Slam Income Before Tax vs Net Income From Continuing Ops Analysis

SXL Stock

CAD 0.03 0.00 0.00%

Slam Exploration financial indicator trend analysis is much more than just breaking down Slam Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Slam Exploration is a good investment. Please check the relationship between Slam Exploration Income Before Tax and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slam Exploration. 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 Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Slam Exploration Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.

The correlation between Slam Exploration's Income Before Tax and Net Income From Continuing Ops is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Slam Exploration, assuming nothing else is changed. The correlation between historical values of Slam Exploration's Income Before Tax and Net Income From Continuing Ops 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 Slam Exploration are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Slam Exploration's Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Slam Exploration income statement and is an important metric when analyzing Slam Exploration 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.

Net Income From Continuing Ops

Most indicators from Slam Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Slam Exploration 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 Slam Exploration. 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.

Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 311.3 K in 2024.

Slam Exploration fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.6	0.76	0.96	0.9	-0.52	-0.55	0.7	0.3	0.63	-0.6	0.69	0.76	0.81	-0.69	0.67	0.86	0.77	-0.25	0.39	0.63	-0.63	0.81	0.63	-0.3	0.53
Other Current Liab	0.6		0.72	0.48	0.46	-0.48	-0.4	0.32	0.24	0.45	-0.99	0.16	0.72	0.45	-0.91	0.53	0.5	0.74	-0.17	-0.17	0.64	-0.64	0.42	-0.01	-0.45	0.27
Total Current Liabilities	0.76	0.72		0.56	0.62	-0.74	-0.58	0.5	-0.16	0.72	-0.71	0.47	1.0	0.52	-0.87	0.76	0.76	0.82	-0.31	0.05	0.85	-0.85	0.82	0.18	-0.7	0.54
Total Stockholder Equity	0.96	0.48	0.56		0.89	-0.37	-0.47	0.68	0.44	0.5	-0.47	0.69	0.57	0.81	-0.52	0.55	0.79	0.65	-0.2	0.47	0.46	-0.46	0.7	0.73	-0.1	0.45
Net Tangible Assets	0.9	0.46	0.62	0.89		-0.67	-0.5	0.53	0.21	0.35	-0.48	0.68	0.63	0.64	-0.57	0.79	0.95	0.65	-0.62	0.49	0.51	-0.52	0.84	0.63	-0.43	0.78
Retained Earnings	-0.52	-0.48	-0.74	-0.37	-0.67		0.6	-0.38	0.27	-0.38	0.53	-0.39	-0.74	-0.41	0.7	-0.79	-0.77	-0.64	0.8	0.06	-0.74	0.78	-0.73	-0.06	0.86	-0.9
Accounts Payable	-0.55	-0.4	-0.58	-0.47	-0.5	0.6		-0.38	-0.14	-0.55	0.4	-0.57	-0.58	-0.56	0.57	-0.55	-0.44	-0.83	0.25	0.25	-0.8	0.81	-0.51	0.1	0.65	-0.37
Cash	0.7	0.32	0.5	0.68	0.53	-0.38	-0.38		0.09	0.58	-0.35	0.49	0.52	0.9	-0.42	0.31	0.51	0.43	-0.04	0.14	0.55	-0.56	0.55	0.58	0.02	0.37
Net Receivables	0.3	0.24	-0.16	0.44	0.21	0.27	-0.14	0.09		-0.1	-0.23	0.15	-0.16	0.36	-0.13	-0.13	-0.01	0.29	0.21	-0.08	-0.08	0.09	-0.22	0.09	0.34	-0.23
Short Term Investments	0.63	0.45	0.72	0.5	0.35	-0.38	-0.55	0.58	-0.1		-0.46	0.33	0.73	0.68	-0.61	0.24	0.4	0.64	0.18	-0.1	0.7	-0.71	0.48	0.2	-0.27	0.18
Other Current Assets	-0.6	-0.99	-0.71	-0.47	-0.48	0.53	0.4	-0.35	-0.23	-0.46		-0.11	-0.71	-0.48	0.93	-0.51	-0.53	-0.73	0.23	0.2	-0.64	0.64	-0.41	0.02	0.46	-0.34
Other Stockholder Equity	0.69	0.16	0.47	0.69	0.68	-0.39	-0.57	0.49	0.15	0.33	-0.11		0.47	0.56	-0.28	0.6	0.58	0.55	-0.22	0.36	0.58	-0.55	0.67	0.53	-0.27	0.34
Total Liab	0.76	0.72	1.0	0.57	0.63	-0.74	-0.58	0.52	-0.16	0.73	-0.71	0.47		0.54	-0.86	0.75	0.76	0.82	-0.3	0.05	0.85	-0.85	0.82	0.19	-0.68	0.54
Total Current Assets	0.81	0.45	0.52	0.81	0.64	-0.41	-0.56	0.9	0.36	0.68	-0.48	0.56	0.54		-0.55	0.31	0.54	0.64	-0.03	0.03	0.62	-0.63	0.51	0.5	-0.05	0.36
Intangible Assets	-0.69	-0.91	-0.87	-0.52	-0.57	0.7	0.57	-0.42	-0.13	-0.61	0.93	-0.28	-0.86	-0.55		-0.63	-0.64	-0.87	0.31	0.24	-0.82	0.83	-0.55	0.02	0.62	-0.46
Common Stock	0.67	0.53	0.76	0.55	0.79	-0.79	-0.55	0.31	-0.13	0.24	-0.51	0.6	0.75	0.31	-0.63		0.85	0.69	-0.7	0.29	0.68	-0.67	0.89	0.25	-0.77	0.73
Property Plant Equipment	0.86	0.5	0.76	0.79	0.95	-0.77	-0.44	0.51	-0.01	0.4	-0.53	0.58	0.76	0.54	-0.64	0.85		0.63	-0.67	0.49	0.55	-0.56	0.92	0.58	-0.56	0.85
Short Long Term Debt	0.77	0.74	0.82	0.65	0.65	-0.64	-0.83	0.43	0.29	0.64	-0.73	0.55	0.82	0.64	-0.87	0.69	0.63		-0.25	-0.19	0.88	-0.87	0.61	0.01	-0.63	0.4
Short Term Debt	-0.25	-0.17	-0.31	-0.2	-0.62	0.8	0.25	-0.04	0.21	0.18	0.23	-0.22	-0.3	-0.03	0.31	-0.7	-0.67	-0.25		-0.19	-0.26	0.3	-0.54	-0.11	0.67	-0.91
Non Current Assets Total	0.39	-0.17	0.05	0.47	0.49	0.06	0.25	0.14	-0.08	-0.1	0.2	0.36	0.05	0.03	0.24	0.29	0.49	-0.19	-0.19		-0.28	0.29	0.5	0.84	0.17	0.27
Non Currrent Assets Other	0.63	0.64	0.85	0.46	0.51	-0.74	-0.8	0.55	-0.08	0.7	-0.64	0.58	0.85	0.62	-0.82	0.68	0.55	0.88	-0.26	-0.28		-1.0	0.64	-0.02	-0.69	0.44
Other Assets	-0.63	-0.64	-0.85	-0.46	-0.52	0.78	0.81	-0.56	0.09	-0.71	0.64	-0.55	-0.85	-0.63	0.83	-0.67	-0.56	-0.87	0.3	0.29	-1.0		-0.64	0.03	0.71	-0.48
Common Stock Shares Outstanding	0.81	0.42	0.82	0.7	0.84	-0.73	-0.51	0.55	-0.22	0.48	-0.41	0.67	0.82	0.51	-0.55	0.89	0.92	0.61	-0.54	0.5	0.64	-0.64		0.55	-0.61	0.75
Net Invested Capital	0.63	-0.01	0.18	0.73	0.63	-0.06	0.1	0.58	0.09	0.2	0.02	0.53	0.19	0.5	0.02	0.25	0.58	0.01	-0.11	0.84	-0.02	0.03	0.55		0.29	0.34
Net Working Capital	-0.3	-0.45	-0.7	-0.1	-0.43	0.86	0.65	0.02	0.34	-0.27	0.46	-0.27	-0.68	-0.05	0.62	-0.77	-0.56	-0.63	0.67	0.17	-0.69	0.71	-0.61	0.29		-0.66
Capital Stock	0.53	0.27	0.54	0.45	0.78	-0.9	-0.37	0.37	-0.23	0.18	-0.34	0.34	0.54	0.36	-0.46	0.73	0.85	0.4	-0.91	0.27	0.44	-0.48	0.75	0.34	-0.66

Click cells to compare fundamentals

Slam Exploration Account Relationship Matchups

Slam Exploration fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	308.4K	1.0M	1.8M	1.7M	1.5M	1.0M
Total Current Liabilities	429.7K	421.4K	490.8K	570.3K	554.3K	386.5K
Total Stockholder Equity	(121.3K)	599.7K	1.3M	1.1M	905.0K	657.1K
Net Tangible Assets	376.2K	(121.4K)	599.7K	1.3M	1.5M	1.6M
Retained Earnings	(24.9M)	(24.8M)	(24.8M)	(25.0M)	(25.4M)	(26.7M)
Accounts Payable	38.7K	47.7K	64.5K	54.6K	49.1K	61.8K
Cash	12.3K	237.3K	444.7K	164.1K	78.7K	127.9K
Net Receivables	44.8K	22.7K	82.8K	29.5K	24.3K	23.1K
Short Term Investments	90K	194.2K	167.9K	259.7K	45.0K	42.7K
Other Stockholder Equity	391.6K	265.8K	246.0K	609.6K	701.1K	386.8K
Total Liab	429.7K	445.6K	511.9K	582.1K	556.0K	392.4K
Total Current Assets	147.1K	467.4K	710.6K	497.7K	189.1K	341.6K
Property Plant Equipment	357.0K	161.3K	578.0K	1.1M	1.3M	1.3M
Non Current Assets Total	161.3K	578.0K	1.1M	1.2M	1.3M	851.6K
Net Invested Capital	(121.3K)	624.0K	1.4M	1.2M	905.0K	791.8K
Net Working Capital	(282.6K)	46.0K	219.8K	(72.7K)	(365.3K)	(347.0K)

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 Slam Stock Analysis

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