| LN Stock | | | CAD 0.54 0.03 5.26% |
Loncor Resources financial indicator trend analysis is infinitely more than just investigating Loncor Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Loncor Resources is a good investment. Please check the relationship between Loncor Resources Total Operating Expenses and its Interest Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loncor Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Total Operating Expenses vs Interest Income
Total Operating Expenses vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Loncor Resources Total Operating Expenses account and
Interest Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Loncor Resources' Total Operating Expenses and Interest Income is 0.39. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Interest Income in the same time period over historical financial statements of Loncor Resources, assuming nothing else is changed. The correlation between historical values of Loncor Resources' Total Operating Expenses and Interest 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 Total Operating Expenses of Loncor Resources are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Total Operating Expenses i.e., Loncor Resources' Total Operating Expenses and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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.
Most indicators from Loncor Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Loncor Resources 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 Loncor Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Loncor Resources'
Selling General Administrative is very stable compared to the past year. As of the 1st of March 2025,
Sales General And Administrative To Revenue is likely to grow to 595.18, while
Issuance Of Capital Stock is likely to drop about 1.7
M.
Loncor Resources fundamental ratios Correlations
Click cells to compare fundamentals
Loncor Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Loncor Resources fundamental ratios Accounts
Other Information on Investing in Loncor Stock
Balance Sheet is a snapshot of the
financial position of Loncor Resources at a specified time, usually calculated after every quarter, six months, or one year. Loncor Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Loncor Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Loncor currently owns. An asset can also be divided into two categories, current and non-current.