ISoftStone Operating Income vs Interest Income Analysis
| 301236 Stock | 64.84 1.34 2.02% |
ISoftStone Information financial indicator trend analysis is infinitely more than just investigating iSoftStone Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iSoftStone Information is a good investment. Please check the relationship between ISoftStone Information Operating Income and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iSoftStone Information Technology. 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.
Operating Income vs Interest Income
Operating Income vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iSoftStone Information Operating Income account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ISoftStone Information's Operating Income and Interest Income is -0.38. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of iSoftStone Information Technology, assuming nothing else is changed. The correlation between historical values of ISoftStone Information's Operating Income and Interest 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 Operating Income of iSoftStone Information Technology are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Operating Income i.e., ISoftStone Information's Operating Income and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.38 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from iSoftStone Information 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 iSoftStone Information Technology 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.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from ISoftStone Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iSoftStone Information 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 iSoftStone Information Technology. 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 799.2 M, whereas Tax Provision is forecasted to decline to about 8.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 146.5M | 131.5M | 78.8M | 74.8M | Interest Income | 21.3M | 55.1M | 62.6M | 42.9M |
ISoftStone Information fundamental ratios Correlations
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ISoftStone Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of iSoftStone Information at a specified time, usually calculated after every quarter, six months, or one year. ISoftStone Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ISoftStone Information 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 ISoftStone currently owns. An asset can also be divided into two categories, current and non-current.