E79 Income Before Tax vs Total Revenue Analysis

E79 Stock   0.02  0  4.55%   
E79 Gold financial indicator trend analysis is much more than just examining E79 Gold Mines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether E79 Gold Mines is a good investment. Please check the relationship between E79 Gold Income Before Tax and its Total Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E79 Gold Mines. 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.

Income Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E79 Gold Mines Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between E79 Gold's Income Before Tax and Total Revenue is -0.6. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of E79 Gold Mines, assuming nothing else is changed. The correlation between historical values of E79 Gold's Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of E79 Gold Mines are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., E79 Gold's Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on E79 Gold income statement and is an important metric when analyzing E79 Gold Mines 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.

Total Revenue

Total revenue comprises all receipts E79 Gold Mines generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from E79 Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into E79 Gold Mines 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E79 Gold Mines. 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 1.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.2 M in 2024.
 2010 2022 2023 2024 (projected)
Reconciled Depreciation31.3K68.4K78.7K54.8K
Cost Of Revenue31.3K68.4K140.2K88.0K

E79 Gold fundamental ratios Correlations

0.831.0-0.01-0.82-0.20.860.860.20.050.860.410.740.660.830.880.660.740.110.750.730.38-0.060.1-0.290.26
0.830.8-0.23-0.59-0.350.990.610.240.30.610.440.550.441.00.650.70.860.210.560.640.7-0.020.03-0.460.38
1.00.80.01-0.83-0.190.830.870.190.030.870.40.740.670.80.890.640.720.10.760.720.34-0.070.11-0.270.25
-0.01-0.230.010.19-0.28-0.25-0.090.750.22-0.090.390.1-0.37-0.23-0.10.16-0.020.610.220.210.0-0.420.41-0.210.25
-0.82-0.59-0.830.19-0.32-0.67-0.95-0.020.44-0.950.07-0.4-0.69-0.59-0.94-0.22-0.440.26-0.47-0.360.13-0.410.43-0.30.33
-0.2-0.35-0.19-0.28-0.32-0.240.17-0.33-0.970.17-0.86-0.580.26-0.350.13-0.8-0.64-0.76-0.61-0.73-0.830.73-0.770.92-0.89
0.860.990.83-0.25-0.67-0.240.70.190.190.70.370.530.510.990.730.620.820.140.530.580.610.03-0.06-0.360.27
0.860.610.87-0.09-0.950.170.7-0.01-0.291.00.10.550.690.611.00.260.49-0.140.530.410.00.13-0.30.13-0.21
0.20.240.190.75-0.02-0.330.19-0.010.33-0.010.40.04-0.390.240.010.440.390.690.330.40.29-0.040.19-0.260.28
0.050.30.030.220.44-0.970.19-0.290.33-0.290.790.42-0.410.3-0.250.710.590.760.470.610.83-0.670.67-0.870.82
0.860.610.87-0.09-0.950.170.71.0-0.01-0.290.10.550.690.611.00.260.49-0.140.530.410.00.13-0.30.13-0.21
0.410.440.40.390.07-0.860.370.10.40.790.10.75-0.090.440.130.790.680.750.690.770.71-0.670.66-0.790.76
0.740.550.740.1-0.4-0.580.530.550.040.420.550.750.520.550.580.730.670.340.830.810.47-0.510.5-0.560.54
0.660.440.67-0.37-0.690.260.510.69-0.39-0.410.69-0.090.520.440.690.10.15-0.450.250.18-0.050.1-0.070.07-0.06
0.831.00.8-0.23-0.59-0.350.990.610.240.30.610.440.550.440.650.70.860.210.560.640.7-0.020.03-0.460.38
0.880.650.89-0.1-0.940.130.731.00.01-0.251.00.130.580.690.650.310.53-0.120.560.450.040.12-0.280.09-0.17
0.660.70.640.16-0.22-0.80.620.260.440.710.260.790.730.10.70.310.90.610.880.970.76-0.360.57-0.740.76
0.740.860.72-0.02-0.44-0.640.820.490.390.590.490.680.670.150.860.530.90.520.820.880.73-0.160.2-0.560.5
0.110.210.10.610.26-0.760.14-0.140.690.76-0.140.750.34-0.450.21-0.120.610.520.470.560.57-0.510.5-0.620.59
0.750.560.760.22-0.47-0.610.530.530.330.470.530.690.830.250.560.560.880.820.470.970.44-0.290.41-0.470.49
0.730.640.720.21-0.36-0.730.580.410.40.610.410.770.810.180.640.450.970.880.560.970.61-0.340.51-0.620.64
0.380.70.340.00.13-0.830.610.00.290.830.00.710.47-0.050.70.040.760.730.570.440.61-0.540.54-0.910.83
-0.06-0.02-0.07-0.42-0.410.730.030.13-0.04-0.670.13-0.67-0.510.1-0.020.12-0.36-0.16-0.51-0.29-0.34-0.54-0.80.79-0.72
0.10.030.110.410.43-0.77-0.06-0.30.190.67-0.30.660.5-0.070.03-0.280.570.20.50.410.510.54-0.8-0.820.91
-0.29-0.46-0.27-0.21-0.30.92-0.360.13-0.26-0.870.13-0.79-0.560.07-0.460.09-0.74-0.56-0.62-0.47-0.62-0.910.79-0.82-0.97
0.260.380.250.250.33-0.890.27-0.210.280.82-0.210.760.54-0.060.38-0.170.760.50.590.490.640.83-0.720.91-0.97
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E79 Gold Account Relationship Matchups

E79 Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7M2.7M10.5M8.4M5.9M5.1M
Total Current Liabilities20.6K49.0K377.8K783.7K200.2K179.6K
Total Stockholder Equity2.7M2.7M10.1M7.6M5.7M4.9M
Net Debt(2.7M)(2.7M)(6.9M)(4.5M)(2.1M)(2.2M)
Retained Earnings(7.5M)(7.4M)(9.8M)(13.8M)(16.6M)(15.7M)
Accounts Payable20.6K49.0K356.0K650.7K115.2K157.6K
Cash2.7M2.7M6.9M4.5M2.1M3.8M
Cash And Short Term Investments2.7M2.7M6.9M4.5M2.1M3.8M
Liabilities And Stockholders Equity2.7M2.7M10.5M8.4M5.9M5.1M
Other Current Assets9.7K41.3K135.5K70.3K99.8K104.8K
Total Liab20.6K49.0K377.8K783.7K200.2K179.6K
Total Current Assets2.7M2.7M7.0M4.7M2.3M3.9M
Net Receivables9.7K9.3K135.5K175.9K66.7K50.3K
Cash And Equivalents2.7M2.7M6.9M4.5M5.2M4.0M
Net Tangible Assets2.7M2.7M10.1M7.6M8.8M5.3M

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Additional Tools for E79 Stock Analysis

When running E79 Gold's price analysis, check to measure E79 Gold'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 E79 Gold is operating at the current time. Most of E79 Gold's value examination focuses on studying past and present price action to predict the probability of E79 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E79 Gold's price. Additionally, you may evaluate how the addition of E79 Gold to your portfolios can decrease your overall portfolio volatility.