Saville Operating Income vs Total Operating Expenses Analysis

SRE Stock  CAD 0.40  0.00  0.00%   
Saville Resources financial indicator trend analysis is much more than just breaking down Saville Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saville Resources is a good investment. Please check the relationship between Saville Resources Operating Income and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saville 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.

Operating Income vs Total Operating Expenses

Operating Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saville Resources Operating Income account and Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Saville Resources' Operating Income and Total Operating Expenses is -1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Saville Resources, assuming nothing else is changed. The correlation between historical values of Saville Resources' Operating Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Saville Resources are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., Saville Resources' Operating Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Operating Income

Operating Income is the amount of profit realized from Saville Resources 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 Saville Resources 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Saville Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saville 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Saville 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 climb to about 324.2 K in 2024, whereas Tax Provision is likely to drop (92.7 K) in 2024.

Saville Resources fundamental ratios Correlations

0.150.990.76-0.240.170.64-0.010.550.650.640.460.610.970.980.990.66-0.510.150.650.20.27-0.140.27
0.150.030.48-0.520.87-0.17-0.170.77-0.140.540.60.490.220.10.1-0.24-0.370.63-0.180.57-0.35-0.55-0.35
0.990.030.71-0.150.050.670.020.430.70.570.360.540.940.970.990.72-0.440.040.660.080.35-0.020.35
0.760.480.71-0.740.510.56-0.090.650.520.970.850.910.720.740.740.48-0.820.680.10.63-0.25-0.61-0.25
-0.24-0.52-0.15-0.74-0.69-0.250.25-0.56-0.07-0.83-0.94-0.87-0.26-0.27-0.22-0.040.89-0.90.38-0.890.80.90.8
0.170.870.050.51-0.69-0.23-0.060.71-0.070.560.750.620.230.10.11-0.2-0.470.64-0.280.69-0.62-0.68-0.62
0.64-0.170.670.56-0.25-0.23-0.10.130.740.50.260.420.510.680.670.78-0.460.180.30.10.13-0.110.13
-0.01-0.170.02-0.090.25-0.06-0.1-0.220.25-0.18-0.21-0.2-0.1-0.13-0.09-0.030.29-0.230.0-0.230.140.220.14
0.550.770.430.65-0.560.710.13-0.22-0.040.680.740.610.670.540.51-0.08-0.610.670.340.74-0.21-0.68-0.21
0.65-0.140.70.52-0.07-0.070.740.25-0.040.380.110.30.430.570.660.94-0.13-0.090.2-0.150.220.140.22
0.640.540.570.97-0.830.560.5-0.180.680.380.890.920.630.650.630.36-0.890.790.00.72-0.36-0.7-0.36
0.460.60.360.85-0.940.750.26-0.210.740.110.890.930.510.460.430.07-0.910.88-0.140.9-0.66-0.9-0.66
0.610.490.540.91-0.870.620.42-0.20.610.30.920.930.620.620.590.29-0.930.71-0.10.7-0.5-0.69-0.5
0.970.220.940.72-0.260.230.51-0.10.670.430.630.510.620.970.950.46-0.560.20.710.290.25-0.210.25
0.980.10.970.74-0.270.10.68-0.130.540.570.650.460.620.970.980.62-0.580.170.670.220.28-0.150.28
0.990.10.990.74-0.220.110.67-0.090.510.660.630.430.590.950.980.7-0.50.120.660.160.3-0.10.3
0.66-0.240.720.48-0.04-0.20.78-0.03-0.080.940.360.070.290.460.620.7-0.16-0.150.27-0.20.290.20.29
-0.51-0.37-0.44-0.820.89-0.47-0.460.29-0.61-0.13-0.89-0.91-0.93-0.56-0.58-0.5-0.16-0.80.04-0.790.520.780.52
0.150.630.040.68-0.90.640.18-0.230.67-0.090.790.880.710.20.170.12-0.15-0.8-0.290.94-0.69-0.95-0.69
0.65-0.180.660.10.38-0.280.30.00.340.20.0-0.14-0.10.710.670.660.270.04-0.29-0.160.710.250.71
0.20.570.080.63-0.890.690.1-0.230.74-0.150.720.90.70.290.220.16-0.2-0.790.94-0.16-0.74-0.99-0.74
0.27-0.350.35-0.250.8-0.620.130.14-0.210.22-0.36-0.66-0.50.250.280.30.290.52-0.690.71-0.740.791.0
-0.14-0.55-0.02-0.610.9-0.68-0.110.22-0.680.14-0.7-0.9-0.69-0.21-0.15-0.10.20.78-0.950.25-0.990.790.79
0.27-0.350.35-0.250.8-0.620.130.14-0.210.22-0.36-0.66-0.50.250.280.30.290.52-0.690.71-0.741.00.79
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Saville Resources Account Relationship Matchups

Saville Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M2.3M3.3M3.2M398.6K378.6K
Total Current Liabilities57.5K173.2K192.3K304.3K435.0K227.9K
Total Stockholder Equity1.8M2.1M2.8M2.5M(36.4K)(34.6K)
Net Tangible Assets1.8M2.1M2.8M2.5M2.9M1.5M
Retained Earnings(8.8M)(9.2M)(9.5M)(9.7M)(12.3M)(12.9M)
Accounts Payable57.5K79.4K113.4K304.3K350.0K367.5K
Cash133.4K488.3K522.7K56.1K54.5K51.8K
Net Receivables3.0K2.8K3.0K687.0618.3587.39
Total Liab77.2K203.8K468.3K673.3K435.0K297.4K
Total Current Assets268.1K724.8K595.3K110.9K72.5K68.9K
Property Plant Equipment1.6M1.6M2.7M3.1M3.5M3.7M
Non Current Assets Total1.6M1.6M2.7M3.1M326.1K309.8K
Net Invested Capital1.8M2.1M3.1M2.9M(36.4K)(34.6K)
Net Working Capital210.6K551.7K403.0K(193.4K)(362.5K)(344.4K)
Short Term Investments126.4K114.7K68.1K52.5K14.4K13.7K

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