Inca Minerals financial indicator trend analysis is infinitely more than just investigating Inca Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inca Minerals is a good investment. Please check the relationship between Inca Minerals Income Before Tax and its Gross Profit accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inca Minerals. 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.
Income Before Tax vs Gross Profit
Income Before Tax vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inca Minerals Income Before Tax account and
Gross Profit. At this time, the significance of the direction appears to have weak relationship.
The correlation between Inca Minerals' Income Before Tax and Gross Profit is 0.31. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Inca Minerals, assuming nothing else is changed. The correlation between historical values of Inca Minerals' Income Before Tax and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Inca Minerals are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Inca Minerals' Income Before Tax and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Inca Minerals income statement and is an important metric when analyzing Inca Minerals profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Inca Minerals minus its cost of goods sold. It is profit before Inca Minerals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Inca Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inca Minerals 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 Inca Minerals. 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 174.7
K in 2025.
Issuance Of Capital Stock is likely to drop to about 2.4
M in 2025
Inca Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Inca Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inca Minerals fundamental ratios Accounts
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Additional Tools for Inca Stock Analysis
When running Inca Minerals' price analysis, check to
measure Inca 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 Inca Minerals is operating at the current time. Most of Inca Minerals' value examination focuses on studying past and present price action to
predict the probability of Inca Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inca Minerals' price. Additionally, you may evaluate how the addition of Inca Minerals to your portfolios can decrease your overall portfolio volatility.