Sukhjit Operating Income vs Cost Of Revenue Analysis

SUKHJITS   303.80  10.55  3.60%   
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 Operating Income and its Cost Of Revenue 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sukhjit Starch Chemicals Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sukhjit Starch's Operating Income and Cost Of Revenue is 0.73. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue 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 Operating Income and Cost Of Revenue 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 Sukhjit Starch Chemicals are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Sukhjit Starch's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Cost Of Revenue

Cost of Revenue is found on Sukhjit Starch Chemicals income statement and represents the costs associated with goods and services Sukhjit Starch provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Expense282.8M330.2M379.7M398.7M
Depreciation And Amortization356.4M348.3M400.6M420.6M

Sukhjit Starch fundamental ratios Correlations

0.970.480.960.990.980.97-0.050.980.660.80.710.770.670.920.63-0.050.990.950.80.910.81-0.9-0.420.010.89
0.970.460.910.920.981.0-0.090.980.570.660.670.680.770.890.640.140.990.880.810.850.67-0.8-0.590.140.85
0.480.460.420.460.490.47-0.340.50.350.410.380.290.450.390.27-0.040.470.40.610.390.48-0.58-0.19-0.010.46
0.960.910.420.970.890.91-0.030.890.770.80.670.860.460.980.66-0.040.920.990.650.940.82-0.89-0.31-0.210.96
0.990.920.460.970.940.92-0.030.940.690.870.730.810.570.920.62-0.170.950.970.740.930.88-0.93-0.3-0.110.89
0.980.980.490.890.940.98-0.091.00.550.710.70.650.790.840.560.030.990.860.850.840.71-0.84-0.50.120.81
0.971.00.470.910.920.98-0.140.980.570.650.670.660.770.890.630.140.990.870.820.840.67-0.8-0.590.140.85
-0.05-0.09-0.34-0.03-0.03-0.09-0.14-0.090.060.07-0.070.1-0.09-0.040.15-0.07-0.070.01-0.1-0.01-0.06-0.040.060.11-0.07
0.980.980.50.890.941.00.98-0.090.550.710.70.650.790.840.560.020.990.860.850.840.72-0.84-0.50.130.81
0.660.570.350.770.690.550.570.060.550.620.240.950.110.810.31-0.130.610.770.370.880.69-0.68-0.03-0.440.84
0.80.660.410.80.870.710.650.070.710.620.620.730.310.740.52-0.60.720.870.610.780.99-0.850.01-0.220.71
0.710.670.380.670.730.70.67-0.070.70.240.620.340.560.580.58-0.080.680.660.680.530.59-0.75-0.110.020.54
0.770.680.290.860.810.650.660.10.650.950.730.340.170.890.43-0.180.710.880.410.940.77-0.75-0.09-0.360.87
0.670.770.450.460.570.790.77-0.090.790.110.310.560.170.430.420.210.750.430.890.420.3-0.46-0.690.60.37
0.920.890.390.980.920.840.89-0.040.840.810.740.580.890.430.670.030.90.970.60.950.77-0.84-0.37-0.190.98
0.630.640.270.660.620.560.630.150.560.310.520.580.430.420.670.010.620.680.530.530.49-0.56-0.570.110.6
-0.050.14-0.04-0.04-0.170.030.14-0.070.02-0.13-0.6-0.08-0.180.210.030.010.06-0.17-0.1-0.11-0.580.18-0.470.230.05
0.990.990.470.920.950.990.99-0.070.990.610.720.680.710.750.90.620.060.90.820.870.73-0.84-0.530.120.86
0.950.880.40.990.970.860.870.010.860.770.870.660.880.430.970.68-0.170.90.640.940.88-0.9-0.27-0.170.94
0.80.810.610.650.740.850.82-0.10.850.370.610.680.410.890.60.53-0.10.820.640.610.62-0.65-0.50.270.57
0.910.850.390.940.930.840.84-0.010.840.880.780.530.940.420.950.53-0.110.870.940.610.82-0.87-0.27-0.210.94
0.810.670.480.820.880.710.67-0.060.720.690.990.590.770.30.770.49-0.580.730.880.620.82-0.850.0-0.270.76
-0.9-0.8-0.58-0.89-0.93-0.84-0.8-0.04-0.84-0.68-0.85-0.75-0.75-0.46-0.84-0.560.18-0.84-0.9-0.65-0.87-0.850.150.16-0.85
-0.42-0.59-0.19-0.31-0.3-0.5-0.590.06-0.5-0.030.01-0.11-0.09-0.69-0.37-0.57-0.47-0.53-0.27-0.5-0.270.00.15-0.59-0.33
0.010.14-0.01-0.21-0.110.120.140.110.13-0.44-0.220.02-0.360.6-0.190.110.230.12-0.170.27-0.21-0.270.16-0.59-0.29
0.890.850.460.960.890.810.85-0.070.810.840.710.540.870.370.980.60.050.860.940.570.940.76-0.85-0.33-0.29
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Sukhjit Starch Account Relationship Matchups

Sukhjit Starch fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B8.5B9.5B10.2B11.7B12.3B
Short Long Term Debt Total3.1B2.9B3.3B3.4B3.9B4.1B
Other Current Liab216.9M291.2M276.9M283.3M254.9M193.6M
Total Current Liabilities1.7B2.2B2.9B3.3B3.8B4.0B
Total Stockholder Equity3.3B4.1B4.7B5.0B5.8B6.1B
Property Plant And Equipment Net5.6B5.6B5.5B5.6B6.5B6.8B
Net Debt3.0B2.8B3.3B3.3B3.7B3.9B
Cash98.9M94.3M15.9M125.3M144.1M98.4M
Non Current Assets Total5.9B5.8B5.8B5.9B6.7B7.1B
Non Currrent Assets Other31.7M29.8M29.5M249.4M224.5M235.7M
Cash And Short Term Investments185.8M753.4M901.3M953.4M1.1B1.2B
Net Receivables820.3M673.9M1.0B793.8M912.8M610.2M
Liabilities And Stockholders Equity8.0B8.5B9.5B10.2B11.7B12.3B
Non Current Liabilities Total2.9B2.2B2.0B1.9B2.1B1.4B
Inventory1.0B1.1B1.8B2.3B2.7B2.8B
Other Current Assets58.7M172.2M274.5M295.1M339.3M172.3M
Other Stockholder Equity(2.4B)2.7B3.0B250.1M225.1M213.8M
Total Liab4.6B4.4B4.9B5.2B6.0B6.3B
Total Current Assets2.1B2.7B3.7B4.4B5.0B5.3B
Accounts Payable293.3M296.4M345.1M526.9M605.9M636.2M
Short Term Investments86.9M659.1M885.4M934.3M1.1B1.1B
Intangible Assets531K408K300K157K141.3K134.2K
Retained Earnings210.1M46.7M55.3M30.0M34.5M32.8M
Accumulated Other Comprehensive Income3.0B3.7B4.2B4.6B5.3B5.5B
Short Term Debt1.1B1.4B2.1B2.4B2.7B2.9B

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