Happy Ebitda vs Net Income Analysis

HPY Stock

CAD 0.07 0.01 16.67%

Happy Creek financial indicator trend analysis is much more than just examining Happy Creek Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Happy Creek Minerals is a good investment. Please check the relationship between Happy Creek Ebitda and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Happy Creek Minerals. 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.

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Happy Creek Minerals Ebitda account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Happy Creek's Ebitda and Net Income is 0.42. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Happy Creek Minerals, assuming nothing else is changed. The correlation between historical values of Happy Creek's Ebitda and Net 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 Ebitda of Happy Creek Minerals are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Happy Creek's Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

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Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Happy Creek Minerals financial statement analysis. It represents the amount of money remaining after all of Happy Creek Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Happy Creek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Happy Creek Minerals 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 Happy Creek Minerals. 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 478.9 K in 2024, despite the fact that Tax Provision is likely to grow to (188.1 K).

Happy Creek fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Other Current Liab	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net
Total Assets		0.44	1.0	0.59	0.96	-0.93	-0.01	0.36	0.9	0.42	0.94	0.57	-0.61	0.38	0.95	0.92	0.94	0.19	0.24	0.92	0.4	0.81	0.74	-0.5	0.79	0.69
Total Current Liabilities	0.44		0.4	0.58	0.44	-0.45	0.75	0.02	0.3	0.07	0.48	0.76	0.07	-0.04	0.45	0.48	0.53	-0.34	-0.22	0.37	0.26	0.62	0.5	-0.38	0.56	0.48
Total Stockholder Equity	1.0	0.4		0.56	0.96	-0.92	-0.05	0.38	0.91	0.42	0.93	0.53	-0.64	0.4	0.95	0.91	0.93	0.2	0.26	0.9	0.4	0.8	0.73	-0.48	0.77	0.67
Other Liab	0.59	0.58	0.56		0.67	-0.66	0.49	-0.26	0.49	0.06	0.75	0.76	-0.01	-0.26	0.69	0.79	0.74	-0.02	-0.16	0.62	-0.13	0.78	0.51	-0.69	0.68	0.66
Net Tangible Assets	0.96	0.44	0.96	0.67		-0.92	0.03	0.28	0.94	0.32	0.98	0.48	-0.62	0.3	1.0	0.98	0.91	0.15	0.19	0.81	0.31	0.85	0.68	-0.55	0.78	0.66
Retained Earnings	-0.93	-0.45	-0.92	-0.66	-0.92		-0.18	-0.05	-0.88	-0.26	-0.91	-0.55	0.6	-0.05	-0.93	-0.93	-0.98	-0.01	-0.05	-0.85	-0.14	-0.92	-0.85	0.74	-0.93	-0.88
Accounts Payable	-0.01	0.75	-0.05	0.49	0.03	-0.18		-0.45	-0.08	-0.2	0.06	0.54	0.36	-0.51	0.04	0.13	0.22	-0.38	-0.47	0.02	-0.29	0.37	0.34	-0.46	0.4	0.45
Cash	0.36	0.02	0.38	-0.26	0.28	-0.05	-0.45		0.29	0.61	0.16	-0.04	-0.31	0.98	0.24	0.11	0.05	0.23	0.36	0.2	0.87	-0.04	0.09	0.61	-0.06	-0.28
Other Assets	0.9	0.3	0.91	0.49	0.94	-0.88	-0.08	0.29		0.29	0.91	0.27	-0.79	0.3	0.94	0.91	0.82	0.1	0.16	0.72	0.25	0.77	0.6	-0.53	0.71	0.61
Net Receivables	0.42	0.07	0.42	0.06	0.32	-0.26	-0.2	0.61	0.29		0.27	0.23	-0.09	0.53	0.31	0.25	0.28	-0.21	-0.19	0.37	0.56	0.33	0.49	0.23	0.33	0.2
Other Stockholder Equity	0.94	0.48	0.93	0.75	0.98	-0.91	0.06	0.16	0.91	0.27		0.55	-0.55	0.19	0.99	0.99	0.92	0.11	0.15	0.82	0.24	0.87	0.64	-0.62	0.78	0.68
Total Liab	0.57	0.76	0.53	0.76	0.48	-0.55	0.54	-0.04	0.27	0.23	0.55		0.15	-0.05	0.49	0.54	0.7	-0.08	-0.13	0.72	0.16	0.64	0.6	-0.47	0.63	0.62
Long Term Investments	-0.61	0.07	-0.64	-0.01	-0.62	0.6	0.36	-0.31	-0.79	-0.09	-0.55	0.15		-0.31	-0.62	-0.54	-0.5	-0.16	-0.18	-0.47	-0.15	-0.42	-0.39	0.3	-0.42	-0.38
Total Current Assets	0.38	-0.04	0.4	-0.26	0.3	-0.05	-0.51	0.98	0.3	0.53	0.19	-0.05	-0.31		0.25	0.12	0.06	0.39	0.53	0.22	0.86	-0.09	0.02	0.6	-0.11	-0.32
Common Stock	0.95	0.45	0.95	0.69	1.0	-0.93	0.04	0.24	0.94	0.31	0.99	0.49	-0.62	0.25		0.99	0.92	0.11	0.16	0.81	0.29	0.87	0.68	-0.58	0.79	0.68
Property Plant Equipment	0.92	0.48	0.91	0.79	0.98	-0.93	0.13	0.11	0.91	0.25	0.99	0.54	-0.54	0.12	0.99		0.93	0.08	0.1	0.8	0.17	0.9	0.67	-0.66	0.81	0.72
Non Current Assets Total	0.94	0.53	0.93	0.74	0.91	-0.98	0.22	0.05	0.82	0.28	0.92	0.7	-0.5	0.06	0.92	0.93		0.03	0.05	0.92	0.17	0.92	0.84	-0.72	0.92	0.87
Non Currrent Assets Other	0.19	-0.34	0.2	-0.02	0.15	-0.01	-0.38	0.23	0.1	-0.21	0.11	-0.08	-0.16	0.39	0.11	0.08	0.03		0.78	0.22	0.01	-0.28	-0.31	0.13	-0.29	-0.25
Short Term Investments	0.24	-0.22	0.26	-0.16	0.19	-0.05	-0.47	0.36	0.16	-0.19	0.15	-0.13	-0.18	0.53	0.16	0.1	0.05	0.78		0.15	0.38	-0.24	-0.26	0.22	-0.25	-0.31
Non Current Liabilities Total	0.92	0.37	0.9	0.62	0.81	-0.85	0.02	0.2	0.72	0.37	0.82	0.72	-0.47	0.22	0.81	0.8	0.92	0.22	0.15		0.22	0.74	0.73	-0.55	0.75	0.74
Other Current Liab	0.4	0.26	0.4	-0.13	0.31	-0.14	-0.29	0.87	0.25	0.56	0.24	0.16	-0.15	0.86	0.29	0.17	0.17	0.01	0.38	0.22		0.12	0.22	0.5	0.1	-0.16
Common Stock Shares Outstanding	0.81	0.62	0.8	0.78	0.85	-0.92	0.37	-0.04	0.77	0.33	0.87	0.64	-0.42	-0.09	0.87	0.9	0.92	-0.28	-0.24	0.74	0.12		0.87	-0.73	0.96	0.89
Net Invested Capital	0.74	0.5	0.73	0.51	0.68	-0.85	0.34	0.09	0.6	0.49	0.64	0.6	-0.39	0.02	0.68	0.67	0.84	-0.31	-0.26	0.73	0.22	0.87		-0.56	0.96	0.9
Net Working Capital	-0.5	-0.38	-0.48	-0.69	-0.55	0.74	-0.46	0.61	-0.53	0.23	-0.62	-0.47	0.3	0.6	-0.58	-0.66	-0.72	0.13	0.22	-0.55	0.5	-0.73	-0.56		-0.74	-0.86
Capital Stock	0.79	0.56	0.77	0.68	0.78	-0.93	0.4	-0.06	0.71	0.33	0.78	0.63	-0.42	-0.11	0.79	0.81	0.92	-0.29	-0.25	0.75	0.1	0.96	0.96	-0.74		0.96
Property Plant And Equipment Net	0.69	0.48	0.67	0.66	0.66	-0.88	0.45	-0.28	0.61	0.2	0.68	0.62	-0.38	-0.32	0.68	0.72	0.87	-0.25	-0.31	0.74	-0.16	0.89	0.9	-0.86	0.96

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Happy Creek Account Relationship Matchups

Happy Creek fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.0M	19.3M	18.8M	18.7M	18.5M	18.4M
Total Current Liabilities	143.5K	224.2K	70.9K	280.0K	183.8K	130.4K
Total Stockholder Equity	17.0M	18.0M	17.6M	17.3M	17.4M	17.2M
Other Liab	919.3K	882.9K	1.0M	1.2M	1.4M	1.0M
Net Tangible Assets	16.1M	17.0M	18.0M	17.6M	20.2M	16.8M
Retained Earnings	(8.0M)	(8.5M)	(9.4M)	(9.7M)	(10.4M)	(10.9M)
Accounts Payable	11.2K	72.9K	4.7K	128.7K	103.6K	108.8K
Cash	1.2M	1.6M	282.0K	33.0K	92.0K	87.4K
Net Receivables	30.7K	73.6K	51.5K	5.7K	15.9K	29.0K
Other Stockholder Equity	2.7M	2.8M	3.1M	3.4M	3.9M	2.6M
Total Liab	1.1M	1.3M	1.3M	1.4M	1.1M	1.2M
Total Current Assets	1.5M	1.7M	360.5K	40.2K	109.5K	104.0K
Common Stock	20.9M	22.1M	23.5M	23.6M	27.1M	21.7M
Property Plant Equipment	16.0M	16.4M	17.5M	18.3M	21.1M	16.9M
Non Current Assets Total	16.5M	17.6M	18.4M	18.6M	18.4M	18.7M
Non Currrent Assets Other	16.2M	16.1M	97K	100K	125K	118.8K
Short Term Investments	192.6K	9.7K	10.2K	554.0	498.6	473.67
Non Current Liabilities Total	915.7K	1.1M	1.2M	1.1M	911.1K	1.1M
Other Current Liab	100.5K	106.1K	16.3K	1.3K	1.2K	1.1K
Common Stock Shares Outstanding	105.0M	122.7M	124.2M	124.5M	137.5M	125.7M
Net Invested Capital	17.0M	18.0M	17.6M	17.3M	17.4M	18.8M
Net Working Capital	1.3M	1.5M	289.6K	(239.8K)	(74.3K)	(70.6K)
Capital Stock	22.1M	23.5M	23.6M	23.6M	24.2M	25.3M

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