Belo Net Interest Income vs Non Recurring Analysis

BSX Stock  CAD 0.04  0.01  10.00%   
Belo Sun financial indicator trend analysis is way more than just evaluating Belo Sun Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Belo Sun Mining is a good investment. Please check the relationship between Belo Sun Net Interest Income and its Non Recurring accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belo Sun Mining. 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.

Net Interest Income vs Non Recurring

Net Interest Income vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belo Sun Mining Net Interest Income account and Non Recurring. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Belo Sun's Net Interest Income and Non Recurring is -0.26. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Belo Sun Mining, assuming nothing else is changed. The correlation between historical values of Belo Sun's Net Interest Income and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Belo Sun Mining are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Net Interest Income i.e., Belo Sun's Net Interest Income and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Non Recurring

Most indicators from Belo Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belo Sun Mining 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 Belo Sun Mining. 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.
As of the 2nd of December 2024, Selling General Administrative is likely to drop to about 1.2 M. In addition to that, Enterprise Value Over EBITDA is likely to drop to -0.76
 2021 2022 2023 2024 (projected)
Net Interest Income234.3K719.5K1.1M765.7K
Interest Income236.7K719.5K1.1M713.6K

Belo Sun fundamental ratios Correlations

0.290.740.831.00.540.08-0.94-0.330.010.940.510.570.940.170.59-0.150.830.430.95-0.340.890.31-0.350.580.52
0.290.480.530.260.030.03-0.310.430.060.30.070.310.30.1-0.120.270.52-0.150.310.170.110.260.26-0.26-0.2
0.740.480.920.70.240.01-0.77-0.120.070.770.180.440.770.030.33-0.270.910.090.77-0.450.540.1-0.280.240.12
0.830.530.920.790.290.07-0.86-0.220.070.860.230.530.86-0.020.41-0.141.00.160.86-0.460.70.11-0.350.390.26
1.00.260.70.790.560.09-0.92-0.340.00.920.540.560.920.190.6-0.150.80.460.94-0.320.890.33-0.350.60.54
0.540.030.240.290.56-0.52-0.23-0.63-0.710.230.940.570.230.420.78-0.60.270.950.27-0.460.690.42-0.180.650.83
0.080.030.010.070.09-0.52-0.260.250.880.26-0.42-0.150.26-0.09-0.180.80.04-0.520.250.31-0.19-0.06-0.37-0.06-0.21
-0.94-0.31-0.77-0.86-0.92-0.23-0.260.15-0.26-1.0-0.2-0.44-1.00.02-0.4-0.02-0.88-0.14-0.990.24-0.76-0.110.32-0.42-0.26
-0.330.43-0.12-0.22-0.34-0.630.250.150.51-0.15-0.57-0.23-0.15-0.21-0.860.54-0.21-0.72-0.180.82-0.62-0.140.73-0.91-0.87
0.010.060.070.070.0-0.710.88-0.260.510.26-0.63-0.120.26-0.24-0.470.740.06-0.730.230.44-0.31-0.14-0.09-0.35-0.51
0.940.30.770.860.920.230.26-1.0-0.150.260.20.441.0-0.020.390.020.880.140.99-0.240.770.11-0.320.420.26
0.510.070.180.230.540.94-0.42-0.2-0.57-0.630.20.610.20.290.71-0.50.210.870.23-0.420.640.66-0.190.60.8
0.570.310.440.530.560.57-0.15-0.44-0.23-0.120.440.610.44-0.10.46-0.170.520.470.43-0.30.560.45-0.120.350.47
0.940.30.770.860.920.230.26-1.0-0.150.261.00.20.44-0.020.390.020.880.140.99-0.240.770.11-0.320.420.26
0.170.10.03-0.020.190.42-0.090.02-0.21-0.24-0.020.29-0.1-0.020.27-0.11-0.030.380.080.070.190.08-0.080.230.36
0.59-0.120.330.410.60.78-0.18-0.4-0.86-0.470.390.710.460.390.27-0.410.40.830.42-0.720.760.28-0.660.940.92
-0.150.27-0.27-0.14-0.15-0.60.8-0.020.540.740.02-0.5-0.170.02-0.11-0.41-0.14-0.620.010.62-0.34-0.110.01-0.33-0.39
0.830.520.911.00.80.270.04-0.88-0.210.060.880.210.520.88-0.030.4-0.140.150.87-0.450.710.08-0.320.380.25
0.43-0.150.090.160.460.95-0.52-0.14-0.72-0.730.140.870.470.140.380.83-0.620.150.18-0.470.650.35-0.210.740.89
0.950.310.770.860.940.270.25-0.99-0.180.230.990.230.430.990.080.420.010.870.18-0.230.780.12-0.330.450.3
-0.340.17-0.45-0.46-0.32-0.460.310.240.820.44-0.24-0.42-0.3-0.240.07-0.720.62-0.45-0.47-0.23-0.53-0.190.7-0.7-0.59
0.890.110.540.70.890.69-0.19-0.76-0.62-0.310.770.640.560.770.190.76-0.340.710.650.78-0.530.32-0.420.790.75
0.310.260.10.110.330.42-0.06-0.11-0.14-0.140.110.660.450.110.080.28-0.110.080.350.12-0.190.32-0.10.210.36
-0.350.26-0.28-0.35-0.35-0.18-0.370.320.73-0.09-0.32-0.19-0.12-0.32-0.08-0.660.01-0.32-0.21-0.330.7-0.42-0.1-0.75-0.57
0.58-0.260.240.390.60.65-0.06-0.42-0.91-0.350.420.60.350.420.230.94-0.330.380.740.45-0.70.790.21-0.750.93
0.52-0.20.120.260.540.83-0.21-0.26-0.87-0.510.260.80.470.260.360.92-0.390.250.890.3-0.590.750.36-0.570.93
Click cells to compare fundamentals

Belo Sun Account Relationship Matchups

Belo Sun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.1M54.5M48.4M36.7M26.8M29.0M
Other Current Liab4.1M2.8M904.7K286.1K276.3K262.5K
Total Current Liabilities4.4M3.6M1.8M1.5M1.7M2.5M
Total Stockholder Equity54.7M50.8M46.6M35.2M25.1M26.4M
Property Plant And Equipment Net18.8M18.4M18.2M16.2M10.6M9.7M
Net Debt(28.9M)(30.0M)(23.9M)(17.6M)(15.1M)(15.9M)
Retained Earnings(210.3M)(215.8M)(219.4M)(232.7M)(243.4M)(231.2M)
Accounts Payable271.6K116.9K230.5K303.1K415.6K552.1K
Cash29.0M30.0M24.0M17.6M15.1M17.1M
Non Current Assets Total20.9M24.3M20.2M18.4M11.2M11.1M
Non Currrent Assets Other1.6M5.5M1.5M1.6M(1.0)(0.95)
Cash And Short Term Investments29.0M30.0M24.0M17.6M15.1M17.2M
Net Receivables9.2M149.4K4.2M643.7K400.6K380.5K
Common Stock Shares Outstanding454.0M444.1M450.9M455.1M455.1M231.5M
Liabilities And Stockholders Equity59.1M54.5M48.4M36.7M26.8M29.0M
Other Stockholder Equity3.5M3.1M60.4K37.6K71.7K68.1K
Total Liab4.4M3.6M1.9M1.5M1.7M2.6M
Property Plant And Equipment Gross18.8M18.4M19.8M18.8M18.0M10.2M
Total Current Assets38.2M30.2M28.2M18.4M15.6M18.0M
Accumulated Other Comprehensive Income1.1M686.4K627.3K1.7M5.6M5.9M
Short Term Debt20.1K15.2K15.2K8.9K8.0K7.6K
Net Tangible Assets54.7M50.8M46.6M35.2M40.5M41.5M
Property Plant Equipment18.8M18.4M18.2M16.2M18.6M13.3M
Non Current Liabilities Total1.1M0.051.6K24.9K7.9K312.0K
Other Current Assets40.8K196.5K69.3K79.5K484.2K508.5K
Capital Surpluse(114.7K)(48.2K)60.4K37.7K43.3K45.5K
Long Term Investments571.2K451.9K434.3K540.1K635.7K448.8K
Cash And Equivalents238.1K2.0M1.4M1.7M1.9M955.4K
Net Invested Capital54.7M50.8M46.6M35.2M25.1M39.9M
Net Working Capital33.8M26.6M26.4M16.9M13.9M23.5M

Pair Trading with Belo Sun

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 Belo Sun 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 Belo Sun will appreciate offsetting losses from the drop in the long position's value.

Moving together with Belo Stock

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The ability to find closely correlated positions to Belo Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Belo Sun 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 Belo Sun - 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 Belo Sun Mining to buy it.
The correlation of Belo Sun 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 Belo Sun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Belo Sun Mining 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 Belo Sun 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 CorrelationCorrelation Matching

Other Information on Investing in Belo Stock

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