SAIC Total Operating Expenses vs Operating Income Analysis

600104 Stock   17.41  0.48  2.68%   
SAIC financial indicator trend analysis is much more than just breaking down SAIC Motor Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAIC Motor Corp is a good investment. Please check the relationship between SAIC Total Operating Expenses and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SAIC Motor Corp. 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAIC Motor Corp Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between SAIC's Total Operating Expenses and Operating Income is 0.26. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of SAIC Motor Corp, assuming nothing else is changed. The correlation between historical values of SAIC's Total Operating Expenses 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 Total Operating Expenses of SAIC Motor Corp 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 Total Operating Expenses i.e., SAIC's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from SAIC Motor Corp 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 SAIC Motor Corp 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 SAIC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAIC Motor Corp 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 SAIC Motor Corp. 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.
As of January 10, 2025, Selling General Administrative is expected to decline to about 36.3 B. In addition to that, Tax Provision is expected to decline to about 5.1 B
 2022 2023 2024 2025 (projected)
Operating Income12.2B16.5B19.0B13.0B
Total Revenue744.1B744.7B856.4B449.6B

SAIC fundamental ratios Correlations

-0.091.00.990.950.970.980.970.980.940.170.870.950.791.00.980.550.990.880.910.690.85-0.850.870.910.91
-0.09-0.1-0.040.050.08-0.260.04-0.1-0.320.28-0.05-0.31-0.39-0.11-0.250.41-0.080.07-0.19-0.21-0.190.17-0.09-0.18-0.14
1.0-0.10.990.950.960.980.970.980.950.160.890.950.791.00.980.530.990.880.920.690.86-0.860.890.920.92
0.99-0.040.990.950.970.960.980.950.910.230.830.930.770.980.950.620.980.840.870.660.8-0.810.830.860.87
0.950.050.950.950.980.890.920.940.850.340.810.830.670.950.920.540.940.920.850.580.75-0.80.820.840.86
0.970.080.960.970.980.90.950.940.860.280.840.850.710.960.930.580.950.90.860.630.8-0.820.850.850.87
0.98-0.260.980.960.890.90.930.960.980.050.870.980.830.980.990.460.970.820.920.720.87-0.850.870.920.9
0.970.040.970.980.920.950.930.930.880.190.810.910.760.970.920.660.970.820.860.640.79-0.790.820.850.85
0.98-0.10.980.950.940.940.960.930.940.110.910.90.80.980.960.470.980.920.940.710.87-0.880.910.930.95
0.94-0.320.950.910.850.860.980.880.94-0.070.920.950.850.960.980.340.940.830.930.710.9-0.920.910.940.94
0.170.280.160.230.340.280.050.190.11-0.07-0.10.01-0.290.140.090.410.160.19-0.01-0.11-0.10.09-0.08-0.02-0.05
0.87-0.050.890.830.810.840.870.810.910.92-0.10.810.720.890.890.310.880.890.910.720.91-0.930.950.930.97
0.95-0.310.950.930.830.850.980.910.90.950.010.810.830.950.960.460.930.740.870.660.82-0.80.820.870.85
0.79-0.390.790.770.670.710.830.760.80.85-0.290.720.830.80.810.320.80.650.810.660.77-0.790.780.780.81
1.0-0.111.00.980.950.960.980.970.980.960.140.890.950.80.980.520.990.890.930.70.86-0.870.890.920.93
0.98-0.250.980.950.920.930.990.920.960.980.090.890.960.810.980.40.960.860.930.720.88-0.880.890.930.93
0.550.410.530.620.540.580.460.660.470.340.410.310.460.320.520.40.570.430.410.290.38-0.330.390.410.33
0.99-0.080.990.980.940.950.970.970.980.940.160.880.930.80.990.960.570.890.910.670.85-0.870.880.90.93
0.880.070.880.840.920.90.820.820.920.830.190.890.740.650.890.860.430.890.880.530.83-0.90.920.890.93
0.91-0.190.920.870.850.860.920.860.940.93-0.010.910.870.810.930.930.410.910.880.820.97-0.890.960.990.93
0.69-0.210.690.660.580.630.720.640.710.71-0.110.720.660.660.70.720.290.670.530.820.82-0.570.70.780.65
0.85-0.190.860.80.750.80.870.790.870.9-0.10.910.820.770.860.880.380.850.830.970.82-0.890.970.980.9
-0.850.17-0.86-0.81-0.8-0.82-0.85-0.79-0.88-0.920.09-0.93-0.8-0.79-0.87-0.88-0.33-0.87-0.9-0.89-0.57-0.89-0.95-0.91-0.96
0.87-0.090.890.830.820.850.870.820.910.91-0.080.950.820.780.890.890.390.880.920.960.70.97-0.950.980.97
0.91-0.180.920.860.840.850.920.850.930.94-0.020.930.870.780.920.930.410.90.890.990.780.98-0.910.980.94
0.91-0.140.920.870.860.870.90.850.950.94-0.050.970.850.810.930.930.330.930.930.930.650.9-0.960.970.94
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SAIC Account Relationship Matchups

SAIC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets919.4B916.9B990.1B1.0T1.2T1.2T
Other Current Liab193.7B109.1B93.0B3.1B3.6B3.4B
Total Current Liabilities510.9B480.5B544.0B547.4B629.6B661.0B
Total Stockholder Equity260.1B273.8B279.2B286.3B329.3B345.7B
Other Liab50.4B51.4B53.0B49.4B56.8B59.7B
Retained Earnings179.4B189.6B197.8B167.5B192.6B202.2B
Accounts Payable205.0B199.1B244.3B264.7B304.4B319.6B
Cash142.6B138.5B155.2B143.6B165.2B173.4B
Other Assets136.2B152.3B160.1B158.9B182.7B191.8B
Long Term Debt47.1B46.3B49.7B62.9B72.3B75.9B
Net Receivables43.6B47.5B62.9B68.0B78.2B61.7B
Short Term Investments64.1B53.9B45.2B46.7B53.7B56.4B
Inventory69.4B56.6B88.5B98.6B113.4B119.1B
Other Current Assets49.7B211.4B192.4B186.7B214.8B225.5B
Total Liab609.4B588.2B653.8B663.7B763.3B801.5B
Intangible Assets18.5B19.6B22.2B24.4B28.1B29.5B
Property Plant Equipment99.2B96.1B101.6B105.6B121.4B127.5B
Good Will1.5B1.3B1.2B1.2B1.4B1.1B
Net Tangible Assets232.9B242.6B255.7B259.1B297.9B243.2B
Other Stockholder Equity13.1B14.1B18.7B15.7B18.0B14.6B
Deferred Long Term Liab4.1B4.7B4.9B5.7B6.6B3.7B
Short Long Term Debt92.7B83.4B101.8B94.0B108.1B66.1B
Total Current Assets566.2B545.0B582.2B619.6B712.5B521.9B
Non Current Assets Total353.2B371.9B407.9B387.0B445.1B382.4B
Non Currrent Assets Other7.4B9.1B13.2B10.5B9.5B16.7B
Non Current Liabilities Total98.5B107.7B109.8B116.3B133.7B99.0B
Non Current Liabilities Other15.4B19.3B20.8B23.2B26.7B18.2B
Net Invested Capital399.9B403.5B430.8B443.2B509.7B413.0B
Net Working Capital55.3B64.5B38.2B72.2B83.0B49.7B
Property Plant And Equipment Net96.1B101.6B105.6B108.1B124.4B112.4B
Property Plant And Equipment Gross173.4B188.0B105.6B108.1B97.3B118.6B

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Other Information on Investing in SAIC Stock

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