HYMCW Stock | | | USD 0.01 0 9.42% |
Hycroft Mining financial indicator trend analysis is much more than just examining Hycroft Mining Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hycroft Mining Holding is a good investment. Please check the relationship between Hycroft Mining Operating Income and its Interest Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hycroft Mining Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Operating Income vs Interest Income
Operating Income vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hycroft Mining Holding Operating Income account and
Interest Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Hycroft Mining's Operating Income and Interest Income is 0.08. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of Hycroft Mining Holding, assuming nothing else is changed. The correlation between historical values of Hycroft Mining's Operating Income and Interest 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 Operating Income of Hycroft Mining Holding are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Operating Income i.e., Hycroft Mining's Operating Income and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Hycroft Mining Holding 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 Hycroft Mining Holding 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.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Hycroft Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hycroft Mining Holding 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 Hycroft Mining Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Selling General Administrative is likely to climb to about 14.1
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.2
M).
Hycroft Mining fundamental ratios Correlations
Click cells to compare fundamentals
Hycroft Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hycroft Mining fundamental ratios Accounts
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