SICC Total Operating Expenses vs Net Income From Continuing Ops 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 Total Operating Expenses and its Net Income From Continuing Ops 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.
Total Operating Expenses vs Net Income From Continuing Ops
Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SICC Total Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SICC's Total Operating Expenses and Net Income From Continuing Ops is -0.15. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income From Continuing Ops 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 Total Operating Expenses and Net Income From Continuing Ops 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 SICC Co are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Operating Expenses i.e., SICC's Total Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Net Income From Continuing Ops
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 |
SICC fundamental ratios Correlations
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SICC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
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.