Fredonia Net Income vs Operating Income Analysis

FRED Stock

0.28 0.00 0.00%

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

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fredonia Mining Net Income account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Fredonia Mining's Net Income and Operating Income is 0.93. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Fredonia Mining, assuming nothing else is changed. The correlation between historical values of Fredonia Mining's Net Income 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 Income of Fredonia Mining 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 Income i.e., Fredonia Mining's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

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

Operating Income

Operating Income is the amount of profit realized from Fredonia Mining 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 Fredonia Mining 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 Fredonia Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fredonia Mining 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 Fredonia Mining. 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 climb to about 1.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Fredonia Mining fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Long Term Debt	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Other Stockholder Equity	Property Plant And Equipment Gross	Short Long Term Debt
Other Current Liab		0.48	0.04	-0.51	0.46	-0.09	-0.12	0.37	0.35	-0.34	-0.65	0.2	0.12	0.04	0.42	0.38	0.04	0.42	-0.64	0.9	0.12	-0.37	0.25	-0.66	0.07	0.42
Total Current Liabilities	0.48		-0.74	0.5	-0.5	0.79	0.75	-0.47	0.74	0.58	0.35	0.31	0.29	-0.11	-0.31	0.72	-0.11	-0.31	0.3	0.19	0.28	0.6	0.67	0.26	-0.19	-0.31
Other Liab	0.04	-0.74		-0.81	0.74	-0.88	-0.86	0.63	-0.58	-0.84	-0.74	-0.32	-0.36	-0.04	0.41	-0.55	-0.04	0.41	-0.71	0.45	-0.34	-0.85	-0.59	-0.73	0.07	0.41
Net Tangible Assets	-0.51	0.5	-0.81		-0.91	0.88	0.87	-0.8	0.44	0.92	0.98	0.2	0.26	-0.03	-0.67	0.4	-0.03	-0.67	0.92	-0.73	0.25	0.96	0.48	0.92	-0.15	-0.67
Retained Earnings	0.46	-0.5	0.74	-0.91		-0.79	-0.79	0.75	-0.21	-0.84	-0.9	0.14	0.09	0.4	0.64	-0.16	0.4	0.64	-0.87	0.62	0.1	-0.88	-0.21	-0.85	0.5	0.64
Accounts Payable	-0.09	0.79	-0.88	0.88	-0.79		1.0	-0.59	0.75	0.95	0.77	0.43	0.46	0.08	-0.4	0.72	0.08	-0.4	0.74	-0.4	0.44	0.95	0.75	0.77	-0.04	-0.4
Net Receivables	-0.12	0.75	-0.86	0.87	-0.79	1.0		-0.54	0.74	0.97	0.77	0.43	0.46	0.09	-0.35	0.7	0.09	-0.35	0.76	-0.43	0.44	0.96	0.73	0.8	-0.03	-0.35
Other Current Assets	0.37	-0.47	0.63	-0.8	0.75	-0.59	-0.54		-0.14	-0.57	-0.81	0.14	0.09	0.33	0.97	-0.1	0.33	0.97	-0.75	0.49	0.11	-0.67	-0.14	-0.6	0.42	0.97
Total Current Assets	0.35	0.74	-0.58	0.44	-0.21	0.75	0.74	-0.14		0.59	0.29	0.85	0.84	0.55	0.02	1.0	0.55	0.02	0.2	0.06	0.83	0.56	0.99	0.29	0.46	0.02
Common Stock	-0.34	0.58	-0.84	0.92	-0.84	0.95	0.97	-0.57	0.59		0.87	0.34	0.39	0.07	-0.39	0.55	0.07	-0.39	0.88	-0.63	0.38	0.99	0.61	0.92	-0.04	-0.39
Property Plant Equipment	-0.65	0.35	-0.74	0.98	-0.9	0.77	0.77	-0.81	0.29	0.87		0.11	0.18	-0.06	-0.7	0.24	-0.06	-0.7	0.95	-0.83	0.17	0.92	0.34	0.94	-0.16	-0.7
Total Assets	0.2	0.31	-0.32	0.2	0.14	0.43	0.43	0.14	0.85	0.34	0.11		1.0	0.9	0.26	0.87	0.9	0.26	0.02	-0.05	1.0	0.3	0.9	0.17	0.86	0.26
Total Stockholder Equity	0.12	0.29	-0.36	0.26	0.09	0.46	0.46	0.09	0.84	0.39	0.18	1.0		0.91	0.22	0.85	0.91	0.22	0.09	-0.13	1.0	0.35	0.89	0.24	0.86	0.22
Property Plant And Equipment Net	0.04	-0.11	-0.04	-0.03	0.4	0.08	0.09	0.33	0.55	0.07	-0.06	0.9	0.91		0.41	0.58	1.0	0.41	-0.13	-0.12	0.92	0.03	0.63	0.04	0.99	0.41
Net Debt	0.42	-0.31	0.41	-0.67	0.64	-0.4	-0.35	0.97	0.02	-0.39	-0.7	0.26	0.22	0.41		0.06	0.41	1.0	-0.65	0.43	0.24	-0.51	0.03	-0.47	0.47	1.0
Cash	0.38	0.72	-0.55	0.4	-0.16	0.72	0.7	-0.1	1.0	0.55	0.24	0.87	0.85	0.58	0.06		0.58	0.06	0.16	0.09	0.85	0.52	0.99	0.25	0.5	0.06
Non Current Assets Total	0.04	-0.11	-0.04	-0.03	0.4	0.08	0.09	0.33	0.55	0.07	-0.06	0.9	0.91	1.0	0.41	0.58		0.41	-0.13	-0.12	0.92	0.03	0.63	0.04	0.99	0.41
Long Term Debt	0.42	-0.31	0.41	-0.67	0.64	-0.4	-0.35	0.97	0.02	-0.39	-0.7	0.26	0.22	0.41	1.0	0.06	0.41		-0.65	0.43	0.24	-0.51	0.03	-0.47	0.47	1.0
Common Stock Shares Outstanding	-0.64	0.3	-0.71	0.92	-0.87	0.74	0.76	-0.75	0.2	0.88	0.95	0.02	0.09	-0.13	-0.65	0.16	-0.13	-0.65		-0.83	0.08	0.9	0.25	0.96	-0.23	-0.65
Total Liab	0.9	0.19	0.45	-0.73	0.62	-0.4	-0.43	0.49	0.06	-0.63	-0.83	-0.05	-0.13	-0.12	0.43	0.09	-0.12	0.43	-0.83		-0.12	-0.65	-0.05	-0.88	-0.05	0.43
Net Invested Capital	0.12	0.28	-0.34	0.25	0.1	0.44	0.44	0.11	0.83	0.38	0.17	1.0	1.0	0.92	0.24	0.85	0.92	0.24	0.08	-0.12		0.34	0.89	0.23	0.86	0.24
Capital Stock	-0.37	0.6	-0.85	0.96	-0.88	0.95	0.96	-0.67	0.56	0.99	0.92	0.3	0.35	0.03	-0.51	0.52	0.03	-0.51	0.9	-0.65	0.34		0.59	0.92	-0.09	-0.51
Net Working Capital	0.25	0.67	-0.59	0.48	-0.21	0.75	0.73	-0.14	0.99	0.61	0.34	0.9	0.89	0.63	0.03	0.99	0.63	0.03	0.25	-0.05	0.89	0.59		0.36	0.55	0.03
Other Stockholder Equity	-0.66	0.26	-0.73	0.92	-0.85	0.77	0.8	-0.6	0.29	0.92	0.94	0.17	0.24	0.04	-0.47	0.25	0.04	-0.47	0.96	-0.88	0.23	0.92	0.36		-0.06	-0.47
Property Plant And Equipment Gross	0.07	-0.19	0.07	-0.15	0.5	-0.04	-0.03	0.42	0.46	-0.04	-0.16	0.86	0.86	0.99	0.47	0.5	0.99	0.47	-0.23	-0.05	0.86	-0.09	0.55	-0.06		0.47
Short Long Term Debt	0.42	-0.31	0.41	-0.67	0.64	-0.4	-0.35	0.97	0.02	-0.39	-0.7	0.26	0.22	0.41	1.0	0.06	0.41	1.0	-0.65	0.43	0.24	-0.51	0.03	-0.47	0.47

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Fredonia Mining Account Relationship Matchups

Fredonia Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	578.8K	1.3M	454.0K	571.6K	657.4K	704.8K
Retained Earnings	(4.0M)	(7.2M)	(6.4M)	(14.9M)	(13.4M)	(12.8M)
Accounts Payable	115.4K	514.6K	429.0K	411.1K	472.8K	342.6K
Total Current Assets	12.9K	3.6M	2.8M	418.9K	481.8K	457.7K

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