Integra Ebit vs Depreciation And Amortization Analysis
ITRG Stock | USD 0.84 0.08 8.70% |
Integra Resources financial indicator trend analysis is infinitely more than just investigating Integra Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integra Resources Corp is a good investment. Please check the relationship between Integra Resources Ebit and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Ebit vs Depreciation And Amortization
Ebit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Integra Resources Corp Ebit account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Integra Resources' Ebit and Depreciation And Amortization is -0.48. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Integra Resources Corp, assuming nothing else is changed. The correlation between historical values of Integra Resources' Ebit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Integra Resources Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebit i.e., Integra Resources' Ebit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ebit
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Integra Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integra Resources Corp 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 Integra Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Integra Resources' Selling General Administrative is most likely to increase significantly in the upcoming years. The Integra Resources' current Enterprise Value is estimated to increase to about 99.6 M, while Issuance Of Capital Stock is projected to decrease to roughly 16.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Research Development | 303.0K | 286.8K | 401.6K | 321.0K | Cost Of Revenue | 928.0K | 968.6K | 1.0M | 763.0K |
Integra Resources fundamental ratios Correlations
Click cells to compare fundamentals
Integra Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Integra Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 74.8M | 89.1M | 75.2M | 61.4M | 82.4M | 86.5M | |
Other Current Liab | 2.6M | 3.1M | 3.5M | 2.8M | 3.1M | 1.6M | |
Total Current Liabilities | 3.4M | 5.7M | 5.7M | 15.4M | 16.7M | 17.5M | |
Total Stockholder Equity | 38.7M | 41.8M | 29.1M | 21.3M | 40.5M | 42.5M | |
Property Plant And Equipment Net | 48.8M | 59.2M | 59.9M | 43.8M | 71.4M | 41.4M | |
Net Debt | (23.2M) | (27.6M) | (12.9M) | (4.6M) | 3.1M | 3.2M | |
Retained Earnings | (43.9M) | (66.3M) | (100.3M) | (120.1M) | (149.1M) | (141.6M) | |
Cash | 24.0M | 29.0M | 14.3M | 15.9M | 8.8M | 7.7M | |
Non Current Assets Total | 50.3M | 59.4M | 60.1M | 44.4M | 72.5M | 76.1M | |
Non Currrent Assets Other | 5.3K | 23.6K | 33.5K | 539.9K | 870.5K | 933.3K | |
Cash And Short Term Investments | 24.0M | 29.0M | 14.3M | 15.9M | 8.8M | 7.7M | |
Net Receivables | 85.4K | 56.8K | 85.0K | 98.1K | 153.5K | 161.2K | |
Common Stock Shares Outstanding | 13.5M | 19.9M | 22.8M | 69.5M | 68.9M | 72.3M | |
Liabilities And Stockholders Equity | 74.8M | 89.1M | 75.2M | 61.4M | 82.4M | 86.5M | |
Non Current Liabilities Total | 32.7M | 41.6M | 40.4M | 24.7M | 25.2M | 21.6M | |
Inventory | (3.4K) | (573.0) | 927.0 | 4.6K | 4.1K | 2.3K | |
Other Current Assets | 460.9K | 631.1K | 683.4K | 976.2K | 894.1K | 938.8K | |
Total Liab | 36.1M | 47.3M | 46.1M | 40.1M | 41.9M | 44.0M | |
Property Plant And Equipment Gross | 63.7M | 75.5M | 60.8M | 45.3M | 73.5M | 48.5M | |
Total Current Assets | 24.5M | 29.7M | 15.1M | 17.0M | 9.9M | 8.0M | |
Accumulated Other Comprehensive Income | 3.3M | 5.0M | 7.3M | 16.3M | 12.7M | 13.3M | |
Accounts Payable | 580.6K | 2.1M | 1.5M | 2.1M | 2.4M | 2.5M | |
Common Stock | 79.3M | 103.0M | 122.0M | 125.1M | 176.9M | 185.8M | |
Net Tangible Assets | 50.6M | 53.3M | 29.1M | 21.3M | 24.5M | 33.0M | |
Short Long Term Debt Total | 782.9K | 1.4M | 1.4M | 11.3M | 11.9M | 12.5M | |
Other Liab | 42.0M | 51.9M | 39.6M | 23.9M | 21.5M | 32.5M | |
Net Invested Capital | 50.6M | 53.9M | 29.7M | 31.8M | 51.3M | 44.4M | |
Net Working Capital | 27.6M | 30.6M | 9.4M | 1.6M | (6.8M) | (6.5M) | |
Property Plant Equipment | 63.7M | 75.5M | 59.9M | 43.8M | 39.5M | 48.3M | |
Capital Lease Obligations | 1.0M | 1.2M | 840.7K | 854.3K | 1.1M | 804.2K | |
Capital Stock | 79.3M | 103.0M | 122.0M | 125.1M | 176.9M | 119.5M | |
Short Term Debt | 234.0K | 501.3K | 663.3K | 10.5M | 11.1M | 11.7M |
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When determining whether Integra Resources Corp is a strong investment it is important to analyze Integra Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Integra Resources' future performance. For an informed investment choice regarding Integra Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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When running Integra Resources' price analysis, check to measure Integra 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 Integra Resources is operating at the current time. Most of Integra Resources' value examination focuses on studying past and present price action to predict the probability of Integra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Integra Resources' price. Additionally, you may evaluate how the addition of Integra Resources to your portfolios can decrease your overall portfolio volatility.
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Is Integra Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Integra Resources. If investors know Integra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Integra Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.52) | Return On Assets (0.24) | Return On Equity (0.94) |
The market value of Integra Resources Corp is measured differently than its book value, which is the value of Integra that is recorded on the company's balance sheet. Investors also form their own opinion of Integra Resources' value that differs from its market value or its book value, called intrinsic value, which is Integra Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Integra Resources' market value can be influenced by many factors that don't directly affect Integra Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Integra Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Integra Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integra Resources' 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.