International Depreciation vs Net Income Analysis
THM Stock | USD 0.46 0.01 2.22% |
International Tower financial indicator trend analysis is infinitely more than just investigating International Tower Hill recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Tower Hill is a good investment. Please check the relationship between International Tower Depreciation and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in International Tower Hill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Depreciation vs Net Income
Depreciation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Tower Hill Depreciation account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between International Tower's Depreciation and Net Income is -0.84. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of International Tower Hill, assuming nothing else is changed. The correlation between historical values of International Tower's Depreciation 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 Depreciation of International Tower Hill 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 Depreciation i.e., International Tower's Depreciation and Net Income go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of International Tower Hill value has been used up. For tax purposes International Tower can deduct the cost of the tangible assets it purchases as business expenses. However, International Tower Hill must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in International Tower Hill financial statement analysis. It represents the amount of money remaining after all of International Tower Hill operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from International Tower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Tower Hill 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 International Tower Hill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. As of the 1st of December 2024, Enterprise Value is likely to grow to about 83 M, while Selling General Administrative is likely to drop about 818.4 K.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 5.9M | 3.4M | 3.3M | 3.1M | Interest Expense | 20.3K | 2.7M | 3.1M | 3.2M |
International Tower fundamental ratios Correlations
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International Tower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Tower fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 62.6M | 68.6M | 63.3M | 60.4M | 57.4M | 61.2M | |
Total Stockholder Equity | 62.2M | 68.1M | 62.7M | 60.1M | 57.1M | 55.3M | |
Non Current Assets Total | 55.3M | 55.4M | 55.4M | 55.4M | 63.7M | 42.2M | |
Common Stock Shares Outstanding | 187.4M | 189.9M | 194.9M | 195.2M | 195.6M | 101.5M | |
Liabilities And Stockholders Equity | 62.6M | 68.6M | 63.3M | 60.4M | 57.4M | 61.2M | |
Non Current Liabilities Total | 317.3K | 294.0K | 320.2K | 234.8K | 211.4K | 200.8K | |
Other Current Assets | 238.6K | 162.1K | 141.7K | 152.6K | 304.7K | 236.4K | |
Other Stockholder Equity | 35.1M | 35.5M | 36.0M | 36.3M | 36.4M | 44.9M | |
Total Liab | 335.8K | 493.0K | 579.9K | 288.4K | 235.0K | 223.2K | |
Total Current Assets | 7.2M | 13.2M | 7.9M | 5.0M | 2.0M | 1.9M | |
Common Stock | 277.9M | 278.2M | 288.0M | 288.5M | 287.4M | 204.6M | |
Other Current Liab | 317.3K | 294.0K | 320.2K | 234.8K | 142.1K | 135.0K | |
Total Current Liabilities | 335.8K | 493.0K | 579.9K | 288.4K | 235.0K | 223.2K | |
Property Plant And Equipment Net | 55.3M | 55.4M | 55.4M | 55.4M | 63.7M | 44.0M | |
Net Debt | (6.9M) | (13.0M) | (7.8M) | (4.8M) | (1.7M) | (1.8M) | |
Retained Earnings | (252.6M) | (257.1M) | (263.1M) | (266.2M) | (268.2M) | (254.8M) | |
Accounts Payable | 18.4K | 199.0K | 259.6K | 53.5K | 92.9K | 88.2K | |
Cash | 6.9M | 13.0M | 7.8M | 4.8M | 1.7M | 1.6M | |
Cash And Short Term Investments | 6.9M | 13.0M | 7.8M | 4.8M | 1.7M | 1.6M | |
Property Plant And Equipment Gross | 17.8K | 15.4K | 55.4M | 7.5K | 8.6K | 8.2K | |
Net Tangible Assets | 62.2M | 68.1M | 62.7M | 60.1M | 69.1M | 36.2M | |
Common Stock Total Equity | 277.9M | 278.2M | 288.0M | 288.5M | 331.8M | 180.6M | |
Retained Earnings Total Equity | (252.6M) | (257.1M) | (263.1M) | (266.2M) | (239.6M) | (227.6M) | |
Accumulated Other Comprehensive Income | 1.6M | 1.8M | 1.8M | 1.5M | 1.5M | 1.4M | |
Property Plant Equipment | 55.3M | 15.4K | 7.8K | 7.5K | 6.7K | 6.4K | |
Capital Surpluse | 35.1M | 35.5M | 36.0M | 36.3M | 41.7M | 38.0M | |
Cash And Equivalents | 6.9M | 13.0M | 7.8M | 4.8M | 4.4M | 7.7M | |
Net Invested Capital | 62.2M | 68.1M | 62.7M | 60.1M | 57.1M | 49.4M | |
Net Working Capital | 6.8M | 12.7M | 7.3M | 4.7M | 1.8M | 1.7M |
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International Tower. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International Tower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Return On Assets (0.04) | Return On Equity (0.06) |
The market value of International Tower Hill is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Tower's value that differs from its market value or its book value, called intrinsic value, which is International Tower's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International Tower's market value can be influenced by many factors that don't directly affect International Tower's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Tower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Tower's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.