| PA Stock | | | CAD 0.13 0.01 7.14% |
Palamina Corp financial indicator trend analysis is much more than just breaking down Palamina Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palamina Corp is a good investment. Please check the relationship between Palamina Corp Net Interest Income and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palamina 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.
Net Interest Income vs Operating Income
Net Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Palamina Corp Net Interest Income account and
Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Palamina Corp's Net Interest Income and Operating Income is -0.13. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Palamina Corp, assuming nothing else is changed. The correlation between historical values of Palamina Corp's Net Interest Income and Operating 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 Net Interest Income of Palamina Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Interest Income i.e., Palamina Corp's Net Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Operating Income
Operating Income is the amount of profit realized from Palamina Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Palamina Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Palamina Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palamina 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palamina 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.
Enterprise Value is likely to climb to about 4.9
M in 2024, whereas
Selling General Administrative is likely to drop 107.08 in 2024.
Palamina Corp fundamental ratios Correlations
Click cells to compare fundamentals
Palamina Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Palamina Corp fundamental ratios Accounts
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