American Operating Income vs Property Plant Equipment Analysis
AW1 Stock | 0.05 0 7.02% |
American West financial indicator trend analysis is way more than just evaluating American West Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American West Metals is a good investment. Please check the relationship between American West Operating Income and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American West Metals. 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.
Operating Income vs Property Plant Equipment
Operating Income vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American West Metals Operating Income account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between American West's Operating Income and Property Plant Equipment is 0.73. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of American West Metals, assuming nothing else is changed. The correlation between historical values of American West's Operating Income and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of American West Metals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Operating Income i.e., American West's Operating Income and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from American West Metals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of American West Metals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Property Plant Equipment
Most indicators from American West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American West Metals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in American West Metals. 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 drop to about 2.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 14.1 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 10.5M | 12.6M | 67.9K | 64.6K | Interest Income | 1.7K | 13.4K | 15.4K | 16.2K |
American West fundamental ratios Correlations
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American West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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