Black Total Cash From Operating Activities vs Operating Income Analysis

BWR Stock  CAD 0.01  0.01  50.00%   
Black Widow financial indicator trend analysis is way more than just evaluating Black Widow Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Widow Resources is a good investment. Please check the relationship between Black Widow Total Cash From Operating Activities and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Widow 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.

Total Cash From Operating Activities vs Operating Income

Total Cash From Operating Activities vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Widow Resources Total Cash From Operating Activities account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Black Widow's Total Cash From Operating Activities and Operating Income is 0.9. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Operating Income in the same time period over historical financial statements of Black Widow Resources, assuming nothing else is changed. The correlation between historical values of Black Widow's Total Cash From Operating Activities and Operating 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 Total Cash From Operating Activities of Black Widow Resources are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Cash From Operating Activities i.e., Black Widow's Total Cash From Operating Activities and Operating Income go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Cash From Operating Activities

Operating Income

Operating Income is the amount of profit realized from Black Widow Resources 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 Black Widow Resources 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.
Most indicators from Black Widow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Widow 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Widow 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 climb to about 343.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 113.3 K in 2024.

Black Widow fundamental ratios Correlations

-0.16-0.080.350.36-0.020.00.71-0.020.060.01-0.081.00.090.13-0.050.170.130.240.290.12
-0.16-0.50.430.420.6-0.37-0.23-0.770.3-0.05-0.5-0.16-0.57-0.71-0.55-0.73-0.560.430.36-0.5
-0.08-0.5-0.95-0.92-0.90.690.230.61-0.69-0.481.0-0.080.820.660.820.670.9-0.9-0.870.93
0.350.43-0.950.990.88-0.6-0.06-0.610.540.48-0.950.35-0.79-0.63-0.74-0.62-0.830.920.89-0.84
0.360.42-0.920.990.89-0.54-0.1-0.630.480.49-0.920.36-0.8-0.64-0.71-0.64-0.820.890.85-0.82
-0.020.6-0.90.880.89-0.42-0.46-0.810.430.41-0.9-0.02-0.93-0.84-0.77-0.85-0.910.760.68-0.89
0.0-0.370.69-0.6-0.54-0.42-0.240.2-0.62-0.120.690.00.320.180.460.180.53-0.84-0.860.6
0.71-0.230.23-0.06-0.1-0.46-0.240.34-0.02-0.320.230.710.530.520.260.560.440.10.180.4
-0.02-0.770.61-0.61-0.63-0.810.20.34-0.20.020.61-0.020.810.880.770.870.71-0.48-0.390.64
0.060.3-0.690.540.480.43-0.62-0.02-0.20.2-0.690.06-0.26-0.17-0.61-0.19-0.430.550.57-0.51
0.01-0.05-0.480.480.490.41-0.12-0.320.020.2-0.480.01-0.5-0.38-0.27-0.41-0.530.380.35-0.53
-0.08-0.51.0-0.95-0.92-0.90.690.230.61-0.69-0.48-0.080.820.660.820.670.9-0.9-0.870.93
1.0-0.16-0.080.350.36-0.020.00.71-0.020.060.01-0.080.090.13-0.050.170.130.240.290.12
0.09-0.570.82-0.79-0.8-0.930.320.530.81-0.26-0.50.820.090.940.820.930.95-0.66-0.570.91
0.13-0.710.66-0.63-0.64-0.840.180.520.88-0.17-0.380.660.130.940.790.990.85-0.49-0.390.78
-0.05-0.550.82-0.74-0.71-0.770.460.260.77-0.61-0.270.82-0.050.820.790.740.82-0.62-0.580.82
0.17-0.730.67-0.62-0.64-0.850.180.560.87-0.19-0.410.670.170.930.990.740.85-0.49-0.390.77
0.13-0.560.9-0.83-0.82-0.910.530.440.71-0.43-0.530.90.130.950.850.820.85-0.79-0.730.99
0.240.43-0.90.920.890.76-0.840.1-0.480.550.38-0.90.24-0.66-0.49-0.62-0.49-0.790.99-0.82
0.290.36-0.870.890.850.68-0.860.18-0.390.570.35-0.870.29-0.57-0.39-0.58-0.39-0.730.99-0.77
0.12-0.50.93-0.84-0.82-0.890.60.40.64-0.51-0.530.930.120.910.780.820.770.99-0.82-0.77
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Black Widow Account Relationship Matchups

Black Widow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets343.8K302.7K119.6K85.2K98.0K156.8K
Total Current Liabilities445.3K630.0K830.2K981.4K1.1M1.2M
Total Stockholder Equity(101.6K)(327.4K)(710.6K)(896.1K)(806.5K)(766.2K)
Net Tangible Assets(173.8K)(101.6K)(327.4K)(710.6K)(639.6K)(607.6K)
Retained Earnings(4.3M)(5.1M)(5.4M)(5.7M)(5.1M)(5.3M)
Accounts Payable20.5K23.6K35.7K92.8K106.7K112.0K
Cash336.1K292.4K109.2K64.9K74.6K128.6K
Net Receivables9.2K7.7K10.3K10.4K12.0K7.9K
Other Stockholder Equity204.0K185.2K279.6K219.0K197.1K267.4K
Total Liab445.3K630.0K830.2K981.4K1.1M1.2M
Total Current Assets343.8K302.7K119.6K85.2K98.0K156.8K
Common Stock2.8M3.2M3.7M4.1M4.7M3.0M
Common Stock Shares Outstanding73.5M89.5M101.4M106.0M121.9M93.0M
Net Invested Capital(101.6K)(327.4K)(710.6K)(791.6K)(712.5K)(676.9K)
Net Working Capital(101.6K)(327.4K)(710.6K)(896.1K)(806.5K)(766.2K)
Capital Stock3.2M3.7M4.1M4.1M4.8M4.0M

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