Fidelity Total Operating Expenses vs Ebitda 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 Total Operating Expenses and its Ebitda 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.
Total Operating Expenses vs Ebitda
Total Operating Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fidelity Minerals Corp Total Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fidelity Minerals' Total Operating Expenses and Ebitda is -0.22. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebitda 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' Total Operating Expenses and Ebitda 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 Operating Expenses of Fidelity Minerals Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Operating Expenses i.e., Fidelity Minerals' Total Operating Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Ebitda
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
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Fidelity Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Additional Tools for Fidelity Stock Analysis
When running Fidelity Minerals' price analysis, check to measure Fidelity Minerals' 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 Fidelity Minerals is operating at the current time. Most of Fidelity Minerals' value examination focuses on studying past and present price action to predict the probability of Fidelity Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Minerals' price. Additionally, you may evaluate how the addition of Fidelity Minerals to your portfolios can decrease your overall portfolio volatility.