Rock Selling General Administrative vs Operating Income Analysis

RCK Stock

CAD 0.81 0.02 2.41%

Rock Tech financial indicator trend analysis is much more than just breaking down Rock Tech Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rock Tech Lithium is a good investment. Please check the relationship between Rock Tech Selling General Administrative and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rock Tech Lithium. 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 vs Operating Income

Selling General Administrative vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rock Tech Lithium Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Rock Tech's Selling General Administrative and Operating Income is -0.95. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income in the same time period over historical financial statements of Rock Tech Lithium, assuming nothing else is changed. The correlation between historical values of Rock Tech's Selling General Administrative 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 Selling General Administrative of Rock Tech Lithium 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 Selling General Administrative i.e., Rock Tech's Selling General Administrative and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Selling General Administrative

Operating Income

Operating Income is the amount of profit realized from Rock Tech Lithium 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 Rock Tech Lithium 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 Rock Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rock Tech Lithium 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 Rock Tech Lithium. 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, Rock Tech's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 110 M in 2024, despite the fact that Tax Provision is likely to grow to (180.8 K).

Rock Tech fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Non Current Liabilities Total	Inventory	Short Term Debt	Property Plant And Equipment Net	Accounts Payable	Other Stockholder Equity	Short Term Investments	Net Tangible Assets
Total Assets		0.98	1.0	-0.79	0.71	0.82	0.8	0.98	0.93	0.89	0.5	0.69	-0.91	0.92	0.84	0.86	0.92	-0.44	0.92	-0.39	-0.03	0.76	0.91	0.7	0.07	0.94
Total Current Liabilities	0.98		0.97	-0.71	0.71	0.72	0.74	1.0	0.94	0.82	0.56	0.61	-0.93	0.94	0.77	0.78	0.94	-0.35	0.9	-0.24	0.11	0.77	0.94	0.66	-0.02	0.88
Total Stockholder Equity	1.0	0.97		-0.8	0.7	0.83	0.81	0.97	0.93	0.89	0.49	0.69	-0.91	0.92	0.85	0.87	0.92	-0.45	0.91	-0.41	-0.05	0.75	0.91	0.7	0.09	0.94
Retained Earnings	-0.79	-0.71	-0.8		-0.54	-0.97	-0.83	-0.73	-0.54	-0.98	-0.54	-0.93	0.5	-0.52	-0.95	-0.86	-0.52	0.76	-0.8	0.42	0.09	-0.42	-0.58	-0.6	-0.13	-0.93
Net Receivables	0.71	0.71	0.7	-0.54		0.49	0.79	0.73	0.69	0.6	0.62	0.53	-0.65	0.65	0.55	0.49	0.65	0.01	0.89	-0.24	0.05	0.91	0.44	0.42	0.01	0.57
Common Stock Shares Outstanding	0.82	0.72	0.83	-0.97	0.49		0.79	0.74	0.62	0.97	0.37	0.84	-0.59	0.61	0.91	0.91	0.61	-0.74	0.77	-0.56	-0.24	0.42	0.65	0.57	0.28	0.95
Other Current Assets	0.8	0.74	0.81	-0.83	0.79	0.79		0.76	0.63	0.86	0.59	0.87	-0.58	0.6	0.86	0.76	0.6	-0.52	0.9	-0.42	-0.08	0.66	0.54	0.58	0.06	0.84
Total Liab	0.98	1.0	0.97	-0.73	0.73	0.74	0.76		0.94	0.84	0.57	0.63	-0.92	0.93	0.79	0.78	0.93	-0.36	0.91	-0.26	0.09	0.78	0.92	0.66	-0.02	0.89
Total Current Assets	0.93	0.94	0.93	-0.54	0.69	0.62	0.63	0.94		0.68	0.32	0.39	-1.0	1.0	0.59	0.73	1.0	-0.14	0.83	-0.39	-0.1	0.78	0.92	0.51	0.09	0.78
Common Stock	0.89	0.82	0.89	-0.98	0.6	0.97	0.86	0.84	0.68		0.55	0.91	-0.64	0.67	0.97	0.9	0.67	-0.73	0.86	-0.42	-0.07	0.53	0.71	0.67	0.1	0.98
Short Long Term Debt Total	0.5	0.56	0.49	-0.54	0.62	0.37	0.59	0.57	0.32	0.55		0.67	-0.28	0.3	0.64	0.35	0.3	-0.25	0.63	0.42	0.71	0.6	0.34	0.63	-0.31	0.47
Other Current Liab	0.69	0.61	0.69	-0.93	0.53	0.84	0.87	0.63	0.39	0.91	0.67		-0.33	0.36	0.95	0.73	0.36	-0.78	0.74	-0.23	0.1	0.42	0.44	0.68	-0.04	0.83
Net Debt	-0.91	-0.93	-0.91	0.5	-0.65	-0.59	-0.58	-0.92	-1.0	-0.64	-0.28	-0.33		-1.0	-0.55	-0.7	-1.0	0.11	-0.79	0.39	0.11	-0.75	-0.92	-0.49	-0.1	-0.75
Cash	0.92	0.94	0.92	-0.52	0.65	0.61	0.6	0.93	1.0	0.67	0.3	0.36	-1.0		0.57	0.72	1.0	-0.14	0.81	-0.39	-0.11	0.76	0.93	0.51	0.1	0.77
Non Current Assets Total	0.84	0.77	0.85	-0.95	0.55	0.91	0.86	0.79	0.59	0.97	0.64	0.95	-0.55	0.57		0.83	0.57	-0.77	0.81	-0.29	0.07	0.53	0.67	0.79	0.03	0.94
Non Currrent Assets Other	0.86	0.78	0.87	-0.86	0.49	0.91	0.76	0.78	0.73	0.9	0.35	0.73	-0.7	0.72	0.83		0.72	-0.61	0.76	-0.49	-0.18	0.49	0.73	0.6	0.31	0.92
Cash And Short Term Investments	0.92	0.94	0.92	-0.52	0.65	0.61	0.6	0.93	1.0	0.67	0.3	0.36	-1.0	1.0	0.57	0.72		-0.14	0.81	-0.39	-0.11	0.76	0.93	0.51	0.1	0.77
Good Will	-0.44	-0.35	-0.45	0.76	0.01	-0.74	-0.52	-0.36	-0.14	-0.73	-0.25	-0.78	0.11	-0.14	-0.77	-0.61	-0.14		-0.31	0.25	0.05	0.07	-0.36	-0.49	0.02	-0.69
Non Current Liabilities Total	0.92	0.9	0.91	-0.8	0.89	0.77	0.9	0.91	0.83	0.86	0.63	0.74	-0.79	0.81	0.81	0.76	0.81	-0.31		-0.38	-0.02	0.81	0.72	0.57	0.04	0.87
Inventory	-0.39	-0.24	-0.41	0.42	-0.24	-0.56	-0.42	-0.26	-0.39	-0.42	0.42	-0.23	0.39	-0.39	-0.29	-0.49	-0.39	0.25	-0.38		0.91	-0.09	-0.27	0.06	-0.48	-0.47
Short Term Debt	-0.03	0.11	-0.05	0.09	0.05	-0.24	-0.08	0.09	-0.1	-0.07	0.71	0.1	0.11	-0.11	0.07	-0.18	-0.11	0.05	-0.02	0.91		0.2	0.03	0.36	-0.47	-0.12
Property Plant And Equipment Net	0.76	0.77	0.75	-0.42	0.91	0.42	0.66	0.78	0.78	0.53	0.6	0.42	-0.75	0.76	0.53	0.49	0.76	0.07	0.81	-0.09	0.2		0.59	0.61	0.03	0.54
Accounts Payable	0.91	0.94	0.91	-0.58	0.44	0.65	0.54	0.92	0.92	0.71	0.34	0.44	-0.92	0.93	0.67	0.73	0.93	-0.36	0.72	-0.27	0.03	0.59		0.63	0.0	0.82
Other Stockholder Equity	0.7	0.66	0.7	-0.6	0.42	0.57	0.58	0.66	0.51	0.67	0.63	0.68	-0.49	0.51	0.79	0.6	0.51	-0.49	0.57	0.06	0.36	0.61	0.63		-0.1	0.66
Short Term Investments	0.07	-0.02	0.09	-0.13	0.01	0.28	0.06	-0.02	0.09	0.1	-0.31	-0.04	-0.1	0.1	0.03	0.31	0.1	0.02	0.04	-0.48	-0.47	0.03	0.0	-0.1		0.1
Net Tangible Assets	0.94	0.88	0.94	-0.93	0.57	0.95	0.84	0.89	0.78	0.98	0.47	0.83	-0.75	0.77	0.94	0.92	0.77	-0.69	0.87	-0.47	-0.12	0.54	0.82	0.66	0.1

Click cells to compare fundamentals

Rock Tech Account Relationship Matchups

Rock Tech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.6M	13.4M	72.0M	65.0M	46.8M	49.2M
Total Current Liabilities	242.7K	781.1K	9.3M	7.7M	4.9M	5.1M
Total Stockholder Equity	5.3M	12.6M	62.2M	56.3M	41.4M	43.5M
Retained Earnings	(34.5M)	(37.5M)	(59.7M)	(121.3M)	(150.0M)	(142.5M)
Net Receivables	10.5K	14.0K	826.4K	3.2M	491.1K	247.5K
Common Stock Shares Outstanding	35.0M	38.9M	58.3M	77.8M	96.6M	101.4M
Liabilities And Stockholders Equity	5.6M	13.4M	72.0M	65.0M	46.8M	49.2M
Other Current Assets	70.0K	162.4K	309.7K	1.0M	630.9K	662.5K
Total Liab	242.7K	781.1K	9.8M	8.7M	5.4M	5.7M
Total Current Assets	1.7M	9.2M	56.9M	39.1M	15.8M	16.6M
Common Stock	32.0M	42.0M	107.6M	157.6M	169.0M	177.4M
Other Current Liab	20.1K	31K	207.0K	4.1M	4.7M	4.9M
Net Debt	(1.7M)	(9.0M)	(55.5M)	(33.8M)	(14.0M)	(13.3M)
Cash	1.7M	9.0M	55.8M	34.8M	14.7M	15.4M
Non Current Assets Total	3.8M	4.3M	15.1M	25.9M	31.0M	32.6M
Non Currrent Assets Other	3.0M	3.5M	3.8M	25.9M	29.8M	31.3M
Cash And Short Term Investments	1.7M	9.0M	55.8M	34.8M	14.7M	15.4M
Property Plant And Equipment Net	3.8M	4.3M	15.1M	25.2M	4.4M	5.2M
Accounts Payable	222.6K	720.1K	8.9M	3.4M	3.9M	4.0M
Other Stockholder Equity	6.7M	1.0M	8.1M	20.0M	23.0M	24.2M
Accumulated Other Comprehensive Income	6.8M	8.1M	14.3M	20.0M	22.4M	23.5M
Net Tangible Assets	4.5M	5.3M	12.6M	56.3M	64.8M	68.0M
Property Plant Equipment	3.5M	3.8M	4.3M	25.2M	29.0M	30.4M
Net Invested Capital	5.3M	12.7M	62.2M	56.3M	64.8M	68.0M
Net Working Capital	1.5M	8.4M	47.6M	31.4M	36.1M	37.9M
Capital Stock	32.0M	42.0M	107.6M	157.6M	181.3M	190.3M

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 Rock Stock Analysis

When running Rock Tech's price analysis, check to measure Rock Tech'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 Rock Tech is operating at the current time. Most of Rock Tech's value examination focuses on studying past and present price action to predict the probability of Rock Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rock Tech's price. Additionally, you may evaluate how the addition of Rock Tech 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