Yangarra Net Income From Continuing Ops vs Operating Income Analysis

YGR Stock

CAD 1.04 0.01 0.97%

Yangarra Resources financial indicator trend analysis is more than just analyzing Yangarra Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yangarra Resources is a good investment. Please check the relationship between Yangarra Resources Net Income From Continuing Ops and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yangarra Resources. 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.

Net Income From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yangarra Resources Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Yangarra Resources' Net Income From Continuing Ops and Operating Income is 0.98. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Yangarra Resources, assuming nothing else is changed. The correlation between historical values of Yangarra Resources' Net Income From Continuing Ops 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 Net Income From Continuing Ops of Yangarra Resources 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 Net Income From Continuing Ops i.e., Yangarra Resources' Net Income From Continuing Ops and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income From Continuing Ops

Operating Income

Operating Income is the amount of profit realized from Yangarra Resources 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 Yangarra Resources 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 Yangarra Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yangarra Resources 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yangarra Resources. 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.

At this time, Yangarra Resources' Selling General Administrative is very stable compared to the past year. As of the 4th of August 2025, Tax Provision is likely to grow to about 11.1 M, while Issuance Of Capital Stock is likely to drop 0.00.

	2022	2023	2024	2025 (projected)
Total Revenue	223.9M	152.3M	124.7M	63.2M
Depreciation And Amortization	38.0M	40.0M	45.9M	48.2M

Total Revenue Depreciation And Amortization

Yangarra Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Liabilities Total	Property Plant And Equipment Gross	Short Term Debt	Other Current Assets	Short Term Investments	Good Will	Inventory	Common Stock Total Equity
Total Assets		0.12	0.57	0.68	0.42	0.76	-0.86	1.0	0.77	-0.92	0.9	0.91	0.98	0.53	0.93	-0.34	0.73	1.0	0.51	0.98	-0.1	0.2	-0.58	-0.53	0.68	0.83
Total Current Liabilities	0.12		0.25	0.02	0.23	0.12	-0.01	0.11	0.12	-0.09	0.22	0.2	0.02	-0.12	0.27	-0.02	0.01	0.09	-0.26	0.13	0.94	0.32	0.13	0.17	-0.06	0.14
Total Stockholder Equity	0.57	0.25		0.28	0.98	0.32	-0.39	0.57	0.49	-0.54	0.43	0.64	0.56	-0.39	0.45	-0.24	0.32	0.57	-0.41	0.57	0.17	0.1	-0.58	-0.36	0.39	0.62
Net Debt	0.68	0.02	0.28		0.14	0.46	-0.79	0.68	0.09	-0.62	0.65	0.71	0.62	0.48	0.61	-0.49	0.99	0.68	0.46	0.56	-0.13	0.63	-0.52	0.08	0.28	0.78
Retained Earnings	0.42	0.23	0.98	0.14		0.17	-0.27	0.42	0.41	-0.43	0.26	0.47	0.42	-0.54	0.28	-0.2	0.17	0.42	-0.55	0.43	0.2	0.02	-0.55	-0.3	0.35	0.47
Accounts Payable	0.76	0.12	0.32	0.46	0.17		-0.43	0.75	0.55	-0.53	0.91	0.79	0.68	0.52	0.88	-0.19	0.51	0.75	0.49	0.72	-0.2	0.15	-0.39	-0.43	0.33	0.66
Cash	-0.86	-0.01	-0.39	-0.79	-0.27	-0.43		-0.87	-0.57	0.93	-0.71	-0.69	-0.88	-0.57	-0.71	0.36	-0.82	-0.87	-0.55	-0.83	0.1	-0.26	0.55	0.31	-0.67	-0.67
Non Current Assets Total	1.0	0.11	0.57	0.68	0.42	0.75	-0.87		0.77	-0.92	0.9	0.91	0.98	0.53	0.92	-0.34	0.73	1.0	0.5	0.98	-0.1	0.2	-0.58	-0.54	0.68	0.83
Non Currrent Assets Other	0.77	0.12	0.49	0.09	0.41	0.55	-0.57	0.77		-0.78	0.62	0.56	0.81	0.37	0.69	-0.03	0.17	0.77	0.34	0.86	-0.02	-0.3	-0.34	-0.73	0.76	0.44
Cash And Short Term Investments	-0.92	-0.09	-0.54	-0.62	-0.43	-0.53	0.93	-0.92	-0.78		-0.77	-0.72	-0.93	-0.48	-0.78	0.34	-0.66	-0.92	-0.45	-0.93	0.05	-0.1	0.68	0.45	-0.84	-0.7
Net Receivables	0.9	0.22	0.43	0.65	0.26	0.91	-0.71	0.9	0.62	-0.77		0.9	0.83	0.57	0.98	-0.31	0.69	0.89	0.53	0.86	-0.07	0.29	-0.51	-0.38	0.47	0.78
Common Stock Shares Outstanding	0.91	0.2	0.64	0.71	0.47	0.79	-0.69	0.91	0.56	-0.72	0.9		0.84	0.36	0.91	-0.33	0.75	0.91	0.32	0.84	-0.04	0.39	-0.53	-0.39	0.38	0.92
Other Stockholder Equity	0.98	0.02	0.56	0.62	0.42	0.68	-0.88	0.98	0.81	-0.93	0.83	0.84		0.53	0.86	-0.3	0.68	0.98	0.52	0.98	-0.16	0.07	-0.58	-0.63	0.75	0.77
Total Liab	0.53	-0.12	-0.39	0.48	-0.54	0.52	-0.57	0.53	0.37	-0.48	0.57	0.36	0.53		0.58	-0.14	0.49	0.53	0.99	0.52	-0.28	0.12	-0.05	-0.23	0.36	0.3
Total Current Assets	0.93	0.27	0.45	0.61	0.28	0.88	-0.71	0.92	0.69	-0.78	0.98	0.91	0.86	0.58		-0.29	0.66	0.92	0.52	0.89	-0.01	0.31	-0.44	-0.43	0.49	0.79
Other Current Liab	-0.34	-0.02	-0.24	-0.49	-0.2	-0.19	0.36	-0.34	-0.03	0.34	-0.31	-0.33	-0.3	-0.14	-0.29		-0.48	-0.34	-0.13	-0.28	0.04	-0.43	0.48	-0.01	-0.31	-0.51
Short Long Term Debt Total	0.73	0.01	0.32	0.99	0.17	0.51	-0.82	0.73	0.17	-0.66	0.69	0.75	0.68	0.49	0.66	-0.48		0.73	0.48	0.62	-0.14	0.58	-0.54	0.01	0.33	0.82
Property Plant And Equipment Net	1.0	0.09	0.57	0.68	0.42	0.75	-0.87	1.0	0.77	-0.92	0.89	0.91	0.98	0.53	0.92	-0.34	0.73		0.5	0.98	-0.12	0.19	-0.58	-0.54	0.68	0.83
Non Current Liabilities Total	0.51	-0.26	-0.41	0.46	-0.55	0.49	-0.55	0.5	0.34	-0.45	0.53	0.32	0.52	0.99	0.52	-0.13	0.48	0.5		0.49	-0.41	0.07	-0.07	-0.26	0.36	0.27
Property Plant And Equipment Gross	0.98	0.13	0.57	0.56	0.43	0.72	-0.83	0.98	0.86	-0.93	0.86	0.84	0.98	0.52	0.89	-0.28	0.62	0.98	0.49		-0.07	0.08	-0.54	-0.6	0.75	0.75
Short Term Debt	-0.1	0.94	0.17	-0.13	0.2	-0.2	0.1	-0.1	-0.02	0.05	-0.07	-0.04	-0.16	-0.28	-0.01	0.04	-0.14	-0.12	-0.41	-0.07		0.23	0.24	0.25	-0.12	-0.05
Other Current Assets	0.2	0.32	0.1	0.63	0.02	0.15	-0.26	0.2	-0.3	-0.1	0.29	0.39	0.07	0.12	0.31	-0.43	0.58	0.19	0.07	0.08	0.23		-0.11	0.55	-0.18	0.44
Short Term Investments	-0.58	0.13	-0.58	-0.52	-0.55	-0.39	0.55	-0.58	-0.34	0.68	-0.51	-0.53	-0.58	-0.05	-0.44	0.48	-0.54	-0.58	-0.07	-0.54	0.24	-0.11		0.2	-0.68	-0.65
Good Will	-0.53	0.17	-0.36	0.08	-0.3	-0.43	0.31	-0.54	-0.73	0.45	-0.38	-0.39	-0.63	-0.23	-0.43	-0.01	0.01	-0.54	-0.26	-0.6	0.25	0.55	0.2		-0.5	-0.22
Inventory	0.68	-0.06	0.39	0.28	0.35	0.33	-0.67	0.68	0.76	-0.84	0.47	0.38	0.75	0.36	0.49	-0.31	0.33	0.68	0.36	0.75	-0.12	-0.18	-0.68	-0.5		0.42
Common Stock Total Equity	0.83	0.14	0.62	0.78	0.47	0.66	-0.67	0.83	0.44	-0.7	0.78	0.92	0.77	0.3	0.79	-0.51	0.82	0.83	0.27	0.75	-0.05	0.44	-0.65	-0.22	0.42

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Yangarra Resources Account Relationship Matchups

Yangarra Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	610.0M	683.5M	768.1M	835.2M	860.4M	903.4M
Total Current Liabilities	24.7M	36.5M	177.7M	40.3M	29.3M	38.9M
Total Stockholder Equity	312.3M	365.0M	473.6M	536.6M	569.6M	598.1M
Net Debt	210.5M	204.9M	142.5M	123.4M	115.8M	66.6M
Retained Earnings	108.7M	158.7M	265.1M	311.7M	338.0M	354.9M
Accounts Payable	20.9M	33.9M	35.7M	36.6M	42.1M	44.2M
Cash	(57K)	(5.2M)	(5.1M)	(4.7M)	(4.3M)	(4.0M)
Non Current Assets Total	585.2M	650.7M	727.3M	795.6M	822.2M	863.3M
Cash And Short Term Investments	(5.1M)	(4.7M)	(8.8M)	(8.9M)	(8.0M)	(7.6M)
Net Receivables	18.7M	27.5M	32.0M	30.1M	28.9M	30.3M
Common Stock Shares Outstanding	85.8M	89.4M	92.1M	98.4M	98.7M	103.7M
Liabilities And Stockholders Equity	610.0M	683.5M	768.1M	835.2M	860.4M	903.4M
Other Stockholder Equity	27.2M	28.1M	28.8M	32.2M	37.0M	38.8M
Total Liab	297.7M	318.5M	294.5M	298.6M	290.8M	305.3M
Total Current Assets	24.7M	32.7M	40.8M	39.6M	38.2M	40.1M
Other Current Liab	(268K)	(2.2M)	488K	1.5M	2.3M	1.6M
Short Long Term Debt Total	205.4M	200.1M	142.5M	123.4M	142.0M	75.3M
Property Plant And Equipment Net	585.2M	650.3M	701.0M	795.6M	822.2M	863.3M
Non Current Liabilities Total	273.0M	282.0M	116.8M	258.3M	261.5M	274.5M
Property Plant And Equipment Gross	585.2M	900.9M	1.0B	1.1B	1.2B	1.2B
Short Term Debt	0.0	3.2M	4.2M	4.7M	141.5M	2.2M
Other Current Assets	11.1M	10.2M	8.8M	9.5M	93K	88.4K
Inventory	5.1M	5.0M	8.8M	8.9M	9.2M	9.7M
Other Liab	66.9M	66.9M	84.1M	115.8M	133.1M	139.8M
Net Tangible Assets	303.6M	312.3M	365.0M	473.6M	544.6M	275.7M
Long Term Debt	200.3M	195.4M	1.0M	121.0M	115.8M	96.5M
Property Plant Equipment	585.2M	650.3M	727.3M	795.6M	822.2M	539.2M
Capital Surpluse	27.2M	28.1M	28.8M	32.2M	34.7M	25.7M
Long Term Debt Total	203.3M	197.8M	1.0M	121.2M	117.0M	128.8M
Non Current Liabilities Other	35K	589K	1.0M	953K	969K	1.0M
Net Invested Capital	512.5M	560.4M	474.6M	657.6M	685.4M	559.2M

Pair Trading with Yangarra Resources

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 Yangarra Resources 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 Yangarra Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Yangarra Stock

0.82	ENB-PFV	Enbridge Pref 5	Pair Corr
0.91	ENB-PFC	Enbridge Pref 11	Pair Corr
0.9	ENB-PFU	Enbridge Pref L	Pair Corr

Moving against Yangarra Stock

0.8

ENS-PA

E Split Corp

Pair Corr

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

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

Other Information on Investing in Yangarra Stock

Balance Sheet is a snapshot of the financial position of Yangarra Resources at a specified time, usually calculated after every quarter, six months, or one year. Yangarra Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yangarra Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Yangarra currently owns. An asset can also be divided into two categories, current and non-current.

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Yangarra Net Income From Continuing Ops vs Operating Income Analysis

Net Income From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Operating Income

Yangarra Resources fundamental ratios Correlations

Yangarra Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Yangarra Resources fundamental ratios Accounts

Pair Trading with Yangarra Resources

Moving together with Yangarra Stock

Moving against Yangarra Stock

Other Information on Investing in Yangarra Stock

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Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Short Long Term Debt Total	+ 0.99	Net Debt
Non Current Liabilities Total	+ 0.99	Total Liab
Other Stockholder Equity	+ 0.98	Total Assets

Property Plant And Equipment Gross	- 0.93	Cash And Short Term Investments
Other Stockholder Equity	- 0.93	Cash And Short Term Investments
Property Plant And Equipment Net	- 0.92	Cash And Short Term Investments
Cash And Short Term Investments	- 0.92	Non Current Assets Total
Cash And Short Term Investments	- 0.92	Total Assets
Other Stockholder Equity	- 0.88	Cash