Sims Selling And Marketing Expenses vs Operating Income Analysis

SGM Stock   13.07  0.27  2.11%   
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 Selling And Marketing Expenses and its Operating Income 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.

Selling And Marketing Expenses vs Operating Income

Selling And Marketing Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sims Selling And Marketing Expenses account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sims' Selling And Marketing Expenses and Operating Income is -0.04. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Sims, assuming nothing else is changed. The correlation between historical values of Sims' Selling And Marketing Expenses 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 Selling And Marketing Expenses of Sims 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 Selling And Marketing Expenses i.e., Sims' Selling And Marketing Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling And Marketing Expenses

Operating Income

Operating Income is the amount of profit realized from Sims 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 Sims 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 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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