Itech Dividends Paid vs Net Income Analysis
| ITM Stock | 0.05 0 1.89% |
Itech Minerals financial indicator trend analysis is infinitely more than just investigating Itech Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Itech Minerals is a good investment. Please check the relationship between Itech Minerals Dividends Paid and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itech 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.
Dividends Paid vs Net Income
Dividends Paid vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Itech Minerals Dividends Paid account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Itech Minerals' Dividends Paid and Net Income is -0.78. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Net Income in the same time period over historical financial statements of Itech Minerals, assuming nothing else is changed. The correlation between historical values of Itech Minerals' Dividends Paid 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 Dividends Paid of Itech Minerals 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 Dividends Paid i.e., Itech Minerals' Dividends Paid and Net Income go up and down completely randomly.
Correlation Coefficient | -0.78 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Itech Minerals financial statement analysis. It represents the amount of money remaining after all of Itech Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Itech Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Itech 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 Itech 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 498.6 K in 2024. Issuance Of Capital Stock is likely to drop to about 5.4 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 3.9K | 151.7K | 174.4K | 183.2K | Net Interest Income | 3.9K | 151.7K | 174.4K | 183.2K |
Itech Minerals fundamental ratios Correlations
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Itech Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Itech Minerals' price analysis, check to measure Itech 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 Itech Minerals is operating at the current time. Most of Itech Minerals' value examination focuses on studying past and present price action to predict the probability of Itech Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itech Minerals' price. Additionally, you may evaluate how the addition of Itech Minerals to your portfolios can decrease your overall portfolio volatility.