Sims Net Income From Continuing Ops vs Interest Expense Analysis

SGM Stock   12.98  0.08  0.62%   
Sims financial indicator trend analysis is much more than just breaking down Sims prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sims is a good investment. Please check the relationship between Sims Net Income From Continuing Ops and its Interest Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sims. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income From Continuing Ops vs Interest Expense

Net Income From Continuing Ops vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sims Net Income From Continuing Ops account and Interest Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Sims' Net Income From Continuing Ops and Interest Expense is 0.01. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Sims, assuming nothing else is changed. The correlation between historical values of Sims' Net Income From Continuing Ops and Interest Expense 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 Sims are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income From Continuing Ops i.e., Sims' Net Income From Continuing Ops and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Sims' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sims 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sims. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Discontinued Operations is likely to gain to about 120.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 510.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense36.5M35.4M71.6M75.2M
Depreciation And Amortization222.3M224.9M231.6M243.2M

Sims fundamental ratios Correlations

0.790.840.930.750.950.740.65-0.020.680.20.990.010.350.730.150.760.660.940.890.980.070.81-0.260.470.42
0.790.810.830.310.750.630.950.30.3-0.180.790.140.00.340.080.860.350.940.910.760.560.33-0.33-0.070.21
0.840.810.960.380.760.940.730.060.290.010.830.230.230.490.170.860.270.910.840.880.270.58-0.250.090.26
0.930.830.960.540.830.880.740.110.520.020.920.220.210.650.170.880.510.960.880.960.180.67-0.260.230.38
0.750.310.380.540.750.350.13-0.260.850.460.73-0.260.570.88-0.230.270.830.540.530.71-0.360.82-0.170.870.34
0.950.750.760.830.750.640.56-0.220.570.360.92-0.240.490.620.080.590.530.880.890.880.060.78-0.410.510.17
0.740.630.940.880.350.640.530.080.210.130.720.210.340.450.180.750.210.770.670.820.060.54-0.110.070.33
0.650.950.730.740.130.560.530.420.22-0.470.680.37-0.30.250.110.890.280.850.760.630.70.2-0.2-0.210.28
-0.020.30.060.11-0.26-0.220.080.420.02-0.490.00.48-0.47-0.130.070.390.130.140.080.040.23-0.470.07-0.60.37
0.680.30.290.520.850.570.210.220.020.120.670.020.160.88-0.050.340.970.50.470.67-0.310.69-0.130.730.5
0.2-0.180.010.020.460.360.13-0.47-0.490.120.1-0.760.940.15-0.07-0.380.060.00.160.18-0.650.33-0.310.45-0.29
0.990.790.830.920.730.920.720.680.00.670.10.110.250.710.190.80.660.930.850.950.140.81-0.20.460.48
0.010.140.230.22-0.26-0.240.210.370.480.02-0.760.11-0.660.060.260.560.040.1-0.080.10.43-0.040.38-0.280.52
0.350.00.230.210.570.490.34-0.3-0.470.160.940.25-0.660.32-0.27-0.170.120.180.310.34-0.540.41-0.320.48-0.26
0.730.340.490.650.880.620.450.25-0.130.880.150.710.060.32-0.270.440.870.570.510.75-0.260.78-0.080.770.44
0.150.080.170.17-0.230.080.180.110.07-0.05-0.070.190.26-0.27-0.270.23-0.110.120.040.150.070.180.18-0.180.38
0.760.860.860.880.270.590.750.890.390.34-0.380.80.56-0.170.440.230.380.860.720.790.50.43-0.02-0.040.54
0.660.350.270.510.830.530.210.280.130.970.060.660.040.120.87-0.110.380.510.460.65-0.210.62-0.030.670.58
0.940.940.910.960.540.880.770.850.140.50.00.930.10.180.570.120.860.510.950.930.320.6-0.330.190.31
0.890.910.840.880.530.890.670.760.080.470.160.85-0.080.310.510.040.720.460.950.870.290.51-0.520.170.08
0.980.760.880.960.710.880.820.630.040.670.180.950.10.340.750.150.790.650.930.870.030.78-0.240.420.45
0.070.560.270.18-0.360.060.060.70.23-0.31-0.650.140.43-0.54-0.260.070.5-0.210.320.290.03-0.20.06-0.450.0
0.810.330.580.670.820.780.540.2-0.470.690.330.81-0.040.410.780.180.430.620.60.510.78-0.2-0.020.820.44
-0.26-0.33-0.25-0.26-0.17-0.41-0.11-0.20.07-0.13-0.31-0.20.38-0.32-0.080.18-0.02-0.03-0.33-0.52-0.240.06-0.020.020.62
0.47-0.070.090.230.870.510.07-0.21-0.60.730.450.46-0.280.480.77-0.18-0.040.670.190.170.42-0.450.820.020.25
0.420.210.260.380.340.170.330.280.370.5-0.290.480.52-0.260.440.380.540.580.310.080.450.00.440.620.25
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Sims Account Relationship Matchups

Sims fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.7B4.4B4.7B4.9B5.1B
Short Long Term Debt Total480.4M557.1M701.7M804.8M949.3M996.8M
Other Current Liab217.7M342M422.4M445.3M792M831.6M
Total Current Liabilities535.6M850.7M1.0B1.1B1.4B1.5B
Total Stockholder Equity2.0B2.1B2.5B2.7B2.6B1.5B
Property Plant And Equipment Net1.5B1.4B1.6B1.7B1.6B1.7B
Current Deferred Revenue18.9M31.6M45M61.6M111.1M116.7M
Net Debt253.1M316.8M448.9M496.1M856.2M899.0M
Retained Earnings(1.0B)(821.6M)(371.4M)(349M)(478.6M)(454.7M)
Accounts Payable223.9M392.4M454M471.2M363.9M282.2M
Cash227.3M240.3M252.8M308.7M93.1M132.8M
Non Current Assets Total1.9B1.9B2.4B2.5B2.8B2.9B
Non Currrent Assets Other(221.9M)(134.7M)(161M)(145.7M)57.8M60.7M
Cash And Short Term Investments243.1M254.1M267.5M329.8M280.8M143.7M
Net Receivables269.6M467.9M498.9M478.9M617.3M340.4M
Liabilities And Stockholders Equity3.2B3.7B4.4B4.7B4.9B5.1B
Non Current Liabilities Total116.9M232M355.5M444.2M912.7M958.3M
Inventory334.3M639.5M763.8M707.6M603.7M399.3M
Total Liab1.2B1.6B1.9B2.0B2.3B2.5B
Property Plant And Equipment Gross1.5B2.7B3.0B3.3B3.0B3.2B
Total Current Assets974.8M1.5B1.8B2.0B2.1B2.2B
Short Term Debt(64.8M)70.5M68.5M(12.8M)73.5M77.2M
Accumulated Other Comprehensive Income266.9M212.9M325.7M430.1M448M470.4M
Common Stock2.7B2.7B2.6B2.6B2.6B1.6B
Good Will59.3M79.9M102.5M111.3M197.8M286.0M
Intangible Assets700K13.1M30.7M36.7M103.5M130.2M
Short Term Investments14.1M3M700K1.2M187.7M197.1M
Other Current Assets127.8M171.8M241.8M445.1M618.9M649.8M
Other Liab278.3M289.4M249.7M232.8M267.7M281.1M
Other Assets344.3M239.5M261.3M248.8M1.00.95
Long Term Debt116.9M232M355.5M444.2M505M530.3M
Property Plant Equipment1.5B1.4B1.6B1.7B2.0B2.1B
Net Tangible Assets1.9B2.0B2.4B2.5B2.9B2.1B
Long Term Investments362.7M452.1M693.4M632.5M613.4M419.3M
Long Term Debt Total409.9M488.6M627M722.7M831.1M872.7M

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