ERHC Other Operating Expenses vs Interest Income Analysis

ERHE Stock  USD 0  0  110.00%   
ERHC Energy financial indicator trend analysis is much more than just examining ERHC Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ERHC Energy is a good investment. Please check the relationship between ERHC Energy Other Operating Expenses and its Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ERHC Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade ERHC Stock refer to our How to Trade ERHC Stock guide.

Other Operating Expenses vs Interest Income

Other Operating Expenses vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ERHC Energy Other Operating Expenses account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ERHC Energy's Other Operating Expenses and Interest Income is -0.05. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Interest Income in the same time period over historical financial statements of ERHC Energy, assuming nothing else is changed. The correlation between historical values of ERHC Energy's Other Operating Expenses and Interest 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 Other Operating Expenses of ERHC Energy are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Other Operating Expenses i.e., ERHC Energy's Other Operating Expenses and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ERHC Energy. It is also known as ERHC Energy 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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from ERHC Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ERHC Energy 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 ERHC Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade ERHC Stock refer to our How to Trade ERHC Stock guide.The current year's Selling General Administrative is expected to grow to about 4 M, whereas Enterprise Value Over EBITDA is forecasted to decline to (0).

ERHC Energy fundamental ratios Correlations

-0.06-0.65-0.660.95-0.660.790.750.86-0.050.710.7-0.63-0.630.4-0.640.65
-0.060.660.540.220.47-0.60.21-0.46-0.5-0.57-0.520.550.55-0.490.55-0.66
-0.650.660.94-0.440.88-0.85-0.33-0.93-0.25-0.92-0.890.930.93-0.60.93-0.9
-0.660.540.94-0.520.72-0.83-0.52-0.930.02-0.95-0.871.01.0-0.771.0-0.9
0.950.22-0.44-0.52-0.450.620.820.71-0.260.550.53-0.49-0.490.33-0.490.49
-0.660.470.880.72-0.45-0.69-0.16-0.8-0.42-0.7-0.710.690.69-0.260.69-0.71
0.79-0.6-0.85-0.830.62-0.690.570.940.050.930.9-0.82-0.820.58-0.830.92
0.750.21-0.33-0.520.82-0.160.570.64-0.690.620.6-0.53-0.530.37-0.540.44
0.86-0.46-0.93-0.930.71-0.80.940.640.00.960.93-0.93-0.930.62-0.930.9
-0.05-0.5-0.250.02-0.26-0.420.05-0.690.0-0.1-0.080.050.05-0.010.060.06
0.71-0.57-0.92-0.950.55-0.70.930.620.96-0.10.97-0.96-0.960.64-0.960.92
0.7-0.52-0.89-0.870.53-0.710.90.60.93-0.080.97-0.88-0.880.45-0.880.88
-0.630.550.931.0-0.490.69-0.82-0.53-0.930.05-0.96-0.881.0-0.771.0-0.89
-0.630.550.931.0-0.490.69-0.82-0.53-0.930.05-0.96-0.881.0-0.771.0-0.89
0.4-0.49-0.6-0.770.33-0.260.580.370.62-0.010.640.45-0.77-0.77-0.770.63
-0.640.550.931.0-0.490.69-0.83-0.54-0.930.06-0.96-0.881.01.0-0.77-0.89
0.65-0.66-0.9-0.90.49-0.710.920.440.90.060.920.88-0.89-0.890.63-0.89
Click cells to compare fundamentals

ERHC Energy Account Relationship Matchups

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When determining whether ERHC Energy is a strong investment it is important to analyze ERHC Energy's 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 ERHC Energy's future performance. For an informed investment choice regarding ERHC Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ERHC Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade ERHC Stock refer to our How to Trade ERHC Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Oil & Gas Exploration & Production 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 ERHC Energy. If investors know ERHC 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 ERHC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.89)
Return On Assets
(0.83)
The market value of ERHC Energy is measured differently than its book value, which is the value of ERHC that is recorded on the company's balance sheet. Investors also form their own opinion of ERHC Energy's value that differs from its market value or its book value, called intrinsic value, which is ERHC Energy's 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 ERHC Energy's market value can be influenced by many factors that don't directly affect ERHC Energy's 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 ERHC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ERHC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERHC Energy's 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.