| AZT Stock | | | CAD 0.21 0.01 5.00% |
Aztec Minerals financial indicator trend analysis is way more than just evaluating Aztec Minerals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aztec Minerals Corp is a good investment. Please check the relationship between Aztec Minerals Total Cash From Operating Activities and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aztec Minerals Corp. 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 Cash From Operating Activities vs Operating Income
Total Cash From Operating Activities vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aztec Minerals Corp Total Cash From Operating Activities account and
Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Aztec Minerals' Total Cash From Operating Activities and Operating Income is 0.97. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Operating Income in the same time period over historical financial statements of Aztec Minerals Corp, assuming nothing else is changed. The correlation between historical values of Aztec Minerals' Total Cash From Operating Activities 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 Total Cash From Operating Activities of Aztec Minerals Corp 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 Total Cash From Operating Activities i.e., Aztec Minerals' Total Cash From Operating Activities and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Cash From Operating Activities
Operating Income
Operating Income is the amount of profit realized from Aztec Minerals Corp 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 Aztec Minerals Corp 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 Aztec Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aztec Minerals Corp 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 Aztec Minerals Corp. 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 climb to about 1.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 2.1
M in 2024.
Aztec Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Aztec Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aztec Minerals fundamental ratios Accounts
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Additional Tools for Aztec Stock Analysis
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