Galway Interest Income vs Operating Income Analysis

GWM Stock  CAD 0.46  0.01  2.22%   
Galway Metals financial indicator trend analysis is much more than just examining Galway Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galway Metals is a good investment. Please check the relationship between Galway Metals Interest Income and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galway 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.

Interest Income vs Operating Income

Interest Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galway Metals Interest Income account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Galway Metals' Interest Income and Operating Income is 0.09. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Galway Metals, assuming nothing else is changed. The correlation between historical values of Galway Metals' Interest 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 Interest Income of Galway Metals 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 Interest Income i.e., Galway Metals' Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Operating Income

Operating Income is the amount of profit realized from Galway 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 Galway 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.
Most indicators from Galway Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galway 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 Galway 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 drop to about 2.5 M in 2024. Issuance Of Capital Stock is likely to drop to about 3.4 M in 2024
 2021 2022 2023 2024 (projected)
Interest Income1.6K535.0138.0K144.9K
Net Interest Income1.6K535.0138.0K144.9K

Galway Metals fundamental ratios Correlations

0.910.970.57-0.26-0.510.270.550.120.270.580.20.910.370.580.830.710.280.870.93-0.09-0.09-0.080.580.95-0.09
0.910.780.71-0.03-0.610.040.680.10.040.70.241.00.150.690.80.90.570.920.99-0.07-0.320.030.720.91-0.07
0.970.780.44-0.38-0.40.380.420.110.380.450.160.780.470.470.780.530.10.780.81-0.090.04-0.140.450.89-0.09
0.570.710.440.01-0.410.010.46-0.040.010.560.210.720.090.570.440.680.560.650.660.36-0.30.320.570.610.36
-0.26-0.03-0.380.01-0.65-1.00.660.74-1.00.490.05-0.03-0.990.470.080.090.620.0-0.06-0.62-0.50.40.510.01-0.62
-0.51-0.61-0.4-0.41-0.650.64-0.97-0.830.64-0.92-0.35-0.620.57-0.92-0.7-0.5-0.65-0.56-0.620.630.33-0.23-0.93-0.690.63
0.270.040.380.01-1.00.64-0.65-0.741.0-0.48-0.040.040.99-0.46-0.08-0.09-0.610.010.070.630.51-0.39-0.490.00.63
0.550.680.420.460.66-0.97-0.650.74-0.650.90.20.68-0.570.890.730.620.760.660.67-0.58-0.490.280.910.74-0.58
0.120.10.11-0.040.74-0.83-0.740.74-0.740.650.290.12-0.720.670.42-0.010.340.140.14-0.79-0.150.20.640.32-0.79
0.270.040.380.01-1.00.641.0-0.65-0.74-0.48-0.040.040.99-0.46-0.08-0.09-0.610.010.070.630.51-0.39-0.490.00.63
0.580.70.450.560.49-0.92-0.480.90.65-0.480.350.71-0.390.990.780.550.690.630.68-0.33-0.320.231.00.7-0.33
0.20.240.160.210.05-0.35-0.040.20.29-0.040.350.24-0.020.340.310.080.030.170.24-0.160.15-0.090.340.27-0.16
0.911.00.780.72-0.03-0.620.040.680.120.040.710.240.150.70.80.90.560.90.99-0.08-0.30.030.730.91-0.08
0.370.150.470.09-0.990.570.99-0.57-0.720.99-0.39-0.020.15-0.380.030.02-0.530.120.170.620.44-0.38-0.410.10.62
0.580.690.470.570.47-0.92-0.460.890.67-0.460.990.340.7-0.380.770.520.670.60.67-0.32-0.290.260.990.7-0.32
0.830.80.780.440.08-0.7-0.080.730.42-0.080.780.310.80.030.770.590.530.850.82-0.27-0.360.050.770.9-0.27
0.710.90.530.680.09-0.5-0.090.62-0.01-0.090.550.080.90.020.520.590.660.870.86-0.07-0.520.070.580.75-0.07
0.280.570.10.560.62-0.65-0.610.760.34-0.610.690.030.56-0.530.670.530.660.580.52-0.19-0.860.550.70.5-0.19
0.870.920.780.650.0-0.560.010.660.140.010.630.170.90.120.60.850.870.580.89-0.13-0.50.030.640.93-0.13
0.930.990.810.66-0.06-0.620.070.670.140.070.680.240.990.170.670.820.860.520.89-0.13-0.270.00.70.93-0.13
-0.09-0.07-0.090.36-0.620.630.63-0.58-0.790.63-0.33-0.16-0.080.62-0.32-0.27-0.07-0.19-0.13-0.130.180.03-0.34-0.271.0
-0.09-0.320.04-0.3-0.50.330.51-0.49-0.150.51-0.320.15-0.30.44-0.29-0.36-0.52-0.86-0.5-0.270.18-0.47-0.33-0.320.18
-0.080.03-0.140.320.4-0.23-0.390.280.2-0.390.23-0.090.03-0.380.260.050.070.550.030.00.03-0.470.190.070.03
0.580.720.450.570.51-0.93-0.490.910.64-0.491.00.340.73-0.410.990.770.580.70.640.7-0.34-0.330.190.71-0.34
0.950.910.890.610.01-0.690.00.740.320.00.70.270.910.10.70.90.750.50.930.93-0.27-0.320.070.71-0.27
-0.09-0.07-0.090.36-0.620.630.63-0.58-0.790.63-0.33-0.16-0.080.62-0.32-0.27-0.07-0.19-0.13-0.131.00.180.03-0.34-0.27
Click cells to compare fundamentals

Galway Metals Account Relationship Matchups

Galway Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.7M24.7M20.7M16.2M14.2M16.2M
Total Current Liabilities1.3M4.3M4.3M1.5M1.4M1.4M
Total Stockholder Equity11.4M20.4M16.3M14.6M12.8M14.8M
Property Plant And Equipment Net5.8M7.6M9.1M9.7M1.3M1.3M
Net Debt(6.1M)(15.4M)(10.4M)(5.6M)(3.2M)(3.4M)
Retained Earnings(21.5M)(33.4M)(49.5M)(60.3M)(65.7M)(62.4M)
Cash6.1M15.4M10.7M5.8M3.3M3.2M
Non Current Assets Total5.8M7.7M9.2M9.7M10.4M10.9M
Non Currrent Assets Other54.5K53.5K53.2K9.1M10.4M11.0M
Cash And Short Term Investments6.1M15.4M10.7M5.8M3.3M3.2M
Common Stock Shares Outstanding38.2M49.6M58.7M64.1M72.2M38.6M
Liabilities And Stockholders Equity12.7M24.7M20.7M16.2M14.2M16.2M
Other Stockholder Equity3.4M7.2M9.0M9.5M9.7M7.2M
Total Liab1.3M4.3M4.5M1.6M1.5M1.4M
Total Current Assets6.9M17.1M11.6M6.5M3.8M3.6M
Accumulated Other Comprehensive Income181.8K188.7K156.4K149.0K117.7K123.6K
Common Stock29.4M46.4M56.6M65.3M68.6M35.6M
Net Tangible Assets11.8M11.4M20.4M14.6M16.8M13.7M
Accounts Payable656.8K845.2K892.0K237.1K272.7K432.0K
Other Assets52.7K57.3K54.5K53.5K61.5K37.7K
Net Receivables684.4K1.7M867.8K540.3K438.1K629.7K
Other Current Liab595.7K4.3M4.2M1.4M1.3M1.7M
Other Current Assets74.8K36.0K49.1K115.2K39.3K51.7K
Property Plant Equipment4.8M5.8M7.6M9.7M11.2M6.3M
Net Invested Capital11.4M20.4M16.5M14.8M12.9M15.5M
Net Working Capital5.6M12.7M7.3M5.0M2.4M2.3M
Capital Stock29.4M46.4M56.6M65.3M68.6M53.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Galway Stock Analysis

When running Galway Metals' price analysis, check to measure Galway Metals' 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 Galway Metals is operating at the current time. Most of Galway Metals' value examination focuses on studying past and present price action to predict the probability of Galway Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galway Metals' price. Additionally, you may evaluate how the addition of Galway Metals to your portfolios can decrease your overall portfolio volatility.