SAIC Net Income From Continuing Ops vs Interest Income Analysis

600104 Stock   18.19  0.14  0.76%   
SAIC financial indicator trend analysis is much more than just breaking down SAIC Motor Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAIC Motor Corp is a good investment. Please check the relationship between SAIC Net Income From Continuing Ops and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SAIC Motor Corp. 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 Income

Net Income From Continuing Ops vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAIC Motor Corp Net Income From Continuing Ops account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between SAIC's Net Income From Continuing Ops and Interest Income is -0.85. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Income in the same time period over historical financial statements of SAIC Motor Corp, assuming nothing else is changed. The correlation between historical values of SAIC's Net Income From Continuing Ops 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 Net Income From Continuing Ops of SAIC Motor Corp 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 Net Income From Continuing Ops i.e., SAIC's Net Income From Continuing Ops and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income From Continuing Ops

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 SAIC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAIC Motor Corp 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 SAIC Motor Corp. 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.
As of December 23, 2024, Selling General Administrative is expected to decline to about 36.3 B. In addition to that, Tax Provision is expected to decline to about 5.1 B
 2021 2022 2023 2024 (projected)
Operating Income12.2B12.2B16.5B13.0B
Total Revenue777.6B744.1B744.7B449.6B

SAIC fundamental ratios Correlations

0.121.00.990.970.970.970.820.970.930.220.860.930.741.00.970.590.980.890.90.650.84-0.840.880.920.9
0.120.110.170.120.26-0.070.48-0.01-0.150.290.1-0.11-0.260.09-0.070.480.010.19-0.09-0.13-0.060.090.070.01-0.05
1.00.110.980.960.960.980.820.980.930.210.870.940.731.00.970.570.980.90.910.660.85-0.840.890.930.91
0.990.170.980.960.970.940.840.940.880.280.80.910.710.980.940.660.960.860.850.620.78-0.780.820.870.85
0.970.120.960.960.970.920.790.940.870.350.790.860.650.960.950.530.930.910.850.560.75-0.790.820.860.85
0.970.260.960.970.970.90.860.910.840.320.810.850.660.960.930.590.910.90.830.590.78-0.780.840.870.84
0.97-0.070.980.940.920.90.730.970.970.090.860.980.780.980.980.490.980.830.920.70.87-0.860.880.930.91
0.820.480.820.840.790.860.730.740.650.310.670.680.530.810.720.80.770.770.740.530.73-0.640.760.760.66
0.97-0.010.980.940.940.910.970.740.960.120.890.920.780.980.970.460.980.90.940.70.87-0.870.910.950.94
0.93-0.150.930.880.870.840.970.650.96-0.050.920.940.810.940.970.350.950.850.940.690.9-0.930.920.950.96
0.220.290.210.280.350.320.090.310.12-0.05-0.090.04-0.30.190.130.410.170.21-0.01-0.11-0.10.09-0.08-0.01-0.04
0.860.10.870.80.790.810.860.670.890.92-0.090.790.670.880.880.310.860.890.890.690.91-0.920.960.950.96
0.93-0.110.940.910.860.850.980.680.920.940.040.790.780.940.940.50.950.750.870.630.82-0.810.820.870.87
0.74-0.260.730.710.650.660.780.530.780.81-0.30.670.780.740.760.320.780.620.780.620.74-0.770.760.750.79
1.00.091.00.980.960.960.980.810.980.940.190.880.940.740.980.550.980.90.910.670.86-0.850.90.940.92
0.97-0.070.970.940.950.930.980.720.970.970.130.880.940.760.980.420.960.880.930.70.88-0.880.90.940.93
0.590.480.570.660.530.590.490.80.460.350.410.310.50.320.550.420.570.40.40.270.38-0.320.370.380.32
0.980.010.980.960.930.910.980.770.980.950.170.860.950.780.980.960.570.870.910.650.84-0.860.880.920.92
0.890.190.90.860.910.90.830.770.90.850.210.890.750.620.90.880.40.870.850.490.8-0.890.920.910.92
0.9-0.090.910.850.850.830.920.740.940.94-0.010.890.870.780.910.930.40.910.850.80.97-0.880.940.980.93
0.65-0.130.660.620.560.590.70.530.70.69-0.110.690.630.620.670.70.270.650.490.80.81-0.550.670.740.63
0.84-0.060.850.780.750.780.870.730.870.9-0.10.910.820.740.860.880.380.840.80.970.81-0.890.950.960.9
-0.840.09-0.84-0.78-0.79-0.78-0.86-0.64-0.87-0.930.09-0.92-0.81-0.77-0.85-0.88-0.32-0.86-0.89-0.88-0.55-0.89-0.94-0.92-0.96
0.880.070.890.820.820.840.880.760.910.92-0.080.960.820.760.90.90.370.880.920.940.670.95-0.940.980.97
0.920.010.930.870.860.870.930.760.950.95-0.010.950.870.750.940.940.380.920.910.980.740.96-0.920.980.96
0.9-0.050.910.850.850.840.910.660.940.96-0.040.960.870.790.920.930.320.920.920.930.630.9-0.960.970.96
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SAIC Account Relationship Matchups

SAIC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets849.3B919.4B916.9B990.1B1.0T1.1T
Other Current Liab118.6B193.7B109.1B93.0B3.1B3.0B
Total Current Liabilities462.8B510.9B480.5B544.0B547.4B574.8B
Total Stockholder Equity249.7B260.1B273.8B279.2B286.3B300.6B
Other Liab50.4B51.4B53.0B49.4B56.8B59.7B
Retained Earnings169.3B179.4B189.6B197.8B167.5B175.8B
Accounts Payable170.0B205.0B199.1B244.3B264.7B277.9B
Cash127.8B142.6B138.5B155.2B143.6B73.4B
Other Assets136.2B152.3B160.1B158.9B182.7B191.8B
Long Term Debt36.9B47.1B46.3B49.7B62.9B66.0B
Net Receivables203.8B43.6B47.5B62.9B68.0B61.7B
Short Term Investments49.8B64.1B53.9B45.2B46.7B49.0B
Inventory54.4B69.4B56.6B88.5B98.6B103.5B
Other Current Assets40.0B49.7B211.4B192.4B186.7B196.1B
Total Liab548.5B609.4B588.2B653.8B663.7B696.9B
Intangible Assets16.9B18.5B19.6B22.2B24.4B25.6B
Property Plant Equipment99.2B96.1B101.6B105.6B121.4B127.5B
Good Will1.5B1.5B1.3B1.2B1.2B1.1B
Net Tangible Assets232.9B242.6B255.7B259.1B297.9B243.2B
Other Stockholder Equity13.1B14.1B18.7B15.7B18.0B14.6B
Deferred Long Term Liab4.1B4.7B4.9B5.7B6.6B3.7B
Short Long Term Debt75.3B92.7B83.4B101.8B94.0B66.1B
Total Current Assets511.2B566.2B545.0B582.2B619.6B521.9B
Non Current Assets Total338.2B353.2B371.9B407.9B387.0B382.4B
Non Currrent Assets Other(6.5B)7.4B9.1B13.2B10.5B16.7B
Non Current Liabilities Total85.7B98.5B107.7B109.8B116.3B99.0B
Non Current Liabilities Other13.5B15.4B19.3B20.8B23.2B18.2B
Net Invested Capital360.3B399.9B403.5B430.8B443.2B413.0B
Net Working Capital48.4B55.3B64.5B38.2B72.2B49.7B

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Other Information on Investing in SAIC Stock

Balance Sheet is a snapshot of the financial position of SAIC Motor Corp at a specified time, usually calculated after every quarter, six months, or one year. SAIC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SAIC 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 SAIC currently owns. An asset can also be divided into two categories, current and non-current.