| PREM Stock | | | 0.05 0.01 17.20% |
Premier African financial indicator trend analysis is much more than just breaking down Premier African Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier African Minerals is a good investment. Please check the relationship between Premier African Depreciation And Amortization and its Ebitda accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier African 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.
Depreciation And Amortization vs Ebitda
Depreciation And Amortization vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Premier African Minerals Depreciation And Amortization account and
Ebitda. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Premier African's Depreciation And Amortization and Ebitda is -0.02. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebitda in the same time period over historical financial statements of Premier African Minerals, assuming nothing else is changed. The correlation between historical values of Premier African's Depreciation And Amortization and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Premier African Minerals are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Depreciation And Amortization i.e., Premier African's Depreciation And Amortization and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.02 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Ebitda
Most indicators from Premier African's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier African 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier African 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.
At this time, Premier African's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 19.7
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (116.3
K).
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 18K | 1.2M | 5.8M | 6.1M | Depreciation And Amortization | 14K | 34K | 371K | 352.5K |
Premier African fundamental ratios Correlations
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Premier African Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premier African fundamental ratios Accounts
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measure Premier African'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 Premier African is operating at the current time. Most of Premier African's value examination focuses on studying past and present price action to
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