SICC Income Before Tax vs Interest Income Analysis

688234 Stock

54.90 1.46 2.59%

SICC financial indicator trend analysis is much more than just breaking down SICC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SICC is a good investment. Please check the relationship between SICC Income Before Tax and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SICC 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.

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SICC Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between SICC's Income Before Tax and Interest Income is 0.21. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income in the same time period over historical financial statements of SICC Co, assuming nothing else is changed. The correlation between historical values of SICC's Income Before Tax 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 Income Before Tax of SICC Co 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 Income Before Tax i.e., SICC's Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on SICC income statement and is an important metric when analyzing SICC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 SICC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SICC 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 SICC 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.

The current year's Tax Provision is expected to grow to about (9.9 M). In addition to that, Selling General Administrative is expected to decline to about 58.8 M

	2021	2022	2023	2024 (projected)
Interest Expense	6.9K	127.0K	216.9K	206.0K
Interest Income	6.0M	18.3M	15.4M	11.0M

Interest Expense Interest Income

SICC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Capital Lease Obligations
Total Assets		0.9	0.36	0.98	-0.58	0.18	0.76	0.95	0.97	0.57	-0.58	0.87	0.92	-0.32	0.97	0.8	0.12	0.99	-0.8	0.98	0.88	0.89	0.83	0.95	0.96	0.77
Other Current Liab	0.9		0.48	0.86	-0.69	0.24	0.87	0.95	0.96	0.74	-0.69	0.91	0.95	-0.32	0.94	0.91	0.22	0.86	-0.79	0.79	0.87	0.68	0.85	0.94	0.94	0.86
Total Current Liabilities	0.36	0.48		0.22	-0.79	-0.64	0.79	0.44	0.47	0.92	-0.79	0.65	0.52	0.5	0.35	0.56	0.76	0.27	0.0	0.23	0.07	0.0	0.09	0.59	0.58	0.8
Total Stockholder Equity	0.98	0.86	0.22		-0.54	0.32	0.7	0.92	0.93	0.47	-0.54	0.84	0.88	-0.47	0.95	0.74	-0.06	1.0	-0.88	0.98	0.93	0.95	0.89	0.88	0.89	0.71
Net Debt	-0.58	-0.69	-0.79	-0.54		0.13	-0.95	-0.62	-0.63	-0.93	1.0	-0.9	-0.73	0.07	-0.6	-0.64	-0.23	-0.54	0.52	-0.5	-0.52	-0.4	-0.58	-0.68	-0.68	-0.94
Retained Earnings	0.18	0.24	-0.64	0.32	0.13		-0.09	0.13	0.15	-0.29	0.13	0.05	0.21	-0.82	0.3	0.0	-0.76	0.25	-0.66	0.2	0.59	0.4	0.6	0.0	0.02	-0.11
Accounts Payable	0.76	0.87	0.79	0.7	-0.95	-0.09		0.82	0.83	0.95	-0.95	0.97	0.88	-0.09	0.78	0.83	0.35	0.71	-0.61	0.66	0.66	0.52	0.68	0.87	0.87	1.0
Cash	0.95	0.95	0.44	0.92	-0.62	0.13	0.82		0.97	0.64	-0.62	0.89	0.88	-0.35	0.92	0.94	0.2	0.92	-0.78	0.89	0.86	0.78	0.82	0.95	0.95	0.82
Non Current Assets Total	0.97	0.96	0.47	0.93	-0.63	0.15	0.83	0.97		0.69	-0.63	0.9	0.96	-0.23	0.98	0.87	0.27	0.94	-0.76	0.9	0.84	0.77	0.8	0.99	0.99	0.84
Non Currrent Assets Other	0.57	0.74	0.92	0.47	-0.93	-0.29	0.95	0.64	0.69		-0.93	0.86	0.77	0.19	0.62	0.7	0.55	0.5	-0.35	0.44	0.41	0.26	0.44	0.76	0.76	0.95
Long Term Debt	-0.58	-0.69	-0.79	-0.54	1.0	0.13	-0.95	-0.62	-0.63	-0.93		-0.9	-0.73	0.07	-0.6	-0.64	-0.23	-0.54	0.52	-0.5	-0.52	-0.4	-0.58	-0.68	-0.68	-0.94
Net Receivables	0.87	0.91	0.65	0.84	-0.9	0.05	0.97	0.89	0.9	0.86	-0.9		0.93	-0.24	0.87	0.83	0.2	0.84	-0.75	0.8	0.79	0.7	0.81	0.91	0.91	0.97
Common Stock Shares Outstanding	0.92	0.95	0.52	0.88	-0.73	0.21	0.88	0.88	0.96	0.77	-0.73	0.93		-0.2	0.97	0.77	0.23	0.88	-0.77	0.83	0.83	0.72	0.82	0.95	0.96	0.88
Non Current Liabilities Total	-0.32	-0.32	0.5	-0.47	0.07	-0.82	-0.09	-0.35	-0.23	0.19	0.07	-0.24	-0.2		-0.32	-0.27	0.8	-0.4	0.77	-0.38	-0.7	-0.58	-0.73	-0.1	-0.11	-0.06
Inventory	0.97	0.94	0.35	0.95	-0.6	0.3	0.78	0.92	0.98	0.62	-0.6	0.87	0.97	-0.32		0.77	0.12	0.95	-0.83	0.91	0.9	0.83	0.86	0.95	0.96	0.79
Other Current Assets	0.8	0.91	0.56	0.74	-0.64	0.0	0.83	0.94	0.87	0.7	-0.64	0.83	0.77	-0.27	0.77		0.34	0.74	-0.63	0.69	0.71	0.54	0.7	0.87	0.86	0.82
Total Liab	0.12	0.22	0.76	-0.06	-0.23	-0.76	0.35	0.2	0.27	0.55	-0.23	0.2	0.23	0.8	0.12	0.34		0.01	0.41	-0.02	-0.28	-0.3	-0.32	0.39	0.37	0.37
Net Invested Capital	0.99	0.86	0.27	1.0	-0.54	0.25	0.71	0.92	0.94	0.5	-0.54	0.84	0.88	-0.4	0.95	0.74	0.01		-0.84	0.99	0.9	0.94	0.86	0.9	0.91	0.72
Short Long Term Debt	-0.8	-0.79	0.0	-0.88	0.52	-0.66	-0.61	-0.78	-0.76	-0.35	0.52	-0.75	-0.77	0.77	-0.83	-0.63	0.41	-0.84		-0.8	-0.99	-0.87	-0.99	-0.66	-0.68	-0.6
Total Current Assets	0.98	0.79	0.23	0.98	-0.5	0.2	0.66	0.89	0.9	0.44	-0.5	0.8	0.83	-0.38	0.91	0.69	-0.02	0.99	-0.8		0.86	0.96	0.81	0.87	0.88	0.67
Capital Stock	0.88	0.87	0.07	0.93	-0.52	0.59	0.66	0.86	0.84	0.41	-0.52	0.79	0.83	-0.7	0.9	0.71	-0.28	0.9	-0.99	0.86		0.89	0.99	0.76	0.78	0.65
Net Working Capital	0.89	0.68	0.0	0.95	-0.4	0.4	0.52	0.78	0.77	0.26	-0.4	0.7	0.72	-0.58	0.83	0.54	-0.3	0.94	-0.87	0.96	0.89		0.85	0.71	0.73	0.53
Intangible Assets	0.83	0.85	0.09	0.89	-0.58	0.6	0.68	0.82	0.8	0.44	-0.58	0.81	0.82	-0.73	0.86	0.7	-0.32	0.86	-0.99	0.81	0.99	0.85		0.72	0.74	0.67
Property Plant And Equipment Net	0.95	0.94	0.59	0.88	-0.68	0.0	0.87	0.95	0.99	0.76	-0.68	0.91	0.95	-0.1	0.95	0.87	0.39	0.9	-0.66	0.87	0.76	0.71	0.72		1.0	0.88
Property Plant And Equipment Gross	0.96	0.94	0.58	0.89	-0.68	0.02	0.87	0.95	0.99	0.76	-0.68	0.91	0.96	-0.11	0.96	0.86	0.37	0.91	-0.68	0.88	0.78	0.73	0.74	1.0		0.88
Capital Lease Obligations	0.77	0.86	0.8	0.71	-0.94	-0.11	1.0	0.82	0.84	0.95	-0.94	0.97	0.88	-0.06	0.79	0.82	0.37	0.72	-0.6	0.67	0.65	0.53	0.67	0.88	0.88

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SICC Account Relationship Matchups

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in SICC Stock

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

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SICC Income Before Tax vs Interest Income Analysis

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Interest Income

SICC fundamental ratios Correlations

SICC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in SICC Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Long Term Debt	+ 1.0	Net Debt
Capital Lease Obligations	+ 1.0	Accounts Payable
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Non Current Assets Total

Intangible Assets	- 0.99	Short Long Term Debt
Capital Stock	- 0.99	Short Long Term Debt
Long Term Debt	- 0.95	Accounts Payable
Accounts Payable	- 0.95	Net Debt
Capital Lease Obligations	- 0.94	Long Term Debt
Capital Lease Obligations	- 0.94	Net Debt