Focus Other Operating Expenses vs Net Income Analysis
FMS Stock | CAD 0.08 0.01 11.11% |
Focus Graphite financial indicator trend analysis is much more than just examining Focus Graphite latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Focus Graphite is a good investment. Please check the relationship between Focus Graphite Other Operating Expenses and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Focus Graphite. 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.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Focus Graphite Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Focus Graphite's Other Operating Expenses and Net Income is -0.59. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Focus Graphite, assuming nothing else is changed. The correlation between historical values of Focus Graphite's Other Operating Expenses and Net 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 Other Operating Expenses of Focus Graphite are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Focus Graphite's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Focus Graphite. It is also known as Focus Graphite overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Focus Graphite financial statement analysis. It represents the amount of money remaining after all of Focus Graphite operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Focus Graphite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Focus Graphite 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 Focus Graphite. 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 3.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 720.4 K in 2024.
Focus Graphite fundamental ratios Correlations
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Focus Graphite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Focus Graphite fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.7M | 35.6M | 39.8M | 38.9M | 44.7M | 25.6M | |
Total Current Liabilities | 6.4M | 5.8M | 6.0M | 5.2M | 5.9M | 3.2M | |
Total Stockholder Equity | 22.3M | 29.7M | 33.7M | 33.6M | 38.6M | 22.1M | |
Net Debt | 1.8M | (2.5M) | (1.4M) | (77.7K) | (89.4K) | (93.8K) | |
Retained Earnings | (51.8M) | (54.9M) | (59.7M) | (61.6M) | (55.4M) | (52.7M) | |
Cash | 877.9K | 4.9M | 1.5M | 137.7K | 123.9K | 117.7K | |
Cash And Short Term Investments | 877.9K | 4.9M | 1.5M | 137.7K | 123.9K | 117.7K | |
Common Stock Shares Outstanding | 37.4M | 44.1M | 53.7M | 57.3M | 65.9M | 69.2M | |
Liabilities And Stockholders Equity | 28.7M | 35.6M | 39.8M | 38.9M | 44.7M | 25.6M | |
Other Stockholder Equity | 13.3M | 14.7M | 18.9M | 19.6M | 22.5M | 22.6M | |
Total Liab | 6.5M | 5.9M | 6.1M | 5.3M | 6.1M | 3.5M | |
Total Current Assets | 2.2M | 5.8M | 3.3M | 378.7K | 340.9K | 323.8K | |
Property Plant And Equipment Net | 24.8M | 28.0M | 35.3M | 37.8M | 43.5M | 23.3M | |
Non Current Assets Total | 26.5M | 29.8M | 36.6M | 38.5M | 44.3M | 24.9M | |
Non Currrent Assets Other | 1.7M | 1.9M | 1.2M | 701.9K | 807.2K | 766.9K | |
Net Receivables | 1.3M | 783.1K | 1.8M | 128.3K | 147.6K | 140.2K | |
Other Current Liab | 4.5M | 3.4M | 3.5M | 3.4M | 3.9M | 2.4M | |
Accounts Payable | 1.9M | 2.4M | 2.6M | 1.7M | 2.0M | 2.1M | |
Net Tangible Assets | 27.7M | 22.3M | 29.7M | 33.7M | 38.8M | 30.5M | |
Property Plant Equipment | 33.5M | 24.8M | 28.0M | 35.3M | 40.7M | 30.9M | |
Other Current Assets | 29.3K | 42.0K | 13.9K | 112.7K | 101.4K | 173.2K | |
Net Invested Capital | 22.3M | 29.7M | 33.8M | 33.7M | 38.7M | 32.2M | |
Net Working Capital | (4.2M) | (34.3K) | (2.7M) | (4.8M) | (4.3M) | (4.1M) |
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Additional Tools for Focus Stock Analysis
When running Focus Graphite's price analysis, check to measure Focus Graphite'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 Focus Graphite is operating at the current time. Most of Focus Graphite's value examination focuses on studying past and present price action to predict the probability of Focus Graphite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Focus Graphite's price. Additionally, you may evaluate how the addition of Focus Graphite to your portfolios can decrease your overall portfolio volatility.