North Total Revenue vs Total Other Income Expense Net 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 Total Revenue and its Total Other Income Expense Net 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.

Total Revenue vs Total Other Income Expense Net

Total Revenue vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Chemical Industries Total Revenue account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between North Chemical's Total Revenue and Total Other Income Expense Net is -0.58. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Other Income Expense Net 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 Total Revenue and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of North Chemical Industries are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Revenue i.e., North Chemical's Total Revenue and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts North Chemical Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Other Income Expense Net

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 Income130.7M46.9M27.2M25.8M
Total Revenue2.6B2.6B2.2B1.8B

North Chemical fundamental ratios Correlations

0.720.891.00.710.890.950.810.820.650.870.060.910.930.810.920.880.920.660.280.920.910.630.770.610.93
0.720.730.690.640.670.70.640.820.310.610.170.720.550.480.60.570.650.360.350.750.640.610.780.770.57
0.890.730.880.680.990.910.910.850.630.82-0.190.960.810.930.810.880.950.720.510.970.90.780.810.540.84
1.00.690.880.70.90.950.80.810.680.890.070.890.950.820.940.880.920.70.310.920.90.610.730.590.94
0.710.640.680.70.670.730.50.710.620.860.330.630.740.650.660.480.560.480.380.590.50.40.570.610.52
0.890.670.990.90.670.910.90.840.650.84-0.180.950.860.940.860.90.940.740.480.960.910.760.770.540.86
0.950.70.910.950.730.910.750.740.760.920.050.850.920.830.90.790.90.720.520.910.830.580.690.510.84
0.810.640.910.80.50.90.750.820.380.6-0.40.960.690.860.70.910.910.560.210.920.920.860.90.50.86
0.820.820.850.810.710.840.740.820.360.74-0.080.880.720.720.720.80.820.520.290.860.790.830.80.870.77
0.650.310.630.680.620.650.760.380.360.820.340.520.750.690.720.530.60.740.560.580.540.150.330.150.57
0.870.610.820.890.860.840.920.60.740.820.280.750.930.80.90.710.770.770.510.780.710.450.530.580.74
0.060.17-0.190.070.33-0.180.05-0.4-0.080.340.28-0.190.12-0.20.14-0.19-0.250.06-0.04-0.19-0.16-0.51-0.230.14-0.13
0.910.720.960.890.630.950.850.960.880.520.75-0.190.790.890.80.930.920.60.240.940.950.810.860.580.89
0.930.550.810.950.740.860.920.690.720.750.930.120.790.810.970.790.840.720.360.820.80.480.610.490.85
0.810.480.930.820.650.940.830.860.720.690.8-0.20.890.810.770.840.870.730.440.860.840.650.680.330.79
0.920.60.810.940.660.860.90.70.720.720.90.140.80.970.770.840.840.790.340.840.850.460.590.530.87
0.880.570.880.880.480.90.790.910.80.530.71-0.190.930.790.840.840.930.770.190.930.990.690.740.540.96
0.920.650.950.920.560.940.90.910.820.60.77-0.250.920.840.870.840.930.740.430.990.940.760.810.550.95
0.660.360.720.70.480.740.720.560.520.740.770.060.60.720.730.790.770.740.570.730.730.290.340.360.73
0.280.350.510.310.380.480.520.210.290.560.51-0.040.240.360.440.340.190.430.570.450.190.240.170.20.19
0.920.750.970.920.590.960.910.920.860.580.78-0.190.940.820.860.840.930.990.730.450.940.780.830.610.92
0.910.640.90.90.50.910.830.920.790.540.71-0.160.950.80.840.850.990.940.730.190.940.690.790.530.96
0.630.610.780.610.40.760.580.860.830.150.45-0.510.810.480.650.460.690.760.290.240.780.690.810.640.64
0.770.780.810.730.570.770.690.90.80.330.53-0.230.860.610.680.590.740.810.340.170.830.790.810.570.74
0.610.770.540.590.610.540.510.50.870.150.580.140.580.490.330.530.540.550.360.20.610.530.640.570.55
0.930.570.840.940.520.860.840.860.770.570.74-0.130.890.850.790.870.960.950.730.190.920.960.640.740.55
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North Chemical Account Relationship Matchups

North Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.2B4.5B4.7B4.6B2.3B
Other Current Liab190.4M444.8M500.9M402.8M106.5M160.0M
Total Current Liabilities1.1B1.2B1.4B1.5B1.4B1.4B
Total Stockholder Equity2.5B2.6B2.7B2.9B2.9B1.5B
Other Liab79.5M120.0M120.8M69.9M80.4M54.2M
Retained Earnings952.2M1.0B1.1B1.2B1.1B1.2B
Accounts Payable774.4M708.5M823.2M995.7M846.2M424.9M
Cash851.0M1.1B1.4B1.5B1.6B1.7B
Other Assets52.9M88.2M71.7M45.9M52.8M55.4M
Net Receivables677.1M253.4M758.4M474.7M603.8M400.8M
Inventory533.1M491.6M494.0M428.0M433.4M315.9M
Other Current Assets63.4M57.1M83.9M37.1M2.8M2.7M
Total Liab1.2B1.4B1.6B1.7B1.5B1.6B
Property Plant Equipment935.3M906.0M1.0B1.1B1.3B1.4B
Intangible Assets330.3M320.5M316.0M317.2M304.0M191.1M
Net Tangible Assets2.2B2.3B2.4B2.5B2.9B2.2B
Other Stockholder Equity16.2M12.8M9.8M9.8M11.3M14.1M
Total Current Assets2.6B2.9B3.1B3.2B3.1B2.7B
Non Current Assets Total1.3B1.3B1.5B1.5B1.5B1.4B
Non Currrent Assets Other15.4M43.0M26.1M5.5M3.9M3.7M
Non Current Liabilities Total79.5M120.0M185.1M139.7M143.4M118.5M
Deferred Long Term Liab2.4M3.9M2.5M630.0K724.5K688.3K
Net Invested Capital2.5B2.6B2.7B2.9B2.9B2.9B
Net Working Capital1.5B1.6B1.6B1.7B1.7B1.7B

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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.