WA1 Income Before Tax vs Ebitda Analysis

WA1 Stock   16.05  0.94  5.53%   
WA1 Resources financial indicator trend analysis is more than just analyzing WA1 Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WA1 Resources is a good investment. Please check the relationship between WA1 Resources Income Before Tax and its Ebitda accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WA1 Resources. 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.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WA1 Resources Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between WA1 Resources' Income Before Tax and Ebitda is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of WA1 Resources, assuming nothing else is changed. The correlation between historical values of WA1 Resources' Income Before Tax 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 Income Before Tax of WA1 Resources 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 Income Before Tax i.e., WA1 Resources' Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on WA1 Resources income statement and is an important metric when analyzing WA1 Resources 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.

Ebitda

Most indicators from WA1 Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WA1 Resources 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in WA1 Resources. 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.
Selling General Administrative is likely to gain to about 3.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 29.5 M in 2024.
 2010 2022 2023 2024 (projected)
Interest Income28.01.2M1.4M1.5M
Net Interest Income28.01.2M1.4M1.5M

WA1 Resources fundamental ratios Correlations

0.850.981.00.941.0-1.0-0.990.981.01.0-0.921.00.820.20.510.981.01.00.940.920.060.921.00.920.93
0.850.910.850.90.84-0.87-0.90.90.850.84-0.610.860.960.340.60.910.860.850.910.840.370.950.840.950.96
0.980.910.980.980.96-0.98-0.991.00.980.96-0.860.980.90.220.641.00.980.980.990.860.260.910.960.910.92
1.00.850.980.931.0-1.0-0.990.981.01.0-0.931.00.810.20.50.981.01.00.940.920.050.921.00.920.93
0.940.90.980.930.91-0.94-0.970.980.940.91-0.790.950.940.070.770.980.950.931.00.790.40.870.910.870.89
1.00.840.961.00.91-1.0-0.980.971.01.0-0.941.00.780.230.450.960.991.00.920.930.00.921.00.920.92
-1.0-0.87-0.98-1.0-0.94-1.01.0-0.98-1.0-1.00.9-1.0-0.83-0.19-0.51-0.98-1.0-1.0-0.94-0.93-0.06-0.94-0.99-0.94-0.94
-0.99-0.9-0.99-0.99-0.97-0.981.0-0.99-0.99-0.980.88-1.0-0.88-0.16-0.58-0.99-1.0-0.99-0.97-0.91-0.16-0.94-0.98-0.94-0.94
0.980.91.00.980.980.97-0.98-0.990.980.97-0.860.980.90.180.651.00.990.980.990.860.250.910.960.910.92
1.00.850.981.00.941.0-1.0-0.990.981.0-0.931.00.810.190.510.981.01.00.940.920.050.921.00.920.93
1.00.840.961.00.911.0-1.0-0.980.971.0-0.941.00.780.230.450.960.991.00.920.930.00.921.00.920.92
-0.92-0.61-0.86-0.93-0.79-0.940.90.88-0.86-0.93-0.94-0.92-0.56-0.19-0.33-0.86-0.92-0.93-0.79-0.80.16-0.73-0.94-0.73-0.73
1.00.860.981.00.951.0-1.0-1.00.981.01.0-0.920.830.180.530.981.01.00.950.910.080.920.990.920.93
0.820.960.90.810.940.78-0.83-0.880.90.810.78-0.560.830.130.80.90.830.810.940.720.570.870.780.870.88
0.20.340.220.20.070.23-0.19-0.160.180.190.23-0.190.180.13-0.320.220.180.190.130.32-0.140.290.250.290.28
0.510.60.640.50.770.45-0.51-0.580.650.510.45-0.330.530.8-0.320.640.540.50.750.240.830.430.440.430.46
0.980.911.00.980.980.96-0.98-0.991.00.980.96-0.860.980.90.220.640.980.980.990.860.260.910.960.910.92
1.00.860.981.00.950.99-1.0-1.00.991.00.99-0.921.00.830.180.540.981.00.950.910.090.920.990.920.93
1.00.850.981.00.931.0-1.0-0.990.981.01.0-0.931.00.810.190.50.981.00.940.920.050.921.00.920.93
0.940.910.990.941.00.92-0.94-0.970.990.940.92-0.790.950.940.130.750.990.950.940.790.40.880.910.880.89
0.920.840.860.920.790.93-0.93-0.910.860.920.93-0.80.910.720.320.240.860.910.920.79-0.160.970.930.970.96
0.060.370.260.050.40.0-0.06-0.160.250.050.00.160.080.57-0.140.830.260.090.050.4-0.160.09-0.010.090.11
0.920.950.910.920.870.92-0.94-0.940.910.920.92-0.730.920.870.290.430.910.920.920.880.970.090.921.01.0
1.00.840.961.00.911.0-0.99-0.980.961.01.0-0.940.990.780.250.440.960.991.00.910.93-0.010.920.920.92
0.920.950.910.920.870.92-0.94-0.940.910.920.92-0.730.920.870.290.430.910.920.920.880.970.091.00.921.0
0.930.960.920.930.890.92-0.94-0.940.920.930.92-0.730.930.880.280.460.920.930.930.890.960.111.00.921.0
Click cells to compare fundamentals

WA1 Resources Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for WA1 Stock Analysis

When running WA1 Resources' price analysis, check to measure WA1 Resources' 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 WA1 Resources is operating at the current time. Most of WA1 Resources' value examination focuses on studying past and present price action to predict the probability of WA1 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WA1 Resources' price. Additionally, you may evaluate how the addition of WA1 Resources to your portfolios can decrease your overall portfolio volatility.