ATYM Stock | | | 351.00 1.00 0.29% |
Atalaya Mining financial indicator trend analysis is way more than just evaluating Atalaya Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atalaya Mining is a good investment. Please check the relationship between Atalaya Mining Ebitda and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Atalaya 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 board of governors.
Ebitda vs Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atalaya Mining Ebitda account and
Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Atalaya Mining's Ebitda and Operating Income is 0.97. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Atalaya Mining, assuming nothing else is changed. The correlation between historical values of Atalaya Mining's Ebitda and Operating 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 Ebitda of Atalaya Mining are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., Atalaya Mining's Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Operating Income
Operating Income is the amount of profit realized from Atalaya Mining 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 Atalaya Mining 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.
Most indicators from Atalaya Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atalaya 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 Atalaya 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 board of governors.
Selling General Administrative is likely to gain to about 16.3
M in 2024, despite the fact that
Tax Provision is likely to grow to (541.5
K).
Atalaya Mining fundamental ratios Correlations
Click cells to compare fundamentals
Atalaya Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atalaya Mining fundamental ratios Accounts
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Additional Tools for Atalaya Stock Analysis
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