Andean Operating Income vs Net Income From Continuing Ops Analysis
| ASL Stock | 1.00 0.02 1.96% |
Andean Silver financial indicator trend analysis is way more than just evaluating Andean Silver Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andean Silver Limited is a good investment. Please check the relationship between Andean Silver Operating Income and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Andean Silver Limited. 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.
Operating Income vs Net Income From Continuing Ops
Operating Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andean Silver Limited Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.
The correlation between Andean Silver's Operating Income and Net Income From Continuing Ops is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Andean Silver Limited, assuming nothing else is changed. The correlation between historical values of Andean Silver's Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Andean Silver Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Andean Silver's Operating Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Andean Silver Limited 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 Andean Silver Limited 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.Net Income From Continuing Ops
Most indicators from Andean Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andean Silver Limited 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 Andean Silver Limited. 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 795.1 K in 2024. Issuance Of Capital Stock is likely to drop to about 1 M in 2024
Andean Silver fundamental ratios Correlations
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Andean Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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