Elementos Ebitda vs Other Operating Expenses Analysis
ELTLF Stock | USD 0.05 0.00 0.00% |
Elementos financial indicator trend analysis is much more than just examining Elementos Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elementos Limited is a good investment. Please check the relationship between Elementos Ebitda and its Other Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elementos Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Ebitda vs Other Operating Expenses
Ebitda vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elementos Limited Ebitda account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Elementos' Ebitda and Other Operating Expenses is -0.63. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Elementos Limited, assuming nothing else is changed. The correlation between historical values of Elementos' Ebitda and Other Operating Expenses 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 Elementos Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., Elementos' Ebitda and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ebitda
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Elementos Limited. It is also known as Elementos overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Elementos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elementos Limited 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 Elementos Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Elementos' Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Elementos' current Enterprise Value is estimated to increase to about 26 M, while Selling General Administrative is projected to decrease to roughly 1.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 44.6K | 51.3K | 59.0K | 62.0K | Interest Income | 1.2K | 38.7K | 44.5K | 46.7K |
Elementos fundamental ratios Correlations
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Elementos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Elementos fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.9M | 17.2M | 20.9M | 23.0M | 26.4M | 27.7M | |
Total Current Liabilities | 1.8M | 2.7M | 860.1K | 1.0M | 1.2M | 794.2K | |
Total Stockholder Equity | 7.0M | 14.6M | 20.0M | 21.9M | 25.2M | 26.5M | |
Net Tangible Assets | 7.0M | 14.6M | 20.0M | 21.9M | 25.2M | 26.5M | |
Retained Earnings | (12.6M) | (14.2M) | (16.5M) | (18.7M) | (16.8M) | (16.0M) | |
Accounts Payable | 504.0K | 1.1M | 736.5K | 933.4K | 1.1M | 1.1M | |
Cash | 199.2K | 5.5M | 6.3M | 3.4M | 3.1M | 2.2M | |
Net Receivables | 138.3K | 227.3K | 563.6K | 287.3K | 330.4K | 347.0K | |
Other Stockholder Equity | (51.1K) | 78.6K | 328.2K | 1.4M | 1.6M | 1.6M | |
Total Liab | 2.9M | 2.7M | 867.2K | 1.0M | 1.2M | 924.9K | |
Total Current Assets | 337.4K | 5.8M | 6.9M | 3.7M | 3.4M | 2.3M | |
Common Stock | 19.7M | 28.7M | 36.2M | 39.3M | 45.2M | 47.4M | |
Property Plant Equipment | 9.5M | 11.4M | 14.0M | 19.1M | 21.9M | 23.0M | |
Other Assets | 80K | 76.5K | 74.2K | 145.0K | 166.7K | 175.0K | |
Non Current Assets Total | 9.5M | 11.5M | 14.0M | 19.2M | 22.1M | 23.2M | |
Non Currrent Assets Other | 80K | 76.5K | 74.2K | 145.0K | 166.7K | 175.0K | |
Capital Lease Obligations | 21.9K | 16.1K | 58.2K | 7.1K | 8.1K | 7.7K | |
Property Plant And Equipment Gross | 9.5M | 11.4M | 14.0M | 19.1M | 21.9M | 23.0M | |
Common Stock Shares Outstanding | 2.5B | 3.9B | 177.1M | 194.7M | 175.3M | 166.5M | |
Net Invested Capital | 9.3M | 16.1M | 20.0M | 21.9M | 25.2M | 13.3M | |
Net Working Capital | (1.4M) | 3.1M | 6.0M | 2.7M | 3.1M | 1.8M | |
Capital Stock | 19.7M | 28.7M | 36.2M | 39.3M | 45.2M | 30.9M |
Currently Active Assets on Macroaxis
When determining whether Elementos Limited is a strong investment it is important to analyze Elementos' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elementos' future performance. For an informed investment choice regarding Elementos Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elementos Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elementos. If investors know Elementos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elementos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth (0.56) | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of Elementos Limited is measured differently than its book value, which is the value of Elementos that is recorded on the company's balance sheet. Investors also form their own opinion of Elementos' value that differs from its market value or its book value, called intrinsic value, which is Elementos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elementos' market value can be influenced by many factors that don't directly affect Elementos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elementos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elementos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elementos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.