PriceSmart Operating Income vs Net Income Analysis

PSMT Stock

USD 89.88 0.57 0.63%

PriceSmart financial indicator trend analysis is much more than just breaking down PriceSmart prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PriceSmart is a good investment. Please check the relationship between PriceSmart Operating Income and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PriceSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy PriceSmart Stock please use our How to Invest in PriceSmart guide.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PriceSmart Operating Income account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between PriceSmart's Operating Income and Net Income is 0.88. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of PriceSmart, assuming nothing else is changed. The correlation between historical values of PriceSmart's Operating Income and Net 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 Operating Income of PriceSmart are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., PriceSmart's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from PriceSmart 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 PriceSmart 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in PriceSmart financial statement analysis. It represents the amount of money remaining after all of PriceSmart operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from PriceSmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PriceSmart 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PriceSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy PriceSmart Stock please use our How to Invest in PriceSmart guide.At this time, PriceSmart's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Discontinued Operations is likely to drop (30.2 K) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	681.1M	759.3M	846.9M	889.3M
Total Revenue	4.1B	4.4B	4.9B	5.2B

Gross Profit Total Revenue

PriceSmart fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Short Long Term Debt Total	Short Term Debt	Short Term Investments	Other Assets	Long Term Debt
Common Stock Shares Outstanding		0.49	0.47	0.49	0.5	0.46	0.5	0.47	0.14	0.16	0.4	0.5	0.04	0.97	0.47	0.26	0.52	0.11	0.26	0.48	0.48	0.37	0.36	-0.03	0.4	0.51
Total Assets	0.49		0.95	0.99	0.99	1.0	0.99	1.0	0.5	0.9	0.93	0.97	0.73	0.65	0.99	0.92	0.99	0.82	0.96	0.52	0.69	0.91	0.67	0.76	0.59	0.76
Other Current Liab	0.47	0.95		0.94	0.93	0.95	0.95	0.95	0.46	0.84	0.92	0.9	0.68	0.63	0.95	0.85	0.93	0.84	0.89	0.47	0.65	0.88	0.59	0.76	0.55	0.75
Total Current Liabilities	0.49	0.99	0.94		0.98	0.99	1.0	0.99	0.47	0.9	0.92	0.96	0.7	0.64	0.99	0.92	0.99	0.81	0.94	0.53	0.69	0.91	0.69	0.76	0.62	0.74
Total Stockholder Equity	0.5	0.99	0.93	0.98		0.99	0.99	0.99	0.47	0.88	0.88	0.99	0.72	0.65	0.96	0.92	0.98	0.8	0.96	0.45	0.62	0.85	0.6	0.75	0.51	0.72
Property Plant And Equipment Net	0.46	1.0	0.95	0.99	0.99		0.99	1.0	0.48	0.91	0.91	0.97	0.72	0.62	0.98	0.93	0.98	0.84	0.97	0.48	0.65	0.89	0.66	0.78	0.58	0.74
Accounts Payable	0.5	0.99	0.95	1.0	0.99	0.99		0.99	0.46	0.9	0.91	0.98	0.71	0.64	0.99	0.93	0.99	0.81	0.94	0.5	0.66	0.89	0.64	0.76	0.57	0.73
Non Current Assets Total	0.47	1.0	0.95	0.99	0.99	1.0	0.99		0.49	0.9	0.92	0.97	0.72	0.63	0.98	0.92	0.98	0.84	0.97	0.48	0.65	0.9	0.66	0.77	0.58	0.74
Non Currrent Assets Other	0.14	0.5	0.46	0.47	0.47	0.48	0.46	0.49		0.46	0.62	0.43	0.59	0.29	0.53	0.41	0.51	0.4	0.53	0.53	0.67	0.6	0.54	0.38	0.43	0.66
Net Receivables	0.16	0.9	0.84	0.9	0.88	0.91	0.9	0.9	0.46		0.84	0.87	0.83	0.33	0.9	0.95	0.88	0.87	0.93	0.34	0.56	0.83	0.58	0.89	0.49	0.63
Non Current Liabilities Total	0.4	0.93	0.92	0.92	0.88	0.91	0.91	0.92	0.62	0.84		0.83	0.72	0.59	0.96	0.8	0.93	0.79	0.87	0.69	0.82	0.99	0.77	0.72	0.73	0.89
Inventory	0.5	0.97	0.9	0.96	0.99	0.97	0.98	0.97	0.43	0.87	0.83		0.71	0.64	0.94	0.92	0.96	0.8	0.93	0.37	0.53	0.79	0.52	0.72	0.42	0.64
Other Current Assets	0.04	0.73	0.68	0.7	0.72	0.72	0.71	0.72	0.59	0.83	0.72	0.71		0.21	0.72	0.84	0.73	0.72	0.78	0.25	0.49	0.66	0.32	0.84	0.26	0.6
Other Stockholder Equity	0.97	0.65	0.63	0.64	0.65	0.62	0.64	0.63	0.29	0.33	0.59	0.64	0.21		0.63	0.4	0.67	0.26	0.44	0.6	0.61	0.55	0.49	0.11	0.5	0.66
Total Liab	0.47	0.99	0.95	0.99	0.96	0.98	0.99	0.98	0.53	0.9	0.96	0.94	0.72	0.63		0.9	0.99	0.82	0.94	0.59	0.74	0.95	0.73	0.76	0.66	0.8
Property Plant And Equipment Gross	0.26	0.92	0.85	0.92	0.92	0.93	0.93	0.92	0.41	0.95	0.8	0.92	0.84	0.4	0.9		0.91	0.86	0.93	0.27	0.5	0.78	0.49	0.9	0.43	0.58
Total Current Assets	0.52	0.99	0.93	0.99	0.98	0.98	0.99	0.98	0.51	0.88	0.93	0.96	0.73	0.67	0.99	0.91		0.77	0.93	0.58	0.72	0.91	0.67	0.73	0.6	0.78
Net Debt	0.11	0.82	0.84	0.81	0.8	0.84	0.81	0.84	0.4	0.87	0.79	0.8	0.72	0.26	0.82	0.86	0.77		0.85	0.12	0.37	0.77	0.46	0.88	0.44	0.53
Retained Earnings	0.26	0.96	0.89	0.94	0.96	0.97	0.94	0.97	0.53	0.93	0.87	0.93	0.78	0.44	0.94	0.93	0.93	0.85		0.4	0.6	0.85	0.62	0.83	0.5	0.68
Cash	0.48	0.52	0.47	0.53	0.45	0.48	0.5	0.48	0.53	0.34	0.69	0.37	0.25	0.6	0.59	0.27	0.58	0.12	0.4		0.93	0.72	0.82	0.13	0.78	0.79
Cash And Short Term Investments	0.48	0.69	0.65	0.69	0.62	0.65	0.66	0.65	0.67	0.56	0.82	0.53	0.49	0.61	0.74	0.5	0.72	0.37	0.6	0.93		0.84	0.86	0.42	0.84	0.9
Short Long Term Debt Total	0.37	0.91	0.88	0.91	0.85	0.89	0.89	0.9	0.6	0.83	0.99	0.79	0.66	0.55	0.95	0.78	0.91	0.77	0.85	0.72	0.84		0.84	0.7	0.8	0.86
Short Term Debt	0.36	0.67	0.59	0.69	0.6	0.66	0.64	0.66	0.54	0.58	0.77	0.52	0.32	0.49	0.73	0.49	0.67	0.46	0.62	0.82	0.86	0.84		0.39	0.95	0.72
Short Term Investments	-0.03	0.76	0.76	0.76	0.75	0.78	0.76	0.77	0.38	0.89	0.72	0.72	0.84	0.11	0.76	0.9	0.73	0.88	0.83	0.13	0.42	0.7	0.39		0.39	0.49
Other Assets	0.4	0.59	0.55	0.62	0.51	0.58	0.57	0.58	0.43	0.49	0.73	0.42	0.26	0.5	0.66	0.43	0.6	0.44	0.5	0.78	0.84	0.8	0.95	0.39		0.73
Long Term Debt	0.51	0.76	0.75	0.74	0.72	0.74	0.73	0.74	0.66	0.63	0.89	0.64	0.6	0.66	0.8	0.58	0.78	0.53	0.68	0.79	0.9	0.86	0.72	0.49	0.73

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PriceSmart Account Relationship Matchups

PriceSmart fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	30.3M	30.4M	30.6M	30.8M	30.0M	22.7M
Total Assets	1.7B	1.7B	1.8B	2.0B	2.0B	2.1B
Other Current Liab	78.4M	112.6M	75.3M	95.1M	98.3M	103.2M
Total Current Liabilities	568.3M	533.6M	579.5M	634.5M	680.1M	714.2M
Total Stockholder Equity	831.7M	915.3M	991.1M	1.1B	1.1B	1.2B
Property Plant And Equipment Net	811.8M	853.9M	869.1M	964.5M	1.0B	1.1B
Accounts Payable	373.2M	388.8M	408.4M	453.2M	486.0M	510.3M
Non Current Assets Total	957.8M	1.0B	1.0B	1.1B	1.2B	1.2B
Non Currrent Assets Other	58.4M	67.1M	82.8M	78.3M	71.1M	43.7M
Net Receivables	13.2M	12.4M	13.4M	17.9M	18.8M	19.8M
Liabilities And Stockholders Equity	1.7B	1.7B	1.8B	2.0B	2.0B	2.1B
Non Current Liabilities Total	255.8M	256.0M	237.9M	264.1M	219.6M	230.6M
Inventory	309.5M	389.7M	464.4M	471.4M	528.7M	555.1M
Other Current Assets	30.2M	42.8M	46.9M	90.1M	59.3M	62.3M
Other Stockholder Equity	426.0M	438.9M	449.8M	453.5M	397.3M	335.4M
Total Liab	824.1M	789.6M	817.3M	898.6M	899.7M	944.7M
Property Plant And Equipment Gross	811.8M	730.2M	869.1M	1.5B	1.6B	1.7B
Total Current Assets	699.0M	697.2M	773.6M	877.1M	832.3M	874.0M
Accumulated Other Comprehensive Income	(176.8M)	(182.5M)	(195.6M)	(164.0M)	(164.6M)	(156.4M)
Net Debt	30.5M	65.2M	36.2M	38.2M	124.3M	130.5M
Retained Earnings	582.5M	658.9M	736.9M	817.6M	890.3M	934.8M
Cash	299.5M	202.1M	237.7M	240.0M	125.4M	107.0M
Cash And Short Term Investments	346.0M	252.3M	248.9M	331.1M	225.5M	121.8M
Short Long Term Debt Total	330.0M	267.3M	273.9M	278.2M	249.6M	262.1M
Short Term Debt	93.2M	36.4M	59.3M	44.1M	51.3M	26.0M
Short Term Investments	46.5M	50.2M	11.2M	91.1M	100.2M	105.2M
Other Assets	64.0M	210.2M	88.9M	99.3M	114.2M	60.0M
Long Term Debt	112.6M	110.1M	103.6M	119.5M	94.4M	78.5M
Good Will	45.2M	45.1M	43.3M	43.1M	43.2M	38.8M
Treasury Stock	(39.1M)	(38.7M)	(28.4M)	(26.1M)	(23.5M)	(24.6M)
Intangible Assets	12.6M	10.2M	7.8M	765K	688.5K	654.1K
Property Plant Equipment	671.2M	692.3M	853.9M	869.1M	999.4M	1.0B
Current Deferred Revenue	23.5M	26.9M	29.2M	32.6M	38.1M	40.0M
Other Liab	24.1M	14.3M	13.6M	15.8M	18.2M	11.7M
Noncontrolling Interest In Consolidated Entity	636K	928K	1.0M	869K	999.4K	1.0M
Retained Earnings Total Equity	474.0M	525.8M	582.5M	658.9M	757.8M	795.6M
Deferred Long Term Liab	10.8M	13.2M	1.7M	1.6M	1.8M	1.7M
Net Tangible Assets	797.4M	831.7M	862.5M	947.0M	1.1B	755.8M

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