USAS Stock | | | USD 0.38 0.01 2.70% |
Americas Silver financial indicator trend analysis is way more than just evaluating Americas Silver Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Americas Silver Corp is a good investment. Please check the relationship between Americas Silver Income Before Tax and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Americas Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Income Before Tax vs Net Income
Income Before Tax vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Americas Silver Corp Income Before Tax account and
Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Americas Silver's Income Before Tax and Net Income is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Americas Silver Corp, assuming nothing else is changed. The correlation between historical values of Americas Silver's Income Before Tax 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 Income Before Tax of Americas Silver Corp 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 Income Before Tax i.e., Americas Silver's Income Before Tax and Net Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Americas Silver income statement and is an important metric when analyzing Americas Silver Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Americas Silver Corp financial statement analysis. It represents the amount of money remaining after all of Americas Silver Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Americas Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Americas Silver Corp 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 Americas Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Americas Silver's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 82.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.4
M in 2024.
Americas Silver fundamental ratios Correlations
Click cells to compare fundamentals
Americas Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Americas Silver fundamental ratios Accounts
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Additional Tools for Americas Stock Analysis
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measure Americas Silver'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 Americas Silver is operating at the current time. Most of Americas Silver's value examination focuses on studying past and present price action to
predict the probability of Americas Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Americas Silver's price. Additionally, you may evaluate how the addition of Americas Silver to your portfolios can decrease your overall portfolio volatility.