Fidelity Net Income vs Capital Expenditures Analysis

FMN Stock

CAD 0.04 0.01 18.18%

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

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fidelity Minerals Corp Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Fidelity Minerals' Net Income and Capital Expenditures is 0.17. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Fidelity Minerals Corp, assuming nothing else is changed. The correlation between historical values of Fidelity Minerals' Net Income and Capital Expenditures 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 Income of Fidelity Minerals Corp are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Fidelity Minerals' Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Fidelity Minerals Corp financial statement analysis. It represents the amount of money remaining after all of Fidelity Minerals Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Capital Expenditures

Capital Expenditures are funds used by Fidelity Minerals Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Fidelity Minerals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Fidelity Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelity Minerals 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 Fidelity Minerals 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 board of governors.

Selling General Administrative is likely to climb to about 1.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Fidelity Minerals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Other Current Liab	Long Term Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Net Debt	Capital Stock	Property Plant And Equipment Gross	Property Plant And Equipment Net
Total Assets		0.47	0.97	0.91	-0.89	0.43	0.36	-0.6	0.21	-0.29	0.97	0.43	0.15	0.97	0.96	0.22	0.27	-0.88	-0.29	0.85	0.98	0.45	-0.84	0.96	-0.29	0.79
Total Current Liabilities	0.47		0.25	0.31	-0.64	0.85	-0.21	-0.74	0.01	-0.27	0.56	0.99	-0.18	0.57	0.53	0.71	0.8	-0.57	-0.27	0.39	0.4	-0.13	-0.45	0.43	-0.27	0.34
Total Stockholder Equity	0.97	0.25		0.92	-0.8	0.24	0.45	-0.46	0.23	-0.24	0.91	0.19	0.21	0.91	0.91	0.05	0.08	-0.82	-0.24	0.83	0.97	0.54	-0.8	0.93	-0.24	0.76
Net Tangible Assets	0.91	0.31	0.92		-0.86	0.27	0.23	-0.49	0.12	-0.58	0.86	0.27	0.04	0.87	0.87	0.06	0.19	-0.84	-0.58	0.95	0.94	0.34	-0.81	0.95	-0.58	0.85
Retained Earnings	-0.89	-0.64	-0.8	-0.86		-0.6	-0.14	0.84	-0.19	0.44	-0.95	-0.61	-0.06	-0.94	-0.91	-0.45	-0.56	0.94	0.44	-0.89	-0.91	-0.39	0.81	-0.9	0.44	-0.76
Accounts Payable	0.43	0.85	0.24	0.27	-0.6		0.13	-0.75	0.25	-0.17	0.5	0.86	0.15	0.49	0.45	0.61	0.75	-0.59	-0.17	0.25	0.38	0.18	-0.61	0.31	-0.17	0.07
Cash	0.36	-0.21	0.45	0.23	-0.14	0.13		-0.05	0.0	0.32	0.26	-0.22	0.22	0.27	0.31	-0.01	-0.15	-0.26	0.32	0.07	0.36	0.49	-0.32	0.2	0.32	0.02
Other Assets	-0.6	-0.74	-0.46	-0.49	0.84	-0.75	-0.05		-0.19	0.26	-0.76	-0.73	-0.07	-0.75	-0.72	-0.6	-0.68	0.75	0.26	-0.59	-0.65	-0.34	0.62	-0.61	0.26	-0.47
Net Receivables	0.21	0.01	0.23	0.12	-0.19	0.25	0.0	-0.19		0.15	0.25	0.0	0.96	0.21	0.09	-0.22	0.01	-0.28	0.15	0.03	0.2	0.77	-0.48	0.12	0.15	-0.19
Other Current Assets	-0.29	-0.27	-0.24	-0.58	0.44	-0.17	0.32	0.26	0.15		-0.27	-0.26	0.31	-0.28	-0.3	-0.04	-0.3	0.37	1.0	-0.65	-0.35	0.23	0.36	-0.46	1.0	-0.55
Other Stockholder Equity	0.97	0.56	0.91	0.86	-0.95	0.5	0.26	-0.76	0.25	-0.27		0.52	0.16	1.0	0.97	0.37	0.42	-0.92	-0.27	0.85	0.96	0.49	-0.8	0.94	-0.27	0.78
Total Liab	0.43	0.99	0.19	0.27	-0.61	0.86	-0.22	-0.73	0.0	-0.26	0.52		-0.18	0.52	0.49	0.73	0.82	-0.51	-0.26	0.35	0.35	-0.14	-0.4	0.38	-0.26	0.31
Total Current Assets	0.15	-0.18	0.21	0.04	-0.06	0.15	0.22	-0.07	0.96	0.31	0.16	-0.18		0.13	0.02	-0.3	-0.14	-0.19	0.31	-0.1	0.14	0.84	-0.41	0.02	0.31	-0.3
Common Stock	0.97	0.57	0.91	0.87	-0.94	0.49	0.27	-0.75	0.21	-0.28	1.0	0.52	0.13		0.98	0.35	0.39	-0.92	-0.28	0.86	0.97	0.45	-0.8	0.95	-0.28	0.8
Property Plant Equipment	0.96	0.53	0.91	0.87	-0.91	0.45	0.31	-0.72	0.09	-0.3	0.97	0.49	0.02	0.98		0.28	0.3	-0.87	-0.3	0.86	0.97	0.37	-0.79	0.96	-0.3	0.82
Short Long Term Debt	0.22	0.71	0.05	0.06	-0.45	0.61	-0.01	-0.6	-0.22	-0.04	0.37	0.73	-0.3	0.35	0.28		0.91	-0.39	-0.04	0.19	0.16	-0.05	-0.02	0.16	-0.04	0.2
Short Term Debt	0.27	0.8	0.08	0.19	-0.56	0.75	-0.15	-0.68	0.01	-0.3	0.42	0.82	-0.14	0.39	0.3	0.91		-0.51	-0.3	0.31	0.22	0.01	-0.22	0.23	-0.3	0.22
Other Current Liab	-0.88	-0.57	-0.82	-0.84	0.94	-0.59	-0.26	0.75	-0.28	0.37	-0.92	-0.51	-0.19	-0.92	-0.87	-0.39	-0.51		0.37	-0.81	-0.89	-0.47	0.86	-0.85	0.37	-0.65
Long Term Debt	-0.29	-0.27	-0.24	-0.58	0.44	-0.17	0.32	0.26	0.15	1.0	-0.27	-0.26	0.31	-0.28	-0.3	-0.04	-0.3	0.37		-0.65	-0.35	0.23	0.36	-0.46	1.0	-0.55
Common Stock Shares Outstanding	0.85	0.39	0.83	0.95	-0.89	0.25	0.07	-0.59	0.03	-0.65	0.85	0.35	-0.1	0.86	0.86	0.19	0.31	-0.81	-0.65		0.89	0.24	-0.69	0.95	-0.65	0.93
Net Invested Capital	0.98	0.4	0.97	0.94	-0.91	0.38	0.36	-0.65	0.2	-0.35	0.96	0.35	0.14	0.97	0.97	0.16	0.22	-0.89	-0.35	0.89		0.49	-0.85	0.98	-0.35	0.81
Net Working Capital	0.45	-0.13	0.54	0.34	-0.39	0.18	0.49	-0.34	0.77	0.23	0.49	-0.14	0.84	0.45	0.37	-0.05	0.01	-0.47	0.23	0.24	0.49		-0.53	0.34	0.23	0.06
Net Debt	-0.84	-0.45	-0.8	-0.81	0.81	-0.61	-0.32	0.62	-0.48	0.36	-0.8	-0.4	-0.41	-0.8	-0.79	-0.02	-0.22	0.86	0.36	-0.69	-0.85	-0.53		-0.78	0.36	-0.47
Capital Stock	0.96	0.43	0.93	0.95	-0.9	0.31	0.2	-0.61	0.12	-0.46	0.94	0.38	0.02	0.95	0.96	0.16	0.23	-0.85	-0.46	0.95	0.98	0.34	-0.78		-0.46	0.91
Property Plant And Equipment Gross	-0.29	-0.27	-0.24	-0.58	0.44	-0.17	0.32	0.26	0.15	1.0	-0.27	-0.26	0.31	-0.28	-0.3	-0.04	-0.3	0.37	1.0	-0.65	-0.35	0.23	0.36	-0.46		-0.55
Property Plant And Equipment Net	0.79	0.34	0.76	0.85	-0.76	0.07	0.02	-0.47	-0.19	-0.55	0.78	0.31	-0.3	0.8	0.82	0.2	0.22	-0.65	-0.55	0.93	0.81	0.06	-0.47	0.91	-0.55

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Fidelity Minerals Account Relationship Matchups

Fidelity Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0M	5.5M	6.4M	6.3M	7.3M	4.2M
Total Current Liabilities	829.0K	238.8K	345.8K	1.2M	1.3M	840.2K
Total Stockholder Equity	4.2M	5.3M	6.1M	5.1M	5.8M	3.3M
Net Tangible Assets	4.3M	4.2M	5.3M	6.1M	7.0M	7.4M
Retained Earnings	(11.7M)	(12.5M)	(13.8M)	(15.6M)	(14.1M)	(14.8M)
Accounts Payable	912.5K	689.8K	238.8K	345.8K	397.7K	521.3K
Cash	52.8K	116.2K	272.7K	1.6K	1.8K	1.7K
Net Receivables	16.0K	1.2M	425.6K	12.9K	14.9K	14.1K
Other Stockholder Equity	4.4M	4.9M	5.7M	6.0M	7.0M	3.7M
Total Liab	829.0K	238.8K	345.8K	1.2M	1.3M	873.2K
Total Current Assets	1.3M	635.6K	299K	19.9K	22.9K	21.7K
Common Stock	10.6M	10.9M	12.0M	13.8M	15.9M	8.8M
Property Plant Equipment	5.3M	3.7M	4.9M	6.1M	7.0M	3.8M
Non Current Assets Total	3.7M	4.9M	6.1M	6.3M	7.3M	4.1M
Short Long Term Debt	697.1K	322.3K	139.2K	363.8K	327.4K	299.1K
Common Stock Shares Outstanding	41.4M	59.8M	84.8M	88.8M	102.1M	107.2M
Net Invested Capital	4.3M	5.3M	6.1M	5.4M	6.2M	4.4M
Net Working Capital	472.9K	396.8K	(46.8K)	(1.1M)	(1.3M)	(1.2M)
Capital Stock	10.9M	12.0M	13.8M	14.2M	16.3M	12.5M

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