Great Net Income From Continuing Ops vs Operating Income Analysis

603336 Stock   5.08  0.11  2.21%   
Great Sun financial indicator trend analysis is much more than just examining Great Sun Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Sun Foods is a good investment. Please check the relationship between Great Sun Net Income From Continuing Ops and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Sun Foods Co. 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.

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 Great Sun Foods Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Great Sun's Net Income From Continuing Ops and Operating Income is 0.37. 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 Great Sun Foods Co, assuming nothing else is changed. The correlation between historical values of Great Sun's 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 Great Sun Foods Co 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., Great Sun's Net Income From Continuing Ops and Operating Income go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income From Continuing Ops

Operating Income

Operating Income is the amount of profit realized from Great Sun Foods 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 Great Sun Foods Co 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 Great Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Sun Foods 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 Great Sun Foods Co. 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.
As of December 3, 2024, Selling General Administrative is expected to decline to about 9.3 M. The current year's Tax Provision is expected to grow to about (981.5 K)
 2021 2022 2023 2024 (projected)
Operating Income72.0M60.1M40.7M68.0M
Total Revenue974.3M1.1B1.1B813.5M

Great Sun fundamental ratios Correlations

0.550.720.960.9-0.050.830.860.660.960.90.80.960.870.87-0.070.770.930.950.55-0.810.90.840.930.930.83
0.550.150.550.56-0.470.50.230.280.550.650.260.630.320.34-0.030.410.370.520.91-0.390.50.380.40.350.15
0.720.150.580.520.440.830.910.480.630.670.980.740.90.92-0.30.460.830.840.23-0.70.790.860.770.880.85
0.960.550.580.96-0.190.730.810.70.980.850.670.880.80.790.050.850.840.860.51-0.810.790.740.880.820.71
0.90.560.520.96-0.320.640.750.780.970.780.580.80.710.710.110.910.720.760.45-0.810.650.610.840.710.56
-0.05-0.470.44-0.19-0.320.20.28-0.2-0.19-0.040.39-0.030.280.27-0.31-0.150.220.12-0.290.060.180.310.00.230.41
0.830.50.830.730.640.20.840.470.730.840.910.910.920.94-0.150.520.90.920.65-0.690.930.970.750.890.86
0.860.230.910.810.750.280.840.610.80.760.940.80.970.97-0.210.680.90.890.26-0.770.830.90.860.920.88
0.660.280.480.70.78-0.20.470.610.710.50.480.520.510.550.160.810.520.490.13-0.50.430.440.550.50.47
0.960.550.630.980.97-0.190.730.80.710.850.690.890.790.790.080.850.830.860.5-0.870.760.720.910.820.68
0.90.650.670.850.78-0.040.840.760.50.850.760.920.840.84-0.260.640.880.920.65-0.760.880.80.870.840.76
0.80.260.980.670.580.390.910.940.480.690.760.820.960.97-0.270.510.90.910.36-0.710.890.940.80.940.91
0.960.630.740.880.8-0.030.910.80.520.890.920.820.860.87-0.060.620.930.970.7-0.810.940.880.890.930.82
0.870.320.90.80.710.280.920.970.510.790.840.960.861.0-0.260.60.940.940.39-0.780.90.950.870.950.91
0.870.340.920.790.710.270.940.970.550.790.840.970.871.0-0.260.610.940.940.42-0.770.90.960.860.950.91
-0.07-0.03-0.30.050.11-0.31-0.15-0.210.160.08-0.26-0.27-0.06-0.26-0.260.12-0.23-0.220.04-0.07-0.21-0.17-0.16-0.19-0.25
0.770.410.460.850.91-0.150.520.680.810.850.640.510.620.60.610.120.60.60.28-0.610.530.520.660.580.51
0.930.370.830.840.720.220.90.90.520.830.880.90.930.940.94-0.230.60.970.47-0.740.960.920.890.980.96
0.950.520.840.860.760.120.920.890.490.860.920.910.970.940.94-0.220.60.970.6-0.810.960.930.920.970.88
0.550.910.230.510.45-0.290.650.260.130.50.650.360.70.390.420.040.280.470.6-0.380.630.540.380.450.3
-0.81-0.39-0.7-0.81-0.810.06-0.69-0.77-0.5-0.87-0.76-0.71-0.81-0.78-0.77-0.07-0.61-0.74-0.81-0.38-0.64-0.66-0.93-0.76-0.61
0.90.50.790.790.650.180.930.830.430.760.880.890.940.90.9-0.210.530.960.960.63-0.640.950.80.960.91
0.840.380.860.740.610.310.970.90.440.720.80.940.880.950.96-0.170.520.920.930.54-0.660.950.750.940.91
0.930.40.770.880.840.00.750.860.550.910.870.80.890.870.86-0.160.660.890.920.38-0.930.80.750.890.77
0.930.350.880.820.710.230.890.920.50.820.840.940.930.950.95-0.190.580.980.970.45-0.760.960.940.890.94
0.830.150.850.710.560.410.860.880.470.680.760.910.820.910.91-0.250.510.960.880.3-0.610.910.910.770.94
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Great Sun Account Relationship Matchups

Great Sun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.5B1.6B1.8B1.8B1.1B
Other Current Liab14.4M21.4M26.7M20.3M61.3K58.2K
Total Current Liabilities202.7M240.1M293.1M411.9M461.5M484.5M
Total Stockholder Equity873.4M1.1B1.1B1.1B1.1B776.8M
Retained Earnings450.9M431.7M456.7M471.7M434.2M345.4M
Accounts Payable13.8M22.4M17.6M21.4M52.1M54.7M
Other Assets13.5M41.2M37.4M29.6M34.0M35.7M
Net Receivables294.7M349.0M422.5M556.6M640.9M673.0M
Inventory320.2M357.4M361.7M392.1M378.6M266.8M
Other Current Assets42.7M54.9M97.8M61.6M68.0M41.6M
Total Liab208.3M437.2M500.7M631.5M693.1M727.8M
Intangible Assets57.9M112.5M109.0M109.1M106.5M59.6M
Common Stock173.4M225.4M337.4M438.7M504.5M529.7M
Property Plant Equipment167.9M252.4M377.8M460.6M529.7M556.2M
Cash45.3M126.5M23.2M44.3M38.7M55.2M
Other Liab4.9M5.7M5.6M5.7M6.6M5.2M
Net Tangible Assets762.0M815.1M957.8M982.3M1.1B914.8M
Non Current Assets Total379.4M588.2M665.6M711.9M709.8M503.7M
Non Currrent Assets Other10.0M37.2M30.6M22.0M729.2K692.8K
Non Current Liabilities Total5.7M197.1M207.6M219.6M231.7M120.6M
Other Stockholder Equity(81.5K)(90.5K)39.8M35.2M40.5M42.5M
Deferred Long Term Liab5.8M3.9M6.7M7.3M8.4M4.7M
Total Current Assets703.4M922.3M929.2M1.1B1.1B925.4M
Net Invested Capital1.0B1.4B1.5B1.7B1.8B1.4B
Net Working Capital500.8M682.2M636.1M655.3M672.3M679.8M
Short Long Term Debt165.2M182M230.0M344.8M398.1M265.9M
Capital Stock225.4M337.4M438.7M438.7M570.4M400.4M

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Other Information on Investing in Great Stock

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