Indiana Ebit vs Ebitda Analysis
IDA Stock | 0.06 0 4.69% |
Indiana Resources financial indicator trend analysis is infinitely more than just investigating Indiana Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indiana Resources is a good investment. Please check the relationship between Indiana Resources Ebit and its Ebitda accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indiana 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.
Ebit vs Ebitda
Ebit vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indiana Resources Ebit account and Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Indiana Resources' Ebit and Ebitda is 0.71. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Indiana Resources, assuming nothing else is changed. The correlation between historical values of Indiana Resources' Ebit 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 Ebit of Indiana Resources 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 Ebit i.e., Indiana Resources' Ebit and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebit
Ebitda
Most indicators from Indiana Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indiana 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indiana 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 drop to about 3.4 M in 2024. Discontinued Operations is likely to drop to about (7.2 M) in 2024
2023 | 2024 (projected) | Research Development | 93.4K | 83.0K | Minority Interest | 1.1M | 1.8M |
Indiana Resources fundamental ratios Correlations
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Indiana Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Indiana Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 652K | 3.1M | 6.6M | 6.9M | 8.2M | 7.8M | |
Other Current Liab | 124K | 26K | 256K | 189K | 403K | 382.9K | |
Total Current Liabilities | 1.3M | 937K | 670K | 939K | 900K | 855K | |
Total Stockholder Equity | (625K) | 2.1M | 5.4M | 5.7M | 6.9M | 6.5M | |
Property Plant And Equipment Net | 27K | 70K | 207K | 105K | 6.4M | 8.9M | |
Net Debt | (504K) | (1.2M) | (2.2M) | (1.1M) | (1.4M) | (1.4M) | |
Retained Earnings | (22.8M) | (24.5M) | (26.6M) | (27.0M) | (30.7M) | (32.3M) | |
Cash | 504K | 1.3M | 2.4M | 1.2M | 1.4M | 1.3M | |
Non Current Assets Total | 27K | 1.7M | 3.8M | 5.4M | 6.4M | 6.1M | |
Non Currrent Assets Other | (27K) | 1.7M | 3.6M | 5.3M | 4.8M | 5.0M | |
Cash And Short Term Investments | 504K | 1.3M | 2.4M | 1.2M | 1.4M | 1.3M | |
Net Receivables | 102K | 83K | 152K | 241K | 324K | 307.8K | |
Common Stock Shares Outstanding | 174.2M | 257.0M | 425.7M | 494.0M | 589.9M | 619.4M | |
Liabilities And Stockholders Equity | 652K | 3.1M | 6.6M | 6.9M | 8.2M | 7.8M | |
Non Current Liabilities Total | 52K | 52.0K | 119K | 38K | 22K | 20.9K | |
Total Liab | 1.3M | 989K | 789K | 977K | 922K | 875.9K | |
Property Plant And Equipment Gross | 27K | 3.2M | 4.2M | 5.5M | 6.6M | 9.3M | |
Total Current Assets | 495K | 625K | 1.4M | 1.5M | 1.8M | 1.7M | |
Accumulated Other Comprehensive Income | 6.4M | 7.0M | 7.2M | 5.5M | 5.2M | 4.8M | |
Common Stock | 15.8M | 19.6M | 24.8M | 27.2M | 32.4M | 43.9M | |
Other Stockholder Equity | 6.4M | 7.0M | 7.2M | (1.0) | 1.0 | 1.05 | |
Accounts Payable | 1.2M | 901K | 227K | 692K | 487K | 462.7K | |
Property Plant Equipment | 27K | 1.7M | 3.8M | 5.4M | 6.2M | 5.9M | |
Net Tangible Assets | (625K) | 2.1M | 5.4M | 5.7M | 5.1M | 6.9M | |
Net Invested Capital | (625K) | 2.1M | 5.4M | 5.7M | 6.9M | 5.0M | |
Net Working Capital | (652K) | 451K | 2.1M | 543K | 852K | 558.3K | |
Capital Stock | 15.8M | 19.6M | 24.8M | 27.2M | 32.4M | 24.4M |
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When running Indiana Resources' price analysis, check to measure Indiana Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Indiana Resources is operating at the current time. Most of Indiana Resources' value examination focuses on studying past and present price action to predict the probability of Indiana Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indiana Resources' price. Additionally, you may evaluate how the addition of Indiana Resources to your portfolios can decrease your overall portfolio volatility.