SICC Interest Income vs Operating 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 Interest Income and its Operating 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.

Interest Income vs Operating Income

Interest Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SICC Interest Income account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between SICC's Interest Income and Operating Income is 0.03. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Operating 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 Interest Income 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 Interest Income of SICC 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 Interest Income i.e., SICC's Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Operating Income

Operating Income is the amount of profit realized from SICC 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 SICC 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 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 Expense6.9K127.0K216.9K206.0K
Interest Income6.0M18.3M15.4M11.0M

SICC fundamental ratios Correlations

0.90.360.98-0.580.180.760.950.970.57-0.580.870.92-0.320.970.80.120.99-0.80.980.880.890.830.950.960.77
0.90.480.86-0.690.240.870.950.960.74-0.690.910.95-0.320.940.910.220.86-0.790.790.870.680.850.940.940.86
0.360.480.22-0.79-0.640.790.440.470.92-0.790.650.520.50.350.560.760.270.00.230.070.00.090.590.580.8
0.980.860.22-0.540.320.70.920.930.47-0.540.840.88-0.470.950.74-0.061.0-0.880.980.930.950.890.880.890.71
-0.58-0.69-0.79-0.540.13-0.95-0.62-0.63-0.931.0-0.9-0.730.07-0.6-0.64-0.23-0.540.52-0.5-0.52-0.4-0.58-0.68-0.68-0.94
0.180.24-0.640.320.13-0.090.130.15-0.290.130.050.21-0.820.30.0-0.760.25-0.660.20.590.40.60.00.02-0.11
0.760.870.790.7-0.95-0.090.820.830.95-0.950.970.88-0.090.780.830.350.71-0.610.660.660.520.680.870.871.0
0.950.950.440.92-0.620.130.820.970.64-0.620.890.88-0.350.920.940.20.92-0.780.890.860.780.820.950.950.82
0.970.960.470.93-0.630.150.830.970.69-0.630.90.96-0.230.980.870.270.94-0.760.90.840.770.80.990.990.84
0.570.740.920.47-0.93-0.290.950.640.69-0.930.860.770.190.620.70.550.5-0.350.440.410.260.440.760.760.95
-0.58-0.69-0.79-0.541.00.13-0.95-0.62-0.63-0.93-0.9-0.730.07-0.6-0.64-0.23-0.540.52-0.5-0.52-0.4-0.58-0.68-0.68-0.94
0.870.910.650.84-0.90.050.970.890.90.86-0.90.93-0.240.870.830.20.84-0.750.80.790.70.810.910.910.97
0.920.950.520.88-0.730.210.880.880.960.77-0.730.93-0.20.970.770.230.88-0.770.830.830.720.820.950.960.88
-0.32-0.320.5-0.470.07-0.82-0.09-0.35-0.230.190.07-0.24-0.2-0.32-0.270.8-0.40.77-0.38-0.7-0.58-0.73-0.1-0.11-0.06
0.970.940.350.95-0.60.30.780.920.980.62-0.60.870.97-0.320.770.120.95-0.830.910.90.830.860.950.960.79
0.80.910.560.74-0.640.00.830.940.870.7-0.640.830.77-0.270.770.340.74-0.630.690.710.540.70.870.860.82
0.120.220.76-0.06-0.23-0.760.350.20.270.55-0.230.20.230.80.120.340.010.41-0.02-0.28-0.3-0.320.390.370.37
0.990.860.271.0-0.540.250.710.920.940.5-0.540.840.88-0.40.950.740.01-0.840.990.90.940.860.90.910.72
-0.8-0.790.0-0.880.52-0.66-0.61-0.78-0.76-0.350.52-0.75-0.770.77-0.83-0.630.41-0.84-0.8-0.99-0.87-0.99-0.66-0.68-0.6
0.980.790.230.98-0.50.20.660.890.90.44-0.50.80.83-0.380.910.69-0.020.99-0.80.860.960.810.870.880.67
0.880.870.070.93-0.520.590.660.860.840.41-0.520.790.83-0.70.90.71-0.280.9-0.990.860.890.990.760.780.65
0.890.680.00.95-0.40.40.520.780.770.26-0.40.70.72-0.580.830.54-0.30.94-0.870.960.890.850.710.730.53
0.830.850.090.89-0.580.60.680.820.80.44-0.580.810.82-0.730.860.7-0.320.86-0.990.810.990.850.720.740.67
0.950.940.590.88-0.680.00.870.950.990.76-0.680.910.95-0.10.950.870.390.9-0.660.870.760.710.721.00.88
0.960.940.580.89-0.680.020.870.950.990.76-0.680.910.96-0.110.960.860.370.91-0.680.880.780.730.741.00.88
0.770.860.80.71-0.94-0.111.00.820.840.95-0.940.970.88-0.060.790.820.370.72-0.60.670.650.530.670.880.88
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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.