| LYC Stock | | | 6.88 0.10 1.47% |
Lynas Rare financial indicator trend analysis is infinitely more than just investigating Lynas Rare Earths recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lynas Rare Earths is a good investment. Please check the relationship between Lynas Rare Interest Income and its Operating Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lynas Rare Earths. 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
Lynas Rare Earths Interest Income account and
Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lynas Rare's Interest Income and Operating Income is -0.52. 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 Lynas Rare Earths, assuming nothing else is changed. The correlation between historical values of Lynas Rare's 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 Lynas Rare Earths 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., Lynas Rare's Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
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 Lynas Rare Earths 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 Lynas Rare Earths 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 Lynas Rare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lynas Rare Earths 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 Lynas Rare Earths. 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.
Tax Provision is likely to gain to about 22
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 28.8
M in 2024.
Lynas Rare fundamental ratios Correlations
Click cells to compare fundamentals
Lynas Rare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lynas Rare fundamental ratios Accounts
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Additional Tools for Lynas Stock Analysis
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measure Lynas Rare's 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 Lynas Rare is operating at the current time. Most of Lynas Rare's value examination focuses on studying past and present price action to
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