Sukhjit Ebit vs Operating Income Analysis

SUKHJITS

300.10 6.30 2.06%

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

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sukhjit Starch Chemicals Ebit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sukhjit Starch's Ebit and Operating Income is 0.98. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Sukhjit Starch Chemicals, assuming nothing else is changed. The correlation between historical values of Sukhjit Starch's Ebit 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 Ebit of Sukhjit Starch Chemicals 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 Ebit i.e., Sukhjit Starch's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Operating Income

Operating Income is the amount of profit realized from Sukhjit Starch Chemicals 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 Sukhjit Starch Chemicals 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 Sukhjit Starch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sukhjit Starch Chemicals 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 Sukhjit Starch Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Selling General Administrative is likely to drop to about 197.4 M in 2024. Tax Provision is likely to drop to about 161.7 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	282.8M	330.2M	379.7M	398.7M
Depreciation And Amortization	356.4M	348.3M	400.6M	420.6M

Interest Expense Depreciation And Amortization

Sukhjit Starch fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Term Investments	Intangible Assets	Current Deferred Revenue	Retained Earnings	Short Term Debt
Total Assets		0.97	0.48	0.96	0.99	0.98	0.97	-0.05	0.98	0.66	0.8	0.71	0.77	0.67	0.92	0.63	-0.05	0.99	0.95	0.8	0.91	0.81	-0.9	-0.42	0.01	0.89
Short Long Term Debt Total	0.97		0.46	0.91	0.92	0.98	1.0	-0.09	0.98	0.57	0.66	0.67	0.68	0.77	0.89	0.64	0.14	0.99	0.88	0.81	0.85	0.67	-0.8	-0.59	0.14	0.85
Other Current Liab	0.48	0.46		0.42	0.46	0.49	0.47	-0.34	0.5	0.35	0.41	0.38	0.29	0.45	0.39	0.27	-0.04	0.47	0.4	0.61	0.39	0.48	-0.58	-0.19	-0.01	0.46
Total Current Liabilities	0.96	0.91	0.42		0.97	0.89	0.91	-0.03	0.89	0.77	0.8	0.67	0.86	0.46	0.98	0.66	-0.04	0.92	0.99	0.65	0.94	0.82	-0.89	-0.31	-0.21	0.96
Total Stockholder Equity	0.99	0.92	0.46	0.97		0.94	0.92	-0.03	0.94	0.69	0.87	0.73	0.81	0.57	0.92	0.62	-0.17	0.95	0.97	0.74	0.93	0.88	-0.93	-0.3	-0.11	0.89
Property Plant And Equipment Net	0.98	0.98	0.49	0.89	0.94		0.98	-0.09	1.0	0.55	0.71	0.7	0.65	0.79	0.84	0.56	0.03	0.99	0.86	0.85	0.84	0.71	-0.84	-0.5	0.12	0.81
Net Debt	0.97	1.0	0.47	0.91	0.92	0.98		-0.14	0.98	0.57	0.65	0.67	0.66	0.77	0.89	0.63	0.14	0.99	0.87	0.82	0.84	0.67	-0.8	-0.59	0.14	0.85
Cash	-0.05	-0.09	-0.34	-0.03	-0.03	-0.09	-0.14		-0.09	0.06	0.07	-0.07	0.1	-0.09	-0.04	0.15	-0.07	-0.07	0.01	-0.1	-0.01	-0.06	-0.04	0.06	0.11	-0.07
Non Current Assets Total	0.98	0.98	0.5	0.89	0.94	1.0	0.98	-0.09		0.55	0.71	0.7	0.65	0.79	0.84	0.56	0.02	0.99	0.86	0.85	0.84	0.72	-0.84	-0.5	0.13	0.81
Non Currrent Assets Other	0.66	0.57	0.35	0.77	0.69	0.55	0.57	0.06	0.55		0.62	0.24	0.95	0.11	0.81	0.31	-0.13	0.61	0.77	0.37	0.88	0.69	-0.68	-0.03	-0.44	0.84
Cash And Short Term Investments	0.8	0.66	0.41	0.8	0.87	0.71	0.65	0.07	0.71	0.62		0.62	0.73	0.31	0.74	0.52	-0.6	0.72	0.87	0.61	0.78	0.99	-0.85	0.01	-0.22	0.71
Net Receivables	0.71	0.67	0.38	0.67	0.73	0.7	0.67	-0.07	0.7	0.24	0.62		0.34	0.56	0.58	0.58	-0.08	0.68	0.66	0.68	0.53	0.59	-0.75	-0.11	0.02	0.54
Common Stock Shares Outstanding	0.77	0.68	0.29	0.86	0.81	0.65	0.66	0.1	0.65	0.95	0.73	0.34		0.17	0.89	0.43	-0.18	0.71	0.88	0.41	0.94	0.77	-0.75	-0.09	-0.36	0.87
Non Current Liabilities Total	0.67	0.77	0.45	0.46	0.57	0.79	0.77	-0.09	0.79	0.11	0.31	0.56	0.17		0.43	0.42	0.21	0.75	0.43	0.89	0.42	0.3	-0.46	-0.69	0.6	0.37
Inventory	0.92	0.89	0.39	0.98	0.92	0.84	0.89	-0.04	0.84	0.81	0.74	0.58	0.89	0.43		0.67	0.03	0.9	0.97	0.6	0.95	0.77	-0.84	-0.37	-0.19	0.98
Other Current Assets	0.63	0.64	0.27	0.66	0.62	0.56	0.63	0.15	0.56	0.31	0.52	0.58	0.43	0.42	0.67		0.01	0.62	0.68	0.53	0.53	0.49	-0.56	-0.57	0.11	0.6
Other Stockholder Equity	-0.05	0.14	-0.04	-0.04	-0.17	0.03	0.14	-0.07	0.02	-0.13	-0.6	-0.08	-0.18	0.21	0.03	0.01		0.06	-0.17	-0.1	-0.11	-0.58	0.18	-0.47	0.23	0.05
Total Liab	0.99	0.99	0.47	0.92	0.95	0.99	0.99	-0.07	0.99	0.61	0.72	0.68	0.71	0.75	0.9	0.62	0.06		0.9	0.82	0.87	0.73	-0.84	-0.53	0.12	0.86
Total Current Assets	0.95	0.88	0.4	0.99	0.97	0.86	0.87	0.01	0.86	0.77	0.87	0.66	0.88	0.43	0.97	0.68	-0.17	0.9		0.64	0.94	0.88	-0.9	-0.27	-0.17	0.94
Common Stock	0.8	0.81	0.61	0.65	0.74	0.85	0.82	-0.1	0.85	0.37	0.61	0.68	0.41	0.89	0.6	0.53	-0.1	0.82	0.64		0.61	0.62	-0.65	-0.5	0.27	0.57
Accounts Payable	0.91	0.85	0.39	0.94	0.93	0.84	0.84	-0.01	0.84	0.88	0.78	0.53	0.94	0.42	0.95	0.53	-0.11	0.87	0.94	0.61		0.82	-0.87	-0.27	-0.21	0.94
Short Term Investments	0.81	0.67	0.48	0.82	0.88	0.71	0.67	-0.06	0.72	0.69	0.99	0.59	0.77	0.3	0.77	0.49	-0.58	0.73	0.88	0.62	0.82		-0.85	0.0	-0.27	0.76
Intangible Assets	-0.9	-0.8	-0.58	-0.89	-0.93	-0.84	-0.8	-0.04	-0.84	-0.68	-0.85	-0.75	-0.75	-0.46	-0.84	-0.56	0.18	-0.84	-0.9	-0.65	-0.87	-0.85		0.15	0.16	-0.85
Current Deferred Revenue	-0.42	-0.59	-0.19	-0.31	-0.3	-0.5	-0.59	0.06	-0.5	-0.03	0.01	-0.11	-0.09	-0.69	-0.37	-0.57	-0.47	-0.53	-0.27	-0.5	-0.27	0.0	0.15		-0.59	-0.33
Retained Earnings	0.01	0.14	-0.01	-0.21	-0.11	0.12	0.14	0.11	0.13	-0.44	-0.22	0.02	-0.36	0.6	-0.19	0.11	0.23	0.12	-0.17	0.27	-0.21	-0.27	0.16	-0.59		-0.29
Short Term Debt	0.89	0.85	0.46	0.96	0.89	0.81	0.85	-0.07	0.81	0.84	0.71	0.54	0.87	0.37	0.98	0.6	0.05	0.86	0.94	0.57	0.94	0.76	-0.85	-0.33	-0.29

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Sukhjit Starch Account Relationship Matchups

Sukhjit Starch fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.0B	8.5B	9.5B	10.2B	11.7B	12.3B
Short Long Term Debt Total	3.1B	2.9B	3.3B	3.4B	3.9B	4.1B
Other Current Liab	216.9M	291.2M	276.9M	283.3M	254.9M	193.6M
Total Current Liabilities	1.7B	2.2B	2.9B	3.3B	3.8B	4.0B
Total Stockholder Equity	3.3B	4.1B	4.7B	5.0B	5.8B	6.1B
Property Plant And Equipment Net	5.6B	5.6B	5.5B	5.6B	6.5B	6.8B
Net Debt	3.0B	2.8B	3.3B	3.3B	3.7B	3.9B
Cash	98.9M	94.3M	15.9M	125.3M	144.1M	98.4M
Non Current Assets Total	5.9B	5.8B	5.8B	5.9B	6.7B	7.1B
Non Currrent Assets Other	31.7M	29.8M	29.5M	249.4M	224.5M	235.7M
Cash And Short Term Investments	185.8M	753.4M	901.3M	953.4M	1.1B	1.2B
Net Receivables	820.3M	673.9M	1.0B	793.8M	912.8M	610.2M
Liabilities And Stockholders Equity	8.0B	8.5B	9.5B	10.2B	11.7B	12.3B
Non Current Liabilities Total	2.9B	2.2B	2.0B	1.9B	2.1B	1.4B
Inventory	1.0B	1.1B	1.8B	2.3B	2.7B	2.8B
Other Current Assets	58.7M	172.2M	274.5M	295.1M	339.3M	172.3M
Other Stockholder Equity	(2.4B)	2.7B	3.0B	250.1M	225.1M	213.8M
Total Liab	4.6B	4.4B	4.9B	5.2B	6.0B	6.3B
Total Current Assets	2.1B	2.7B	3.7B	4.4B	5.0B	5.3B
Accounts Payable	293.3M	296.4M	345.1M	526.9M	605.9M	636.2M
Short Term Investments	86.9M	659.1M	885.4M	934.3M	1.1B	1.1B
Intangible Assets	531K	408K	300K	157K	141.3K	134.2K
Retained Earnings	210.1M	46.7M	55.3M	30.0M	34.5M	32.8M
Accumulated Other Comprehensive Income	3.0B	3.7B	4.2B	4.6B	5.3B	5.5B
Short Term Debt	1.1B	1.4B	2.1B	2.4B	2.7B	2.9B

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Sukhjit Ebit vs Operating Income Analysis

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

Correlation Coefficient

Ebit

Operating Income

Sukhjit Starch fundamental ratios Correlations

Sukhjit Starch Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sukhjit Starch fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.99	Total Current Liabilities

Intangible Assets	- 0.93	Total Stockholder Equity
Intangible Assets	- 0.9	Total Current Assets
Intangible Assets	- 0.9	Total Assets
Intangible Assets	- 0.89	Total Current Liabilities
Intangible Assets	- 0.87	Accounts Payable
Short Term Debt	- 0.85	Intangible Assets