Hannan Total Operating Expenses vs Ebitda Analysis

HAN Stock  CAD 0.68  0.05  6.85%   
Hannan Metals financial indicator trend analysis is much more than just examining Hannan Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hannan Metals is a good investment. Please check the relationship between Hannan Metals Total Operating Expenses and its Ebitda accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannan 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.

Total Operating Expenses vs Ebitda

Total Operating Expenses vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hannan Metals Total Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between Hannan Metals' Total Operating Expenses and Ebitda is -0.98. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebitda in the same time period over historical financial statements of Hannan Metals, assuming nothing else is changed. The correlation between historical values of Hannan Metals' Total Operating Expenses 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 Total Operating Expenses of Hannan Metals 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 Total Operating Expenses i.e., Hannan Metals' Total Operating Expenses and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Ebitda

Most indicators from Hannan Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hannan 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannan 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.
At this time, Hannan Metals' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 20.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 65.7 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses898.2K1.6M1.9M1.1M
Depreciation And Amortization6.5K4.5K5.2K4.9K

Hannan Metals fundamental ratios Correlations

-0.450.970.97-0.860.690.460.910.970.00.84-0.110.910.480.87-0.37-0.530.91-0.47-0.37-0.470.320.890.25-0.630.84
-0.45-0.63-0.530.67-0.590.49-0.35-0.54-0.15-0.37-0.17-0.44-0.72-0.360.380.99-0.370.810.70.82-0.92-0.440.130.55-0.36
0.97-0.630.96-0.890.760.270.890.950.030.77-0.040.860.580.8-0.4-0.70.89-0.6-0.49-0.60.510.840.14-0.690.77
0.97-0.530.96-0.850.650.410.830.990.040.8-0.260.920.60.86-0.42-0.580.82-0.51-0.4-0.510.340.880.37-0.590.86
-0.860.67-0.89-0.85-0.65-0.17-0.75-0.880.15-0.87-0.05-0.87-0.52-0.840.220.74-0.760.770.330.77-0.51-0.89-0.120.6-0.82
0.69-0.590.760.65-0.650.210.530.660.310.470.330.590.220.56-0.44-0.660.56-0.6-0.46-0.590.460.61-0.3-0.990.48
0.460.490.270.41-0.170.210.330.40.00.39-0.280.46-0.320.47-0.010.410.320.210.40.23-0.650.440.32-0.240.49
0.91-0.350.890.83-0.750.530.330.81-0.190.69-0.010.710.380.66-0.31-0.431.0-0.36-0.31-0.360.290.680.1-0.440.6
0.97-0.540.950.99-0.880.660.40.810.020.85-0.220.950.580.9-0.43-0.60.81-0.53-0.41-0.520.350.920.36-0.610.9
0.0-0.150.030.040.150.310.0-0.190.02-0.270.0-0.10.19-0.12-0.19-0.08-0.19-0.08-0.07-0.130.16-0.110.0-0.36-0.11
0.84-0.370.770.8-0.870.470.390.690.85-0.27-0.040.940.390.94-0.3-0.460.7-0.39-0.33-0.390.250.970.31-0.420.94
-0.11-0.17-0.04-0.26-0.050.33-0.28-0.01-0.220.0-0.04-0.23-0.43-0.18-0.21-0.210.05-0.12-0.21-0.140.26-0.1-0.92-0.32-0.29
0.91-0.440.860.92-0.870.590.460.710.95-0.10.94-0.230.510.95-0.33-0.520.71-0.46-0.35-0.450.270.980.42-0.550.97
0.48-0.720.580.6-0.520.22-0.320.380.580.190.39-0.430.510.44-0.23-0.690.36-0.5-0.57-0.520.720.440.51-0.170.47
0.87-0.360.80.86-0.840.560.470.660.9-0.120.94-0.180.950.44-0.33-0.450.66-0.41-0.31-0.40.210.970.4-0.530.96
-0.370.38-0.4-0.420.22-0.44-0.01-0.31-0.43-0.19-0.3-0.21-0.33-0.23-0.330.35-0.320.00.640.01-0.25-0.350.10.42-0.26
-0.530.99-0.7-0.580.74-0.660.41-0.43-0.6-0.08-0.46-0.21-0.52-0.69-0.450.35-0.450.830.70.83-0.91-0.530.150.61-0.43
0.91-0.370.890.82-0.760.560.321.00.81-0.190.70.050.710.360.66-0.32-0.45-0.37-0.33-0.380.310.680.05-0.470.6
-0.470.81-0.6-0.510.77-0.60.21-0.36-0.53-0.08-0.39-0.12-0.46-0.5-0.410.00.83-0.370.191.0-0.64-0.470.10.56-0.4
-0.370.7-0.49-0.40.33-0.460.4-0.31-0.41-0.07-0.33-0.21-0.35-0.57-0.310.640.7-0.330.190.19-0.77-0.360.130.42-0.28
-0.470.82-0.6-0.510.77-0.590.23-0.36-0.52-0.13-0.39-0.14-0.45-0.52-0.40.010.83-0.381.00.19-0.66-0.460.10.55-0.38
0.32-0.920.510.34-0.510.46-0.650.290.350.160.250.260.270.720.21-0.25-0.910.31-0.64-0.77-0.660.28-0.21-0.410.18
0.89-0.440.840.88-0.890.610.440.680.92-0.110.97-0.10.980.440.97-0.35-0.530.68-0.47-0.36-0.460.280.32-0.580.98
0.250.130.140.37-0.12-0.30.320.10.360.00.31-0.920.420.510.40.10.150.050.10.130.1-0.210.320.30.5
-0.630.55-0.69-0.590.6-0.99-0.24-0.44-0.61-0.36-0.42-0.32-0.55-0.17-0.530.420.61-0.470.560.420.55-0.41-0.580.3-0.45
0.84-0.360.770.86-0.820.480.490.60.9-0.110.94-0.290.970.470.96-0.26-0.430.6-0.4-0.28-0.380.180.980.5-0.45
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Hannan Metals Account Relationship Matchups

Hannan Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5M7.2M8.3M11.7M6.9M6.6M
Total Current Liabilities469.5K238.0K283.5K347.5K325.2K308.9K
Total Stockholder Equity6.0M7.0M8.1M11.4M6.6M4.4M
Property Plant And Equipment Net4.7M5.4M5.9M8.3M5.8M4.8M
Net Debt(1.5M)(1.8M)(2.4M)(3.3M)(3.0M)(2.8M)
Retained Earnings(8.8M)(10.3M)(11.2M)(12.9M)(18.6M)(19.6M)
Accounts Payable234.6K238.0K283.5K347.5K325.2K247.1K
Cash1.7M1.8M2.4M3.3M945.4K949.8K
Non Current Assets Total4.7M5.4M5.9M8.3M5.8M6.1M
Cash And Short Term Investments1.7M1.8M2.4M3.3M3.8M4.0M
Net Receivables9.2K16.2K6.7K23.7K21.3K21.4K
Common Stock Shares Outstanding60.1M80.9M91.4M99.6M109.6M115.0M
Liabilities And Stockholders Equity6.5M7.2M8.3M11.7M13.5M14.1M
Other Current Assets85.9K72.3K56.7K97.8K112.5K118.1K
Other Stockholder Equity4.3M4.3M4.3M5.0M4.5M4.2M
Total Liab469.5K238.0K283.5K347.5K325.2K308.9K
Total Current Assets1.8M1.9M2.4M3.4M1.1M1.0M
Other Current Liab20K51.1K49.9K33.2K29.9K28.4K
Accumulated Other Comprehensive Income4.3M4.3M4.3M5.0M5.7M3.8M
Net Tangible Assets6.0M7.0M8.1M11.4M13.1M13.7M
Common Stock10.5M13.0M15.0M19.3M17.4M19.6M
Property Plant Equipment4.7M5.4M5.9M8.3M9.5M10.0M
Net Invested Capital6.2M7.0M8.1M11.4M6.6M6.7M
Net Working Capital1.3M1.7M2.2M3.1M737.9K1.2M
Capital Stock10.5M13.0M15.0M19.3M19.4M15.6M

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