Serabi Ebitda vs Net Income Analysis

SBI Stock

CAD 1.78 0.19 11.95%

Serabi Gold financial indicator trend analysis is much more than just breaking down Serabi Gold PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Serabi Gold PLC is a good investment. Please check the relationship between Serabi Gold Ebitda and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Serabi Gold PLC. 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.

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Serabi Gold PLC Ebitda account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Serabi Gold's Ebitda and Net Income is 0.87. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Serabi Gold PLC, assuming nothing else is changed. The correlation between historical values of Serabi Gold's Ebitda 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 Ebitda of Serabi Gold PLC 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 Ebitda i.e., Serabi Gold's Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Serabi Gold PLC financial statement analysis. It represents the amount of money remaining after all of Serabi Gold PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Serabi Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Serabi Gold PLC 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Serabi Gold PLC. 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, Serabi Gold's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value Multiple is likely to grow to 2.59, while Selling General Administrative is likely to drop about 4.7 M.

Serabi Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Inventory	Common Stock Total Equity	Common Stock	Current Deferred Revenue	Net Receivables
Total Assets		0.39	0.46	0.72	0.97	0.92	-0.32	0.5	0.85	0.79	0.98	0.25	0.79	0.72	0.45	0.69	0.18	0.78	0.66	0.9	0.62	0.73	-0.4	-0.09	0.37	0.51
Short Long Term Debt Total	0.39		0.09	0.72	0.25	0.4	0.6	-0.04	0.25	0.27	0.31	-0.17	0.27	0.15	0.04	0.25	0.25	0.6	0.19	0.52	-0.11	0.35	-0.38	0.3	-0.27	0.74
Other Current Liab	0.46	0.09		0.71	0.3	0.5	-0.34	0.36	0.34	0.51	0.46	0.36	0.51	0.26	0.32	0.75	-0.16	0.71	0.21	0.4	0.49	0.25	-0.31	-0.3	0.5	0.09
Total Current Liabilities	0.72	0.72	0.71		0.55	0.7	0.04	0.35	0.58	0.67	0.65	0.2	0.67	0.45	0.22	0.69	0.04	0.91	0.4	0.77	0.37	0.53	-0.51	-0.09	0.21	0.55
Total Stockholder Equity	0.97	0.25	0.3	0.55		0.87	-0.42	0.46	0.83	0.77	0.96	0.2	0.77	0.75	0.33	0.55	0.24	0.59	0.66	0.86	0.64	0.71	-0.28	-0.04	0.33	0.4
Property Plant And Equipment Net	0.92	0.4	0.5	0.7	0.87		-0.21	0.4	0.74	0.67	0.93	0.03	0.67	0.6	0.46	0.69	0.2	0.77	0.5	0.77	0.68	0.57	-0.29	0.01	0.33	0.48
Net Debt	-0.32	0.6	-0.34	0.04	-0.42	-0.21		-0.42	-0.39	-0.6	-0.32	-0.48	-0.6	-0.54	-0.03	-0.2	-0.03	0.02	-0.39	-0.28	-0.62	-0.28	0.03	0.32	-0.59	0.4
Retained Earnings	0.5	-0.04	0.36	0.35	0.46	0.4	-0.42		0.73	0.42	0.44	0.7	0.42	0.79	0.35	0.55	-0.61	0.44	0.52	0.56	0.31	0.71	-0.7	-0.83	0.47	0.3
Accounts Payable	0.85	0.25	0.34	0.58	0.83	0.74	-0.39	0.73		0.72	0.82	0.5	0.72	0.84	0.39	0.55	-0.08	0.64	0.61	0.81	0.67	0.73	-0.53	-0.39	0.52	0.39
Cash	0.79	0.27	0.51	0.67	0.77	0.67	-0.6	0.42	0.72		0.7	0.37	1.0	0.74	0.06	0.49	0.28	0.57	0.55	0.86	0.65	0.59	-0.41	-0.08	0.41	0.25
Non Current Assets Total	0.98	0.31	0.46	0.65	0.96	0.93	-0.32	0.44	0.82	0.7		0.19	0.7	0.66	0.5	0.66	0.2	0.75	0.65	0.81	0.66	0.67	-0.27	-0.05	0.42	0.42
Non Currrent Assets Other	0.25	-0.17	0.36	0.2	0.2	0.03	-0.48	0.7	0.5	0.37	0.19		0.37	0.6	0.29	0.25	-0.34	0.29	0.36	0.34	0.19	0.46	-0.58	-0.71	0.65	0.17
Cash And Short Term Investments	0.79	0.27	0.51	0.67	0.77	0.67	-0.6	0.42	0.72	1.0	0.7	0.37		0.74	0.06	0.49	0.28	0.57	0.55	0.86	0.65	0.59	-0.41	-0.08	0.41	0.25
Common Stock Shares Outstanding	0.72	0.15	0.26	0.45	0.75	0.6	-0.54	0.79	0.84	0.74	0.66	0.6	0.74		0.19	0.39	-0.07	0.45	0.74	0.77	0.53	0.84	-0.51	-0.41	0.55	0.37
Non Current Liabilities Total	0.45	0.04	0.32	0.22	0.33	0.46	-0.03	0.35	0.39	0.06	0.5	0.29	0.06	0.19		0.57	-0.14	0.61	0.31	0.27	0.18	0.33	-0.37	-0.25	0.4	0.41
Other Current Assets	0.69	0.25	0.75	0.69	0.55	0.69	-0.2	0.55	0.55	0.49	0.66	0.25	0.49	0.39	0.57		-0.21	0.81	0.41	0.65	0.34	0.59	-0.59	-0.32	0.2	0.41
Other Stockholder Equity	0.18	0.25	-0.16	0.04	0.24	0.2	-0.03	-0.61	-0.08	0.28	0.2	-0.34	0.28	-0.07	-0.14	-0.21		-0.03	0.13	0.11	0.2	-0.06	0.4	0.8	-0.07	0.04
Total Liab	0.78	0.6	0.71	0.91	0.59	0.77	0.02	0.44	0.64	0.57	0.75	0.29	0.57	0.45	0.61	0.81	-0.03		0.46	0.74	0.38	0.57	-0.58	-0.18	0.34	0.62
Property Plant And Equipment Gross	0.66	0.19	0.21	0.4	0.66	0.5	-0.39	0.52	0.61	0.55	0.65	0.36	0.55	0.74	0.31	0.41	0.13	0.46		0.61	0.33	0.89	-0.21	-0.09	0.43	0.26
Total Current Assets	0.9	0.52	0.4	0.77	0.86	0.77	-0.28	0.56	0.81	0.86	0.81	0.34	0.86	0.77	0.27	0.65	0.11	0.74	0.61		0.43	0.78	-0.65	-0.16	0.21	0.62
Intangible Assets	0.62	-0.11	0.49	0.37	0.64	0.68	-0.62	0.31	0.67	0.65	0.66	0.19	0.65	0.53	0.18	0.34	0.2	0.38	0.33	0.43		0.24	0.06	-0.07	0.69	-0.09
Inventory	0.73	0.35	0.25	0.53	0.71	0.57	-0.28	0.71	0.73	0.59	0.67	0.46	0.59	0.84	0.33	0.59	-0.06	0.57	0.89	0.78	0.24		-0.56	-0.26	0.28	0.51
Common Stock Total Equity	-0.4	-0.38	-0.31	-0.51	-0.28	-0.29	0.03	-0.7	-0.53	-0.41	-0.27	-0.58	-0.41	-0.51	-0.37	-0.59	0.4	-0.58	-0.21	-0.65	0.06	-0.56		0.58	-0.06	-0.62
Common Stock	-0.09	0.3	-0.3	-0.09	-0.04	0.01	0.32	-0.83	-0.39	-0.08	-0.05	-0.71	-0.08	-0.41	-0.25	-0.32	0.8	-0.18	-0.09	-0.16	-0.07	-0.26	0.58		-0.4	-0.03
Current Deferred Revenue	0.37	-0.27	0.5	0.21	0.33	0.33	-0.59	0.47	0.52	0.41	0.42	0.65	0.41	0.55	0.4	0.2	-0.07	0.34	0.43	0.21	0.69	0.28	-0.06	-0.4		-0.08
Net Receivables	0.51	0.74	0.09	0.55	0.4	0.48	0.4	0.3	0.39	0.25	0.42	0.17	0.25	0.37	0.41	0.41	0.04	0.62	0.26	0.62	-0.09	0.51	-0.62	-0.03	-0.08

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Serabi Gold Account Relationship Matchups

Serabi Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	97.5M	76.2M	90.7M	100.2M	115.2M	67.6M
Short Long Term Debt Total	7.0M	9.1M	735.0K	6.9M	6.6M	4.8M
Other Current Liab	15.0M	2.3M	1.9M	2.1M	2.7M	3.7M
Total Current Liabilities	25.4M	16.3M	6.3M	12.4M	15.7M	10.2M
Total Stockholder Equity	69.7M	57.7M	79.9M	81.5M	92.8M	53.2M
Property Plant And Equipment Net	70.3M	56.6M	65.0M	72.5M	58.7M	46.2M
Net Debt	(7.3M)	2.5M	(11.5M)	(247.9K)	(5.0M)	(4.7M)
Retained Earnings	75.2M	79.5M	86.4M	84.6M	91.1M	95.6M
Accounts Payable	2.7M	3.6M	3.2M	2.7M	3.6M	2.1M
Cash	14.2M	6.6M	12.2M	7.2M	11.6M	6.4M
Non Current Assets Total	72.5M	59.2M	66.9M	77.5M	85.6M	52.7M
Non Currrent Assets Other	848.8K	696.1K	605.1K	3.4M	4.7M	4.9M
Cash And Short Term Investments	14.2M	6.6M	12.2M	7.2M	11.6M	6.4M
Common Stock Shares Outstanding	61.0M	63.4M	77.0M	81.5M	75.7M	79.5M
Liabilities And Stockholders Equity	97.5M	76.2M	90.7M	100.2M	115.2M	67.6M
Non Current Liabilities Total	2.4M	2.2M	4.5M	6.3M	6.8M	4.2M
Other Current Assets	3.5M	1.6M	2.4M	1.6M	2.8M	2.4M
Other Stockholder Equity	21.8M	21.9M	49.5M	36.2M	36.2M	34.5M
Total Liab	27.8M	18.5M	10.8M	18.7M	22.5M	14.4M
Property Plant And Equipment Gross	70.3M	56.6M	65.0M	72.5M	136.5M	143.3M
Total Current Assets	25.1M	17.1M	23.8M	22.8M	29.6M	14.9M
Accumulated Other Comprehensive Income	(47.0M)	(62.5M)	(67.2M)	(64.6M)	(45.6M)	(43.4M)
Intangible Assets	29.7M	27.8M	34.9M	18.6M	20.5M	16.6M
Inventory	6.6M	7.0M	7.0M	8.7M	12.8M	13.4M
Net Receivables	747.3K	1.9M	2.3M	5.2M	2.5M	2.1M
Short Term Debt	7.0M	8.7M	290.1K	6.1M	6.4M	5.2M
Other Liab	2.5M	2.4M	1.9M	4.0M	3.6M	3.5M
Net Tangible Assets	41.4M	39.0M	30.0M	45.0M	40.5M	33.3M
Short Long Term Debt	6.9M	8.5M	290.1K	5.0M	5.7M	4.9M
Property Plant Equipment	42.3M	39.6M	28.8M	30.2M	27.2M	33.3M
Other Assets	3.7M	2.2M	2.6M	1.8M	1.6M	2.4M
Capital Lease Obligations	48.9K	552.3K	735.0K	1.9M	844.6K	951.8K
Long Term Debt	2.4M	0.0	350.9K	445.0K	400.5K	380.4K
Net Invested Capital	76.6M	66.3M	80.6M	81.5M	98.5M	85.5M

Pair Trading with Serabi Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Serabi Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Serabi Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Serabi Stock

0.64

First Majestic Silver

Pair Corr

Moving against Serabi Stock

0.41

INFM

Infinico Metals Corp

Pair Corr

The ability to find closely correlated positions to Serabi Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Serabi Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Serabi Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Serabi Gold PLC to buy it.

The correlation of Serabi Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Serabi Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Serabi Gold PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Serabi Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Serabi Stock

Balance Sheet is a snapshot of the financial position of Serabi Gold PLC at a specified time, usually calculated after every quarter, six months, or one year. Serabi Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Serabi Gold 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 Serabi currently owns. An asset can also be divided into two categories, current and non-current.

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Serabi Ebitda vs Net Income Analysis

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

Correlation Coefficient

Ebitda

Net Income

Serabi Gold fundamental ratios Correlations

Serabi Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Serabi Gold fundamental ratios Accounts

Pair Trading with Serabi Gold

Moving together with Serabi Stock

Moving against Serabi Stock

Other Information on Investing in Serabi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.97	Total Assets
Non Current Assets Total	+ 0.96	Total Stockholder Equity
Non Current Assets Total	+ 0.93	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.92	Total Assets

Common Stock	- 0.83	Retained Earnings
Common Stock	- 0.71	Non Currrent Assets Other
Common Stock Total Equity	- 0.7	Retained Earnings
Common Stock Total Equity	- 0.65	Total Current Assets
Net Receivables	- 0.62	Common Stock Total Equity
Intangible Assets	- 0.62	Net Debt