CKX Interest Expense vs Operating Income Analysis

CKX Stock

USD 14.44 0.54 3.88%

CKX Lands financial indicator trend analysis is way more than just evaluating CKX Lands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CKX Lands is a good investment. Please check the relationship between CKX Lands Interest Expense and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CKX Lands Interest Expense account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between CKX Lands' Interest Expense and Operating Income is -0.27. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of CKX Lands, assuming nothing else is changed. The correlation between historical values of CKX Lands' Interest Expense and Operating 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 Interest Expense of CKX Lands are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., CKX Lands' Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from CKX Lands 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 CKX Lands 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.

Most indicators from CKX Lands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CKX Lands 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.At this time, CKX Lands' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 146.2 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (738.17).

	2021	2022	2023	2024 (projected)
Gross Profit	689.1K	1.0M	1.4M	1.3M
Total Revenue	744.5K	1.1M	1.5M	1.4M

Gross Profit Total Revenue

CKX Lands fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Non Current Liabilities Total
Total Assets		0.87	-0.61	0.05	1.0	0.91	-0.52	0.97	0.42	0.49	0.87	0.25	0.72	-0.15	-0.63	0.0	0.29	-0.19	-0.08	0.24	0.22	0.91	0.7	-0.16	-0.22	-0.58
Short Long Term Debt Total	0.87		-0.49	-0.31	0.88	0.74	-0.38	0.91	0.3	0.34	0.7	-0.15	0.56	0.22	-0.28	0.08	0.33	-0.3	0.13	-0.08	-0.05	0.74	0.57	-0.27	0.08	-0.79
Other Current Liab	-0.61	-0.49		-0.03	-0.61	-0.44	0.56	-0.5	-0.33	-0.57	-0.47	-0.1	-0.77	-0.13	0.52	0.43	-0.23	0.02	0.52	-0.22	0.17	-0.45	-0.77	-0.46	0.17	0.09
Total Current Liabilities	0.05	-0.31	-0.03		0.04	0.14	-0.19	-0.14	0.25	0.2	0.12	0.48	0.04	-0.45	-0.47	0.12	-0.35	0.49	-0.61	0.16	0.71	0.15	0.03	0.4	-0.13	0.57
Total Stockholder Equity	1.0	0.88	-0.61	0.04		0.91	-0.52	0.97	0.41	0.49	0.87	0.23	0.72	-0.13	-0.61	0.01	0.29	-0.19	-0.07	0.23	0.2	0.91	0.7	-0.17	-0.22	-0.59
Property Plant And Equipment Net	0.91	0.74	-0.44	0.14	0.91		-0.24	0.9	0.58	0.22	0.98	0.42	0.48	-0.33	-0.73	0.01	0.4	-0.26	0.03	0.25	0.43	1.0	0.45	-0.27	-0.24	-0.54
Net Debt	-0.52	-0.38	0.56	-0.19	-0.52	-0.24		-0.45	0.0	-1.0	-0.16	0.09	-0.87	-0.21	0.24	0.33	0.48	-0.42	0.55	-0.07	0.02	-0.25	-0.88	-0.27	0.03	0.15
Retained Earnings	0.97	0.91	-0.5	-0.14	0.97	0.9	-0.45		0.41	0.42	0.86	0.16	0.68	-0.08	-0.53	-0.04	0.35	-0.28	0.08	0.2	0.16	0.9	0.66	-0.31	-0.19	-0.73
Accounts Payable	0.42	0.3	-0.33	0.25	0.41	0.58	0.0	0.41		0.02	0.64	0.34	0.25	-0.21	-0.63	-0.35	0.43	-0.01	-0.36	0.19	0.52	0.57	0.25	0.21	-0.18	-0.09
Cash	0.49	0.34	-0.57	0.2	0.49	0.22	-1.0	0.42	0.02		0.14	-0.08	0.87	0.21	-0.25	-0.4	-0.47	0.43	-0.59	0.07	-0.02	0.23	0.88	0.31	-0.04	-0.11
Non Current Assets Total	0.87	0.7	-0.47	0.12	0.87	0.98	-0.16	0.86	0.64	0.14		0.48	0.44	-0.38	-0.78	-0.06	0.49	-0.31	0.02	0.24	0.44	0.98	0.41	-0.21	-0.23	-0.49
Non Currrent Assets Other	0.25	-0.15	-0.1	0.48	0.23	0.42	0.09	0.16	0.34	-0.08	0.48		0.07	-0.91	-0.68	-0.06	0.26	-0.13	-0.15	0.54	0.61	0.42	0.02	0.08	-0.53	0.32
Cash And Short Term Investments	0.72	0.56	-0.77	0.04	0.72	0.48	-0.87	0.68	0.25	0.87	0.44	0.07		0.08	-0.49	-0.49	0.02	0.06	-0.51	0.29	0.0	0.48	1.0	0.29	-0.26	-0.25
Net Receivables	-0.15	0.22	-0.13	-0.45	-0.13	-0.33	-0.21	-0.08	-0.21	0.21	-0.38	-0.91	0.08		0.61	-0.12	-0.24	0.23	-0.02	-0.56	-0.65	-0.33	0.14	0.03	0.57	-0.35
Common Stock Total Equity	-0.63	-0.28	0.52	-0.47	-0.61	-0.73	0.24	-0.53	-0.63	-0.25	-0.78	-0.68	-0.49	0.61		0.32	-0.36	0.13	0.41	-0.39	-0.65	-0.73	-0.46	-0.26	0.37	-0.07
Common Stock Shares Outstanding	0.0	0.08	0.43	0.12	0.01	0.01	0.33	-0.04	-0.35	-0.4	-0.06	-0.06	-0.49	-0.12	0.32		-0.12	-0.05	0.47	-0.06	0.0	0.01	-0.5	-0.46	0.03	-0.1
Short Term Investments	0.29	0.33	-0.23	-0.35	0.29	0.4	0.48	0.35	0.43	-0.47	0.49	0.26	0.02	-0.24	-0.36	-0.12		-0.74	0.27	0.29	0.03	0.4	0.0	-0.09	-0.3	-0.23
Inventory	-0.19	-0.3	0.02	0.49	-0.19	-0.26	-0.42	-0.28	-0.01	0.43	-0.31	-0.13	0.06	0.23	0.13	-0.05	-0.74		-0.56	-0.27	0.07	-0.26	0.09	0.2	0.29	0.29
Other Current Assets	-0.08	0.13	0.52	-0.61	-0.07	0.03	0.55	0.08	-0.36	-0.59	0.02	-0.15	-0.51	-0.02	0.41	0.47	0.27	-0.56		-0.08	-0.3	0.03	-0.52	-0.85	0.03	-0.55
Other Stockholder Equity	0.24	-0.08	-0.22	0.16	0.23	0.25	-0.07	0.2	0.19	0.07	0.24	0.54	0.29	-0.56	-0.39	-0.06	0.29	-0.27	-0.08		0.14	0.25	0.22	0.09	-1.0	0.19
Total Liab	0.22	-0.05	0.17	0.71	0.2	0.43	0.02	0.16	0.52	-0.02	0.44	0.61	0.0	-0.65	-0.65	0.0	0.03	0.07	-0.3	0.14		0.43	-0.02	0.14	-0.14	0.27
Property Plant And Equipment Gross	0.91	0.74	-0.45	0.15	0.91	1.0	-0.25	0.9	0.57	0.23	0.98	0.42	0.48	-0.33	-0.73	0.01	0.4	-0.26	0.03	0.25	0.43		0.46	-0.26	-0.24	-0.54
Total Current Assets	0.7	0.57	-0.77	0.03	0.7	0.45	-0.88	0.66	0.25	0.88	0.41	0.02	1.0	0.14	-0.46	-0.5	0.0	0.09	-0.52	0.22	-0.02	0.46		0.31	-0.19	-0.26
Short Term Debt	-0.16	-0.27	-0.46	0.4	-0.17	-0.27	-0.27	-0.31	0.21	0.31	-0.21	0.08	0.29	0.03	-0.26	-0.46	-0.09	0.2	-0.85	0.09	0.14	-0.26	0.31		-0.05	0.71
Common Stock	-0.22	0.08	0.17	-0.13	-0.22	-0.24	0.03	-0.19	-0.18	-0.04	-0.23	-0.53	-0.26	0.57	0.37	0.03	-0.3	0.29	0.03	-1.0	-0.14	-0.24	-0.19	-0.05		-0.17
Non Current Liabilities Total	-0.58	-0.79	0.09	0.57	-0.59	-0.54	0.15	-0.73	-0.09	-0.11	-0.49	0.32	-0.25	-0.35	-0.07	-0.1	-0.23	0.29	-0.55	0.19	0.27	-0.54	-0.26	0.71	-0.17

Click cells to compare fundamentals

CKX Lands Account Relationship Matchups

CKX Lands fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.9M	16.3M	17.1M	17.7M	18.8M	11.8M
Other Current Liab	62.3K	110.8K	111.1K	(229.6K)	(184.8K)	(175.5K)
Total Current Liabilities	227.4K	342.2K	261.2K	267.2K	495.3K	258.0K
Total Stockholder Equity	15.4M	15.8M	16.6M	17.4M	18.3M	11.2M
Property Plant And Equipment Net	9.2M	9.2M	9.1M	9.1M	9.1M	6.2M
Net Debt	(3.3M)	(6.5M)	(7.4M)	(7.1M)	(7.5M)	(7.2M)
Retained Earnings	15.4M	15.7M	16.5M	15.2M	15.4M	11.2M
Accounts Payable	62.3K	110.8K	111.1K	37.6K	159.2K	167.1K
Cash	3.3M	6.5M	7.4M	7.1M	7.5M	7.9M
Non Current Assets Total	9.2M	9.2M	9.1M	9.4M	9.4M	7.2M
Cash And Short Term Investments	6.5M	7.0M	7.9M	8.2M	9.1M	9.5M
Net Receivables	102.8K	98.5K	50.7K	126.4K	104.7K	140.1K
Short Term Investments	3.2M	502.6K	502.8K	1.0M	1.5M	1.8M
Liabilities And Stockholders Equity	15.9M	16.3M	17.1M	17.7M	18.8M	11.8M
Inventory	(244.8K)	(3.2M)	(502.6K)	(502.8K)	(452.5K)	(475.2K)
Other Current Assets	3.2M	511.3K	538.2K	28.7K	(9.2M)	(8.7M)
Other Stockholder Equity	74.6K	76.4K	0.0	2.1M	2.9M	3.0M
Total Liab	415.1K	529.9K	448.9K	267.2K	495.3K	399.7K
Property Plant And Equipment Gross	9.2M	9.2M	9.1M	9.2M	9.2M	6.2M
Total Current Assets	6.6M	7.1M	8.0M	8.3M	9.4M	9.9M
Short Term Debt	(62.3K)	(110.8K)	(111.1K)	(37.6K)	336.2K	353.0K
Property Plant Equipment	9.2M	9.2M	9.1M	9.1M	10.4M	6.4M
Net Tangible Assets	15.2M	15.4M	15.8M	16.6M	19.1M	15.5M
Retained Earnings Total Equity	14.3M	15.1M	15.4M	15.7M	18.1M	15.3M
Net Invested Capital	15.4M	15.8M	16.6M	17.4M	18.3M	17.8M
Net Working Capital	6.4M	6.7M	7.7M	8.0M	8.9M	7.5M
Current Deferred Revenue	165.2K	231.4K	150.1K	229.6K	184.8K	196.9K

Pair Trading with CKX Lands

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 CKX Lands 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 CKX Lands will appreciate offsetting losses from the drop in the long position's value.

Moving against CKX Stock

0.57	ARL	American Realty Investors	Pair Corr
0.55	DOUG	Douglas Elliman Financial Report 9th of May 2024	Pair Corr
0.52	FSV	FirstService Corp	Pair Corr
0.5	ZG	Zillow Group Financial Report 1st of May 2024	Pair Corr
0.46	FTHM	Fathom HoldingsInc Financial Report 8th of May 2024	Pair Corr

The ability to find closely correlated positions to CKX Lands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CKX Lands 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 CKX Lands - 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 CKX Lands to buy it.

The correlation of CKX Lands 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 CKX Lands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CKX Lands 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 CKX Lands 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

When determining whether CKX Lands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CKX Lands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ckx Lands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ckx Lands Stock:

How To Invest In CKX

Details

Is CKX Stock a good investment?

Details

What is CKX Lands' Net Worth?

Details

Largest Real Estate Management & Development Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for CKX Stock analysis

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

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Is CKX Lands' 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 CKX Lands. If investors know CKX 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 CKX Lands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.99)

Earnings Share

0.07

Revenue Per Share

0.752

Quarterly Revenue Growth

1.439

Return On Assets

(0)

The market value of CKX Lands is measured differently than its book value, which is the value of CKX that is recorded on the company's balance sheet. Investors also form their own opinion of CKX Lands' value that differs from its market value or its book value, called intrinsic value, which is CKX Lands' 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 CKX Lands' market value can be influenced by many factors that don't directly affect CKX Lands' 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 CKX Lands' value and its price as these two are different measures arrived at by different means. Investors typically determine if CKX Lands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CKX Lands' 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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CKX Interest Expense vs Operating Income Analysis

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

Correlation Coefficient

Interest Expense

Operating Income

CKX Lands fundamental ratios Correlations

CKX Lands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CKX Lands fundamental ratios Accounts

Pair Trading with CKX Lands

Moving against CKX Stock

Complementary Tools for CKX Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.98	Non Current Assets Total
Retained Earnings	+ 0.97	Total Assets

Common Stock	- 1.0	Other Stockholder Equity
Cash	- 1.0	Net Debt
Net Receivables	- 0.91	Non Currrent Assets Other
Total Current Assets	- 0.88	Net Debt
Cash And Short Term Investments	- 0.87	Net Debt
Short Term Debt	- 0.85	Other Current Assets