| G6M Stock | | | 0.03 0.00 0.00% |
Group 6 financial indicator trend analysis is much more than just examining Group 6 Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Group 6 Metals is a good investment. Please check the relationship between Group 6 Operating Income and its Reconciled Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Group 6 Metals. 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.
Operating Income vs Reconciled Depreciation
Operating Income vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Group 6 Metals Operating Income account and
Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Group 6's Operating Income and Reconciled Depreciation is -0.91. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Group 6 Metals, assuming nothing else is changed. The correlation between historical values of Group 6's Operating Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Group 6 Metals are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Operating Income i.e., Group 6's Operating Income and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.91 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Group 6 Metals 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 Group 6 Metals 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.
Reconciled Depreciation
Most indicators from Group 6's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Group 6 Metals 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Group 6 Metals. 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 gain to about 8.3
M in 2024.
Issuance Of Capital Stock is likely to gain to about 59
M in 2024
Group 6 fundamental ratios Correlations
Click cells to compare fundamentals
Group 6 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Group 6 fundamental ratios Accounts
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Additional Tools for Group Stock Analysis
When running Group 6's price analysis, check to
measure Group 6'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 Group 6 is operating at the current time. Most of Group 6's value examination focuses on studying past and present price action to
predict the probability of Group 6's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group 6's price. Additionally, you may evaluate how the addition of Group 6 to your portfolios can decrease your overall portfolio volatility.