| EWS Stock | | | CAD 0.01 0.01 50.00% |
Environmental Waste financial indicator trend analysis is much more than just examining Environmental Waste latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Environmental Waste is a good investment. Please check the relationship between Environmental Waste Operating Income and its Net Interest Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Environmental Waste International. 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.
Operating Income vs Net Interest Income
Operating Income vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Environmental Waste Operating Income account and
Net Interest Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Environmental Waste's Operating Income and Net Interest Income is 0.02. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Environmental Waste International, assuming nothing else is changed. The correlation between historical values of Environmental Waste's Operating Income and Net 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 Operating Income of Environmental Waste International are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Operating Income i.e., Environmental Waste's Operating Income and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.02 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Environmental Waste operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Environmental Waste International is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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.
Most indicators from Environmental Waste's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Environmental Waste 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 Environmental Waste International. 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.
At this time, Environmental Waste's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 1
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(4.78) in 2024.
Environmental Waste fundamental ratios Correlations
Click cells to compare fundamentals
Environmental Waste Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Environmental Waste 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 Environmental Stock Analysis
When running Environmental Waste's price analysis, check to
measure Environmental Waste'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 Environmental Waste is operating at the current time. Most of Environmental Waste's value examination focuses on studying past and present price action to
predict the probability of Environmental Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Environmental Waste's price. Additionally, you may evaluate how the addition of Environmental Waste to your portfolios can decrease your overall portfolio volatility.