International Income Before Tax vs Ebitda Analysis

IFR Stock

CAD 0.06 0.01 7.69%

International Frontier financial indicator trend analysis is infinitely more than just investigating International Frontier recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Frontier is a good investment. Please check the relationship between International Frontier Income Before Tax and its Ebitda accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Frontier Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Frontier Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between International Frontier's Income Before Tax and Ebitda is -0.01. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of International Frontier Resources, assuming nothing else is changed. The correlation between historical values of International Frontier's Income Before Tax and Ebitda 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 International Frontier Resources are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., International Frontier's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Before Tax

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

Ebitda

Most indicators from International Frontier's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Frontier 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Frontier Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to climb to about 827.7 K in 2024, whereas Discontinued Operations is likely to drop (237 K) in 2024.

International Frontier fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Assets	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Long Term Debt	Net Debt
Total Assets		0.02	-0.13	1.0	-0.76	0.99	0.98	-0.69	0.87	-0.87	-0.05	0.53	0.68	-0.88	0.93	-0.92	0.92	-0.91	0.06	0.98	0.91	-0.8	0.83	0.54	-0.24	0.73
Other Current Liab	0.02		0.84	-0.01	0.01	-0.01	0.09	-0.07	-0.09	-0.06	-0.26	0.44	-0.2	-0.18	0.12	0.31	0.2	-0.05	-0.01	0.13	0.06	-0.05	0.05	0.02	-0.02	0.04
Total Current Liabilities	-0.13	0.84		-0.15	0.24	-0.11	-0.07	0.33	-0.24	-0.1	0.14	0.15	-0.07	0.04	-0.14	0.42	0.01	-0.04	-0.12	0.01	0.01	-0.02	0.15	0.02	-0.24	0.02
Total Stockholder Equity	1.0	-0.01	-0.15		-0.75	0.99	0.97	-0.66	0.89	-0.87	-0.03	0.47	0.7	-0.86	0.91	-0.92	0.92	-0.91	0.04	0.98	0.91	-0.79	0.84	0.53	-0.26	0.73
Other Liab	-0.76	0.01	0.24	-0.75		-0.72	-0.75	0.58	-0.54	0.63	0.02	-0.5	-0.44	0.8	-0.69	0.72	-0.69	0.67	-0.54	-0.71	-0.64	0.89	-0.67	-0.67	0.03	-0.71
Net Tangible Assets	0.99	-0.01	-0.11	0.99	-0.72		0.96	-0.65	0.88	-0.87	-0.02	0.43	0.7	-0.86	0.91	-0.91	0.9	-0.91	-0.01	0.96	0.9	-0.78	0.87	0.5	-0.38	0.68
Retained Earnings	0.98	0.09	-0.07	0.97	-0.75	0.96		-0.75	0.8	-0.85	-0.08	0.64	0.59	-0.92	0.97	-0.91	0.91	-0.9	0.04	0.97	0.9	-0.76	0.81	0.53	-0.28	0.67
Accounts Payable	-0.69	-0.07	0.33	-0.66	0.58	-0.65	-0.75		-0.6	0.34	0.63	-0.67	-0.03	0.78	-0.87	0.7	-0.73	0.45	0.01	-0.64	-0.48	0.36	-0.34	-0.18	0.13	-0.27
Cash	0.87	-0.09	-0.24	0.89	-0.54	0.88	0.8	-0.6		-0.76	-0.16	0.22	0.71	-0.67	0.79	-0.83	0.79	-0.79	-0.01	0.86	0.8	-0.61	0.63	0.38	-0.23	0.51
Other Assets	-0.87	-0.06	-0.1	-0.87	0.63	-0.87	-0.85	0.34	-0.76		-0.36	-0.41	-0.89	0.76	-0.75	0.79	-0.7	0.99	-0.09	-0.89	-0.98	0.81	-0.82	-0.56	0.29	-0.67
Net Receivables	-0.05	-0.26	0.14	-0.03	0.02	-0.02	-0.08	0.63	-0.16	-0.36		-0.25	0.57	0.13	-0.25	0.0	-0.32	-0.28	0.02	-0.05	0.24	-0.19	0.2	0.11	-0.09	0.15
Total Liab	0.53	0.44	0.15	0.47	-0.5	0.43	0.64	-0.67	0.22	-0.41	-0.25		0.04	-0.76	0.69	-0.43	0.57	-0.48	0.14	0.57	0.53	-0.41	0.28	0.28	0.14	0.35
Total Current Assets	0.68	-0.2	-0.07	0.7	-0.44	0.7	0.59	-0.03	0.71	-0.89	0.57	0.04		-0.46	0.47	-0.67	0.43	-0.85	0.04	0.68	0.84	-0.65	0.64	0.41	-0.17	0.56
Common Stock	-0.88	-0.18	0.04	-0.86	0.8	-0.86	-0.92	0.78	-0.67	0.76	0.13	-0.76	-0.46		-0.93	0.81	-0.84	0.82	-0.07	-0.88	-0.83	0.76	-0.7	-0.37	0.25	-0.57
Property Plant Equipment	0.93	0.12	-0.14	0.91	-0.69	0.91	0.97	-0.87	0.79	-0.75	-0.25	0.69	0.47	-0.93		-0.88	0.87	-0.82	-0.04	0.91	0.84	-0.63	0.66	0.38	-0.28	0.51
Other Current Assets	-0.92	0.31	0.42	-0.92	0.72	-0.91	-0.91	0.7	-0.83	0.79	0.0	-0.43	-0.67	0.81	-0.88		-0.77	0.85	-0.07	-0.86	-0.85	0.7	-0.7	-0.48	0.25	-0.58
Non Current Assets Total	0.92	0.2	0.01	0.92	-0.69	0.9	0.91	-0.73	0.79	-0.7	-0.32	0.57	0.43	-0.84	0.87	-0.77		-0.75	0.09	0.94	0.75	-0.74	0.8	0.54	-0.2	0.72
Non Currrent Assets Other	-0.91	-0.05	-0.04	-0.91	0.67	-0.91	-0.9	0.45	-0.79	0.99	-0.28	-0.48	-0.85	0.82	-0.82	0.85	-0.75		-0.07	-0.92	-0.99	0.81	-0.82	-0.54	0.3	-0.67
Common Stock Shares Outstanding	0.06	-0.01	-0.12	0.04	-0.54	-0.01	0.04	0.01	-0.01	-0.09	0.02	0.14	0.04	-0.07	-0.04	-0.07	0.09	-0.07		0.06	0.03	-0.5	0.08	0.76	0.44	0.4
Net Invested Capital	0.98	0.13	0.01	0.98	-0.71	0.96	0.97	-0.64	0.86	-0.89	-0.05	0.57	0.68	-0.88	0.91	-0.86	0.94	-0.92	0.06		0.93	-0.81	0.84	0.54	-0.22	0.74
Net Working Capital	0.91	0.06	0.01	0.91	-0.64	0.9	0.9	-0.48	0.8	-0.98	0.24	0.53	0.84	-0.83	0.84	-0.85	0.75	-0.99	0.03	0.93		-0.77	0.76	0.48	-0.23	0.64
Capital Stock	-0.8	-0.05	-0.02	-0.79	0.89	-0.78	-0.76	0.36	-0.61	0.81	-0.19	-0.41	-0.65	0.76	-0.63	0.7	-0.74	0.81	-0.5	-0.81	-0.77		-0.85	-0.77	0.14	-0.84
Property Plant And Equipment Net	0.83	0.05	0.15	0.84	-0.67	0.87	0.81	-0.34	0.63	-0.82	0.2	0.28	0.64	-0.7	0.66	-0.7	0.8	-0.82	0.08	0.84	0.76	-0.85		0.61	-0.45	0.82
Property Plant And Equipment Gross	0.54	0.02	0.02	0.53	-0.67	0.5	0.53	-0.18	0.38	-0.56	0.11	0.28	0.41	-0.37	0.38	-0.48	0.54	-0.54	0.76	0.54	0.48	-0.77	0.61		0.09	0.73
Long Term Debt	-0.24	-0.02	-0.24	-0.26	0.03	-0.38	-0.28	0.13	-0.23	0.29	-0.09	0.14	-0.17	0.25	-0.28	0.25	-0.2	0.3	0.44	-0.22	-0.23	0.14	-0.45	0.09		0.12
Net Debt	0.73	0.04	0.02	0.73	-0.71	0.68	0.67	-0.27	0.51	-0.67	0.15	0.35	0.56	-0.57	0.51	-0.58	0.72	-0.67	0.4	0.74	0.64	-0.84	0.82	0.73	0.12

Click cells to compare fundamentals

International Frontier Account Relationship Matchups

International Frontier fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.1M	2.4M	3.5M	86.0K	97.7K	92.8K
Total Current Liabilities	748.9K	670.3K	306.3K	529.9K	692.6K	529.3K
Total Stockholder Equity	5.3M	1.7M	2.2M	(841.7K)	(648.4K)	(615.9K)
Net Tangible Assets	5.9M	5.3M	1.7M	(841.7K)	(757.5K)	(719.6K)
Retained Earnings	(63.8M)	(68.3M)	(69.2M)	(72.3M)	(72.1M)	(75.7M)
Accounts Payable	347.0K	720.0K	444.9K	377.4K	434.0K	354.2K
Cash	95.1K	44.6K	306.3K	25.5K	17.1K	16.3K
Net Receivables	25.2K	30.2K	12.1K	43.5K	45.5K	43.2K
Total Liab	748.9K	713.7K	1.4M	927.7K	746.0K	869.2K
Total Current Assets	153.0K	99.9K	1.1M	86.0K	97.7K	92.8K
Common Stock	52.9M	54.6M	56.6M	57.3M	65.9M	54.2M
Property Plant Equipment	5.6M	3.9K	3.3K	2.5K	2.3K	2.2K
Non Current Assets Total	7.2M	407.8K	5.9M	2.3M	2.4M	0.0
Common Stock Shares Outstanding	177.4M	173.9M	243.4M	299.1M	15.0M	14.2M
Net Invested Capital	5.3M	1.8M	3.2M	(791.6K)	(594.9K)	(565.2K)
Net Working Capital	(595.9K)	(570.4K)	804.1K	(443.9K)	(594.9K)	(565.2K)

Pair Trading with International Frontier

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Frontier position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Frontier will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to International Frontier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Frontier when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Frontier - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Frontier Resources to buy it.

The correlation of International Frontier is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Frontier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Frontier moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for International Frontier can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Frontier Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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

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Please note, there is a significant difference between International Frontier's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Frontier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Frontier's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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International Income Before Tax vs Ebitda Analysis

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

Correlation Coefficient

Income Before Tax

Ebitda

International Frontier fundamental ratios Correlations

International Frontier Account Relationship Matchups

High Positive Relationship

High Negative Relationship

International Frontier fundamental ratios Accounts

Pair Trading with International Frontier

Complementary Tools for International Stock analysis

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Non Currrent Assets Other	+ 0.99	Other Assets
Retained Earnings	+ 0.98	Total Assets
Net Invested Capital	+ 0.98	Total Assets

Net Working Capital	- 0.99	Non Currrent Assets Other
Net Working Capital	- 0.98	Other Assets
Property Plant Equipment	- 0.93	Common Stock
Net Invested Capital	- 0.92	Non Currrent Assets Other
Common Stock	- 0.92	Retained Earnings
Other Current Assets	- 0.92	Total Stockholder Equity