Mako Income Before Tax vs Depreciation And Amortization Analysis

MKO Stock

CAD 3.04 0.02 0.65%

Mako Mining financial indicator trend analysis is infinitely more than just investigating Mako Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mako Mining Corp is a good investment. Please check the relationship between Mako Mining Income Before Tax and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mako Mining Corp. 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.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mako Mining Corp Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.

The correlation between Mako Mining's Income Before Tax and Depreciation And Amortization is 0.28. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Mako Mining Corp, assuming nothing else is changed. The correlation between historical values of Mako Mining's Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Mako Mining Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Mako Mining's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Mako Mining income statement and is an important metric when analyzing Mako Mining Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Most indicators from Mako Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mako Mining Corp 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 Mako Mining Corp. 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, Mako Mining's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 2.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.1 in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	31.7M	68.9M	53.6M	56.3M
Depreciation And Amortization	5.6M	20.5M	13.5M	14.2M

Other Operating Expenses Depreciation And Amortization

Mako Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Other Current Liab	Common Stock	Other Liab	Net Tangible Assets	Property Plant Equipment	Non Current Liabilities Other	Net Invested Capital
Total Assets		0.5	0.4	0.89	0.79	-0.75	0.31	0.38	0.92	-0.42	0.38	0.15	0.66	0.82	0.56	0.68	0.73	0.36	0.71	0.29	0.86	0.51	-0.17	0.35	-0.71	0.27
Total Current Liabilities	0.5		-0.51	0.19	0.46	-0.76	0.94	0.5	0.21	-0.69	0.5	0.82	0.41	0.57	0.45	0.51	0.86	0.7	0.48	0.8	0.68	0.43	-0.64	-0.05	-0.66	-0.59
Total Stockholder Equity	0.4	-0.51		0.59	0.06	0.16	-0.58	-0.04	0.6	0.51	-0.04	-0.64	0.11	0.01	-0.02	0.2	-0.28	-0.35	0.02	-0.42	0.01	0.21	0.46	0.31	-0.05	0.66
Property Plant And Equipment Net	0.89	0.19	0.59		0.69	-0.5	-0.06	0.27	1.0	-0.19	0.27	-0.14	0.52	0.67	0.29	0.43	0.5	-0.03	0.54	0.16	0.62	0.3	-0.02	0.28	-0.49	0.52
Net Debt	0.79	0.46	0.06	0.69		-0.87	0.29	0.1	0.71	-0.74	0.1	0.08	0.73	0.98	0.79	0.64	0.82	0.46	0.92	0.15	0.91	0.18	-0.15	0.46	-0.58	0.39
Retained Earnings	-0.75	-0.76	0.16	-0.5	-0.87		-0.64	-0.35	-0.53	0.81	-0.35	-0.44	-0.78	-0.93	-0.8	-0.72	-0.96	-0.77	-0.93	-0.42	-0.95	-0.4	0.41	-0.32	0.76	0.05
Accounts Payable	0.31	0.94	-0.58	-0.06	0.29	-0.64		0.37	-0.05	-0.59	0.37	0.87	0.22	0.4	0.48	0.48	0.72	0.77	0.34	0.66	0.54	0.43	-0.59	-0.1	-0.56	-0.73
Cash	0.38	0.5	-0.04	0.27	0.1	-0.35	0.37		0.27	-0.25	1.0	0.45	0.47	0.26	-0.01	0.09	0.44	0.39	0.2	0.56	0.28	0.61	-0.29	-0.1	-0.58	-0.33
Non Current Assets Total	0.92	0.21	0.6	1.0	0.71	-0.53	-0.05	0.27		-0.21	0.27	-0.14	0.56	0.69	0.33	0.48	0.51	0.01	0.58	0.15	0.66	0.32	-0.02	0.32	-0.51	0.53
Non Currrent Assets Other	-0.42	-0.69	0.51	-0.19	-0.74	0.81	-0.59	-0.25	-0.21		-0.25	-0.46	-0.6	-0.78	-0.65	-0.4	-0.84	-0.65	-0.76	-0.38	-0.77	-0.24	0.4	-0.2	0.6	0.11
Cash And Short Term Investments	0.38	0.5	-0.04	0.27	0.1	-0.35	0.37	1.0	0.27	-0.25		0.45	0.47	0.26	-0.01	0.09	0.44	0.39	0.2	0.56	0.28	0.61	-0.29	-0.1	-0.58	-0.33
Net Receivables	0.15	0.82	-0.64	-0.14	0.08	-0.44	0.87	0.45	-0.14	-0.46	0.45		0.13	0.21	0.18	0.04	0.59	0.64	0.15	0.55	0.28	0.41	-0.73	-0.48	-0.44	-0.83
Common Stock Shares Outstanding	0.66	0.41	0.11	0.52	0.73	-0.78	0.22	0.47	0.56	-0.6	0.47	0.13		0.79	0.53	0.5	0.71	0.58	0.84	0.24	0.75	0.38	-0.36	0.23	-0.68	0.19
Non Current Liabilities Total	0.82	0.57	0.01	0.67	0.98	-0.93	0.4	0.26	0.69	-0.78	0.26	0.21	0.79		0.79	0.66	0.9	0.56	0.95	0.25	0.95	0.29	-0.23	0.41	-0.67	0.27
Other Current Assets	0.56	0.45	-0.02	0.29	0.79	-0.8	0.48	-0.01	0.33	-0.65	-0.01	0.18	0.53	0.79		0.76	0.68	0.75	0.82	-0.04	0.8	0.34	-0.07	0.49	-0.57	0.15
Other Stockholder Equity	0.68	0.51	0.2	0.43	0.64	-0.72	0.48	0.09	0.48	-0.4	0.09	0.04	0.5	0.66	0.76		0.59	0.53	0.66	0.31	0.8	0.32	-0.01	0.65	-0.56	0.1
Total Liab	0.73	0.86	-0.28	0.5	0.82	-0.96	0.72	0.44	0.51	-0.84	0.44	0.59	0.71	0.9	0.68	0.59		0.72	0.83	0.55	0.9	0.41	-0.53	0.15	-0.76	-0.17
Total Current Assets	0.36	0.7	-0.35	-0.03	0.46	-0.77	0.77	0.39	0.01	-0.65	0.39	0.64	0.58	0.56	0.75	0.53	0.72		0.66	0.26	0.63	0.54	-0.47	0.07	-0.68	-0.44
Other Assets	0.71	0.48	0.02	0.54	0.92	-0.93	0.34	0.2	0.58	-0.76	0.2	0.15	0.84	0.95	0.82	0.66	0.83	0.66		0.14	0.91	0.29	-0.21	0.46	-0.66	0.25
Other Current Liab	0.29	0.8	-0.42	0.16	0.15	-0.42	0.66	0.56	0.15	-0.38	0.56	0.55	0.24	0.25	-0.04	0.31	0.55	0.26	0.14		0.35	0.2	-0.55	-0.13	-0.43	-0.55
Common Stock	0.86	0.68	0.01	0.62	0.91	-0.95	0.54	0.28	0.66	-0.77	0.28	0.28	0.75	0.95	0.8	0.8	0.9	0.63	0.91	0.35		0.41	-0.26	0.47	-0.74	0.13
Other Liab	0.51	0.43	0.21	0.3	0.18	-0.4	0.43	0.61	0.32	-0.24	0.61	0.41	0.38	0.29	0.34	0.32	0.41	0.54	0.29	0.2	0.41		-0.34	-0.1	-0.74	-0.26
Net Tangible Assets	-0.17	-0.64	0.46	-0.02	-0.15	0.41	-0.59	-0.29	-0.02	0.4	-0.29	-0.73	-0.36	-0.23	-0.07	-0.01	-0.53	-0.47	-0.21	-0.55	-0.26	-0.34		0.68	0.5	0.6
Property Plant Equipment	0.35	-0.05	0.31	0.28	0.46	-0.32	-0.1	-0.1	0.32	-0.2	-0.1	-0.48	0.23	0.41	0.49	0.65	0.15	0.07	0.46	-0.13	0.47	-0.1	0.68		-0.04	0.54
Non Current Liabilities Other	-0.71	-0.66	-0.05	-0.49	-0.58	0.76	-0.56	-0.58	-0.51	0.6	-0.58	-0.44	-0.68	-0.67	-0.57	-0.56	-0.76	-0.68	-0.66	-0.43	-0.74	-0.74	0.5	-0.04		0.16
Net Invested Capital	0.27	-0.59	0.66	0.52	0.39	0.05	-0.73	-0.33	0.53	0.11	-0.33	-0.83	0.19	0.27	0.15	0.1	-0.17	-0.44	0.25	-0.55	0.13	-0.26	0.6	0.54	0.16

Click cells to compare fundamentals

Mako Mining Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Mako Stock Analysis

When running Mako Mining's price analysis, check to measure Mako 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 Mako Mining is operating at the current time. Most of Mako Mining's value examination focuses on studying past and present price action to predict the probability of Mako 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 Mako Mining's price. Additionally, you may evaluate how the addition of Mako Mining to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Mako Income Before Tax vs Depreciation And Amortization Analysis

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Income Before Tax

Depreciation And Amortization

Mako Mining fundamental ratios Correlations

Mako Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Mako Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.98	Net Debt
Other Assets	+ 0.95	Non Current Liabilities Total
Common Stock	+ 0.95	Non Current Liabilities Total
Accounts Payable	+ 0.94	Total Current Liabilities

Total Liab	- 0.96	Retained Earnings
Common Stock	- 0.95	Retained Earnings
Other Assets	- 0.93	Retained Earnings
Non Current Liabilities Total	- 0.93	Retained Earnings
Retained Earnings	- 0.87	Net Debt
Total Liab	- 0.84	Non Currrent Assets Other