Allmed Operating Income vs Interest Income Analysis

002950 Stock

9.00 0.01 0.11%

Allmed Medical financial indicator trend analysis is way more than just evaluating Allmed Medical Products prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allmed Medical Products is a good investment. Please check the relationship between Allmed Medical Operating Income and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allmed Medical Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Operating Income vs Interest Income

Operating Income vs Interest Income Correlation Analysis

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

The correlation between Allmed Medical's Operating Income and Interest Income is 0.89. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of Allmed Medical Products, assuming nothing else is changed. The correlation between historical values of Allmed Medical's Operating Income and Interest 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 Allmed Medical Products are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Operating Income i.e., Allmed Medical's Operating Income and Interest Income go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Allmed Medical Products 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 Allmed Medical Products 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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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

The current year's Tax Provision is expected to grow to about 84.1 M. The current year's Selling General Administrative is expected to grow to about 151.3 M

	2021	2022	2023	2024 (projected)
Gross Profit	881.5M	1.4B	768.6M	994.9M
Total Revenue	2.9B	4.2B	2.8B	2.9B

Gross Profit Total Revenue

Allmed Medical fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Liab	Other Liab	Net Tangible Assets	Net Debt	Other Assets	Long Term Debt	Common Stock Shares Outstanding	Other Stockholder Equity
Total Assets		0.93	0.98	0.99	0.72	0.63	0.97	-0.49	0.83	0.71	0.89	0.95	0.15	0.96	0.82	0.93	0.87	0.9	0.15	0.92	0.97	0.06	0.61	-0.52	0.84	-0.96
Total Current Liabilities	0.93		0.85	0.88	0.82	0.62	0.9	-0.37	0.73	0.78	0.76	0.84	0.03	0.98	0.84	0.86	0.7	0.82	0.16	0.83	0.81	0.16	0.56	-0.56	0.62	-0.93
Total Stockholder Equity	0.98	0.85		0.99	0.65	0.64	0.95	-0.55	0.81	0.67	0.86	0.93	0.15	0.9	0.76	0.92	0.87	0.86	0.14	0.93	0.99	-0.03	0.65	-0.53	0.9	-0.93
Retained Earnings	0.99	0.88	0.99		0.62	0.7	0.94	-0.46	0.8	0.63	0.87	0.93	0.19	0.93	0.83	0.95	0.88	0.89	0.23	0.91	0.99	0.06	0.64	-0.54	0.86	-0.94
Accounts Payable	0.72	0.82	0.65	0.62		0.18	0.77	-0.48	0.59	0.97	0.54	0.65	-0.2	0.77	0.39	0.55	0.47	0.54	-0.29	0.68	0.57	-0.16	0.46	-0.45	0.47	-0.7
Cash	0.63	0.62	0.64	0.7	0.18		0.44	0.01	0.29	0.23	0.44	0.53	0.29	0.59	0.8	0.83	0.47	0.59	0.69	0.45	0.67	0.14	0.43	-0.66	0.42	-0.6
Non Current Assets Total	0.97	0.9	0.95	0.94	0.77	0.44		-0.56	0.83	0.76	0.86	0.9	-0.01	0.94	0.72	0.8	0.83	0.85	-0.04	0.97	0.92	0.04	0.67	-0.46	0.86	-0.95
Non Currrent Assets Other	-0.49	-0.37	-0.55	-0.46	-0.48	0.01	-0.56		-0.5	-0.56	-0.33	-0.46	0.27	-0.38	-0.1	-0.34	-0.43	-0.2	0.55	-0.56	-0.52	0.33	-0.39	0.19	-0.72	0.53
Net Receivables	0.83	0.73	0.81	0.8	0.59	0.29	0.83	-0.5		0.5	0.88	0.93	0.23	0.82	0.61	0.74	0.81	0.8	0.07	0.78	0.79	-0.04	0.31	-0.21	0.71	-0.79
Short Term Investments	0.71	0.78	0.67	0.63	0.97	0.23	0.76	-0.56	0.5		0.48	0.61	-0.2	0.73	0.36	0.56	0.47	0.48	-0.34	0.68	0.59	-0.19	0.51	-0.48	0.52	-0.68
Non Current Liabilities Total	0.89	0.76	0.86	0.87	0.54	0.44	0.86	-0.33	0.88	0.48		0.96	0.4	0.88	0.76	0.82	0.91	0.97	0.11	0.76	0.84	0.19	0.32	-0.19	0.76	-0.8
Inventory	0.95	0.84	0.93	0.93	0.65	0.53	0.9	-0.46	0.93	0.61	0.96		0.33	0.93	0.76	0.91	0.91	0.92	0.14	0.82	0.91	0.03	0.39	-0.35	0.79	-0.87
Other Current Assets	0.15	0.03	0.15	0.19	-0.2	0.29	-0.01	0.27	0.23	-0.2	0.4	0.33		0.15	0.31	0.36	0.51	0.34	0.4	-0.12	0.19	0.41	-0.53	0.43	0.0	0.09
Total Liab	0.96	0.98	0.9	0.93	0.77	0.59	0.94	-0.38	0.82	0.73	0.88	0.93	0.15		0.86	0.89	0.81	0.91	0.16	0.85	0.87	0.18	0.51	-0.47	0.7	-0.94
Short Long Term Debt	0.82	0.84	0.76	0.83	0.39	0.8	0.72	-0.1	0.61	0.36	0.76	0.76	0.31	0.86		0.86	0.73	0.86	0.5	0.67	0.76	0.48	0.4	-0.41	0.55	-0.81
Total Current Assets	0.93	0.86	0.92	0.95	0.55	0.83	0.8	-0.34	0.74	0.56	0.82	0.91	0.36	0.89	0.86		0.82	0.86	0.39	0.75	0.92	0.07	0.45	-0.54	0.72	-0.85
Short Term Debt	0.87	0.7	0.87	0.88	0.47	0.47	0.83	-0.43	0.81	0.47	0.91	0.91	0.51	0.81	0.73	0.82		0.83	0.13	0.77	0.88	0.28	0.3	-0.08	0.78	-0.73
Intangible Assets	0.9	0.82	0.86	0.89	0.54	0.59	0.85	-0.2	0.8	0.48	0.97	0.92	0.34	0.91	0.86	0.86	0.83		0.24	0.76	0.84	0.22	0.41	-0.36	0.72	-0.84
Other Current Liab	0.15	0.16	0.14	0.23	-0.29	0.69	-0.04	0.55	0.07	-0.34	0.11	0.14	0.4	0.16	0.5	0.39	0.13	0.24		0.04	0.21	0.25	0.06	-0.29	-0.12	-0.11
Other Liab	0.92	0.83	0.93	0.91	0.68	0.45	0.97	-0.56	0.78	0.68	0.76	0.82	-0.12	0.85	0.67	0.75	0.77	0.76	0.04		0.92	-0.01	0.79	-0.52	0.87	-0.93
Net Tangible Assets	0.97	0.81	0.99	0.99	0.57	0.67	0.92	-0.52	0.79	0.59	0.84	0.91	0.19	0.87	0.76	0.92	0.88	0.84	0.21	0.92		-0.01	0.65	-0.52	0.9	-0.91
Net Debt	0.06	0.16	-0.03	0.06	-0.16	0.14	0.04	0.33	-0.04	-0.19	0.19	0.03	0.41	0.18	0.48	0.07	0.28	0.22	0.25	-0.01	-0.01		-0.24	0.45	-0.13	-0.02
Other Assets	0.61	0.56	0.65	0.64	0.46	0.43	0.67	-0.39	0.31	0.51	0.32	0.39	-0.53	0.51	0.4	0.45	0.3	0.41	0.06	0.79	0.65	-0.24		-0.78	0.68	-0.72
Long Term Debt	-0.52	-0.56	-0.53	-0.54	-0.45	-0.66	-0.46	0.19	-0.21	-0.48	-0.19	-0.35	0.43	-0.47	-0.41	-0.54	-0.08	-0.36	-0.29	-0.52	-0.52	0.45	-0.78		-0.41	0.63
Common Stock Shares Outstanding	0.84	0.62	0.9	0.86	0.47	0.42	0.86	-0.72	0.71	0.52	0.76	0.79	0.0	0.7	0.55	0.72	0.78	0.72	-0.12	0.87	0.9	-0.13	0.68	-0.41		-0.84
Other Stockholder Equity	-0.96	-0.93	-0.93	-0.94	-0.7	-0.6	-0.95	0.53	-0.79	-0.68	-0.8	-0.87	0.09	-0.94	-0.81	-0.85	-0.73	-0.84	-0.11	-0.93	-0.91	-0.02	-0.72	0.63	-0.84

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Allmed Medical Account Relationship Matchups

Allmed Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	4.9B	5.0B	5.7B	5.1B	4.3B
Total Current Liabilities	620.4M	1.5B	1.6B	2.1B	1.3B	1.3B
Total Stockholder Equity	2.1B	2.9B	2.8B	3.1B	3.2B	2.4B
Retained Earnings	840.8M	1.7B	1.6B	1.7B	1.7B	1.2B
Accounts Payable	107.6M	143.9M	253.9M	897.3M	326.1M	296.3M
Cash	242.5M	1.3B	678.5M	522.2M	397.0M	544.4M
Non Current Assets Total	1.5B	2.0B	2.8B	3.3B	3.3B	2.3B
Non Currrent Assets Other	16.2M	51.0M	40.1M	10.4M	692.8K	658.1K
Net Receivables	446.9M	238.5M	589.0M	483.2M	376.4M	380.3M
Short Term Investments	1.1M	35.6M	8.1M	264.6M	96.8M	64.5M
Non Current Liabilities Total	476.2M	467.7M	614.2M	549.6M	547.9M	504.5M
Inventory	708.6M	707.3M	846.6M	877.3M	707.2M	711.3M
Other Current Assets	264.1M	243.9M	119.6M	81.9M	56.2M	53.4M
Total Liab	1.1B	1.9B	2.3B	2.6B	1.9B	1.8B
Short Long Term Debt	362.2M	1.1B	1.1B	792.1M	749.6M	800.5M
Total Current Assets	1.7B	2.8B	2.2B	2.4B	1.8B	2.0B
Intangible Assets	161.2M	219.5M	234.7M	213.6M	202.7M	208.6M
Other Current Liab	41.7M	161.7M	144.0M	16.1M	7.8M	7.4M
Other Liab	245.8M	289.4M	367.7M	486.0M	558.9M	360.7M
Net Tangible Assets	1.1B	1.9B	2.7B	2.5B	2.9B	2.0B
Net Debt	765.2M	306.4M	508.7M	381.3M	498.9M	386.2M
Other Assets	94.1M	106.2M	137.6M	139.2M	160.1M	132.0M
Long Term Debt	186.7M	100M	127.6M	111.4M	146.3M	120.5M
Other Stockholder Equity	582.5K	5.1M	(40.2M)	(63.6M)	(57.3M)	(54.4M)
Deferred Long Term Liab	565.9K	1.1M	1.3M	1.1M	1.0M	1.0M
Net Invested Capital	2.6B	4.1B	3.9B	4.0B	4.1B	3.6B
Net Working Capital	1.0B	1.4B	604.5M	332.0M	454.1M	681.2M
Property Plant Equipment	1.2B	1.2B	1.3B	1.6B	1.8B	1.4B

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Other Information on Investing in Allmed Stock

Balance Sheet is a snapshot of the financial position of Allmed Medical Products at a specified time, usually calculated after every quarter, six months, or one year. Allmed Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Allmed Medical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Allmed currently owns. An asset can also be divided into two categories, current and non-current.

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Allmed Operating Income vs Interest Income Analysis

Operating Income vs Interest Income

Operating Income vs Interest Income Correlation Analysis

Correlation Coefficient

Operating Income

Interest Income

Allmed Medical fundamental ratios Correlations

Allmed Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allmed Medical fundamental ratios Accounts

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Other Information on Investing in Allmed Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Retained Earnings
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities

Other Stockholder Equity	- 0.96	Total Assets
Other Stockholder Equity	- 0.95	Non Current Assets Total
Other Stockholder Equity	- 0.94	Total Liab
Other Stockholder Equity	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.93	Other Liab
Other Stockholder Equity	- 0.93	Total Stockholder Equity