Amaroq Net Income vs Interest Income 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 Net Income and its Interest Income 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.

Net Income vs Interest Income

Net Income vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amaroq Minerals Net Income account and Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Amaroq Minerals' Net Income and Interest Income is 0.26. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Income 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' Net Income and Interest 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 Net Income of Amaroq Minerals are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income i.e., Amaroq Minerals' Net Income and Interest Income go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Amaroq Minerals financial statement analysis. It represents the amount of money remaining after all of Amaroq Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Amaroq Stock Analysis

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