Leeuwin Operating Income vs Net Receivables Analysis
| LM1 Stock | 0.07 0.00 0.00% |
Leeuwin Metals financial indicator trend analysis is infinitely more than just investigating Leeuwin Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leeuwin Metals is a good investment. Please check the relationship between Leeuwin Metals Operating Income and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leeuwin 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 Net Receivables
Operating Income vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leeuwin Metals Operating Income account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Leeuwin Metals' Operating Income and Net Receivables is 0.74. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Leeuwin Metals, assuming nothing else is changed. The correlation between historical values of Leeuwin Metals' Operating Income and Net Receivables 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 Leeuwin Metals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Operating Income i.e., Leeuwin Metals' Operating Income and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.74 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Leeuwin 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 Leeuwin 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.Net Receivables
Most indicators from Leeuwin Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leeuwin 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leeuwin 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 275.9 K in 2024
Leeuwin Metals fundamental ratios Correlations
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Leeuwin Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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