American Total Operating Expenses vs Income Before Tax Analysis
| AW1 Stock | 0.07 0 1.56% |
American West financial indicator trend analysis is way more than just evaluating American West Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American West Metals is a good investment. Please check the relationship between American West Total Operating Expenses and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American West Metals. 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.
Total Operating Expenses vs Income Before Tax
Total Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American West Metals Total Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between American West's Total Operating Expenses and Income Before Tax is -0.97. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of American West Metals, assuming nothing else is changed. The correlation between historical values of American West's Total Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of American West Metals are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Operating Expenses i.e., American West's Total Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.97 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on American West income statement and is an important metric when analyzing American West Metals profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from American West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American West Metals 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 American West Metals. 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 2.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 14.1 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 10.5M | 12.6M | 67.9K | 64.6K | Interest Income | 1.7K | 13.4K | 15.4K | 16.2K |
American West fundamental ratios Correlations
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American West Account Relationship Matchups
High Positive Relationship
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When running American West's price analysis, check to measure American West's 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 American West is operating at the current time. Most of American West's value examination focuses on studying past and present price action to predict the probability of American West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American West's price. Additionally, you may evaluate how the addition of American West to your portfolios can decrease your overall portfolio volatility.