Fjordland Net Receivables vs Operating Income Analysis

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Fjordland Exploration financial indicator trend analysis is much more than just examining Fjordland Exploration latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fjordland Exploration is a good investment. Please check the relationship between Fjordland Exploration Net Receivables and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fjordland Exploration. 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.

Net Receivables vs Operating Income

Net Receivables vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fjordland Exploration Net Receivables account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Fjordland Exploration's Net Receivables and Operating Income is -0.21. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Operating Income in the same time period over historical financial statements of Fjordland Exploration, assuming nothing else is changed. The correlation between historical values of Fjordland Exploration's Net Receivables and Operating 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 Receivables of Fjordland Exploration are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Receivables i.e., Fjordland Exploration's Net Receivables and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Receivables

Operating Income

Operating Income is the amount of profit realized from Fjordland Exploration 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 Fjordland Exploration 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.

Most indicators from Fjordland Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fjordland Exploration 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 Fjordland Exploration. 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.

Selling General Administrative is likely to climb to about 420.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Fjordland Exploration fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		-0.59	0.14	1.0	0.91	-0.87	0.71	0.82	0.05	0.44	0.84	0.19	0.8	0.94	0.86	0.73	0.73	0.97	0.82	0.8	0.67	-0.22	0.72	0.79	0.58	0.79
Other Current Liab	-0.59		-0.17	-0.58	-0.62	0.65	-0.35	-0.38	-0.23	-0.05	-0.47	-0.19	-0.37	-0.61	-0.63	-0.85	-0.85	-0.59	-0.45	-0.44	-0.34	0.31	-0.46	-0.48	-0.32	-0.48
Total Current Liabilities	0.14	-0.17		0.1	0.01	0.06	0.68	0.29	0.09	0.3	-0.16	0.99	0.3	-0.02	-0.02	-0.01	-0.01	0.05	-0.32	0.2	0.55	0.61	0.07	0.21	0.06	0.21
Total Stockholder Equity	1.0	-0.58	0.1		0.91	-0.87	0.68	0.81	0.05	0.43	0.85	0.15	0.8	0.95	0.86	0.74	0.74	0.97	0.84	0.79	0.65	-0.24	0.72	0.78	0.57	0.78
Net Tangible Assets	0.91	-0.62	0.01	0.91		-0.97	0.57	0.69	-0.05	0.37	0.77	0.05	0.68	0.93	0.98	0.69	0.69	0.94	0.77	0.83	0.67	-0.35	0.83	0.84	0.59	0.84
Retained Earnings	-0.87	0.65	0.06	-0.87	-0.97		-0.45	-0.66	0.18	-0.18	-0.81	0.01	-0.64	-0.89	-0.96	-0.75	-0.75	-0.9	-0.83	-0.76	-0.57	0.4	-0.76	-0.79	-0.65	-0.79
Accounts Payable	0.71	-0.35	0.68	0.68	0.57	-0.45		0.76	0.32	0.72	0.41	0.71	0.78	0.5	0.49	0.32	0.32	0.61	0.23	0.5	0.69	0.28	0.37	0.53	0.38	0.53
Cash	0.82	-0.38	0.29	0.81	0.69	-0.66	0.76		0.23	0.62	0.84	0.3	1.0	0.63	0.55	0.55	0.55	0.66	0.6	0.46	0.48	0.28	0.35	0.41	0.25	0.41
Other Assets	0.05	-0.23	0.09	0.05	-0.05	0.18	0.32	0.23		0.63	0.06	0.06	0.27	-0.09	-0.15	0.09	0.09	-0.08	-0.23	-0.34	-0.26	0.17	-0.33	-0.35	-0.33	-0.35
Net Receivables	0.44	-0.05	0.3	0.43	0.37	-0.18	0.72	0.62	0.63		0.29	0.27	0.66	0.3	0.25	0.1	0.1	0.32	0.0	0.21	0.31	0.33	0.18	0.14	-0.14	0.14
Other Stockholder Equity	0.84	-0.47	-0.16	0.85	0.77	-0.81	0.41	0.84	0.06	0.29		-0.12	0.81	0.78	0.68	0.71	0.71	0.75	0.89	0.5	0.29	-0.16	0.45	0.45	0.43	0.45
Total Liab	0.19	-0.19	0.99	0.15	0.05	0.01	0.71	0.3	0.06	0.27	-0.12		0.31	0.02	0.03	0.03	0.03	0.11	-0.26	0.23	0.57	0.54	0.1	0.26	0.17	0.26
Total Current Assets	0.8	-0.37	0.3	0.8	0.68	-0.64	0.78	1.0	0.27	0.66	0.81	0.31		0.62	0.54	0.52	0.52	0.64	0.56	0.45	0.47	0.3	0.34	0.39	0.23	0.39
Common Stock	0.94	-0.61	-0.02	0.95	0.93	-0.89	0.5	0.63	-0.09	0.3	0.78	0.02	0.62		0.91	0.76	0.76	0.97	0.84	0.89	0.67	-0.39	0.87	0.85	0.54	0.85
Property Plant Equipment	0.86	-0.63	-0.02	0.86	0.98	-0.96	0.49	0.55	-0.15	0.25	0.68	0.03	0.54	0.91		0.66	0.66	0.93	0.74	0.85	0.68	-0.46	0.88	0.89	0.65	0.89
Short Long Term Debt	0.73	-0.85	-0.01	0.74	0.69	-0.75	0.32	0.55	0.09	0.1	0.71	0.03	0.52	0.76	0.66		1.0	0.7	0.7	0.5	0.29	-0.35	0.48	0.48	0.39	0.48
Short Term Debt	0.73	-0.85	-0.01	0.74	0.69	-0.75	0.32	0.55	0.09	0.1	0.71	0.03	0.52	0.76	0.66	1.0		0.7	0.7	0.5	0.29	-0.35	0.48	0.48	0.39	0.48
Non Current Assets Total	0.97	-0.59	0.05	0.97	0.94	-0.9	0.61	0.66	-0.08	0.32	0.75	0.11	0.64	0.97	0.93	0.7	0.7		0.83	0.87	0.71	-0.4	0.83	0.89	0.67	0.89
Non Currrent Assets Other	0.82	-0.45	-0.32	0.84	0.77	-0.83	0.23	0.6	-0.23	0.0	0.89	-0.26	0.56	0.84	0.74	0.7	0.7	0.83		0.64	0.35	-0.44	0.59	0.62	0.57	0.62
Common Stock Shares Outstanding	0.8	-0.44	0.2	0.79	0.83	-0.76	0.5	0.46	-0.34	0.21	0.5	0.23	0.45	0.89	0.85	0.5	0.5	0.87	0.64		0.9	-0.24	0.97	0.96	0.52	0.96
Net Invested Capital	0.67	-0.34	0.55	0.65	0.67	-0.57	0.69	0.48	-0.26	0.31	0.29	0.57	0.47	0.67	0.68	0.29	0.29	0.71	0.35	0.9		0.1	0.82	0.88	0.42	0.88
Net Working Capital	-0.22	0.31	0.61	-0.24	-0.35	0.4	0.28	0.28	0.17	0.33	-0.16	0.54	0.3	-0.39	-0.46	-0.35	-0.35	-0.4	-0.44	-0.24	0.1		-0.34	-0.36	-0.55	-0.36
Capital Stock	0.72	-0.46	0.07	0.72	0.83	-0.76	0.37	0.35	-0.33	0.18	0.45	0.1	0.34	0.87	0.88	0.48	0.48	0.83	0.59	0.97	0.82	-0.34		0.93	0.46	0.93
Property Plant And Equipment Net	0.79	-0.48	0.21	0.78	0.84	-0.79	0.53	0.41	-0.35	0.14	0.45	0.26	0.39	0.85	0.89	0.48	0.48	0.89	0.62	0.96	0.88	-0.36	0.93		0.67	1.0
Capital Lease Obligations	0.58	-0.32	0.06	0.57	0.59	-0.65	0.38	0.25	-0.33	-0.14	0.43	0.17	0.23	0.54	0.65	0.39	0.39	0.67	0.57	0.52	0.42	-0.55	0.46	0.67		0.67
Property Plant And Equipment Gross	0.79	-0.48	0.21	0.78	0.84	-0.79	0.53	0.41	-0.35	0.14	0.45	0.26	0.39	0.85	0.89	0.48	0.48	0.89	0.62	0.96	0.88	-0.36	0.93	1.0	0.67

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Fjordland Exploration Account Relationship Matchups

Fjordland Exploration fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4M	2.4M	4.5M	5.0M	4.3M	2.6M
Total Current Liabilities	42.1K	66.2K	282.9K	279.5K	91.2K	133.0K
Total Stockholder Equity	2.3M	2.3M	4.2M	4.7M	4.2M	2.4M
Net Tangible Assets	2.3M	2.3M	4.2M	4.7M	5.4M	5.7M
Retained Earnings	(17.1M)	(17.4M)	(18.2M)	(18.2M)	(18.5M)	(19.4M)
Accounts Payable	1.3K	4.1K	179.6K	213.8K	36.5K	70.7K
Cash	686.0K	310.7K	1.7M	894.6K	435.1K	638.4K
Other Assets	184.2K	99.8K	15.2K	17.5K	15.7K	15.0K
Net Receivables	38.2K	4.4K	84.8K	46.3K	53.2K	47.8K
Other Stockholder Equity	757.2K	792.6K	1.1M	639.8K	735.7K	656.4K
Total Liab	42.1K	94.0K	282.9K	307.2K	91.2K	137.0K
Total Current Assets	724.4K	315.3K	1.8M	948.0K	463.1K	688.3K
Common Stock	18.7M	18.9M	21.4M	22.3M	25.7M	19.7M
Property Plant Equipment	1.6M	2.0M	2.7M	4.1M	4.7M	4.9M
Non Current Assets Total	1.7M	2.0M	2.7M	4.1M	3.8M	2.5M
Common Stock Shares Outstanding	47.8M	50.1M	75.3M	82.9M	95.4M	68.2M
Net Invested Capital	2.3M	2.3M	4.2M	4.7M	4.2M	3.6M
Net Working Capital	682.2K	249.0K	1.5M	668.5K	371.9K	601.5K
Capital Stock	18.7M	18.9M	21.4M	22.3M	25.7M	22.4M

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