AfriTin Net Income vs Net Income From Continuing Ops Analysis

ATM Stock   3.06  0.01  0.33%   
AfriTin Mining financial indicator trend analysis is way more than just evaluating AfriTin Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AfriTin Mining is a good investment. Please check the relationship between AfriTin Mining Net 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 AfriTin Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Net Income vs Net Income From Continuing Ops

Net 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 AfriTin Mining Net Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak relationship.
The correlation between AfriTin Mining's Net Income and Net Income From Continuing Ops is 0.3. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of AfriTin Mining, assuming nothing else is changed. The correlation between historical values of AfriTin Mining's Net 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 Net Income of AfriTin Mining 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 Net Income i.e., AfriTin Mining's Net Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.3
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 AfriTin Mining financial statement analysis. It represents the amount of money remaining after all of AfriTin Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income From Continuing Ops

Most indicators from AfriTin Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AfriTin Mining 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 AfriTin Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At present, AfriTin Mining's Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Reconciled Depreciation2.4M3.4M3.9M4.1M
Interest Income39.1K212.0K243.8K256.0K

AfriTin Mining fundamental ratios Correlations

0.280.491.01.0-0.89-0.970.920.831.0-0.830.760.83-0.510.93-1.00.180.90.99-0.530.4-0.080.190.020.480.0
0.280.710.250.26-0.34-0.210.430.580.26-0.210.720.580.550.52-0.220.960.580.24-0.550.480.320.190.280.5-0.12
0.490.710.460.47-0.56-0.360.680.760.47-0.440.630.760.160.56-0.460.770.760.42-0.270.23-0.010.44-0.10.30.32
1.00.250.461.0-0.88-0.980.910.811.0-0.830.760.81-0.520.93-1.00.160.891.0-0.540.4-0.080.180.030.48-0.01
1.00.260.471.0-0.88-0.980.910.811.0-0.840.760.81-0.510.93-1.00.170.891.0-0.550.4-0.070.190.030.48-0.01
-0.89-0.34-0.56-0.88-0.880.77-0.97-0.95-0.880.76-0.67-0.950.39-0.80.88-0.22-0.93-0.830.24-0.140.070.030.05-0.210.11
-0.97-0.21-0.36-0.98-0.980.77-0.81-0.69-0.970.8-0.75-0.690.52-0.920.97-0.11-0.8-0.990.65-0.480.05-0.21-0.07-0.550.01
0.920.430.680.910.91-0.97-0.810.970.92-0.820.740.97-0.320.87-0.910.350.980.87-0.370.25-0.020.120.010.33-0.03
0.830.580.760.810.81-0.95-0.690.970.82-0.720.761.0-0.170.82-0.810.490.980.76-0.320.240.020.11-0.010.31-0.04
1.00.260.471.01.0-0.88-0.970.920.82-0.830.760.82-0.520.92-1.00.160.890.99-0.530.4-0.090.190.020.480.0
-0.83-0.21-0.44-0.83-0.840.760.8-0.82-0.72-0.83-0.67-0.720.2-0.870.82-0.13-0.76-0.820.55-0.25-0.330.06-0.32-0.270.26
0.760.720.630.760.76-0.67-0.750.740.760.76-0.670.760.040.91-0.730.60.830.76-0.730.560.280.20.20.6-0.07
0.830.580.760.810.81-0.95-0.690.971.00.82-0.720.76-0.170.82-0.810.490.980.76-0.320.240.020.11-0.010.31-0.04
-0.510.550.16-0.52-0.510.390.52-0.32-0.17-0.520.20.04-0.17-0.180.560.59-0.21-0.52-0.180.080.69-0.120.490.0-0.3
0.930.520.560.930.93-0.8-0.920.870.820.92-0.870.910.82-0.18-0.90.420.90.93-0.760.540.220.170.260.59-0.14
-1.0-0.22-0.46-1.0-1.00.880.97-0.91-0.81-1.00.82-0.73-0.810.56-0.9-0.13-0.88-0.990.5-0.360.12-0.190.02-0.45-0.02
0.180.960.770.160.17-0.22-0.110.350.490.16-0.130.60.490.590.42-0.130.510.14-0.490.470.270.380.220.510.06
0.90.580.760.890.89-0.93-0.80.980.980.89-0.760.830.98-0.210.9-0.880.510.85-0.460.370.030.240.010.450.04
0.990.240.421.01.0-0.83-0.990.870.760.99-0.820.760.76-0.520.93-0.990.140.85-0.590.44-0.060.20.050.52-0.01
-0.53-0.55-0.27-0.54-0.550.240.65-0.37-0.32-0.530.55-0.73-0.32-0.18-0.760.5-0.49-0.46-0.59-0.73-0.44-0.19-0.55-0.730.26
0.40.480.230.40.4-0.14-0.480.250.240.4-0.250.560.240.080.54-0.360.470.370.44-0.730.350.490.520.97-0.02
-0.080.32-0.01-0.08-0.070.070.05-0.020.02-0.09-0.330.280.020.690.220.120.270.03-0.06-0.440.35-0.250.810.22-0.57
0.190.190.440.180.190.03-0.210.120.110.190.060.20.11-0.120.17-0.190.380.240.2-0.190.49-0.25-0.310.580.83
0.020.28-0.10.030.030.05-0.070.01-0.010.02-0.320.2-0.010.490.260.020.220.010.05-0.550.520.81-0.310.37-0.72
0.480.50.30.480.48-0.21-0.550.330.310.48-0.270.60.310.00.59-0.450.510.450.52-0.730.970.220.580.370.08
0.0-0.120.32-0.01-0.010.110.01-0.03-0.040.00.26-0.07-0.04-0.3-0.14-0.020.060.04-0.010.26-0.02-0.570.83-0.720.08
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AfriTin Mining Account Relationship Matchups

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Other Information on Investing in AfriTin Stock

Balance Sheet is a snapshot of the financial position of AfriTin Mining at a specified time, usually calculated after every quarter, six months, or one year. AfriTin Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AfriTin Mining 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 AfriTin currently owns. An asset can also be divided into two categories, current and non-current.