InZinc Interest Expense vs Net Income Analysis
LTH Stock | 0.76 0.01 1.33% |
InZinc Mining financial indicator trend analysis is infinitely more than just investigating InZinc Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InZinc Mining is a good investment. Please check the relationship between InZinc Mining Interest Expense and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in InZinc 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.
Interest Expense vs Net Income
Interest Expense vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InZinc Mining Interest Expense account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between InZinc Mining's Interest Expense and Net Income is -0.91. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of InZinc Mining, assuming nothing else is changed. The correlation between historical values of InZinc Mining's Interest Expense 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 Interest Expense of InZinc Mining 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 Interest Expense i.e., InZinc Mining's Interest Expense and Net Income go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in InZinc Mining financial statement analysis. It represents the amount of money remaining after all of InZinc Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from InZinc Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InZinc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in InZinc 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. At this time, InZinc Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 224.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 27.1 M in 2024.
2010 | 2023 | 2024 (projected) | Interest Income | 459.5K | 819.9K | 703.7K | Net Interest Income | 454.2K | 785.3K | 681.7K |
InZinc Mining fundamental ratios Correlations
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InZinc Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for InZinc Stock Analysis
When running InZinc Mining's price analysis, check to measure InZinc Mining's 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 InZinc Mining is operating at the current time. Most of InZinc Mining's value examination focuses on studying past and present price action to predict the probability of InZinc Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InZinc Mining's price. Additionally, you may evaluate how the addition of InZinc Mining to your portfolios can decrease your overall portfolio volatility.