.980.98-0.660.980.840.940.98-0.29-0.970.62
0.090.21-0.210.3-0.26-0.590.19-0.050.52-0.23-0.240.52-0.21-0.050.28-0.21-0.21-0.37-0.20.22-0.05-0.210.240.29-0.06
-0.890.43-0.51-0.96-0.710.380.8-0.88-0.9-0.64-0.24-0.9-0.5-0.89-0.7-0.49-0.490.97-0.52-0.91-0.84-0.490.620.7-0.11
0.72-0.150.230.920.41-0.68-0.550.661.00.350.52-0.90.220.680.650.210.21-0.930.240.790.630.21-0.37-0.440.01
0.83-0.991.00.490.940.57-0.880.380.220.98-0.21-0.50.220.650.31.01.0-0.551.00.770.871.0-0.12-0.910.72
0.88-0.610.660.910.83-0.09-0.90.860.680.77-0.05-0.890.680.650.640.640.65-0.850.670.860.890.64-0.56-0.790.4
0.6-0.260.310.660.46-0.32-0.550.610.650.410.28-0.70.650.30.640.290.3-0.650.320.620.570.29-0.44-0.450.02
0.82-1.01.00.480.940.58-0.880.370.210.98-0.21-0.490.211.00.640.291.0-0.541.00.760.871.0-0.11-0.910.72
0.83-0.991.00.490.940.57-0.880.370.210.98-0.21-0.490.211.00.650.31.0-0.541.00.760.871.0-0.12-0.910.72
-0.920.49-0.56-0.97-0.70.370.79-0.75-0.93-0.66-0.370.97-0.93-0.55-0.85-0.65-0.54-0.54-0.57-0.95-0.85-0.540.430.7-0.25
0.84-0.991.00.510.950.55-0.890.410.240.98-0.2-0.520.241.00.670.321.01.0-0.570.780.891.0-0.15-0.920.7
0.99-0.720.770.910.86-0.09-0.910.670.790.840.22-0.910.790.770.860.620.760.76-0.950.780.960.76-0.32-0.850.46
0.99-0.830.880.830.960.13-0.990.690.630.94-0.05-0.840.630.870.890.570.870.87-0.850.890.960.87-0.38-0.960.51
0.82-1.01.00.480.940.58-0.870.370.210.98-0.21-0.490.211.00.640.291.01.0-0.541.00.760.87-0.11-0.910.72
-0.360.04-0.14-0.44-0.40.220.41-0.88-0.37-0.290.240.62-0.37-0.12-0.56-0.44-0.11-0.120.43-0.15-0.32-0.38-0.110.380.45
-0.910.87-0.92-0.66-0.99-0.320.97-0.6-0.44-0.970.290.7-0.44-0.91-0.79-0.45-0.91-0.910.7-0.92-0.85-0.96-0.910.38-0.48
0.48-0.780.710.290.540.52-0.53-0.090.010.62-0.06-0.110.010.720.40.020.720.72-0.250.70.460.510.720.45-0.48
Click cells to compare fundamentals

Amaroq Minerals Account Relationship Matchups

Amaroq Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6M37.9M25.0M39.7M63.4M66.6M
Other Current Liab(95.1K)477.7K1.2M694.7K(10.9M)(10.3M)
Total Current Liabilities376.0K515.5K1.2M738.5K25.0M26.2M
Total Stockholder Equity1.2M36.9M23.4M38.6M38.1M22.0M
Property Plant And Equipment Net238.1K840.2K8.6M8.5M23.0M24.2M
Net Debt(983.9K)(35.1M)(15.5M)(30.1M)15.4M16.2M
Retained Earnings(8.6M)(15.6M)(30.3M)(45.0M)(74.5M)(70.8M)
Accounts Payable471.1K831.9K2.0M1.1M1.3M893.7K
Cash983.9K35.5M16.0M30.6M12.5M15.3M
Non Current Assets Total534.1K2.1M8.9M8.8M37.3M39.2M
Non Currrent Assets Other96.8K983.0K5.7K17.0K16.6K15.7K
Cash And Short Term Investments983.9K35.5M16.0M30.6M12.5M15.3M
Net Receivables17.8K36.0K30.0K58.5K2.1M2.2M
Common Stock Shares Outstanding64.5M119.7M177.1M191.6M272.6M145.0M
Liabilities And Stockholders Equity1.6M37.9M25.0M39.7M63.4M66.6M
Other Current Assets269.7K371.3K266.6K450.3K28.7M30.1M
Other Stockholder Equity2.1M(24.4M)(13.3M)(19.4M)(19.5M)(18.5M)
Total Liab376.0K954.2K1.6M1.1M25.3M26.6M
Total Current Assets1.0M35.8M16.2M30.9M44.0M46.2M
Accumulated Other Comprehensive Income828.3K(21.1K)(21.5K)(22.4K)(36.8K)(34.9K)
Common Stock8.1M50.8M51.8M80.3M132.1M138.7M

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