Elementos Net Interest Income vs Net Income 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 Net Interest Income and its Net Income 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.

Net Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elementos Limited Net Interest Income account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Elementos' Net Interest Income and Net Income is -0.14. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Elementos Limited, assuming nothing else is changed. The correlation between historical values of Elementos' Net Interest Income and Net 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 Net Interest Income of Elementos Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Interest Income i.e., Elementos' Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Elementos Limited financial statement analysis. It represents the amount of money remaining after all of Elementos Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Depreciation44.6K51.3K59.0K62.0K
Interest Income1.2K38.7K44.5K46.7K

Elementos fundamental ratios Correlations

0.511.01.0-0.650.90.530.880.830.390.550.950.97-0.110.940.930.940.87-0.170.91-0.30.890.730.930.87-0.68
0.510.430.43-0.450.710.380.490.210.940.40.460.47-0.090.510.480.530.680.250.710.590.560.350.490.33-0.1
1.00.431.0-0.630.870.530.880.850.30.550.950.96-0.10.930.920.930.83-0.240.88-0.380.880.750.920.88-0.69
1.00.431.0-0.630.870.530.880.850.30.550.950.96-0.10.930.920.930.83-0.240.88-0.380.880.750.920.88-0.69
-0.65-0.45-0.63-0.63-0.61-0.11-0.66-0.64-0.4-0.13-0.83-0.70.53-0.69-0.78-0.74-0.73-0.01-0.750.12-0.75-0.6-0.74-0.670.37
0.90.710.870.87-0.610.480.790.650.560.510.850.87-0.010.880.770.840.8-0.150.84-0.050.80.620.810.73-0.57
0.530.380.530.53-0.110.480.630.30.211.00.370.30.40.340.320.310.39-0.330.440.00.540.690.520.37-0.04
0.880.490.880.88-0.660.790.630.610.390.660.860.81-0.10.760.780.770.82-0.110.85-0.290.860.870.860.71-0.44
0.830.210.850.85-0.640.650.30.610.150.310.850.84-0.070.850.880.860.7-0.150.71-0.460.720.480.780.84-0.72
0.390.940.30.3-0.40.560.210.390.150.220.360.39-0.130.450.420.480.690.560.650.620.440.150.360.21-0.07
0.550.40.550.55-0.130.511.00.660.310.220.390.320.420.350.320.320.41-0.330.46-0.020.560.710.530.38-0.04
0.950.460.950.95-0.830.850.370.860.850.360.390.96-0.30.940.960.950.86-0.160.91-0.320.890.730.920.88-0.7
0.970.470.960.96-0.70.870.30.810.840.390.320.96-0.260.960.960.970.86-0.090.9-0.330.860.630.90.88-0.72
-0.11-0.09-0.1-0.10.53-0.010.4-0.1-0.07-0.130.42-0.3-0.26-0.19-0.37-0.28-0.31-0.13-0.3-0.03-0.25-0.2-0.24-0.220.15
0.940.510.930.93-0.690.880.340.760.850.450.350.940.96-0.190.920.990.87-0.020.9-0.280.840.530.880.87-0.73
0.930.480.920.92-0.780.770.320.780.880.420.320.960.96-0.370.920.970.90.00.93-0.260.870.640.90.86-0.68
0.940.530.930.93-0.740.840.310.770.860.480.320.950.97-0.280.990.970.910.030.93-0.240.860.560.890.87-0.71
0.870.680.830.83-0.730.80.390.820.70.690.410.860.86-0.310.870.90.910.270.95-0.020.840.610.840.72-0.53
-0.170.25-0.24-0.24-0.01-0.15-0.33-0.11-0.150.56-0.33-0.16-0.09-0.13-0.020.00.030.270.080.36-0.13-0.41-0.18-0.220.14
0.910.710.880.88-0.750.840.440.850.710.650.460.910.9-0.30.90.930.930.950.08-0.050.880.670.880.77-0.56
-0.30.59-0.38-0.380.12-0.050.0-0.29-0.460.62-0.02-0.32-0.33-0.03-0.28-0.26-0.24-0.020.36-0.05-0.22-0.25-0.33-0.460.38
0.890.560.880.88-0.750.80.540.860.720.440.560.890.86-0.250.840.870.860.84-0.130.88-0.220.820.990.92-0.37
0.730.350.750.75-0.60.620.690.870.480.150.710.730.63-0.20.530.640.560.61-0.410.67-0.250.820.810.66-0.23
0.930.490.920.92-0.740.810.520.860.780.360.530.920.9-0.240.880.90.890.84-0.180.88-0.330.990.810.96-0.47
0.870.330.880.88-0.670.730.370.710.840.210.380.880.88-0.220.870.860.870.72-0.220.77-0.460.920.660.96-0.52
-0.68-0.1-0.69-0.690.37-0.57-0.04-0.44-0.72-0.07-0.04-0.7-0.720.15-0.73-0.68-0.71-0.530.14-0.560.38-0.37-0.23-0.47-0.52
Click cells to compare fundamentals

Elementos Account Relationship Matchups

Elementos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9M17.2M20.9M23.0M26.4M27.7M
Total Current Liabilities1.8M2.7M860.1K1.0M1.2M794.2K
Total Stockholder Equity7.0M14.6M20.0M21.9M25.2M26.5M
Net Tangible Assets7.0M14.6M20.0M21.9M25.2M26.5M
Retained Earnings(12.6M)(14.2M)(16.5M)(18.7M)(16.8M)(16.0M)
Accounts Payable504.0K1.1M736.5K933.4K1.1M1.1M
Cash199.2K5.5M6.3M3.4M3.1M2.2M
Net Receivables138.3K227.3K563.6K287.3K330.4K347.0K
Other Stockholder Equity(51.1K)78.6K328.2K1.4M1.6M1.6M
Total Liab2.9M2.7M867.2K1.0M1.2M924.9K
Total Current Assets337.4K5.8M6.9M3.7M3.4M2.3M
Common Stock19.7M28.7M36.2M39.3M45.2M47.4M
Property Plant Equipment9.5M11.4M14.0M19.1M21.9M23.0M
Other Assets80K76.5K74.2K145.0K166.7K175.0K
Non Current Assets Total9.5M11.5M14.0M19.2M22.1M23.2M
Non Currrent Assets Other80K76.5K74.2K145.0K166.7K175.0K
Capital Lease Obligations21.9K16.1K58.2K7.1K8.1K7.7K
Property Plant And Equipment Gross9.5M11.4M14.0M19.1M21.9M23.0M
Common Stock Shares Outstanding2.5B3.9B177.1M194.7M175.3M166.5M
Net Invested Capital9.3M16.1M20.0M21.9M25.2M13.3M
Net Working Capital(1.4M)3.1M6.0M2.7M3.1M1.8M
Capital Stock19.7M28.7M36.2M39.3M45.2M30.9M

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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.