North Ebit vs Cost Of Revenue Analysis

002246 Stock

12.38 0.18 1.48%

North Chemical financial indicator trend analysis is infinitely more than just investigating North Chemical Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Chemical Industries is a good investment. Please check the relationship between North Chemical Ebit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in North Chemical Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Ebit vs Cost Of Revenue

Ebit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Chemical Industries Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between North Chemical's Ebit and Cost Of Revenue is -0.04. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of North Chemical Industries, assuming nothing else is changed. The correlation between historical values of North Chemical's Ebit and Cost Of Revenue 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 North Chemical Industries are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit i.e., North Chemical's Ebit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ebit

Cost Of Revenue

Cost of Revenue is found on North Chemical Industries income statement and represents the costs associated with goods and services North Chemical provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from North Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Chemical Industries 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 North Chemical Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 148.5 M, whereas Tax Provision is projected to grow to (3.5 M).

	2021	2022	2023	2024 (projected)
Operating Income	130.7M	46.9M	27.2M	25.8M
Total Revenue	2.6B	2.6B	2.2B	1.8B

Operating Income Total Revenue

North Chemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Intangible Assets	Good Will	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Total Current Assets	Non Current Assets Total	Long Term Debt	Non Current Liabilities Total	Deferred Long Term Liab	Short Long Term Debt
Total Assets		0.72	0.89	1.0	0.71	0.89	0.95	0.81	0.82	0.65	0.87	0.06	0.91	0.93	0.81	0.92	0.88	0.92	0.66	0.28	0.92	0.91	0.63	0.77	0.61	0.93
Other Current Liab	0.72		0.73	0.69	0.64	0.67	0.7	0.64	0.82	0.31	0.61	0.17	0.72	0.55	0.48	0.6	0.57	0.65	0.36	0.35	0.75	0.64	0.61	0.78	0.77	0.57
Total Current Liabilities	0.89	0.73		0.88	0.68	0.99	0.91	0.91	0.85	0.63	0.82	-0.19	0.96	0.81	0.93	0.81	0.88	0.95	0.72	0.51	0.97	0.9	0.78	0.81	0.54	0.84
Total Stockholder Equity	1.0	0.69	0.88		0.7	0.9	0.95	0.8	0.81	0.68	0.89	0.07	0.89	0.95	0.82	0.94	0.88	0.92	0.7	0.31	0.92	0.9	0.61	0.73	0.59	0.94
Other Liab	0.71	0.64	0.68	0.7		0.67	0.73	0.5	0.71	0.62	0.86	0.33	0.63	0.74	0.65	0.66	0.48	0.56	0.48	0.38	0.59	0.5	0.4	0.57	0.61	0.52
Retained Earnings	0.89	0.67	0.99	0.9	0.67		0.91	0.9	0.84	0.65	0.84	-0.18	0.95	0.86	0.94	0.86	0.9	0.94	0.74	0.48	0.96	0.91	0.76	0.77	0.54	0.86
Accounts Payable	0.95	0.7	0.91	0.95	0.73	0.91		0.75	0.74	0.76	0.92	0.05	0.85	0.92	0.83	0.9	0.79	0.9	0.72	0.52	0.91	0.83	0.58	0.69	0.51	0.84
Cash	0.81	0.64	0.91	0.8	0.5	0.9	0.75		0.82	0.38	0.6	-0.4	0.96	0.69	0.86	0.7	0.91	0.91	0.56	0.21	0.92	0.92	0.86	0.9	0.5	0.86
Other Assets	0.82	0.82	0.85	0.81	0.71	0.84	0.74	0.82		0.36	0.74	-0.08	0.88	0.72	0.72	0.72	0.8	0.82	0.52	0.29	0.86	0.79	0.83	0.8	0.87	0.77
Net Receivables	0.65	0.31	0.63	0.68	0.62	0.65	0.76	0.38	0.36		0.82	0.34	0.52	0.75	0.69	0.72	0.53	0.6	0.74	0.56	0.58	0.54	0.15	0.33	0.15	0.57
Inventory	0.87	0.61	0.82	0.89	0.86	0.84	0.92	0.6	0.74	0.82		0.28	0.75	0.93	0.8	0.9	0.71	0.77	0.77	0.51	0.78	0.71	0.45	0.53	0.58	0.74
Other Current Assets	0.06	0.17	-0.19	0.07	0.33	-0.18	0.05	-0.4	-0.08	0.34	0.28		-0.19	0.12	-0.2	0.14	-0.19	-0.25	0.06	-0.04	-0.19	-0.16	-0.51	-0.23	0.14	-0.13
Total Liab	0.91	0.72	0.96	0.89	0.63	0.95	0.85	0.96	0.88	0.52	0.75	-0.19		0.79	0.89	0.8	0.93	0.92	0.6	0.24	0.94	0.95	0.81	0.86	0.58	0.89
Common Stock	0.93	0.55	0.81	0.95	0.74	0.86	0.92	0.69	0.72	0.75	0.93	0.12	0.79		0.81	0.97	0.79	0.84	0.72	0.36	0.82	0.8	0.48	0.61	0.49	0.85
Property Plant Equipment	0.81	0.48	0.93	0.82	0.65	0.94	0.83	0.86	0.72	0.69	0.8	-0.2	0.89	0.81		0.77	0.84	0.87	0.73	0.44	0.86	0.84	0.65	0.68	0.33	0.79
Intangible Assets	0.92	0.6	0.81	0.94	0.66	0.86	0.9	0.7	0.72	0.72	0.9	0.14	0.8	0.97	0.77		0.84	0.84	0.79	0.34	0.84	0.85	0.46	0.59	0.53	0.87
Good Will	0.88	0.57	0.88	0.88	0.48	0.9	0.79	0.91	0.8	0.53	0.71	-0.19	0.93	0.79	0.84	0.84		0.93	0.77	0.19	0.93	0.99	0.69	0.74	0.54	0.96
Net Tangible Assets	0.92	0.65	0.95	0.92	0.56	0.94	0.9	0.91	0.82	0.6	0.77	-0.25	0.92	0.84	0.87	0.84	0.93		0.74	0.43	0.99	0.94	0.76	0.81	0.55	0.95
Other Stockholder Equity	0.66	0.36	0.72	0.7	0.48	0.74	0.72	0.56	0.52	0.74	0.77	0.06	0.6	0.72	0.73	0.79	0.77	0.74		0.57	0.73	0.73	0.29	0.34	0.36	0.73
Long Term Investments	0.28	0.35	0.51	0.31	0.38	0.48	0.52	0.21	0.29	0.56	0.51	-0.04	0.24	0.36	0.44	0.34	0.19	0.43	0.57		0.45	0.19	0.24	0.17	0.2	0.19
Total Current Assets	0.92	0.75	0.97	0.92	0.59	0.96	0.91	0.92	0.86	0.58	0.78	-0.19	0.94	0.82	0.86	0.84	0.93	0.99	0.73	0.45		0.94	0.78	0.83	0.61	0.92
Non Current Assets Total	0.91	0.64	0.9	0.9	0.5	0.91	0.83	0.92	0.79	0.54	0.71	-0.16	0.95	0.8	0.84	0.85	0.99	0.94	0.73	0.19	0.94		0.69	0.79	0.53	0.96
Long Term Debt	0.63	0.61	0.78	0.61	0.4	0.76	0.58	0.86	0.83	0.15	0.45	-0.51	0.81	0.48	0.65	0.46	0.69	0.76	0.29	0.24	0.78	0.69		0.81	0.64	0.64
Non Current Liabilities Total	0.77	0.78	0.81	0.73	0.57	0.77	0.69	0.9	0.8	0.33	0.53	-0.23	0.86	0.61	0.68	0.59	0.74	0.81	0.34	0.17	0.83	0.79	0.81		0.57	0.74
Deferred Long Term Liab	0.61	0.77	0.54	0.59	0.61	0.54	0.51	0.5	0.87	0.15	0.58	0.14	0.58	0.49	0.33	0.53	0.54	0.55	0.36	0.2	0.61	0.53	0.64	0.57		0.55
Short Long Term Debt	0.93	0.57	0.84	0.94	0.52	0.86	0.84	0.86	0.77	0.57	0.74	-0.13	0.89	0.85	0.79	0.87	0.96	0.95	0.73	0.19	0.92	0.96	0.64	0.74	0.55

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North Chemical Account Relationship Matchups

North Chemical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9B	4.2B	4.5B	4.7B	4.6B	2.3B
Other Current Liab	190.4M	444.8M	500.9M	402.8M	106.5M	160.0M
Total Current Liabilities	1.1B	1.2B	1.4B	1.5B	1.4B	1.4B
Total Stockholder Equity	2.5B	2.6B	2.7B	2.9B	2.9B	1.5B
Other Liab	79.5M	120.0M	120.8M	69.9M	80.4M	54.2M
Retained Earnings	952.2M	1.0B	1.1B	1.2B	1.1B	1.2B
Accounts Payable	774.4M	708.5M	823.2M	995.7M	846.2M	424.9M
Cash	851.0M	1.1B	1.4B	1.5B	1.6B	1.7B
Other Assets	52.9M	88.2M	71.7M	45.9M	52.8M	55.4M
Net Receivables	677.1M	253.4M	758.4M	474.7M	603.8M	400.8M
Inventory	533.1M	491.6M	494.0M	428.0M	433.4M	315.9M
Other Current Assets	63.4M	57.1M	83.9M	37.1M	2.8M	2.7M
Total Liab	1.2B	1.4B	1.6B	1.7B	1.5B	1.6B
Property Plant Equipment	935.3M	906.0M	1.0B	1.1B	1.3B	1.4B
Intangible Assets	330.3M	320.5M	316.0M	317.2M	304.0M	191.1M
Net Tangible Assets	2.2B	2.3B	2.4B	2.5B	2.9B	2.2B
Other Stockholder Equity	16.2M	12.8M	9.8M	9.8M	11.3M	14.1M
Total Current Assets	2.6B	2.9B	3.1B	3.2B	3.1B	2.7B
Non Current Assets Total	1.3B	1.3B	1.5B	1.5B	1.5B	1.4B
Non Currrent Assets Other	15.4M	43.0M	26.1M	5.5M	3.9M	3.7M
Non Current Liabilities Total	79.5M	120.0M	185.1M	139.7M	143.4M	118.5M
Deferred Long Term Liab	2.4M	3.9M	2.5M	630.0K	724.5K	688.3K
Net Invested Capital	2.5B	2.6B	2.7B	2.9B	2.9B	2.9B
Net Working Capital	1.5B	1.6B	1.6B	1.7B	1.7B	1.7B

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Other Information on Investing in North Stock

Balance Sheet is a snapshot of the financial position of North Chemical Industries at a specified time, usually calculated after every quarter, six months, or one year. North Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of North Chemical 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 North currently owns. An asset can also be divided into two categories, current and non-current.

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North Ebit vs Cost Of Revenue Analysis

Ebit vs Cost Of Revenue

Ebit vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Ebit

Cost Of Revenue

North Chemical fundamental ratios Correlations

North Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

North Chemical fundamental ratios Accounts

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Other Information on Investing in North Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Good Will
Total Current Assets	+ 0.99	Net Tangible Assets
Total Current Assets	+ 0.97	Total Current Liabilities
Intangible Assets	+ 0.97	Common Stock

Long Term Debt	- 0.51	Other Current Assets
Other Current Assets	- 0.4	Cash
Net Tangible Assets	- 0.25	Other Current Assets
Non Current Liabilities Total	- 0.23	Other Current Assets
Property Plant Equipment	- 0.2	Other Current Assets
Total Current Assets	- 0.19	Other Current Assets