| FIND Stock | | | CAD 0.10 0.01 9.09% |
Baselode Energy financial indicator trend analysis is way more than just evaluating Baselode Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baselode Energy Corp is a good investment. Please check the relationship between Baselode Energy Total Current Liabilities and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Baselode Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Total Current Liabilities vs Operating Income
Total Current Liabilities vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Baselode Energy Corp Total Current Liabilities account and
Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Baselode Energy's Total Current Liabilities and Operating Income is -0.75. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Operating Income in the same time period over historical financial statements of Baselode Energy Corp, assuming nothing else is changed. The correlation between historical values of Baselode Energy's Total Current Liabilities 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 Total Current Liabilities of Baselode Energy Corp 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 Total Current Liabilities i.e., Baselode Energy's Total Current Liabilities and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.75 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Baselode Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Baselode Energy Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Operating Income
Operating Income is the amount of profit realized from Baselode Energy Corp 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 Baselode Energy Corp 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 Baselode Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baselode Energy Corp 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 Baselode Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Selling General Administrative is likely to drop to about 2.2
M in 2024.
Issuance Of Capital Stock is likely to drop to about 9.1
M in 2024
Baselode Energy fundamental ratios Correlations
Click cells to compare fundamentals
Baselode Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baselode Energy 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 Baselode Stock Analysis
When running Baselode Energy's price analysis, check to
measure Baselode Energy'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 Baselode Energy is operating at the current time. Most of Baselode Energy's value examination focuses on studying past and present price action to
predict the probability of Baselode Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baselode Energy's price. Additionally, you may evaluate how the addition of Baselode Energy to your portfolios can decrease your overall portfolio volatility.