| EPL Stock | | | CAD 0.11 0.01 10.00% |
Eagle Plains financial indicator trend analysis is much more than just examining Eagle Plains Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Plains Resources is a good investment. Please check the relationship between Eagle Plains Cost Of Revenue and its Other Operating Expenses accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Plains Resources. 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.
Cost Of Revenue vs Other Operating Expenses
Cost Of Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eagle Plains Resources Cost Of Revenue account and
Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eagle Plains' Cost Of Revenue and Other Operating Expenses is 0.93. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Eagle Plains Resources, assuming nothing else is changed. The correlation between historical values of Eagle Plains' Cost Of Revenue 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 Cost Of Revenue of Eagle Plains Resources 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 Cost Of Revenue i.e., Eagle Plains' Cost Of Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Eagle Plains Resources income statement and represents the costs associated with goods and services Eagle Plains provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Eagle Plains Resources. It is also known as Eagle Plains 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 Eagle Plains' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Plains Resources 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 Eagle Plains Resources. 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.
Enterprise Value is likely to climb to about 8.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
M in 2024.
Eagle Plains fundamental ratios Correlations
Click cells to compare fundamentals
Eagle Plains Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eagle Plains fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Eagle Stock Analysis
When running Eagle Plains' price analysis, check to
measure Eagle Plains' 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 Eagle Plains is operating at the current time. Most of Eagle Plains' value examination focuses on studying past and present price action to
predict the probability of Eagle Plains' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Plains' price. Additionally, you may evaluate how the addition of Eagle Plains to your portfolios can decrease your overall portfolio volatility.